Your credit score is calculated based on the information in your credit report. Credit scores allow lenders to quickly make on-the-spot credit decisions based on a 3-digit number that sums up your credit worthiness. There are many credit scoring models in use today; all are designed to rate your likelihood to repay your debts. When you order your credit score, you will also receive an analysis of the factors affecting your score.
Your credit report is a snapshot of your credit at a particular moment in time. However, in reality that information is flowing in and out of your credit report all the time. Credit applications, home and auto loans, payments, an address change or even an inquiry from a prospective creditor all show up on your credit report - and affect your credit score.
Search tag credit search
Credit history is the main determining factor of credit nowadays, but there are potential problems that can work against consumers. Since some credit reports can contain inaccuracies serious enough to cause consumers to be denied credit, a loan or even a job, keeping abreast of changes to your credit file is vitally important.
Credit Search Copyright 2009 - 2011
Credit search Janet just ordered her free annual credit report and was excited about what she saw on her report. She decided to order her FICO score, and low and behold, her score increased over eighty points from the last credit report she ordered over a year ago. She had worked hard to pay off her credit cards throughout the year and was pleased at the positive results on her credit report. Credit search If your like most "normal" people your credit score is a bit of a mystery, and how lenders come up with that magical number is even more of a mystery. I can try to help you understand some of the factors which calculate your score. We have a better chance of having unicorn for dinner than we do of finding out the exact formula to calculate a credit score. Credit search Your credit score is the key indicator used by lenders to predict your credit risk. In order to achieve a high credit score, you must learn how to give lenders exactly what they are looking for in your credit report and follow the golden rules to proving your creditworthiness.
Sales Rank:72 Category:Book ASIN:1939457033 Publication Date:January 1, 2014 Shipping:Eligible for FREE Super Saver Shipping Availability:Temporarily out of stock. Order now and we'll deliver when available. We'll e-mail you with an estimated delivery date as soon as we have more information. Your credit card will not be charged until we ship the item.