Loan Issues
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You and Your FICO Score
Your ability to qualify for any kind of financing – from credit cards to auto loans to mortgages, depends greatly on credit scoring. Most creditors will draw your credit report to look at your FICO score. The FICO score will be used to evaluate your qualification for a particular credit line or loan program and [...]
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Consolidation Loans, Guides, Loan Issues
Even People With Good Credit Are Penalized
By now everyone is aware of the Vantage credit scoring system developed by the three major credit bureaus Equifax, Experian and TransUnion that grades consumers on a grading scale of A-F. I have done extensive research but have yet to find out how lenders will use this score or what lenders will choose to use [...]
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Consolidation Loans, Guides, Loan Issues
Your Credit Score Could Affect Your Life
There is much information out there concerning your Credit. But what exactly does your Credit mean? In this Article I will discuss three categories. The first is your Credit Score, the second will be your Credit Report, and third will be your entire Credit Report with all 3 Scores. Your Credit Score is so important [...]
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Consolidation Loans, Guides, Loan Issues
Common Credit Score Myths
A lot of credit score myths about fico score ratings get spread around and some of them are just outdated information. Sometimes even lenders can give you the wrong advice and it can get confusing. But the bottom line is bad information can cost you money no matter who you get it from. Fico score [...]
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All About Your Free Yearly Credit Report
Free Yearly Credit Report – You are looking to get a credit report but know know too much about them, you might find your credit score it a little unhealthy and needs some medicine? What about internet scams – there’s plenty out there – do you know how to dodge them? Here we debunk myths [...]
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Business, Consolidation Loans, Guides, Loan Issues, Manage Your Loans, School Loans, Small Business Loans
The Mysteries of Credit Scoring Revealed
Perhaps it’s happened to you – a period of mounting medical bills, loss of wages, natural disaster and even identity theft. Any one of these things can cause a person’s credit score to plummet. Today, more than ever before, a decent credit score can be a positive force in every aspect of your life. We [...]
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Consolidation Loans, Guides, Loan Issues
Find Out How Your Credit Score Is Calculated
As unbelievable as it may sound, most consumers are not aware of what their credit score is. For as valuable a piece of information as that is, it is almost unthinkable for one not to know what their credit score is, or at least approximately what it is. You see, your credit score is used [...]
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Tips to Get the Best Loans
One of the biggest advantages of online credit reports is the convenience of being able to look at it on your own computer in the comfort of your own home. It can be done in minutes and is obtained through a third party, such as through Equifax, Experian, or TransUnion or through a reporting agencies’ [...]
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Improving Your Credit Score – Fundamental Factors
A person’s credit score, often referred to as their “FICO” score, is an important tool that lenders use to help determine the creditworthiness of a potential borrower. If you want to make a large purchase, such as a house, for which you will need financing, you want your score to be as high as possible. [...]
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Consolidation Loans, Guides, Loan Issues
Debt To Income Ratio – A Critical Factor In Your Credit Score
Debt to income is a ratio of your total monthly debt payments to your total monthly income expressed as a ratio or percentage. It is a rather simple calculation but it can be deceiving unless you include all debt and all income in the calculation. The calculation of your debt to income ratio is a [...]