When a potential creditor pulls your credit report, they will learn your employment, address, and credit history. Details about credit history are their primary concern. For this matter, it is important to maintain a good payment history with creditors. This will likely result in a better credit score, which affords better financing options. If...
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Now that you have obtained your credit report, the first thing you need to do is read through it and understand what it all means. Don’t feel bad if you don’t understand what the credit report is saying to you. Most credit reports are coded because it allows shorter time for the computer to...
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Your credit report contains a list of every member creditor who has lent you money or provided you with credit in any way. It shows your charge accounts, automobile loans, bank and student loans, home mortgage, and any other credit-related transaction. It shows when the credit line was opened, the highest amount you ever...
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Not too far away in the distant past, it was a lot harder for individuals to obtain financing for a home and more. In many cases, if the lender deemed that there was not enough information about the applicants’ credit history; they would avoid the loan all together in many cases. Today, there is...
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We all know about our free fico credit score, and yet many people around the world use it to take advantage of the credit they receive from banks and other financial institutions. We all like the fact that it is so easy to get free credit the first time around, grant you have been...
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FICO (Fair Isaac Company) and Vantage credit scoring method primarily differs with the way it is used and calculated by the 3 major credit bureaus (Equifax, Experian and TransUnion). Although both are a major factor in the issuance of credit reports, both scores are used by credit companies in determining whether to grant or...
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