|
|
 |
| Checking Your Credit Rating
|
|
You may obtain a copy of your credit report free once every year. A good idea to do this as you will be informed of what your credit standing is as well as be able to check for any discrepancies.
|
| Posted on: 09/06/2005 | 3 Feedback(s) |
 |
|
| The "Secret" Fourth Credit Bureau
|
|
By Tim Covell
|
|
A fourth major credit bureau, Innovis/CBC, sometimes called the "secret credit bureau," has emerged. No longer is it enough for consumers to monitor their credit files with the "big three" credit bureaus, Equifax, Experian and TransUnion. Now consumers have to deal with Innovis/CBC, and dealing with them is not easy. Innovis/CBC is hard to find and consumers report Innovis/CBC is reluctant to provide information from its files.
|
| Posted on: 03/15/2005 | 4 Feedback(s) |
|
|
| Ruin My Credit
|
|
By Gary Foreman
|
|
I am not a financial whiz. Never was and never will be. Therefore, I respect the advice of those who seem to be knowledgeable about financial matters. However, when it comes to knowing what is in your credit report, I have one question -- who cares? I am 54 years old, have purchased several vehicles, two houses and can write checks anywhere in the town I live or the surrounding smaller towns without any hassle.
|
| Posted on: 12/15/2004 | 0 Feedback(s) |
|
|
| How Credit is Really Determined...
|
|
By Shelly Lambert
|
|
Most of us think that credit is determined by how we make our payments. And to a degree that's true, however, only 35% of our Credit FICO score is determined by how we make our payments. 30% of your score comes from how much debt you have, 15% from the age of your credit, 10% based on the establishment of new credit, and 10% is based on having a mix of credit with Credit Cards, Installment loans, and a Mortgage. An inquiry can lower your score by 5 points. Multiple inquiries within a 14-day period count as only 1 and inquiries within the 30 days prior to the scoring do not count at all.
|
| Posted on: 12/15/2004 | 0 Feedback(s) |
|
|
| Use Your Free Credit Report To Check Your Financial Health
|
|
By James H. Dimmitt
|
|
As of Thursday, December 1, 2004, one-third of Americans can now
access their credit reports from all three main credit agencies for
free. Passed in late 2003, the Fair & Accurate Credit Transactions
Act creates a central source consumers can use to obtain a free annual
credit report.
|
| Posted on: 12/13/2004 | 0 Feedback(s) |
|
|
| How to Repair Your Credit History and Improve Your Credit Score
|
|
By Michelle Simms
|
|
If you're thinking of buying or refinancing a home, make sure you repair your credit history before you apply for financing. Doing so, can speed up the loan approval process, plus lower your loan fees.
|
| Posted on: 11/16/2004 | 0 Feedback(s) |
|
|
| Credit Reports - Quick Facts
|
|
You have a right to receive one free copy of your credit report from each credit bureau each year.
|
| Posted on: 09/19/2004 | 2 Feedback(s) |
|
|
| How To Boost Your Credit Score
|
|
By James H. Dimmitt
|
|
Years ago your credit score was a big secret, known only to a select
few such as your mortgage and credit card companies. In 2000, Fair, Isaac Co., the major supplier of credit scoring software, announced they would begin sharing credit scores, also known as FICO scores, with consumers.
|
| Posted on: 09/16/2004 | 0 Feedback(s) |
|
|
| 10 Credit Myths
|
|
By Scott Bilker
|
|
As they say, "Knowledge is power." Many times people either act on false information or fail to act because they didn't know what could be done to their benefit. This is the case in many areas of life, but on the top of that list is money. And in the money category you will find lots of misinformation about credit.
|
| Posted on: 07/06/2004 | 0 Feedback(s) |
|
|
| What is Better? Fewer Cards with Higher Balances, or Many Cards with Smaller Balances?
|
|
By Scott Bilker
|
Scott,
My husband and I are preparing to buy a new home. We want to clean up our credit card accounts to better our chances for a mortgage. We were considering paying off our credit cards with smaller balances using other credit cards. What is better when your credit is being considered for a home loan--fewer credit cards with higher balances or more credit cards with smaller balances? The cards we are planning to pay off we are going to have closed so there are fewer credit accounts opened. Is that a smart move?
--Christina
|
| Posted on: 06/21/2004 | 3 Feedback(s) |
|
|
|
|
