Archive for the 'what's a good credit score' Category

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 [...]

How Do Credit Inquiries Affect Your Credit Score?

It’s a common misconception that all credit inquiries — or any time your credit report is pulled — hurt your credit score. This isn’t true, however. Only “hard inquiries” will take a toll on your score. Hard inquiries are occasions when your credit report is pulled for the purposes of extending you credit or a [...]

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 [...]