Discover the Parts of a Credit Report and What They Mean
So you ordered a copy of your credit report to check for inaccuracies and get the most from your credit score. Now how do you read it? Your credit report is read and used by any number of people you deal with on a daily basis, from your landlord to your employer to a potential lender. Fortunately, ... more...

How to Evaluate and Raise Your Credit Score
Why do some people get offers for pre-approved credit cards and others dont? What do car dealers know about your financial health that you dont know? The answer is your credit score.Your credit score is a number generated by a mathematical formula to estimate how likely you are to pay your bills. ... more...

What is Your Credit Report?
Credit Report how often has it impacted your life? Probably more often than you really like. If you have ever applied for a new home loan, car loan, or a credit card, your credit report has been pulled by the lender for review. Depending on your credit report and the credit score the information ... more...

Bill Consolidation Company Basics
Bill consolidation companies handle payments for your accounts and lower your rates. They can also negotiate waivers for late payment fees. Before signing up with a company, you will want to compare rates and terms. You also need to monitor your payment statements to be sure there are not errors ... more...

Free Credit Reports Now Available From the FTC
The Federal Trade Commission (FTC) has set up a new website (www.AnnualCreditReport.com) where US residents can obtain free copies of their credit reports from the three major credit report bureaus (Equifax, TransUnion and Experian). The FTC site was set up as part of the Fair and Accurate Credit ... more...

Credit Reports Errors Can Be Costly
In todays society, we cant function without credit. We need it to pay bills, borrow money, and to buy our homes and cars. A luxury of the current age is that credit is often granted easily and quickly, a result of years of automation and refining of record keeping. The glue that holds it all ... more...

How To Get A Credit Card No Matter How Bad Your Credit Rating
Your credit is bad. Perhaps you have a string of unpaid bills haunting your past. Maybe you declared bankruptcy within the past 10 years, or defaulted on a student loan.All of the above can block your access to obtaining a major credit card, such as VISA or Mastercard.But bad credit is not the ... more...

Understanding The Different Types Of FICO Credit Scores
Before credit scores were developed, lenders use to physically look over each applicants credit report and credit history to determine whether or not to extend credit. This process was highly time consuming and sometimes resulted in large human errors.As a result, Fair Isaac created the credit ... more...

Ten Steps To Building A Good Credit History
Are you thinking of buying a house? Do you want to buy a new car to replace that old wreck? Trying to get insurance on you home, auto, or life? In each of these situations, whats on your credit report will determine if you can get a loan or insurance and what rates youll have to pay.If youre trying ... more...

What Is a FICO Score and How Do I Make It Work for Me?
Whether or not you receive a loan and what interest rate you get on your credit card may be determined by something called a FICO score. Named for Fair, Isaac & Co., a California-based company that developed the credit score, the FICO score is the most widely used scoring method to determine credit ... more...

What is Credit Repair and How Can It Help You?
There are millions of consumer credit reports on file from mainly three major reporting bureaus which include Trans Union, Experian, and Equifax. These credit gathering agencies store huge amounts of data about every person that takes out a loan, credit card, or any other line of credit. ... more...