How Your Free Credit Score Affects You
Your personal credit score has everything to do with who wants to lend you money. It affects whether or not you get a credit card, approved for a mortgage or even sign a lease. Some employers check credit scores before hiring or promoting you, and even insurance companies routinely base quotes on credit score. Obviously, your credit score dictates much of your financial success, so it's a good idea to become aware of this powerful number.
What is a credit score? It is a 3-digit...(read more)
Your Credit Score From Your Consumer Credit Report
If you know your driver's license number, you should know your credit score. This 3-digit number determines much of your financial life, and functions as your financial calling card. It wasn't always that way.
Remember the old Jimmy Stewart movie, "It's a Wonderful Life"? Stewart plays a banker at a savings and loan who has given credit to the poor to help them build decent houses. Now he faces ruin at the hands of a heartless Lionel Barrymore, who has found a misplaced bank...(read more)
Don't Get Caught With Your Credit Report Score In The Gutter
Here's a nightmare credit scenario. You search for weeks for a perfect house, make an offer, and it's rejected because your credit was considered too risky.
This problem is all too real and with the collapse of the subprime lending market, more people are finding it difficult to get a mortgage. Many people are unable to purchase their dream house, a nice car or even an engagement ring simply because their credit report score is too low. They may have good jobs and the ability to...(read more)
Getting To Know Your Credit Score
If you don't know your credit score, it's time you two got a little better acquainted. Order your score whenever you check your credit report. You'll have to pay a small fee but the knowledge is worth it.
Your credit score is a number between 300 - 850 which summarizes your financial history. You probably have 3 credit scores, one from each of the top credit reporting bureaus. The score is a statistical rating of your credit "worthiness" or ability to pay. It can help or hurt you...(read more)
Establish A Good Credit Rating, And Keep It
These days you need a good credit rating to buy a house, get a job or even a preferred rate on your homeowner's or life insurance policy. Your credit "rating," as determined by your credit report, has the power to bring you your dreams or grind your financial hopes into dust.
Credit rating (or more commonly, your credit score) is a number that attempts to predict how likely you are to pay back a debt. This score comes from comprehensive records kept on your payment history by the...(read more)
Knowing Your Credit History
You know your medical history. Why not your credit history? It's what financial institutions look at when making decisions about giving you credit. Knowing your credit history gives you a big advantage whether you're looking for a loan, a job, a house or a car. If your credit history is good, you may be able to negotiate better interest rates. If your credit history is poor, you'll need to pull up your low credit scores before big purchases or else face daunting interest...(read more)
|
