Category: Credit Score

Credit Score Ratings and What They Mean

With the widespread use of credit cards and loans, lenders and companies began to search for a method to ascertaining the risk involved in lending a particular loan or...

Credit Score Scale

The credit score is a derivation of credit ratings, history, and reports. These three parameters are considered while calculating a persons credit score. Credit...

What is a Bad Credit Score?

Credit report means an individual’s history of borrowing making payments. It also includes all your financial information, late payments that you may have made,...

Perfect Credit Score

A credit score is a part of an individual’s credit report, and is derived on the basis of several elements of the credit report itself. It is basically a number...

Credit Score After Bankruptcy

Bankruptcy, a curse to your financial records, does reduce your credit score to a great extent. However, the good news is that it is possible to get credit after filing...

What is a Poor Credit Score?

Imagine that you need a loan to buy a car, what do you do? Simple, you approach a bank. The lender will then go through some of your important documents, namely, your...

How to Improve Credit Score After Bankruptcy

The following write-up provides pointers to people who would like to improve their credit scores after bankruptcy. Since every consumer has 3 credit scores, it’s...

Improving Credit Scores After Foreclosure

A fall in home prices, the subsequent recession and the high rate of unemployment resulted in a number people defaulting on their mortgage payments. Bankruptcies and...

Free Credit Score – No Credit Card Needed

Often the word “free” gets thrown around far too liberally, especially when it comes to services or products marketed online or via retail websites. There is...

Is 700 a Good Credit Score?

Before we dwell into whether 700 is a good credit score or not, you need to understand what a credit score is. A credit score is a three-digit number that is derived on...