It’s the Credit Score Stupid!
July 28, 2010 12:01 pm Leave your thoughtsCreditworthy firms are not the problem per se, its depressed credit scores. Compounding this is the fact that lenders have raised their credit score qualifying requirements.
Creditworthy firms are not the problem per se, its depressed credit scores. Compounding this is the fact that lenders have raised their credit score qualifying requirements.
Credit reports have lots of information about your credit history. As with anything so complex and full of data, the credit report is not easy to read or understand, let alone find an error.
The insurance industry uses your credit report to calculate an insurance score to help determine underwriting risk and possible sudden financial stress that might lead to insurance fraud.
Creditor remarks can give you valuable insight in to how your creditors are handling your account. Certain remarks from creditors can affect your credit score and other remarks won’t.
One of the most important things for Americans is to control our credit and protect our identity. It is entirely our individual responsibility.