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Emerging markets Credit.com Launches Credit Score Estimator To Help Guide Homebuyers By James Comtois In order to help consumers and prospective homebuyers navigate through the complexities of the financial world, a San Francisco-based credit education and financial services company, is offering a free interactive credit score estimator. Credit.com has launched its "Credit Score Compass," an online tool that allows consumers to easily gain insight into where they stand with their credit. Based on its knowledge of common scoring methods, Credit.com developed the free online interactive tool to help consumers discern their estimated credit score and better understand how it impacts the way lenders view them with regards to product approval. In addition, the Compass helps eliminate common credit misconceptions. To protect against identity-theft, Credit.com designed the Compass to function without requiring consumers to enter potentially sensitive personal information or accessing secure data. After applicants answer a few questions on past credit and loan history, the Compass produces an estimated credit score. The Compass suggests tools, tips and products tailored to the individual's immediate needs with a long-term goal of improving their overall credit rating. Using this advice in conjunction with responsible credit behavior, borrowers can work toward improving their overall credit score. According to Credit.com CEO Adam Levin, it's important for consumers to know more than just what their credit score is in order to improve and maintain good credit. "Consumers often misunderstand credit basics and this confusion can hurt them in the end," said Mr. Levin, adding, "By answering a few simple questions, our online Compass not only helps consumers get an accurate estimate of their credit score, it offers a path for improving their overall credit rating." Even for those who already know their score, the Compass still provides consumers with useful products and information to enhance the way they manage their credit. Prospective borrowers and homebuyers can use the tool to test the potential impact of future financial changes on their credit score. More emerging market news

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