Credit Reports

  • Clarification on Upcoming Changes to Credit Reports

    • May 31, 2018
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments
    There have been a lot of questions cropping up surrounding the changes coming in June to credit reports. These changes are due to the settlement agreement from 2015 between the credit bureaus and state’s Attorney Generals. The last phase of this agreement is set to be in place as of June 8th, 2018. Due to
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  • Why a Liens and Judgments Report is More Important than Ever

    • April 27, 2018
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments
    With the changes the credit bureaus (Experian, Trans Union and Equifax) have made first regarding judgments and now tax liens being removed from credit reports, it is important to have a backup to make sure none of these items actually exist. Just because they are no longer on credit reports does not mean a borrower
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  • Fannie and Freddie May be Forced to Make Some Changes in the New Year!

    • January 7, 2016
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments
    The Federal Housing Finance Agency (FHFA), the agency that oversees mortgage investors Fannie Mae and Freddie Mac, have ordered the companies to make plans to utilize alternate and/or updated scoring models in 2016 and to move forward in implementing them. This change would have a major impact on credit reports once they are implemented. Right
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  • The FTC Provides Free Publications for Consumers

    • July 24, 2015
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments
    A presentation of the Did You Know Series Did you know…The Federal Trade Commission (FTC) has an abundance of free publications that you can order to help you with your credit? They offer publications on topics such as: How to Build a Better Credit Report, Understanding Your Credit Scores, How to Deal With Debt, Understanding
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  • Credit Reports Are About to See a Major Overhaul

    • March 19, 2015
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments
    Over the next 6-18 months credit reports will start to see some changes that could benefit many consumers. This comes from several years of investigations of the three major credit bureaus’ practices by New York Attorney General Eric Schneiderman. After a year of talks between the credit bureaus and the Attorney General - changes are
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