A credit inquiry is logged when someone, either an individual or a business, requests the credit history from one of the three main credit repositories of Equifax, Experian and TransUnion. Credit inquiries are also play a part when calculating a credit score. But there can be concerns when there are
Credit Insights
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What is bad credit? Ask a hundred lenders and you’re bound to get a hundred different answers. The truth is: you have dozens of credit scores, and they vary depending on the credit bureau and scoring model. It’s your FICO score, however, that really matters; 90% of lenders use this
Before applying for a mortgage loan, prospective borrowers will often pay down debts or pay off existing loans to increase their odds of approval. Usually, this process is a no-brainer, but there’s one type of financing that could act against those efforts: a car lease. Here’s why. Unlike car loans,