VideoCreditScore.com™ - The New Way to Learn Credit Scoring

San Francisco, CA (PRWEB) May 2, 2008 -- VideoCreditScore.com announced the launch of its new website to give consumers, real estate professionals and credit professionals a new way to learn about...

5 tips to ease the blow of bad credit

There's no doubt that you've been hearing a lot about the credit crunch, but do you know what it actually means for you as a consumer? Judging from the questions I've been receiving, many people do not. That's because it's complicated, and if you're not in the market for a mortgage or a car loan, it's easy to dismiss this as something that doesn't apply to you.But that would be a mistake because sooner or later, you're likely to be affected. Credit card offers are already starting to slow (Synovate, a marketing research firm, found that offers in the second quarter of this year were down 17 percent when compared to 2007). The limits on existing cards are in danger of shrinking, and your credit history is being held to a much higher standard. What does that mean? Well, if you do happen to be in need of a mortgage, home equity or car loan, you might have a tough time finding a lender and a decent rate. These days, your credit score has to be in the 760 range — or better

Answer Desk: Why do U.S. refiners export fuel?

With gasoline prices zooming toward $4 a gallon — and beyond — readers are looking for relief and explanations. If fuel is in such short supply, why are refiners shipping some of it out of the country?

Complaints: FICO Scores Drop Over 100 Points After Sallie Mae Recode, Potentially Millions Affected

Consumers are complaining that a change in how Sallie Mae decided to recode some loans caused their credit score to drop by over a hundred points. That's enough to make a $93,240 difference in a home loan's total cost. Here's what happened.

Credit After Bankruptcy - Tips To Boost Credit Score

However, opening new credit accounts is the first step to rebuilding credit. Low credit scores are common following a bankruptcy. This makes it difficult to obtain a mortgage, auto loan, etc.