Tony Banks asked: Transunion is one of the three main credit reporting agencies. The other two are Experian and Equifax. Each of which sell their version of your files to lenders that you are looking to do business with. In this article I want to give you an idea of how long it takes to [...]
Matt Triplett asked: You can’t fix a problem until you know what it is right. A majority of all Americans have never ordered their own report and half of those have never seen their own report. The scary part about that is according to studies 79% of all credit reports have errors and 25% of [...]
Jim Banks asked: You probably know already how your credit score is calculated. Things about you like payment history, available credit, and existing debts are all factored in. Credit scores used to be a top secret number and only lending professionals were allowed to take a peek at it. The most widely applied credit score [...]
Josh D Paul asked: Credit scores are important indicators of creditworthiness. Lenders use these numerical values to assess risk before extending credit or financing terms with applicants. These scores will often determine the interest rates available and whether or not they’re favorable.The most widely used type of credit score is one that is calculated using [...]
Barbara E Hill asked: Before agreeing to be a co-signer or co-borrower with ANYONE, including family, friends or acquaintances, be aware that doing do obligates YOU to pay the account on the loan, bill or whatever it might be, if the BORROWER doesn’t pay. That’s what being a co-borrower or co-signer means. Any number of [...]