In 2021 an estimated 42 million Americans had their identity stolen.[i] With the growing prevalence of data breaches and cybercrime, it’s no surprise that identity theft is on the rise. Dealing with identity theft can be upsetting, expensive, and time-consuming. Fortunately, there are ways to guard against it. One tool consumers can use to protect themselves from credit-related fraud are … Read More
We have all been there, a borrower says they have a 720 credit score, but when you get the report back they have a 680. How can that happen? How do you explain the difference to your borrower? In this episode of Talk Data to Me, we are joined by Mark Teta, Regional VP at Certified Credit to talk about … Read More
From mortgage loans to credit cards, financing can help you accomplish your financial goals more quickly and conveniently than you could otherwise. If you want to take advantage of credit, you need to establish yourself as a trustworthy borrower. There are five factors that lenders use to assess your creditworthiness. These factors are known as the five C’s of credit: … Read More
Getting calls from debt collectors can be overwhelming and stressful. Additionally, having a collection account listed on your credit report can bring down your credit score considerably. You may be wondering just how much a collection can impact your credit score. In this article, we’ll discuss the credit consequences of having an unpaid debt go to collections. We’ll also review … Read More
Talk Data to Me: NextGen Homebuyer with Kristin Messerli of Experience.com Homebuying has always been one of the most complex and important decisions an individual can make. But, with the impacts of the COVID-19 pandemic, lacking financial education, and the challenges of the current housing market, the next generation of homebuyers is finding it more challenging than ever before to … Read More
Social media has transformed the way we connect with one another and conduct business. As of 2022, the average person spends two hours and 27 minutes on social media each day.[1] With so many people engaging actively on social media, it’s crucial that mortgage lenders learn how to operate in this space effectively. Having a positive social media presence can … Read More
