Category Blog Post

Impact of a New Late Payment on the Credit Score

A late payment on a credit card or loan can have a serious impact on a person’s credit score. When a payment is late, it is reported to the credit bureaus, which can lower a person’s credit score. The impact…

elevatemyscores
January 17, 2023

Why are There so Many Credit Scoring Models?

There are a multitude of credit scoring models in use today, each with its own unique method for calculating and interpreting a person’s credit score. This variety of models can be confusing for consumers, but there are several reasons why…

elevatemyscores
January 3, 2023