Tuesday, December 12, 2017

What is the average credit score for leasing an apartment?

Question by CMDS: What is the average credit score for leasing an apartment?
What is the minimum credit score that landlords want to lease an apartment to someone?

Best answer:

Answer by Chuck T
Mid 600’s depending on your loan to debt ratio….

What do you think? Answer below!


Florida Debt Consolidation Quote Discusses Why Consolidating is the Best Solution for Credit Card Debt

Miami, FL (PRWEB) June 14, 2013

Florida Debt Consolidation Quote, an online resource for debt consolidation information in the state, recently published an article that suggests the best solution to credit card debt.

This type of debt continues to be one of the high ranking financial burdens of the people in Florida. They are currently struggling with mortgages, student debt and credit cards. Of the three, credit card debt can be very difficult to get out of because of the fees and high interest rates.

This is what prompted Florida Debt Consolidation Quote to publish Why Consolidating Credit Card Debt Is The Best Solution. Readers need to know which debt relief options will provide the best result for consumers.

The article warns readers not to ignore their credit cards because it can grow into a very big amount in a short amount of time. It states that this financial problem can ruin personal relationships and even threaten to take away the things that consumers have worked so hard to acquire. This is why consumers are better off with a solution such as debt consolidation.

The article lists the following reasons why.

1. It provides consumers with an individual payment scheme. It combines multiple debts so that the consumer only has one payment every month. It allows the consumer to exert little effort on monitoring their debts so more concentration can be allotted toward growing their income.

2. It permits a low monthly contribution. Consumers enjoy a low payment every month that will free up some funds for other expenses or their savings.

3. There is a possibility of a low interest placed. While it is not always guaranteed, the article states that consumers may end up with a low interest rate – at least compared to their current rate.

The article further discusses how these will result to more benefits for the consumer. For instance, the low monthly contribution can lead to a faster growth of savings and emergency fund. It assist the consumer prepare for any immediate need that is not included in the figured. The unloosen funds can also be used to grow the personal wealth of the consumer so they can invest it.

Florida Debt Consolidation Quote also believes that those who opt for a specific debt consolidation program known as debt management may even benefit from a free debt education. It involve a credit counselor who will provide personal finance tips and money management lessons.

The website targets to provide the same service but through online articles. Florida Debt Consolidation Quote is growing its article base so consumers can find answers to their debt relief questions. The placing is fairly new but is very serious in providing debt, debt relief and personal finance education to online readers. While they focus on debt consolidation as a means to work debt problems, the website do a commitment to discourse other solutions so consumers know their options.

To read the kneel of the article, visit Florida Debt Consolidation Quote or call 1-888-981-4979 to talk to a debt relief expert.


tri merge credit report

Basically, it’s the pulling of all three of your credit reports merged together as a single document, a tri merge credit report. Mortgage lenders evaluate th…
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Fact: Credit profiles are never merged Credit, credit reports and credit scores usually are not the first things mate are concerned about when they decide…
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Q&A: Why are my 3 credit scores so different?

Question by tjdrag1: Why are my 3 credit scores so different?
I just bought my 3 credit scores. I’ve always paid my credit card bills and student loans in full and on time, no delinquent accounts, etc. My scores are good, but I was surprised by how different they were. TransUnion was highest, Equinox was lowest. There was a difference of over 60 points between them, with Experian somewhere in the middle. Why is this? Does one credit score carry more weight (i.e. if I shop for a loan will my rate be lower/higher)? Thanks.

Best answer:

Answer by golferwhoworks
every scoring module is different and some lenders only report to 1 or 2 but not all 3 and that has an effect all the way around. This is why new lenders in your life use the middle score

What do you think? Answer below!


Get Your Free Credit Scores from All 3 Bureaus

Use this handy credit score comparison chart that automatically displays the most popular and highest ranking free credit score offers on the net. (Low ranked offers don’t get displayed). These credit score trial offers are really awesome because in addition to seeing your credit files, you get to see your credit SCORES. That’s the number you usually don’t get to see when you apply for an annual credit report or a free credit report gov. But that’s the “magic number” you really wanna see. It’s the number that lenders, banks, mortgage brokers, credit card companies, and pretty much anyone who’ll provide you with a loan or financial credit will use to approve (or deny) your loan request, and/or to set your loan interest rates.

Name Ratings Credit Scores Received Credit Bureaus Monitored Trial Period Summary

7-day Free Credit Scores from All Credit Bureaus. 3 Bureau Monitoring.

Single Credit Score Experian
7-day Free Credit Scores and 3 Bureau Monitoring

Single Credit Score Experian
7-day Free Credit Score and 3 Bureau Monitoring

Single Credit Score Experian
7-day Free TransUnion Score and 3 bureau credit monitoring

source: freescorereportgov.com


Avoiding Frauds In Free Credit Reports

Credit reports are detailed and specific credit history prepared by a credit bureau to help lenders determine the credit worthiness of a borrower. Credit report carries information about borrowers’ address, how borrowers pay their bills and or whether borrowers have filed for bankruptcy. With sites that provide free credit reports from all 3 bureaus, they provide these pieces of information to insurers, employers and creditors. Free credit reports are given by government recognized credit bureaus such as the Equifax.

How to Obtain a Credit Report

Credit report is done by different credit bureau and can be obtained in many ways. Credit reports can be obtained online. Websites provide reports from credit companies to borrowers. This is a popular means of getting credit reports. However, keep in mind that, there are still fraudulent sites that offer special arrangements and agreements. Some sites allegedly offer free credit report with a catch. They will offer the credit reports to be accessed for a number of times and then charge users after certain number of use. Credit reports can also be obtained through telephone or email.

Avoiding Frauds in Free Credit Reports

How to Avoid Fraud

Because of the existence of different means to obtain credit reports, frauds become prevalent. Once your identity has been stolen, report it at once to all major credit bureaus and request a Fraud Alert to be placed on your credit profile. Doing so would prevent identity thieves to open an account with your information. You can also report the incidence of identity theft to the Federal Trade Commission.

Finding genuine websites that offer free credit reports requires great effort. So, you should make sure that you read the terms of agreement before signing up in a website. Make sure privacy is maintained once you share your information in a website.


Tightening Credit Accounts through Fraud Alerts and Credit Freeze

When accessing free credit score report online, identity thefts who would try to access your accounts are prevalent. This is because of the different websites that allegedly offer free credit reports, and yet, get your information and use it against you.

If you are a victim of fraud, you can add a fraud alert message to protect your credit information. These messages notify credit grantors that you are a victim of fraud.

Fraud alert are attached to your credit report. In such case, when someone tries to open up a credit account, the lender should contact you to verify your identity. Lenders call you through phone and when you won’t answer, the request would be denied.

Tightening Credit Accounts through Fraud Alerts and Credit Freeze

There are three types of fraud alerts. The initial alert lasts 90 days. The second alert is called extended alert. It can last up to 7 years. The second alert is ideal for those who were victims of identity theft. The third type of alert is called an active duty alert. This is only available to members of the military who are obliged to go abroad.

However, fraud alerts can still be ignored by creditors. Fraud alert messages are just a start to protect your account. You should consider a credit freeze. Credit freeze tightens the security of your account better than fraud alerts.

Credit freeze stops any access to your credit report. Credit freeze is available depending on state law or the borrower’s reporting company’s policies. Freezing credit files cannot affect your existing lines of credits. You can still use your account normally.

Credit freeze allows you to close credit reports and use a personal identification number to temporarily access your account. This way, credit applications can still be processed without those thefts intervening.


Monitor your free credit score from all 3 credit bureaus

3 credit scores is the most important financial document for most one of us. The annual document provided by the three independent credit agencies can disclose the financial health of an individual. This report which is annually provided for free by institutions such as Equifax, TransUnion and Experian which are recognised by the government will help the individual in understanding the different credit transactions done during the year. It also enables to assess the quality of financial health by the credit score so allotted by the agencies.

The quality of credit payments, bad account management, low balances in the credit card etc., can have an adverse effect on the score of credit. It is therefore, very important to maintain and monitor the report on an annual basis to check for any wrong entries, identity frauds or non-reporting by creditors if any and get it corrected by reporting to the agencies. If the discrepancies are not attended to in time and the same if reflected on the credit score, it can have an adverse impact on your future finances.

The 3 Credit Reports as maintained by these agencies are usually accessed by the lenders and creditors after making the due payment to make background check of people who approach for loans, apply for job, apply for insurance and credit cards. The consolidated report provides an easy snapshot of the individual’s financial health and past payment history, which is in turn used in decision making by these lending institutes. Having a low credit score can devoid the individual of getting financial health in times of need, credit cards, health insurance etc., and can put immense financial pressure.

Accessing the free credit score from all 3 bureaus are extremely easy. One would just have to approach the independent agencies or request for the same on the AnnualCreditReports.com website to get a free copy. As each agency has a different method of maintaining the records and calculating the credit score, it becomes essential for the individual’s to access the report to identify the mismatches if any. It is very essential to have the credit score provided by each of these agencies approximately matching in order to have a good financial health and loan approvals in case of need. Having a bad credit score from one of these agencies can create problems while seeing low cost life insurance, credit card with low interest rate and even housing loans.

Tracking the annual 3 Credit Reports are one of the best ways to maintain a good credit score. This can be done by seeking the help of the credit monitoring service companies by paying the monthly fees. They would help keep a track on the reports from the three major credit bureaus. One would have to do enough research to seek the services of these companies in order to get immediate alerts if any discrepancy happens in the account. Seeking the service will enable the individual in understanding the credit score at all times and plan for steps to improve the same.

The 3 credit reports issued by the three major agencies act as a full representation of an individual’s financial health and identity making it extremely essential to monitor on a regular basis to avoid future financial complications.

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