Credit scores are used by creditors to indicate probability that an individual will repay their debt. Usually in the 300-900 range, the higher the number the better the score. Typically, scores are determined by reviewing the following data:
When applying for a loan, credit or mortgage, creditors look at several factors in your credit background before approval. It's important that you stay on top of your credit payments and more in order to improve your credit rating. Here's what creditors commonly review:
Take the steps to protect you and your credit against identity theft. Check your credit report regularly to reveal any suspicious activity on inactive accounts or new unauthorized accounts. Here are some other steps to keep your identity safe:
First PREMIER Bank wants you to protect your credit history. It's important when you're looking to apply for other credit, purchase a home or car, and for many other reasons. Here are some tips to follow to help you ensure a positive credit proﬁle:
Offers of easy credit or credit without a credit check. No one can guarantee to give you credit. Before deciding whether to give you a credit card, legitimate credit providers examine your credit report.