FICO now competes with Vantage Score but Equifax, Experian and TransUnion still offer both
score options. This is partly because FICO is so widely used and accepted by most financial and lending companies. Most mortgage lenders use the FICO scoring platform to evaluate...
Because the world of credit scoring is largely a mystery, mortgage planners, lenders, and credit experts throughout time have taken educated guesses on which factors determine a person’s score. As it turned out, they were...
This is far, far, far from the TRUTH! Read on and do not be fooled!
Q:It is illegal for creditor to take a negative, accurate listing off my credit
report. The law requires that these items remain on the credit report for at
least seven to ten years.
Getting Sneaky and Tricky will land you in JAIL. Don’t do this.
Q:By changing numbers in my social security number or by using an EIN tax number, I can fool the bureaus into creating a completely clean, new credit
file under my name.
Many consumers get this all wrong. Don’t self verify negative credit. Q:If you are not satisfied with the results of your credit bureau challenge, you may file a “100-word statement” on your credit report explaining your side of the story. Creditors will read your stat...
Q: Disputing the credit report is easy and any consumer can do it himself for
the price of a few postage stamps.
A: Disputing the credit report is now easier than ever. I have to admit though that it is easy only if you are using the right tool & get the correct advice....
