How To Move Towards A Good Credit Rating
Sunday, November 9th, 2008Chevron credit card As of this year, there’s a new credit rating model known as “FICO 08.” The new model will be more forgiving of people who may have slipped on one payment but are otherwise in good standing. It also eliminates young students who wish to “piggyback” on their parents’ good credit by appearing [...]
How Foreclosure Affects Your Credit Report
Thursday, November 6th, 2008improve credit scores This year, 5.5 million homes went into foreclosure proceedings and 5.5 million Americans will lose their most valuable assets, their equity and their self esteem. Following a foreclosure, one’s credit report is marred for seven years or longer, even if there was clear credit before that incident. One instance of foreclosure will [...]
Credit Info And Mortgages
Thursday, October 16th, 2008credit report services To mortgage lenders, your credit info is going to be very important. While it may feel invasive, your mortgage credit reports will tell the banks whether or not they can trust you to repay them. They’ll look for late payments, missed payments, bankruptcy filings, previous foreclosures, loans, total available credit, types of [...]