Posts Tagged ‘Credit Risk’

How Student Loans Affect Your Credit Score

Justin Parr asked: If you’re about to graduate–or if you’ve already finished college–chances are you’re paying off student loans. But what exactly happens with your loan debt now that you’ve entered the repayment phase? Will they impact your ability to obtain credit? And how do they affect your credit scores?Let’s start from the beginningWhen you [...]

Solutions to Fix My Credit Rating

Tony Banks asked: A lot of people are unaware of the fact that they can fix their credit rating themselves and the truth of matter is that no one shares the information openly. The reason is that there are to many people making money from the situation but I will show you how you can [...]

Credit Repair Tips – Helpful Advice on How to Fix Your Credit

Tim Gorman asked: You probably already know that the mere fact you have credit means you are essentially using someone else’s money in order to make payment for your purchases. It is also means that you are obligated to repay the money to the person, agency or lender that loaned you the amount.If you are [...]

The Fico Credit Score – What is It?

ALDREENA M. FEREBEE asked: > By Aldreena M. FerebeeWhat is a FICO Score?A credit or FICO score is a numeric representation of a person’s credit profile and it is the name for the most well known credit scoring system. The acronym FICO stands for Fair Isaac Company, a California firm founded in 1956 by Bill [...]

Looking to fix your credit score? You are not the only one

Stuart Hunter asked: According to Bloomberg News columnist John F. Wasik, a credit score of more than 750 typically means you will be approved for the lowest finance rates on loans for homes and vehicles. A credit score less than that could force you to have to pay higher interest rates or get approved for [...]