Category Archives: Credit Score Basics

Credit Scores And Your Interest Rates

As we already established having a good credit score not only enables you to get loans from lenders, but more importantly it reduces your annual interest rates quite significantly. The tables below will show you real examples on exactly how … Continue reading

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Credit Scores And Your Mortage

A mortgage is a loan that you take in order to purchase a piece of property. Like any other loan, there is a risk to the lender that you will borrow the money and not pay it back. Although the … Continue reading

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Establishing Credit History

One thing many immigrants realize when they come to the United States is that their credit history doesn’t follow them. America is a credit-centered culture. You need good credit to buy a house, finance a car and obtain educational loans … Continue reading

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What Your Credit Score Affects

The single most important thing to note about a low credit score is that not only may it prevent you from actually receiving credit, but you will also get a higher interest rate as lenders see you as a bigger … Continue reading

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Credit Score Factors – How It’s Calculated

One of the most important things about improving your credit score is knowing how it’s calculated. There are several key factors used in determining your credit score and in this article we’ll discuss them. There are several methods of credit … Continue reading

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What is a Credit Score

We’ll talk a lot about your credit score here so it’s good to begin with a basic explanation of what it is and how it works. Basically, a credit score is a numerical value various banks and credit card companies … Continue reading

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