Chane Steiner asked: A foreclosure can be reported on your credit report for 7 years and should be avoided at all costs. A foreclosure can be devastating to your credit scores. If you have a foreclosure on your record, credit repair should be one of the very first things you look into. A foreclosure can [...]
wellesley clayton asked: Demystifying the FICO Score Breakdown ant its Relationship with Your Credit Report-Part 1Wellesley Claytoninfo@restorecreditlegally.com This is the first article in a series created to provide a bird’s eye view of how the lender determineswhether or not to give the consumer access to credit. How the lenders decide who to lend moneydepends mainly on [...]
Ronnica Rothe asked: Your credit report is used by lenders to determine whether you are a fit candidate for a loan. If you want to buy a house or car in the future, now is the time to start working on cleaning up your credit report. Obtain a free copy of your credit report and [...]
joeybuttafooko asked: I own three homes. One conventional, one FHA, and one through hard money. The hard money was set at a baloon payment of the entire principal balance at the close of the 6-month term. I could not get the property sold or refinanced in the time allotted (damn changes in the Fed), so [...]