Beacon Score numbers are numbers that lenders base their lending to YOU on. In other words, the better your score, the easier the credit, the worse the score... enough said. A good Beacon Score can be in the 800-900's, but this is very difficult to obtain. The national average is around 640.
If you are interested in your Beacon Score, or were recently denied credit, then you can write to TransUnion for a copy of your credit report. TransUnion is just one of three credit bureaus that American creditors report to. There is also Equifax and Experian as well.
It is always good to check your credit reports and Beacon Score yearly to make sure that all debt incurred was done so by yourself and that no fraud is ooccurring. Credit fraud is on the rise, so protect yourself early!
More on Beacon Score information.
