Frequently Asked Questions

In this section, you will find answers to most frequently asked questions related to ECRID and credit scores in general.  If you still need assistance after reviewing this page, please feel free to contact us at 1-888-551-5527 or send a message to [email protected].

What is a credit score and how does it affect me?

A credit score is very important. Your credit report is a number that summarizes your credit history information and sends a report. Your credit report reflects financial activity details and on the likelihood you will become delinquent on a credit obligation.

Why don't I have Credit?

Credit is usually generated by your credit history. If you have little or no credit history, you will probably not have a credit score available.

How often do credit scores change?

It all depends on how much information you are adding to your credit report all the time. Your credit score is change by new credit enquiries.

What information goes into calculating my credit score?

Credit scores use information given from three areas of your credit report. 1. Credit cards, mortgages, auto loans, student loans, & rent. 2. Tax liens or bankruptcies 3. Inquiries, when lenders view your credit.