Most of us, at some time or another, have done something to adversely affect our credit rating, perhaps without even knowing it. A late or missed credit card or home mortgage payment is just one example. When you buy a home, your real estate agent will encourage you to get pre-approved for your mortgage. Its during the home loan application process when problems often come to light.
Is Your Credit Rating Grating?
Your credit rating is quite an important piece of recorded history. It tells something of your ability to manage financial debt to a possible lender who may have no other way of knowing.
Is Your Credit Report Costing You Money?
Everyone needs to take advantage of the new Federal Free Annual Credit report program, and everyone means you! Why? Because the odds are about 4 to 1 against your credit report being accurate at all 3 bureaus. Thats one of the things the big three credit reporting agencies dont want you to know. And what you don’t know, can cost you tens of thousands of dollars. Here’s how to fight back.
Free Credit Report Why You Need One!
If youre like most of us, you probably dont even think about your credit rating until its time to apply for a credit card, mortgage or car loan. A little known fact is that people with a good or excellent credit rating can pay a significantly lower interest rate when they borrow money. This can mean a savings to you of hundreds or even thousands of dollars over the life of a loan.
How To Bounce Back From Bad Credit Ratings – Starting Today
A good credit rating is essential for many of the things we do everyday, such as, use a credit card, rent an apartment, qualify for financing for large purchase department store items, or buy a car, just to name a few.
How To Check Your Credit Rating and Know Its Affect On You
Every time you take out any kind of loan or credit or pay something back, it gets counted on your credit rating score. This article will inform you about how your credit score is determined and what its impact is on your personal financial situation may be.
Credit Rating: What Is It And Why Should I Pay Attention?
Far too few people know about something that has a huge impact on their lifetheir credit rating. They often learn about it after it is too late and pay dearly for it. You see you start forming your score as soon as you become a regular consumer which for a lot of people is during High School and for most is at least by the time they enter college. The problem is that they dont know what this mysterious entity is all about and make decisions that they rue financially. It rea…
Did Your Credit Score Today?
It can make a difference of up to 18% in loan repayment costs. For example, on a 30-year, $150,000 fixed rate mortgage, a borrower with the best credit score, 760-850, will pay 5.59%, or $860 per month, while someone in the worst score range will pay 7.18%, or $1,016 per month. This can make a big different to the household budget, so it’s to your advantage to keep your credit score as low as possible.
The 3 major credit bureaus, Experian, Equifax and Trans Union are similar and feature a “Credit Score”, which is derived from credit report information submitted to them about you.
Bad Credit: County Court Judgements Explained
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?
Beware of Scams When Repairing Your Credit
If you are in bad credit situation and are anxious in looking for a solution to rebuild your credit, then you may be tempted to answer an ad from a scam who can promise you an entirely new credit identity. Don’t be their victims, learn the sign of scams and beware of them.
5 Easy and Quick Ways to Improve your Credit Score
Your Credit Score is one of your biggest financial assets. If your credit score is high, your borrowing rates will be low and therefore save you hundreds of dollars. The big mystery is how to maintain a high credit score, continue to read to find ways to improve your credit score
A First Step To Initiate A Good Credit Rating
One of the first things young adults need to know when they’re just starting out on the road to the rest of their life, is how important it is to build and maintain good credit. In the world we live in today, your credit rating is the basis of how you are treated by the big businesses you will find you need to work and deal with in your day-to-day life.
It doesn’t matter if it’s renting an apartment, applying for insurance, a car loan, or even a credit card, your credit ra…