What Factors Determine Credit Crating?
Sunday, January 31st, 2010Why is it important to know how your credit score is calculated? The primary reason to know and understand how your credit rating is calculated is to help you learn what actions to take or avoid in order to keep your rating as high as possible. If your credit rating is low, understanding how the [...]
How Foreclosure Affects Your Credit Report
Thursday, November 6th, 2008improve credit scores This year, 5.5 million homes went into foreclosure proceedings and 5.5 million Americans will lose their most valuable assets, their equity and their self esteem. Following a foreclosure, one’s credit report is marred for seven years or longer, even if there was clear credit before that incident. One instance of foreclosure will [...]