Jumat, 07 Oktober 2011

Texas was ranked higher than the national average credit rating

Consumer credit is credit monitoring company, which is known to Experian, a report published this week, has increased. More Americans have more cards are heavy users only get worse. Texas, the ranking card of the national average spend per well, the proportion with a dozen pieces, including the proportion of persons, their credit and more than 50%, not too bad.

Texas residents, each an average of 3.3 cards, slightly less than 1 percent of more than 10 rights. 44% of the study have more than three cards, please use more than 12.9 percent and half of your available credit. This is an average American with four cards, the use of their credit limit or% 10.50% who have been at least 10% is very good. New Hampshire, two cards and more cards on average (63.4%) and a ratio of more than 10 (203%) and the highest rating (5.3) is.  Lexington insurance company rating article

Experian survey was conducted by pulling a credit file ten thousand randomly 3.2215. Each state, as well as his own statistics, has a part of the national average. With Experian credit-system, "positive" results for many systems in use that were analyzed - are also very popular was FICO, Fair Isaac Corporation, was founded. Lenders use credit scoring, analysis, the acceptance or rejection of the definition of requirements and benefits. Lexington insurance company rating article.

Factors that may affect 20-30 credit score - just like credit cards. These are the general debt, the type of debt, payment history, credit information, so that you are bankrupt, health care costs remain. In the example of New England, but many users of credit has an average resident. Credit card abuse by their main problem. More than 65% Limits, poor to pay the card balance calculations and negative history. American debt: debt that carries a monthly Elizabeth Warren, co-author of the middle class, according to a professor of law and fragile Les Olives Harvard University Law School, is a bad sign. He said this means that he does not live on the income of the owner.

New England "Under normal circumstances, a higher score (credit). The Use", but "you pay your bills on time, your credit rating, Wilson, senior analyst, Peter Bailey does not meet requirements, said."

Despite the global credit, in the event of the moment, are particularly vulnerable to the credit of unpaid medical bills to 100/52% of population health crisis, Dallas, Houston, Austin and Texas to leave cities harm humans, a medically not contain 27% of young adult insurance. Credit report, according to a survey by Harvard because to prove the facts and another medical illness, to pay half of all bankruptcies in the U.S., debt and other bonds, in contrast to non-medical expenses no. Thereafter, unless the employer insurance because their health insurance, lost 38 percent in their medical problem a couple of points, based on these reasons.  Lexington insurance company rating article

Card itself, a high balance, in particular, bears, reason for concern. To eliminate high-risk borrowers in the bank general audit of federal funds under pressure, "is the card holders would double the minimum amount for payment to 4%. Much opposition to such movements, and more Americans to force them into bankruptcy, people, after all, the real estate market the problem of poor management and credit trends solved.

Who only itself credit card is not - is Robert D. Manning, Rochester Institute of Technology and New York, credit card director of consumer financial services the authors present situation the result of high profitability and very positive, and estimates that are a part of the credit card industry . He says it was forced to reduce the high costs of things like cards and bad credit and credit limits.

Not help the situation to miss a huge cock astronomical interest payments, to convince the payment, the assessment will only get worse. The legislation, allowing the big news - if ratings fall, larger loans, so these people because they are the real estate market. The best thing now? If it is liquid, store the credit card, or keep a good point. Wilson proposes that follows.

(1) Calculate the next train. To the effect of a small percentage of the balance to determine, for example, before you close a credit card.

(2) changing the type of loan. The car loans, mortgages, installment loans, credit cards, student loans can use a credit card or. This shows that it is possible to manipulate the situation of different types of creditors of the bonds.

(3) one-time payment! And timely claims payment regardless of what level, type of disability, your credit card will not be triggered.

(4) The available credit is less than 65%. If you pay your debts each month, they do. For scale, the better. Zero is the best way of course.

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