What does YMMV (credit) mean?

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I have seen a lot of people say that on forums.

This question is about Credit Reports

WalletHub, Financial Company

@WalletHub • 03/11/20 This answer was first published on 07/31/17 and it was last updated on 03/11/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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YMMV is an abbreviation for “Your Mileage May Vary.” Basically, it means one person’s experience with a product may be different from another’s.

YMMV is often used in online forums to describe credit cards…

Whose terms vary from cardholder to cardholder;
That don’t have clear-cut approval requirements; or
With offers that are available only for a limited time or to certain people.

YMMV is an informal term, however. And you are unlikely to see it on any credit card company websites.

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Roger Schmidt, Member

@discoinferno6 • 12/04/17 This answer was first published on 12/04/17. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Yeah, it's kind of a failsafe, "your mileage may vary". Just because something happened to them, doesn't mean it'll automatically happen to you.

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Nakeshia Dent, Member

@nakeshiad • 07/31/17 This answer was first published on 07/31/17. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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YMMV means Your Mileage May Vary - Meaning that just because someones's credit score increased after completing a certain action your credit score may not be affected in the same way.

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Lloyd Chavis, Member

@lloydc_12 • 01/16/18 This answer was first published on 01/16/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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when you click on offers does it mean offers that apply to my specific credit sitiuation? And does it show the banks that would approve me undr mortgages

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