Q&A: REMOVE PAID-OFF ACCOUNTS?

QUESTION: Should I close or remove old accounts from my credit report once I pay them off? ANSWER: One of the best ways to maintain a strong credit score is to show the longest possible credit history on your report. … Continue reading

DOES MONEY LINGO MAKE YOUR HEAD SPIN? HERE’S WHAT IT REALLY MEANS

Money jargon is everywhere, online or blaring from the TV and radio. Yet how many of us know what terms such as APR, expense ratio and ETF actually mean? If confusion over money talk makes you feel dumb, get over … Continue reading

CREDIT SCORE MYTHS UNVEILED: THE THINGS THE CREDIT BUREAUS AND CREDITORS DON’T WANT YOU TO KNOW

CREDIT SCORE MYTHS UNVEILED: THE THINGS THE CREDIT BUREAUS AND CREDITORS DON’T WANT YOU TO KNOW

Believe it or not there are a few Credit Bureaus and Creditors that know certain things they’d rather not have you know. Today we are going to have a look at some of these points as we believe these are … Continue reading

ELEVEN VARIABLES THAT CAN AFFECT YOUR CREDIT SCORE

ELEVEN VARIABLES THAT CAN AFFECT YOUR CREDIT SCORE

Riding on the coattails of a previous blog posting, regarding what ultimately determines mortgage interest rates, many prospective borrowers may also be surprised to learn that up to eleven different variables may affect the final interest rate they receive. While … Continue reading