Credit Score Archive for February, 2010

• Low Credit Scores Now Hurting Employment Opportunities

  by Sally Maison
  

  At the moment, the unemployment rate in the country is way beyond reasonable and analysts say it is going to stay that way for a while now. A lot of American consumers are now looking for work and, unfortunately finding jobs has not been easy for them so far. Americans with credit score and financial problems who are looking for a job right now may have to count on another headache that is sure to put a crimp on their … (more) February 27, 2010

• Choosing the Best Way Out of Your Bad Credit History

  by Brian Anderson

  We know how hard times strike out of the blue. We have been survivors of the economic turmoil these past years and many Americans are without any jobs as of the moment. And to make things worse, we are tied to our housing mortgages and car loans that have to be paid from time to time without fail.  Do you need a credit score advice? If you are already piling up on debt, what should we do about it? Will … (more) February 25, 2010

• How Improving Credit Scores Can Secure You

  by George Hauser

  Every single day, people use the right of credit to avail of products and services that cannot be given due to unavailability of money at the moment. Credit can help you get these and pay them later to the lender, of course with interest rates for the service. However, debt has also been the leading problem of people as it becomes the source of stress due to mismanagement. Thus the need for credit score tips that can guide you through … (more) February 22, 2010

• Credit Score Repair Much Easier With Secured Credit Cards

  by Sally Maison
  

  A lot of American consumers got their credit scores trimmed down during the economic crisis of the past two years. With their credit scores down, these consumers are going to have a hard time getting loans and applying for credit cards. There are even some people who suggest that people with low credit scores are going to have trouble getting a job. Rebuilding a ruined credit score can be a tough job. One thing that can make that much more … (more) February 21, 2010

• On Credit Scores And Mortgages

  by Sally Maison
  

  For consumers looking to buy themselves a home, getting a mortgage is usually the quickest and most convenient way to do it. However, with the economy the way it is at the moment, a lot hangs on how good a credit score the consumer has when he or she is applying for a mortgage. Credit scores, the most popular of which are the FICO credit scores, are a measure of how good of a borrower a consumer is. The score … (more) February 18, 2010

• Is Divorce and Credit Repair in Anyway Related?

  by Brian Anderson

  Apparently, divorce and credit repair exist in entirely two different worlds. While there are obvious differences, there are some subtle similarities that connect the two in very interesting ways.  Getting a divorce and a credit repair are not necessarily settled within the court room. Both situations also does not entail that you get yourself a lawyer or any type of professional for that matter. But that is only an ideal situation. Nowadays, most people undergoing a divorce or getting a … (more) February 18, 2010

• Credit Scores, Safety and Tips

  by George Hauser

  What is all the commotion about credit scores? Three numbers called FICO scores calculated by credit bureaus can be a pain in the head at times. However difficult is finding time to understand this, you must, for it concerns a rewarding experience in the end. Credit score tips say that these scores ascertain the risk levels of an individual as to how one may be able to handle credit. Taken on another side, scores determine the credit worthiness of people. … (more) February 15, 2010

• Lenders Now Looking For Higher Credit Scores

  by Sally Maison
  

  It has been going around in the news that consumers are moving away from credit cards and going to debit cards. A lot is being said about the new, more savings-focused and less credit-hungry spending habits of American consumers. That sounds good but there may be another equally weighty factor in the trend. It may be that consumers are just moving away from credit and finding other means to get a hold of convenient spending options – such as debit … (more) February 13, 2010

• The Risks Of Identity Fraud With FICO Credit Scores

  by Sally Maison
  

  The threat of identity theft nowadays is quite considerable and consumers are well aware of it. What is even more worrisome is that a few of the most exposed identity theft avenues are connected to the finances of consumers such as credit cards, online bank information and now, FICO scores. Recently, a consumer received a letter from myFICO regarding a case of identity fraud. MyFICO is a division of FICO, the company that generates the well known and widely used … (more) February 11, 2010

• Following Francis Bacon’s in Settling your Credit Report

  by Brian Anderson

  We all heard of the cliché, “knowledge is power.” Many intellectuals advocated access to knowledge as a means of minimizing differences in the society. And even in Former President John F. Kennedy’s speech, a paraphrase of Francis Bacon was part saying “In a time of turbulence and change… knowledge is power.”  How can this be applied to settling credit? We know how being in debt promotes social turmoil not only within the person per se but also everyone who is … (more) February 11, 2010