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Reasons Why Your Credit Score May Stay The Same

We have written extensively in the past about how to improve your credit score, and to keep on top of your report. But for many, despite constant attempts to better their rating, they see little or no improvement. We have examined some of the main reasons why your credit score may stay the same. Because […]

Popular Credit Score Myths

As i recently began examining my credit history to work out how i could improve my reputation, it occurred to me it may be a good time to write another article on the subject. And a good place to start for me was popular credit score myths, as there are plenty about.  Earnings Dictate A […]

What Counts As A Good Credit Score?

We have looked in the past at credit scores. Usually we examined how to improve them, what effects them and so on. But what we often pass over is the key question of what counts as a good credit score. So we decided to put that right and take a look. What Counts As A […]

How Borrowing Can Affect Credit Scores

The most essential component in your credit is loans, and how you manage them. However, credit is tricky, and depending on your credit situation, you may ask whether loans help or hinder your credit ratings. New and existing debts might have a variety of consequences for your credit. Moolr investigates a frequent query. How borrowing […]

Keep An Excellent Credit Score

The more you understand about your credit score, the easier it will be to keep it up to date. Your credit score is calculated using a selection of pieces of information. These range from payment history, debt amount, credit age, credit mix, and recent credit activity. Some factors have no bearing on your credit score. […]

Checking Credit Reports

All of us will know that we have a credit report and a specific credit score. But how many of us regularly check it or even know what their score is? We all should, especially those that wish to borrow at any point. We take a look at checking credit reports. Checking Credit Reports – […]

The Importance Of Credit Scores

For a score with a range between 300 and 850, a credit score of 700 is considered good by potential lenders. A score of 800 or above on the same range is considered to be excellent. Most consumers have credit scores that fall between 600 and 750. In 2020, the average FICO® Score☉  in the […]

The Consequences Of A Bad Credit Score

As you are using credit facilities and paying bills, it probably won’t occur to you that your credit could be influenced by your actions. The practicality of your repayment reliability and the measure of obligation you are conveying affect your financial assessment. Mess up paying off debt and your financial assessment will plunge. Moolr investigated […]

Who Can Examine Your Credit Report?

Moolr have talked repeatedly on this site about credit reports and credit ratings. Their significance and what they intend to you. Yet, another angle that is important to many is who is seeing their own, monetary data. It’s a legitimate concern, so Moolr chose to respond to the inquiry – who can examine your credit […]

5 Habits That Hurt Your Credit Score

Your credit score is a fragile thing. Each month, you might notice your score shoot up or down, even if you’ve not done anything that feels out of the ordinary. We reveal 5 habits that hurt your credit score – and what you can do to avoid them.  Not spending at all You might be […]

How To Improve Your Credit Score

It has been a while since we covered the topic of credit scores, how to improve your credit score, and the impact of what is contained within a report. So we thought it time to take another look.  How To Improve Your Credit Score – Get on the electoral roll From the viewpoint of the […]

Credit file vs credit score – what’s the difference?

“Credit file” (or “credit report”) and “credit score” are terms that are often used fairly interchangeably, as if they represent the same thing. However, while both involve the same data these are two quite different elements in the picture of your financial health and history that available data can create. So, credit file vs credit […]

A Look At Credit Scores

A credit score is a tool lenders use to help determine whether you qualify for a particular credit card, loan, mortgage or a raft of other financial services. Using this information, financial institutions use an algorithm to provide everyone with a score or rating. This score is used by lenders to ascertain whether to lend […]

What does your credit score mean?

A credit score is a number between 300-850 that depicts a consumer’s creditworthiness. The higher it is, the better a borrower looks to potential lenders, and is based is based on credit history. This includes number of open accounts, total levels of debt, and repayment history, and other factors. Lenders use credit scores to evaluate […]

How To Improve Your Credit Score

Credit scores are important for any of us wishing to utilise credit options for a variety of reasons. You need a fairly healthy report to get a mortgage, credit card, loan and more. So if you have a poor score, you need to work on improving it. We take a look at how to improve […]

What Credit Score Do I Need To Get A Payday Loan?

The smallest requirements for borrowing vary between lenders. They can be the difference between rejection and approval of your loan. Yet, there are a few things that will help you get your loan approved. Read on to learn more as we examine a common question. What credit score do i need to get a payday […]

How Is A Credit Score Calculated?

Nowadays credit scores and ratings are something that we are more aware of than ever. Not least because the credit crunch made more people apply for credit. However, lenders are rejecting more applicants than normal because of the reluctance to lend as much.  Thus it makes us feel as if lenders are rejecting us all, […]

Credit Reference Agencies

Credit reference agencies. We hear them mentioned in passing a lot, and for those of us who have borrowed money, they are very important in our lives. But how much do we actually know about them? We decided to delve further. Credit Reference Agencies. Who Are They? There are 3 main credit reference agencies in […]

How To Improve Your Credit Score

We are often asked about credit scores by customers and those looking to borrow via a personal loan. Many worry that their score is not good enough to borrow. Some ask if applying will affect their rating. We take a look at what is entailed, and mainly we examine how to improve your credit score. […]

What Is The Difference Between Good And Bad Credit?

Credit, especially good, is very important. It affects almost every major buying decision. It can help us get a good rate on a card, car loan or home mortgage. It can also help us when it comes time to sign an apartment lease agreement or maybe even get a new job. But how do you […]

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