 While a credit score may seem like an arbitrary number calculated by an invisible credit agency with no real bearing on your life, bad credit can cost you some serious money.
0 Comments
 What is a Credit Score?
Most people understand the basics, like how failing to make a payment will cause your score to go down, but several complexities confuse the average consumer.  Everyone knows getting a bank loan without good credit is almost impossible, but a good credit score has more benefits than just convincing the bank.
 Credit Scores Needed For A Home Loan
The cost of the loan can depend significantly on your credit score and the skill of the mortgage loan originator involved in your loan process.  The Business Credit Catch-22
Young businesses will likely find it difficult to build business credit when they’re consistently denied credit due to little or no credit history.  The Importance of Good Business Credit
As a business owner, you may be unaware of how important it can be to have a good business credit score.  Does My Business Have A Credit Score?
Many small business owners ask this question, especially when thinking about applying for a business loan or possibly after recently being declined for a business loan.  Credit Card Balance On Your Credit Report
Even the slightest amount of credit repair research will tell you that paying down the balance of your credit card each month is one of the best things you can do for your credit.  Repairing Your Credit With A Credit Repair Kit
Yes, many of the “ultimate credit repair kit” products can help people facing serious problems with their credit reports and credit scores.  Why Did My Credit Score Fall After Paying My Loan?
As with many things dealing with credit lenders, this looks pretty counter-intuitive. One would think your credit score should go up if you’re paying your debts off.  Here are six tips to help you put more money in your savings account in the next six months:
 Every consumer has a credit score attached to each credit bureau – Experian, TransUnion, and Equifax. When applying for credit, lenders usually take the average of the credit scores provided by the bureau to determine a customer’s creditworthiness.
 A credit score is an essential aspect of maintaining financial stability and options. Your credit score is an indicator of how you manage your credit and a barometer of how creditors and lenders judge you regarding how you handle your finances.
 Roughly 97% of credit reports contain errors! These errors can have negative effects on your credit score and you may not even know it. The Fair Credit Reporting Act (FCRA) states that if a creditor can’t prove it then they must remove it.
 Bad credit can prevent you from seeing a lot of your dreams come true. Whether they are buying a new TV, replacing your old sofa, or going on a well-deserved vacation with your family, it’s never pleasant to receive a blunt “no” from your bank because of bad credit score.
|
Credit Repair Enforcers
Credit Repair Enforcers fight for your credit rights! Archives
December 2017
Categories
All
|
RSS Feed
Credit Repair Enforcers, LLC
120 East Oakland Park Boulevard, Suite 105
Fort Lauderdale, FL 33334
(954) 358-9586
120 East Oakland Park Boulevard, Suite 105
Fort Lauderdale, FL 33334
(954) 358-9586
© 2023 Credit Repair Enforcers LLC