what are two differnt credit system
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Equifax, Experian and TransUnion are three major credit bureaus. ... Unique reports results in a unique credit score from each agency. Those scores account for three of the types of credit scores a person can have. The bureaus' scores are based on two main scoring models VantageScore and FICO.
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The different types of credit
There are three types of credit accounts: revolving, installment and open. One of the most common types of credit accounts, revolving credit is a line of credit that you can borrow from freely but that has a cap, known as a credit limit, on how much can be used at any given time.
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