Stack Exchange Network

Stack Exchange network consists of 174 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

Visit Stack Exchange

Questions tagged [credit-score]

A credit score is a weighted number computed to determine your credit worthiness, and is relevant when arranging for credit or a loan. This tag is to be used for questions related to understanding how things would impact your credit score. Related tags are credit-history, credit-rating and credit-report.

3
votes
3answers
716 views

Do I need multiple credit monitoring services?

I currently have credit monitoring through Experian and I pay extra for it to monitor all three credit bureaus. In light of the recent Equifax breach and Equifax offering credit monitoring for those ...
1
vote
2answers
76 views

Credit Union Merged Credit Card transferred to new bank Credit Score Drops 30 points

I live in the USA. I was a member of a small credit union which has merged with a much larger one. I kept a credit card with the small credit union because my interest rate was only 5.75% When the ...
0
votes
2answers
103 views

How do I find out what is the minimum credit rating for a grad school loan (or undergrad) without a cosigner?

I'm in the US, and I'm trying to make a decision about my educational strategy. I have a basic idea of what I can do for unsecured undergrad bank loan, and what credit rating I would need. How can I ...
3
votes
1answer
103 views

What is the most efficient way to dispute an invalid collection on a credit report?

I had a surgery and a ton of medical issues. All but one thing went through insurance. The healthcare provider for that one thing went straight to collections. I contacted them, and my insurance ...
0
votes
1answer
129 views

Negative balance effect credit score

I have an saving account in Oriental Bank. I am not using this account for last 1.5 year. Currently the balance is negative. I am staying in Bihar since last two year. It is not possible to go ...
2
votes
0answers
283 views

Why does a U.S. credit card application ask for other citizenships?

Looking at a credit card application, they are asking U.S. citizens whether they are citizens of another country. Why are they asking for this information? Will it hurt the application to disclose ...
2
votes
0answers
44 views

How do co-applicants affect loan terms and credit histories?

Alice and Bob are considering applying for a loan - for a discussion example, an Acme credit card. They have no previous credit connection. Applying individually, Alice would probably not be ...
2
votes
0answers
155 views

How soon (after your first credit card statement ever) do you get a credit file/history in Canada?

How many days after your first credit card statement EVER does one get a credit report on file with one of the two Canadian bureaus? I'm trying to develop Canadian credit on my first credit card and I ...
1
vote
0answers
100 views

Can debt collectors or creditors combine multiple “accounts” into one to increase sum above $100?

In this case, someone has several medical debts, for separate procedures/office visits. Each of these debts is of an amount less than $100. It would seem that, since the visits are separate, these ...
1
vote
0answers
172 views

How to regain credit after two car voluntary repossesion, five credit cards amount to 10K?

What are the necessary steps to get back on the road to fixing a credit after not paying 10K worth of credit cards (behind 6 payments for 6 months) and two car voluntary repossession? This is after a ...
1
vote
0answers
38 views

Does business credit score transfer over when you incorporate from a sole proprietorship?

I have a newly registered sole-proprietorship in Canada that I am trying to build credit for. If later down the line I decide to incorporate my business, will the business credit score from my sole-...
1
vote
0answers
59 views

What's the safest/easiest thing I can add to my credit report

I'm in the excellent range on the credit score, but recently it started falling due to lack of (recent) credit report entries. Since it's only 1pt / month, over last half a year, I don't care that ...
1
vote
0answers
82 views

When a hard check brings your credit score down, is the higher or lower (newer) score used in the current application?

I'm applying for a business loan that will involve a hard check on my personal credit, but according to a credit tracker that I use, I'm very close to going from "Excellent" to "Very Good". The next ...
1
vote
0answers
35 views

Do administrative wage garnishments for nontax debts count as judgments or other public records for the purposes of the three credit bureaus?

When I was in my late teens, I made some bad choices. Most notably, I was on SSI, which the government retroactively decided I was not eligible for. They put the debt on my credit report, some years ...
1
vote
0answers
71 views

Establishing $10K line of personal credit with minimal interest from zero credit score

I am a fresh expat from the UK, having recently moved to California. Working as a Sole proprietor, I'm providing software contract services across San Francisco. This business has significantly ...
1
vote
0answers
101 views

Preserving DTI ratio between mortgage pre-approval and closing

I am in the process of buying a house in the US. I have had an offer accepted and have pre-approval from a lender for a conventional/conforming loan at the maximum debt to income (DTI) that they are ...
1
vote
0answers
125 views

How long will defect remain in credit history?

I have read this question/answer that suggests that it takes 7 years for items to clear from a credit file. Is this the same in the UK? And in the meantime, if I have late payments showing on my ...
0
votes
0answers
260 views

Google financing and credit score in US

I would like to start creating credit history in US but because I don't have any and I'm new in US, no bank want to give me a credit card. I heard that Google financing is quite liberal when it comes ...
0
votes
0answers
147 views

Equifax No Credit Report/Score

I started my credit score history about two years ago. I am about to pull my credit reports from transunion and Experian but not from equifax website. Same thing when I try to put a freeze on my ...
0
votes
0answers
43 views

How to troubleshoot identity verification issue when requesting credit report?

I have a long credit history (slightly more than 2 years) and so far I have no success in requesting my free credit report. There is a small caveat, I am successfully able to verify my identity at one ...