Tag Archives: credit basics
Credit Repair Tips and Reminders This credit repair tips and reminders column is to recap some basics that all consumers should always bear in mind. In my experience there is no question that comes up more often or that is more of a worry to consumers making a big effort to improve than this: :
Equifax, Experian + TransUnion Announce Separate Credit Score CoreLogic and FICO will partner to provide a separate credit score to lenders that want it. CoreLogic will provide information that FICO does not currently use including payday loans, child support payments and evictions.. Future uses for subscribers are also contemplated including rents, phones and utility payments.
Closing unused credit cards lowers FICO: Correcting the Wall Street Journal I was once shocked to read in The Wall Street Journal’s column of July 10, 2011 a statement that was clearly wrong regarding unused credit cards. I wrote an e-mail to columnist Tom Lauricella regarding his column entitled: “Mortgage Rates are Great if You
Pulling Your Credit Score Yourself is Harmless Pulling your credit score yourself is called a “soft” inquiry. Pulling your credit score yourself as often as you like has no effect on your credit score whatsoever. Another example of a soft inquiry is the inquiry of a lender who sends you an unsolicited offer for a
Start Repairing Credit Now Since you’re reading this it is a safe bet that you are interested in improving your credit score. You need no convincing from me regarding the benefits of a high credit score. It’s time to start repairing credit now. So many things depend on good credit from home mortgages and
First Step to Rebuild Credit Stop the Bleeding. Pay at least the minimums from now on. Nothing is more important than being on time with your payments. Start a blemish free payment record going forward right now. This is the first step to rebuild credit. The rest will fall into place as you learn what