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Q3 Industry Insights: Inflation and Interest Rates Drop, Christmas Comes Early

True Accord

Tired of paying higher prices, consumers increasingly turned to cheaper alternatives, bargain hunted or simply avoided items they found too expensive, pressuring retailers to accommodate them or lose their business. The National Retail Federation is forecasting that winter holiday spending is expected to grow between 2.5%

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10 Reasons Why You Should Sign Up for Credit Repair Today

Credit Corp

However, a low credit score can make it nearly impossible for you to secure a loan. With a lower credit score, you’ll be slammed with higher interest rates when you apply for a loan or credit card. Nearly every lender in the country uses credit reports to determine whether they approve a loan application.

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How to Increase Your Credit Score to 800 (and Keep It There)

Credit Corp

These can include: Mortgage loans Installment loans Credit cards Retail accounts Finance company accounts You don’t need all of these account types on your credit report, but you should aim to have more than one since a person with an 800 credit score has an average of 8.3 Lower interest rates on loans and credit cards.

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Who Are the Major Credit Reporting Agencies?

Credit Corp

Equifax Founded in 1899 in Atlanta, Georgia, the Retail Credit Company grew quickly, and by the 1920s, it had offices all over America. At first, the Retail Credit Company published consumer data in a consolidated document called The Merchant Report. In 1976, the Retail Credit Company rebranded, and Equifax was born.

Lender 52