Comments on: To all finance/credit savvy yahooahs!? http://www.blog.reeltourz.org/to-all-financecredit-savvy-yahooahs Thu, 29 Jul 2010 12:29:50 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: admin http://www.blog.reeltourz.org/to-all-financecredit-savvy-yahooahs/comment-page-1#comment-22 admin Sun, 26 Jul 2009 00:01:51 +0000 http://www.blog.reeltourz.org/to-all-financecredit-savvy-yahooahs#comment-22 <div class="qa-container"> <div class="content">With the credit crisis going on worldwide you probably won't be able to get a loan unless you have nearly perfect credit.</div>
With the credit crisis going on worldwide you probably won't be able to get a loan unless you have nearly perfect credit.
]]> By: admin http://www.blog.reeltourz.org/to-all-financecredit-savvy-yahooahs/comment-page-1#comment-23 admin Sun, 26 Jul 2009 00:01:51 +0000 http://www.blog.reeltourz.org/to-all-financecredit-savvy-yahooahs#comment-23 <div class="qa-container"> <div class="content">Get your credit report. Its free when you have receive adverse action like being rejected for a loan. www.freecreditreport.com<br> <br> Make sure you get a report from each of the 3 reporting agencies. There may be a mistake on only one of them. If the bank pulled that one and you look at a different one you wont find out what the problem was...<br> <br> The single biggest way to lower your score and keep it lower for the next 7 years or so is to be late (30 days or more) on payments. the more often it happens, the worse it gets.<br> <br> Other peoples' debts are not listed on your report regardless of them living at the same address.<br> <br> Often times people get declined for not having enough credit history (or none at all)to justify a decision for a loan. In that case it is useful to get a smaller loan(even if you don't need it), and pay it off a couple of months later. That looks good on the report and shows you responsible.</div>
Get your credit report. Its free when you have receive adverse action like being rejected for a loan. http://www.freecreditreport.com

Make sure you get a report from each of the 3 reporting agencies. There may be a mistake on only one of them. If the bank pulled that one and you look at a different one you wont find out what the problem was…

The single biggest way to lower your score and keep it lower for the next 7 years or so is to be late (30 days or more) on payments. the more often it happens, the worse it gets.

Other peoples' debts are not listed on your report regardless of them living at the same address.

Often times people get declined for not having enough credit history (or none at all)to justify a decision for a loan. In that case it is useful to get a smaller loan(even if you don't need it), and pay it off a couple of months later. That looks good on the report and shows you responsible.

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