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Follow on Google News | Clean Credit Report - Get Your Free Credit Report to Lower Your Lending rateThe importance of a credit report and an individual's three digit score cannot be stressed enough. Get your free credit report - debtconsolidationcc.com
Clean Your credit get your free credit report - http://www.debtconsolidationcc.com/ Until recently it was capped at around eight hundred. This score reflects the history of individual in regards to credit repayment. Anything from a cellphone plan to a house payment can be reflected on a given credit report. A score of seven hundred or higher is considered excellent. This is the score that many lending institutions want to see in a prospective borrower. A score in the six hundreds, specifically six forty and above, is considered good credit. Many agencies, investors, and even the federal government see this as the cut off range for easy lending practices. Anything below six hundred is considered fair to poor. When an individual has a score in the five hundred range they often find their interest rates are higher on loans, if they can receive one, and they may need to acquire secured credit cards instead of the typical unsecured ones. Anything less than five hundred twenty is typically considered poor to very poor. Few if any individuals will loan to someone with such a rating. Those that will are generally scam artists, loan sharks, or will be charging extensive interest with a great deal of collateral on the line. The importance of a credit report and an individual's three digit score cannot be stressed enough. This is why the federal government mandated that all citizens will be allowed to view their credit report for free once per year. The reporting agencies that create these reports typically charge for them. This lead to many people being unable to see their information even though it was their financial history in question. Once a year is not enough, however. A truly dedicated individual will want to see their report at least once per month. This is to help prevent identity theft, make certain their finances remain in order, or to check on their unpaid balances for future repayment and credit repair. There are many online agencies that specialize in allowing people to view their files. Most of these offer free trial usages to allow the prospective client to familiarize themselves with the process. This is useful in maintaining and repairing a credit rating. Clean your credit check your free credit report - http://www.debtconsolidationcc.com/ End
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