Credit Score

Your FICO Score Has Hit Rock Bottom – What Can You Do?

Most people think they have no recourse when their FICO score hits rock bottom. Why? They think that because that is what they are led to believe. They go to the bank and ask for a loan and get rejected, or their premiums rise when they apply for insurance. When this happens, it isn’t wrong to think that there is ...

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How to Increase Your Credit Score Before Applying for a Mortgage in Burlington

While you may have saved for a down payment on a brand new house, if you have less than perfect credit, then you may find that you have a difficult time qualifying for a mortgage and purchasing the home you really want. There is good news. There are a number of steps you can take to help and improve your ...

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The Five Elements That Go Into Your Credit Score

A credit score is a number that lenders use to determine the risk of lending money to a given borrower. Credit card companies, auto dealerships and mortgage bankers are three common examples of types of lenders that will check your credit score before deciding how much they are willing to lend you and at what interest rate. Insurance companies, landlords and employers ...

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Improve & Protect Your Credit Rating

There is little doubt that a poor credit rating will severely limit your borrowing options. County Court Judgments (CCJs), defaulted payments and bankruptcy orders will leave a black mark against your name which will be impossible for lenders to overlook when trying to secure new credit. In addition, if you miss credit card payments, direct debits for energy bills etc, ...

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A Credit Repair Law Firm Can Potentially Improve Your Credit Score

Here’s a surprise, Lexington Law really wants you to cancel your account with them. This law firm that works hard to remove negative items from your credit report, so when you’re financial life gets better, it means the firm has done its job. Late payments, charge-offs and even incorrect information can drag your credit score down. A low credit score ...

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Tips On How To Improve Your Credit

There is no way to calculate your credit score, the private companies are the sole proprietors of the credit score determining formulae. Having said that, you can always know your credit score by asking for a report from any of three credit agencies. As per rule, you are entitled to get a free report annually. You can always improve your ...

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Improving Your Credit Score By Buying A House

If you are buying a home with a mortgage from a reputable lender, your credit score is likely to already be quite good, or you would not be able to get a loan. As a first time buyer, you will suddenly appear to have many thousands of debt which you didn’t have before, so in the first month or so ...

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