Introduction Ever wonder if an account is too old to still be on your credit report? You’re not alone. A lot of people assume their credit reports are 100% accurate, but here’s the truth: mistakes happen, and old accounts sometimes stick around long past their expiration date. If you’ve got a debt from years ago […]
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07
Nov
Nov
Big News for Homebuyers: Fannie Mae Removes 620 Credit Score Minimum—What It Means for You At Credit Law Center, we’re excited to share a major development that could open new doors for individuals working to rebuild their credit and achieve homeownership. Starting November 16, 2025, Fannie Mae will no longer require a minimum credit score […]
31
Jul
Jul
The Biggest U.S. Banks Find VantageScore 4.0 is a Quantitatively “Better” Credit Score for Mortgages SAN FRANCISCO, OCTOBER 29, 2024 – VantageScore, a leading national credit-scoring company, is the “better” credit score for mortgages according to leading U.S. banks. Recently, third-party research from those banks found that VantageScore 4.0 provides superior risk assessments than traditional credit score models […]
07
Mar
Mar
In 2023 it was reported that over 30% of Americans have an account that has recently gone to collections and that the average debt per person is a little over $9,000. Normally, when you hear that an account has gone to collections, you expect phone calls from unknown numbers asking to settle a […]