What Is A Good Credit Score?

Written by L. K. Hughes


Continued from page 1

However, things change with time.  Where a few years ago onlyrepparttar people with a 720 credit score gotrepparttar 139950 best loans, today even people with a 620 credit score or over have plenty of options for home loans at a decent rate.  Even people with a 580 or more can enjoy a new home loan today.

As I found out, my  622 credit score in 1/2005 Sunday can remember him in her I get him out and get a fair and I think it can do is beginning: you a lot yowasn't so bad after all.

How To Qualify For a Home or Car Loan

Who hasrepparttar 139951 best credit? The answer is, people who have three lines of credit open, no 30 day lates, and no more than 30 percent of their credit card balances owing. these arerepparttar 139952 people who will have a 700 credit score or more. What if your credit record is not so good? I had a friend who lost her job and that divorce atrepparttar 139953 same time. She had 10 lines of credit open and four of them went into a delinquent or "charge-off" status. The term charge-off means thatrepparttar 139954 credit card company "gave up" on collectingrepparttar 139955 debt.

My friend felt very ashamed about her past, and for six years avoided looking at her credit. When she finally got her credit report she found that she had a 620 middle credit score, very close to mine. Even though I had 11 accounts where only one was 30 day late. The credit score looks mainly at your last 18 months of behavior, so even though she had four delinquencies in her past her credit was still considered ok. She qualifies for a home or car loan.

A Good Credit Score

However, to summarize some ofrepparttar 139956 points made here, forrepparttar 139957 best credit make sure to 1) have 3 credit lines open  2) pay off 30% of your credit card balances and 3) avoid 30 day lates at all costs.

If you need a good credit score in a hurry, check out my e-book Improve Your Credit Score In 24 Hours.

 

 

 

 

 



L. K. Hughes is author of the best-selling book "Improve Your Credit Score In 24 Hours".


Have Analysts Gotten Honest?

Written by Mark Mahorney


Continued from page 1

This didn’t do much for my confidence in analyst ratings.

So I dug a little deeper looking atrepparttar more statistically significant S&P 500. What I found was that companies inrepparttar 139905 index withrepparttar 139906 worst revenue performance did actually carry more sell ratings than companies withrepparttar 139907 best performance.

At least analysts were usingrepparttar 139908 sell rating, something they seldom did inrepparttar 139909 past.

There was, however, a significant bias towardsrepparttar 139910 neutral ‘Hold’ rating for all stocks indicating reluctance onrepparttar 139911 part of analysts to commit to buy and sell recommendations.

Mark Mahorney MarketSpectator.com BlogginWallStreet.com MarketBlog.com

Mark Mahorney is a freelance financial writer for hire.


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