Our Blog

What should you know before you start to apply for a loan? Before you start trying to get a loan, there are certain things you should consider. The most important thing is what is my credit score? There are many types of lenders, and each may have their own...

Nowadays virtually everything is done over the internet. And because of this, it is getting easier for criminals to steal your credit or identity. But do not worry, there are steps you can take to prevent this from happening to you. Some simple steps you can take to...

  FICO 5 VS FICO 8   FICO Score range from 300-850 and a score of 700 or above is preferred by most lenders. Credit scores are one of the main things that lenders look at in deciding whether you get approved or denied. What most people do not know is that...

A repossession or voluntary surrender also known as a voluntary repossession occurs when someone cannot afford the payment on their vehicle anymore. The proactive approach would be to inform the lender you can no longer make payments. Bot scenarios will harm your...

A credit score is a number calculated by using a variety of factors in your credit history for example on time payments, how much debt, how many new accounts and can vary from 300-850. There are two competing credit companies which are (Fair Isaac Corporation) FICO...

What are the steps we can take to improve our credit scores? Stop applying for credit. Pay down your balances in your accounts. Pay accounts on time. Build a good credit file Why should we stop applying for credit? Each time we apply for credit we get a hard hit on...

Hard credit inquiries happen when you apply for a loan or credit card, while soft credit inquiries typically happen when you — or your employer or landlord — check and verify your credit. What is a soft credit check also called a soft inquiry or soft pull? When a soft...

Debt Settlement What is debit settle? Debit settlement is the process of negotiating with your creditors, so that they may be willing to accept less than what you owe on your account. Companies that do this process do it with the understanding that you will pay them...

A charge-off can be defined as a derogatory entry in your credit report that has a negative affects your credit scores and your ability to borrow additional funds. Creditors typically charge off accounts after 180 days outstanding balance, this changes a report from...