Credit Scores

Collections happen as the results of late payments. There are two kinds of collections: Those that have been sold to a third-party collection agency. Those that have been turned over to an internal collection department. Either way, when they show up on your credit reports, your scores will …

Some times things happen that cause you to be late on your payments. When that happens, it shows up on your credit report in certain ways. If 30- or 60-day late payments don’t happen often, they shouldn’t cause lasting damage to your credit score …

If you are 120 days or more late on making a payment, it’s not a good look on your credit report. Late payment reporting beyond the initial 90-day missed payment does not cause additional credit score damage directly. But, it does cause an indirect impact to …

If your credit is 90 days late, it will damage your credit scores significantly for up to seven years. Remember, the goal of the scoring model is to predict whether or not you will pay 90 days late or later on any credit responsibilities. If …

When you make a late payment on your bills, it can hurt your credit score. However, certain lenders do provide a grace period. If you are 30 days late, it will damage your credit scores the most because it’s the most recent. …

If you want your free annual credit report, you should go to AnnualCreditReport.com. You may request your free annual credit report online, via phone or by mail. To order online just go to www.AnnualCreditReport.com. Make sure you are on that site before ordering …

Every 12 months, you can get a free credit report from the 3 credit reporting agencies. You can get it through AnnualCreditReport.com. If you’d like, you can request all three of your reports at once, or you can space them out over the course …

TransUnion is one of the large 3 global leaders in credit information field. With Transunion: Businesses can better manage risk and customer relationships Consumers can better understand and manage credit to achieve their financial goals …

Experian is one of the big 3 credit reporting agencies in the world. Just like Equifax and Transunion, Experian provides data to lenders and other organizations about consumers before entering into a financial or other contractual agreement. Overall, this company helps businesses manage credit risk, …

Equifax is one of the main 3 credit reporting agencies. It uses trusted unique data, innovative analytics and industry expertise to provide organizations and individuals with insights about credit history. This is so the organization can make an informed choice before lending money. They contain …