How Your Score Is Costing You Thousands Back when I graduated high school (a few years after dinosaurs walked the earth) I had absolutely no idea how detrimental my credit score would be to my future purchases. My brother was sitting pretty with a 750 credit score and financed his new car at an extremely […]
Tag Archives: FICO
22
Sep
Sep
In recent weeks the United States has been hit with several natural disasters, leaving Americans uprooted from their homes and their employment. Texas and Florida are dealing with the aftermath of flood and rain waters from Hurricane Harvey and Hurricane Irma, while the Western United States is dealing with the complete opposite dry and extreme […]
27
Jul
Jul
Establishing good credit in this day and age plays a significant role in becoming financially secure. However, there are still 26 million Americans that are still “credit invisible” under the traditional FICO scoring model.If you are one of the 26 million Americans that are “credit invisible” you may already know the challenges that this credit […]
Credit Repair Blogs
Tax Liens and Judgements Removed Equals A Jump in Your Credit Score – Credit Law Center
03
Jul
Jul
If you are one of the 12 million consumers that have derogatory tax liens or civil judgments on your credit report you may see a score increase after these critical items are removed. As of July 1, the three major credit reporting agencies, Equifax, Experian, and Transunion, will be removing the derogatory information on credit […]
29
Jun
Jun
How long does it take actually to take for the credit repair process? There seems to be no definite answer on the time frame for how long the credit repair process takes. If you google it, you will see there is not a standard amount of time and no straightforward answer. Unfortunately what happens most […]
26
Jun
Jun
A Credit score is a three digit number that could potentially make or break you when it comes to obtaining credit. Having a number above 740 is like having the Golden Ticket to getting credit. Potential creditors look at your credit score to determine your risk. Your credit score is similar to a report card, […]
01
Jun
Jun
We all know good credit is an important aspect of our financial life and is a must to purchase a home, car, and it even affects our car insurance. The first thing you need to know is the common misconceptions, the “credit myths.” Being aware of the top 5 credit myths, and knowing the facts […]
22
Mar
Mar
What makes up your FICO score and how is it calculated? A FICO score is a 3 digit code measured by pulling data from all three credit reports, Experian, Transunion, and Equifax, it is then used to determine your credit risk to lenders. The information pulled is put in to a FICO Score Formula, as […]