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Keeping your credit score healthy post-...
Published:Tue, 15 Dec 2009 13:09:03 GMT
If youve made homebuying a New Years resolution , youll want to keep your credit score from slipping over the holidays. FICO, the credit-score company formerly known as Fair Isaac......
Enter the CCCS Credit Score Challenge f...
Published:Tue, 15 Dec 2009 13:00:00 GMT
In an effort to help people improve their financial fitness in 2010, Consumer Credit Counseling Service of Greater Atlanta is seeking 25 people in metro Atlanta to participate in ......
Eileen Ambrose: 8 popular credit score ...
Published:Mon, 14 Dec 2009 10:04:48 GMT
Eileen Ambrose: 8 popular myths about how to maintain a credit score......
NationalCreditReport.com Urges Consumer...
Published:Mon, 14 Dec 2009 14:03:00 GMT
Credit monitoring services company explains auto financing payments can increase significantly depending on credit score......
Decoded for consumers: truth about cred...
Published:Tue, 15 Dec 2009 19:40:58 GMT
Eight widely held myths about credit scores are debunked. One big one: You have to carry a balance to get a good score.......
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Credit Score and Leasing

Leasing and your credit score

Your credit score is part of the leasing decision. When you apply for a lease, your lease company will typically look at your credit score to decide whether you to approve the application.

The leasing contract stipulates that you make regular, monthly payments over your lease term. The credit score you lease company requests identifies how likely you are to make such payments. It is simply a number calculated according to a model that takes into account your payment history, any amounts you owe and credit currently in use.

It is very important to keep a good credit-score, usually above 700, to qualify for a lease or any other lending decision. Start by ordering your credit report from Fair Isaac Corp, the company that creates your credit score.

If erroneous data is held about you, then contact the creditor responsible and get such information corrected. Your payment history is the single most important factor in determining your credit score, so get in the habit of paying everything you owe on time and keep the balances low in your credit cards.


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