Andy Zain offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: Ways Credit Report Companies Use Your Information Author: Andy Zain Category: Credit Word Count: 397 Keywords: credit,report,companies,company,reports,free Author's Email Address: [email protected] Article Source: http://www.articlemarketer.com ------------------ ARTICLE START ------------------
If you've ever applied for a loan before or if you have credit accounts and credit cards, you may have knowledge on credit report companies. Many businesses rely on information from credit reporting agencies to supply them with up to date and past information on your finances so they can make a decision on extending credit. Here are a few insights into how credit report companies operate. There are three top, major credit report companies that are heavily used by businesses. Some companies report your payment history and reports to all three and some companies only deal with one of the three. If you are ever looking at your credit report, it is a good idea to look at what all three companies have. When you open up an account with a business, the creditor not only pulls your credit report to get an overview of your financial history, but once you make your first payment, your record begins with the credit reporting companies for that business to record your patterns. By making your payments by the established timeframes you will retain a positive payment history. It pays to know what your credit score is. This is a quick method of obtaining your credit profile. It provides a snapshot instead of in depth details. This score is arrived at by a calculation used by credit report companies. In most cases it is a score that will immediately tell someone if you have strong or excellent credit or bad credit. Facts about credit scores you should know is sometimes to keep a good credit record, you have to do more than make payments on time. Lenders look at how many open accounts you have and the total debt owed to determine if they should extend credit. If you have many accounts, it may appear as you are over extended. With a membership or subscription to the credit report companies, you can view your credit report at anytime. The credit reporting agencies have tools to help you efficiently manage your credit, set up alerts of any changes and updates from lenders, and provide a wealth of resources and information to assist you. This is a valuable asset to any consumer. It's recommended everyone check their credit report from time to time. Credit report companies make it easy to fix mistakes that you see. They work to assist the business community and you as the consumer. For more information and tips on credit reports, visit http://www.creditreportyes.com ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
