If you've been trying to figure out how to do consumer credit repair, there are five major C words to lenders. Those major areas are character, capacity, capital, collateral and conditions. Read more »
FICO Scoring Meaning
FICO scoring is a system that lenders and underwriters use to determine what your interest rate on a loan is going to be. If you buy a house or car, the mortgage or the loan is determined by you credit report and your FICO score. Read more »
Uncover The Primary Steps To Credit Repair
Your life can be difficult when you have bad credit. You are repeatedly denied the things that other people enjoy and sometimes it seems that no matter what you do you cannot get ahead of that dark cloud hanging over your head. If you have the time you can wait it out but if not there are steps you can take to improve or even repair your credit. Read more »
Credit Repair, Does it REALLY work?
As a well known credit guru people regularly ask me if credit repair really works. Credit repair can be very effective if performed the right way. Read more »
Car Buying Guide : Auto Loans For People With Bad Credit
If using a bank or credit union, financing a new or used vehicle may prove extremely difficult, and in some cases impossible. Read more »
Three Surprising Benefits To Credit Repair
For the most part people are attentive of how essential it is to have a good credit score and a spotless credit report when they go to get a loan for a house or an automobile. Lenders place a high value on credit and they can either charge you a higher interest rate or even disallow your application outright based upon these scores and reports. Read more »
You can expect BIG changes to your credit scores with FICO 08
Fair Isaac has finally released their much anticipated FICO 08 credit scoring model. This new credit scoring model has big differences from the previous FICO model. Read more »
Deal With Your Credit Scores Obtain 3 In 1 Credit Reports
All of the three main credit bureaus supply their own credit report. If you want a synopsis of all of the reports pooled you can get a 3 in 1 report. The 3 in 1 report comprises the financial history of an individual or a group in order to "report their credit-worthiness". It is an guess of whether or not they have the trustworthiness to repay a new debt. Read more »
Discover Credit Repair And Consumer Rights
In 1970 Congress enacted a federal law to safeguard consumers from inaccuracies on their credit reports. This law is recognized as the Fair Credit Reporting Act or the FCRA and it was passed to guard consumers and promote the fairness, accuracy and privacy of personal information compiled by credit reporting agencies on credit reports. Read more »
Bad Credit Mortgage Refinance
Many people today are faced with unemployment or under employment and find themselves thinking about refinancing their current mortgage. Not everyone has perfect credit and people have found that with all the trouble in the credit and banking markets that their credit scores have gone down. Sometimes it brings them into the poor category which makes it real tricky to refinance a mortgage when you have bad credit. Read more »