Top 5 Myths About Credit Scores

There are 5 factors that makeup FICO® Scores: Payment History, Amount Owed, Length of Credit History, Credit Mix and New Credit. With all of these components included in one score, it’s no wonder that facts can sometimes be “distorted” and myths created. There are 5 very common falsehoods about credit scores that we wanted to … Continue reading "Top 5 Myths About Credit Scores"

7 Tips That Can Help You Increase Your Credit Score.

1. Dispute Errors and Inaccuracies Recent studies show that as many as 80% of consumer credit files contain errors and inaccuracies. Chances are you might be 1 of those 80. Errors and inaccuracies, especially ones that are negatively impacting your credit scores, can lead to higher interest rates on loans and credit cards or denials … Continue reading "7 Tips That Can Help You Increase Your Credit Score."

6 Things Mortgage Lenders Consider Before Approving a Home Loan

Thinking about buying a house? While idly shopping for a home can be exciting, the process should begin long before you attend any open house. Getting prequalified for a mortgage may give you a buying edge and serves as a good indicator to potential sellers and real estate agents that you are a serious buyer. … Continue reading "6 Things Mortgage Lenders Consider Before Approving a Home Loan"