credit score

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. [...]

Read the full article →

Mortgages, Credit and Financial Responsibility

March 25, 2011

There are a lot of valid reasons for avoiding credit. However, there are also some reasons you should have credit. Many mortgage companies are now requiring 3 open lines of credit along with a good down payment and a 750 plus credit score in order to qualify for a new mortgage to purchase a home. [...]

Read the full article →

What Do You Know About Credit Scores?

March 10, 2011

While it seems that the majority of American’s are familiar enough with credit scores to realize how important they can be for their financial lives many still have confusion about the different aspects of credit scores. From a new article on CreditCardGuide the information obtained from a recent survey jointly released survey by the Consumer [...]

Read the full article →

Demystifying Credit Myths

March 4, 2011

Your job and your income have absolutely no effect on your credit score. In fact, you could have an almost perfect credit score with no job, no income or reliable source of income provided you were able to always make your payments on time (yeah, you might have to be independently wealthy or something to [...]

Read the full article →

CARD Act Deemed A Success

February 25, 2011

It’s been a full year since the complete implementation of the CARD act and so far it looks as if it has been a success. Even though the past year has brought on tighter credit availability and a rise in interest rates these have been attributed to economic downturns and not the CARD act. The [...]

Read the full article →

The Most Important Financial Numbers

February 15, 2011

There are some pretty vocal financial voices out there saying that your credit score is the most important number of your financial life. (Suze Orman for one). And depending upon your own circumstances it may be. If you are unable to purchase a car unless you finance it, it may be important for you to [...]

Read the full article →

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. [...]

Read the full article →

After Bankruptcy

February 1, 2011

So after you finally got to the point where you couldn’t do it anymore and you decided that you had to file bankruptcy, what happens? Well, if you file Chapter 13 you will, of course, still be paying back your debt at reduced rates. But you may still have most of your assets. If you [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

← Previous Entries