Recently this article was submitted to us, although we typically do not share many articles from other people this is one that has some good information about some different programs that we do not typically discuss. We hope you find this information helpful, please let us know if you have any questions that we can …
The Real Truth About Credit
Credit expert Dan Beck's blog teaches consumers how to create an "A Rated" credit profile. Dan Beck is the founder and president of Credit Management Specialists.
The Rule of 22
The temptation was too much…now wha...
The holiday season is now over and for many comes the real downer of figuring out how much money they spent on credit cards and what they should do with the new retail credit cards they opened. While I express to people all of the time to avoid that situation sometimes that advice is ignored because the temptation …
How to Prepare Your Credit for a Mort...
A lot of the people that come to hear me speak or contact me for a credit consultation have the same goal, to purchase a home or refinance the current mortgage loan they have. Usually they contact me after they have discovered that their current FICO score is not high enough to accomplish that goal. …
Short Sale Changes
Recently I read an article about not only changes being made in the mortgage industry, but also how those potential changes might affect credit scores. Since the article lists some credit “facts”, I feel obligated to address it further. The article is short so I have listed it here and will follow up with a …
Spending to improve your FICO score?
What you bought is not what it you th...
If you have ever felt confused by credit scores, don’t feel alone! Everywhere you go from the internet, to television ads, to radio commercials you will see some type of product that you can purchase to learn your “credit score”. All kinds of companies are now making a big push to have us as consumer’s …
“Joint credit”…what does it rea...
The world of joint credit can be a little confusing. Mainly because there are different types of joint credit and each one carries a different list of circumstances and responsibilities. Before you enter into the world of joint credit with another person, it will be helpful if you know exactly what you might be agreeing …
Is it time for change?
In the past few months many people are publicly taking the stance that the FICO scoring system needs to be changed. The claim is that adjustments need to be made to the existing formula to better reflect the current economic landscape. Most of these people think the system is outdated and should be changed to …
Big mortgage changes are happening...
Watching the Federal Housing Administration try to change their guidelines over the last few months reminds me of a bad movie where a random person is mistaken for a trained Police Officer. Then thrown out in the middle of a busy intersection and expected to direct traffic. The person tries their best but after several …