1 STOP MORTGAGE BLOG!

Your 1st New Year's Resolution to Do Today!

Your 1st New Year's Resolution -  Order Your FREE Credit Report on January 1, 2017!                       From the Best Financial Habits to Start Today Series Courtesy 1 STOP Mortgage  Be proactive! It's to your credit to make sure your credit history is "clean".  Try to get into the habit to review your credit report once a year, but it's especially necessary before you apply for any credit or if you are thinking about new employment. Order a report from...

December 31st, 2016 | About your Credit!, Your 1st New Year's Resolution to Do Today!

5 Steps to Build Your Credit

5 Steps to Create Good CreditAccording to Experian, a credit score is a number lenders use to help them decide: "If I give this person a loan or credit card, how likely is it I will get paid back on time?" The information from your credit reports is used to create your credit score.  Before getting for credit, get your free credit report from each of the three major credit reporting agencies (CRAs): Experian, Equifax, TransUnion. Under federal law, you are entitled to one every year.Order online at www.annualcreditreport.com, or call 1-877-322-8228. Check to make sure someone el...

September 30th, 2016 | About your Credit!, 5 Steps to Build Your Credit

Does your Credit Report Need a Tune-up?

 CHECK IF YOUR CREDIT REPORT NEEDS A TUNE UP! Your credit report contains information about where you live, how you pay your bills, and whether you’ve been sued or have filed for bankruptcy.Credit Reporting Companies (CRC) sell the information in your report to creditors, insurers, employers, and other businesses that use it to evaluate your application for credit, insurance, employment, or renting a home. REASONS TO REVIEW YOUR CREDIT REPORT1.The information it contains affects whether you can get a loan - and how much you will have to pay to borrow money.2. To make sure th...

March 31st, 2016 | About your Credit!, Does your Credit Report Need a Tune-up?

Big Changes to Credit Reports Are on the Way

Big Changes to Credit Reports Are on the Way: What It Means for You  Credit.com By Christine DiGangi - May 21, 2015 11:50 AMAttorneys general in 31 states have reached a $6 million settlement with the major credit reporting agencies Equifax, Experian and TransUnion to make changes in the way they address errors in consumer reports and how some negative information is added to credit reports. The agreement is very similar to one announced March 9 by the attorney general of New York. The Consumer Data Industry Association, which represents the bureaus, says the new settlement is just more ...

May 22nd, 2015 | Credit Scores, About your Credit!, Big Changes to Credit Reports Are on the Way

Credit Hope for Millions!

No credit with the major Credit Bureaus?  Hope is on the Way! FICO announces Credit Hope for Millions with New Credit Reporting!The Wall Street Journal reports today that the way is being paved for millions of those who pay bills on a timely basis, but do not have traditional credit that reports to the 3 major Credit Bureaus. Read the full article below.WALL STREET JOURNALApr 1, 2015 FICO Gives Millions a Path Toward a Decent Credit Score By AnnaMaria AndriotisThere is already evidence that a new credit-scoring approach by Fair Isaac Corp. will provide a pathway to decent FICO scores ...

April 1st, 2015 | About your Credit!, Credit Hope for Millions!

Positive changes in Credit Reporting for Consumers

The Atlanta Business Chronicle published great news this morning! From Equifax, whose home is in Atlanta, joins the other major Credit Reporting Agencies, Trans Union, and Equifax, and have made changes in how they report and handle credit issues for consumers. Read the article in full below. Equifax, other credit giants change way they handle errors, medical debtMar 9, 2015, 6:07am EDT Updated: Mar 9, 2015, 9:14am EDTEquifax, Experian and TransUnion announced early Monday the companies are launching a program to improve their ability to collect complete and accurate consumer information.The...

March 9th, 2015 | About your Credit!, Positive changes in Credit Reporting for Consumers

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