What is a Credit Score?

Credit scores are used in order to understand how creditworthiness is evaluated by lending institutions, as a good credit score can unlock the vault to help obtain financing. Payment history, outstanding loans and a general indebtedness are statistically evaluated by the credit bureaus.

"Correct Credit Score Errors"

Write Comments on Credit Report Many credit reports have errors. Perhaps you've paid off a particular loan that isn't reflected on the report, or there are legitimate reasons why a particular debt hasn't been satisfied, such as a temporary disability. In these instances your first recourse should be to contact the credit agency and request they make the appropriate changes. Fibbers beware: you will probably have to provide some documentation.

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