|
|
|
Get a FREE Credit Report and FREE Credit Score! Credit Score A credit risk score is a statistical summary of the information contained in a consumer's credit report. Sophisticated mathematical processes calculate scores by assigning numerical values to various pieces of information in the credit report. Credit bureaus provide risk scores to credit grantors who use them to objectively evaluate an applicant's credit-worthiness. The score itself is relative and will be viewed differently by creditors depending on numerous factors, including the creditor's risk level, marketing goals, and business practices. Your risk score will change over time as your credit history develops. The following are factors are commonly used to determine your credit score: Credit History Lenders look at how long you’ve had credit and the general status of those credit lines. If you want a higher credit score, have a long history of accounts in good standing. Inquires You, along with lenders, can access your credit reports to gauge credit worthiness. Too many inquiries by lenders in a short amount of time can hurt your credit score. New Accounts New accounts are red flags to lenders and can affect your credit score—especially when you are applying for credit or a loan. Generally refrain from opening new accounts if you know you will be going to a lender in the near future. Outstanding Credit What you owe can have an affect on your credit score. If you owe a significant amount to lenders, it will be harder to secure a new loan or new credit. Payment History Lenders don’t like to take risks. If you have a history of late payments, expect to see a lower credit score. Pre-existing Accounts Your overall credit potential can also affect your credit score. Open accounts, regardless of whether you’re using them or not, are looked at when assessing how much additional credit you can secure. |
||
*High Credit Score provides you with the tools you need to access and monitor your financial/credit information though the program's credit reporting and monitoring benefits. High Credit Score and its benefit providers are not credit repair service providers and do not receive fees for such services, nor are they credit clinics, credit repair or credit services organizations or businesses. After verification of your identity, your report is available for Secure Online Delivery in seconds.
*Credit services provided by Callcredit Limited.
Programme provided by Adaptive Affinity Ltd, Cavendish House, 369 Burnt Oak Broadway, Edgware, Middlesex, HA8 5AW. Reg No. 05493004
*Credit services provided by Callcredit Limited.