Figures provided by FICO Inc. show that 25.5% of consumers (nearly 43.4 Million people) now have a credit score of 599 or below, marking them as poor risks for lenders…
A customer with a 679 credit score recently walked away from buying a house because he could not get the best interest rate on a $100,000 mortgage. Had his score been 680…
How does credit impact you? Here is a example: $150,000 mortgage with a 30 year fixed rate with 20% down. The difference between great credit and just getting approved credit:…
How does credit impact you?
Here is a example: $150,000 mortgage with a 30 year fixed rate with 20% down. The difference between great credit and just getting approved credit:…
Correcting and fixing all three credit reports is important because some lenders or business people purchase the three in one credit report that includes a credit score…
How long do negative accounts stay on your credit report: Default on a loan = 7 years; Collection accounts, Repossession, Charge-offs, Medical bills = 7 years; Bankruptcy = 10 years…
Closing an account you wish you never met doesn’t make it go away. A closed account will still show up on your credit report and be considered in computing the score…
One very easy way to hurt your credit is by applying for loans. You want to AVOID large numbers of inquiries on your credit report, particularly if you have few accounts…
A bankruptcy will cost you more in insurance premiums, particularly for homeowner’s and auto insurance. The insurance mavens and their henchmen love credit scores…
Your credit score is a critical measure of your credit standing used by creditors who want a assessment of your risk potential as a borrower. The higher your score…
To file a complaint against a collector who is harassing you, contact the FTC at www.ftc.gov or 1-877-382-4357. The FTC won’t follow up for you on your specific case…
Of all the painless ways to save money, improving your credit score is arguably the most important. From home loans and car loans, to credit cards and auto insurance…
A bankruptcy will cost you more in insurance premiums, particularly for homeowner’s and auto insurance. The insurance mavens and their henchmen…
