The readiness estimate is not a credit score
It is an educational planning indicator calculated from the answers you select. It is not produced by Equifax, Experian, TransUnion, FICO, VantageScore or a lender. It is not intended to reproduce any proprietary scoring model.
No approval prediction
A readiness estimate, completed task or product message does not mean you are pre-approved, pre-qualified, eligible or likely to receive particular terms. Lenders and other decision-makers use their own data, models, policies and timing.
Credit information can differ
Credit reports and scores may vary by bureau, reporting date, data source and scoring model. A creditor may not report to every bureau. Information you manually enter can be incomplete, outdated or incorrect.
No guaranteed score improvement
Actions such as paying balances or correcting inaccurate information may affect people differently and may not change a score on a particular schedule. Do not take on new debt, close accounts, move money or skip essential expenses solely to influence an educational estimate.
Disputes and accuracy
You have rights under federal and state law concerning consumer reports. Dispute only information you genuinely believe is inaccurate and provide specific supporting facts. BorrowAware does not submit disputes, represent you or promise removal of accurate negative information.
Official reports and professional help
Obtain reports through the federally authorized source, AnnualCreditReport.com. For individualized lending, legal, tax or financial advice, consult an appropriately licensed professional. For nonprofit counseling, evaluate organizations independently and review their fees and credentials.