How to Fix your Credit Score and Qualify for a Home Loan One might be wondering why some lenders turn down a mortgage application while some others might consider it fit for approval. The answer may well lie in the credit report and the credit score to be precise which
You were sure that you would get the loan that you applied for, but to your surprise, a bank turned down the loan. The bank explained to you that you have bad credit and they consider your subprime. What, you may ask is subprime? Sub prime means that you have
Insurance Credit Scoring: An Ethical Issue Credit scoring is a method of determining the likelihood that credit users will pay their bills. Fair, Isaac began its work with credit scoring in the late 1950s and, since then, scoring has become widely accepted by lenders as a reliable means of credit
Your credit rating is something you shouldn’t take for granted. If left to spin out of control, it can cause serious repercussions that will follow you throughout your life. If your credit isn’t the best or could use improvement, here are a few ways how you can improve your credit
Is Your Credit Report Costing You Money? Everyone needs to take advantage of the new Federal Free Annual Credit report program, and every one means you! Why? Because the odds are about 4 to 1 against your credit report being accurate at all 3 bureaus. That’s one of the things
Credit scores are the financial measurement to determine your financial creditworthiness. Lenders like banks and credit card companies use these credit scores to know your financial ability. This is important to maintain your good credit scores. Let review the 3 top credit mistakes which you may make and harm your
Understanding Credit Repair Building Before we begin to give you information on credit repair building, take a moment to think about how much you already know. This article should help give you more knowledge on building credit repair. Building credit is more imperative now than it has ever been. If
Taking Steps To Repair Bad Credit Repairing your bad credit is never easy, but there are solutions that can help you get out of debt. Everyone has bills and sometimes bills can get out of control. Because paying your bills is an ongoing process, the best possible solution when you
Credit is an essential tool in most people’s lives. An excellent credit rating allows for many things that we take for granted: having a credit card, being able to rent property, qualifying for in-store financing, etc. . . If you fail to make payments towards a creditor, this will affect
Credit cards, as part of the financial industry, use a massive array of jargon. You can?t be expected to recognize all these technical terms, and some of them are quite important ? so here?s a quick guide, in alphabetical order. Affinity card. This is a credit card that gives a
