Sam Hague's Blog: Credit Reports

Did you know what the MEDIAN credit score in the US is?  it is:

• Where do you fall relative to that number? 
• Have you ever wondered what goes into these scores? 
• Who is responsible for calculating them?
• Is there anything can I do to improve them?
• How do I get mine?

Today, we are posting the next installment on our series or posts dealing with credit and will be discussing Credit scores.

These scores are calculated from the various data contained in your credit file, or credit report.  In the United States, the three main credit reporting agencies are Equifax, Trans Union and Experian and they all use a different formula to arrive at your score.  We generally advise our customers to purchase thier scores when the visit…

Today Jan and I will begin a series of posts in areas associated with home financing.  We will start with credit reports and cover topics such as credit repair and protection, a very important issue in todays world, and continue with material on various loan products available to borrowers in the current market.

Your credit report, or credit file disclosure, is a record of all of the information  that a credit reporting company has obtained about you from various sources, including companies that have extended credit to you as well as government entities such as the court system.  This file also includes information on who has requested or viewed your report.  

This report shows your payment history, account information such as the date the account was…