The Basics of Credit Repair Process By having a credit card, you are using someone else’s money as payment for your purchases. You are swearing to repay the amount purchased. When applying for a loan, credit card or mortgage, it is normal for the agency to check your credit worthiness. This is based on the assessment of your... Continue Reading →
If it's been a while since you've looked at your credit report, you may be surprised to find errors, mistakes, or even a black mark or two. Fortunately, a Credit Repair Company can help you fix those mistakes and erase those black marks.
2017 the US has a population of 326, 474,013 million people. (http://www.worldometers.info/world-population/us-population/)
Chances are if you seriously considering bankruptcy your credit score may already be in bad shape. Bankruptcy will remain on your credit report up to 10 years. Bankruptcy negatively affects your credit score, here's why:
This marks the 4th day of 30 day credit tips. Auto Credit Score also known as Auto Industry Optional Score is used by over 90% of auto lenders to determine your auto loan. This score reflects your car payment history and the auto lenders use this as insight to whether you are more susceptible of... Continue Reading →
Many people have heard of bad credit, but some may not know what it means. For a long time, there was no established method for determining the credit activities of consumers. However, this all changed when a company called the Fair Isaac Corporation designed a credit scoring system that is called the FICO score. Because the three major credit agencies have different information on each consumer, the FICO score calculated by these agencies won't be exact.
A credit score is a number that signifies your credit information. This score is used by all financial institutions or individual lenders to assess the risk involved in giving you credit.
A good credit rating is very important. Businesses inspect your credit history when they evaluate your applications for credit, insurance, employment, and even leases. They can use it when they choose to give or deny you credit or insurance, provided you receive fair and equal treatment.