credi repair: What does my credit score mean?
- 01/23/10 02:48 AM
Most people are aware of the three credit reporting agencies TransUnion, Equifax, and Experian. The average difference in scores between the highest and lowest of your three FICO scores is 60 points. This is the result of each of the credit bureaus having different items on their report, which may be correct, incorrect or are not reported in full compliance with credit law. What is a Credit Score?A credit score is a number generated by a mathematical formula that is meant to predict credit worthiness. The most common of the credit score standards is the FICO score created by Fair Isaac. … (2 comments)
credi repair: Credit Repair Myths
- 01/23/10 02:44 AM
Credit Repair - Is it the right thing to do? Absolutely! If you have been turned down as a result of bad credit, have a higher interest rate on any Line of Credit, or if you are paying more for insurance than you should - you MUST take action! Here is the good news: YOU can do something about it! Myth #1: When I pay off a past-due account, such as a Charge Off or a Collection Account, it will be listed as "paid" and no longer be reported as negative.It is difficult to fully restore your credit if … (1 comments)
Most people are aware of the three credit reporting agencies TransUnion, Equifax, and Experian. The average difference in scores between the highest and lowest of your three FICO scores is 60 points. This is the result of each of the credit bureaus having different items on their report, which may be correct, incorrect or are not reported in full compliance with credit law.
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