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…
Finding Your Score Pt 1 You would think that finding out what your credit score is would be easy. In a way it is, but only because I’ve done my research and you won’t have to spend time surfing websites…
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 Back in the 1960’s, a company called Fair Isaac devised a unique system to determine the creditworthiness of people who apply for loans. Through a complicated mathematical computation, they were able to study a person’s credit history…
Credit Inquiries The final part is inquiries. That’s a list of everyone who asked to see your credit report. Any time anyone gets into the report, it’ll post an inquiry. That means if you try to apply for a credit card,…
