Frequently, when doing credit counseling, I look at a credit report which is full of pot holes: collections, late pays, charge-offs and the initial focus of the client is on removing inquires.
Sure, the removal of inquiries is pretty easy. But it will have a pretty small effect on the client’s score. […]

Popularity: 19% [?]

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Since foreclosure rates are going through the roof, I am getting this question a lot lately. If you are faced with this situation, you’ll probably want to know how big a hit your credit is going to take.
My typical answer to all things score related is “if I knew the answer, I’d […]

Popularity: 10% [?]

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The way your credit score is determined is about to change and for many of us it can be to our benefit. Fair Isaac Corp., the maker of the FICO credit score indicator that is used by the majority of lenders has recently introduced a new model, FICO 08. FICO 08 was created […]

Popularity: 3% [?]

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