Too Many Consumer Finance Company Accounts on credit report

What is the meaning of “Too many consumer finance company accounts” on a credit report? “Too many consumer finance company accounts” is a mix of installment loans and credit cards beneficial to your score. Having too many finance company accounts or credit cards is considered harmful or negative for your credit score. Finance companies provide … Read more

Meaning of “Proportion of Loan Balances to Loan amounts is too High”

Proportion of Loan Balances to Loan amounts is too High Have you ever noticed something like “proportion of loan balances to the loan amount is too high” on your credit report? Most people do not know what it means and how to get rid of it. Your daily financial decisions can either help or harm … Read more