Entries Tagged 'Credit Bureaus' ↓

Will Your Credit Card Interest Rate Skyrocket?

Even some of the new credit cards that say zero interest balance for 6 months, if you go on the discussion boards or search the internet for the credit, and put the credit card name in and “complaints,” you’ll see a list of people on sites that signed up for a card and, within 30 days, their interest rate is at 29%.  They just moved over $6,000 from another card at 14%.  Their interest rate doubled!

Continue reading →

The #1 Secret of Credit Bureaus!

Want to know the #1 secret of Credit Bureaus?

Credit Bureaus Are in Business to Make Money.

Every one of the major credit reporting agencies or credit bureaus; TransUnion, Experian and Equifax, are independent businesses. They are, at their core, the largest list broker services in the nation; which means that they sell consumer information, and not just in the case of credit reports. They sell qualified lists. They’re the largest list brokers in the nation.

Continue reading →

Listen to Trent Lee on January 14th, 2009

Here is what you will learn on this powerful financial Teleseminar:

* The truth about D & B, and mistakes to avoid!
* What you must do differently to build up Corporate Experian!â„¢ Business Credit (It is not the same approach as D & B)
* Steps you must go through before you build your business credit profile!
* When to use vendor credit vs cash!
* Secrets to maximize your vendor credit!
* How to access cash (even in today’s current credit crisis)!
* What banks will not tell you when it comes to obtaining cash!
* What are the current criteria to obtain cash, credit score from revolving debt limits!
* Plus much much more!

Continue reading →

What VantageScore Could Mean for Newer or Less-Experienced Borrowers

Credit scores have long been determined by a nearly universal formula known as the FICO® * model. This model, owned by Fair Isaac, is used by over 80% of the major banks in the US, and is the familiar 300-850 credit ranking that consumers are familiar with.

Continue reading →

Understanding Your FICO® * Score And Its Variances

The main system in place for determining credit scores is called FICO® *, an acronym for Fair Isaac Credit Organization, which is the company that owns this formula.

Continue reading →