provides this credit grade as
a quantative measure of a person's credit history. It aggregates many aspects of
credit activities such as payments, delinquencies, and judgements, liens, and many
others. This rating plays an important role in qualifying your mortgage application.
This calculator is a simplified evaluation of your
credit rating. It bases the rating only on few aspects that are included in the calculator
which is no a complete consideration. However, it will give you a reasonably idea of
your rating. Financial institutions use different schemes in their evaluation and
could very be different than the one presented here. Also, there might be speical
circumstances that are not covered by this calculator, such as job changes or emergencies.
To get your approximate credit grade, just input the number
of times you have had any of the following happen to you. For example, if you have had 1
late credit card 30 days late payment, select 1 under "30 days" in the row of
"Installment Loans/Revolving Credit". If you have had personal bankruptcy,
select the number of years ago when it happened.
Note that we do not retain any information
that you are entering.
Get Your Credit Grade
