Monday, October 04, 2010
Does one late payment really lower your credit score? It can happen to anybody
I don’t know if this oversight will affect my credit scores, but I found an article by Don Taylor on Bankrate ("Ask Dr. Don") about the issue, (website url) here. Actually, what we call FICO is FICO with Experian (aka TRW/Chilton), Beacon with Equifax (aka CBI), and Emperica with Trans Union.
Taylor also discusses whether inquiries can affect your score. It does seem as though I dodged the bullet, this time.