Credit Score

"Upgrade Your Credit!"

Click here to receive this free guide instantly by e-mail (delivered in seconds).

Credit Files

If you have ever applied for a credit card, insurance, a loan or employment, there is a file created about you and a credit score assigned to you.

This file contains information on where you work and live, how you pay your bills and whether you've been sued, filed for bankruptcy or had a foreclosure.

Credit Bureaus

Consumer Reporting Agencies, better known as credit bureaus, gather and sell this information to creditors, employers, insurers and to many other independent private corporations.

Credit Scoring System

Your credit score, in conjunction with your credit report, is a large determining factor in a creditors decision to grant you credit.

Privacy

The Fair Credit Reporting Act (FCRA) was designed to ensure your privacy for the information used in consumer credit reports.

Frequently Asked Questions

Q: What is a good range for my credit score?

A: Usually, a good range is between 620-900.

Q: Can I raise my credit score?

A: Yes.

Q: What factors determine my credit score?

A: Some factors include:

a. Payment history

b. Derogatory items on your credit report.

c. Amount owed

d. Available credit per current creditor

e. Number of recent inquires into your credit

f. Number of credit lines

g. Years you have established credit

Q: I heard that my length of employment, occupation, age and salary were all factors

in determining my credit score?

A: Lenders may consider this information. But for credit scoring purposes, they are

not relevant, except for age. Where as other types of scores may consider age,

FICO scores do not.

Q: How can I receive my credit score, raise my credit score and also receive more

information on the credit scoring system?

A: Click here.

Q: How can I ensure that my credit report is accurate and updated correctly on a

regular basis?

A: 25% of all credit reports contain inaccuracies and errors. For more information on

how to prevent these errors and inaccuracies that are made by credit bureaus and

creditors click here.

Additional Information

For more in depth information, including sample letters, forms, tips and step-by-step detailed information, click on the free publications link below.

Helpful Information

Free publications

Seminars

Why should I verify my credit report?

What does my credit report contain?

Credit and divorce

Credit repair scams

Credit card industry secrets

Site map