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Understanding Your Credit Report
is an easy-to-follow, self-guided, interactive tutorial designed
to help you (whether as an individual or a small business
owner) understand your credit report and increase your awareness
of the factors that impact credit worthiness.
This
course will enable you to:
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Analyze
and interpret a credit report and recognize the relative
importance of various factors in determining a credit
rating.
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Contact
major credit bureaus to correct errors and resolve credit
report disputes.
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Recognize
what lenders look for in a credit report, as well as how
they decide how much to loan and what interest rate to
charge.
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Use
the latest tips on how to strengthen your credit rating.
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Locate
providers of additional credit assistance and information.
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Money
may make the world go around; however, it's often not how
much money you have, but how much you can access that has
the greatest impact on your lifestyle or the success of your
business. Your ability to access money is heavily influenced
by your credit report and credit score - a numeric value lenders
use to determine the likelihood that you will repay a loan
on schedule.
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Your
credit report is a record of your credit history. Credit reports
in the United States are compiled by three major national
credit bureaus. Information from these reports is used to
determine your credit score. Your report not only affects
whether or not you get a loan but also impacts the terms and
interest rate of that loan.
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Too
many people mistakenly believe that, as long as they pay their
bills on time, their credit report will be fine. You can only
be sure that all information on your report is correct, or that
your credit score is not adversely affected by long-forgotten
credit cards or obligations, if you review your credit report
thoroughly and understand what all of the data really means.
If you don't know what's on your credit report, you are at a
huge disadvantage. |
"Understanding
Your Credit Report" could be one of the most important courses you
will ever take because it gives you all the information and tools
that, until now, only the professional lenders have had.
Enjoy!
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