by: David Parker.
If you have ever applied for any kind of credit, there is no doubt you'll have heard of the term "credit scoring". You probably know that it's connected to your credit record but are you aware that there is a real science behind it wi...
by: Nick C.
The global credit crunch, along with the collapse of Northern Rock has resulted in banks getting tougher with the amount of money they are willing to lend. Lenders are now paying close attention to your past payment history, by checking y...
by: Williamblake.
No doubt about it, credit score rating scales are confusing. Working through all the numbers can leave you wondering what it all means. Understanding ratings and how they work will help you to read and understand your credit score more eas...
by: Paul Sarwana.
Your FICO score is a vital component of managing your finances. This is the number used by the credit bureaus to determine how good your credit is. The FICO scoring system can appear to be pretty complicated if you do not know how it work...
by: Olivia Andrews.
When you take credit, you borrow some amount of money which you are obliged to pay after a certain period of time. A credit score is a statistical way to determine the likelihood of an individual who has to pay back the money he has borro...
by: Joseph Kenny.
If you have ever attempted to obtain credit in the UK, one reoccurring theme that you'll have been told time and time again is to ensure that you have a good credit rating before applying. To this end, you may even find that you're recom...
by: Samual java.
From bartering in ancient times, to metal coinage, to paper currency, the latest stage and development in the evolution of currency is credit and credit ratings. With increasing ease and usage of the internet, and e-commerce, electronic t...
by: Javaid Kiyani.
Managing your credit standing can be a difficult and challenging task. However, a good credit rating is essential if you want to succeed as a property investor. A bed credit rating will often mean that you are unable to fund property pur...
by: Jim Moore.
Clearing debts takes time and you will have to start somewhere. A debt relief solution might save your home, possessions and a great deal of stress. In this consumer driven world in which we live it is actually hard work to stay in credit...
by: Steven Gillman.
Can a bad credit rating save you from bigger problems? Hasn't it done just that for many young people? I'll explain how with a couple true stories.Good Credit Rating StoryMy friend started his adult years with good credit. Soon he was ab...
by: Steve Gillman.
A bad credit rating is usually considered a problem, but is it always so? Are there circumstances where it can be beneficial?Credit is a tool that has to be handled with wisdom to be of value. Being able to borrow money or get credit card...
by: Ryan Patterson.
Most people know they have a consumer credit score, but few realize there is a similar ranking used by auto and property insurance companies to rate a customer's potential liability and it is key to getting affordable auto insurance.Fitti...
by: Jon Arnold.
As surprising as this may sound, the vast majority of consumers don't know what their credit score is. That fact is almost as bad as not knowing what your blood pressure is, because by the same token, by the time you discover that it is no...
by: Mike Singh.
Finding out what is an excellent credit score can be a good first step in a good financial plan. First of all what is an excellent credit rating and knowing what is it can help you find out where you fall on the scale. Also knowing what i...
by: Dror Klar.
Quite a lot of people have a problem with keeping a good credit score these days because of the state of the economy and sometimes things simply are not the fault of the borrower. There are a few basic things that you can do to safeguard...
