You might be wondering why you have a lower FICO credit score than you think you should have. Your lower FICO score could simply be caused by a credit bureau clerical error or due to an oversight you have made yourself. At the same time, it could be criminal activity affecting your FICO credit rating. How can you find out?
Here are my 5 tips that can clean your credit file and keep your credit safe from on-line and financial predators.
1. You can easily spot errors and inconsistencies if you check your credit report and FICO score on a regular basis. At a minimum, you should do this once a year. Better yet, do it three times a year or sign up with a credit monitoring service to check it for you. You may be required to pay for your FICO credit score with each credit bureau, too. Do it. It’s a small additional fee though some offer one price for everything.
Read your report closely and, if you notice anything questionable or anything you don’t recognize, such as a credit card you did not open, report it immediately to the credit bureau.
While some entries may be caused by clerical mistakes made at the credit bureau, others could be an indication that someone has highjacked your identity. Whatever the case, such entries have likely hurt your credit score and fixing them should improve your credit score.
If you think you have been the victim of identity theft or there are clerical errors, take action at once.
2. Contact the three major credit bureaus – Experian, TransUnion, Equifax – and ask to speak to someone in the fraud department. Do this by telephone, not email, not by regular mail.
Tell them you believe you are the victim of identity theft and tell them why. If they agree, ask that a ‘fraud alert’ be placed on your file until your file can be cleared. An alert shows anyone, even potential employers, looking at your report that you may have been the victim of fraud. You will also be alerted any time your credit file is looked at for any reason. This is an important feature because each time your file is accessed, it may be an indication that the identity thieves are trying to get credit in your name.
When a creditor sees that the person applying is not you, they will deny credit to the thief and, in most cases, the criminals will stop trying to use your identity. Fraud alerts initially last 90 or 180 days but you can extend this period to several years by asking the credit bureaus for an extension of the fraud alert in writing.
In some states, you can even ask to limit access to your FICO credit score and credit report. This will only allow you and your legitimate lenders access to your file. In the future, any lenders the thieves contact to set up a new account will be refused access and the thieves will not be able to get any more credit in your name.
You are entitled to a free copy of your credit report if you have been the victim of identity theft. Be sure to take advantage of this offer so that you can check exactly how your credit has been affected. Dispute those items that are not yours.
3. Call the Federal Trade Commission (FTC) at 1-877-438-4338.
This is the fraud information hot line that the FTC has set up to help customers deal with fraud and identity theft. You will be able to get up-to-date information about your rights and advice as to what you can do to improve your credit score and keep it safe in the future. Your local banker also has this information for free.
4. Contact state police.
Identity theft is a crime and you need to file a police report so that you can help them catch and prosecute the criminals responsible. Contacting the police will also give you a paper trail and proof that a crime has been committed so keep a copy of the report. Maintaining a paper trail of the crime and your response will make it easier for you to repair your credit if it has been damaged by identity thieves.
5. Contact your legitimate creditors to warn them and contact any creditors that the identity thieves have opened an account with in your name.
Ask to speak to someone in their fraud department and explain your predicament. As a precaution and to prevent further access by these crooks, you may need to close your accounts or, at least, change your PIN or password to protect yourself.
Creditors may ask you to fill out a fraud affidavit to state that a crime has been committed. Be sure to keep a copy of this form for your records. The creditor’s fraud department representative should be able to advise you as to what you can do to fix your credit with them. Be sure to write down the name of the person you talked with, the date and the time of the conversation, and what they told you. You will need records of the steps you have taken to deal with the crime.
If your credit has been damaged by thieves and you are deeply in debt to creditors you never contacted, you will not be held responsible for the charges if you can prove that you have been the victim of identity theft.
Being meticulous and keeping detailed records that prove you have been the victim of identity theft will help to clear your credit file and raise your FICO credit score. In the meantime, however, you will be faced with a much lower credit rating than you deserve and you may have to put off larger purchases that may require a loan until you fix your credit.
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Not many years ago I found out the hard way that my FICO Credit Score could make my financial happiness or break it. It’s the one credit number that lenders judge us by so I thought I would show you how that number is arrived at. This is not common knowledge so read on…
If you have a FICO credit score of less than 660, you definitely need to develop an action plan to fix it. But, before developing your action plan, you must first know how your credit score is computed. Here are the 5 key areas that make up your score:
1) Over 30% of your FICO credit score is made up of your credit history.
Your history gives lenders a snapshot of whether you have been a poor credit risk in the past. Your past behavior is considered the most reliable guide of how you will manage debt in the future.
Your FICO credit score applies mathematical formulae to factors such as late payment, loan charge-offs, unpaid federal-state-local taxes, bankruptcy, and poor handling of other financial obligations. If you have defaulted in any of these areas, the computation adds up to negatively impact your FICO credit score. While you can’t change the past, you can change the future by starting good credit practices right now.
You know what that means, right? Pay your current bills on time!
2) Another third of your FICO rating is based on the amount of your current debt load.
If you are mired in debt, even though you may be paying your bills, your debt load could make you look like you are living paycheck-to-paycheck and would be unable to take on any more debt. Lenders look at income-to-debt ratio’s to determine if you will be able to pay money back should you get hit with an unexpected financial setback. Lenders allow a margin for disaster to keep their money safe.
Your score will suffer even more if you have borrowed a lot of money or racked up a lot of credit card debt recently. Such activity is a red flag and will impact your FICO credit scoring. If you have available cash, you can off set this by paying down some of those debts as fast as you can.
3) About fifteen percent of the FICO calculation is based upon how long you have had credit. The longer the better will have a positive influence on the scoring calculations.
Lenders can only judge you by your history and the FICO score that represents your history. If you have not managed credit for very long, you may not have enough of a track record to prove to lenders that you will be a good credit risk. And, not having managed credit for a long time can knock some points off your credit score. You can counter this by not closing out older accounts that you intend to pay off. Leave them open. Your older accounts show your ability to handle credit.
4) About ten percent of your FICO scoring is based on the types of accounts in your history.
These are things like charge cards, mortgage loans, personal loans, auto loans, etc. Lenders like to see a mix of financial obligations that you handled well. Making bills for everyday needs that you pay on time, as well as one or two different types of loans, can actually help your FICO credit score. And, having at least one credit card that you manage well can also help your credit score.
The balance of the computation, 15% of your score, is a combination of how you handle your credit overall. This includes how prompt you are when paying your bills. In other words, waiting to pay to the last possible moment can affect your score negatively.
I can tell you from personal experience that it is possible to estimate how much a specific area of your credit report affects your credit score so you can take action. Our score is consistently between 810 and 830 simply because we applied the tips in this article. You should, too!
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You would think that obtaining what your FICO credit score is would be easily found in your credit burea report. But, if you have reviewed your credit report, your FICO credit score is nowhere to be seen. It’s almost as if the credit bureau is hiding it. Well, they are, and they want you to pay them for it. There is an alternative.
For many years, your FICO credit rating was a well-guarded secret known only to bankers and lenders. With the FACT Act, legislators decided that it was important for us to know not only what their personal credit ratings are but how those scores are calculated so we could figure out how to improve them.
The proven company that calculates your credit score is the Field, Isaac Company commonly referred to as FICO. They created the concept of FICO scores as a credit guage. They are the undisputed experts in the industry and are used by the vast majority of lenders and credit bureaus.
Here are some facts about your FICO score that you need to know:
… FICO scores are an accurate snapshot of your credit history.
… Scoring ranges from a low of 300 to a high of 850.
… Most loan companies make decisions based on FICO scoring.
… The higher your score, the lower your interest rate on borrowing.
Just so you know where you stand, the average FICO score in the United States is 723. This is considered acceptable but not outstanding. Our FICO score, for example, is 828 and allows us access to almost any credit we desire. It’s a powerful tool when used wisely.
As stated, FICO scores range between 300 and 850. Here is what this means to you:
… Score over 750: Excellent rating. You will obtain credit easily.
… Score 720 or more: Good rating: You will get credit fairly easily.
… Score 660 to 720: Acceptable rating: You can get loans. You may pay a higher interest rate.
… 620 to 660: Borderline rating: You will make lenders a little hesitant about trusting you.
… Under 620: Poor rating. You are high risk and may need a co-signer to get credit.
You also need to know that FICO scores are generally calculated (by percentage) by looking at your performance in five general credit categories:
1. Your repayment history is 35% of the scoring.
2. The amounts you owe account for 30%.
3. How long, in years, you have had credit is about 15%.
4. How much credit you have applied for and secured is another 10%.
5. The type of credit such as: credit cards, store cards, personal loans, etc. is 10%.
Simply, your FICO credit score is a condensed view of your credit use. Think of it as a judgment of your creditworthiness over the prior seven years of your financial history. Make no mistake, the large majority of financial sources based acceptance or rejection almost entirely on your credit score. This is your Report Card, if you will, of your performance in personal finance.
While you can get a free annual credit report, your FICO score comes at a price. If you want to find out your FICO credit rating, you will have to pay for it.
You can get it from each of the three major credit reporting companies: Equifax, Experian, and TransUnion. But, there is a catch here, too. Each bureau has its own version of your FICO scoring based on the credit history they have on file for you. Each report will be a little different so you should get all three.
Now, their charge is not exhorbitant, usually only $15 or $20 for each. So, if you are serious about increasing your FICO credit score, it will be well worth the small investment to get all three scores with your credit reports. This way you can see what factors need to be corrected in order to fix your credit history and get a higher FICO score.
There is an easier and less costly way to get all three scores. Field, Isaac Company has the only website offering all 3 of your FICO scores in one place for one fee. Or, you can also go to MyFico.com and get your FICO scores directly from them. They will offer you a free 30 day trial membership which will get your credit scores upon signup and then, if you wish to continue the membership, it will update the score as it fluctuates up or down.
There is one other avenue. If you are applying for a home mortgage you will be told your FICO credit score. Sometimes this is offered for free by the mortgage lender! However, just like other lenders, the mortgage broker will also make their decision and apply an interest rate to your loan based on what your FICO number is.
I hope you can see why it’s important to fix your credit history and improve your FICO score to above 750.
Raising your credit score rating to 750 and more yourself is easily done. Get the information you need here ==> credit report with credit score or here ==> low credit scores . Jim DeSantis, Editor, OnLine Tribune.
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Every one faces financial emergencies at one time or the other. You should be aware that it is excruciatingly painful to deal with. However, what if the situation was far worse that you imagined? What if the next payday is in another two weeks? Not to mention if you have bad credit?
Surely you would presume that it is not possible to raise the money at such a short notice and you would likewly assume that lenders will not even think about lending you the money you need because of your bad credit score. Nevertheless, with payday loans, you will see that you will be able to get the cash that you badly require despite your poor credit record.
Almost any one with an income source can qualify for a payday loan. However, in order to get approved for this type of loan, you first need some sort of income or you need to have a job. Obviously, creditors or lenders will depend on your income or your salary in order for ensuring repayment. If you are unemployed, then how will the lenders get their money back with interest?
So, you should have a job. The second step is actually applying for the loan. After that, all you need to do is wait, get the approval and see the money in your bank account.
You also need to keep in mind that there are also many different schemes offered by various lenders. Some loans can be paid in as little as one payday, while there are some that can go as much as five paydays or even more. Make sure that you choose a repayment plan for this type of loan that you are most comfortable with.
Always keep in mind that if you repay the loan earlier, you will need to take out more money from your salary. But, if you repay the loan in a longer repayment plan, then you will end up paying a lot more interest plus the principal. So, choose the repayment plan that you are most comfortable with. Which are, one that will not squeeze your salary dry, and one that will not leave you paying more money than you borrowed.
Although it is always good to have a good credit rating, but,it is not a must in this type of loan. Since lenders secure themselves with a post dated cheque with pay day in mind, they will be sure that they will get their money back with interest. So, for them, the risk is low.
Also, because the payment for the loan will be automatically deducted from your salary, you don’t need to worry about forgetting about it. So, the risk is also very low for you. The only thing that you should be worried about is that your payday will be delayed because of unavoidable circumstances.
One must be aware of all these issues. Having considered that, you can expect to get the money required by you in a moments notice. Processing of payday loans, is much more simple, quicker, and a lot easier than many other types of loans. Even if you have bad credit, you can still get much needed funds if you opt for payday loans.
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Your Credit Score is one of your biggest financial assets. If your credit score is high, your borrowing rates will be low and therefore save you hundreds of dollars. The big mystery is how to maintain a high credit score. Well if you want to either maintain or repair your credit score, you are in luck, it can take as little as two months to raise your credit rating.
Your credit score is based on a few prime factors, there is no particular order in which I will discuss them (Some of them have higher weights in regards to the score). Repayment history, current debt owed, recent credit checks, and registered income (there are other factors as well). In order to repair or raise your score you may follow a few of the steps provided below.
1.) Pay off all revolving credit cards. Revolving credit cards are like Discover card or any other monthly credit cards. Even though you might pay before the deadline, credit card companies report the debt owed on a monthly basis which may be before the deadline. On your credit score it will not show as bad debt, but it will decrease your overall score. The standard recommendations are as follows. If you have one credit card, pay it off before the months end. Second, if you have two credit cards, pay the minimum on both of them and work on paying in full one of them first.
2.) Registered Income. This is your official salary from work. Basically the numbers they crunch are matched with what you earn. If you debt is larger than what you earn, your credit score is lowered. So, if you are an independent contractor or your income is just a little too low get a part time job. This will rise your potential earnings and increase your ability to repay your debt and therefore increase your credit score.
3.) Check your credit score online with one of the official companies to see what or why your credit score is the level it is. This will help you determine what you can really do to increase your credit score.
4.) Do not apply for every car, credit card, and home that you are looking at as an eager consumer. Because every time you try to purchase a home, car, or get a new credit card your credit score is checked and the crediting agencies lower your score if you have had two or three credit checks withing a few months of each other.
5.) Lastly, open a savings account and budget your money accordingly that you will always have extra cash to help in times of need.
Protect your credit score because it can mean everything when buying a home or trying to get some capital for whatever purpose you need it for. It is not hard to raise your credit score, it is hard to maintain it. If you can purchase a credit score monitoring service, it will protect you from fraud and help inform you of ways to increase your credit score when needed.
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Businesses today are increasingly making use of business credit cards to transact, both as vendors and as buyers. This trend in spite, there are still a number of vendors who do not accept business credit cards from their business clientele. The truth of the matter is that if such a vendor wishes to achieve higher trading volumes and increase its client base, accepting business credit cards changes from being an optional, to a must.
Accounts receivable is not only a nasty trap, but also creates a vicious cycle. Vendors that do not accept business credit cards, often agree to extending credit to their clients in order to retain their custom. Although this may be a necessary business practice, it does place unnecessary strain on the business’ finances: Unnecessary, because by accepting business credit cards, you can retain your clients and mitigate your cash flow risk at the same time.
The benefits of accepting business credit cards are numerous and include:
Boost Your Sales: When your clients are in a position to purchase what they want immediately, most of them will. When they make that immediate purchase, your sales are boosted. A simple browse – either in your store or on your web site – may turn into a profitable visit if you enable your clients to make payments with their business credit cards.
Bolster Your Cash Flow: Many merchants who do not have sufficient cash flow with which to support growth, may be victims of high accounts receivables. One of the quickest ways to free your business from this trap is to start accepting business credit cards. Stop billing your clients and start billing their banks instead! When you accept business credit cards, the revenue from the sale will reach your bottom line much sooner than accounts receivables would.
Put Smiles on Your Clients’ Faces: Clients obtained their business credit cards for a variety of good business reasons and will want to use these. Don’t allow your clients to find alternative suppliers purely because your business is not able to process business credit card transactions. When business clients are searching for a supplier, and they want to pay by means of their business credit cards, they will search until they find a supplier who does. Accepting business credit cards places you in the running for their business – and that is a good place to be!
Put Smiles on Your Financial staff’s Faces: Your accounting department will be very happy when you decide to accept business credit cards as payment for purchases. They will be freed from the hassles of paperwork and the headaches of collecting all your accounts receivables on time. If one compares the collection of outstanding accounts from many of different clients to collecting from the relatively few merchant services that issue business credit cards, the latter is a walk in the park.
Accepting business credit cards may be necessary to enhance and grow the business relationship you enjoy with your clients. It affords your clients the opportunity to make use of their preferred method of payment and liberates you from the accounts receivable trap at the same time.
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Affinity cards are a special kind of credit card which are linked into the cardholder’s lifestyle in some way, offering benefits of a more personalized nature than the typically available 0% balance transfer offers and the like. Examples of affinity programs are charity credit cards, where a donation is made to a particular charitable organisation whenever the card is used, or a travel rewards card which lets you build up points which you can redeem against a hotel chain or airline which you use frequently.
A further type of affinity card is becoming more and more popular: the sports team affinity card, aimed at supporters of a particular football team or other sporting club.
The most obvious difference between a sports card and a normal one is in the actual appearance of the card, which will generally feature the logo or badge of the team chosen. This in itself is a desirable feature for many fans, as it’s a very visible declaration of your allegiance to your team, and is sure to attract comment from other fans.
Perhaps the most important aspect of sports affinity cards is a financial one, however. In much the same way as charity credit cards work, a sports card lets you contribute to the financial wellbeing of your team with no direct cost to yourself. A small percentage of everything you spend will be donated by the card issuer to the team linked to the card account, and while this may amount to only a small sum in the case of individual cardholders, the money involved can mount up quickly if thousands or tens of thousands of people regularly use the card.
In many cases, the money raised by starting a sports affinity card program will be used by the team involved to fund the longterm health of the club, often by investing in youth academies and development. This means that by using the card for regular spending, you’re helping to secure the success of your team well into the future.
Not only can your card use benefit your team, it can also feature attractive personal benefits such as discounts on club merchandise, a rewards scheme where you can build up points to offset against the costs of buying tickets, or even priority access to big games, depending on the specific card involved.
So, are there any downsides? Like all credit cards that offer some sort of tempting carrot to entice people to apply, the benefits offered need to be paid for somehow, and this is usually in the form of a higher standard APR or interest rate. It’s unlikely that you’ll find an affinity card of any variety listed in the ‘best value’ or ‘lowest APR’ tables. If you use your card for borrowing rather than simply as a convenient payment method, the sports-related benefits may well be overshadowed by the increased costs of the card.
Having said that, unless you’re planning to carry a substantial balance on your card from month to month, the headline interest rate is perhaps not as important to you as the fact that your card will be showing your support for your team both visibly and financially.
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“Christmas Time, Mistletoe and Wine” How many times have you heard this so far and its only November? A few I’ll bet, but with Christmas seemingly becoming earlier to us each year, we will no doubt feel the need to get ahead with our present and food buying. This though only leads to us spending more than we should. This is because with the shops full of decorations and Christmas tunes, the stores are dictating to us that we have to buy our gifts now, which will mean by the time December has come and gone. We would have spent more over the 2-month period that the shops have been full of Christmas cheer.
This is not all bah! Humbug.
Personally for the occasion alone and seeing the kids faces when they open their presents on Christmas morning, as Christmas is a special time of year that for the day makes all the preparation and spending all worth while.
But that doesn’t mean that it comes without cost and in some cases more of a cost than folk can ill afford. For all of its pomp and occasion, Christmas can come at a heavy price to bear for a lot of people who, rather than let their children and family down, will turn to the promise of riches that credit cards and store cards offer.
Don’t get me wrong, credit cards and even store cards, have their uses. This is only true though, if you only use them to your advantage, to get the best out of them. If you are thinking of taking one or the other, then the only suggestion that I can make is to plump for the credit card, over the store card.
We all want to enjoy this time of year, so by getting all that you want to do this and in doing so, save cash and not to fall heavily into debt, will make the festivities all the more enjoyable. So by giving you a few advantages and disadvantages, which credit cards and store cards entail, will hopefully go a long way on helping you make the right decisions.
Firstly the advantages of credit cards:
• More favourable interest rates than a store card.
• Many offers on the market, which are giving you an interest free period.
• Some come with money back schemes that give you a percentage of your expenditure back to you. (Usually between 0.5%- 2%)
• Will protect your gifts, as soon as you have bought them.
• Lets you buy now and pay at a later date, only on what you have spent without incurring any interest charges.
Now the disadvantages:
• Can lead you to spend more than you can afford to pay back, which in turn will lead to the interest being charged to your account.
• They can come with a heavy hit in the pocket, with charges for late payments and going over your credit limit.
Advantages of the store card:
• Can use them as soon as you are accepted for the card.
• Initial discount (normally 10% off you first purchase) will give you a saving straight away.
Disadvantages:
• Overly high interest rates, which are well above those of a credit card. Some can be as much as 30%.
• Can lead you quickly to debt, if they are not cleared at the end of each month.
• Sold to the customer, by assistants who know absolutely nothing about what they are selling.
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Credit cards have nowadays insinuated themselves into all corners of our lives, and it is rare for an adult these days to not carry at least one card. As well as being used in the traditional manner to buy goods or services in person, they are also now used online, over the telephone, for writing checks, and even for withdrawing money from cash machines. People use them in all sorts of ways – as a means of borrowing, as a convenient payment method, and even for earning money through cashback or reward schemes.
Despite their ubiquity in modern life, credit cards have a fairly short history, with the first general purpose credit card being introduced less than fifty years ago. In this article we’ll look at the origins of credit cards, and then at how they’ve developed over the years with the emphasis on the United Kingdom market.
The very first credit card was launched by Diners Club in 1951, and was limited to use in twenty seven New York restaurants. It wasn’t a huge success initially, with only 200 cards being issued. The real story of credit cards began in 1958 with the introduction of two major new products. The first was the American Express charge card, which boasted over a million users within five years of it being launched.
The other innovation was the first example of what we now recognize as a credit card: the Bank Americard, a general purpose card developed by Joseph Williams while working at the Bank of America. Over time, this card was to develop into the Visa company that we know today. Eight years after the introduction of this card, fourteen U.S. banks formed an alliance to launch a rival to the Bank Americard, named Interlink, which was to evolve into the Mastercard payment processor by 1979.
The first UK general card was launched by Barclays Bank in 1967, and their Barclaycard is still one of the most popular and widespread cards forty years later. In 1972, four other UK banks joined forces to launch the Access card in competition with Barclays, and for the next decade or so this remained the status quo.
It was during the 1980s that the credit card industry began consolidating behind the two big processors that had evolved into their current form by this time, Visa and Mastercard. Banks dropped their own processing facilities, and began to issue cards that could be used at any outlet that supported these two main payment processors. It was this move that led to the great expansion in card use, as they could now be easily used almost anywhere in the world.
The next major change to the industry was the revolutionizing technology of the internet, allowing purely online cards such as Egg in the UK to offer attractive benefits to the cardholder at low cost to the issuers. Competition between lenders quickly heated up, and features such as balance transfer offers began to appear.
Balance transfer deals allowed cardholders to move their debt from card to card and avoid paying any interest on it almost indefinitely, or so it seemed. Unfortunately, this ruse of ‘credit card surfing’ couldn’t last as it was costing the credit industry billions every year, and so a balance transfer fee was imposed which made it much less attractive to cardholders.
The last major change in the credit card industry has been the introduction of Chip and PIN technology which has cut card fraud substantially by requiring payments to be approved via entering a code number rather than relying on a signature. The technology began to be rolled out in the UK in 2004, and is now fully in use across the country.
What’s next for credit cards? Only the issuers know, but with record levels of debt many people are reluctant to apply for new cards, and so we’re likely to see more attractive features becoming available to new applicants as credit companies compete for the shrinking amount of business available.
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If you’ve ever experienced financial problems in the past then the chances are that any mistakes you’ve made (whether you know you’ve made them or not!) will be recorded on your credit record. In many cases these mistakes will occur as a result of financial problems you may have experienced – but often you can get a bad credit history without really doing anything wrong.
The majority of problems that will give you a bad credit record will happen if you have problems managing your finances. So, if you miss a credit card payment, default on your mortgage, are declared bankrupt or are given a CCJ (county Court Judgement) against you for one reason or another then this will all show up on your credit rating, for example. These kinds of issues will all count as negatives.
But, other issues can give you bad marks on your credit rating. For example, simple factors like your marital status and whether you have children can give you plus or minus points. The fact is that it isn’t just what you do with your money that comes up on your credit rating – you can have a rating that is less than perfect from a lender’s point of view even if you have never had a financial problem before in your life!
But, there is a key issue here – no matter where your bad credit rating came from. If you have a less than perfect credit score then you look less attractive to lenders when it comes to taking out loans and other forms of finance. The first thing that the majority of lenders will do when you apply for a loan is to look at your credit rating – if they don’t like what they see then they could well turn you down flat. And, things could then go from bad to worse as every rejection that you get when you apply for finance also goes on your credit rating!
Luckily, most lenders will take a better view of bad credit ratings now than they may have done in the past. And, if you find that a mainstream lender won’t deal with you on this basis, then you need to remember that you do have other options when it comes to taking out loans. There is now a whole sector of the lending industry that solely specialises in working with consumers with bad credit so it may be that these specialists will be better placed to help you out.
One last tip – don’t let your bad credit rating cause you further financial problems. Some bad credit specialists have muscled into the market with high interest rates and deals that are not as good as they could be. But, there are hundreds of reputable lending sources that you can work with – the key is just to find them. This is made much easier nowadays if you online to compare rates and deals. Your key aim here is to get the lowest interest rates and the fairest deals you can – after all, you don’t want to make a bad situation worse!
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