Credit Rating - If you have a mortgage then the question of refinancing has likely come up over the past year or two. This is particularly an issue if you purchased your home during the early part of this decade when interest rates were at near historically low figures. Even more critical is if the loan you took out was a variable rate mortgage chances are it is about ready to start adjusting and when that happens can you afford the higher payments?
Credit Rating, If you have poor credit, you may think that you have no chance of getting approved for a car loan. However, car loans are easier to get approved for because they use your car as collateral to secure your loan. This makes your loan less of a risk to a lender. Additionally, there are measures you can take to improve your chances of getting approved for a car loan. This article discusses how you can get approved for a bad credit car finance:
If you suspect any fraud, contact all three credit bureaus immediately and place a fraud alert on your report. Then, contact your credit card companies and bank to protect your accounts.
Credit Rating, If youre worried that someone else could easily intercept your post, arrange to collect important items rather than have them posted to you, e.g. credit cards or cherub books from your bank.
If you're married, make sure that any joint accounts with your spouse show up on your credit report. And if you're an authorized user of one of your spouse's individual accounts, opened after June 1, 1977, then creditors must report the account under your name too. If you're widowed or divorced and change your name, free consumer credit reports on-line can be especially important to you. Because they can help you make sure your previous credit history is transferred to your new credit report.
In 2005 Senator Patrick Leahy introduced the Anti-Phishing Act of 2005. It is a bill that doles out severe criminal penalties to anybody convicted of creating fraudulent emails or websites in order to illegally gain information or financial reward. Phishing is now a federal crime, and the Secret Service and FBI are more aggressively pursuing it.
Credit Rating - In case that their credit history is not so good, they will had to start with a credit repair. To do this they were going to had to study how to interact or deal with credit bureaus.
In my first lesson, Free Credit Report Why You Need One!, we discussed why your FICO (Fair, Isaac; named for the company that created it) score is so important to your credit rating. This number indicates to your lender how trustworthy you are to re-pay your loan and directly translates into how much interest you will be charged on your next loan. FICO scores can vary from 300 to 850. Its very credit savvy for you to pay the $10 fee to any of the 3 major credit bureaus and receive your FICO score.
In summary, get a copy of their credit report from all three of the major credit bureaus, or do it today. Chances were better than good that they will find errors on it, or the sooner they get those errors corrected, the better off they will be.
Credit Rating, In this situation you have to prepare and send letters to each of the credit bureaus. Also learn your credit rights by familiarizing yourself with the Fair Credit Reporting Act (FCRA).