Credit and Debt> Credit Scores & Reports
Optimizing Your Credit Score in 7 Steps
4-19-2010
Are you thinking about buying a car, renting an apartment, or purchasing a home? What about simply qualifying for a new cell phone plan or a credit card? Your credit score is an important factor in determining how successful you’ll be in achieving these goals. Credit scores can be as low as 300 or as high as 850. What constitutes a good credit score will vary, depending on the type of loan you’re getting and your lender’s specific requirements. A solid score generally ranges between 680 and 720. Getting the best interest rates and loan offers typically require a credit score of 750 or better. Yours not up to snuff? Don’t panic! Improve it with the following seven steps.
(Read more...)3 Quick Ways to Improve Your Credit Score
11-22-2009
Your credit score is a critical number – it helps lenders and creditors assess your credit worthiness and re-payment risk. Credit scores become very important when you want to buy a house, finance a car purchase, or apply for a graduate school loan. If any of these big ticket items are on your horizon within the next year, you should check out your credit health now and take steps to improve your score if necessary.
(Read more...)Credit Reports and Credit Scores – the Basics
8-15-2009
Do you know your credit score or what’s on your credit report? Do you know who uses that information and why it’s so important? Your credit score and credit history are two of the most important components of your personal finances. Your credit impacts many areas of your life, including the house or car you’re able to purchase, your credit card interest rate, and even your insurance premiums, among other things. Before you can optimize your credit score, you must learn the basics of credit reports and credit scores.
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