Posted on December 26, 2010, 7:34 am, by , under
Finance.
Steve Osedo asked: Credit scoring is actually assessing the person as he appears at a point in time and gives a birds blueprint of his credit history and other related financial data related to credits at a point in time. As such credit scoring is a dynamic rather than a static tool of analysis, as [...]
Tags:
Adviser,
Bad Credit,
Blueprint,
Credit History,
Credit Rating,
Credit Scoring,
Creditor,
Debts,
Financial Situation,
Initial Credit,
Internet Sites,
Minimum Payment,
Payment History,
Point In Time,
Three Steps Comments Off |
Read the rest of this entry »
Posted on August 28, 2010, 4:17 am, by , under
Finance.
Jon Arnold asked: The vast majority of consumers have an “ok” credit score. It is acceptable, but it is neither tremendously high nor tremendously low. It is not high enough where they could buy an aircraft carrier on their signature alone, but it is not bad enough where even 7-11 requires cash for a pack [...]
Tags:
Aircraft Carrier,
Bad Situation,
Car Insurance Companies,
Credit History,
Credit Score,
Credit Scores,
Existing Mortgage,
Financial Transactions,
Loan Rate,
Looking For A New Job,
Minimum Payment,
Mortgage Refinance,
Ok Credit,
Payment History,
Thousands Of Dollars Comments Off |
Read the rest of this entry »
Posted on June 29, 2010, 1:51 am, by , under
Finance.
Thomas Corley asked: With the current economic downturn, many recently unemployed are struggling to make ends meet. Many of these same individuals were making their debt payments and had good credit scores until they found themselves standing on the unemployment line. Unable to stay current on their mortgage, credit card debt and/or student loans, they [...]
Tags:
Borrowers,
Credit Bureaus,
Credit Card Debt Settlement,
Credit Cards,
Credit Score,
Debt Payments,
Economic Downturn,
Kiss Of Death,
Minimum Payment,
Monthly Mortgage Payments,
Mortgage Credit,
Mortgage Loan Modification,
Partial Payments,
Student Loans,
Unemployment Line Comments Off |
Read the rest of this entry »
Posted on January 14, 2010, 10:10 pm, by , under
Finance.
Harsal Gibs asked: Why would anyone choose to pay higher compound interest on a credit card for longer than they had to? The fact is, many people see their interest rate and don’t even question it.If there is an increase in their APR, they accept it as part of the credit game and pay it [...]
Tags:
Compound Interest Rates,
Credit Card Bills,
Credit Counseling Services,
Credit Game,
Credit Report,
Creditor,
Fixing Credit,
Interest Rate,
Light As A Feather,
Minimum Payment,
Neglect,
Out Of Sight,
S Education,
Second Thought,
Struggle Comments Off |
Read the rest of this entry »
Posted on January 13, 2010, 11:43 am, by , under
Credit.
babybug74 asked: My credit card payment was due October 6; balance was $500. Minimum payment is $15. I use my credit card for EVERYTHING so I can earn points, but I pay off the balance in full each month. I always pay on time or early, but never late. Until this month. On Sept 20, [...]
Tags:
Credit Card Account,
Credit Card Company,
Credit Card Payment,
Credit Score,
Discover,
Envelope,
Federal Holiday,
Lost,
Mail,
Minimum Payment,
October 6,
Restaurants,
Tho 18 Comments |
Read the rest of this entry »