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Author Question: TransUnion is aware that you are one month late on your car payment, while Equifax has not yet ... (Read 37 times)

sam.t96

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TransUnion is aware that you are one month late on your car payment, while Equifax has not yet uncovered this information. Which of the following statements is correct?
TransUnion will have a lower credit score for you than Equifax.
Being late one month on a car payment will not affect your BEACON score.
Both companies will have the same credit score because car payments are backed by collateral.
Both companies will have the same credit score because of the grace period.


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Marked as best answer by sam.t96 on Nov 11, 2019

Swizqar

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sam.t96

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Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)


bigsis44

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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