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Articles tagged with: free credit report

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[29 May 2013 | 5 Comments | 10,232 views]
Your credit history and tightening lending standards

Just a few short years ago, getting a loan for everything from homes to cars was a comparatively easy process. That’s changed a bit and especially when it comes to mortgages, hasn’t it?
So, what happened? The subprime lending market died a sudden death in 2007 due to high default rates leading to foreclosures and financial chaos. Banks responded by tightening lending standards on most consumer loans.
The impact of those new measures — some taken by the industry and some put in place by government regulations — is that a high …

Business, News, Real Estate »

[9 Jul 2011 | One Comment | 2,385 views]
Keep an eye on that credit

It’s no secret – getting a mortgage these days is a bit tougher than it was in the not too distant past.
We should all be aware of the reasons for tighter lending requirements by now – relaxed standards led to a number of risky, subprime mortgages hitting the market resulting in a slew of foreclosures. The response to those foreclosures involved a number of reforms generated by both the financial industry and the government.
The end result, of course, is that good credit is as important now as it ever has …

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[2 Nov 2010 | One Comment | 1,541 views]
The cure for those credit score blues?

Stan Morris, founder of Credit Care in Piggott, has spent the past few years developing a system through which people can improve their credit scores.
He’s only been touting his method for a couple of months and his work in that area may well be timely. Why? Arkansas Attorney General Dustin McDaniel reported that Arkansans have the lowest credit scores in the nation.
McDaniel, citing a survey, stated in a news release that the average credit score of American consumers is 666 (keep those “number of the beast” jokes to yourselves) while …