Credit bureau scoring is a statistical means of assessing how likely a borrower is to pay back a loan. It is
based on the information obtained from a borrower’s credit report.
Types of credit information used in the credit bureau scorecards are typically what underwriters would use to
make a credit decision such as payment history.
public record, collection items, and delinquencies noted in the credit report.
Outstanding debts (number of balances recently reported, average balance across all tradelines, the
relationship between total balances and total credit limits).
Credit History: Age of oldest tradeline, number of new trade lines.
Pursuit of new credit: Number of inquiries and new accounts operating in the last year and number of most
inquiries.
Type of credit in use: Number of trade lines reported for each type (Bank cards, Entertainment cards,
Department store cards, Personal finance company references, Installment loans).
Credit score ranges for new mortgage borrowers from a national sample.

Shawn Rabban | 310 -714 -5616 | Shawnrabban@yahoo.com |
City Capital Realty | CAL DRE. 00667328 | NMLS. 298861 / 729817 |
1575 Westwood Blvd., Suite 201, Los Angeles, CA, 90024
Terms & Conditions are subject to change without notice. Subject to credit approval. Some restrictions may apply