Credit inquiries, also known as credit checks, happen when a company or person has a legal reason to look at your credit report. Only so-called “hard” inquiries are shown to potential lenders, though you might see“soft” inquirieswhen you review your own credit report....
ALWAYS run a credit report on a prospective tenant. Banks lend money to creditworthy individuals. Banks are not in the business of losing money, nor should you be. As such, you should only rent your property to creditworthy tenants. When it comes to reading credit reports, there are 3 impo...
A good credit rating can impact your finances in more ways than one, so it’s vital that you know how to read your consumer credit report. When attempting to qualify for loans, credit cards, or lines of credit, lenders take your credit score into account. Your score determines in part w...
A free business credit report can provide a general overview of your business’s financial health. For ongoing monitoring of your business credit profile to build your credit score, it could be smart to invest in a paid monthly plan. Consumer credit scores can be complicated to understand, ...
At the same time, this information will only be useful to the extent that you understandhow to read it. If you're struggling to understand what a credit report is telling you (whether it's your own credit report or a new tenant or borrower you're evaluating), I will help you understan...
A credit report shows your loans, credit cards and payment history, as well as whether you’ve filed for bankruptcy. The three major credit bureaus—Experian, Equifax and TransUnion—collect information from public records and companies you do business with and use that information to create your...
If you're new to credit, you might be curious about how to decipher what is on your credit report. Learn how to navigate your report with this guide.
Judgments, Liens, Bankruptcies. The status is the most important part of this section. Check to see if it is satisfied (paid) if not satisfied, it is still owed Prior Inquiries Any time credit is pulled, an “inquiry” is placed on the credit report. This will tell you who looked at ...
How to get your credit report -- business.(Originated from Knight-Ridder Newspapers)Schneyer, Fred A
If you’re in business because you want to make a profit, you’ll want to know how to read anincome statement. Why? Because an income statement is a financial statement that indicates your company’s profitability. By reading it, you learn whether, during a specific reporting period, your...