Your credit is a crucial part of the lender’s decision on whether you get approved for a FHA mortgage or not. Your credit score will also determine the rates and point structure the lender will offer you. You may think your credit situation is hopeless
Continue reading...Sunday, October 5, 2008
Credit Law is on the Side of the Borrower Whose Side is the Law On? Many people assume that credit bureaus are government-supported organizations that are backed by a whole lot of laws designed to protect creditors. Well, it may surprise you to learn that this assumption couldn’t be further from the truth.
Continue reading...Friday, July 13, 2007
In much the same way that a resume displays your work experience to a prospective employer, a credit report provides prospective creditors (and in some cases employers and insurers too) with a detailed picture of your credit history.
Continue reading...Thursday, July 5, 2007
To better understand what legal credit repair is, it would be helpful to understand a few types of illegal credit repair: Illegal: Changing your social security number to obtain a clean bill of credit. If any company should suggest this type of credit repair, report them to the authorities. Illegal: Disputing every item on your credit report, regardless of nature.
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Monday, July 6, 2009
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