Three Reasons to Hire a Professional & Avoid DIY Repair
There’s a reason why you may have or are looking to hire a credit professional to clean up your credit profile, whether it’s because pesky creditors who have your phone ringing off the hook, or maybe you have just been denied and can’t find the time in your busy schedule to repair your own derogatory…
Pre-approval Offers – How Credit Bureaus Sell Your Information
Have you ever received a letter in the mail saying you have been pre-approved for a fantastic credit card offer? Did you know that Credit Bureaus Sell Your Information? They are making profit by selling your information to Banks who mail you these Pre-approval offers. They may have even sent you the application to fill…
Teaching Your Kids Good Financial Habits
It’s never to early when it comes to teaching your kids about good financial habits. Believe it or not, kids most often learn a lot of their habits and skills from their parents and older role models which carry into their adulthood. Ao even if you aren’t exactly financially savvy yourself, practicing good spending habits…
Why Your Credit Score Matters
A credit score is a 3 digit numerical number ranging from 350-850 (FICO) which determines a person’s financial responsibility and credit worthiness. Payment history and credit inquiries are reported from credit lenders, to the 3 major bureaus (TransUnion, Equifax, and Experian) whom then generate a score depending on the lenders reported information. The difference between…
VantageScore 4.0- The Newest Release
VantageScore is releasing their newest scoring model; VantageScore 4.0 in fall of 2017. This 4th generation of VantageScore’s scoring model will have a bit more information for lenders to determine if a consumer is a credit risk. VantageScore is introducing a new factor into a consumers overall credit score as an attempt to overstep FICO…
Recognizing and Avoiding Predatory Lending
I’m sure you’ve seen it advertised; low interest payday loans approved for those with low or no credit, with even the ability to build credit when followed on the terms agreement. Sounds great right? Building credit and borrowing money to keep yourself afloat until next payday could just be to good to be true! Well,…
Paying Bills On Time – Still Have Bad Credit?
“I pay my bills on time, but don’t have good credit.” Paying Bills On Time DOES NOT mean you have GOOD CREDIT. Why? Because paying your bills on time – your payment history, only accounts for 35% of your overall credit score! So just because you pay on time, doesn’t mean you will have…
How to Prevent Late Payments
What do you do if you can’t afford to make your minimum payment on your Credit Card? You don’t want to harm your credit with a late payment, so what next? If you make the payment too late (over 30 days past the due date), it will hurt your credit scores, big time. We’re here to…
The Simple Guide to Business Credit –
What is Business Credit? Sometimes called Trade Credit, it is credit that is established under a business’s name. This type of credit permits business owners to use their business credit score and profile rather than their personal credit score and profile for financing purposes. One of the reasons Business Credit is so appealing is that business owners can commonly qualify with…
How To Get Hired in any Economy
Is Credit Score a Factor in Getting Hired? In today’s job market, setting yourself apart from other candidates is the most important strategy to getting hired. In an interview with Jesse G. Rodriguez, author of The Business Owner’s Guide to Keeping Customers For Life, we discussed some tactics and strategies to obtaining your dream job and…