Posts

Showing posts with the label Credit Scores

What Does the Internet Say About You?

Image
Simple Steps to Improve Your Online Personal Info Before Potential Employers See It Visit my website! Your online persona is a lot like your credit score. It's already out there whether you check it or not. And other people-important people who make decisions about your future-can review it at any time. The similarities don't end there. Like your credit score, you can review your online persona and work to improve it…so when people like potential employers look at it, they'll see what you want them to see. And, trust us, they will look at it. They're not necessarily looking for negative news or skeletons in your closet. In most cases, managers and human resource employees do Internet searches on their top pool of candidates to confirm credentials and determine why each person would be a good candidate for the position. Just because they're not looking for dirt, though, doesn't mean they'll ignore it if they find it. The fact is, a negative online persona can...

Know your credit score.....

.....What your credit rating can say about you! What is a credit score and a credit report? Your credit score is simply a snapshot of your credit use. It's a brief overview of seven years of your borrowing history. Your credit report is the detailed rundown of your borrowing habits. Credit reports are provided by three major credit bureaus: Equifax, Experian, and TransUnion. How is a credit score calculated? A credit score is a value assigned to several criteria used in making lending decisions. Criteria include the amount you owe on non-mortgage related accounts such as credit cards, your payment history, and credit history. Scorers take this information from your credit report and plug it into formulas that calculate a value representing the amount of risk you pose to a lender. That value takes into account the track record of other consumers with similar credit profiles. By looking at this value, or score, lenders are able to roughly gage whether it's a good idea to extend...