What makes up a credit score

What makes up a credit score

02 August 2010

Have you ever wondered how you can be pre-approved for a credit card or receive an online approval within a matter of seconds? Or why some people are denied for credit while others aren't? These things are based on a credit score, a three-digit number that creditors use to determine how likely you are to [...]

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Choosing a credit card

Choosing a credit card

02 August 2010

These days it seems that credit cards are the prevailing method of making purchases. To those who are new to credit, choosing a credit card might seem like a simple task, especially when you are inundated with credit card offers. However, you shouldn’t apply for just any credit card offer you receive in the mail. [...]

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Introduction to Credit Reports

Introduction to Credit Reports

20 June 2009

Your credit report contains a significant bit of information about your financial history as it pertains to credit. The information on your credit report is used to determine whether or not a company should extend credit to you. Several pieces of information are included in your credit report. Personal identifying information such as your name, [...]

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Debt Counseling

Debt Counseling

24 February 2009

Credit Rehabilitation: Debt Counseling Those who get themselves into financially turbulent waters will sometimes seek a life preserver wherever they can. Sometimes, they reach out to a debt counselor. That can definitely be a wise move. A skilled debt counselor can offer specialized knowledge gained through experience about which programs are effective and which are [...]

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Credit Score 101

Credit Score 101

26 November 2008

Your credit score is a numerical indication of your credit worthiness.  It is the primary factor that creditors and lenders use to decide whether or not they should extend credit to you.  You may also hear the credit score called the FICO score.  This name comes from the Fair Isaac Corporation, the company who is [...]

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