gnetconsulting Back to school. Seems like summer just started and it’s time, once again, to make the trip to the store for all those school supplies, school clothes and basic necessities, basically a time when you give your credit cards a little more of a workout. Can buying certian items actually hurt your credit? Do the … Read more
Winter is over. We’ve planted the flowers, washed the heaviness of winter off of the windows and dusted away the cobwebs. Now is a great time to check out any cobwebs that may be lingering on your credit report. For example – The charged off credit card from a couple years back. Or even the … Read more
Over 30,000 identity thefts occur each day with one quarter of these happening to people who are on vacation or traveling. Now that we are in the height of vacation travel, there are some fairly simple steps you can take to make sure this does not happen to you. Be proactive. Don’t wait for your … Read more
After years of hard work you have finally paid off your house. Your credit cards are paid off and the kids are off on their own. You are debt free! Then one day the Sheriff shows up on your door with an eviction notice because you have not been making your payments on your Home … Read more
A presentation of the Did You Know Series Did you know…which is better – a credit card or a debit card? In our society of more card use and less cash use along with the pervasiveness of fraud especially among the big box retailers, it is important to know which is better to use, a … Read more
Evergreen, Colo., May 8, 2014 – Serving as an update to the Advantage Credit, Inc. press release dated August 27, 2013 in which a fix was announced to how short sales were conveyed on credit reports, that announced fix has apparently failed. The Desktop Underwriter® (DU®) mechanism which is supposed to give lenders the ability … Read more
Evergreen, Colo., April 24, 2014 – Advantage Credit is excited to announce that they can now offer their Undisclosed Debt Notification (UDN) service from all three credit bureaus. This service is designed to monitor a borrower’s credit profile throughout the entire closing process helping to ensure a smooth closing. Fannie Mae has updated the policy … Read more
Evergreen, Colo., March 20, 2014 – Advantage Credit Inc., a leading provider of credit reporting services is pleased to have been accepted into the American Credit Union Mortgage Association (ACUMA). This membership will help Advantage Credit better serve its credit union partners and allow for opportunities for greater visibility with credit unions nationwide. “We are … Read more
A Presentation of the Did You Know Series Experian, Equifax and Trans Union have added a new function to their dispute handling system that makes explaining or providing proof of your dispute a bit easier. You can now upload, fax or mail any supporting documents you may have concerning your dispute. Prior to this the … Read more
When an account on a credit report has a dispute remark on it, an automated underwriting system (AUS) will pick up that remark and show it as a “refer” or an “ineligible”. Per Fannie Mae guidelines, the remark must be removed at the bureau level in order to run the report through the AUS. If … Read more