Why Didn’t My Credit Scores Go Up After I Paid My Tax Lien?
Why Didn’t My Credit Scores Go Up After I Paid My Tax Lien? Bankruptcy by John Ulzheimer Share Share Email I received the following question regarding the influence of paid tax liens on credit reports and scores. “John, I had a Federal tax lien in 2010. I paid it in 2012. I was under the […]
Will My Scores Go Up Considerably If I Pay Off My Debt?
Will My Scores Go Up Considerably If I Pay Off My Debt? Auto Loans by John Ulzheimer Share Share Email “John, I just sold my house and thankfully I got enough to cover both of my mortgages, a first and a HELOC. When my credit reports are updated to show zero balances on those loans […]
We have 49 different FICO scores and no, I’m not kidding
We have 49 different FICO scores and no, I’m not kidding Credit Cards by John Ulzheimer Share Share Email We all know that we have a FICO score, and most of us think we have just three, one per credit bureau. Would it surprise you, however, to learn that you actually have 49 different FICO […]
How Late Can I Be On a Payment Before My Credit Scores Get Damaged?
How Late Can I Be On a Payment Before My Credit Scores Get Damaged? Credit Cards by John Ulzheimer Share Share Email I received the following question from a reader asking about how late payments make their way to credit reports. “John, I just converted from paper statements to email statements for my credit cards. […]
How Bad Are Collections For My Credit Reports and Credit Scores?
How Bad Are Collections For My Credit Reports and Credit Scores? Auto Loans by John Ulzheimer Share Share Email “John, I’m in a battle with a doctor’s office over a bill they sent to me that I know is supposed to be paid by my insurance company. I flat out refused to pay it and […]
Do credit scores consider information not on my credit report?
Do credit scores consider information not on my credit report? Auto Loans by John Ulzheimer Share Share Email Credit scores are based upon information on the credit report. This is the only information used to predict credit behavior. The next question is, which data is and is not included in a credit report? Data normally […]
What Credit Scores are Needed for Different Types of Loans
What Credit Scores are Needed for Different Types of Loans Credit Report by David B. Coulter Share Share Email Credit scores and reports can be complicated subjects to understand. After all, it is not something that we are taught in school, nor is it something that there is a great deal of public information on. […]
Why Are My Scores Different Across Credit Reporting Agencies? Shouldn’t They Be The Same?
Why Are My Scores Different Across Credit Reporting Agencies? Shouldn’t They Be The Same? Credit Monitoring by John Ulzheimer Share Share Email Circa 1997, the question posed in this article’s title was one of the questions I was asked during my interview at FICO. Thankfully I answered correctly! Credit scores are built using credit data […]
How Can I Get Great Credit Scores?
How Can I Get Great Credit Scores? Bankruptcy by John Ulzheimer Share Share Email How you pay your bills or your payment history represents 35 percent of the points in your credit score, which is the largest component. This is over one-third of your score. This includes both current and past payments. But paying your […]
Will My Scores Go Up When I Dispute My Credit Report?
Will My Scores Go Up When I Dispute My Credit Report? Credit Monitoring by John Ulzheimer Share Share Email I received the following question last night from a Facebook friend: “John, I want to ask a question as you’re the only person I believe regarding this. (name withheld) says in a video that an “account […]