I had a wonderful “meet and greet” with an experienced, smart group of mortgage originators and a number of them had the same basic question (with a not-so-basic answer)…”How long can bad items remain on my clients’ credit reports?” In response, I’ve made a list for you. Print it. Memorize it. Tattoo it on your… Continue reading How long can bad credit stay?
Credit Myth: #1 “My spouse and I share our credit report” Fact: Your credit report is not shared with anyone. It is just like a finger print and is unique to you. If you open accounts together, the item will report to both but otherwise they are not combined in any way!
Credit reports play a very important role in determining how your financial future shapes out. They play a pivotal role in determining the kind of credit that you are eligible for, the interest rate you pay, the kind of premium you are charged for insurance and even influence your employment prospects! Be aware… Continue reading Credit Report Repair Services Can Make A Difference
What is a FICO score – The FICO score is a credit scoring system that was developed in the 1950s by Fair Isaac & Co. Today, the three major credit reporting bureaus Experian, Equifax and Trans Union all use FICO scores to evaluate the credit worthiness of almost 90% of the adult Americans. FICO scores can range… Continue reading What is a FICO score
You bet they can! http://www.ny1.com/Default.aspx?ArID=104346 If you are looking for a job, you should really have your credit in order. Very often, potential employers see bad credit as an indicator of other problems in your life, and will pass on you for employment. DO NOT LET THIS HAPPEN TO YOU! Be proactive,… Continue reading Can an Employer Check Your Credit?
