You Have a “Secret” Credit Score That Could Be Working Against You

You’re probably familiar with your FICO credit score.

You might even know about yourChexsystems score.

It turns out, there’s another financial score that can affect your money goals.

And there are a lot of these collection companies.

“They don’t fit neatly under the single ‘credit bureau’ umbrella.”

Basically, these companies are data brokers.

And you probably already know that they sell your info to companies for marketing purposes.

But many times, this data is also used against you, Nitzsche says.

Insurance companies, employers and utility providers may also use “fourth bureaus”.

see to it your financial habits are healthy.

For more detail, check out the full video.

Your “secret” credit score| America Now

Photo byAmnesty International UK.