Take a look at some great results by The Credit Pros that came in today for one of our clients. They are enrolled only 90 days, have a ton of deletions and have seen a HUGE increase in scores!
Take a look at some great results by The Credit Pros that came in today for one of our clients. They are enrolled only 90 days, have a ton of deletions and have seen a HUGE increase in scores!
At The Credit Pros, we usually talk about what helps a credit score, but a lender friend of mine asked me to make this week’s Tidbit a “cheat sheet” about what hurts a credit score (fyi, my inventive lender friend plans to make this a handout to his borrowers…featuring the Credit Pros logo,… Continue reading 7 Ways to Screw Your Credit
Thanks a million to Tupac D of 5LINX! What a great event. [embedplusvideo height=”344″ width=”425″ editlink=”http://bit.ly/143OZO3″ standard=”http://www.youtube.com/v/uTpDn_XaMTY?fs=1&hd=1″ vars=”ytid=uTpDn_XaMTY&width=900&height=600&start=&stop=&rs=w&hd=1&autoplay=0&react=1&chapters=¬es=” id=”ep1831″ /]
I read an interesting article on Yahoo this week that told the story of a car buyer whose credit was declined WITH A 737 SCORE!!! The reason? A thin credit file. (Read the full article here: http://finance.yahoo.com/news/first-person-737-credit-rating-still-turned-down-233100307.html) Remember: Even though may think you have a great score, make note that in a world where banks are… Continue reading Declined with a 737 score ?!?
What do you do when Equifax refuses to clean up their mess? Sue baby, sue. This week an Oregon jury awarded Mrs. Julie Miller $18.6 million because she spent two years trying to fix major mistakes on her credit report. Kudos to Mrs. Miller for taking the fight to Equifax, but this is… Continue reading Sue baby, sue (this is America, right?)
Now, I can’t take credit for this one, but there are a few points of interest on credit scores that I like in the Credit Karma info-graphic below. First, don’t believe that having “too many accounts” and “too much credit” is a bad thing. Take a look at the highest score bracket and… Continue reading Some Pretty Cool Stats on Credit Scores
As strange and ridiculous as it may sound, credit repair is important to save you money in any future purchases or loan applications that you may be making. The majority of the population misses a payment here or there, or is late on making a payment. This is not the end of the… Continue reading The Impact of Bad Credit
What do Russell Simmons, Kim Kardashian, Mickey Mouse and Elvis have in common? They are all shills for Prepaid Credit Cards, and in my opinion are all greedy, manipulative pigs (except Elvis – he’s dead). See, prepaid cards are good at allowing the banking account-challenged among us to use plastic. They are also really good… Continue reading To hell with prepaid cards
Credit Myth: “Every time I have my credit pulled, it lowers my score.” Fact: Inquiries do not carry major weight in determining your FICO credit score. There are two types of inquiries: ‘hard’ and ‘soft’. A ‘Hard’ inquiry occurs when a business requests your information for an application process, typically pulled by mortgage lenders, home… Continue reading Credit Myth – Each credit pull hurts
Now, there are two things I hate in this world. One of them is collection agencies. The other is scary clowns (don’t ask). Collection agencies employ some of the most disgusting tactics to collect money. Calling employers incessantly, trolling Facebook pages, even threatening prison or bodily harm to collect from people. I hate them,… Continue reading Phone Calls from Collection Agencies
