How well do you know your credit payment history? Though FICO is not sharing the exact formula they use to calculate your FICO or credit score, they will say that there are five major categories. Your payment history counts for 35% and is the most heavily weighted category in the calculation of your score. There … Read more
Since your payment history affects 35% of your credit score, it is easily the most important part of your credit profile. It is also one that you can control. Clearly, the best way to achieve a high credit score and a positive credit report is to maintain a flawless record of full payments, made on-time, … Read more
Valhalla, NY (Vocus) November 1, 2010 ScrewedByForums.com is the newest, largest and most rapidly growing consumer discussion website on the internet. This massive forum was created as a place where all consumers can come to share their experiences with businesses – especially when businesses fail to meet their most basic expectations. This truly open forum … Read more
MORTGAGE LATES ON YOUR CREDIT REPORT So many of you are facing the reality of being late on your mortgage payment and how it has affected your credit scores. I personally know of folks that had pristine (700) beacon scores, but when there adjustable rate mortgage increased, they could not afford the increased payment. … Read more
If you have taken multiple debts due to any frequent financial problems and are facing problems in repaying them, then you need to find out a solution that may help you in getting rid of bad debts. It is quite true that bad debts can spoil a defaulter’s personal as well as social life therefore, … Read more