List/Grid Tag Archives: credit scoring

Demystifying Four Credit Myths

There are many myths when it comes to your credit score and credit report. These myths will probably always float around in space somewhere, but if you are reading today’s post and read my blog, then hopefully we can demystify these credit score and credit report myths and make everyone just a little bit smarter today. Below are four common credit score and credit report myths that you may have heard of and even fallen for: 1. Does your job affect your credit? Your job and your income have absolutely no effect on your credit score. In fact, ...
Read more »

Six Biggest Credit Mistakes

The current economy has wreaked havoc on many people. Many people, even those who previously had stellar credit, have seen their credit scores plunge and they are still suffering the effects of bad times with bad credit. But there is hope. There are some things you can do to repair your credit. But first there are a few things that you should never do. In no particular order but numbered for efficiency sake below are some of the six worst mistakes. 1. Biggest Credit Mistake – Canceling your credit cards. It may seem counter-intuitive and if ...
Read more »

Three Unexpected Benefits Of Credit Repair

Most folks realize how crucial it is to have a clean credit report and a high credit score when they try to get a loan for a house or an automobile. Lenders take the credit information very seriously and they can charge a higher interest rate or even deny credit altogether based on the information from the credit report and credit score. But there are also a few things that most people are not even aware of concerning credit scores and credit reports. Negative credit can have an effect on many things that you may not even be aware of. Your credit ...
Read more »

Credit Score Components and Mythologies

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. If you are interested in credit repair, there are professionals out there who will work towards improving your credit so that you can get approved for loans, receive lower interest rates (and save thousands of dollars), and more. will help you create a game plan to improve your credit ...
Read more »

Improve Your Credit Scores With Credit Repair Strategies

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 terms and lowest interest rates also. Credit repair is a process of maximizing your credit strengths in order to get the highest credit scores. You can dispute inaccurate or erroneous information and get it removed from your credit report and there ...
Read more »

Repair Your Credit And Increase Your Credit Score

A credit score can turn out to be one of the most important numbers in your life, at least your financial life. A credit score is a numerical representation of your creditworthiness. It is based upon all of your past credit history, your current credit status and other factors that are contained on your credit report. You can repair your credit by increasing your credit score. Within the United States the most commonly used credit scoring system is the FICO score. FICO stands for the Fair Isaac Corporation, which is a publicly held company. There ...
Read more »

What Do You Know About Credit Scores?

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 Federation of America (CFA) and VantageScore solutions revealed that when it comes to credit many American’s are misinformed. On a 22-question credit score quiz the consumers only scored an average ...
Read more »

Repair Your Credit By Increasing Your Credit Scores

A credit score is a statistical analysis that is used to determine creditworthiness. It takes into consideration all of the information on a credit report including both positive and negative information and the amount of credit available compared to the amount of credit used and all open accounts. You can take steps to repair your credit and thereby increase your credit scores and improve your credit standings. The most commonly used and widely recognized credit scoring system in the United States is the FICO score, which was developed by the Fair ...
Read more »

Top of Page

Copyright © 2009 to 2020 by 724Credit. All rights reserved.