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Making Medical Credit Reporting Harder is a Disaster in the Making

Nexa Collect

Shouldn’t all unpaid debts ( medical or otherwise), be reported to credit reports in the same way? Then let the lenders decide which one they want to consider or ignore. Forcefully suppressing unpaid medical debts from credit bureau reporting will certainly result in many unintended consequences.

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What Is the Average Used Car Loan Rate?

Credit Corp

Average New and Used Car Loan Interest Rates Each quarter, the credit bureau Experian® releases the State of the Automotive Finance Market Report , and it tracks a variety of new and used car finance trends. A credit score plays a large role when lenders determine vehicle interest rates, but it’s not the only factor.

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FICO Score 10 Suite Available from All Three Credit Bureaus

Fico Collections

The FICO® Score 10 Suite outperforms all previous FICO Scores, giving lenders unparalleled predictive power to make more precise lending decisions. With the FICO® Score 10 Suite, lenders gain up to a ten percent predictive lift over previous FICO Score models. We have used FICO® Scores for many years.

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Does Checking Your Credit Score Lower It?

Better Credit Blog

Lenders and credit card issuers carry out two types of checks on your credit. The first, a soft credit check, doesn’t impact your credit score at all. We’re going to walk you through soft and hard credit checks and what they mean for your credit score. The answer is yes and no. Ads by Money.

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How to Get a Car Loan

Better Credit Blog

Here, we’ll cover the steps you need to take for a successful application and what you need to know about your credit score when applying for this loan type. If you don’t make timely and complete repayments, the lender can take back the vehicle. Preparing to Apply for a Car Loan: Check Your Credit Score. Credit Score Range.

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What is Debt Consolidation and How Does it Work?

Better Credit Blog

You can get a free credit report each year from the three main credit bureaus—Equifax, Experian, and TransUnion—by going to www.annualcreditreport.com. Dispute negative items : If you notice any mistakes on your credit report, complain to the relevant credit bureau.