Credit reports and credit scores are very important in the financial life of an individual. Credit reference agencies and scores are used by lenders to decide on whether or not to extend credit and the rate to offer. Most auto insurance companies
Bankruptcy is a decision that one has to make to get rid of or repay some of one's debts under court supervision. It can assist you to have a financial makeover if you are in deep trouble with your finances. However, bankruptcy also has its demerits
The lending company of a mortgage loan would want to know whether the borrower could make the monthly payments. Many lenders evaluate this using the "28/36 rule," two DTI percentages based on your present income-related commitments. Knowing these
The 800 Club: How to Achieve a Credit Score of 800 Achieving a credit score of 800 is not only possible but also a dream that many people can only aspire to. Members of the 800 Club can boast of receiving prime interest rates, low monthly mortgage
When Disputing Credit Report Entries, Do You Need To Record A Dispute With All The Three Credit Reference Agencies? In your financial life, your choice is much influenced by your credit record. When choosing whether to give money to you, rent their
Lenders also consider your credit score when you are applying to be given a place to live. Tenants will also have their credit reports and scores checked by the landlords and property managers to determine their financial reliability in the timely
While checking your credit report and credit scores, you might find that there are many scores from various agencies calculated with different scales. This can understandably cause some confusion as to which scores are important and how they compare
VantageScore 3. 0 is one of the credit score models that was created by the three credit reporting agencies Equifax, Experian, and Transunion. It was initiated in 2013 to replace the conventional FICO score and to offer a uniform model of credit
Rent-To-Own vs Buying a Home: Main Differences One other kind of owning a property is renting a house to buy. Under a rent-to-own arrangement, one pays rent and then purchases a house at a set price either inside the lease term or at its