You went online to some www.yourcreditscore.com web site and got your credit score. When you went into the car dealership, and they pulled your credit they didn’t go to that same site. That being the case, do you think since the car dealership used a different service to pull your credit that your score could be different? You would think it should be the same or worst case scenario close. When you go online and have your credit pulled you’ll receive what I would call a generic credit score.
After all, it’s a score yearly free credit report Nevada based on your whole credit history.
Meaning it takes in effect how you’ve paid anything and everything you’ve had credit with; from auto loans, to mortgages, to credit card, to student loans, to personal loans. free credit report federal If your credit file is deep with all the above yearly free credit report Nevada types of credit, and you had a 30 day late payment on a car loan your overall credit score wouldn’t be tarnished much assuming that everything else on there was perfect. When a car dealer pulls your credit they are pulling what’s called and Auto Finance Score.
In other yearly free credit report Nevada words, the credit score that they get from one of the three credit reporting services (Equifax, Transunion, Experian), is an auto finance score based more on your pervious auto loans. www credit report free So in the scenario above, if your credit file was perfect with all your creditors, but you had a 30 late payment on a car loan your yearly free credit report Nevada auto finance score will take a big yearly free credit report Nevada hit.
The bottom line is there are two different scoring systems. When you go online you’re not getting an auto finance score. You’re getting an overall FICO yearly free credit report Nevada score which is different than an auto finance score.  Banks that make car loans want to know yearly free credit report Nevada more about your pervious car credit than how you paid back a student loan.
There are other factors that make up an auto finance score that are yearly free credit report Nevada different than an overall FICO online credit report score, but since I’ve never worked for a credit reporting company I don’t know of the exact formula they use. Like yearly free credit report Nevada I said earlier…don’t waste your time buying yearly free credit report Nevada a credit report online if you’re getting ready to purchase a vehicle. credit report for free
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