High Credit Score = Low Mortgage Rate Credit scoring was developed in the 1960s as a means to determine whether or not consumers were likely to repay their loans. The score ranges from 350 to 850 with a higher score being extremely favorable. Essentially, a high credit score translates into lower interest rates for the [...]

A New Way to Improve Your Credit One credit bureau now factors on-time rental payments into its credit files.   When it comes to credit history and credit score, renting doesn’t get much respect. Unlike homeowners whose credit benefits from on-time mortgage payments, renters don’t see any positive effects on their credit from making rent payments [...]

Increasing your FICO® score may take time and often there is no quick fix. FICO scores reflect credit payment patterns over time with more of an emphasis on recently reported information than older information. Below are some general tips to follow that may increase your FICO score: Focus on the negative factors provided with your [...]

When a marriage ends in divorce, the lives of those involved are changed forever. During this time of upheaval, one thing that shouldn’t have to change is the credit status you’ve worked so hard to achieve. Unfortunately, for many, the experience is the exact opposite. Unfulfilled promises to pay bills, the maxing out of credit [...]

Bankruptcy is an uncomfortable subject for a variety of reasons. The most obvious is the potential havoc it can wreak on your finances. Running a close second is the negative stigma which is often attached to the process. This negativity is important to mention because strong emotions can sometimes lead to unsound financial decisions with [...]

Credit Repair Service: What to Expect Google the term “credit repair” and 19 million results are instantly generated. With so much information available, and so much of it conflicting, how do you know which credit repair company is legitimate and which ones are really just looking to take advantage of desperate consumers? The following are [...]

My Credit Score Just Dropped, What Happened? You’ve been working really hard to increase your credit score. You’ve done everything you thought you were supposed to do to present yourself as a creditworthy individual. So, why did your score suddenly drop? What happened? Unfortunately, this is a common occurrence with many consumers today, a situation [...]

Biggest Credit Myths, Mistakes, and Misconceptions Good credit is well worth the effort it takes to both achieve and preserve it. If you have good credit, the following tips will help you keep it that way. If you are looking to improve your credit, however, now is the time to get started. Give us a [...]

5 Ways to Raise Your Credit Score – And Fast If you are looking to improve your credit score quickly, now is the time to get started. Give us a call. We’ll review your credit and find out exactly where you stand and where you need to get to. In the meantime, here are some [...]

Sample Credit Report Dispute Letter If you have reviewed your credit report and believe that some of the information it contains may be inaccurate, you can legally dispute it via mail or, for faster results, the Internet. Once notified of a mistake on your report, a credit bureau has thirty days to investigate and respond. [...]