How Your Score Is Costing You Thousands Back when I graduated high school (a few years after dinosaurs walked the earth) I had absolutely no idea how detrimental my credit score would be to my future purchases. My brother was sitting pretty with a 750 credit score and financed his new car at an extremely […]
Author Archives: John McCall
05
Dec
Dec
How Does A Decrease In Credit Limit Effect Me? Your credit utilization rate is one of the most important factors when it comes to your credit score. Depending on how much of the available balance you use will reflect what kind of borrower you are and can be the deciding factor in a substantial credit […]
03
Dec
Dec
Building Buying Power As the Spring months start peeking through, the home buying market is heating up! Have you been picturing the day when you can paint your own walls and mow your own grass? The dream of homeownership comes with great financial responsibility. Many first-time home buyers have questions about their down payment, and […]
26
Nov
Nov
Less Than Perfect Credit Scores and Living Situations. Many families deal with tough situations when it comes to rentals and the landlords that come with them. According to the Business Insider, more Americans are renting than at any time in the last 50 years. I can recall a time when I rented a home that had […]
12
Nov
Nov
How To Deal With Debt Collectors I have recently been receiving strange calls from someone trying to collect money from me, what do I do? As a consumer, it is important to be educated about the process by which an actual collection agency attempts to collect debts as opposed to scam callers asking you to […]
06
Nov
Nov
Your Fix of the Mix We all know the importance of having a good credit score. With a high credit score, you can open to door to better interest rates, loans, benefits and more! Good credit can be the deciding factor in whether or not you get approved to rent a home or get a […]
31
Oct
Oct
The Biggest U.S. Banks Find VantageScore 4.0 is a Quantitatively “Better” Credit Score for Mortgages SAN FRANCISCO, OCTOBER 29, 2024 – VantageScore, a leading national credit-scoring company, is the “better” credit score for mortgages according to leading U.S. banks. Recently, third-party research from those banks found that VantageScore 4.0 provides superior risk assessments than traditional credit score models […]
29
Oct
Oct
Building Up Your FICO Understanding and building credit in a positive way takes discipline and some education. Do you recall being taught in school, how to build your credit scores? Did your teachers let you know how big of a role credit would play in your life as you got older? Honestly, it is probably […]
24
Oct
Oct
Buying your first home is a daunting milestone in everyone’s life and can bring both joy and anxiety when beginning the process. One large source of anxiety comes from the ever looming need of an exceptional credit score to aquire acceptable rates. For those that meet this criteria as displayed by your credit monitoring service; […]
01
Oct
Oct
Most all of us have heard of Debt consolidation. But is Debt Consolidation right for you? What type of debt consolidation should one choose? Is Debt Consolidation effective? What are some of the pitfalls of debt consolidation? Guess what, sometimes “life” happens and we need to utilize our credit cards out of necessity. A perfect […]