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your credit score, accurate information on your credit report whether bad or not
will still reappear after it has been verified.
8
Your race, color, religion, national origin, sex and marital status do not affect your credit
score. According to Equal Credit Opportunity Act, including these factors mentioned above will be a
violation of US law. This law also applies to individual creditors.
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9
US law, the Equal Credit Opportunity Act also prohibits any creditors from discriminating against
customers whose income are from assistance programs.
10
Lenders are only allowed to base their criteria on whether you get a loan or not, on your ability
and intent to repay a loan.
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Creditors may ask your age only to ascertain if you are old enough to enter a legal contract.
12
Closing an account does not make it go away. Closed accounts also count towards your
credit score. Your credit score is based your passed credit track.
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The longer you pay your bill on time the better your credit score even if you have made late payments in the past.
14
People with six or more inquiries into the credit report can be eight times more likely to declare bankruptcy than individual with none.
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