Simple; take the word “no” out of your vocabulary if the issue is credit. The answer is ALWAYS “yes”. Contingent on increasing the credit score to where ever it needs to be (+600 for FHA, 640 for USDA…). You don’t have the time to hold… Read More »How to Originate More Mortgages, How to Sell More Homes.
The Consumer Finance Protection Bureau (CFPB) was born out of the Dodd-Frank Act. Dodd-Frank is the legislation passed after the 2007-2008 Great Recession to reel in the big banks and Wall Street firms and regulate them so that what led to the economic meltdown could… Read More »We Need the Consumer Finance Protection Bureau (CFPB)
Warning signs of a debt problem You may feel ‘the dark cloud of debt’ over you. Before it turns into a storm, assess your situation with guidelines that can help you avoid worse trouble. Do you have problems sleeping at night? Do you dread getting… Read More »Debt Problem? The Warning Signs – Best Credit Rx LLC
The FICO® Score is calculated from several different pieces of credit data in your credit report. This data is grouped into five categories as outlined below. The percentages in the chart reflect how important each of the categories is in determining how your FICO Score… Read More »How my FICO Score is calculated