The Cynical Economist » Blog Archive » Cheaper Mortgages Spark ...

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Banks, including Citigroup Inc., JPMorgan Chase & Co. and Bank of America Corp., report the loan modifications to credit bureaus. The adjustments can lower credit scores because of the way the FICO formula, the most widely used by U.S. ... The numbers, which range from 300 to 850, affect the ability to get mortgages, credit cards and insurance products, as well as the rates borrowers pay for them. A FICO score of 740 is generally needed for the best mortgage rates, ...

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What Are Some Good Credit Cards For Credit Repair That Aren't ...

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If your credit is as bad as your say, be prepared. You may be denied. You may be offered a secured credit card. You may be offered a credit card with a higher rate. If you're denied for credit, don't keep trying. Wait for at least 6 months before you try again. When you apply for a credit card, the lender will get your credit report. The more you apply for credit, the lower your score can get and less like you are to be approved for credit. Vicious cycle, right? ...

The Equifax Store - http://equifaxstore.com/

Why High Credit Ratings are Good « Does Credit Repair Really Work?

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with high credit ratings (scores) are more likely to obtain lower interest rates and better terms on loans, including mortgages, and credit cards (higher credit scores can also result in lower insurance rates). ... FICO offers a package called Score Watch, which is basically a 30-day free trial. When you sign up for Score Watch, you get a free FICO score and credit report. FICO, the most widely known type of credit score is a credit score developed by Fair Isaac ...

Does Credit Repair Really Work? - http://www.does-credit-repair-really-work.com/