Shopping for a mortgage but got bad credit? You are not alone! I invited a great mortgage expert Chaim Tarkieltaub from Mint Capital to explain the...
Credit Scores And Mortgages: Here Is What You Need To Know
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Intoducing FICO® Resilience Index
What is FICO® Resilience Index? Fico now has another tool to calculate how consumers use credit. The FICO® Resilience Index was created specifically...
The New Fico Scoring Model: Fico 10/FICO 10T– What’s Changing?
Fair Issac and Co., the company that created the Fico score, announced in a recent press release that they will make available their newest scoring...
Experian Boost
Experian recently announced a new program that will help consumers who don’t have any credit scores. The program is called Experian Boost. Until now...
Leaked Fico Document – Reasoning Codes
Which Factors Does Fico Use To Calculate Your Credit Score In this day in age, where transparency is at a very high level, it may sound very...
Fico XD- Introducing Alternate Data
Traditional Fico scoring models only factor in information found on a consumer’s credit report. A traditional Fico score can only be generated if...
Understanding the Fico Scorecards
People ask, how much will a late payment affect my credit score? 100 points? 150? What affect will high utilization have on my credit score? The...
Which Credit Score Model Is Used When Applying For A Mortgage?
As discussed in past posts, there are many different scoring models within each company resulting in different credit scores. When applying for a...
Rate Shopping- Will It Affect My Credit Score?
Rate Shopping In the grocery, we find people that touch, squeeze, and feel every apple before they choose the one they want. This is called a...