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Written by Beth Reynolds
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As far as the bank cares, credit reports tell no lies  What is a Credit Report?A Credit Report is a document containing your credit history, credit activity and personal information. This report is created by the three major credit bureaus, which are private companies, and are independent of each other. The primarily purpose of a credit report is to provide creditors with information about you, to determine whether or not they will extend you a line of credit. In some cases a credit report can be reviewed prior to establishing an insurance policy or offer a position for employment. Most consumers check their credit report in an attempt to prevent identity theft and to use as leverage when purchasing a car or a home.
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Written by Lizzette Flores
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FICO (Fair Isaac COrporation) is a credit score that is given to each individual. This method of credit scoring is based on determining the likelihood that credit users will pay their bills. Since the late 1950’s, scoring has become accepted by lenders as a means of credit evaluation. When you are looking to buy a home, a car or any other large purchase by credit, lenders are interested in checking your credit score. Nowadays creditors are interested in looking at your FICO score. What is a FICO score you may ask? When a credit report is generated for a purchase of a home, for example, a total score is generated when your information is inputted. There are many factors that are considered when reaching a score. Like, whether you pay your credit cards, loans, or any other credit items in a timely fashion. Scores range from a low of 300 to high of 900. 
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Written by Keith Easley
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Reduce the chances of being a victim of Identity Theft.
According to a report released by the federal government Identity theft statistics are on the rise and measures to the extent that one out of four households in the United States has been a victim of identity theft. A Federal Trade Commission survey states that in the last year alone, 10 million people have fallen victim to this rising crime waive.The number is shown to be on the rise as the use of online shopping by the average houshold increases through out the U.S. Identity theft will costs victims billions of dollars in out of pocket expenses which in retrospect is just a small percentage to the losses that businesses and financial institutions consistently report. The Solution "freeze it!"
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Written by Randy Miller
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Your First Credit Card Is The Beginning Of Your Financial Responsability
Credit-card issuers want you as a customer. Go ahead, respond to one of thise solicitation that comes in the mail (or compare deals online at www .creditcards.com). If the bank where you currently have a checking or savings account issues credit cards, be sure to apply there. Or apply for a retailer or local department store credit card. Such cards are exceptionally easier to get, and you can build up a good credit history in about 6 months to a year by making sure you pay your bill on time. Then apply again for a one of the more popular cards like MasterCard or Visa. If you run into any problems with your application, apply for a secured card, which will require you to make a savings deposit equal to the credit line which is available when you apply.
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Credit 
