Archive for the ‘Credit Score’ Category
What is considered an Excellent Credit Rating
Thursday, December 30th, 2010
There is no doubt that the recent economic downturn has consumers more focused on their financial well being. And having an excellent credit rating can mean the difference of hundred or evens thousands dollars a year in interest payments. To understand what is considered an excellent credit rating, you need to understand or at least […]
Posted in Credit Score, FICO score | No Comments »
Achieving A 800 Plus FICO Score
Thursday, December 30th, 2010
If you want to fall in excellent credit score range, a 800 or higher FICO score will definitely get you there. But getting a 800 plus FICO score is not easy. To start off, you should should understand the FICO score calculation and this will give you a better understanding of what makes up your […]
Posted in Credit Score, FICO score | No Comments »
Will a late payment kill my credit score
Thursday, December 23rd, 2010
If you are asking the question will a late payment kill my credit score means you either just paid late or you are thinking about paying late. You payment history is the single largest portion of the FICO score calculation, making up % 35 of your score. It also is with you the longest. Your […]
Posted in Credit Score, Late Payments | No Comments »
Do creditors have to report 30 day late payment
Wednesday, December 22nd, 2010
This is a question that might be running through your mind if you just dropped the check in the mail for a payment you know will be late. It seems not fair that if the payment if just one or two days late that your creditor will report you as late. The answer to: do […]
Posted in Credit Score, FICO score, Late Payments | No Comments »
How Your Age Can Effect Your Credit Score
Tuesday, December 14th, 2010
If you wondering how your age might play a factor in your credit score, you should know that your age really has no effect on your credit. What does have an effect on your credit score is the length of your credit history. Specifically, how long have you used credit? This is one of the […]
Posted in Credit Score | No Comments »
What Credit Score Do You Need For A Mortgage
Monday, December 13th, 2010
Lets starts out by saying that you need the highest possible score you can get for a mortgage. The question wasn’t what you need to get approved it was needed for a mortgage. Why? Because you will be paying this mortgage for most of your life and the better your credit score is the less […]
Posted in Credit Score | No Comments »
what is a good debt to credit ratio percentage
Monday, December 13th, 2010
If you are trying to answer what is a good debt to credit ratio, you might be faced with two arguments. The first is that you try to carry no debt what so ever and the other is anything below 30% is where you want to be. There is no doubt that having a good debt […]
Posted in Credit Score | No Comments »
How to raise your credit score
Thursday, June 24th, 2010
Before we start, raising your credit score, you should know will take time. There are no true credit score quick fixes. You will not go to bed with a credit score below 600 and wake up with a credit score above 700. To really start working on your credit score, you should first try to […]
Tags: improve credit score, raise your credit score
Posted in Credit Score | No Comments »
Credit Score and Higher Limits
Sunday, August 30th, 2009
If you are looking for ways to boost your credit score asking for higher limits on your credit card is common advice you might here. Background on Your Credit Score First, to understand how higher limits on your credit cards could help your credit score you need to know the credit score formula. When you […]
Tags: Credit Score
Posted in Credit Score | No Comments »
Credit Score Do’s and Dont’s
Thursday, August 27th, 2009
There are so much advice out these about how to improve your credit score and what you should do to maintain it. Here is a quick list to help you know what is best for your credit score. Do: Pay your Creditors on Time This seems obvious but is a struggle for many individuals. This […]
Tags: bad credit, Credit Score, Credit Score Myths, excellent credit score, improve credit score, Late Payments, raise your credit score
Posted in Credit Score | No Comments »
Credit Score and Balances Transfers
Wednesday, August 12th, 2009
If you are in debt and chances are you have some, you might some day turn to debt consolidation to get you out of debt, more specifically credit card debt consolidation. This is one debt is moved to another card with the goal of a lower interest rate and a lower overall monthly payment. The […]
Posted in Credit Score | No Comments »
FICO Score Range
Sunday, June 21st, 2009
There are thousands of different credit score but the most widely used is your FICO score. Because there are so many check scores the credit score range can actually be different depending on the score you choose to check. For example, a Vantage Score ranges from 440 to 990. The FICO score range is from […]
Posted in Credit Score | No Comments »
Credit Score below 650
Tuesday, June 9th, 2009
To have a credit score below 650, you are making life a little more difficult for yourself and maybe a bit more expensive. The truth is a 650 is far below the good or even excellent credit score range. Some would even place it is the poor range. The reason is the high risk your […]
Posted in Credit Score | No Comments »
Credit Score Models
Tuesday, June 9th, 2009
If you were aware you have more than one credit score. If you really look there are over 1000 different credit score models. A bit strange and confusing, but here is a quick guide to explain which credit score model you should care about. You might think the phrase credit score means a specific number […]
Tags: Credit Score, credit score range, credit score scale, FICO score, FICO score range
Posted in Credit Score, FICO score | No Comments »
Credit Score Below 700
Sunday, June 7th, 2009
Today getting a loan is tougher than ever, which makes having a good or excellent credit score one of the best things you can do for your financial health. If you have a credit score below 700, you definitely need to try to improve your score. Why is having a credit score below 700 less […]
Posted in Credit Score | No Comments »
5 Steps to Rebuild Credit
Sunday, June 7th, 2009
If you are trying to find the path to redemption with your finances rebuilding credit should be included on your list of things to do. There are simple practices you can do on a daily basis to help you on your way to rebuilding credit and you should start by understanding the FICO score calculation […]
Posted in Credit Score | 1 Comment »
3 Steps on how to get a good credit score
Saturday, June 6th, 2009
Many people today are finding a good credit score is becoming more and more important. That leaves them wondering how to get a good credit score? Here is a little and basic list to help answer this question Step 1 on how to get a good credit score: Pay your bills on time Since the […]
Tags: Credit Score, good credit score
Posted in Credit Score | No Comments »
Credit Score Improvement Tips
Friday, June 5th, 2009
Trying to improve your credit score is no easy task. Individuals usually start by looking for a easy and quick way to do so, but find there really isn’t. There are many credit score improvement tips out there, but here is a short condensed list Credit Score Improvement Tip One: Focus on Your Payment History […]
Tags: Credit Score, improve credit score
Posted in Credit Score | No Comments »
How to dispute a credit report error
Friday, June 5th, 2009
One of the best ways to improve your credit score or get on a path to an excellent credit score is to clean up your credit report. Your credit score is completely based on the information found on it and having incorrect info could be hurting your score. The first step on how to dispute […]
Tags: Credit Score, credit score range, credit score scale
Posted in Credit Score, FICO score | No Comments »
The Good Credit Score Range
Thursday, June 4th, 2009
Getting a loan could be the toughest in years. The credit crunch has really made the lending restrictions tight and only those individuals that fall in the good credit score range will get approved. What is a Credit Score Range? Consumers that have scores which are close to one another often get put into pools […]
Tags: Credit Crunch, Credit Score, credit score range
Posted in Credit Score, FICO score | No Comments »