A hard pull on credit is made every time a lender pulls your credit report, in equally anytime you apply for new credit such as a credit card, auto loan, or mortgage among others. However, multiple hard inquiries within a short period are generally
TransUnion credit report obtained once a year means that one gets an opportunity to analyze his or her credit history and possibly detect errors or fraudulent activities. Here is a guide on the process of accessing your free annual credit report
Charge-off is one of the most severe entries that can appear on your credit report and it can greatly lower your credit score as well as decrease the chances of getting approved for a loan or a credit card. This is where a creditor deems that you
Bankruptcy is a process that should be taken very seriously because it will reflect on your credit report for several years. Chapter 7 bankruptcy also keeps its record with the credit reporting bureau for 10 years from the actual filing of
Introduction This is a clear indication that late payments when included in your credit report, greatly affect your score. Having some of your payments made past the due date indicates to the credit reference that you once failed to make the payment
Effective administration of your company depends on your keeping constant observation of its credit record and score. As evaluated by lenders, suppliers, and partners, business credit reports and ratings provide an evaluation of your company's
A credit report is very important in any financial life and is a very influential tool in determining one’s creditworthiness. Credit cards, loans, mortgages, rents, employment, and even insurance applications are being evaluated using this.
Being reported with an erroneous or negative item on your credit history could greatly reduce your credit score and hamper the chances of credit card or loan approval. If there is something on your credit report which is incorrect or something which
The credit report displays the historical overview of your financial conduct and includes such details as payment history, credit limits, inquiries, etc. This is applied when determining your credit score, which is used by lenders to judge your