14 Jun
What Do Credit Reports Mean And How Are They Calculated?
As of 2009, bankruptcy filings that were new increased by over thirty five percent in just one year. Although it may seem like a dismal sign, a good way to look at it is that all of these people are on their own paths to rebuilding their credit scores and ultimately, financial freedom. We have all seen commercials with “people just like me and you” telling us to go to whichever website and look at our credit score. We know that if the number is high, it’s a good thing. It it is low, it could mean trouble finding a loan, getting a job, or a new place to stay. But just what is a credit score?
