Teach Your Teens About Credit and Reports

Posted by Ben Thu, 16 Jun 2005 17:15:00 GMT

by Lois Center-Shabazz
Copyright © 2005

We are failing our children in one of the most important areas of life. But, if more parents and schools understood the significance of credit reports and early credit education, that could be fixed. The credit failures and bankruptcy rates in the United States would decrease dramatically.

Read more...

Posted in Credit Report, Credit | no comments

What is a credit score?

Posted by Ben Fri, 11 Jun 2004 16:31:00 GMT

A credit score is a sum used by lenders as an indicator of how likely you are to repay your loans. Your credit score is generated by a mathematical formula utilizing the data from your TransUnion, Equifax or Experian credit reports. Lenders have been using credit scores as part of the lending decision for over than 20 years.

Read more...

Posted in Credit Report, Credit | no comments

Older posts: 1 2