Credit Questions & Answers
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Most Recent Questions & Answers in Credit Score

  • Where do credit scores come from?

    by Derek Brown

    Credit scores are generally calculated by the three credit reporting agencies. These three agencies work in tandem with banks, credit card companies and other lenders to gather information. Once every month have to submit the details of all unpaid accounts and due bill to these credit reporting agencies. These agencies … (more) October 26, 2009

  • Why to mount your credit score and stay there?

    by Derek Brown

    Numerous people are in debts nowadays. In reality many people are sunk in debt for various reasons. The inopportune nature of the economy is immensely responsible for the condition of most of the people. It is really hard to meet both ends in a slothful economy. Numerous people actually do … (more) October 23, 2009

  • How to improve credit score?

    by Derek Brown

    The very first thing that a consumer needs to perform to improve the credit score is to search for the information that the credit bureaus have in a consumer’s account. Once the consumer has all details, one can make a program on the ways to raise the score. One of … (more) October 19, 2009

  • What are the factors influencing credit score?

    by Derek Brown

    Factors on the credit report which are utilized to know the credit score are categorized into 5 parts including: Amounts owed having a weight age of 35 percent New credit with 10 percent weight Credit history length possessing the 15 percent weight age Payment history with 35 percent weight … (more) October 19, 2009

  • What to know about credit scores?

    by Derek Brown

    There are a large number of misconceptions and notions about the credit scores. There are people who think that they do not have the credit score and there are many who believe that their score really doesn’t matter. These types of misconceptions may hurt the consumer at good rates of … (more) October 19, 2009

  • How to tackle past due accounts?

    by Derek Brown

    Bad credit history will eat up a large part of your credit score and it will hamper your chances of getting credit in future. You should take care of your previous payments and should repay them as soon as possible. October 13, 2009

  • How to improve your credit scores?

    by Derek Brown

    You are the best professional to improve upon your credit scores. They are not fixed and if chalk out a good plan, you may see that you can improve your credit scores in a short span of time. For that you have to follow your credit report regularly and keep … (more) October 2, 2009

  • How can credit scores affect you?

    by Derek Brown

    Low credit scores would not only hamper your chances of getting home or car loans but also will make loans expensive if you manage to get one. People with low credit scores are considered as risky borrowers by lenders and so they rent out loans at higher rates and you … (more) October 2, 2009

  • What is the importance of credit scores?

    by Derek Brown

    The three-digit number is the most valuable number that check how much amount you pay for your credit, insurance and other necessities of life. It used to be kept hidden from customers but nowadays it is being used by lenders and creditors to check the worthiness of a borrower. The … (more) October 2, 2009

  • What are credit scores?

    by Derek Brown

    Whether you want to buy a house, car or avail student loan, it all depends on your credit scores. It is the valuable three digit number that would determine whether you are worthy of availing loans. Credit scores depend on your credit report. You credit history will give out a … (more) October 2, 2009