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Ask the Credit Counselor
Q: I am getting married soon. My credit is great, but my husband can’t even get a credit card in his own name due to past credit problems. How will his credit affect mine? A: The good news is that the credit histories of spouses are not merged. In...
Bad credit personal loans – pertinent pedestal for a financial resumption
In the arena of loan borrowing, there is hardly an opponent more difficult to tackle than bad credit. Bad credit implies that your personal credit history is integral and decisive in making the personal loan available for you. Bad credit history is...
Don’t Fall For A Scheme When Trying To Rebuild Your Credit History
Don't Fall For A Scheme When Trying To Rebuild Your Credit History For people with a spotty credit history or bad credit, getting approved for a standard credit card can be difficult, if not impossible. There are a number of credit card options...
Pay Off Your Credit Card Debt Quicker
Here are ten simple tips to help you pay off your credit card debts sooner. First the boring bit: the first three steps are boring but vital. If you want to take control, you have to know what's going on. Taking control of your finances can feel...
Research can help you avoid Bad Credit
Staying in contact with your creditors every month can help you
avoid bad credit. If you research the marketplace before coming
to a buying decision, you are well on your way to avoiding bad
credit and repairing credit hassles. You want to...
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Bad Credit Debt
In today's world, there are a lot of things that its very
difficult to live without. One of them, is credit. Can you
imagine trying to save up for a car until you had enough cash to
just pay for it outright? Do you think you would be able to pay
for college tuition and study at the same time? Who would ever
own their own home? A life without access to credit when you
need it will be severely limited in any number of ways.
Everyone, at some time, will be looking for a loan.
If you apply for a loan from a commercial lender, they will do a
credit check. It doesn't matter what form the credit takes, it
could be a credit or store card, a mortgage, auto finance or a
loan to start up your own business. In all of these situations,
whether or not you are approved will depend mainly on your
credit score. Applying for a loan is not the only time your
credit score will be used. Also if you apply for insurance, to
rent or lease a home, or even when applying for a job, in all of
these situations, your credit rating will be used.
What is your credit score?
Your credit score is a rating system used by financial
institutions to assess the risk of giving you credit. It will be
based on information such as your address, salary, how much debt
you currently have,
how well you meet your repayments, whether
or not you've ever been made bankrupt. All of this information
will be processed and used to give you a specific score. Lenders
will then set their interest rates at higher levels for people
with lower scores, and decide on a cut off point, where people
with a lower score will be denied credit.
You have a right to know the reasons why you have been denied
credit. If you have been denied credit because of information in
your credit reference, then you can get a free copy of the
report. You can also get a free copy of your report once a year
from each of the three national credit reporting companies.
Also if there is an error in your report you can notify the
reporting company of this and they have a duty to amend your
report and make sure it is accurate.
Your credit report is used for many important decisions, so you
should make sure at least annually, that it is accurate
About the author:
Joseph Kenny is the webmaster of the loan information sites http://www.selectloans.co.uk
/ and also http://www.ukpersona
lloanstore.co.uk. At the Personal Loan Store you can find
all the different loan
types explained.
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| Credit Reports - Credit Cards - Car Loans - Home Loans - Credit.com |
| Credit.com offers a variety of credit related products and services including credit reports and credit scores, credit cards, car loans, home loan and ... |
| www.credit.com |
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| Equifax Personal Solutions: Credit Reports, Credit Scores ... |
| National consumer credit reporting company that offers credit reports, FICO(R) credit scores and identity theft protection products to consumers and small ... |
| www.equifax.com |
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| The FTC's web site on Credit |
| Credit is much more than a piece of plastic, and the resources on this site can help you become a more savvy consumer. You’ll also find compliance ... |
| www.ftc.gov |
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| Federal Trade Commission - Consumer Credit Center |
| Features an assortment of helpful articles related to credit issues. |
| www.ftc.gov |
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| AnnualCreditReport |
| Site set up by the big three credit reporting agencies in the United States, to furnish free annual credit reports, as required by federal law. |
| www.annualcreditreport.com |
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| Springboard - Non-Profit Consumer Credit Management |
| Our mission is simple: To offer education on the wise use of credit. ... SPRINGBOARD has been approved to provide credit counseling services and issue ... |
| www.credit.org |
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| myFICO - FICO Credit Scores, Online Credit Reports and Identity ... |
| myFICO.com: Get your Free credit report and Free credit score with a 30-day trial of Score Watch. All three FICO Scores and Credit Reports Available now ... |
| www.myfico.com |
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| Credit Suisse Global |
| Credit Suisse Group is an international financial services group. - Shares part of SMI. |
| www.credit-suisse.com |
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| Experian: Free Credit Report and Credit Score, Credit Check ... |
| Credit referencing and consumer targeting for the USA and other countries. |
| www.experian.com |
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| National Credit Union Administration - Home Page |
| An independent federal agency that supervises and insures 7152 federal credit unions and insures 4240 state-chartered credit unions. |
| www.ncua.gov |
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| Credit - Wikipedia, the free encyclopedia |
| Debits and Credits, a type of bookkeeping entry; Credit (creative arts), acknowledging the ideas or ... Retrieved from "http://en.wikipedia.org/wiki/Credit" ... |
| en.wikipedia.org |
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| Credit (finance) - Wikipedia, the free encyclopedia |
| Any movement of financial capital is normally quite dependent on credit, ... Sometimes if a person has financial instability or difficulty, credit is not ... |
| en.wikipedia.org |
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| The National Foundation for Credit Counseling |
| DebtAdvice.org is a service provided by the Members of the National Foundation for Credit Counseling (NFCC), most of them known as Consumer Credit ... |
| www.nfcc.org |
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| FreeCreditReport.com | Free Credit Report and Credit Score Online ... |
| FreeCreditReport.com: Free credit reports and credit scores from Experian. Get your free credit report and credit score now. It's free, fast, and easy! |
| www.freecreditreport.com |
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| Compare credit cards | apply for a credit card | 0% balance ... |
| Compare over 300 credit cards, including 0% offers and balance transfers, and make a credit card application online... |
| www.moneysupermarket.com |
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| Ford Credit - Auto financing for Ford, Lincoln and Mercury cars ... |
| Ford Credit provides auto financing to finance a lease or purchase a car or truck through Ford, Lincoln or Mercury dealerships. |
| www.fordcredit.com |
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| The Credit Card Prank |
| In my lifetime, I have made nearly 15000 credit card transactions. ... Credit card signatures are a useless mechanism designed to make you feel safe, ... |
| www.zug.com |
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| Credit magazine, corporate bonds, derivatives, structured credit ... |
| Credit magazine provides information on the international credit markets for credit investors, issuers and market professionals. |
| www.creditmag.com |
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| CUNA: The Credit Union National Association |
| News and resource directory about credit unions. |
| www.cuna.org |
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| Credit/Debt Management - Tools and Advice for Managing Credit and Debt |
| Drowning in debt? Trying to improve your credit score? This is the place for you. Get real world information and tips, as well as the legal low down, ... |
| credit.about.com |
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