Question about Credit Rating?

View your credit file based on any of the UK credit reference agencies, or all three at once
LifeLock is the only Identity Theft Prevention Solution backed by a one-million dollar guarantee!Click here to get a 10% discount.

LifeLock Identity Theft Prevention - Save 10%

Question about Credit Rating?

To find out specifically about credit rating, you can order your score report from all three national credit bureaus. In addition to your score<!--you'll get your credit report, an indication of how your score ranks nationally and an explanation of how you can boost your standing.

http://badcredits.awardspace.com/credits...

In order to improve your credit score, it's important to know where you stand currently. Despite all the media attention given to free credit reports-->you still have to pay to find out your credit score, the three-digit number ranging from 300 to 850 that is the key to your borrowing costs.

Question about Credit Rating?

Part of how your FICO (credit) score is calculated is based on the number of credit unquiries there have been recently made about you.

FICO scores are calculated based on a 100 point system, divided into 5 areas of major interest to lenders:

1. Paying your debt obligations on time = 35%

2. Your credit to debt ratio = 30%

3. Frequency of applications for new credit = 15%

4. What types of debt you are carrying, for example installment, bank credit, credit cards = 10%

5. How old your accounts are = 10%.

This means the two most important things you can do for free legal credit repair are (1) pay on time, and (2) keep your debt below 30-50% of the total credit available to you.

Don't apply for new credit unless you absolutely have to - at least not if you are needing to do free legal credit repair, or unless you need a greater variety of credit types.

The link will explain more about keeping your score healthy, the FREE and LEGAL way.

Question about Credit Rating?

Spif

Thats is what I thought and believed until I offered to co-sign a car for my daughter, they ran it through 4 banks at the same time, my score showed 4 inquiries. She did get the car but I took a hit

First Previous 12NextEnd

Question about Credit Rating?

Topic