Good credit record means better insurance offers.
Not exact matches
What that
means is that there'll be a
record of the debt owed to your
credit card company as
well as to the collection agency.
This
means that insurers think that people with
credit scores are more likely to file false accident claims as opposed to people who have a
good record with personal debts.
This
means that the cosigner could either become completely liable for making the student loan payments, or worse, they may forgo making the payments altogether and risk their
good credit record being negatively affected.
Of course, given the low interest rate environment, getting a mortgage seems like the
best option — but just because you are a Canadian citizen, doesn't
mean you have a Canadian
credit record.
This doesn't
mean the actual dispute will go smoothly — there are still problems with how disputes are handled by
credit bureaus and third parties like debt collectors — but you'll have a
better record of your dispute if you have to follow up on it again later.
The ability to freely access a true FICO score
means you can
better monitor your creditworthiness, your chances at successfully applying for new
credit, and perhaps even notice mistakes on your
record if it takes a sudden dip.
This
means the consumer doesn't have to worry about whether or not the installer behind the quote has a
good service
record, or up to date insurance and licensing, or
good business
credit: we've taken care of all that already.
This doesn't
mean the actual dispute will go smoothly — there are still problems with how disputes are handled by
credit bureaus and third parties like debt collectors — but you'll have a
better record of your dispute if you have to follow up on it again later.
LexisNexis Risk Classifier utilizes data from attributes derived from public
records, driving history and
credit to help
better assess a proposed insured's risk profile.3 What this
means is
credit history such as a bankruptcy, foreclosure, short sale, tax liens, or even a low
credit score can affect your life insurance rates.