Credit Scores and Mortgage Approvals

News from NASDAQ:

What kind of credit score do you need to qualify for a mortgage? A new survey of bank executives by the Federal Reserve provides some answers. 
It’s well-known that it’s harder to get a mortgage these days than it was back in the boom days of the housing bubble, when it seemed almost anyone [...]

Credit score killers that cost you money

News from ABC15.com (KNXV-TV):

It’s one of the most mysterious numbers in our lives:  Our credit score.
We all know that a good score is essential to getting a home or car loan. But how do you improve it? And more importantly, what are the credit score killers that can hurt you?
Credit score confusion
John Puthoff thought he’d [...]

Credit score killers that cost you money

News from ABC Action News:

It’s one of the most mysterious numbers in our lives:  Our credit score.
We all know that a good score is essential to getting a home or car loan. But how do you improve it? And more importantly, what are the credit score killers that can hurt you?
Credit score confusion
John Puthoff, of [...]

Strategies to improve your credit score

News from The Times of Trenton – NJ.com:

Andrew Miller/For The TimesMoney, Print 2011 by Arthur Coombe at the gallery opening for the Arc Mercer Artists at the Ewing Municipal Offices on Wednesday, August 3, 2011.
By Kurt RossiFOR THE TIMES
A solid credit score is essential as you navigate through your financial life. From obtaining mortgages, [...]

Low credit scores still plaguing some consumers

News from Worcester Telegram:
Despite recent signs of improvement in the economy, many consumers are being held back by low credit scores.
People who suffered through financial problems during the recession likely lowered their credit scores. Meanwhile, lenders have tightened their standards, which means a credit score that helped a consumer obtain a low-interest loan a few [...]

Getting credit utilization under control will make you more appealing to lenders

News from Chicago Tribune:
Q: I’ve racked up $ 9,000 in debt on a $ 10,000 line of credit, but I can pay it off at any time.
I’m planning on moving this year and will need to finance my house purchase. I’m thinking that if I pay off the debt, the credit card company [...]

Credit Score Tips for New US Residents

News from Fox Business:

Dear Opening Credits,
I came to United States from Bermuda in May 2011, and was able to obtain a credit card with HSBC with a $ 10,000 limit as they gave me the benefit of my good credit history with HSBC Bermuda. When I see my credit report at Credit Karma, I [...]

Credit counselors answer questions about credit and debt – USA TODAY

News from Credit counselors answer questions about credit and debt – USA TODAY:

Financial literacy is sort of like the weather: everybody talks about it. But are we becoming smarter about our money? Recent surveys suggest that we’re not: Young adults fare poorly on financial literacy tests, and their parents don’t do very well, either. As [...]

Want a job? Better get your credit score up

News from Deseret News:

Having a good credit score can do more than help people get loans, it can also help them get a job. But a bad credit score can be a huge hurdle for people looking for work, according to Fox Business.
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Having a good credit score can do more than help people get [...]

Scots ‘risk loss of top credit rating if they quit the UK’, says leading agency

News from Daily Mail:

By Hugo Duncan
PUBLISHED: 18:29 EST, 24 April 2012 | UPDATED: 18:29 EST, 24 April 2012
Scotland would not automatically get a triple-A credit score if it declared independence from Britain, a leading ratings agency suggested yesterday.
Fitch, one of the three major ratings agencies in the world which judge the financial strength of countries [...]

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