I get asked this question a lot: “If I do X, how many points will my credit score go up?”
The truth is, no one knows EXACTLY, except for the creator of the FICO score, Fair Isaac and the creators of the other scoring system, VantageScore. VantageScore was created by the credit bureaus in an […]

Popularity: 15% [?]

[Read more →]

Student credit card debt is a problem. The average college graduate carries $2,748 in credit-card debt, according to a 2007 survey by student lender Nellie Mae. And nearly one in four graduates leaves school with more than $5,000 in credit-card debt, according to a recent survey by Zogby International that was commissioned by credit […]

Popularity: 19% [?]

[Read more →]

With more than 12 million illegal immigrants estimated to be living in this country, it’s certainly a question worth posing. Determining the impact of illegal workers on unemployment rates, healthcare costs, and other social and economic sectors is difficult enough, due to the nature of them being “undocumented”. There are numerous arguments both for and […]

Popularity: 21% [?]

[Read more →]

For better or worse, FNMA keeps tightening the reins on those unlucky (not so) few that are going through the foreclosure process. They announced earlier this spring that they were increasing the time period (up a year, to 5 years) that borrowers who have been foreclosed upon would have to wait to be considered to […]

Popularity: 23% [?]

[Read more →]