Credit Blog – Blog on Credit and Finance


July 7, 2014

3 credit score questions you never thought to ask

Category: Credit Score – Tags: , , , , – administrator 1:19 am

3 credit score questions you never thought to askNews from USA TODAY:By Lindsay Konsko, NerdWallet 5:46 a.m. EDT July 5, 2014

Learn about your credit scores and reports.(Photo: Rick Nease, Detroit Free Press)

118 CONNECT
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Try boosting credit score on your ownNews from The Detroit News:
Q: I make pretty good money, but my credit score is low. What’s the fastest way to raise my score? [...] Continue Reading…

July 5, 2014

Fee For A Credit Report Versus Free Credit Report: Part 1

Category: Credit – Tags: , , , , – administrator 7:37 pm

Fee For A Credit Report Versus Free Credit Report: Part 1News from Businessinsider India:
In a credit information reporting system, typically the four stakeholders are:1. The central bank (in the case of India – the Reserve Bank of India)2. The lenders (credit providers)3. Credit bureaus (there are currently 4 in India)4. The borrower (the individual or the entity that takes a loan and whose data is reported by the lenders [...] Continue Reading…

July 4, 2014

Equifax Chief Economist Demystifies the Most Common Credit Score Myths in …

Category: Credit Score – Tags: , , , , , , , , – administrator 1:23 am

Equifax Chief Economist Demystifies the Most Common Credit Score Myths in …News from NASDAQ:

ATLANTA, June 30, 2014 (GLOBE NEWSWIRE) — Equifax Inc. (NYSE:EFX) Chief Economist Amy Crews Cutts focuses on the most common misconceptions about consumer credit scores in the company’s newly issued monthly Economic Trends Commentary entitled “Busting Credit Score Myths.”
Cutts traces the history of scores and their use in loan underwriting, and considers the value of multiple [...] Continue Reading…

July 3, 2014

Financing career change, bankruptcy and credit reports, purchasing the right …

Category: Credit – Tags: , , , , , , , – administrator 9:43 am

Financing career change, bankruptcy and credit reports, purchasing the right …News from The Oregonian:
Dear Liz: I am 48 and planning on a career change. I was looking at a culinary school website and it looks pretty exciting. It is a two-year, full-time program and the cost is about $ 65,000, which doesn’t cover the dorm or apartment expenses for living nearby. Of course, the institute’s counselor told me [...] Continue Reading…

How to Improve Your Credit Score With a Few Simple Steps

Category: Credit Score – Tags: , , , , – administrator 7:22 am

How to Improve Your Credit Score With a Few Simple StepsNews from Boston.com:
The credit score is one of the most important parts of your finances. This three-digit number gauges how responsible you are with money and can determine what interest rates lenders will charge you on mortgages and auto loans. The most important part of maintaining a strong credit score is to pay your bills on time. Another major [...] Continue Reading…

July 2, 2014

Rigid Credit Score Standards Hold Back Housing Recovery

Category: Credit Score – Tags: , , , , , , , – administrator 1:18 pm

Rigid Credit Score Standards Hold Back Housing RecoveryNews from American Banker:

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“It is difficult for any homeowner who doesn’t have pristine credit these days to get a mortgage,” Federal Reserve Chair Janet Yellen said at the Fed’s
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Does your Credit Score Affect your Car Insurance Rate?News from Quoted:
You know you need good credit to take out a loan, a mortgage, or [...] Continue Reading…

July 1, 2014

Equifax Chief Economist Demystifies the Most Common Credit Score Myths in …

Category: Credit Score – Tags: , , , , , , , , – administrator 1:19 am

Equifax Chief Economist Demystifies the Most Common Credit Score Myths in …News from MarketWatch:

ATLANTA, Jun 30, 2014 (GLOBE NEWSWIRE via COMTEX) –
Equifax Inc. /quotes/zigman/226102/delayed/quotes/nls/efx EFX -0.18% Chief Economist Amy Crews Cutts focuses on the most common misconceptions about consumer credit scores in the company’s newly issued monthly Economic Trends Commentary entitled “Busting Credit Score Myths.”
Cutts traces the history of scores and their use in loan underwriting, and considers the [...] Continue Reading…

June 30, 2014

Do-it-yourself credit report repair

Category: Credit – Tags: , , , – administrator 11:37 pm

Do-it-yourself credit report repairNews from Insurance News Net:

By Susan Salisbury, The Palm Beach Post, Fla.
McClatchy-Tribune Information Services
June 29–Do you need to improve your not-so-stellar credit report? Don’t pay a company to do it for you. You can do it yourself for free, the Federal Trade Commission says.
Companies that claim they can remove bankruptcies, judgments, liens and bad loans from your credit file forever are mostly likely a scam, the [...] Continue Reading…

June 29, 2014

Credit score can affect cost of car insurance

Category: Credit Score – Tags: , , , , – administrator 1:19 pm

Credit score can affect cost of car insuranceNews from Columbus Dispatch:The E-Edition includes all of the news, comics, classifieds and advertisements of the newspaper. And it’s available to subscribers before 6 a.m. every day.
All current subscribers have full access to Digital D, which includes the E-Edition and unlimited premium content on Dispatch.com, BuckeyeXtra.com, BlueJacketsXtra.com and DispatchPolitics.com. Subscribe today!…………… continues on Columbus Dispatch
… Read the [...] Continue Reading…

June 25, 2014

What Does Your Credit Score Mean?

Category: Credit Score – Tags: , , – administrator 1:19 am

What Does Your Credit Score Mean?News from Wall St. Cheat Sheet:

Source: http://www.flickr.com/photos/91632228@N07/

So you have a credit score of 700 (or hopefully higher.) Great! What does this really mean? We all know a high credit score is better than a low score, but how do you know if your score is good? If you compare yourself to the average American, whose credit score falls somewhere between 687 and 689 (depending [...] Continue Reading…