What Credit Scores are Needed for Different Types of Loans
What Credit Scores are Needed for Different Types of Loans Credit Report by David B. Coulter Share Share Email Credit scores and reports can be complicated subjects to understand. After all, it is not something that we are taught in school, nor is it something that there is a great deal of public information on. […]
What are the Pros and Cons of Reverse Mortgages?
What are the Pros and Cons of Reverse Mortgages? Credit Report by David B. Coulter Share Share Email Since the launch of the first reverse mortgage in the USA in 1961, homeowners have benefitted from this avenue for releasing equity from their home to cover retirement costs or other expenses. The popularity of these loans […]
What is The ‘Move Me’ Slider?
What is The ‘Move Me’ Slider? Credit Monitoring by David B. Coulter Share Share Email In today’s digital age, many people have ditched cash for cards. Did you know that when it comes time to make your credit card payments, paying on time and in full could decrease your credit score? Or that you can […]
What is a Credit Freeze?
What is a Credit Freeze? Credit Monitoring by John Ulzheimer Share Share Email A credit freeze is used to prevent potential lenders or other businesses from reviewing your credit reports and credit scores without your consent. This prevents identity thieves from opening credit accounts in your name, even if they have your social security number […]
What is ScoreTracker?
What is ScoreTracker? Credit Report by Maria Shahid Share Share Email With all that is happening in the world right now, financial stresses are an area of concern. In the current climate, there are financial stresses. With the right score, you can save thousands of dollars in interest. Whether you are looking to increase your […]
What to Know About FHA Loan Qualifications
What to Know About FHA Loan Qualifications Money & Identity by Maria Shahid Share Share Email The Federal Housing Administration loan was borne out of the Great Depression, but it’s still a lifeline in the era of booming home ownership. Depending on your credit score, it may well be the best option available for buying […]
What Is The Bluebird Card?
What Is The Bluebird Card? Credit Cards by John Ulzheimer Share Share Email American Express and Walmart have teamed up to offer a debit card with low fees and advanced capabilities. It is targeted to the consumer who wants advanced banking services without paying high fees. According to American Express and Walmart, this account is […]
What Does a Mortgage Do to Your Credit Score?
What Does a Mortgage Do to Your Credit Score? Credit Score by David B. Coulter Share Share Email One of the best financial decisions you can make is to purchase a home. Although the recent housing bubble reveals that buying a home can be risky, there are still many benefits to owning your dwelling. Particularly […]
What is A Credit Inquiry?
What is A Credit Inquiry? Credit Monitoring by John Ulzheimer Share Share Email What in the world is an inquiry? And, more importantly, why do they hurt my scores? And how are people who shop for the best rates protected from many inquiries? Let’s tackle these in order… The definition of a credit inquiry is […]
What are “Score Factors”
What are “Score Factors” Credit Report by John Ulzheimer Share Share Email Score factors, which are also known as “reason codes”, describe the reasons your score was not higher. Since credit scores’ “secret sauces” are not divulged by the developer, score factors help to explain the score. That way the company can explain it enough […]