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Mortgage Professor about credit issues: | |||||||||||||||||||||||
Credit Reports and Credit Scores
November 24, 2004 What Is a Credit Report? A credit report is a report from a credit bureau containing detailed information bearing on credit-worthiness, including the individual's credit history. A typical credit report includes the following: Personal information. ... more... Are Authorized Users at Risk? January 6, 2003, revised April 23, 2003 "In applying for a mortgage recently, I found that the interest rate quoted was for someone with poor credit, which surprised me. I have never missed a payment on a mortgage, credit card or other debt in my life. My credit report, however, shows ... more... |
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credit issues related definitions |
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Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more... Equal Credit Oportunity Act Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more... |
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More about credit issues Motorcycle Loans For Military With Bad Credit Guide to Unsecured Loans Poor Credit Home Mortgage Loans Branding Guru - Brand Identity Guru Which Credit Card? Atlanta Mortgage Brokers The Advantages of Credit Cards A Quick Guide to Unsecured Loans Secured Vs. Unsecured Credit Cards What's The Difference? Start Building Credit Fast!
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