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How to Tell If You Have a Credit Score

Credit Corp

This score is what creditors use to determine your ability to repay debt and assess your overall credit risk. FICO is the most common credit score, but some creditors may use other credit ratings, such as VantageScore. A credit inquiry occurs when a potential lender or creditor submits a request for your credit report.

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Credit card debt has plunged

Collection Industry News

If you haven’t looked around for a better deal on your auto insurance, you may be overpaying by as much as $1,100 every year. Then, apply the same approach to your homeowners insurance to ensure you save hundreds every month on that policy too. Make saving your policy. Save big on every purchase.

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A giant US hospital chain says it’s leading the fight against medical debt. Not all patients agree

Collection Industry News

Under North Carolina law, a debt judgment is issued by the court when a creditor successfully sues a debtor. Similarly, 77% of those debt judgments were against patients living in census tracts where the median household income is between $40,000 to $100,000. The health system has said Folwells comments are neither accurate nor fair.

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Who Are the Major Credit Reporting Agencies?

Credit Corp

Tradelines include credit cards, bank accounts, mortgage lenders, and other creditors. While many creditors report to all three major credit bureaus, some only report to one or two. Instead, each agency gathers your data from its own sources, which are primarily creditors. Then, they list information about consumer tradelines.

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