Credit Scoring Doesnt Rate You Personally

The credit scorers select certain characteristics that you share with others who have (or have not) paid their bills as scheduled; then, based on these selected characteristics, the scorer's mathematical formula assigns you a number. Supposedly, this assessment accurately gauges the risks you present to the lender—but it doesn't. Why? Because you are a unique individual. Although you share some similarities with this computer sample of borrowers, you also differ in many ways of which the credit scoring programs know nothing. These unaccounted-for differences may give you more (or less) borrowing credibility than your credit score indicates.

Credit scores parallel SAT scores and other college admissions tests. If you fail to register a top score, you can kiss Stanford good-bye—unless, that is, you write a superlative admissions essay and bolster your application with distinguishing achievements (and, of course, a big donation from your rich uncle wouldn't hurt your chances).

Credit Card Management Philosophy

Credit Card Management Philosophy

Everything You Need To Know To Ramp Up Your Life And Be A Success With Managing Your Credit Cards. This Book Is One Of The Most Valuable Resources In The World When It Comes To Getting Serious Results In Learning How To Manage Your Credit Cards.

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