Category: Credit Reports

PREVENTING IDENTITY THEFT – FREEZING YOUR CREDIT

One way to prevent identity theft is to freeze your credit. If your credit is frozen, you have to manually unfreeze it prior to having it checked. Thus, if someone steals your identification, they cannot purchase anything in your name that requires a check on your credit. You can freeze your credit for free. To freeze your credit, go to the following links: Equifax – https://www.equifax.com/personal/credit-report-services/credit-freeze/ Experian – www.experian.com/freeze TransUnion – https://freeze.transunion.com If you need help freezing your credit, or have any questions, give us a call

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CREDIT BUREAUS AND CREDIT CARD BALANCES

Credit bureaus look at your credit card balances and history to determine how you manage your discretionary spending. The credit bureaus do not know your spending habits, but by reviewing credit card balances, they make conclusions regarding your ability to manage credit which will affect your credit score. If the cards are “maxed out”, or at their limit, they can negatively affect your credit score as the credit bureaus will conclude you have trouble managing credit. On the other hand, if you do not use credit cards, or have no credit, it does not help your credit score because you...

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CREDIT BUREAU REPORTING CHANGES

  The three bureaus — Equifax, Experian and Transunion will be implementing changes to their reporting beginning this July.  The new reporting pertains to medical debt and credit scoring.   For more information check out the full article https://bit.ly/3DCI72V   If you have questions regarding these changes feel free to contact us at Counsel Mortgage Group. We offer a variety of products and services, ask us how we can assist you today. We work for you, not the lender. Counsel Mortgage Group®, LLC Licensed in Arizona, California and Hawaii www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO #60DBO43873 HI-178927...

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3 BUREAU CREDIT REPORTS

  Credit reports can affect many aspects of our lives. Whether you’re buying a home, seeking employment, or financing a vehicle.   Check out this article about credit reports and how information is collected for reporting. There are also helpful tips on how to maintain good credit or how to rebuild your credit.   https://www.forbes.com/advisor/credit-score/3-credit-bureaus/   We offer a variety product services, ask us how we can assist you today.   Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO #60dbo43873 HI-178927 Copyright © 2021 Counsel Mortgage Group®, LLC.

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FREE CREDIT REPORTS

Credit reports are currently free as long as you only make an inquiry weekly. Click the link to the article from the FTC regarding getting a free credit report and credit monitoring during the pandemic. You can get your report at www.annualcreditreport.com, which is authorized by all 3 credit bureaus, i.e. Experian, Transunion, and Equifax. During these uncertain times, it’s nice to know you can stay on top of your credit report for free. https://www.consumer.ftc.gov/…/credit-reports-are-now-free-… If you have any questions about your credit in connection with getting a mortgage loan, contact Counsel Mortgage Group! We offer a variety of products and...

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CHECK YOUR CREDIT REPORT IN ADVANCE

Are you considering buying a home?  It may be worthwhile to review your credit report beforehand. To check your credit for free go to: www.annualcreditreport.com Many sites promise free credit reports, but this website is the only official site authorized by Federal law; It is sponsored by Experian, TransUnion, and Equifax. You are allowed to get a free copy of your credit report, without the score, every 12 months to ensure the information on your credit report is correct and up to date. You can also get your credit score on this site for a small fee.  Each credit reporting...

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HOW TO GET THE PERFECT CREDIT SCORE

Today’s post is a video from Bloomberg.com:   How to Get The Elusive Perfect Credit Score https://www.bloomberg.com/news/videos/2018-12-27/how-to-get-the-elusive-perfect-credit-score-video   Contact us and we can help you with your credit to qualify for the best mortgage for you.   We offer a variety of products and services, ask us how we can assist you today: Counsel Mortgage Group®, LLC www.counselmortgage.com 480-502-1000 NMLS #178927 AZ MB #0909580 CA DBO #60DBO43873   Michael Green is a Commercial Loan Originator for the Counsel Mortgage Group®, LLC.   Copyright © 2018 Counsel Mortgage Group®, LLC.  

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