County Court Judgements or CCJs will have a serious impact on your credit rating, making it more difficult to obtain finance. What are CCJs, and can you do anything about them?
Identity Theft: Stop It Now!
Protect your credit rating and your good name by guarding against identity theft. By being proactive, you can ensure that thieves stay away from important personal information that they want to use against you!
Ways To Increase Your Credit Score
Your credit report and credit score can serve you to evaluate your creditworthiness. There are several strong points that may bring about a weak credit score to be assessed by the top credit bureaus – too several debts or outstanding bills, bankruptcy, below par credit to debt relationship, not paying taxes, nonexistent loan payments and contradictory reports to collection agencies from a retailers.
Transferring Credit Card Debt May Be Hazardous To Your Financial Health
Credit card companies now make it so easy to transfer one credit card balance to another. We get so bombarded with all the advertisements for balance transfers it’s hard to decide what company to do business with.
Understanding Credit Scoring
Your credit score is one of the most critical factors in your financial life. It determines if you will be approved for a loan or line of credit. A credit score is a mathematically calculated number developed by the Fair Isaac Corporation (FICO) that lenders use to rate potential customers in determining the likelihood that a customer will pay his or her bills on time.
Understanding The Credit Card Trap
Credit cards are an alluring trap invented by our modern financial system.
Mortgage Terminology Explained
When you first apply for a mortgage, you may feel youve stepped into a different culture with a language all its own. More than likely, your mortgage professional is throwing many new terms and expressions your way. Its the responsibility of that same mortgage professional to make sure you understand everything thats being explained to you, so you should never hesitate to ask them to stop and clarify. However, if you can approach your application meeting armed with some fa…
Is My Credit Rating Important?
If you apply for any form of credit then the success of your application is likely to depend on your credit rating. Whether you want to take out a store card or a mortgage, credit reference agencies will be used to provide the lender with information about your credit history.
Even People With Good Credit Are Penalized
By now everyone is aware of the Vantage credit scoring system developed by the three major credit bureaus: Equifax, Experian and TransUnion. The system grades consumers on a scale of A-F. I have done extensive research, but have yet to find out how lenders will use this score, or which lenders will choose to use the Vantage score as opposed to the FICO score.
Fico Frequently Asked Questions
So, you have decided to consolidate your debts and are trying to improve your credit score. You’ve received the credit report, gone through it, and everything looks pretty much in order. Do you have a few questions about what FICO actually means? Don’t worry, you’re not the only one.
Credit Myths – Mistakes That Will Make Your Debts Worse – Part 1
If you’re in debt, your credit rating is extremely important because it represents a significant part of your ability to get out of debt. The better your credit rating, the easier you’ll find it to refinance your debt, cutting your monthly repayments and leaving you more money to pay off your debts in a shorter period of time.
How to Increase Your Mortgage Bad Credit Rating?
Do you want to find out more about what affects your mortgage credit rating? Or maybe you want to discover more about increasing your mortgage credit rating? Read for more information below.