Home  |  Personal Finance  |  Loans  | 

Understanding Credit Scores

Who uses credit scores?

To properly view this site, javascript must be enabled and Flash version 9 or higher must be installed.
Get the latest Flash player

  • What is credit?

    In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.

  • What is a credit score?

    In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.

  • How to Repair your Credit

    In this video, financial planning professional and member of the Financial Planning Association®, Cal Brown, MST, CFP®, describes the four important steps to improving your credit.

  • Checking your Credit Report

    In this video, financial planning professional and member of the Financial Planning Association®, Cal Brown, MST, CFP®, describes the four important steps to improving your credit.

  • Improving your Credit Score

    In this video, financial planning professional and member of the Financial Planning Association®, Cal Brown, MST, CFP®, describes the four important steps to improving your credit.

  • How to Read & Correct Credit Report Errors

    In this video, financial planning professional and member of the Financial Planning Association®, Cal Brown, MST, CFP®, describes the four important steps to improving your credit.

  • What should I do if there is inaccurate information on my credit report?

  • What is debt?

    In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.

  • What is a debt management plan?

    In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.

  • Why is savings so important for debt management?

    In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.

Markita Aldridge
Mortgage Consultant, WestStar Mortgage
www.thelendingadvisors.com  
703-497-3936

Markita has been called :The Queen of Mortgage Financing especially after a BK". Since 2002, Markita has been a top-producing loan officer with WestStar Mortgage located in Lake Ridge, VA. She offers her clients expert service in mortgage financing regardless of credit history. Markita's former career as a professional basketball player with the "Washington Mystics of the WNBA" has been her foundation for creating a TEAM atmosphere when dealing with her mortgage clients. She truly believes Together Everyone Accomplishes More! You can visit her website at <a>www.TheLendingAdvisors.com</a> for more information and several FREE mortgage reports that reveal lending secrets other mortgage bankers don't want you to know!

Who uses credit scores?

 

This expert: 29,380 views

This series: 11,072 views

Download to Mobile Device
Tags:

Credit

,

Debt

,

Bills

,

Payments

,

Pay

,

Counseling

,

Cancellation plan

,

Bankruptcy

,

Financial

,

Finances

,

Money

Comments:

0 (Read Comments) (Add Comment)

Print

Transcripts

Host: Who uses credit scores?

Markita Aldridge-Woods: Well, first of all, a credit score is a mathematical model used to determine how likely a bar is to pay back a loan on time and who uses credit score is a wide range. Lenders such as myself use credit scores, as well as credit card companies, but even today now cell phone companies, jobs, even life insurance and car insurance actually use credit scores.

Other Videos

  • How to Invest in a Down Market

    How to Invest in a Down Market

    In this video, Financial Planner Thomas Cymer discusses some tips and possible strategies you could implement to help preserve the value of your portfolio and position yourself for future growth. The video is geared toward the long term investor, those who may be already retired or approaching retirement and are looking to prepare themselves for the certainty of uncertainty.
  • What investments fall in the asset class "Hard Asset Stocks?"

    What investments fall in the asset class "Hard Asset ...

  • What goes into a budget?

    What goes into a budget?

    In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination. This video is designed to deliver basic financial information to assist individuals and families to be able to identify goals and process strategies for their specific financial needs. The topics included in this video cover are: self-evaluation of debt load, budgeting strategies, understanding the effects on your credit and scores, why savings is important, how to develop a debt elimination plan, and the importance of financial education and how financial counseling may be useful.
  • What are the first steps to take in starting a business?

    What are the first steps to take in starting a ...

  • What is identity theft?

    What is identity theft?

    In this video, Linda Sherry details the best ways to prevent identity theft and what you can do if you think your identity has been stolen.
  • How does your mortgage decision relate to product?

    How does your mortgage decision relate to product?

    In this video, mortgage advisor, Jeff Thomas describes how to purchase your first home and the process you must go through to obtain a mortgage. This video is designed for first time homebuyers and also provides valuable information to indivduals who have purchased a home in the past. This video includes an overview of the four parts of a loan file, mortgage jargon, the loan process, house hunting, the types of mortgages available and the 7 steps on how to manage your mortgage correctly.