Over time I realized two
facts about credit scores — one, it is a fundamental personal finance fact to know and understand and two, it is a recent concept in India for which awareness is still very limited.
Let's first look at a couple of
facts about credit scores.
Here's this information, and four other useful
facts about credit scores that our contributors want you to know.
And while it's hard to find many
facts about credit scoring that are true for everyone, regardless of their score, there are at least a couple I'll apply here:
Not exact matches
In
fact, our Nissan dealership specializes in bad
credit financing, and we're eager to learn more
about you and your less than perfect
credit score today.
As a matter of
fact you need to check out Troy's email
about his
credit score jumping from 540 to 712!!
The sad but true
fact about your all - important
credit score is this: Good
credit is a status symbol, and poor
credit has a stigma attached to it.
But you can't do anything
about the
fact that you've only had
credit for six months and this is where for somebody new is probably going to fall a little short of that super high
score.
And don't forget
about potential late fees, the risk of going over your
credit limit, and the
fact that your
credit score will take a hit.
You're going to know just
about every single
fact on how your
credit scores are derived, what you need to watch out for, what habits you need to implement, and much, much more...
My extire tax returns was taking for 2015 and all the funds went to department of education and the
fact that they took over 8,000 and I lost my apartment I'm currently still homeless and I'm also divorced and lost my vehicle to theft and to get even more worse my son was air lifted from school I had to miss work and I lost my job behind the the issues with my son and I don't have a good
credit score because department of education and I was pressing the issues that the school was not accredited by no state and I have to pay for a service that I can't even get a job in the field I went to school for.I don't know what to do honestly
about the filing for 2016 returns cause I was not offered a option to get my money back from 2015 returns cause I was really in the need for my money I worked hard for.
Think of a
credit score as a mathematical formula that takes
facts about your
credit history and spits out a number that's used to assess the likelihood that you'll make payments on time.
Little - known
facts about collections and
credit scores Here's something many, if not most, consumers don't realize
about collections and
credit scores:
In
fact, I don't even worry
about my
credit score, because I don't borrow money in general.
I have being hearing
about the increase of
credit score for a while and i never really paid any interest to it because of my doubts and due to the
fact that i lost alot of money to online scam.
I made my final payment
about 6 months ago and my
credit score has not been damaged in any way by using a
credit counseling service and in
fact it's pretty good!
In
fact, the disparity between a bad and a good
credit score can raise the total loan cost by
about 3 %.
From believing that checking
credit too often is always bad for your
score to assuming that you and your spouse share a
credit history, learn the
facts behind the myths
about...
So, before taking the big leap into bankruptcy, consult a bankruptcy attorney and learn the
facts about how
credit scores treat bankruptcy.
By the way, so long as I'm writing
about credit scores and you're reading
about it, there are some basic
facts you should know.
That said, I actually got into a discussion on Twitter with someone earlier this week
about whether applying for a lot of
credit cards lowers your
score — they were saying it does not, while the
fact of the matter is that every
credit card application you make dings your
score by
about 2 - 5 points.