Advantage Credit, Inc. Integrates with SimpleNexus to Provide Unique Mobile Solutions for the Mortgage Industry

FOR IMMEDIATE RELEASE Evergreen, Colo., May 15, 2018 – Advantage Credit, Inc., a leading provider of credit reporting services to the mortgage industry and the developer of Monitoring Advantage which is the premier client retention and lead generation tool is pleased to announce an integration partnership with SimpleNexus. SimpleNexus is an enterprise digital mortgage platform … Read more

Why a Liens and Judgments Report is More Important than Ever

With the changes the credit bureaus (Experian, Trans Union and Equifax) have made first regarding judgments and now tax liens being removed from credit reports, it is important to have a backup to make sure none of these items actually exist. Just because they are no longer on credit reports does not mean a borrower … Read more

Tax Liens Are Going Away

For the second time in the last year the credit bureaus are making a major change in their credit reporting standards. Last week Experian announced that starting on April 16, 2018 all tax liens will be removed from consumer credit reports. And they will stop reporting all tax lien data going forward. Trans Union and … Read more

Advantage Credit Responds to FHFA Request For Information on Credit Scores

At Advantage Credit, we’ve always taken an active role in trying to shape regulation and policy that help produce sound credit underwriting decisions that will benefit both lenders and consumers. To that end, the Federal Housing Financial Agency (FHFA) announced a Request For Input (RFI) seeking feedback from interested parties regarding how Fannie Mae and … Read more

Late Payments and Revolving Balances

Late payments and revolving balances are the two things that can do the most damage to a credit score. Having a late payment show up on your credit report probably makes sense but can revolving balances really have as much of a negative impact as a late payment? Absolutely. Let’s look at late payments first. … Read more

Big Changes Coming For Credit Reporting Agencies

Thanks to a 2015 settlement agreement between the New York Attorney General and the three credit reporting agencies, some important changes are on the way in regards to credit reporting. An additional agreement between the credit reporting agencies and another 31 state attorney generals ensure that the change will be nationwide. The changes are being … Read more

Advantage Credit Announces Update of Mobile App

Evergreen, Colo., January 12, 2018 – Advantage Credit, Inc. is excited to announce an important update to their free mobile application first launched in 2013. The update vastly improves the app on iPhones, iPads and Android smart phones and tablets. The new and improved app will still continue to provide the informative original articles from … Read more

Advantage Credit Donates to Direct Relief – Puerto Rico in Honor of Their Customers

Evergreen, Colo., December 14, 2017 – In appreciation of their customers as well as in the spirit of the holiday season, Advantage Credit, Inc. has made a donation to Direct Relief in Puerto Rico in honor of all of their customers. “We are thankful for our valued clients and wanted to do something that is … Read more