Discover card advertises to check your FICO® score and review their “Credit Scorecard” on the Discover Card website.  They say it is for free – which is enticing for everyone. They say that FICO scores are used by over 90% of lenders. However, this is where their deception starts that you need to be aware of […]

When you cry “Fire”, you expect there is a fire. When you cry “Wolf”, you expect a predator is coming. Many consumers are crying “Fire” or “wolf” when they have followed their Vantage® Score. The reason? The Vantage Score created a major crisis this week that reached all the way to the White House. Unfortunate, there […]

2020 has seen strong results for new clients of My Credit Plan (MCP). Average score improvement for those enrolled during the first quarter of 2020 (from January 1 to March 31) is 29 FICO points higher. This continues to lead Experian’s Boost (12 points average increase) and Creditxpert (27 points point increase).       The […]

In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house. This is understandable, given the health concerns associated with social contact these days. The question is, if you […]

Several car dealerships are offering deferred car payments for up to six months. Sounds like an opportunity for many to buy a new car or truck – right? Purchase a new car and no payments for six months.   How can anything go wrong or put anyone in a bad financial situation? Let’s take a […]

INTERESTED IN A  CUSTOM LOCAL MARKET REPORT? These reports are custom generated by zip code, address or neighborhood. If you would like a custom report, please email or text us and we will generate one specifically for you. Property Report by Address Sellers Report Property Valuation Work Book Market Activity Report by Zip Code Market […]

1. Exposure to Prospective Buyers Recent studies have shown that 94% of buyers search online for a home. That is in comparison to only 17% looking at print newspaper ads. Most real estate agents have an internet strategy to promote the sale of your home. Do you? 2. Results Come from the Internet Where did […]

The fallout for housing and for mortgage continues to change at a quick pace from the Coronavirus. Many are catching their breath from the rapid changes in last couple of weeks. The impact from these changes will be felt primarily for everyone, but especially for those with FICO scores below 680. All prospective home buyers […]

Credit score requirements for mortgages, auto loans, credit cards and other loans are all going up. For those who have excellent FICO scores, there is not a lot to be concerned about. For those with less than excellent FICO scores, the financial impact is even more astonishing. What credit score improvement program gets superior results. […]

During the Financial Crisis of 2008 and beyond, many homeowners found themselves upside down in their primary residence: they owed more on their mortgage than the value of their home. Lenders came up with a possible solution to offer consumers a loan modification. How did a modification impact their FICO® scores and their finances? There […]