A consumer’s credit rating score can be the single biggest determining factor when it comes to whether or not they will be approved for credit. A credit rating score can also help lenders determine what kind of interest rate the consumer will pay. Usually, a higher credit score will translate into a lower interest rate as well as making it easier for the consumer to obtain … [Read more...] about Credit Rating Scale: Tips and Advice
Consumers are becoming increasingly interested in their credit score. They have learned that their credit score can either help or hurt them when they need to obtain a loan or a new credit card. Credit scores typically fall within a range of 300 to 850, with the higher numbers representing better credit scores. People today are better informed regarding what their own credit … [Read more...] about National Average Credit Score: What You Should Know
Most consumers are aware that they have a credit score. Some of them even realize that their credit score can help potential lenders determine whether they will receive a loan and what interest rate they will be charged as they pay back that debt. But what exactly is a good credit rating score? Credit scores are selected from a range of numbers beginning at about 300 and … [Read more...] about Good Credit Rating Score: Tips and Advice
Most consumers are aware that they have a credit report, which is essentially a history of their debt and payment practices. They know that when they take out a car loan or use a credit card, their habits in relation to this debt, such as whether or not payments are made on time, becomes a part of their credit report. Most consumers are less familiar with the components that … [Read more...] about Fica Credit Score: Tips and Advice
Lately consumers are hearing a lot about how their Beacon credit score can affect their ability to obtain financing on a new car or be approved for a credit card. A Beacon credit score is a number assigned to an individual consumer that is meant to predict that person’s credit worthiness. Stated another way, a credit score helps potential lenders determine whether or not a … [Read more...] about What is a Beacon Credit Score?