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![]() Are There Really Laws to Protect Me From Bad Credit Classification?The Fair Credit Reporting Act was established in 1971 to do that. It mandates the 3 major credit bureaus follow and adhere to certain procedures in the tracking and reporting of our personal credit rating. Also know as a FICO Score or Credit Score. ![]() Want? You Want To Take Care Of That Collection Account?Your goal is to Settle for the best possible deal. That means an agreement between you and the collection agency for payment less than was originally owed. This agreement includes never asking you for the remainder of the money. ![]() “Learn What Your Credit Score is and What it Means to YOU!”What’s Your Credit Score?
What? You don’t Know? Or it’s a solid 650.
Is that a combined score, and individual score or a score directly from FICO? ![]() Does This Tick You Off Too? Another New Credit Score Model? Vantage Score 2009Vantage Score is a scoring methodology that includes all three credit reporting companies and is supposed to deliver a predictive and easy way to understand our credit risk to those making decisions based on our credit scores. This can be used by: lenders, Insurance Companies, Employers, Wedding Planners, Mortgage Companies etc. It is a credit scoring model developed jointly by the national credit reporting companies ![]() Oh No! College Students? Credit Cards? Do they Mix?Follow the above principles and you will be a financial success. Cash is still King or Queen. You get better deals, service and attention. Let that be your motivator and not what you see in the world around you. ![]() Did the Divorce affect Your Credit Score? Not sure? It’s time to Check…NOWAre you recently divorced or divorced for a while? Rebuilding or continuing your credit after divorce may not seem like a priority right now, especially if you're still healing from your marriage ending. If you eventually want to obtain credit cards in your name, finance a vehicle or home, and even begin a new job, you need to make sure that you have a good CREDIT SCORE. Why? Your Credit Score will affect your ability to get a loan, rent a house, or get hired for that job. You have to have the h ![]() Are Going To Try And Get The Collection Account(s) Deleted?Your goal is to Delete the Collection Account(s) that are lowering your credit score thereby costing you a higher interest rate on any loan you may have or want to have.
A delete means, have it removed from your credit reports, with no signs that it was even ever there. This agreement includes never having to deal with this again…FREEDOM! AHHHHH.
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