Today’s lending market is even stricter about credit scores. If you are below a 740 credit score, you can have adjustments to your interest rate depending on the type of loan you are applying for. If you are seeking an FHA loan and you are below a 620, your interest rate will be adjusted higher […]
Lenders see people that need help with the credit profiles all the time. I know this from firsthand experience. It did not take long until I decided to do something positive for my customer.
It was disappointing to give people the general instruction and then never to hear from them again. I began to wonder […]
Getting into trouble financially and you want to try unsecured credit card consolidation? You need to really understand it before you take the step to go into this sort of program. You don’t want to get into a more unstable and tighter position then what you started in, so you need to know […]
Having a poor credit score thus needing to repair it makes it even more complicated for the growing numbers of people in America who seems to be trapped in a crisis that’s almost becoming a national problem and that is having a hard time acquiring credit in many forms like credit cards, loans or even […]
Did you know that whenever you apply for a loan your credit report is a deciding factor? The lending institution that you are applying with takes into an account your credit history. This means everything, your payment history, balances, current and even past accounts. The lenders use your credit report to help decide if you […]
One of these best known processes that count the credit scores is Algorithms. Different and well known top ranking credit score companies are using different methods to have the credit scores done. FICO is the best well known scoring method BEACON score is used by Equifax, and Experian has the Experian/Fair Isaac Risk […]
It happens to a lot of people: you take out too many loans or have too many credit cards and continually use them beyond your ability to keep up with the payments, or worse, you lose your job. Soon you’re so far in debt that you have no clue what you’re going to do. […]
A couple years ago when I started getting interested in credit repair I helped a couple who had credit scores in the low 500s. They had a previous bankruptcy and there were a bunch of accounts that they had included in the bankruptcy which were still reporting as if they had balances on them.
The […]
If you have ever shopped credit repair, you know it is not cheap. Credit repair companies and credit repair attorneys are expensive. The process is going to cost you at least $250 on the low side to work with either one.
There are a lot of loan officers that will refer you to a credit […]
Want to consolidate all your credit card bills and have a lower payment? Thinking about getting an unsecured credit card consolidation? How does it work, and is it right for you? All these are great questions that are the right things to ask. You need to make sure you understand a […]
