Posts Tagged ‘Financial Institutions’

Are Your Credit Scores Really Free?

Gerald Shaw asked: First things first: What is credit score? A credit score is a number that will be used to gauge your credit worthiness. These important numbers can be taken from your credit reports filed by the credit bureaus. This is vital information in your files as this will be the determinant if you [...]

Credit Cards: Frequently Asked Questions

S. Lieberman asked: What Are The Differences Between Unsecured And Secured Credit Cards?A secured card is a credit card that a cardholder “secures” with a deposit to ensure payment of the outstanding balance if the cardholder defaults on payment. Secured credit cards are targeted to customers with imperfect or limited credit histories who do not [...]

Why Your Credit Report so Important to You?

Mark Aucamp asked: What’s in your credit report?Credit references agencies – the largest in the UK is Experian – collate information about your financial background and past behaviour and format this data into your unique credit report.Lenders see this information when they decide whether or not to offer you a loan, mortgage or credit card. [...]