New Goal for Your New Life Together: Becoming Credit-Wise
Many people planning to be married take time to reexamine
financial priorities, set a new budget, and establish savings or
debt reduction goals. Being credit-wise consumers means
realizing that managing your credit requires similar planning
and care-and doubly so when you are entering into marriage.
Think about your special personal and [...]
Understanding Your Credit Score
What does your score mean?
This rating system is meant to develop a snapshot of the risk you currently represent to a lender. Several parameters in your credit file, including length of credit history, number of open accounts, loans, mortgages, public records, and others are formulated to produce a three-digit score between about [...]
Recession..no recession that is the question. Yes, there is gloom and doom all on the news. The recent and current sub-prime mortgage debacle. I would like to just like for you to keep one thing in mind. Banks and other financial institutions are in the business of lending money..period! What [...]
Since late 2004 and early 2005, the three nationwide consumer reporting companies – Equifax, Experian, and TransUnion – began processing consumers’ requests for free annual credit reports at www.annualcreditreport.com.
A credit report contains consumers’ identification information; payment history with different creditors; a list of inquiries made by various financial institutions; and information on the public record, [...]
So, you’re ready to begin straightening out your credit. The first step is to obtain your credit reports from all three major bureaus. Equifax, Transunion, and Experian. The good news is that all three have coloberated to create one central location where you can obtain a free copy of your credit file, [...]