Your credit score is based on a formulation used by the credit reporting agencies that create a general average of your credit history and assigns a number to show whether you have excellent, good, fair, or poor credit. While your credit score is an average of your credit history, it is often the first thing …
When you are working to clean up your credit the job can seem overwhelming and too much to handle. To make it easier there are a few simple ways to go about the process that when used together form the best results and more peaceful you. One of the steps to the process of credit …
Credit can be a fickle thing and complicated to those who are unsure of how credit works. Credit is a billion-dollar-a-year industry and while most of that represents a debt that families and individuals are struggling to get out from under, it also represents the possibilities that credit can offer. When handled appropriately and with …
If your score is above 720 you should have no trouble qualifying for a low rate loan. But the lower your score the more difficult it will be to qualify, and the higher the interest will be. Your monthly payments can be over 40% higher with low scores. Here is a chart that illustrates the …
How Your FICO Credit Score Directly Affects Your Interest Rate. Read More »