Tag: Scores


What you don’t know about credit scores could hurt you

News from msnbc.com:

Paul Sakuma / AP

A bad score could cost you a job or a loan. That’s why it’s so important for you to understand how credit scoring works.

By Herb Weisbaum, The ConsumerMan
Your credit score, which is based on your credit history, can have an enormous effect – positive or negative – on your life. [...]

New Survey On Credit Scores

News from KELOLAND TV:
SIOUX FALLS, SD -
Lenders, employers and insurers all have your number.  Your credit score follows you around and affects how much you’ll pay for a loan to whether you’ll land the job. Consumers understand a lot more about their credit score, but still not enough. 
If the number is high, you’ll easily get a [...]

Credit scores confusing consumers

News from Pittsburgh Post Gazette:

May 15, 2012 12:07 am

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By Patricia Sabatini / Pittsburgh Post-Gazette
Although consumers have improved their overall knowledge about credit scores over the past year, they continue to harbor potentially costly misunderstandings, according to a just-released survey from the Consumer Federation of America.
Among the most troubling findings: A majority of consumers mistakenly believe [...]

Restoring your credit scores after filing for bankruptcy

News from Los Angeles Times:

Dear Liz: I had credit scores over 800 with no late payments ever. Unfortunately, a medical issue required me to charge $ 24,500 to a credit card. That led to a bankruptcy, which was discharged in July 2011. My scores dropped to 672, and they’re currently around 680. I’m paying [...]

Susan Tompor: Consumers’ credit scores improving

News from Detroit Free Press:

Credit scores turned into one ugly number for many consumers throughout the recession — putting a halt to how much buying and borrowing consumers could do.
So it’s pretty upbeat news to hear that more consumers are edging near perfect FICO scores.
The number of consumers in the top FICO score range — [...]

The Hidden Benefits of Credit Scores

News from Business Insider:

Stephen Chernin / AP

Credit.com is the source for expert information and news about credit cards, credit scores, credit reports and the credit business.
Recent Posts

Cleaning Your Mess Of A Credit Report Is About To Get Easier
Consumer Credit Default Rates Drop at End of First Quarter

>>> Read the full article

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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 [...]

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 [...]

Should Employers Use Credit Scores to Hire Employees?

News from Fox Business:

Oh, the dreaded credit score.
These three numbers play an integral role in our personal and financial lives. It’s not enough that we have to keep up with three different versions that never seem to quite agree, but nowadays we must also be ready to defend our scores during a job interview.   
The [...]

Poll shows we’re eager to boost our credit scores

News from The Coloradoan:

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