Archive for the 'what is credit score' Category

Credit Scores: What’s It About and What Makes a Good Credit Score?

Credit Scores: What’s It About and What Makes a Good Credit Score?
Imagine yourself applying for a car loan, you have the money and you have the right job to pay the loan back before the due date. However, even if you have the right job and the money for it, you still haven’t been approved [...]

Credit Score: What Is It and How to Get Yours For Free

Credit Score: What Is It and How to Get Yours For Free
In the United States, your credit score is everything. It is something that you should take care of or if you don’t, getting a phone, cable or gas line hooked up in your home can be difficult to do. There are also certain companies [...]

Your Credit Rating’s Importance To Loans Lenders

Credit ratings are basically an individual’s report card on their ability to responsibly handle debt. Lenders use credit reports and credit rating systems to assess the risk of providing financing to borrowers. Borrowers who have demonstrated a strong and consistent history of responsible borrowing and repayment will get higher loan amounts and better rates and [...]

Understanding Your Credit Score

Much weight is given to your credit score by lenders. So it is in your best interest to get your credit score as high as it can possibly be before you submit any credit application.
Not all lenders are the same. Some lenders will base your creditworthiness solely on your credit score while others consider a [...]

How To Remove Collection Accounts From Your Credit Report - It’s Not As Difficult As You May Think!

Many consumers are not aware that a collection mark is allowed to remain on your credit report for 7 years. The seven year period that a negative collection mark remains on your credit report actually begins at the date of your first missed payment. This can be very damaging to your credit and make getting [...]

Good Credit Score - Good for Your Well Being

Everyone knows that a credit score can directly affect your financial well being, but not many people think about how a good (or inversely, a bad) credit score can actually affect your physical and emotional well being, as well. This might sound a little strange at first, but remember that nothing about health or the [...]

Why You Should Monitor and Maintain Your Credit Score

Monitoring and maintaining your credit score on a regular basis in this time of an uncertain economy is a must and not something you should do after being denied credit.
As part of your overall financial and budgeting fitness plan you should check your credit score to see if there are any areas that can be [...]

Are There Forms To Dispute Errors On My Credit Report? Tips To Fix Your Credit Rating

Errors can happen on your credit report, so it is important to check your credit report periodically to be certain that the information that it contains is correct. Times that you will definitely want to review your credit report would be before you apply for a loan, credit card or mortgage. This way you can [...]