How Do Negative Items Affect Me? Negative items on your credit report could be what separates you from that home loan you hoped for or a decent financing for a vehicle. The good news is that if you happen to have these negative items on your credit report, there are still wats to mitigate their […]
Author Archives: John McCall
03
Oct
Oct
Credit Alerts Worth Setting Up Now In order to maintain great credit scores, keeping track of all the activity on your accounts is key! Smart phones are attempting to make our lives easier with a multitude of applications. All major banking institutions now have online banking or apps to make life easier on their customers. […]
28
Sep
Sep
If you currently have student loans, here is some very important information about the End of the Federal Student Loan Forbearance Period. For the last 3 three years payments and interest have been postponed for the Federal Student Loans. As of September 1st, 2023 these payments, and the interest accrual, have started again. For most […]
26
Sep
Sep
Building Buying Power 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 how they can start saving to make that first major purchase. We’ll discuss several […]
21
Sep
Sep
There is a major difference between what a credit repair company can do versus what a law firm specializing in credit repair can. What you may find even more interesting is that a consumer can actually do more than what a credit repair company will. A Law Firm however, trumps all. We have been using the law […]
19
Sep
Sep
In our current economic environment, loan rejections are at record highs! This includes all spectrums of credit. Car loans, Mortgages, credit cards, and credit card limit increases. The current rejection rates for applicants stand at 21.8%. This is the highest rejection rate since June 2018. Those with 680 credit score or below are being hit […]
14
Sep
Sep
The simple answer according to FICO is 715. But average means different things when it comes to one’s age, where they live, and how much money they make. There are also so many scoring models out there, it’s hard to tell where one stands. One thing for certain is getting yourself in a position to […]
12
Sep
Sep
How Could You Be Hurting Your Credit? The more you know about how credit works, the better your score will be. This is because, without a lot of background knowledge, your own logic and reasoning will oftentimes fail you. There are a lot of factors that go into creating your credit score, so trying to […]
07
Sep
Sep
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 […]
31
Aug
Aug
Whether you are applying for a new credit card or a home loan, hard inquiries are constantly present when attempting to build credit. Although hard inquires are one of the most common items found on a credit report, there is still much mystery surrounding their effect on a credit score. In todays “Fact or Fiction” […]