UltraFICO

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 … [Read more...]

New laws will make it easier to protect your child from Identity Theft

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 … [Read more...]

Opting Out

Does “opting out” really help your credit score? For years I have had people tell me their clients opted out and it increased their credit score by 10 or more points. In reality this is a myth. … [Read more...]

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...]

Do NOT follow this link or you will be banned from the site!