When was the last time you checked your credit score? Maybe it doesn’t seem that important, BUT you could be surprised. There are various reasons that can make your credit score drop and you wouldn’t even be aware of them. Don’t let it come to that. Let’s look at a few possible reasons your credit score can drop noticeably.
Read MoreIf your score check is within the 700 range, you are in outstanding credit shape. But if that’s not the case, and you don’t have the highest possible credit score, how do you raise your credit score from poor or good -- to great? Keeping read this article will help you on your road to achieving the highest possible credit score.
Read MoreCelebrate because there’s no magic formula nor do you have to be wealthy to achieve an 850. You do need a job or regular income from a business of at least the US median salary of $70,000. You also have to make all of your payments on time. You should use as little of your credit as truly needed.
Read MoreWhen you get married, you leave your homes and come and live together as one. The two of you will share your home, last name, and bank accounts.
How does this affect your credit score? Even if your spouse can impact your credit score once you are married, it does not happen automatically. Also, even if you share your last names, it will not affect your credit score since it is only attached to your social security number.
Read MoreMost lenders require you to have a certain credit score if you want to obtain their product. And in some cases, lenders can help you boost your credit score to meet their criteria.
Furthermore, the boosted credit score can allow you to access more reasonable interest rates. Rapid rescoring can help you if you're in this situation. The following is some information on the process and how it can help you.
Read MoreAs you probably know, your credit score is one of the most crucial elements to your survival in the world. That one three-digit number can be the deciding point between whether you get a new home or not. It could make a difference in whether a prospective employer hires you, or it can stop you from moving into an area you want to live in. A lot of people have questions about credit and credit scores. We've gathered 20 of the most common questions and myths about credit, and we've answered them for you. Go through the list and see if you can find the answer to some of the questions you had about credit.
Read MoreBelieve it or not, everyone should have a credit score; even if it is as low as 300. It does not matter the state of someone’s credit or if they are in a bad situation or not. Those who don’t show a FICO score have not built up their credit standing yet. ‘No credit score’ is detrimental to your credit worthiness and financial standing Let us take a look at the reasons why and find out what would happen, if your credit score shows little or no activity.
Read MoreYou've probably heard something about refinancing at some point during your journey with credit. Refinancing is something that can be beneficial to you if you do it the right way. You'll have to have patience and perseverance when you choose to refinance, and you also have to go to the right people for help. The following is some information about the process of refinancing, how it can benefit you, and what to expect.
The piece will answer the question, "How does refinancing affect your credit score?" as well as many other questions that you might have about the process. Our goal is to help you understand so that you'll know if it's the right thing for you to do by the time you finish reading this article.
Read MoreA credit score is a measurement of how reliable you are with the funds that the lenders entrust you with. The score is a clear-cut number on which many lenders base their decisions. The credit report is a lengthy and detailed version of the score. It tells a story about your spending habits and whether you make your payments on time. It tells lenders if they should consider you as a low or high risk, as well.
Read MoreAccording to Abraham Lincoln, "not everything you read on the Internet is true." This common meme is really silly, but it makes a good point. Here we will discuss 15 credit score myths that you may have heard. There are many credit score myths circulating, but we will just go over some of the most common credit score myths here. Below are 15 credit score myths that you have probably heard before, as well as the truth that you may not have heard before.
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