Archive for the ‘Credit’ Category

March 10, 2010 0

Where the Heck Did FICO Come From?

By Marla in Credit, Mortgage

Not too long ago, the credit world was much different than it is today. Credit bureaus operated in near secrecy, gathering information in ways that may surprise you. For instance, did you know that Retailer’s credit (now Equifax) received information about you gathered by the Welcome Wagon hostess?

Tags: , , , , , , , ,

December 30, 2009 0

Getting Started with a Pre-Qualification

By Scott in Credit, Qualifying

(All stories shared on Lending A Hand contain fictitious names with changes to insignificant details.  The privacy and trust of our customers is our top priority.)
Bonnie and Clyde (fictional names, of course) called us up the other day to get qualified for a home purchase.  Apparently the robbery profession isn’t what it used to be. [...]

Tags: , ,

December 2, 2008 0

What is a Good Credit Score?

By Scott in Common Questions, Credit, Qualifying

You just want to know what a good credit score is.  Probably because you are looking into obtaining a mortgage, or maybe an auto loan.  Did you know credit scores are used in other areas outside of obtaining financing?  Cell phone companies, insurance companies, apartments and sometimes even employers will check your credit to determine [...]

Tags:

Older Entries
Information deemed reliable but not guaranteed