Credit Repair and the Holiday’s

As you may already know, though you may not be in need of credit repair, my articles are typically written from the view of the credit repair process but can be applied if you have perfect credit and are simply interested in maintaining a great credit standing. It has been my experience that many individuals actually exit the holiday seasons with worse credit and more debt than before the season started. My goal, less credit repair more credit wisdom. The desire to bless our kids, friends and family, fueled by marketing, sales and desire to keep up with the Jones’, leaves many consumers with empty bank accounts and maxed out or several new credit cards. Credit repair may be the next step to those individuals as maxed out credit cards, the opening of new credit cards and possible late payments due to overspending can significantly damage credit reports and credit scores. […]

By | December 30th, 2012|Credit Cards, Credit Repair, FICO Credit Scoring, Misc|0 Comments

The Alleged 850 FICO Score

Credit repair not the only answer If I may take a page out of Mint’s Facebook Page “fill in the blanks” for a moment. You are more likely to fill in the blank than to achieve a FICO score of 850. Who is actually scoring FICO 850? Is that even possible? The published score range of the FICO score is 300 to 850. Having said that, the range really isn’t 300 to 850. The range is actually somewhere between 300 and 850. The actual range of the score depends on the variety and generation of FICO score being used to score your credit reports. While credit repair can be a powerful tool to get your score into the high 700’s and above perfect payment history on several accounts is mandatory. […]

By | December 28th, 2012|Credit Scores, FICO Credit Scoring|0 Comments

Credit Repair Tip: Not Building or Maintaining Positive Credit

Credit Repair and Positive Credit If you have never had to use credit before, BRAVO! Of course, it’s best to pay cash for the things you need so that you don’t have to worry about credit card payments, loan payments or interest rates. But the chance of you needing credit in the future is very real. Someday you might want to buy a house. Perhaps you’ll want to buy a new car. […]