Credit Score importancia en los Estados Unidos
El credit score o historial crediticio es importante para que bancos, compañías de servicios públicos, empresas créditos al consumo... evalúen tu solicitud de dinero y la concedan o no.
Tu Informe de Crédito
Un informe de crédito es un registro de tu historial crediticio que incluye información sobre:
- Tu identidad: Nombre, dirección, número de Seguro Social completo o parcial, fecha de nacimiento y, posiblemente, información de empleo.
- Tu crédito actual: Información sobre el crédito que tienes, como cuentas de tarjetas de crédito, hipotecas, préstamos para automóviles y préstamos estudiantiles. También puede incluir los términos de tu crédito, cuánto debes a tus acreedores y tu historial de pagos.
- Tu historial público: Información sobre cualquier sentencia judicial en tu contra, gravámenes fiscales sobre tus propiedades o si has declarado bancarrota.
- Solicitudes sobre ti: Una lista de empresas o personas que han solicitado recientemente una copia de tu informe.
El credit score es importante para:
Es importante para que prestamistas, aseguradoras, empleadores y otros puedan evaluar cómo manejas tus responsabilidades financieras. Por ejemplo:
- Los prestamistas pueden usar la información para decidir si te otorgan un préstamo y en qué términos, como la tasa de interés.
- Las aseguradoras pueden determinar si calificas para un seguro y las tarifas que pagarás.
- Los empleadores, con tu autorización, pueden usar tu informe para decidir si contratarte.
- Las compañías de servicios telefónicos y públicos pueden decidir si ofrecerte servicios.
- Los propietarios pueden determinar si alquilarte un apartamento.
Las agencias de calificación crediticia
Hay tres principales agencias de crédito: Equifax, Experian y TransUnion. Estas recopilan y mantienen la información que aparece en tu informe de crédito y la proporcionan en forma de informe a empresas o personas que lo soliciten, como prestamistas que evalúan otorgarte crédito.
Estas agencias de crédito obtienen información de tus acreedores, como bancos, emisores de tarjetas de crédito o compañías de financiamiento de automóviles, y de registros públicos, como registros de propiedad o documentos judiciales. Dado que cada agencia recopila información de diferentes fuentes, el contenido de los informes puede variar entre agencias.
Estas agencias de crédito sólo realizan el credit score, no deciden si se te concede o no un crédito.
Más información sobre el credit score
Cómo obtener tu credit score
Puedes obtener un informe de crédito gratuito cada 12 meses de cada una de las agencias de crédito nacionales (Equifax, Experian y TransUnion) visitando www.annualcreditreport.com o llamando al (877) 322-8228. Deberás proporcionar información como tu nombre, dirección, número de Seguro Social y fecha de nacimiento.
Puedes solicitar los tres informes al mismo tiempo o en distintos momentos del año, dependiendo de tu objetivo. Por ejemplo, para una visión completa de tu historial crediticio, revisa los tres informes a la vez. Si deseas detectar errores o monitorear cambios, revisa un informe cada cuatro meses.
En caso de urgencia o de necesitar más de un informe al año puedes contactar con las agencias comentadas y pagar / comprar un informe actualizado:
Equifax: Call 1-800-685-1111 or visit www.equifax.com/compare-products
Experian: Call 1-888-397-3742 or visit www.experian.com/consumer-products/personal-credit.html
TransUnion: Call 1-800-493-2392 or visit www.transunion.com/corporate/personal/creditTools.page
Understanding Credit Reports and Scores in US
Understanding Credit Reports and Scores in US
Your credit report and score are vital financial tools used by lenders, employers, landlords, and others to evaluate your financial responsibility. Here are key points:
Credit Report
- Definition: A detailed record of your credit history, including your identity, credit accounts, public records (e.g., bankruptcies), and inquiries about your credit.
- Importance: Lenders, insurers, employers, and service providers use it to assess your reliability and determine terms for loans, insurance, or employment.
- Major Bureaus: Equifax, Experian, and TransUnion compile credit data from creditors and public records.
- Access: You can request a free credit report annually from each bureau at AnnualCreditReport.com.
Credit Score
- Definition: A numerical summary (300–850) of your creditworthiness, based on factors like payment history, credit utilization, and debt levels.
- Use: Determines loan approvals, terms, and interest rates.
- Changes: Scores fluctuate with updates to your credit report, like paying down debt or correcting errors.
- Access: Some lenders provide free scores during applications, or you can purchase them directly from credit bureaus.
Getting your Credit Score
In certain situations, lenders may provide your credit score at no cost when you apply for credit. For instance, if you apply for a mortgage, the lender will share the credit score(s) used to evaluate your eligibility and the terms of the loan. Similarly, you might receive your credit score for free when applying for other types of credit, such as a car loan or a credit card.
You may also purchase your credit score from any of the credit bureaus by calling them or visiting their websites:
Equifax: Call 1-800-685-1111 or visit www.equifax.com/compare-products
Experian: Call 1-888-397-3742 or visit www.experian.com/consumer-products/personal-credit.html
TransUnion: Call 1-800-493-2392 or visit www.transunion.com/corporate/personal/creditTools.page
Improving Credit
To improve your credit, pay bills on time, reduce debt, and monitor your credit report for errors. For detailed guidance, refer to the Federal Reserve’s "5 Tips for Improving Your Credit Score."
Correcting Errors
If your report contains inaccuracies, dispute them with the credit bureau or the entity that provided the information. Online resources for disputes are available at Equifax, Experian, and TransUnion websites.
Unsolicited Credit Offers
Credit bureaus may share your information with lenders for marketing purposes. To opt out of unsolicited offers, visit OptOutPrescreen.com or call 1-888-567-8688.
By understanding and managing your credit report and score, you can enhance your financial opportunities and secure better terms on credit and insurance.
Santander Bank Personal Loans
Are you looking for financing?
The Santander Personal Loan is designed to offer you flexibility, convenience, and exclusive benefits.
The Santander Personal Loan is an unsecured type of financing, which means you don’t need to offer assets like your home or other property as collateral. The amount you can apply for depends primarily on your credit history rather than the equity in your home or the value of other assets.
Once a personal loan is approved, you receive the funds in a single upfront payment, giving you immediate access to the money. Additionally, the interest rates for this type of loan are fixed throughout its term, ensuring predictable monthly payments with no surprises.
Key Advantages of the Santander's Personal Loan
Competitive Interest Rate:
Enjoy rates starting as low as 7.99%*.
No Impact on Your Credit Score:
Check your rate and available loan amount in minutes without affecting your credit score.
Fast and Hassle-Free Process:
Apply online in less than 5 minutes.
You could even receive funds the same day✝.
Flexible Terms:
Loans from $5,000 to $50,000.
Terms ranging from 3 to 7 years for monthly payments tailored to your budget.
Zero Fees:
No origination fees.
No closing costs.
No prepayment penalties.
Rate Discount:
Save 0.25% on your interest rate by setting up automatic payments from any bank account.
*Visit Santander’s website for updates on the current interest rate.
Common Uses for the Loan
- Consolidating credit card debt or other obligations.
- Home renovations or repairs.
- Unexpected costs like medical emergencies or moving expenses.
Credit Score
The Credit Score in the United States
The credit score in the United States is a numerical representation of an individual’s financial solvency and measures their ability to meet credit obligations. This score, which typically ranges from 300 to 850, is used by banks, lenders, landlords, and even employers to assess the risk of lending money or entering into contracts with an individual.
Factors That Influence the Credit Score:
- Payment History (35%): Reflects whether you make payments on time or have a history of late payments or outstanding debts.
- Amount Owed (30%): Considers how much credit you’re using compared to your available credit limit (credit utilization rate).
- Length of Credit History (15%): Measures how long you’ve had credit accounts open; a longer and positive history is better.
- Types of Credit Used (10%): Evaluates the variety of credit accounts you have, such as credit cards, mortgages, or auto loans.
- New Credit Inquiries (10%): Recent credit inquiries, such as applications for new cards or loans, can temporarily affect your score.
General Credit Score Ranges:
- Excellent: 800–850
- Very Good: 740–799
- Good: 670–739
- Fair: 580–669
- Poor: 300–579
Santander US checking credit score
Importance of the Credit Score:
A high credit score makes it easier to access loans, mortgages, and credit cards with better interest rates, which means lower long-term costs. Conversely, a low credit score can limit your financial options or result in higher rates.
Maintaining a good credit score requires financial discipline, such as paying your bills on time, keeping your debt levels low, and being cautious with new credit applications.
More info about credit score
