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CoreLogic Credco

CoreLogic Credco. Understanding the basics of FICO scoring. But I just got my score…. Why is it different?. Did you get it from these guys?. NextGen. Review your credit report regularly. Mortgage Payment Guide*. 760 vs. 639 = $289.00 Savings. * www.myfico.com/HelpCenter/Mortgages/.

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CoreLogic Credco

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  1. CoreLogic Credco Understanding the basics of FICO scoring

  2. But I just got my score… Why is it different? Did you get it from these guys?

  3. NextGen

  4. Review your credit report regularly

  5. Mortgage Payment Guide* 760 vs. 639 = $289.00 Savings *www.myfico.com/HelpCenter/Mortgages/

  6. Source: http://www.scoreinfo.org/Your-Credit-Future/Credit-Statistics.aspx

  7. Score Factors Score

  8. How is a Score Created?

  9. Types of Credit in Use Payment History Acquisition of New Credit Length of Credit History Amount of Debt

  10. “recover” after the fact. * * =http://bankinganalyticsblog.fico.com/2011/03/research-looks-at-how-mortgage-delinquencies-affect-scores.html

  11. Statute of Limitations

  12. Collection Accounts

  13. Get the facts first, then you can distort them as you please. - Mark Twain

  14. The FICO Score considers your income False

  15. Closing my unused credit card will improve my FICO Score False

  16. If I close an account I will lose the “Age” benefit False

  17. Spreading balances across multiple cards helps my score False

  18. FICO Scores are designed to get me into debt False

  19. FICO considers my monthly payment amounts False

  20. FICO penalizes me for having too many former addresses False

  21. Opting out of pre-approved credit offers will increase my FICO Score Contact: www.OptOutPrescreen.com or 1-888-5OptOut (1-888-567-8688) False

  22. FICO Scores are used by employers

  23. FICO Scores are used by employers False!!!

  24. Bonus Myth – Loan Modifications will have a negative effect on your FICO Score It Depends

  25. Top FAQ Impact of Foreclosure/Short Sale

  26. “recover” after the fact. * * =http://bankinganalyticsblog.fico.com/2011/03/research-looks-at-how-mortgage-delinquencies-affect-scores.html

  27. Thank You CoreLogic Credco prides itself on being a High Quality Credit Provider & we appreciate the opportunity to share our industry knowledge with you

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