What is the range of credit scores for TransUnion?
300 to 850
Credit score ranges. The credit score you see from TransUnion is based on the VantageScore® 3.0 model. Scores in this model range from 300 to 850. A good score with TransUnion and VantageScore 3.0 is between 661 and 720.
Does Hong Kong have credit scores?
Your free credit score is the beginning of financial freedom CreditGo is the first and only free credit report platform in Hong Kong, and we are the official partner of TransUnion. All Hong Kong consumers who have a credit record will be able to use our platform to check their own credit score and report for free.
Is 780 a good credit score TransUnion?
A 780 credit score is well above the national average of 679, according to the latest data from TransUnion. As a result, such a score generally gives you access to some of the best loans and lines of credit.
How good is a 711 TransUnion credit score?
A 711 credit score is a good credit score. The good-credit range includes scores of 700 to 749, while an excellent credit score is 750 to 850, and people with scores this high are in a good position to qualify for the best possible mortgages, auto loans and credit cards, among other things.
Does TransUnion have a boost?
Only positive payments are added, so missed or late payments on these accounts won’t affect your score through Boost — though TransUnion’s program does report negative information in addition to positive.
How do I get my credit score in Hong Kong?
You can either check your credit report online on TransUnion or book an appointment online and go to the TransUnion office to get the report.
How much does a TransUnion credit report cost?
If you request your credit report online, you’ll be able to purchase a TransUnion VantageScore® for $0.99 plus the applicable cost of the credit report. The price for a TransUnion VantageScore when you request your credit report via phone or mail is $9.95 plus the applicable cost of the credit report.
Is TransUnion score higher or lower?
TransUnion ranges from a low of 300 to a high of 850. This is one of the least forgiving bureaus because much more weight is assigned to your payment history and the average age of your credit accounts. It’s also the least friendly to those just starting out building credit. Equifax scores range from 280 to 850.
Why is TransUnion score lower than others?
You may have a different score with each of the three nationwide credit reporting agencies (TransUnion, Equifax and Experian). For example, one scoring model may put more emphasis on total credit usage than others. Because there are varied scoring models, you’ll likely have different scores from different providers.Shah
Why is my TransUnion score lower?
How is CreditVision score used in Hong Kong?
CreditVision Risk Score has become the industry standard for credit risk management and risk decisioning. It is widely used by all leading lenders in Hong Kong to facilitate objective, fast and reliable credit decisioning. CreditVision Debt Capacity Score is used to find the approximate monthly or annual income of a consumer.
What do you need to know about TransUnion credit report?
TransUnion Credit Report contains information about your financial history. You may find your credit or loan accounts and how you manage them in your credit report. It’s important to review your credit report regularly to better know your financial status and how creditors access your credit information.
Which is the most widely used credit score in Hong Kong?
Our renowned CreditVision® Score, which is Hong Kong’s local bureau generic score, is the most widely used credit risk score in the industry. Other bureau scores, such as Bankruptcy Score and Payment Capacity Score, have been serving different sectors of Hong Kong’s banking industry over the last two decades.
When is TransUnion going to be suspended for maintenance?
In order to serve you better, our online services will be suspended from 2:00AM to 3:00AM on 31 August 2021 (Tuesday) for scheduled maintenance. We apologize for any inconvenience caused. your Credit Score Now!