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Mortgage Professor about good credit history: 
Credit Reports and Credit Scores
November 24, 2004 What Is a Credit Report? A credit report is a report from a credit bureau containing detailed information bearing on credit-worthiness, including the individual's credit history. A typical credit report includes the following: Personal information. ... more...

Should FHA Loan Limits Be Raised?
October 11, 2001 "Periodically, legislation is introduced in Congress to raise FHA loan limits to those applicable to Fannie Mae and Freddie Mac.  Is this a good idea?" No. The result would be a rise in FHA ... more...

good credit history related definitions

Credit Score
Credit Score A single numerical score, based on an individual's credit history, that measures that individual's credit worthiness. Credit scores are as good as the algorithm used to derive them. The most widely used credit score is called ... more...

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

More about good credit history

Finding a Loan With Bad Credit
No matter what your credit history is the simple fact is that at some point in your life you will need a loan. If you have a few black marks on your credit report and you are feeling that your bad credit will not enable you to qualify for loans, do not feel despair because there are banks that will ... more...

Can Credit Search Entries Affect Your Ability to get Approved for a New Loan in the UK?
About Search Entries:Every time a lender checks your credit history from your credit file (i.e. each time you apply for a loan), your credit-file will have a record of this. These records are known as search entries. The search entries do not generally say whether you were approved or denied credit ... more...

The Payday Company Things To Look For To Avoid a Shady Payday Loan Lender
Payday loans arent just found at your local pawnshop; large financial companies are also in the business. Banks, credit unions, and financing companies offer services in this subprime lending market. There are also companies that conduct scams. Often these are operated overseas.Whos Offering Payday ... more...

Getting a Home Improvement Loan: What Your Bank Needs
The popularity of stores like Home Depot and Lowe's show how many homeowners are jumping on the home improvement bandwagon. Maybe you're thinking of redoing part of your house as well. Perhaps you want the kitchen of your dreams or an extra bathroom. You know you'll have to take out a loan to ... more...

Quick Cash with a Payday Loan
Hey! You need cash right away, but sometimes life gets in the way and you don't always have pocket change kicking around that's available to spend. Maybe it's all tied up for bills, or an emergency has reared its ugly head and you need some money to bridge you until your next paycheck.A payday loan ... more...

Searching for the Perfect Car Loan
Credit Unions have long been known as the place to go when you are in the market for a new or used car. Todays credit union pairs its long history of car financing with technological and bargaining tools that help consumers every step of the way.Of course, programs vary among credit union, but ... more...

No Credit Check Secured Loan: Best Solution For People With Bad Credit
Checking the credit history of any borrower is the most important step in any lending process. Lenders do this for obvious reasons but most of the borrowers hate undergoing credit checks, which disclose their credit history to strangers. This is especially true for those having poor credit history ... more...

Debt Consolidation Loan Helps You to Manage Your Debt
Debt is a source of finance that helps you, to fulfill your desires. In the past, you must have taken debt from more than one lender to meet your funds requirement. And now it is becoming difficult for you to handle so many lenders at one time. What will you do now? There is a solution to this ... more...

Is Getting A Personal Loan With Bad Credit Impossible? Think Again
A bad credit history is like having contracted an infectious disease. At least this is what most lenders perceive. Any requests for personal loans by people with a bad credit history are generally declined. They are charged an extravagantly high rate of interest, if advanced personal loans.What ... more...

How Your Personal Credit Affects Your Chances of Getting a Business Loan
Your business idea first begins with a dream, and then extends to a passion. The passion to do what you love leads you to need financial assistance. Having the means to expand on your passion will bring hope to your livelihood. Does your personal credit affect your chances of getting a loan to ... more...


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