Understand Credit Reports, Scores and Ratings

Understanding and defining credit report, credit score and credit rating. First, credit report shows a snapshot of your credit history and is used to create credit scores and or ratings Second, credit score shows how much of a risk you could be to a lender. Some credit reporting companies use a scale from 300 to 900 and the higher the number the better your chances of getting a loan. Third, credit rating shows whether or not you pay your bills on time on a scale from one to nine. A

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How Do You Remove a Hard Inquiry From Your Credit Report? – Credit Karma Answers

Hi there! This is the Credit Advisor here having full knowledge about credit. And here’s our question for today: how do you remove those hard inquiries? We get this question all the time and I’m happy to answer it. So, the truth is you can’t. If you’re responsible for that hard inquiry, then. This will remain on your credit report for the next 2 years. However, your best shot at removing that hard inquiry is if you didn’t authorize it in the first place. It’s kind of like when I

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