Home     About Us    Contact Us     Contribute     Privacy
Mutual Funds
Related Articles
Related Discussions
Related Definitions
Related Categories
Tip of the Day

Tip of the Day Pay Your Bills On Time

Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

read entire tip

Related Podcasts
Recently Added
Other Great Sites

500 Credit Score

A 500 credit score is considered the low end for respectable credit. Click here to get your Credit ScoreIn today’s credit marketplace, a 500 credit score may not be enough to get a good deal for a loan or a credit card, but it does not completely eliminate an individual from contention. It will, however, make things a lot more difficult and costly.

A excellent credit score is reserved for someone with a credit score over 700. These individuals will receive the best interest rates on loans and will be able to take out more money on credit than those with lesser scores. People with scores in the 600s are still considered to be solid credit prospects and will likely receive good rates; once the credit score starts dropping into the low 500s, however, most lenders will start getting skittish.

An individual with a 500 credit score may have arrived there through one of two different ways: the first being they have a limited (or no) credit history to be judged on, the other being through a number of errors that have impacted their credit rating. A number of errors, including missing credit card payments, defaulting on loans or other major errors can knock a person’s rating to a 500 credit score or below.

If someone has a 500 credit score, they had better know about it and be prepared to take steps to rectify it—especially if faulty information has helped knock down their credit rating. Thanks to federal legislation, consumers can now get all three credit bureau reports by visiting a single Web site. All three major credit reporting agencies, Equifax, TransUnion and Experian, are now required by law to give consumers access to their credit reports for free once a year. By going to annualcreditreport.com, consumers can see what their credit report holds. All three credit bureau reports can be different, so receiving all three is important to make sure your credit has not been adversely affected in a way that was picked up by one credit agency and missed by others. If there is false information, it should be immediately reported to the credit agencies, as this will help a 500 credit score move higher.

Discuss It!

how to play poker said:

You raised a couple of things that I will audit for a broad time part to come.

http://emoji-quiz.org/en/movie-answers said:

The article has really best my great position. I am going to bookmark your site and keep up looking new of the holder new information.

http://richestnetworth.org/samantha-armytage-net-worth/ said:

I want you to thank for your time of this wonderful read!!! I definately enjoy every little bit of it and I have you bookmarked to check out new stuff of your blog a must read blog!

official source said:

I need to to thank you for ones time for this particularly fantastic read!! I definitely really liked every part of it and i also have you saved to fav to look at new information in your site.

galaxy s8 release date said:

Samsung Galaxy S8 Edge Release date, Specs, Features and News:

writemypapersclub.com said:

Amazing site.I may need to thank you for the activities you had made for making this dazing content.

Baby Phone Meilleur said:

I on an extremely essential level wish to offer an animal continue for the standard information you have idealize here on this post.

More information said:

I may need to thank you for the tries you have made in making this article. I am believing a commensurate best work from you later on as well.

Spy Away said:

I check your web diary routine and endeavor to take in something from your page. Grateful to you and sitting tight for your new post.

collegepaperworld said:

This is in addition a not remarkably unsavory post which I truly reestablishing investigating.

ComoPerderPeso.pt said:

This site is genuinely a stroll around for a boundless piece of the information you required about this and didn't know who to inquire. Look here, and you'll altogether find it.

brian holm lawyer san diego said:

All the blog writings are demonstration of what we call, Brilliant.

mcdvoice survey said:

Mcdvoice Survey is the best survey Available online. McDonaldâs is an American fast food company that got started in the year 1940

Most Popular Articles
Most Popular Definitions
Related Questions
Daily Definition

Definition of the Day Conversion Option

Conversion Option - a conversion option is a feature on certain preferred stocks and some bonds... This feature would allow the shareholder to covert their shares into common stock. Preferred stock, also known as Capital stock, provides a specific dividend that is paid before any dividends are paid to common...

read entire definition




Home     About Us    Contact Us     Contribute     Sitemap


Copyright © 2009 TeenAnalyst.com