Raising your Credit Score

November 20, 2009 by Rob Spring · Leave a Comment 

How can you improve your credit score?
It’s virtually impossible to change your score in the time between when most people decide to buy a home or refinance their mortgage and when they apply. So the short answer is, you really can’t “on the spot.” But there are strategies you can live with to make sure [...]

Fair Isaac Eliminates ‘Quick Credit Repair’ Loophole

November 20, 2009 by Rob Spring · Leave a Comment 

Fair Isaac’s Credit Scoring Change Will Affect MILLIONS
I have been forecasting for quite some time that Fair Isaac would eliminate the loophole that allows people to quickly increase their credit score by being added as an authorized user on someone else’s established credit card.
Marketers Make Loophole Too Prominent to Ignore
For the most part, this loophole [...]

Disputing Mistakes on Your Credit Report

November 20, 2009 by Rob Spring · Leave a Comment 

Your credit report is a record of your credit activities. It lists all of your credit card accounts and loans, the balances as well as your payment history. It also shows if any action has been taken against you because of unpaid bills such as a lawsuit or bankruptcy filing. Because businesses use this information [...]

Credit 101

October 12, 2009 by Rob Spring · Leave a Comment 

Understanding credit and credit scoring is a very important part of the loan process.