Your credit report is one of the most important parts of your financial life. Without a credit report, you may struggle to get loans to buy a home, open credit cards or even get utility accounts in your name. Your…
Category: Credit Score
Credit scores define for a numerical value according to the credit files of a person. A financial institution or a bank generally checks the credit score to know if a person can qualify for paying the loan back to them or not. Also, they keep a check on their credit limits.
Credit scores give information regarding the credit reports so that a person can go proper analysis of the data. More the credit score more chances the lenders will provide you money. From your credit score, banks, dealers, or the lenders will check if they should lend you money or not.
When was the last time you checked your credit score? For many people, checking their credit score usually only comes around when they need to purchase something on credit. They go to buy a home and they find out their…
Creditors use your credit score to decide whether to give you a loan or not. They also use it to determine the interest rate to charge you depending on the risk assessment from your credit history. However, due to a…
A good credit score makes life a lot easier. However, that doesn’t mean that your life is over if your credit isn’t good. Not only are options available when looking for an easy cash loan with bad credit, bad credit…
Most people think they have no recourse when their FICO score hits rock bottom. Why? They think that because that is what they are led to believe. They go to the bank and ask for a loan and get rejected,…
While you may have saved for a down payment on a brand new house, if you have less than perfect credit, then you may find that you have a difficult time qualifying for a mortgage and purchasing the home you…
A credit score is a number that lenders use to determine the risk of lending money to a given borrower. Credit card companies, auto dealerships and mortgage bankers are three common examples of types of lenders that will check your credit score…
There is little doubt that a poor credit rating will severely limit your borrowing options. County Court Judgments (CCJs), defaulted payments and bankruptcy orders will leave a black mark against your name which will be impossible for lenders to overlook…
Here’s a surprise, Lexington Law really wants you to cancel your account with them. This law firm that works hard to remove negative items from your credit report, so when you’re financial life gets better, it means the firm has…
There is no way to calculate your credit score, the private companies are the sole proprietors of the credit score determining formulae. Having said that, you can always know your credit score by asking for a report from any of…