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…
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,…
Change in Public Records Reporting What is a Public Record? Tax Liens, Judgments and Bankruptcies are credit items that are on file with the government. These can report on the credit report and have a severe detrimental impact to…
Detrimental Errors on your credit report FACT: 70% to 80% of consumer credit reports have errors. The FCC did a study and found that 7 out of 10 credit reports have some sort of detrimental error(s). In addition, a new…
Importance of Credit Cards If you do not own a credit card or revolving account, what you read below may be the most important thing you read to help raise your credit scores. We recommend that you have…
Credit Coaching Guide – Part 3 (What to avoid) When trying to improve your credit score or credit history, avoid any of the following: Asking a creditor to lower your credit limits. This will reduce that all-important gap between your…
Credit Coaching Guide – Part 1 Don’t despair if you find yourself with a less than desirable credit score and credit history. You are human and can make mistakes. It’s natural. The key to this is recognize that your spending…
Finding Your Score Pt 2 If you want to know your actual credit score, you will usually have to purchase it. This can be done in a few ways. You can get it from one of the three major credit…
Paying Down Your Credit Cards Credit card debt can hurt our credit scores as well as cost a lot of money in interest. High credit card debt also leads to high debt to income ratios or DTI, and high DTI…
All About FICO (con’t) There are about 100 different ways to compute a credit score. As we have discussed FICO is the main source lenders use to derive a credit score. FICO has 49 different algorithms that are split across different…
