Posts Tagged ‘credit check’

Tanisha only wanted to rent an apartment for herself and her two children. Little did she know that a history of not paying her utility and credit card bills  would make her search so difficult, ultimately forcing Tanisha to live in a much less desirable neighborhood. Jonathan had everything going for him at an interview with a prestigious insurance company. References, his degree, and a couple ... Full story

by Thom Fox Lenders review a variety of information whenever they need to decide whether a consumer loan applicant represents an acceptable level of risk. In this process, lenders review one or more credit scores. A credit score is typically a three-digit number that tells a lender how likely an individual is to repay a loan, and whether that person’s payments will be made on time.  FICO ... Full story

When you’re developing a long-term strategy to improve your credit, you need to focus on two main areas Full story

by Jeffrey R. Lipes As a first-time homebuyer, one of the best pieces of advice is to get prequalified for a mortgage before you start looking for a home; however, before you call or visit your mortgage broker or banker, you take one important step to protect your privacy. If you do not take this step, oncethe mortgage lender pulls your credit report, your ... Full story

Recently I read a great article called "Beyond the 6 Myths of Credit" in Scotsman Guide by Jeff Lau. I thought it would be good to share this information, because many of the myths are common mistakes we financially naïve folks make. Credit scoring and the credit world are mysteries to most of us, and everyone has an opinion about how to fix bad credit, what ... Full story