CONSOLIDATE DEBT NOW BLOG

Posts Tagged ‘high interest credit card debt’

There are millions of clients who have poor credit and have been declined by the bank.  In today’s society major banks place almost all of their emphasis on credit score.  Most major banks base a client’s credit worthiness on their beacon score.  Your beacon score is a number that is assigned by the credit bureau to you and is calculated on a number of factors.  The primary factor is your past and present repayment history.  The problem with this score is that it does not account for credit reporting errors, extenuating circumstances or sheer misfortune…..(read more)