Announcing Mortgage Relief Online

Mortgage Relief Online (MRO) allows US homeowners to find out if they may be eligible for mortgage relief under the government’s new Making Home Affordable plan. MRO is sponsored by myFICO®, the Home Preservation Foundation (a MHA/HUD approved federal agency), and Money Management International (the nation’s largest full-service nonprofit credit counseling [...]

Any type of separation or breakup is certainly not easy and can take its toll emotionally, physically and even financially.  We've heard a familiar story over the years from clients that have gone through divorce:
"The divorce decree said my spouse was responsible for paying those accounts."

   We get lots of questions about credit scores and we find that there still is a lot of confusion about which scores are FICO and what the difference is.
Most lenders in the U.S. use the FICO scoring system to determine loan eligibility. FICO scores range from 300 to 850 and each of the three credit [...]

     Our recent article covering what to do when a company erroneously puts negative information on your credit report prompted another question.
HOW LONG DOES IT TAKE TO GET IT CORRECTED?

   As more and more people face the prospect of losing their home in the midst of this economic whirlwind, we are getting more questions about foreclosures and short sales, and how they show up on credit reports.  

   Regularly monitoring your credit reports is an important part of growing better credit scores.  Because so many credit reports have errors on them, you want to review yours often to be sure that nothing erroneous has been added. 
So what do you do if there is suddenly a late payment or charge-off notation on one of [...]