Credit Scores

  • Credit Cards and the Pandemic

    • February 18, 2021
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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  • How Often Do Credit Scores Update?

    • September 23, 2020
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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  • Installment Loans and Credit Scores

    • August 25, 2020
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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  • Why Your Credit Score Isn’t Increasing

    • July 22, 2020
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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  • Can Collections Be Removed?

    • March 11, 2020
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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    This is a very frequently asked question – It is possible to have a collection removed from a credit report? The best answer would be…sometimes. A lot depends on the type of collection, the amount of the collection and the policies of the collection agency. Technically, a collection will stay on a credit report (paid

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  • Think Twice About These Credit Decisions

    • September 5, 2019
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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    There are certain decisions that people make when it comes to credit that seem like smart choices up front, but can in fact actually damage credit scores. Obviously, one of the best ways to obtain and keep a good credit score is to pay your bills on time. But that’s really just one small part,

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  • Why a Liens and Judgments Report is More Important than Ever

    • April 27, 2018
    • Posted by: Mindy Leisure Director of Rescoring Services
    • Category: News
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    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

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  • Advantage Credit Responds to FHFA Request For Information on Credit Scores

    • March 27, 2018
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    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

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  • Big Changes Coming For Credit Reporting Agencies

    • January 25, 2018
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
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    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

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  • Bankruptcy and Credit

    • October 19, 2017
    • Posted by: Joel Firestone (G-Net Consulting)
    • Category: News
    No Comments

    The amount of consumers that file bankruptcy each year continue to decline since new laws went into effect in 2005 tightening the requirements for a consumer to be able to file. The numbers that still do file, however, are a bit staggering. In 2016 there were 800,000 bankruptcy filings. Statistics show that 60% of bankruptcies

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