Credit score quiz

By
Real Estate Services with Cambridge Credit Consultants

 

On average, those polled only scored a 60 on the survey, The point is “a low passing grade” on a school level. (You can take the quiz yourself at www.creditscorequiz.org .)

 

Here are a few other things that most respondents didn’t seem to know:

 

Credit scores aren’t about your ability to pay the loan but about the risk of you not paying the loan. Your income could be high and outstanding debt more than manageable to easily assume that $20,000 car loan, but if your track record of paying bills on time is far from stellar, that makes you a credit risk that most lenders won’t take on without just rewards, or a high interest rate, for doing so.

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the envelope to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
ActiveRain Community

Comments 1 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the sunglasses to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
170,695
Jark Krysinski
TeamYVR Team Leader, BA,ABR,IRES,IMSD,LLB
REMAX CREST REALTY WESTSIDE

Hi Martin - Thanks for this information.  I want to give my clients who may not have "ideal credit" some background information on where to go to repair it and your article was useful in this process.  Best of luck with your work.  

PS. if you are looking to expand your referral network in Vancouver, BC, Canada send me a shout and we'll discuss.

July 12, 2012 11:35 PM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the eye to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
16,303

Martin Mills

Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the leaf to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

The Truth on Credit Restoration, Credit Repair and How Long to Repair Credit Contrary to what the credit bureaus would like you to believe, credit repair does work and can work for 100% of people in most circumstances when accompanied with Credit Coaching and Credit Education. This is, of course, provided you are getting the best advice and have an experienced professional working on your case. How long to repair credit is really the question and that will depend on your situation. If you are looking for FHA credit or credit to obtain a FHA loan that will be different than someone who wants their score high enough to realize the benefits a 720 credit score can give you.