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How Does a Divorce Affect Your Credit?

Divorce, in and of itself has no bearing on your credit.  However, if you have joint accounts with your ex you could be in for trouble, even if debts are listed in the divorce decree as being the … [Read more...]

Big Changes Coming For Credit Reporting Agencies

Thanks to a 2015 settlement agreement between the New York Attorney General and the three credit reporting agencies, some important changes are on the way in regards to credit reporting. An additional … [Read more...]

Reading a Credit Report

Credit reports can be very confusing to read at times. There is a lot of information to decipher, codes that may not always make sense, etc. There are some basic things to know that may help when you … [Read more...]

What Exactly is a Rescore?

A “Rescore” is the updating of information on a credit report at the bureau level in an expedited manner. It is not credit repair and it is not a manipulation of the credit report. Eventually the … [Read more...]

The Equifax Breach – What You Need to Know

So you’ve found out you were one of the 143 million people who were possibly compromised by the Equifax breach. What exactly does that mean and what should you do now? What it means is that hackers … [Read more...]

A New and Dangerous Form of Identity Theft

“Synthetic Identity Theft” now makes up 80% of all ID thefts in the country at this time. Never heard of it? A lot of people haven’t. What is it? A thief takes one piece of your true identity (usually … [Read more...]

When a Lender Pulls Your Credit Report

You’re going to buy a home and you’ve gone to one of the many resources to pull a copy of your personal credit report, but is it the same as the credit report your lender will see? As far as the … [Read more...]

Checking Your Credit Report is a MUST!

Approximately one-third of the population doesn’t check their credit reports every year. Almost one-fourth have never checked them at all. Not checking your credit report on a periodic basis puts you … [Read more...]

What’s Not Included in a Credit Score

There is always a lot of talk about everything that IS included in credit scores, like how to make them better and what hurts them. But there is a lot of information that is not part of a credit score … [Read more...]

Credit Repair – Not Just Bad for Borrowers

Once a year I try to touch on the evils of credit repair as every year I see more and more the damage it can cause a borrower. But it’s not just the borrower that is negatively affected by credit … [Read more...]