You may be surprised to learn that most banks don’t report your mortgage balance or repayment history to a credit bureau agency. When you review your report your mortgage will not appear on it. There is no mistake here. This also means, similar to overdrafts and private loans, a lender reviewing your application for credit [...]

At one time people were able to walk into a bank with $1000 in cash to secure their first $1000 credit card. Their new card was 100% cash secured which removes most risk from the bank to help someone establish themselves within the financial sector. This seems simple enough right? Today however, times have changed [...]

Your monthly budget likely accounts for every dollar coming into your home. Perhaps detailing each payment and expense you’ll be required to pay for that month while the amount of cash left over you designate toward savings. When you’re sitting at your kitchen table trying to calculate if you can afford another loan, I bet [...]

There is a slang credit bureau report expression known as a “hit”, which refers to the action that occurs when a copy of your credit Bureau report is requested by a computer.
Many people believe (and some not so smart so-called experts) that no one will know where or how many times they have applied for [...]

There will come a time when you apply for a loan and your spouse’s credit bureau report will also be reviewed. The benefit of two incomes also carries with it the prior repayment history of each applicant. Challenge your individual rights to privacy based on marital status, sexual orientation, religion, and other personal information. Question [...]