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Impact of Identity Theft on Credit

Identity theft occurs when someone obtains and uses your personal information without your permission, often for financial gain. This can include things like your name, address, social security number, and credit card information. Identity theft can have a serious impact…

How Credit Repair can Help you Buy a Home

Credit repair can be a valuable tool for those looking to buy a home. A good credit score is an important factor in determining a person’s ability to get a mortgage and secure a favorable interest rate. A credit score…

Why are my scores different?

The most common  methodology is FICO and is used in 90% of all lending decisions. And just to make it even more confusing there are 49 different FICO based algorithms across multiple industries. In the mortgage industry, the mortgage FICO scoring model has 9 different algorithms.

Credit Card Utilization

What is credit card utilization and how can it impact your credit score? Your revolving accounts make up 30% of your credit score in the mortgage FICO credit scoring model. That is almost one third of your score.

What is a VantageScore?

From home loans, to auto loans to bank loans, FICO is used in 90% of all lending decisions; however many consumers are viewing their credit scores from a VantageScore. According to US News, VantageScore was designed to provide a consistent credit…

CREDIT 101 CLASS CHOSEN FOR ABoR ACADEMY

For Immediate Release Contact: Chris Busch President, Elevate My Scores Phone: (281) 612 – 1281 Email: [email protected] CREDIT 101 CLASS CHOSEN FOR ABoR ACADEMY AUSTIN REALTORS WILL HAVE ACCESS TO CREDIT EDUCATION   [AUSTIN,TEXAS – October 10, 2018]  Busch Consulting Services, Inc dba Elevatemyscores.com,…