Releases New E-book: Makes Understanding Credit Scores Easy for Everyone
27 February 2014
Credit score specialists have published yet another EBook, Understanding Credit Scores. The informative manual is written by credit score specialist Ethel Wilson and provides a step-by-step explanation of what a credit score is, how it is calculated, how the consumer can improve their credit history, and the different types of credit score model there are. The EBook also explains how creditors use credit scores in making their decisions on whether to extend credit to the consumer, and sets out in detail the reasons why credit scores are so important to them. Ms. Wilson is a financial and credit specialist with 12 years experience in the banking, credit scores, and financial industry, and has advised countless clients on how to improve their credit score rating. "A credit score is one of the most important numbers in our lives in today’s society," she says, "but unfortunately there are many individuals out there who have unnecessarily low credit scores." "To some extent low credit scores are caused by errors or mistakes in a person’s credit report," says Ms. Wilson, "but too often it is the result of bad financial practices. We hope to put an end to that with our new publication." Understanding Credit Scores not only explains clearly and concisely what a credit score is, but provides a detailed analysis of the difference between a FICO score and a Vanguard score, how the two models are calculated, how they are applied to a consumer’s credit application, and what steps consumers can take to ensure they have a healthy credit rating. For the person that doesn’t understand their credit score or the system and would like to know more, Understanding Credit Scores addresses that as well. The EBook lays out in detail how to go about getting a credit score from each of the three major credit reporting agencies in America – Equifax, Experian, and TransUnion. As easy as Understanding Credit Scores makes it to understand the credit scoring system and know how to access it, it would be a tragedy for anyone not to own it!