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Credit Scores

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Privacy Guard Review Privacy Guard  is a company that offers credit reporting, credit monitoring as well as an identity protection service. They have a vast number of resources and assistance available to help consumers who want to monitor their credit and their identity consistently. They can monitor anyone who is trying to use someone’s credit fraudulently and will alert the user if someone is trying to sell their information. While the service is helpful, it…

Credit scores range from 300 all the way up to 850, so a credit score of 730 is certainly considered “good.” However, it’s still too low to be considered “excellent.” Prior to the recession, a score in the upper 600s was good enough to get a prime mortgage rate or auto loan. But in the post-recession era, you’ll want to raise your credit score a bit higher if you want to get super prime, or the best,…

It may seem strange that paying off debt will help your score improve, because your credit score is based on your levels and types of debts, but it is true. Reducing your debt can help you get better mortgage rates and interest rates on auto loans. If you’ve got a 725 credit score, that’s not bad at all–but it could be better since the highest score which you can achieve is 850. You’re still 125…

Before the financial crisis hit, 720 was considered a good enough score to get the best rates on auto loans and mortgage rates. While 720 is not a bad number, the highest credit score is 850, you can raise it up to a higher number like 760 which is the new number that lenders are looking for before giving customers the best rates, according to a report at MSN Money.  This Guide is Also Relevant to Individuals…

If you’ve got a 715 credit score, you’re doing pretty well and it’s by no means a bad credit score. When you go to take out an auto loan or check around for the lowest mortgage rates, you’ll be able to get a good rate, but not the best.  This Guide is Also Relevant to Individuals with scores 714, 713, 712, and 711. Nearby credit scores such as these will be able to benefit from this article. Before the recession, the…

Credit scores are important for people who are looking to get a loan such as an auto loan or get a good mortgage rate. Your credit score will affect your mortgage rate, causing you to have a higher interest rate if you have bad credit. In the grand scheme of things, a 705 credit score is good. Typically a score 700 or above is considered good since most people’s credit scores fall in the 600-750…

When you are considering whether or not your credit score is ‘good enough’, you need to take into account the changes in the financial industry that have recently taken place. Since the near-collapse of the housing market and the changes in the credit card industry, lenders and creditors are a lot more careful about their risks when passing out money. This article is appropriate advice for credit scores of 709, 708, 707, and 706. Changes…

Maintaining a credit score of 700 is a good starting place but you must consistently do what is necessary to ensure your credit score does not drop lower but rather gets better over time. There is certainly no quick and easy fix to improving credit scores or recovering from past mistakes. It takes time and effort on behalf of the consumer to make sure credit histories are stable and credit scores stay high. 710 Credit…

There are different types of credit scoring models used by lenders. The credit score helps a lender predict how likely it is that an individual will repay the money they borrow. Whether or not a 670 score is considered “good” will depend on the lender and the type of score being used to assess an individual’s risk level. The FICO credit scoring model is the most commonly used by lenders. The score is used to…

Of all home mortgage products, an FHA loan is one of the easiest to qualify for. FHA loans are more flexible than other home loans, require less than 5% down payment, and help many people qualify for mortgages who could not otherwise qualify. The loan requirements involve showing your ability to pay for the FHA mortgage, and having at least the minimum credit score needed for an FHA loan. General FHA Loan Qualification Requirements The…

Your credit score is a three-digit number which has a significant impact on all areas of your financial life. This number will determine whether or not you are approved for a loan, mortgage, lines of credit and credit card accounts. Lenders look at your credit score to gauge their risk level when considering a request for credit. The higher your score, the higher your chances of becoming a borrower. Your credit score will also affect…

A credit core of 750 is considered a great credit score by all lenders. The majority of lenders rely on the FICO credit scoring model when determining whether or not to extend credit to an individual. If you have a credit score of 750 or higher, you will get approved for almost any financing you apply for and receive the best interest rates available. Earning a 750 credit score is not easy, and lenders realize…