Ben S Douglas asked: TransUnion, one of the “big three” credit reporting companies, compiles all the information they receive from lenders into your credit report. As a credit bureau, TransUnion keeps credit history about you including your address, payment history, employment, and other personal information. Whenever you apply for any type of credit, a lender [...]
Hector Milla asked: Less than 1% of U.S. resident have a perfect rating. If this is your goal, you need a FICO score of 850.Agencies assign scores based your financial history. In particular, they evaluate how many accounts you have, the type of debts you owe, the age of your accounts, frequency of late payments, [...]
Helen Hecker asked: Assuming you already have a copy of your annual credit report you may have already found some errors that should be removed. Errors should always be a big concern because they can and probably have affected your credit score, also called a FICO. You can repair your credit with a little bit [...]
Helen Hecker asked: Of course you don’t want to make any late payments on your credit cards or loans and affect your credit report and score unless you absolutely have to, but what happens if you’re unable to avoid it? It all depends on whether you’re 30, 60 or 90 days past due. If it’s [...]
B asked: My lowest score of the three bureaus is 590…which is basically very bad…… The main thing that drove down my score is late payments to my credit card 90 days late and one for 120 days late…. I also had a couple of things go into collections, which I payed off entirely along [...]