Posts Tagged ‘credit history’

Enticed by the American Dream, many people engage in finding a suitable road that can get them to the desired destination. Some routes are long and bumpy, often lacking sufficient lighting, and filled with tollbooths, twists, and turns that threaten a safe and timely arrival. On the road to homeownership, it pays to be a successful renter. Studies demonstrate that making timely rental payments, complying ... Full story

Tanisha only wanted to rent an apartment for herself and her two children. Little did she know that a history of not paying her utility and credit card bills  would make her search so difficult, ultimately forcing Tanisha to live in a much less desirable neighborhood. Jonathan had everything going for him at an interview with a prestigious insurance company. References, his degree, and a couple ... Full story

y Thom Fox It’s important to realize that if your credit score is poor, it won’t necessarily remain that way forever. Credit reports and scores are very time-sensitive items, and they merely represent a snapshot of your credit profile at any given point in time. Your score from three months ago is probably not the same score a lender would get from the credit reporting agencies ... Full story

by Thom Fox Lenders review a variety of information whenever they need to decide whether a consumer loan applicant represents an acceptable level of risk. In this process, lenders review one or more credit scores. A credit score is typically a three-digit number that tells a lender how likely an individual is to repay a loan, and whether that person’s payments will be made on time.  FICO ... Full story

by Thom Fox Most of us do not strive for bad credit. Layoffs, illness, divorce, and unexpected expenses are not things we plan on or look forward to, but they happen. If you have gone through a financial hardship and your credit rating has suffered, what should you do? Fortunately it is not incredibly difficult to reestablish a good credit history. One of the easiest ways to get ... Full story