To Get Higher Score – Keep Credit Cards Open- But Don’t Use Them?

Transunion started using a different "Black Box" model in January, and now Experian and Equifax are making technical adjustments too.Although they will not allow us to know the exact formula for calculating the score - we know SOME of the changes! Some of the changes are Collections that start under $100 will not have an impact on your … [Read more...]

Different Types of Credit Cards That Build and Establish Credit

There are different types of Credit Cards available to help you build your credit and your credit score.  In general, you need at least 4 tradelines to be able to purchase a home, although USDA Home loans will occasionally allow you to purchase with less than three - provided we can establish an "alternative" trade source, like your insurance, cell … [Read more...]