CPN Scams Exposed!

What do you get when you mix an audience who wants fast results and has little knowledge of how an industry works… with a bunch of unethical, immoral, and unscrupulous con artists looking to get rich quick? You get CPN numbers. CPN numbers, or Credit Privacy Numbers, are 9 digit numbers that are illegal to…

Continue Reading →

The Case Against Credit Repair

When my wife and I moved into our house in 2005, we were by far the youngest in the neighborhood. My neighbors are pretty cool, though. Two of them were WW2 vets. The neighbor to my right is Mr. Handyman. They’re a great bunch who like to have BBQ’s and invite us over. During one…

Continue Reading →

The Customer is Always Wrong

A client calls and immediately tells me she just needs “x and x” removed. Our standard procedures are to always take a look and audit a credit report before giving any actual advice. But she was so confident that I almost didn’t push. Then I noticed that her loan officer had already sent us both a copy of…

Continue Reading →

The Problem With Our Credit Repair Services

There’s a problem with our credit repair services. I’ll explain… Just the other day I had a client email me that she was very upset and canceling services for both herself and her husband. She was a referral from a loan officer. She wants to buy a house and has nothing but derogatory information on…

Continue Reading →

New Student Loan Forgiveness Programs Unveiled

The nation’s student loan debt has expanded tremendously over the last decade. Recent graduates are saddled with student debt, preventing them from saving for retirement and delaying marriage and home ownership. And the cost of college keeps going up and up each year. According to data from J.P. Morgan, (JPM) college tuition is the fastest…

Continue Reading →

Why Your Credit Score Is Different Than The Score Your Lender Sees

FICO isn’t the only credit score model.  It’s simply the one lenders use when deciding whether to offer you credit. It’s also not the one people usually receive when they ask for a copy of their own credit report.  You get the same raw data, but you don’t get to see the same number that…

Continue Reading →

What’s in Your Credit File?

It is a common knowledge that credit bureaus keep lots of information, but not everyone knows exactly what information they keep. It’s as complete a record as they can get of your financial history, and they usually try to keep it for a minimum of seven years, and often longer. Here are some of the…

Continue Reading →

Here’s Why Your Credit Scores Are Different

In a perfect world there would be no difference between your scores at Experian, TransUnion, or Equifax. We don’t live in a perfect world.  The truth of the matter is that there can be huge differences between your reports with different bureaus: Some lenders only report to one bureau. Sometimes there are mistakes in your…

Continue Reading →

Why Your Creditors LOVE Bad Credit

Creditors in the credit equation are known as Data Furnishers.  They are the agencies who offer financing to consumers, then report the pay histories back to the credit reporting agencies or the credit bureaus. Some other personal information is also given by creditors, including consumers’ names, date of birth, social security number, address, prior addresses,…

Continue Reading →

How to Remove Credit Inquiries

If credit inquiries are a source of frustration to you, then you’re in the right place. The section on your credit report called “Credit Inquiries” lists the creditors and companies that have pulled your credit report in the last 2 years. There are two types of inquires: Hard and Soft. A soft inquiry is the result…

Continue Reading →

Page 1 of 3