Category: Credit Info

The FICO Expansion score is a credit risk score developed by the Fair Isaac Company specifically to help lenders determine the credit worthiness of consumers with insufficient credit histories. The score predicts how likely a consumer will become delinquent in the 24 months following the analysis by evaluating financial relationships, usually absent in credit bureau [...]

Debit cards  also known as check cards, ATM cards, and express checking cards can be used to withdraw cash from your bank account via ATM and make purchases without using credit. They look similar to a credit card and work by taking the money directly out of your bank account. According to the American Bankers Association, ABA, in 2005, [...]

What is Credit Insurance? Credit insurance assures a loan will be repaid in the event of the death, disability or involuntary unemployment of the insured borrower. It can be taken to protect all types of consumer borrowing, including loans to finance or refinance a home. These products may be sold by credit card companies, auto dealers, finance companies, [...]

What Are The Differences Between Unsecured And Secured Credit Cards? A secured card is a credit card that a cardholder “secures” with a deposit to ensure payment of the outstanding balance if the cardholder defaults on payment. Secured credit cards are targeted to customers with imperfect or limited credit histories who do not qualify for a traditional unsecured [...]

Credit cards are unsecured loans that do not require you to pledge any assets, just your signature. Most consumers are not aware of the rules and regulations imposed by the issuer of a credit card. It is important that you understand the major points of the credit card you are applying for or currently have. Learn about the [...]

National Referrals Addiction Help line 800-711-6402 www.addiction-help-line.com Adult Children of Alcoholics 310-534-1815 www.adultchildren.org AIDS Hotline 800-342-2437 www.ashastd.org Al-Anon Family Group 757-563-1600  Alcoholics Anonymous See local directories www.alcoholicsanonymous.org Alcohol and Drug Help Line 800-234-0420 www.alcoholhelpline.com American Bar Association 800-935-3232 www.abanet.org American Bar Association  Service Center 800-285-2221 www.abanet.org American Council of Alcoholism 800-527-5344 www.aca-usa.org American Council for Drug [...]

A credit score is a number lenders use to help them decide: “If I give this person a loan or credit card, how likely is it I will get paid back on time?”  The score is generated through statistical models using elements from your credit report. However, your score is not physically stored as part of your credit [...]

There are two kinds of subscribers that furnish information about you to a credit bureau. Credit Grantors (banks, finance companies, etc.) are the businesses that lend you the money. Credit Users (car dealers, mortgage brokers, etc.) use the credit report to qualify you for a loan from the Credit Grantors. Credit Grantors are the only ones that are [...]