Negative Credit Scores
Credit Bureau Central is an organization that attempts to collect active past due accounts, which can lower your credit rating.To qualify for a mortgage loan, your rating must be 620 or above.It's important to use the dispute form if you feel the score is in error.
Good Credit Scores
The three credit bureaus that store your credit history, as well as your public record information, are TransUnion, Equifax, and Experian. Your bill and credit-card payment history determines your credit score. The 600 to 660 range is a poor credit score. A good credit score is 700 and above.
Bottom Line
To have a good credit score, it's necessary to pay your bills on time. Only have three credit cards, or less, and pay more than the minimum payment due. Get a free report annually from each credit bureau and dispute anything that is wrong.
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