It is widely known that insurance companies use factors such as your age, sex, and marital status to determine how much you are going to pay for your homeowner’s and auto insurance. What you may not know is that your insurance company is most likely using information found in your credit report as well. In fact, the single biggest factor…
Tag: Scores
Even People With Good Credit Are Penalized
By now everyone is aware of the Vantage credit scoring system developed by the three major credit bureaus: Equifax, Experian and TransUnion. The system grades consumers on a scale of A-F. I have done extensive research, but have yet to find out how lenders will use this score, or which lenders will choose to use the Vantage score as opposed…
Car Insurance And Your Credit Score
Did you know that your car insurance premiums may be affected by your credit score? Well, they can, and more and more automobile insurance companies are turning to this new system of premium determination. Not all companies are using this new system but many are, and if your company is using it, you should know a few things. There is…
Top 7 Questions About Your Credit Score
Here are the top 7 questions we hear from consumers about credit reports and credit scores… 1. Will closing paid off credit card accounts improve my credit score? This will surprise many of you, but closing paid off credit card accounts can actually hurt your score in two ways. In “Your Credit Score”, Liz Pulliam Weston explains: A. Closing accounts…
Credit Reports And Scores Often Confuse Consumers
Most people who are of an age to care about their credit are aware that the three main credit bureaus, Experian, Trans Union and Equifax, maintain credit reports on them. The bureaus keep track of loans, credit cards and bankruptcies and make note of whether each consumer pays his or her bills on time. Most people are also aware that…
Understanding The Importance Of Your Credit Score
As recent as a few years back, the term “Credit Score” was not very commonly used in our society. While there were who understood the term and its purpose, the mass majority, although realizing that there was a system out there that their credit, they did not have a term to stick to it. Today, however, due to a number…
Discover More About Credit Card Debt Consolidation
A credit card consolidation program is an attempt to help you improve your credit history. The repayments you make on your earlier debts determine your credit worthiness. It is also an indicator of the willingness and affordability of an individual to the lenders who decide the credit limit they’ll make available. Poor credit history has many repercussions for borrowers. However,…
Why Tutoring Services Are Necessary In Today S Educational Environment
In today’s society, there is widespread agreement that the American educational system is less than optimal. Many feel that, although the No Child Left Behind Act established sound principles, its underfunding has rendered those principles meaningless. There have also been widespread reports that state are “dumbing down” standardized testing so that state scores can show the improvements necessary in order…
Faqs About The Act
Many future college students understand they will need to take the ACT to gain admission to college but are left with many questions about it. One of the top questions is about the difference between the ACT and SAT. The ACT is an achievement test that measures what a student has learned in school. The SAT is an aptitude test…
New York Schools Cited As Among The Best In The Nation
According to the National Education Association, the New York schools have made significant strides in academic achievement over the past few years. In a nationwide comparison, the New York schools have improved student achievement, as well as the schools themselves. Though issues remain that challenge the New York educators, parents and the community can be assured that the New York…