Category Archives: Finance

Explanation of the Credit FICO Good Score

Posted on March 28, 2011 by

Abigayle Drysdale asked: What’s a good credit score? That depends upon the reporting agency assessing your history. Some scores are lower than others, depending upon a person’s financial behavior. Some people find the need to increase their scores after a … Continue reading →

Posted in Finance | Tagged Bankruptcies, Checks, Credit Cards, Credit Counseling Service, Credit Equifax, credit score, Excellent Tools, Fico Score, Financial Behavior, Late Payments, Major Credit Reporting Agencies, Reporting Agency, Score Cards, Three Major Credit Reporting Agencies | Leave a comment

National Average Credit Score

Posted on March 26, 2011 by

W. M. Blake asked: Everyone has a credit score. It is inevitable and impossible to avoid being sought out by creditors. Once you are in debt, it is an up hill battle to gain control over it again. Your score … Continue reading →

Posted in Finance | Tagged Bill Collectors, Creditors, Due Date, Free Checking, Free Credit Report, Hard Time, Hasty Decisions, Improve Credit, Loan Programs, national average credit score, People, Rate Loans, Typing Free, ways to improve your credit score | Leave a comment

Fix Your Credit Score – The Two Options

Posted on March 21, 2011 by

Steven Anna asked: When it’s time to fix your credit score, there are two options: you can spend the time to learn the requisite aspects of the credit reporting business, or you can utilize a professional credit repair service. There … Continue reading →

Posted in Finance | Tagged Benefit, Credit Bureaus, Credit Repair Company, Credit Repair Service, Credit Reports, Equifax, Erroneous Data, Fixing Your Credit, Fixing Your Credit Score, Intimate Knowledge, Option One, professional credit, Quicken, Time Consuming | Leave a comment

Understanding Your Credit Score

Posted on March 19, 2011 by

Jeremy Zongker asked: When you apply for credit one of the first things almost all credit officers do is check your credit score. Although not all of those officers explained to us what a credit score is, we are all … Continue reading →

Posted in Finance | Tagged Computing, Credit Card Payments, Credit History, Credit Information, Credit Report, Elements, Final Score, Improve Credit, Installment Loans, Issuers, Paragraphs, Payment History, Proportion, Utmost Importance | Leave a comment

New FICO 08 Credit Score Changes

Posted on March 17, 2011 by

John Dow asked: There is a new FICO credit scoring system called FICO-08 that was designed to better serve the credit industry. The two major changes are about small inconsequential infractions and people who piggyback onto others good credit history. … Continue reading →

Posted in Finance | Tagged Credit Equifax, Credit Scoring System, Delinquencies, Exact Methods, Experian, Fair Isaac Corporation, Fico Credit Scores, Fico Credit Scoring, Fico Credit Scoring System, Lapse Of Memory, Lending Institutions, Major Credit Bureaus, Score Changes, Three Major Credit Bureaus | Leave a comment

Raising My Credit Score – 5 Ways

Posted on March 17, 2011 by

Jed C. Jones Ph.D. asked: Your credit score follows you wherever you go: when you move, when you change jobs, and when you apply for a new credit card or get a new loan.The big three credit reporting agencies are … Continue reading →

Posted in Finance | Tagged Credit Cards, Credit History, Credit Loans, Credit Reporting Agencies, Credit Reporting Services, Dollars Each Year, Equifax, Erroneous Charges, Glitches, Mailing Address, Passport, Poor Credit Score, ways to improve your credit score, ways to raise your credit score | Leave a comment

Your Credit Score Explained

Posted on March 11, 2011 by

Jo Jude asked: How your credit score is calculatedCredit score information allows lenders to gauge a credit applicant to see if he or she is worth the risk of availing credit. After all, credit institutions are a business and need … Continue reading →

Posted in Finance | Tagged Business Practice, Credit Applicant, Credit Application, Credit Information, Credit Institutions, Credit Report, Credit Reporting Agencies, credit score, Gauge, Investments, Lenders, Money Resources, Six Months, Worth The Risk | Leave a comment

Improve Credit Score – Some Helpful Tips

Posted on March 6, 2011 by

Jeff Schuman asked: You can spend years reliably and responsibly paying all your bills on time and building up an excellent credit score. But unfortunately unexpected things like medical bills or divorce can happen which can impact your score.Here are … Continue reading →

Posted in Finance | Tagged Bankruptcy, Contact, Credit Bureau, Credit Card Bills, Credit Rating, Credit Reporting Agency, Divorce, Excellent Credit Score, Helpful Tips, Improve Credit, Legal Obligation, Medical Bills, Score Increase | Leave a comment

Credit Score Scale

Posted on March 5, 2011 by

Scott Paul asked: Do you know your credit score? How do you interpret your score and repair it if necessary? Credit scores are a big part of our financial stability and future. In order to secure the best future for … Continue reading →

Posted in Finance | Tagged Best Future, Car Loan, Credit Bureaus, Credit Credit Cards, Credit Inquiries, credit score, Financial Stability, High Interest Rates, Improving Your Credit, Late Payments, Length Of Time, Low Interest Rates, Poor Credit History, score scale | Leave a comment

Do Inquiries Hurt My Credit Score?

Posted on March 1, 2011 by

Robert S Holland asked: Lenders check your credit when you apply for credit. If you are looking to buy furniture on credit, buy a new car, get a mortgage on a new home, your credit is reviewed. When the lender … Continue reading →

Posted in Finance | Tagged Automobile Loans, Buy Furniture, Car Loan, Credit Bureaus, Credit Check, credit repair, Credit Report, credit score, Definite Change, inquiries, Lenders, Lot, People, Risk | Leave a comment

Credit Scores – What Determines YOUR Score?

Posted on February 27, 2011 by

Karen Boies asked: I had the pleasure of meeting with a young professional woman this week who was interested in seeing if she would qualify for a mortgage, so she could invest in her own home. During our meeting she … Continue reading →

Posted in Finance | Tagged Credit Equifax, Credit History, Credit Reporting Agencies, Credit Scores, Creditor, Creditors, Equifax, Excellent Credit Score, Financial Health, Improving Your Credit, Many Different Ways, Notations, Payment Arrangement, Payment History | Leave a comment

Tips on How to Get Your Credit Score

Posted on February 24, 2011 by

Jacqueline Harris asked: If you want your credit report for free and looking for place / sites to get one! You have arrived at the right hub for information. Getting a real credit report for free sounds like too good … Continue reading →

Posted in Finance | Tagged Borrowers, Credit Information, credit score, Fico Score, Free Sounds, Legitimate Companies, Mortgage Firm, Person To Person, Rate Of Interest, Referral Link, score range, Transunion Credit Report, Unsecured Loans, Washington Mutual | Leave a comment