|
Boost Your Credit Score
Rebuild & Keep Good Credit
Ratings
Credit Score Myths
Free Credit Reports
Your Credit History
Credit
Consultation
Debt Assistance
Credit Monitoring
Sitemap
|
Increase Your Credit Score -FAST!
Uncover honest and
straightforward processes you can use to improve and update
your credit reports and qualify for the financing you need
and deserve.
Discover
how to use credit wisely and how to stop accidentally
damaging your credit!
Techniques you can utilize immediately to begin increasing
your credit scores.
Find out how to receive your credit reports free from each
of the three bureaus. You may not need to pay for your
report or sign up for a monitoring service to get your
report for free.
Discover the dispute strategies that are guaranteed to make
the credit bureaus take notice. You CAN get your credit
report corrected, by yourself, quicker than you might think!
Click
here for more info
|
Your Guide On Choosing a Credit Card To Suit You
Reach into your wallet or purse, pull out a card, swipe, and youre done. It is very easy to use a credit card. The problem lies in choosing a card and it has nothing to do with the picture on the front! Choosing a credit card that works best for you is vital to your credit rating. If you choos …
Click here to read
whole article
|
Free Credit Report : Link with us : Credit Score Home
What Does Your Credit Score Tell You?
When you apply for a loan or a mortgage, the first thing the lender does is to check your credit score. Based on your credit score, the lender decides the amount of finance you are eligible for and the interest rate at which you will be charged. So what is this credit score and how does it influence your capacity to take fresh credit?
Your credit score is a number that reflects on the likelihood at which you will pay back a loan. Credit scores generally range between 300 and 800. In general, a score of above 620 is needed to avail of a loan at lower costs. If you have a low credit score, it would indicate high risk and would make it difficult for you to obtain fresh credit at reasonable costs.
So what goes into the calculation of your credit score? Credit scores do not take into consideration your income or how much savings you have. Instead, your credit score is primarily influenced by your current debt level, your credit history and how many times your credit report is pulled up by various agencies.
- A high debt level would lower your scores considerably as it means that you are already financially burdened with many loans and would not have the capacity to take on fresh credit.
- Your credit history would take into consideration your track record at paying past and present dues. Timely payment of such dues would ensure a higher credit score as compared with late payments.
- The more frequently your credit report is pulled up by various agencies, more the points docked off your credit score. However, your checking of your own credit report will not affect your credit score as you are entitled to doing so.
To ensure you maintain a decent credit score it’s most important that you pay all your bills in a timely and consistent manner and also that you not take more debt than you can handle. If you’re able to do that, your credit score shouldn’t be able to trouble you too much in life. Take care and be wise with your finances.
Sameer S Panjwani – Credit Score Homes For Sale / Credit Score Homes For Rent – Real Estate Listings …
Author: Sameer Panjwani
|
