News
-
Mortgages in the Pandemic
- May 18, 2020
- Posted by:
- Category: News
No CommentsWith all the craziness and changes going on in the world today it is easy to get confused with the sheer volume of information being released. Since the Fed dropped the interest rates to zero, there are many questions as to how this will affect mortgage rates. Additionally, with the surge in unemployment, the -
A Personal Note from Advantage Credit
- March 31, 2020
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
A Personal Note from Advantage Credit As the Manager of Rescore Services for Advantage Credit, along with having over 30 years of experience in mortgage and credit, I’ve written a great deal of original industry articles, with 99% of those covering something credit related. With everyone stressed, worried and frazzled right now, this article is
-
Can Collections Be Removed?
- March 11, 2020
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
This is a very frequently asked question – It is possible to have a collection removed from a credit report? The best answer would be…sometimes. A lot depends on the type of collection, the amount of the collection and the policies of the collection agency. Technically, a collection will stay on a credit report (paid
-
The Truth About Trigger Leads
- February 20, 2020
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
The Truth About Trigger Leadsby Mindy Leisure The first step in obtaining a mortgage is always going through the application process. You found the broker you want to use and fill out all the paperwork. Then you go home to find half a dozen voicemails and emails from different brokers claiming they can offer you
-
Think Twice About These Credit Decisions
- September 5, 2019
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
There are certain decisions that people make when it comes to credit that seem like smart choices up front, but can in fact actually damage credit scores. Obviously, one of the best ways to obtain and keep a good credit score is to pay your bills on time. But that’s really just one small part,
-
Tax Time Identity Theft
- March 7, 2019
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
Identity theft increases by seven percent during tax season from March through June. What is the primary source of this identity theft? Your mailbox. If you use “snail mail” to pay bills or receive checks you need to be aware, especially during this time of year. These identity thieves are not the high tech savvy
-
Credit Score Myths
- January 10, 2019
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
Credit scores can be confusing at best. There is a lot of information floating around about credit and scores that just simply aren’t correct. So let’s start out the year by de bunking some of the “myths” that I constantly get questions about. Opting out will help a credit score. No it won’t. The bureaus
-
UltraFICO
- November 8, 2018
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
Fair Isaac Company (FICO) along with Experian and data aggregator Finicity announced last week that starting in January 2019 they will begin pilot testing a new credit score called “UltraFICO.” In addition to the information the scoring models already take into consideration, this new score will also factor in the money a consumer has in
-
Advantage Credit Has Merged With Clear Choice Credit
- October 23, 2018
- Posted by: Rachel Dell, Director of Marketing
- Category: Press Releases
Evergreen, Colo., October 23, 2018 – Advantage Credit Inc., a leading provider of credit reporting services to the mortgage industry is pleased to announce the merger of Clear Choice Credit based in San Francisco and Advantage Credit, Inc. based in Evergreen, Colorado effective December 1, 2018. Clear Choice Credit has been a recognized leader in
-
New laws will make it easier to protect your child from Identity Theft
- August 30, 2018
- Posted by: Mindy Leisure Director of Rescoring Services
- Category: News
In a study from Javelin Strategy and Research published in May, more than one million children were victims of identity theft in 2017. Of those, 66% were under the age of eight. Up until now it was next to impossible to freeze a child’s credit file because there was no history for them. Children are