Dun & Bradstreet and Trans Union Me...
Dun & Bradstreet is the main source for business credit profiles. Right now Trans Union, one of the 3 major credit bureaus, is joining forces with Dun and Bradstreet. It is unclear exactly how this will affect a companies business profile but there will be options to have personal and business credit merged. This makes understanding and watching all aspects of your credit...Soft Inquiries & Prescreening by Cr...
Soft Inquiries are when a consumer views and pulls their credit directly from the bureaus or from a sit online that sells reports and scores. These inquiries do not affect the credit score negatively. Prescreening or promotional inquiries are when credit card, insurance, or other companies request a list , from the bureaus, of consumers in a certain score range. These screenings or...Some History About the Credit Bureaus?...
By the 1960′s, Americans had become much more mobile and consumers were traveling more and more from state to state. As a result, lenders had to rely more heavily on the information they received from the credit bureaus since they couldn’t always interview applicants in person. But the credit bureaus would collect data secretly and the data they collected on...Average Age of Credit...
When it comes to credit scores it is a great advantage to have old credit. Ten to twenty years old is a great age since the older the better. It is important to note that when a new account is opened it reduces the average age of credit. Because of this consumers should be careful of the timing when opening new credit. For more information on credit restoration, view North Shore...Why do New Derogatory Accounts Drop Cred...
When lenders are reviewing credit and scores they want to see what a consumers risk level is RIGHT NOW. If a consumer is late today the chances that they will be late again, in the near future, are much greater. If a consumer had a bankruptcy 4 years ago and has not been late since they are a lower risk than the individual who was late last month. The score is much more sensitive...Late Payments can Reduce Scores Over 100...
Most consumers do not realize what weighs heavy on the Fico Scores is when an account is derogatory. The more recent the negative the worse the score drop. A late payment that occurs on a consumers credit for less than $10 can reduce the score 100 points if the consumers score is above a 780. The higher the credit score the greater the score drop. For more information on credit...California has Strict Laws Against Reque...
In California it is against the law to request to see a copy of a license when consumers are making retail purchases. For more information on credit restoration, view North Shore Advisory’s...What is Revolving Credit?...
Revolving credit is any type of credit a consumer can decide how much they would like to charge (up to the limit) and a minimal payment can be made. For more information on credit restoration, view North Shore Advisory’s...Experian’s definition of the”...
“The PLUS Score is derived from information based on a credit report, using a similar formula to those used by lenders. It can range from 330 to 830, with a higher score indicating lower credit risk. Modeled using the most current consumer information available, the PLUS Score best educates consumers about how to manage their credit and credit risks. The PLUS Score gives consumers...How to protect your computer against ID ...
Hackers control your computer through spyware, viruses, worms, and Trojan Horse programs. To protect your computer against these problems you must use anti-virus, anti-spyware and anti-malware software and keep these applications up-to-date. Always have a firewall that is set up correctly. Change passwords and administrative names consistently. Keep your wireless networks closed to...About Tracy Becker
Visit Our Main Website For Credit Repair Help
For over two decades, I have owned and operated a Credit Education and
Restoration Company. We can increase Fico Scores by hundreds of points and
our fee is billed based on success. I enjoy Public Speaking across the
Country where I work with all kinds of Professionals, helping them find
solutions to Credit Problems. I have Expertise in both personal and
business credit. I've worked with thousands of people leading them into
better credit and ultimately, financial health and more opportunity. I
educate Bankers, Realtor's, CPA's, and Finance Experts on Credit from A-Z.
I'm also publishing my second book "Credit Score Power". Lastly, I've been
interviewed on national Television and Radio as a Credit Expert. Feel free
to contact me if you have any credit questions or clients who wish to
increase their credit score.
Read all the great things our clients have to say about us! Click here...