Secured Credit Cards: A Wise bet for low those with low credit scorers Low credit scorers, often, have to face multiple challenges such as high interest rates, denied mortgage and auto loan applications, and the difficulty to get utilities, without paying a security deposit. It is a fact that a good credit score is necessary…
DetailsCredit Repair: 3 Instances When Taking a hit on Credit Score is OK One topic that we often discuss in the field of finance is credit score. More often than not, people are reluctant to make any kind of move that affects their FICO score. They are scared to death of damaging their credit scores.…
DetailsRMCN Founder and CEO of RepairMyCreditNOW.com Will Speak at 2015 Credit Repair Summit Doug Parker, founder and CEO of RMCN, has been selected as a key speaker for the 2015 Credit Repair Summit. During the event, Mr. Parker will share his thoughts and ideas about the developments and trends in the credit repair Industry, presenting…
Details
Looking for a New Home? Check Your Credit Score First How Lenders Evaluate Loan Applicants Every lender or financial institution, rejects or accepts your home loan or mortgage application on the basis of your credit score and history. Most lenders have certain credit score benchmarks from which they extrapolate the rate of interest to be…
DetailsHow Your Credit Score Impacts Your Auto Insurance Rate Our credit score provides a fairly accurate portrayal of our financial health and how well we handle our financial obligations. Surprisingly, not everybody conceives it in terms of its association with auto insurance rates. Auto insurance companies, for the past 20 years or so, have been…
Details
Does A Low Credit Card Limit Lower Your Credit Score? Ever wondered why the spending limits on credit cards vary drastically? The spending limits of consumer accounts are decided by credit card companies in order to reduce their risk. The exact policies for deciding the credit limit may vary but some of the common factors…
Details
