Abiblo Credit Repair - Poor Credit Repair
It is represented with orange on the pie chart.
Falls between the range of 561 - 720.
It requires for you to pay highest interest rate possible.
Abiblo Credit Repair - Fair Credit Rating
It is represented with yellow colour on the pie chart.
It indicates a credit score within the range of 721 - 880.
Chance to obtain credit with medium to high interest rate.
It is warning for credit organisation.
Still bad ad the credit would not be cheap.
Abiblo Credit Repair - Good Credit Rating
It is represented with light green on the pie chart.
It indicates the credit score within the range of 881 - 960.
It shows that it is safe to lend.
Various lenders to choose from.
able to get a competitive priced credit.
Abiblo Credit Repair - Excellent Credit Rating
It is represented with dark green on the pie chart.
It indicates a credit score within a range of 961 and over.
It shows an abundance of offer to lend your money with lowest rate available.
Introduction ( Credit Score)
Lender created credit score to establish credit worthiness.
The data of the borrower will be accessed and processed in the specific algorithm to predict future behaviour of the borrower.
The data might be held from the credit agencies such as Call Credit, Experian and Equifax.
Establishing credit history important. No credit history will cause it difficult for you to obtain credit for instance or a contract for mobile phone.
Steps need to be taken to establish credit score. Many lenders or utility provides have their own scoring system but may still rely on major credit rating agencies
The most popular agency is Experian. It has its own credit score.
The score ranges from 0 to 999.It is presented in the forms of pie chart later divided into 5 colourful parts. Red indicates very poor credit score, orange indicates poor credit score, yellow is fair, light green means good credit rating and dark green indicates excellent credit score.