Tony Banks asked: If there’s any one particular thing that many consumers want other than increasing their score and cleaning negative accounts from their credit report, it is the need to know what the reporting agencies use to churn-out the figures on their reports.A step by step approach will do here. FICO represents Fair Isaac [...]
Divya Mishra asked: How many loan applications need to be rejected before you finally realize that you have to do something to fix credit score? There are many persons who have absolutely no idea why their loan application often gets rejected.They adopt an – I do not care – attitude and end up with a [...]
Peter Nisbet asked: The importance of getting your free credit report cannot be overemphasized. In the current economic climate, with such a strong squeeze on credit, everybody’s credit rating is at risk, and even if you think you have a premium credit score, you might be in for an unpleasant shock. People are getting such [...]
Stephen Lawson asked: A credit report plays a crucial role in approval and denial of your loan application. As before approving your loan applications lenders analyze and verify your credit report to judge your credit worthiness. If they find your scores and credit satisfactory only then your application is approved and otherwise it is rejected. [...]