Meet Our New Credit Expert, John Ulzheimer
December 8, 2010 6:26 amThis is a summary of John Ulzheimer's professional experience, which includes time at credit bureau Equifax and credit score developer FICO
This is a summary of John Ulzheimer's professional experience, which includes time at credit bureau Equifax and credit score developer FICO
Everyone must start somewhere! Establishing credit can be difficult and confusing, especially for someone at a young age.
Creditworthy firms are not the problem per se, its depressed credit scores. Compounding this is the fact that lenders have raised their credit score qualifying requirements.
Credit reports have lots of information about your credit history. As with anything so complex and full of data, the credit report is not easy to read or understand, let alone find an error.
The Financial Reform Legislation will require lender certify that consumers have a reasonable ability to repay a loan. Lenders will look at your income closely, but this will also force more scrutiny on your credit score.