What is credit scores - Repair Credit Rating There Is No Quick Fix



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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...

Lessening the Impact of Bankruptcy on Your Credit
June 18, 2001, Revised November 22, 2004 To the genie who generates credit scores, all bankruptcies (and all foreclosures) have the same statistically-determined impact on credit scores. The genie never asks why a borrower went into bankruptcy or foreclosure. Some ... more...

credit scores related definitions

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...

More about credit scores

Get Free credit scores Quotes and Estimates
Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Repair Credit Rating There Is No Quick Fix
Trying to repair credit rating scores is not something you can do overnight. Neither is it something that someone else can do for you. There are ways to help you repair credit ratings, but you really do have to want to improve your rating to an acceptable level.If you have been denied credit, ... more...

5 Steps To A Better Motorcycle Loan With A Better Credit Score
It is common knowledge that motorcycle lenders base high importance on your FICO credit scores when approving motorcycle loans. However, what many people overlook is that their FICO credit score can highly impact the term on their motorcycle loan along with the interest rate that is assigned to ... more...

Build Credit: Build Credit Score Tips to Improve
When it comes to building credit, build is the word of focus. In my mind, there are two types of credit scores, each with its own separate techniques for improving your credit. No matter where you may fall, I hope you take something from this article.Everyone knows it takes credit to build credit. ... more...

Re-Mortgages Theres Help For Bad Credit Ratings On The Way
As any report on the subject will reveal, million of UK consumer are staggering through life under the weight of poor credit scores as a result of County Court Judgements being issued against them.Of even greater concern is the fact that many dont even realise theyre in a bad credit spiral until ... more...

Top 5 Credit Misconceptions
We have all heard the rumorsfrom neighbors, relatives or friends. There are a wide variety of myths floating around about what you should and shouldn't do to improve your credit reports and credit scores. The buck stops here! Phelps Creek Financial Coaching has exposed these urban legends to ... more...

The ABCs of Bad Credit Lending
What is a Bad Credit Lender Anyways?A Bad Credit Lender is any money lender that specializes in difficult to fund loans. These might include money loans to borrowers with poor credit, low FICO scores and little to no assets/equity. Individuals with bad credit may find it difficult, if not ... more...

What Makes a Credit Score Rise or Fall?
OUR financial decisions can affect your credit score in surprising ways. Two credit-scoring simulators can help consumers understand the potential impact.The Fair Isaac Corporation, which puts out the industry-standard FICO scores, offers the myFICO simulator. A consumer with a score of 707 ... more...

2nd Mortgage Loan after Bankruptcy - Understanding the Basics
Getting a 2nd mortgage loan or home equity loan after a bankruptcy is workable. However, loan applicants should be aware of certain disadvantages to bad credit loans. A bankruptcy is destructive to credit scores.In reality, many financial experts discourage bankruptcies. Those who file ... more...

Bad Credit Second Mortgage - How to Get Approved
Getting approved for a loan with bad credit is tricky, but not impossible. For the most part, lenders evaluate a person's credit history to determine whether they are a likely candidate for a loan. Low credit scores are indicative of several factors. A person either missed a few payments, or made ... more...

How to Improve Your Credit Score
In todays world having good credit is an absolute must. Credit is no longer for simply buying items today and paying for them later. Now, credit is used to validate who you are as a person and your worth. Credit scores are utilized daily in life. By following some simple rules, you can keep your ... more...

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