What is my credit Score- How is motion measured?
491699
I'm not sure what you are asking, but motion is measured with reference to something else.  \n\nFor example, when we say the car is traveling 30 mph down the road, we mean it is traveling that speed in reference to the road.  It would be equally correct to say that car is traveling 60 mph towards you if you were in a car traveling at 30 mph towards it.  In your reference frame, it would be traveling at 60 mph.
547357
Use the Credit Bureau sites. Read everything on these sites. They give good advice and guidance toward improving your credit record.   Each year you can now get a free report from each of them. You can also buy a report that includes you FICO score. This number will give you and potential lenders an idea of what to expect from you regarding repayment of debts.\n\nIt is more than just time. It matters what else is on your record, how stable your residence has been, even where and what kind of home you live in. It helps to learn which lenders are more lenient, and to start with them and work your way up carefully.
396650
It isn't really a score that is looked at when getting an apartment - it is more looking at if you pay your bills on time.  When I was  a property manager I dind't care what someone's score was.  I cared that they paid their bills on time, and that they didn't have any charge offs.
1080785
This "credit score" is a number factor, that credit bureaus have on you. Any thing you have ever financed, a home, car, an installment sales contract ie, furniture bought at a store going through a finance company will report your opening balance, monthly payments, current balance, and if you have ever been late. This also includes your Soc. Sec #, address, etc. \n\nIt will also include any collections, ie hospital bills that were never paid, doctors, electric, phone companies, etc. \n\nA credit card debt , is like having a Visa or Mastercard, Discover, Sears, American Express, etc. These are also reported to the credit bureaus.
765370
Yes...credit agencies record the number of times your credit report is accessed by lenders in the last 24 months.  Too many of these "inquiries" drop your credit score.  After 24 months, the inquiry is removed from your report.  Accessing your own credit report or inquiries made for auto loans, credit account maintenance, or promotional inquiries aren't counted.
99654
No, if you have credit with the company they usually report monthly or so. If you get your credit report it will tell you what months you were late over 30, 60 or 90. When it goes into Collection...well, thats a red flag. They have a section on your credit report for things like that and bankrupcy.
524054
There two situation when entities can check your credit score:\n\n1. When applying for service with a compny / bank etc.\n2. When the banks / companies buy your personal information and credit score from the credit bureaus.\nBy law(Federal Credit Reporting Act), you can opt-up, that is choose not to have the credit reporting agencies share your personal information with banks and lenders (so that you don't receive credit card offers for example).\n\n\nHope that was useful.
179729
Some Info:\n\nWhen an account is placed with a collection agency, they report it to you credit (yes, I know, you know that) but when you pay that account it doesn't come off you credit report. It simply gets marked as paid. it also shows how long it took for you to pay the account. \n\nOther factors also include the number of accounts, the frequency bad debts are reported to credit (i.e. how often you have a debt go to a collection agency)\n\nThese all factor in to how much your credit rating will decrease overall. A collection account on you record isn't good. But  haveing only one that is paid quickly will look much better than several or one unpaid. Most often times if someone looks at your report and you have 1 collection on there that was paid within 45 days of reporting, They will let it slide and it won't affect things very much They figure it was a miss communication. One account pd isnt that bad and so long its pd quickly and there is only one you will see very little change in you credit score longterm.
284582
How much do you need?\nWhat is your current credit score?
1144017
As a former financial counselor, this is a common question that we heard repeatedly. Lenders are supposed to report to the credit bureaus monthly, and most do. Except they are not required, so at times they may report changes bi-monthly or even quarterly, depending on the creditor. If for example you paid off a balance, and you expect to see a change right away, I would be patient because you may not see any significant changes for some time. \n\nResearch indicates that, for the most part, FICO scores are pretty stable from one month to the next, however, changes in your credit behavior can significantly impact your FICO score over time. The degree of change in score is driven by a variety of factors such as:\n\n(1) Your current credit profile. How you have managed your credit to date will affect how a particular action may impact your score. For example, new information on a credit report, such as opening a new credit account, is more likely to have a larger impact on a consumer with limited credit history compared to a consumer with a very full credit history.\n(2) The change being reported. The “degree” of change being reported will have an impact. For example, if someone who usually pays bills on-time continues to do so - a positive action - then there will likely be only a small impact on the score one month later. On the other hand, if this same person files for bankruptcy or misses a payment, then there will most likely be a substantial impact on the score one month later.\n(3) How quickly information is updated.  Remember, there is sometimes a time lag between when you perform an action (like paying off your credit balance in full) and when it is reported by the creditor to the credit bureau.\nStill, small changes in score can be important for some consumers who want to obtain a certain FICO score level or who are striving to reach a certain lender’s FICO score “cutoff” (the point above which a lender would accept a new application for credit, but below which, the credit application would be denied).\n\nRegardless of your situation, the rule of thumb is 6 months. If you know that there should be a change in your credit score, and you do not see it by 6 months, then you may have to contact the creditor to make sure they are reporting to the bureau in a timely fashion. Good luck with your situation!
965816
You can go to the loan office and ask them to please report it to the credit dept. and also ask to receive a print out of your payment history so that you will have proof in black and white that it was in good standing, you might also want to contact the credit agency to contact the loan office requesting the info to update your credit files
234108
It can take anywhere from days to weeks to months. Best way to know is to use a monitoring service that allows you to see your credit reports daily so you will know when your credit reports are being updated by each creditor. I have creditors that update each time there is a change in my account whether is a payment or a charge and I have creditors that only updated once a quarter which is every 3 months. There really isn't a definate answer to your question.
112859
If you have satisfied the debt and it's showing a $0 balance, that is not an inaccuracy.\n\nIt also does not bring down your score unless your payment history for that account show slow pays beyond 30, 60 and 90 days.  Additionally, it also brings down your score even if you paid down the account if the payment was received in response to a collection or a chargeoff.\n\nAlso, the reporting of a credit account does not, by itself, bring down your credit score.  Other factors come into play such as\n\n1) How old your credit history is.  \n2) What types of credit you have/had: revolving (credit cards, etc), installment (car loans typically), real estate (mortgages).\n3) Your repayment history and whether your accounts are paid as agreed or whether there have been slow pays\n4) Whether there have been garnishments, collections, liens, bankruptcies\n5) How many inquiries have been made in the past few months (i.e. have you been applying for loans all over town or trying to get credit cards)\n\nUnfortunately, I think you're out of luck on this one.  \n\nUnless you have grounds to have those accounts removed (e.g. that wasn't your account, the payment history is inaccurate), they will continue to be reported for about 5-7 years.  \n\nThe reason for this is that, before approving your credit application, creditors want to know how well you repay credit lines and loans in the past, not just the accounts with open balances.  They also want to know if you're carrying too much debt.
174028
A credit score is a measure of how financially stable an individual is. It is based on numerous factors including employement history, income, real estate ownership, outstanding debt, debt payment history, etc. In essance, it is a measure used by lenders to determine the likehood that a loan will be repaid in a timely and orderly fashion. \n\nWhy should it be good? Basicall, the lower the credit score is, the less the lenders will believe that the loan will be paid off. As a result, they will charge higher interest and/or offer smaller loans to compensate for their increased risk.
677538
According to their website: "Your credit score will change each time new information is captured in your record. TrueCredit is not connected in any way with Fair, Isaac and Company; the credit score provided here is not a so-called FICO score. The credit scores of TransUnion may not be identical in every respect to any consumer credit scores produced by any other company."\n\nIf you are looking for your FICO score, go to http://www.myfico.com.\n\n\n______________________________\n\nCAROLINE SIMMONS\nREALTOR® & Affordable Housing Specialist\nO. 866.894.3601 ~ C. 404.787.8685 ~ F. 404.745.8019\nE. caroline@premyiergroup.com\nW. http://www.premyiergroup.com
1041843
NOW, do a pre screen on lendingtree.com. It doesn't affect your rating and my score was 600 with no down and I bought a house last fall. good luck
26471
The exact formula used is a secret, but the following weights have been revealed:\n\n* 35% punctuality of payment in the past\n* 30% capacity used, i.e., ratio of current revolving debt (e.g. credit card balances) to total available revolving credit (e.g. credit limits)\n* 15% length of credit history\n* 10% types of credit used (installment, revolving, consumer finance)\n* 10% recent search for credit and/or amount of credit obtained recently