Do you have collections showing on your credit report?  Are they dragging your credit score down?  Even if the collections are legitimate, there are steps you can take that will minimize their impact on your credit score, or even get them removed altogether.
First things first, you need to identify who is handling the collection account.  […]

Posted in Your Credit 1 Comment »

 Having your credit report accurately represent your true credit situation is very important.  The problem is that most people do not check their credit regularly, if ever.  They only know about a problem once they apply for credit.  I suggest keeping tabs on your credit.  You are entitled to a free credit report from each […]

Posted in Borrower Resources, Your Credit 4 Comments »

A Credit Report consists of four basic areas:

Your personal information - name, address, Social Security number, date of birth, and employer are what you want to look at.
 
Your payment history - this includes your mortgage history, credit card history, installment loans, student loans, collections and any other revolving debt.  Usually your credit score is displayed […]

Posted in Borrower Resources, Your Credit 3 Comments »

With the current credit crunch, money is becoming tougher to borrow for a home loan or refinance.  One of the biggest factors that you have some control over is your credit score.  Your credit score is the foundation of any loan package that is put together for you, and there are some simple things you […]

Posted in Borrower Resources, Your Credit 8 Comments »