Credit Tips

Credit Report

A credit report is a history of a person’s credit. It is used to determine if a person can handle credit and should be allowed to have more.

Credit Score

You credit rating is represented simply by a credit score. A a good score can make a difference with lower interest rates. A credit score is what lenders use to determine whether or not they want to lend you money.

History of Credit Scores

Credit scores came into wide use in the 1980s. Prior to that, human judgment was the only way to decide who received credit.

How To Improve Your Credit Rating

The FICO score, which is the most common method for determining your credit score. Here are few factors that can contribute significantly to the determination of a credit score.