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Subject: Median Score

Mon May 04, 2009 10:14 pm

Hi i was asked by a lender what is my median credit score?

GarySnober

Joined: 08 Apr 2009
GarySnober's page
Posts: 67

6 Magic Points

Mon May 04, 2009 10:17 pm

Hi a median credit score is the "Middle" score. When you get a credit score you will get 3 different ones from the 3 main credit bureaus. In example one will give you 690 the 2nd one will give you 670 and the 3rd will give you 630 the median one would be 670 as its the middle one. So median just means the middle score of the 3. Hope this helps.

cbass1017

Joined: 01 Feb 2008
cbass1017's page
Posts: 143
Location: PA

1528 Magic Points

Mon May 18, 2009 1:02 am

Very weird that a lender would ask you what your credit score is. I would think that they would be the ones to telll you...
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internet15

Joined: 16 Apr 2009
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Posts: 51

2439 Magic Points

Wed May 20, 2009 6:59 am

I also think that median credit score is the "Middle" score. When you get a credit score you will get 3 different ones from the 3 main credit bureaus. In example one will give you 690 the 2nd one will give you 670 and the 3rd will give you 630 the median one would be 670 as its the middle one. So median just means the middle score of the 3. Hope this helps.
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Firang

Joined: 28 Apr 2009
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Posts: 56

-25 Magic Points

Wed May 20, 2009 8:05 am

The median is the middle value, so I'll have to rewrite the list in order:

13, 13, 13, 13, 14, 14, 16, 18, 21

There are nine numbers in the list, so the middle one will be the (9 + 1) ÷ 2 = 10 ÷ 2 = 5th number:

13, 13, 13, 13, 14, 14, 16, 18, 21

So the median is 14.

did you get the meaning of median so similarly the median stands for the middle score figure of all the three credit scores.

keep us informed.

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