Author Archives: Halley H.
3 Steps to Build Your Credit Score Fast
If you are trying to build your credit fast, but are at a standstill on how to do so, we’ve got some options for you. Whether you are looking into obtaining a home loan, auto loan, personal loan, or just join 700+ club, following through with these steps can help guide you where you need…
How to Buy a Car at the Lowest Rate and Price
Top Secret Tips to Buy a Car Whether you’re in the market looking for a first, replacement, or even a second vehicle for your family, dealing with the ins and outs of purchasing a new car can be exhausting and down right frustrating at times! Buying a car, especially a model from the last 12…
Dispute Letter Templates Are Bad For Credit Repair
Credit Dispute Letter Templates – It’s A Bad Idea There are numerous websites out there offering your Free Credit Repair Dispute Letter Templates. Websites that take your information, or give you (nearly) useless form letters that can do more harm than good. Websites like MyFico.com are giving Free Dispute Templates. But why are the Credit Bureaus making…
How Long Negative Information Reports
As you probably already know, your credit report is a valuable asset to your financial future and freedom. It contains such information which holds you responsible for your spending habits and likelihood of paying bills on time. Not only does your credit report play a major part on being approved for basic necessities such…
Why you shouldn’t sign up for Equifax’s free credit monitoring
Chances are you probably heard about the big Equifax breach. According to the Federal Trade Commission, from May to July 2017, 143 million people were affected in which personal and sensitive information was exposed including birthdates, tax information, social security numbers and addresses of those who have a credit report. Not only was sensitive…
Three Reasons to Hire a Professional & Avoid DIY Repair
There’s a reason why you may have or are looking to hire a credit professional to clean up your credit profile, whether it’s because pesky creditors who have your phone ringing off the hook, or maybe you have just been denied and can’t find the time in your busy schedule to repair your own derogatory…
Pre-approval Offers – How Credit Bureaus Sell Your Information
Have you ever received a letter in the mail saying you have been pre-approved for a fantastic credit card offer? Did you know that Credit Bureaus Sell Your Information? They are making profit by selling your information to Banks who mail you these Pre-approval offers. They may have even sent you the application to fill…
Teaching Your Kids Good Financial Habits
It’s never to early when it comes to teaching your kids about good financial habits. Believe it or not, kids most often learn a lot of their habits and skills from their parents and older role models which carry into their adulthood. Ao even if you aren’t exactly financially savvy yourself, practicing good spending habits…
Why Your Credit Score Matters
A credit score is a 3 digit numerical number ranging from 350-850 (FICO) which determines a person’s financial responsibility and credit worthiness. Payment history and credit inquiries are reported from credit lenders, to the 3 major bureaus (TransUnion, Equifax, and Experian) whom then generate a score depending on the lenders reported information. The difference between…
VantageScore 4.0- The Newest Release
VantageScore is releasing their newest scoring model; VantageScore 4.0 in fall of 2017. This 4th generation of VantageScore’s scoring model will have a bit more information for lenders to determine if a consumer is a credit risk. VantageScore is introducing a new factor into a consumers overall credit score as an attempt to overstep FICO…