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New Concepts In Credit Scoring
Did you ever think that applying for a car loan would
require scoring well on a test that you've been taking for
years but never really studied for? Scores are how
creditors determine your creditworthiness and the
likelihood that they are going to give you a loan.
Credit scoring was first developed in the 1950s, but over
the last couple of decades, it has become more
sophisticated and a crucial part of seeing whether giving
you money is worth the risk.
All three major credit agencies (Experian, Equifax and
Trans Union) worked to develop a generic scoring system
based solely on the information reported to them about an
individual. Credit scoring is a scientific meth... [ Read Article ] |
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Copyright 2012
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Home | Helpful Articles
Find out how to get your credit report or credit score from Experian. Fix your credit. Find tips, guides, and more information about Credit Dispute Experian Report..
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Atrium Announces Full Reinstatement of Credit Ratings (Business Wire via Yahoo! Finance)
DALLAS----Feb. 10, 2006--Atrium Companies, Inc. today announced that each of Moody's and Standard & Poor's has fully reinstated Atrium's prior company and debt credit ratings to B2 and B, respectively.
Credit warning for lines firms (Stuff)
Ratings agency Standard and Poor's has warned electricity and gas lines businesses they face a weakening of their credit ratings after Government intervention in Transpower's prices.
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