Bad Credit Loan
Bad Credit Loan
Bad Credit Loan
Bad Credit Loan
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  .: Bad Credit Loans
  .: Mortgage Refinance

unsecured personal loan


Factors Affecting Your Credit Score

While we don't know exactly how
a credit score is determined, FICO considers the following factors (the approximate weight it assigns
to each factor is in parentheses):

1 - Payment history (35%). Your score is negatively affected if you have paid bills late, had an account sent to collection or declared bankruptcy. The more recent the problem, the lower your score -- a 30-day late payment today hurts more than a bankruptcy five years ago.

2 - Outstanding debt (30%). If the amount you owe is close to your credit limit, that is likely to have a negative effect on your score. A low balance on two cards is better than a high balance on one.

3 - Length of your credit history (15%). The longer your accounts have been open the better.

4 - Recent inquiries on your report (10%). If you have recently applied for many new accounts, that may negatively affect your score. Promotional inquiries don't count.

5 - Types of credit in use (10%). Loans from finance companies generally lower your credit score. FICO says this is most important when there isn't a lot of other information upon which to base a score.

Although this is a good guide as to what credit scoring companies deem important, keep in mind that some companies may consider different factors.

Among the items that credit scoring companies cannot consider are age, race, gender, education, national origin, marital status and receipt of public assistance.

The Access My Loan 100% Satisfaction Guarantee:
"We are so confident that you will be satisfied with our services that we guarantee it, 100%. With our help, you will be able to get the loan you need right away. We will secure your loan for the amount you want regardless of your Credit Score or History. You have nothing to lose, Your Satisfaction is Absolutely Guaranteed! That is how confident we are in securing a loan for you."

We are positive you'll get approved. Apply NOW and get the money you need TODAY!

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