Buying a property or a self-owned residence is one of the top priorities for most people. It not only serves as insurance for their old age but also doubles up as a sound investment. Although a lot of money is needed to buy a property, most people usually have to take a loan or mortgage…
Credit Profile, Score, Appraisal: If you are thinking of taking a home loan, these are important terms that you would need to know more about. What is a Credit Score? All credit active people have a profile. It is a summary of your history with each credit provider you have ever transacted with, and serves…
Many small business owners struggle with obtaining business finance, and there is nothing unusual in that. Getting business loans for small businesses, such as retailers, restaurants, garages, etc., from a bank is not as easy as it sounds. However, this is not to say that obtaining a business loan is not possible. It all depends…
Most people don’t pay much attention to their credit score, which is easy to do when you’ve always been able to pay your bills on time and not get into debt. But even the most responsible consumers can be hit by unforeseen circumstances like job loss or medical bills. Credit cards may be able to…
Do you know Fair Isaac? The Fair Isaac Company is the creator of the FICO score: that little three-digit number that governs your ability to get a good rate on your credit card, mortgage loan, or car loan. It affects your car insurance, home insurance and even your ability to get a job. how can…
A good CIBIL score can help you achieve many goals in your life with ease. Whether it is the dream home you are planning or the dream vacation you have been longing for, access to credit can ease the process to a great extent. On the other hand, a poor CIBIL score can make accessing…
Most of us Pinoys from the middle or working class already have a credit card or have personal loans. But have you ever wondered what categories credit card companies and lending agencies go through whenever they are approving or rejecting a loan or credit card application of an individual? The Credit Management Association of the…
Renters with poor credit scores need not panic when looking for Albuquerque apartments. Small apartments usually don’t ask for a credit report. Even with other apartments, by proving your ability to pay the rent on time, you can find a good apartment for rent in Albuquerque. Albuquerque is the largest city in New Mexico, the…
The main credit score used in the business world is known as the Paydex score provided by Dun and Bradstreet. This number measures the credit risk of a business in the same way that a consumer credit score reflects a consumer’s personal credit risk. Paydex is essentially the business equivalent of your personal credit score….
There is a lot of information available regarding your credit. But what exactly does your credit mean? In this article I will discuss three categories. First is your credit score, second is your credit report, and third is your complete credit report with all 3 scores. Your credit score is so important these days, that…