Samantha Monroe asked: People who are keen on maintaining high credit score know the importance of a credit report. Having a very detailed credit report is the first step towards ensuring your credit score remains high.Getting a detailed report from any of the bureaus may cost you some money. If you are really serious about [...]
Christopher Wright asked: Each time you apply for credit, whether for a car, credit card, or whatever, an inquiry is left on your file. This tells potential creditors who and where you have been applying for credit with. Too many inquires within a certain period of time is bad for your score. It becomes even [...]
Delia Galley asked: The Fair Credit Reporting Act (FCRA) requires each of the Nationwide Consumer Reporting organizations (Equifax, TransUnion and Experian) to provide you with one free credit report every 12 months per your request. This means that you are entitled to three free credit reports per year, if you deem it necessary. You can [...]
Adam Tijerina asked: Due to the recent credit crisis and housing collapse leading rules have changed dramatically. Despite historically low mortgage rates, most people cannot qualify for them without a really good credit score. This is why it is very important to get your free credit scores and know where you stand and know where [...]
Zach Ford asked: More than one million American citizens for good reasons check their credit through the internet every year. In order to maintain a healthy financial history it is important to be informed about your credit score. There are things that are considered when determining your credit rating and sometimes there are errors may [...]
Thomas Mathews asked: Before I reveal to you “whats a good credit score” you need to know that all 3 credit bureaus have a credit score for you and they will usually vary 10 to 40 points depending upon the number of bad credit items that are on each specific credit report.Why does each credit [...]
Hector Milla asked: Short answer, 7 years. When your home goes up on the foreclosure list, the lender then sends your information to the credit bureau to report you on your non payments. Your credit report will show details of your failure to pay your mortgage to the lender. It will read that you were [...]
Mike Clover asked: Do you want your credit score to plummet, go ahead and co-sign for someone. I personally believe this is a huge problem. With your credit score and credit report being the roadmap to financial health, the question is can you really afford to co-sign for friends and family. Over the years I [...]
Marilyn Katz asked: Do you know what a credit rating is? Furthermore, do you know what your own personal credit score is? Most people don’t think they need to worry about it. They do. Even if you don’t ever borrow money you need to be concerned. Let’s say you need to buy a new car, [...]
Rachel Altman asked: A bankruptcy can have a devastating effect on your credit score. A bankruptcy listing on your credit reports to many lenders is the only thing they need to see to determine you are completely unworthy of credit.Many people will tell you that it is impossible to remove a bankruptcy from your credit [...]