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New Credit Report Tracks Our Financial Behavior

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Uploaded by on Dec 14, 2011

CoreLogic is an information broker, and the newest entrant into the credit reporting industry. The organization's new CoreScore attempts to give lenders a deeper understanding of an individual's spending habits. What makes CoreLogic different? The information they collect isn't typically captured by the three big credit bureaus, which is why many lenders are so interested. The CoreScore report is already available to lenders, and the corresponding credit score is currently in development with FICO, the developer of the most widely used credit scoring formula.

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