January 27, 2008

Credit Reports without Credit Scores are useless

Credit Reports with no Credit Scores are useless. Have you got your credit report lately from www.annualcreditreport.com ? If you did, it did not come with your Credit Scores. Have you ever wondered if you really needed to know your scores? In this article I will discuss how important it is to know your Credit Scores.Here is a list of people that look at your Scores to determine your likely hood to pay back a debt.1. Electric Companies2. New Employers3. Mortgage Companies4. Banks5. Car loan companies6. Credit Card Companies7. Insurance Companies8. Cell Phone Companies9. Its not uncommon to have your new spouse check your personal credit scoreIt is amazing how just about everyone that provides a service to you these days wants to know your credit risk. Your personal credit is not longer a secret; it’s a part of our everyday life. So if all these companies pull your credit, what are they looking at? They look at your score first; your credit score is how the 3 Credit Bureaus measure your creditworthiness. The same goes for anyone that wants to see your credit report. They look at your credit score as well. Your credit history is important, but when […]

Full Article At: KnowHow-Now.com Articles

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