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- What is a credit report - Tell me what's on it By:-The Credit Consultant
Your credit report is a snapshot of your payment history. It details when you applied for credit, how many positive and negative accounts you have, who viewed your credit report, and all of your personal information. Reviewing your credit report every four to six months gives you a chance to check for identity theft, inaccurate accounts, and incorrect information.
- The Five Things About You That Contribute To Your Credit Score By:-Abraham Ciwolski
Banks and other businesses use a person's credit score to decide on personally significant information such as credit amounts, and interest rates on loans; therefore, your score, between 300-850 is very important. Your FICO (Fair Isaac Company) credit score is the one utilized by 90% of financial institutions, and is considered to be the most important credit score. The closer your FICO credit score is to 850 the better.
- Credit Monitoring Services By:-Lawarance Knutterson
A credit monitoring service is an annual membership service. This service typically gives you immediate access to your credit report from one or all 3 major credit bureaus. You will also receive access to your credit score. This could be the credit bureaus own score or possibly your FICO score. You may want to opt for a service that provides access to your FICO score. This is the score most lenders will use to determine whether to approve your application for a loan or credit card.
- Do You Need To Get Out Of Debt This Year? By:-Danial Swanzon
The credit system can be compared to a strict parent. It is not there simply to make life easy for you. It is there to reward you for good behavior and punish you for bad behavior. The credit system is extremely beneficial for the individuals who manage to keep up with monthly payments on time.
- Free Annual Credit Report - 3 Reasons to Get One By:-Scott Lovingood
Learning to manage your credit rating and credit reports is a critical part of building wealth in your life. It used to be filled with mystery and was difficult to get a copy of your credit report before being denied. The US Government passed a law that requires the credit bureaus to provide you with a free copy of your credit history every year. Find out three reasons you want to get it and review it.
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