Tag Archives: Credit Rating

Improve Credit Score – Some Helpful Tips

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

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Logistic distribution maps credit score to probability of default (PD)

bionicturtledotcom asked: The logistic function can be used to transform a credit score into a probability of default (PD). The advantages of the logistic are (i) it easy to calculate and (ii) as a cumulative distribution function (CDF) the output … Continue reading

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Excellent Credit Score – An Impossible Dream?

Sammy Holderman asked: The threat of future unemployment has many people striving to greatly reduce their debt or even to not go into debt at all. Gone are the days of “plastic power”. So many people had their interest rates … Continue reading

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Will Inquiries Lower Your Credit Score?

Scott Brown asked: What are inquiries?When you apply for credit the creditor or lender checks your credit report to verify that you qualify for the credit or loan you are applying for. The “inquiry” is then reported to the credit … Continue reading

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Repairing Your Credit Score and Clearing Derogatory Marks on Your Credit Report

Justin Smith asked: Raising your credit score can be a fairly simple and straightforward process unless you have derogatory marks that need to be disputed (which will be explained below).The reasons for bad credit can be as follows, high balances, … Continue reading

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Raising Credit Score – 3 Ways to Improve Credit Score Fast

Paul Sarwana asked: Many people often wonder how they can raise their credit score. It is actually easier than most people think. There are many different steps you can take for improving your overall credit rating. Here are three essential … Continue reading

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Improve Credit Rating – Ways to Improve Your Credit Score

Frank L Froggatt asked: There are millions of people in the U.S. today struggling to get by with lousy credit. If you are one of them, and have been looking for ways to improve your score, the following information could … Continue reading

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Bad Credit Repair – Easy Ways to Improve a Credit Report Score

Paul Sarwana asked: Many people find themselves trapped in bad credit due to various reasons, some due to misfortune while others suffer from this problem because of mismanagement of finances. No matter what may be the reason for bad credit, … Continue reading

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Credit Score Rating

Santhana Chann asked: People who have a bad credit often find it difficult to obtain a loan to supplement his needs. As bad credit is not desired by any company or individual to issue the loans, these people often tend … Continue reading

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What Does Your Credit Score Mean?

Mike Singh asked: You may find yourself asking what does your credit score mean exactly? This is a valid question, many people ask themselves what does a credit rating mean. It is a score that determines how responsible you have … Continue reading

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How to Improve Your Credit Score

Laura Evert asked: Have you wanted to buy a house or a car but you have a low credit score? You can fix that by checking your annual credit report to see if all information is accurate. However, if you … Continue reading

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