So many myths surround credit and credit scores, no wonder so many are confused. For this reason I have started this blog for accurate information for everyone to understand their credit, scores and how to bring them up or keep them up. All questions and input welcomed. If you post it make sure its fact not fiction.
Monday, December 1, 2008
Scoring for Your Credit!
How does a creditor decide whether to lend you money for such things as a new car or a home mortgage? Many creditors use a system called "credit scoring" to determine whether you are a good credit risk. Based on how well you score, a creditor may decide to extend credit to you or turn you down. The following questions and answers may help you understand who gets credit, and why. Get the questions and answers and your "DIY" Do It Yourself Credit Repair Kit at http://www.credithelp21.com/
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