craigslist chicago classifieds

Your Credit Reports and Credit Scores These days, credit scores affect almost everything we do from the rates you will qualify for on mortgages, auto loans, and credit cards to the ability to get some jobs. That is why it is essential that we understand what a credit report is and what factors can affect it. It is also important to understand your credit score and how that number is viewed by lenders and others. A credit report and score is a snapshot of how high of a credit risk you are to a lender. The most widely used credit score is the FICO, which ranges from 300-850. This system was created by the Fair Issac Corporation and is used by the majority of lenders in determining consumer credit scores. There are also many other credit rating agencies that sell "educational scores" that the industry sometimes refers to as "FAKOs" because they are not a true FICO score based on the Fair Isaac model. For example, Experian offers their own PLUS Score and TransUnion sells a Vantage Score, which ranges between 501-990. These scores can sometimes differ from the FICO score by 20 points or more and have completely different ranges, so it is very important that you know kind of score you are actually looking at and to make sure that it is consistent with the score your lender would use to qualify you for a loan. Ultimately, it is recommended that you review your credit report at least once a year and determine what you can do to improve your score to ensure that you are not considered a high risk as a borrower. Depending on what is currently listed on your credit reports, improving your credit score could require paying down revolving accounts, establishing new lines of credit, or disputing inaccurate or misleading items on your credit reports. If you are curious about what is listed on your credit report, visit www.annualcreditreport.com to order a free copy of your credit reports from each of the three major credit bureaus.
Previous     Next
See also
aarp travel packages
aol mail sign in aol mail login screen name
sprint racing
google drive app
bmw i8 2016
craigslist nmb sc
travelsmith store
american express france téléphone
atlanta hotels downtown with jacuzzi
facebook en español iniciar secion
google satellite maps zoom
moneygram location
hotmail messagerie boite de réception
tmz prince
refurbished digital cameras cheap
mortgage rates madison wi
travelercar
refinance rates wells fargo
neil casey ghostbusters imdb
travelers insurance commercial
expedia car rental promo code
finances et pédagogie
yahoo mail download for pc
google maps satellite view of my house
ebay commercial camping
direct tv internet reviews
carters lake
bank of america hsa for life
dell xps 15
the home depot credit card login