What gives…wadau…
my credit score reads so low and when I call the different reference bureaus I am told I basically have to be an active borrower to get my credit score up.
What if I struck a secret Diamond mine and I do not need loans? [SIZE=2]I just want to see how credit worthy I am since the future is never certain[/SIZE]
Yet from one of the Bureaus my score is 727 ( VERY LOW RISK) another pain in the ass has me at 367 (High Risk)
How do the scoring matrices work?!
Forrowing
For you to get rating you must take credit so if you don’t need a loan then there is no way of assessing how credit worthy you are…Different bureaus have their own way of analyzing your rating depending on the data they have on you…the lesser data they have the lower the score.
Mine is - 1. Yes, negative one. You better off.
You have some negative information on the one with 367 that you need to follow up on and find out from whom.
Some Credit Agencies include information on your Renting and Housing history while others don’t.
Take a car loan and finance ⅓ (33%) of it and you’ll be all set.
IMHO credit scores are a scam. It’s a new excuse for banks to charge Kenyans interest rates at the highest levels possible.