| Credit Reports with no Credit Scores are useless. | | | | creditworthiness. The same goes for anyone that |
| Have you got your credit report lately from ? If you | | | | wants to see your credit report. They look at your |
| did, it did not come with your Credit Scores. Have | | | | credit score as well. Your credit history is important, |
| you ever wondered if you really needed to know | | | | but when it comes to getting loans, your credit score |
| your scores? In this article I will discuss how | | | | is what determines whether you will get the loan. |
| important it is to know your Credit Scores. | | | | All Credit Scores have one thing in common: they |
| Here is a list of people that look at your Scores to | | | | read the data from your credit report and predict |
| determine your likely hood to pay back a debt. | | | | your future credit performance. The scores indicate |
| 1. Electric Companies | | | | the probability of you paying back your bills in a |
| 2. New Employers | | | | timely manner. These credit scoring models used by |
| 3. Mortgage Companies | | | | all 3 credit bureaus are extraordinary at predicting |
| 4. Banks | | | | what kind of risk you propose to potential lenders. |
| 5. Car loan companies | | | | Since lenders know this, it is very important you |
| 6. Credit Card Companies | | | | know as well. Since you now know how important it |
| 7. Insurance Companies | | | | is to know your credit score make sure you get a |
| 8. Cell Phone Companies | | | | credit report with your scores. It does not hurt your |
| 9. Its not uncommon to have your new spouse | | | | credit to check your report every 60 to 90 days. |
| check your personal credit score | | | | So the conclusion to all of this is yes you need to |
| It is amazing how just about everyone that provides | | | | know your scores. If most creditors determine |
| a service to you these days wants to know your | | | | whether they will extend credit to you based on |
| credit risk. Your personal credit is not longer a secret; | | | | your 3 scores, I would recommend you learn them |
| it's a part of our everyday life. So if all these | | | | quickly. You might have good scores and not even |
| companies pull your credit, what are they looking at? | | | | know it. This is the type of customer creditors love, |
| They look at your score first; your credit score is | | | | they can make more money on you because of you |
| how the 3 Credit Bureaus measure your | | | | lack of knowledge. |