Monthly Archives: March 2015

Disputing Negative Accounts? Seek Help!

Disputing Negative Accounts? Seek Help!
Read this article if you are considering disputing negative accounts yourself E-Oscar is a web based automated system that enables the credit reporting agencies to respond to consumer disputes. This system is often referred to as a "monster". Once e-Oscar scans your dispute letter it determines its validity. This system can be a consumer’s worst…
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Types Of Credit

Types Of Credit
10% of your FICO score is based on these types of credit Is it a healthy mix? The score will consider your mix of credit cards, retail accounts, installment loans, finance company accounts and mortgage loans. It is not necessary to have one of each, and it is not a good idea to open credit…
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Top 5 Myths and Truths about Credit Repair

Top 5 Myths and Truths about Credit Repair
Top 5 Myths and Truths about Credit Repair Myth #1- When a consumer pays off past-due accounts, such as charge offs or collections, it will show as "paid" and no longer impact the credit scores Truth- Paying off past due accounts from the past can do more harm then good to your credit. Negative items…
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The Fico Algorithm: Cracking The Credit Scoring Code

The Fico Algorithm: Cracking The Credit Scoring Code
The Fico Algorithm: Cracking The Credit Scoring Code How Does FICO work? A very wise man once said, "the only source of knowledge is experience". That man happened to be Albert Einstein. If any company or person tells you that they know the FICO algorithm, then stop working with them immediately. What we have learned…
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