Credit Scores

4 Ways To Boost Your Credit Rating

April 25, 2011

Because of the way credit ratings are calculated, some actions you take will affect your credit rating better than other people. In general, paying your bills promptly and meeting your monetary responsibilities may boost your rating the most. Owing an acceptable amount of money or being able to repay it will show lenders that you [...]

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Credit Scores For Free

April 15, 2011

For a long time now, consumers have been able to get a free copy of their own credit report one time each year from each of the three main credit reporting agencies, TransUnion, Experion and Equifax. And that has led some consumers to mistakenly believe that they are also entitled to a free credit score. [...]

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How Important Is Your Credit Score?

February 7, 2011

Well it is not nearly as important as the banks, the lenders, the credit bureaus, the entire system will have you believe. Of course, a high credit score can get you lower rates and better terms when you borrow money. A good credit score will also enable you to borrow money if you need to. [...]

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How Low Can It Go

January 31, 2011

Well the perfect credit score is 850 but it seems that the worst possible credit score is only 300. Even so, apparently it is rather difficult to get a 300, you have to hit bottom in every single category and then probably go back and do it again. However, it is highly doubtful that many [...]

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My Credit Score and Report

January 17, 2011

The beginning of a new year is a good time to evaluate your credit score, your credit report and your finances in general. You can receive a free copy of your credit report to check for errors and mistakes and to see how you’re doing. Go to annualcreditreport.com Now you can also receive a free [...]

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Improve Your Finances And Increase Your Credit Score

November 25, 2010

The current economy has caused millions of people to struggle with bad credit. However, there are some valuable steps that you can take to improve your credit report, increase your credit scores and get back in a good financial place. If you look at your credit report you will see a history of how you [...]

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Improve Your Credit Scores With Credit Repair Strategies

November 24, 2010

There are steps that you can take that can remarkably improve your credit and even if you have relatively good credit you can take some strategic steps in credit repair and increase your credit scores. When you have high credit scores you are able to qualify for credit and you are typically given the best [...]

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Hoping For Changes To FICO

November 22, 2010

What happens when the bank reduces your line of credit due to no fault of your own? Well, you would think that it would be fair if it didn’t affect you. After all, if you have been timely with your payments and you have kept your balance low and the bank just arbitrarily came along [...]

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Credit Score Components and Mythologies

November 9, 2010

So if you pay all of your bills on time, you’ll have a great credit score, right? Well, not exactly. However, you do need to pay all of your bills on time. But that will only account for 35% of your score. The other 65% is still up for grabs. One thing to be sure [...]

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Does Race Impact Credit Scores?

September 27, 2010

Does race impact credit scores? Well, it is not supposed to. Credit scores are supposed to be entirely based upon your history without any reference to your race, where you live, where you work, or any other essentially irrelevant data, such as your shoe size and the name of your cats. But recently, credit reports [...]

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