You’ve ordered a copy of your credit report and you’ve found several late payments listed under your credit history. These late payments will certainly pull down your credit score. As a result, you may find it difficult to get approved when applying for loans or credit cards.
The most widely used system in calculating individual credit score is the FICO scoring model, which was created by the Fair Isaac Corporation. The FICO score ranges from a low of 300 to a perfect score of 850.
Many of us only check our credit reports once a year. We wait a full year before we ask for a copy of your free credit report from annualcreditreport.com. But with all the security breaches and ways that Id thieves have to get your information. Waiting for your annual credit report isn’t the wisest thing..
In this article, we will share with you several ways that you can repair your credit history, even if you have an extremely poor credit standing. If you would like to see a substantial improvement in your credit history, then these bad credit repair tips and suggestions can help you improve your bad credit standing.
People are aware that credit card fraud and identity theft exist. Surprisingly, thousands of people from all walks of life still get victimized by crimes related to ID theft each year. The Federal Trade Commission has issued a public warning against individuals, groups and agencies who may disguise themselves as legitimate financial resource when in fact, they are syndicated identity thieves.
This article tackles important information that you need to know about your personal credit report. Check out the following questions and answers before ordering a copy of your report: Is it free to order a copy of your credit report? The Fair Credit Reporting Act of 2003 gives all consumers the privilege to get one..
Owning a credit card is common now. But do you really have to use credit cards? There are benefits to having the ability to charge large purchases on credit and pay them off over time. But credit cards also come with a long list of negatives. Take these positives and negatives into account. Pros –..