Education Archives

How to Use Credit Freezes & Fraud Alerts | Credit1Solutions Expert Guide

Worried about identity theft? Stopping unauthorized credit activity starts with credit freezes and fraud alerts—your best tools to block thieves and protect your financial future! Under the Fair Credit Reporting Act (FCRA), you have legal rights to freeze your credit report, place fraud alerts, and prevent criminals from opening accounts in your name. This guide will explain what… Continue reading How to Use Credit Freezes & Fraud Alerts | Credit1Solutions Expert Guide

The FCRA can help you maximize credit report damages

You must be told if information in your file has been used against you.

9 Types of Credit Scores You Didn’t Know Existed

9 Types of Credit Scores: Understanding Their Role in Predicting Profitability, Engagement Offers, and Bankruptcy Risk Beyond the well-known FICO Credit Score, which mainly assesses your credit risk, there are nine other consumer scores. These scores, based on various lifestyle factors, also significantly impact your financial standing. While they are less familiar to most, they… Continue reading 9 Types of Credit Scores You Didn’t Know Existed

Credit Resolutions from True Credit

Trying to improve your finances? Not sure where to start? Whether your goals involve credit clean-up, refinancing, or saving, you can make this year a personal best for your credit. Read on for TrueCredit’s top credit targets:

Lifestyle Choices That Effect Your Credit

Unveiling Hidden Credit Scores Beyond the familiar FICO Credit Score, there exist nine lesser-known consumer scores that also significantly impact your financial life. These scores, based on various lifestyle choices, are used by creditors to assess risk, profitability, and engagement. Revenue Score: Predicting Profitability To begin with, this score ranks your potential as a revenue… Continue reading Lifestyle Choices That Effect Your Credit

What steps to take when buying a home

Answer: Well, that depends on a number of factors, including the cost of the house and the type of mortgage you get. In general, you need to come up with enough money to cover three costs: earnest money- the deposit you make on the home when you submit your offer, to prove to the seller that you are serious about wanting to buy the house; the down payment, a percentage of the cost of the home that you must pay when you go to settlement; and closing costs, the costs associated with processing the paperwork to buy a house.