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Credit Ratings, Credit Scores, and More!

Credit Scores Can Make A Difference - November 02, 2009Are you someone who pays more attention to the scores of last night's big games than your credit scores? If so, you could be paying more for a loan or for insurance than you should. Lenders us...
When Will We Know How Credit Scores Are Calculated? - June 03, 2009Credit scores are used when lenders decide what interest rate to charge for auto loans, mortgages, credit cards, and just about every other type of consumer credit, but consumers are left in the dark ...
What Makes Up Your Credit Score? - May 05, 2009Everyone has a credit score, but most do not know what goes into creating this magical number. How does your credit score stack up? Your credit score is a number used by all three credit reporting ...
Ten Tips To Preserve Your Credit Rating - April 05, 2009Your credit rating is one of your most valuable assets. By using credit wisely, you can maintain a high credit rating that will allow you to take advantage of lower interest rates on auto loans, home...
Bankruptcy Is No Easy Way Out - April 01, 2009If you're to believe the ads, declaring bankruptcy is a quick and easy way to solve money problems. But except in cases of a total financial collapse, for example, due to crushing medical bills, b...
Beware of Credit Repair - November 10, 2008Don't fall for the advertisements from companies claiming they can repair your credit, increasing your credit score dozens or hundreds of points. Many these companies are currently being sued by ...
Buy or Lease Your Next Vehicle? - August 25, 2008The ads from car manufacturers and dealers are very tempting. Lease your next vehicle and significantly reduce your monthly car payment. But Credit Union Member News wants you know that, in almost eve...
Keep Track of Your Credit Report - July 23, 2008Which credit bureau will your credit union, auto dealer, mortgage broker, or credit card company check? Quite often all three will be reviewed and the lowest score is the basis of your interest rate. ...

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