Comments on: Understanding Your Credit Report http://www.newhomessection.com/blog/understanding-your-credit-report/2009/02/04/ New Home and Home Builder Information Sat, 21 Nov 2009 09:07:31 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Engel@background check http://www.newhomessection.com/blog/understanding-your-credit-report/2009/02/04/comment-page-1/#comment-32757 Engel@background check Thu, 17 Sep 2009 03:02:18 +0000 http://www.newhomessection.com/blog/?p=1626#comment-32757 Yes, we have to always be aware of our own credit scores or credit standing because lenders and financing companies base your capability of paying through those records. Just remember to get your credit reports from trusted companies. Yes, we have to always be aware of our own credit scores or credit standing because lenders and financing companies base your capability of paying through those records. Just remember to get your credit reports from trusted companies.

]]> By: Sam@credit report http://www.newhomessection.com/blog/understanding-your-credit-report/2009/02/04/comment-page-1/#comment-16506 Sam@credit report Thu, 21 May 2009 14:43:29 +0000 http://www.newhomessection.com/blog/?p=1626#comment-16506 This article makes it clear why we should understand a credit report. Getting credit report is very easy but we have to understand why it is important and why the lender is interested in it. Thanks for the nice article. This article makes it clear why we should understand a credit report. Getting credit report is very easy but we have to understand why it is important and why the lender is interested in it. Thanks for the nice article.

]]> By: mike g http://www.newhomessection.com/blog/understanding-your-credit-report/2009/02/04/comment-page-1/#comment-14868 mike g Tue, 05 May 2009 21:28:01 +0000 http://www.newhomessection.com/blog/?p=1626#comment-14868 It is time to restore your credit score when you begin to find it tough to get your credit applications approved. In truth, the best thing that you would have done is attempting to maintain a good credit rating. But if you end up with a low credit score, it is not the destruction of the world. There are ways in which you may yet be able to fix it up. But doing so would take a lot of effort and may take some time. A person’s fiscal account is the best means for lenders to verify if an applicant is a suited candidate for a loan. Creditors don’t wish to chance rendering a lot of money to someone who is unlikely to repay their debt. It is time to restore your credit score when you begin to find it tough to get your credit applications approved. In truth, the best thing that you would have done is attempting to maintain a good credit rating. But if you end up with a low credit score, it is not the destruction of the world. There are ways in which you may yet be able to fix it up. But doing so would take a lot of effort and may take some time.

A person’s fiscal account is the best means for lenders to verify if an applicant is a suited candidate for a loan. Creditors don’t wish to chance rendering a lot of money to someone who is unlikely to repay their debt.

]]> By: mike@credicardsite http://www.newhomessection.com/blog/understanding-your-credit-report/2009/02/04/comment-page-1/#comment-12908 mike@credicardsite Tue, 14 Apr 2009 02:22:13 +0000 http://www.newhomessection.com/blog/?p=1626#comment-12908 I honestly think they put more than 30% weight on the amount you owe ratio. I've found its impossible to pass a fico score of 740 if the debt ratio is above 50%. I honestly think they put more than 30% weight on the amount you owe ratio. I’ve found its impossible to pass a fico score of 740 if the debt ratio is above 50%.

]]> By: frank http://www.newhomessection.com/blog/understanding-your-credit-report/2009/02/04/comment-page-1/#comment-9156 frank Thu, 26 Feb 2009 01:55:27 +0000 http://www.newhomessection.com/blog/?p=1626#comment-9156 Thanks for the post because It's very important to understand the credit report. It's even more important than credit score. Because when lenders want to loan someone, they ultimately look at his/her credit report. Credit score is just for a quick look so having a clean credit report certainly helps in a getting good rate and terms on any kind of a loan. Thanks for the post because It’s very important to understand the credit report. It’s even more important than credit score. Because when lenders want to loan someone, they ultimately look at his/her credit report. Credit score is just for a quick look so having a clean credit report certainly helps in a getting good rate and terms on any kind of a loan.

]]> By: KG http://www.newhomessection.com/blog/understanding-your-credit-report/2009/02/04/comment-page-1/#comment-8887 KG Thu, 19 Feb 2009 06:10:24 +0000 http://www.newhomessection.com/blog/?p=1626#comment-8887 I agree maintain a 30% to 40% credit utilization will get you a good credit score. Those individuals that have an excellent credit score usually are around 10% to 15%. This will help you get an even better interest rate. <abbr><em>KGs last blog post..<a href="http://www.creditscoreinsight.com/credit-score-scale" rel="nofollow">Credit Score Scale</a></abbr></em> I agree maintain a 30% to 40% credit utilization will get you a good credit score. Those individuals that have an excellent credit score usually are around 10% to 15%. This will help you get an even better interest rate.

KGs last blog post..Credit Score Scale

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