What Creditors See On Your Credit Report

In today’s world, we are constantly bombarded with advertisements for quick cash and free credit scores. Credit reports are a necessary when buying a home, car, and other big expenses that will require a loan. Knowing the information that the creditors will see on your report can make a huge difference in the amount of money you will receive or if you will receive a loan at all. Making...

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How to make your credit score better

Getting a good score on your credit is very beneficial in a number of ways. Although it has been quite a challenge for individuals to gain a perfect credit score, there are just some easy ways to follow in order to improve the score. To have a better credit score, it is necessary to pay your bills on time. This would ensure that you don’t lose the credit points. So if there are any...

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How to make your credit score better

Credit score is a measure of how worthy a person is for lending him credit. In other words, it tells the banks and other lenders on your reliability as a borrower. This score becomes a key factor when the bank issues you loans or credit cards. A low score might prevent you getting the loans that you might require when you decide to buy a house or car. A high score will save you money that...

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Credit Score – What does it mean?

A credit score is not the same as a credit rating or history. All three factors have to be considered by lenders assessing an individual's loan application and suitability for a loan. Credit companies require information from potential borrowers to determine a credit score and rating. The credit score is used by lenders when deciding about lending money for long or short term loans. From...

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The importance of your credit score

An individual’s credit score is an indicator of the credit-worthiness and ability to meet loan repayments. Lenders depend on credit reference agencies to provide a credit history and score for loan applicants for the purpose of evaluating whether to approve or decline a loan application. Depending on what the loan is needed for, having a loan application refused may present an individual...

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How to improve your credit rating

The credit rating is a cumulative score reflecting a person's financial health and ability to repay debts. Applications for loans may be declined based on an individual's credit rating, making it harder to meet home or business expenses. The higher the individual's credit score, the more likely lenders or creditors are to approve lending, such as for a short term loan. Each person's...

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