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In the wrap up of the 12-part video series, Kristy and Nookie talk about how to maintain Nookie’s good credit once he has successfully cleaned it up. Details on what goes into your credit score are discussed.
Credit scores, on the scale assigned by FICO, range from 300 to 850. Who has an 850 credit score and what canyou do to get one? Less than 1 percent of the population has a credit score above 800, so it’s very unlikely you will have an 850 credit score. However, if your credit score is above 720, you will probably still receive the best rates. Watch more credit and identity theft videos from Expert Real Estate Tips to learn how to raise your credit score.
Jean Chatzky is correct, you cannot get your FICO score–the score that is used by lenders–for free. However, if you want an approximation of that score, there are a few companies that will provide them for free. But keep in mind, that each free attempt will in fact add an inquiry to your report which has been known to lower your score. See credit score myths below. And all [except MY FICO] are the credit scores developed by the credit bureaus themselves, Experian, TransUnion, and Equifax, and are not your actual FICO scores. Only the FICO score from myfico.com is used by lenders to determine your credit worthiness. CreditKarma.com: Gives you your TransUnion score. But it is Advertising-supported. E-Loan: Experian score. If you visit their website, be sure to scroll down to “One-Time Credit Snapshots” and “Free Credit Score (Credit Score Only)” Prosper: Experian score. Feel free to ask any credit related questions in the comments section of this video. I’ll be happy to answer them if I can. ALSO, PLEASE FREEZE YOUR CREDIT REPORTS!!!!!! and please go to www.optoutprescreen.com to opt out of all offers of credit and insurance for 5 years. Don’t bother with the permanent opt-out. Credit score myths: Myth: You have only one credit score. You actually have three scores, one from each of the three bureaus (Experian, TransUnion, and Equifax). They use the same “equation” from Fair Isaac Corporation but they each collect their own data, they each have their own slightly …
ClickHereForMore.info – Watch the rest of the credit repair report video. Learn how to improve your credit score. Kick ass advice by free credit score insider.
www.CreditRepairPublishing.com info from the Credit Secrets Bible CREDIT REPAIR FACTS and FALLACIES 6 Ways to Separate Fact From Fiction! Credit bureaus like experian, equifax and trans union are not government agencies. They are privately held for profit companies…. So many consumers freak out about their credit report and the credit bureaus. It’s the like the credit boogeyman is chasing them in a bad credit dream (or credit nightmare). So much information is conflicting it’s easy to get confused. Most banks and credit bureaus like trans union, equifax and experian would love you to believe that the only thing that can repair your credit report is time. Laughs…. How about all the errors and inaccurate information? Can that only improve or heal over time as well? let’s face it. You’re worth more to the credit bureaus and banks with bad credit then good. You’re worth more with a low credit score than a high credit score. So, is it any surprise the system is slanted and almost all the errors are in the favor of the banks and credit bureaus like experian, equifax and trans union? Hmmmm…. Can 100% accurate information be removed from your credit reports? Actually, contrary to popular belief, it can. Nothing prohibits a credit furnisher of information (FOI) from removing accurate information from a credit report. Even if it is negative or derogatory. Remember, credit bureaus are really in the business of selling information. It just happens to be that negative …
Mortgage Expert Dan ‘the mortgageman’ Foster demystifies credit / fico scores. Credit scores dissected and what you need to know about your credit when getting a mortgage – Originally broadcast live on Good Day Sacramento
www.absolutelyfreecreditscores.com Find out what you need to do to raise your FICO credit scores up to have an excellent or perfect Equifax, Experian, Transunion credit score. Find out if you should close your old credit card accounts or leave them open. Find out the number 1 secret to having a good or bad credit score. www.absolutelyfreecreditscores.com