The New Forms of Credit Scoring and You

In the past years, various methods of credit scoring were used to calculate individual credit score. It used to be that credit score was mostly determined by the number of credit cards owned, the frequency of credit card charges, and the cardholder's capability to pay off these charges. Consequently, those who do not own credit cards may be regarded as a poor candidate for credit. As a result, people who cannot qualify for loans may have little choice but to seek out subprime lenders.

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How to Manage Credit Card Debt

Do you own a credit card? If yes, this article present tips on how to manage credit card debt more effectively. Considering these suggestions can help you get the most out of your credit card and avoid the risk of bad credit.

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Getting to Know The Credit Bureaus

Consumers are encouraged to get a copy of their credit report and check their credit rating from the credit reporting agencies. Nevertheless, not everyone understands what the credit agencies actually do. In this post, we will talk about the role that credit bureaus play in building credit history.

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