Learn About Credit Scores
Every individual consumer has all of their financial information listed on credit reports at each of the three major credit reporting agencies. These credit reports contain credit histories which lists all accounts, including revolving an installment...
A credit score, which is a summary of the credit history as it appears on a credit report, is a determining factor when seeking credit. Whether renting an apartment or applying for a job, your credit score will have a significant impact on all aspect...
A good credit score is crucial for not only obtaining credit with getting a good interest rate when you do. Many consumers find difficult to purchase a home or lease an automobile when they have poor credit but they may not understand what they need ...
Most consumers are interested in finding out what steps they can take to raise their FICO score for free. This is a common cause because a FICO score affects so many aspects of a consumers financial health since it determines the types of loans they ...
A credit score is a singular numerical representation of an individual's accumulated credit behavior. The purpose of the credit score is to very clearly illustrate whether or not a consumer has behaved responsibly when utilizing lines of credit over ...
Your credit score can be a blessing or a curse depending on how good it is. A good credit score will help you to get approved for loans and services. It will also allow you to get a better interest rate on your debt. A bad credit score can really ham...
Mortgage borrowers today understand the need for a high credit score. You won't have access to the best mortgage rates unless your credit score is 740 or above. If you're in the market for home loan and simply need to give your score a little boost b...
TransUnion, Equifax and Experian are the three major credit reporting agencies in the United States which are required by law to provide a free copy of your annual credit report each year. By obtaining this free copy of your credit report and FICO s...
A law was passed in the United States entitling every citizen to one free annual credit report per year from Experian, Equifax and TransUnion, the three major credit reporting agencies. What is not required however, is that these same credit reporti...
Refinancing debt in general doesn't negatively or positively affect your credit score. As far as what appears on credit report, all that will appear is that a debt has shifted from one credit card to another and it will not take into account the int...
The credit score is a separate number from the free annual credit report that Federal law allows them to receive once per year from each of the credit reporting agencies. The credit score can often be as important then the credit report so being abl...
Never underestimate a good credit score. Having a good credit score means the savings of hundreds or even thousands of dollars on loans. Having a good credit score means getting the most bang for your buck. But what happens if your credit score hi...
Most people understand the importance of a good credit score. They know that a low score can affect everything from the interest rate on their mortgage to the amount they pay for auto insurance. The problem is that many people don't have the slight...
Everyone wants a better credit score, but there's more to the credit game than simply making your payments on time. Other factors - such as how you use credit, how often you use credit, and even what kind of credit you use can all affect your score....
A credit inquiry essentially is an item that appears on your credit report to show that a business has requested a copy of your report. For the business to make a request for your credit report, there must be a permissible purpose. Various business...
The old saying money makes the world go around is truer today than ever before, and loans for everything from a house to a car is the way most people get the house of their dreams, and the ride they want. However, credit scores will indicate to lende...
One of the most frustrating experiences is being turned down for a loan because of your credit score. Your ability to borrow money isn't the only thing affected by your credit score, though. Insurers might use your credit score to determine your prem...
Having a good credit score impacts many areas of your life: the interest rates you pay on debt, your car insurance rates, and what types of credit card offers you get in the mail. If you find yourself with a poor credit score, but have a need to impr...
Your credit score is important. It's the first thing a lender is going to look at when you apply for a loan and it directly affects the interest rate you pay. Your FICO credit score is based on your credit history, which can be found in your credit r...
Credit score, in its very simple terms, is the rating designed for grownups to assess their financial status and aptitude. Higher scores tend to suggest better creditworthiness for the person being rated; lower scores, on the other hand, carry associ...
Anyone living in today's society knows that it can be a drag to be turned down for credit. It's no fun when your application for a car loan, a student loan, a mortgage, or even just a credit card is denied. Learn how to boost your credit standing by ...
If you've ever seen any of your FICO credit scores in the past, chances are you paid for them, probably anywhere from $12 to $15. Recently, however, myFICO.com (the consumer website of Fair Isaac, creator of the FICO score) introduced a new trial ser...