Free Credit Score Check

Keeping track of your credit score is critical to maintaining a favorable credit score. In Nigeria, you must contact a credit bureau such as Firstcentral Credit Bureau, where you will fill out a credit score checker form and your credit score will be sent to you in a short time.   Things You Should Note A credit score is important in determining whether or not a lender will grant credit. Many banks and financial organizations use the FICO rating system. Repayment history, loan kinds, credit history duration, and an individual’s total debt are all factors in credit score. Credit usage, […]



Factors Affecting FICO Credit Scores and Their Percentages

FICO Credit Score is the most used in calculating of credit scores of individuals, here is some of the factors that determine your credit score by their percentage. Payment history (35%) Your track record of making (at the very least) minimal payment by the due date. Amounts owed (30%) How much of your borrowing capacity is actually being utilized. Divide total debt by total credit limits to arrive at this figure. Length of credit history (15%) Your active credit lines’ average age. Longer credit histories tend to demonstrate responsibility. Credit Mix (10%) The various sorts of active credit lines that[…]



Disputing Your Credit Score 

If you notice anything wrong or off the usual while checking your credit history or credit score, you can dispute this by following the appropriate channel. Filing a dispute has no effect on your credit score; however, if the information on your credit report changes after your dispute is resolved, your credit score may be altered. What you are disputing and the conclusion of the debate determine how it changes—whether it goes up, down, or stays the same. Late payments, for example, have a negative impact on credit scores; but, if a late payment was incorrectly reported on your credit[…]