Re: Which score do lenders use, bureau, or? - Posted by Bruce Lawson
Posted by Bruce Lawson on September 02, 2003 at 15:35:31:
I am with Clint on the in-house credit scores I have never seen them. Lenders will use the middle score most likely providing they pull a trimerge(all three scores). It is never clear which of the three any lender subscribes to most use Equifax and Transunion, and if the score is somewhere that meets their criteria there is no need for them to pull all three.
I believe what you are referring to is the difference in scores the consumer receives and what the lender sees. The credit report a consumer has access to is different than a lender gets nevertheless they are close.
I believe that is what you are asking about. Also the credit reporting companies are no longer bureaus they were forced to change their names to credit reporting companies because people were thinking they were part of government, and they are just companies in business to make money and nothing else.