Posts Tagged ‘transunion’

10 points Please, please help me!<3?

Monday, June 21st, 2010

7. Which term refers to the decrease in value of an asset over time?
Financing
Equity
Depreciation
Inflation

8. How much of your FICO credit score is determined by your payment history?
25%
35%
45%
55%

9. How do interest rates on a secured loan usually compare to credit card rates?
Higher
Lower
About the same
There’s no consistent relationship

10. Which of the following should you definitely NOT do when you pay off a credit card?
Celebrate
Use the card again
Close the account
Remove the card from your wallet

11. What do lenders get in exchange for money when providing a secured loan?
Collateral
Credit report
Interest payments
Principal

12. Which of the following is the worst type of debt?
A home mortgage
A car loan
A car lease
Credit card debt

13. Which of the following is NOT a credit reporting agency?
Equifax
TransUnion
American Express
Experian

14. Which type of debt is the least attractive for a consumer?
Unsecured debt
Secured debt
Mortgage debt
Lease debt

15. Why do lenders often charge higher interest rates on a car loan than on a home mortgage?
The car could be stolen.
The car could be destroyed in an accident.
You could move the car and they couldnt find it.
All of the above

16. Debit cards are most similar to which of the following?
Credit cards
Charge cards
Checks
Car loans

17. If the bank decides youve defaulted on a car loan, what will they do?
Refinance the car
Repossess the car
Depreciate the car
Inflate the car

18. How much of your FICO credit score is determined by your credit mix (number and types of loans/debts)?
10%
20%
30%
40%

19. When you pay for something with a debit card, what interest do you pay?
0%
Under 3%
About 10%
From 18% to 22%

20. How much of your FICO credit score is determined by your debt-to-income ratio?
30%
35%
40%
45%

(more…)

Why Bank’s FICO Score so different?

Sunday, October 25th, 2009

I applied for a Home Equity Loan from Bank of America. I was denied because they said my Transunion FICO score was 668. They only pulled my Transunion report – no late payments, only balance on one credit card out of 3 (10,000 total available), no collections, etc. Only thing is short history of 3.5 years for credit cards.

I checked my Transunion via Truecredit Score. TU 753, EX 743, EQ 724. I know these are considered FAXO scores.

So I check myfico.com scores. TU 734, EX 686, EQ 716.

My Experian VantageScore is 818 – Grade B – Prime Plus

How could Bank of America get a score of 668 using only Transunion? Even if you add all 3 myfico.com scores together and divide by 3, you still don’t get 668, you get 712.

I am going to other Banks. But just am curious how they got that score. It is like they pulled it out of thin air. Thank you for answers!!

(more…)

if i have past bad credit and want to get a home equity loan where do i go i own my home no payments?

Friday, July 31st, 2009

a few things come up on credit report

(more…)

please pleaseee help with Consumer Math B Final!! I need this grade!! please!!! part 1?

Friday, June 19th, 2009

1. What type of reports do Equifax, TransUnion, and Experian produce?

(1 point)
income studies
credit reports
crime rate statistics
bankruptcy filings
2. How long does a negative notation on your credit report last? (1 point)
one year
ten years
seven years
forever
3. When buying or selling a used car, whats the best resource on finding an accurate price? (1 point)
Cheryl Red Book
Kelley Blue Book
Paul Pink Book
Newspaper Advertisements
4. If you drive more than 15,000 miles each year, you should lease a car instead of buying one. (1 point)
True
False
5. 401-Ks and IRAs are examples of what? (1 point)
Debt Consolidators
Stock Markets
Retirement Accounts
Checking Accounts
6. What type of insurance pays you a monthly cash benefit in the event youre injured and cannot work? (1 point)
Automobile Insurance
Long Term Care Insurance
Disability Insurance
Life Insurance
7. Your annual household income is a part of your credit score calculation. (1 point)
True
False
8. A credit card is an example of what kind of credit: (1 point)
Deferred
Revolving
Interest-Free
Recurring
9. If you have a low credit score, youll pay more for insurance. (1 point)
True
False
10. An individual who prefers high risk investments with a (possibly) high-reward is called: (1 point)
Risk-finding
Risk-taking
Risk-seeking
Risk-searching
11. Wealthy people and companies that invest money in startup companies in exchange for a large share of future profits are called what? (1 point)
Venture capitalists
Loan sharks
Loan officers
Risk-averse
12. When someone prefers to invest and participate in the founding of new companies instead of investing in savings instruments or the stock market they would be called what? (1 point)
Risk-averse
Entrepreneurial
Unilateral
Risk-finding
13. What federal program makes sure your bank deposits are never lost due to bank bankruptcy? (1 point)
The Federal Deposit Insurance Corporation
The World Bank
The Securities and Exchange Commission
The Federal Reserve Bank
14. What is the single best way to increase your long-term income? (1 point)
receive a promotion
receive a merit pay increase
increase your educational level
invest in startup companies
15. What is the best way to decrease your expenses? (1 point)
pay down any outstanding credit cards
get a smaller apartment/house
sell your automobile
diversify
16. Which of the following expenses would be considered discretionary expenses? (1 point)
rent
electricity
credit card payments
magazine subscriptions
17. When an asset (something of value) is always connected to the ground and cannot move it is called what? (1 point)
Liquidated
Real Property
Collateral
Real Estate
18. Expenses such as electricity, telephone service, and water service are called what? (1 point)
Bills
Debt
Utilities
Revolving Credit
19. The money you pay to an insurance company to insure your property or asset is called what? (1 point)
An insurance premium
An insurance deductible
An insurance payment
Insurance coverage
20. When an asset (something of value) such as an automobile or home is voluntarily sold for cash, it would be considered what? (1 point)
Refinanced
Liquidated
Collateral
Repossessed
21. Documentation from an insurance company that states what item or property is insured and the amount that you will receive if the property is destroyed is called what?

(1 point)
An insurance premium
An insurance declaration
An insurance policy
An insurance deductible
22. An Emergency fund should be made up of what? (1 point)
Real property
Savings instruments
Stock
Cash Only
23. The amount of money youre likely to make in a lifetime is called what? (1 point)
tax bracket
income potential
taxable income
equity
24. When inflation is high, on a daily basis the money in your pocket becomes what? (1 point)
Worth more
Worth less
Liquidated
Discretionary spending
25. A numerical comparison between two figures is called what? (1 point)
a ratio
a percentage
a sum
a difference

Consumer Math Help Plzzz?

Thursday, June 18th, 2009

1. What type of reports do Equifax, TransUnion, and Experian produce?(1 point)
income studies
credit reports
crime rate statistics
bankruptcy filings
2. How long does a negative notation on your credit report last? (1 point)
one year
ten years
seven years
forever
3. When buying or selling a used car, whats the best resource on finding an accurate price? (1 point)
Cheryl Red Book
Kelley Blue Book
Paul Pink Book
Newspaper Advertisements
4. If you drive more than 15,000 miles each year, you should lease a car instead of buying one. (1 point)
True
False
5. 401-Ks and IRAs are examples of what? (1 point)
Debt Consolidators
Stock Markets
Retirement Accounts
Checking Accounts
6. What type of insurance pays you a monthly cash benefit in the event youre injured and cannot work? (1 point)
Automobile Insurance
Long Term Care Insurance
Disability Insurance
Life Insurance
7. Your annual household income is a part of your credit score calculation. (1 point)
True
False
8. A credit card is an example of what kind of credit: (1 point)
Deferred
Revolving
Interest-Free
Recurring
9. If you have a low credit score, youll pay more for insurance. (1 point)
True
False
10. An individual who prefers high risk investments with a (possibly) high-reward is called: (1 point)
Risk-finding
Risk-taking
Risk-seeking
Risk-searching
11. Wealthy people and companies that invest money in startup companies in exchange for a large share of future profits are called what? (1 point)
Venture capitalists
Loan sharks
Loan officers
Risk-averse
12. When someone prefers to invest and participate in the founding of new companies instead of investing in savings instruments or the stock market they would be called what? (1 point)
Risk-averse
Entrepreneurial
Unilateral
Risk-finding
13. What federal program makes sure your bank deposits are never lost due to bank bankruptcy? (1 point)
The Federal Deposit Insurance Corporation
The World Bank
The Securities and Exchange Commission
The Federal Reserve Bank
14. What is the single best way to increase your long-term income? (1 point)
receive a promotion
receive a merit pay increase
increase your educational level
invest in startup companies
15. What is the best way to decrease your expenses? (1 point)
pay down any outstanding credit cards
get a smaller apartment/house
sell your automobile
diversify
16. Which of the following expenses would be considered discretionary expenses? (1 point)
rent
electricity
credit card payments
magazine subscriptions
17. When an asset (something of value) is always connected to the ground and cannot move it is called what? (1 point)
Liquidated
Real Property
Collateral
Real Estate
18. Expenses such as electricity, telephone service, and water service are called what? (1 point)
Bills
Debt
Utilities
Revolving Credit
19. The money you pay to an insurance company to insure your property or asset is called what? (1 point)
An insurance premium
An insurance deductible
An insurance payment
Insurance coverage
20. When an asset (something of value) such as an automobile or home is voluntarily sold for cash, it would be considered what? (1 point)
Refinanced
Liquidated
Collateral
Repossessed
21. Documentation from an insurance company that states what item or property is insured and the amount that you will receive if the property is destroyed is called what?

(1 point)
An insurance premium
An insurance declaration
An insurance policy
An insurance deductible
22. An Emergency fund should be made up of what? (1 point)
Real property
Savings instruments
Stock
Cash Only
23. The amount of money youre likely to make in a lifetime is called what? (1 point)
tax bracket
income potential
taxable income
equity
24. When inflation is high, on a daily basis the money in your pocket becomes what? (1 point)
Worth more
Worth less
Liquidated
Discretionary spending
25. A numerical comparison between two figures is called what? (1 point)
a ratio
a percentage
a sum
a difference
26. When your credit score is poor, your mortgage interest rate will be: (1 point)
Higher
Lower
27. A revolving credit account where the cardholder must pay the full account balance each month is called what? (1 point)
a charge card
a debit card
a credit card
a gift card
28. In a list of numbers placed in numerical order, the middle number is called what? (1 point)
the average
the median
the difference
the total
29. A FREE warranty from an automobile manufacturer that covers any and all mechanical problems for a specified period from the purchase date is generally called what? (1 point)
Supplemental insurance
Bumper-to-Bumper warranty
Manufacturers extended warranty
Sellers guarantee
30. A short-term financial goal is achieved within what time period? (1 point)
10-25 years
1-12 months
1-5 years
30 years
31. E

Related ‘transunion’ sites :


TransUnion
Providing credit reports and identity evaluation solutions for consumer-oriented businesses.
www.transunion.com
 
TransUnion Personal - Credit Reports, Credit Scores, Identity ...
TransUnion offers credit monitoring to help you manage your credit report, including credit score and mortgage rate information and credit report monitoring.
www.transunion.com/corporate/personal/personal.page
 
TransUnion Canada –Check Your Credit Report & Credit Score Online
Get quick access to your credit profile and credit score online at TransUnion Canada. You can also learn how to request a free credit report.
www.transunion.ca
 
TransUnion - Wikipedia, the free encyclopedia
TransUnion was built from acquisitions of major city credit bureaus, with service agreements with local owners of bureaus which were not for sale. ...
en.wikipedia.org/wiki/TransUnion
 
TrueCredit.com
Offers credit reports and scores.
www.truecredit.com
 
TransUnion
Please visit www.annualcreditreport.com if you're eligible to order a new free annual credit report or go to www.transunion.com to learn about ...
annualcreditreport.transunion.com
 
TransUnion South Africa: Credit solutions for individuals and ...
Securely check your credit status & how your credit history affects your financial reputation. Order a single copy or access anytime. It's easy & safe.
www.transunion.co.za
 
TransUnion Direct – Achieve More™ with the customer ...
Get direct access to TransUnion fraud, risk, collections and credit reporting services by using TransUnion Direct. Simply log in from your web browser for fast, easy ...
direct.transunion.com
 
TransUnion
If you're already a user of TransUnion.com or TrueCredit.com, use the Members login area below. If you would like to use this service online, even ...
annualcreditreport.transunion.com/fa/securityFreeze/landing
 
Trans-Union Customs Service

www.trans-union.com
 

Powered by Yahoo! Answers