Credit

Credit

Credit Score Inquiries

What’s the Difference Between Hard and Soft Inquiries?

At the bottom of your credit report, you’ll often notice credit inquiries made by companies. Is the list long? Are the dates close together? Are you in need of more credit? It’s okay. We’ll help you learn the types of credit inquiry and how to minimize them. What Is a Hard Inquiry? When you apply […]

Homebuying Hurdle: Location

‘I can’t find any affordable homes in the location that I prefer.” Finding a home to purchase is a difficult task, especially if the area you prefer is out of your price range.  If you are running into a hurdle with finding a home within your means, then a simple change in mindset is probably […]

Eagle’s 30-Day Financial Cleanse

What is the 30-Day Financial Cleanse? It’s simple. For 30 consecutive days, you will make small changes to your lifestyle to help you save money. If you commit to this financial cleanse you will save money, enhance your credit score and start saving for dream purchases. Get started by printing out our 30-Day Financial Cleanse Calendar!  […]

What is a Credit Specialist?

Between rising education costs, increased cost of living and inflation, it’s no surprise that many Americans are in debt. A high amount of debt is typically accompanied by a low credit score. This means higher loan interest rates and premiums that can rack up a huge bill in the long-term. In addition, bad credit (lower […]

Credit Report EHM

Credit Report Got You Down? Big Changes May Bring a Boost This Summer.

Some big changes are on the way when it comes to your credit report– and they may just work in your favor! The three major credit bureaus – Experian, Equifax, and TransUnion – have come to an agreement with 31 state attorney generals to change the way they look at collections and how they affect […]

Couple Credit Score FICO Vantage

What’s the Difference Between FICO and VantageScore?

When you fill out a loan application, the lender will pull your credit to determine whether they should lend you money or not depending on your credit score. The score you receive will most likely come from FICO or their competitor VantageScore. So are these two credit scores the same? Not exactly. FICO The majority […]

Holiday Black Friday Christmas Spending affect Your Credit Score

Holiday Spending vs. Your Credit Score

The leaves are falling as the winds begin to cool. Lights are hung along the streets while your favorite holiday songs play everywhere you go. You can’t help but get into the holiday spirit and spread cheer amongst your friends and family. We get it; it’s the best part of the season! But before you […]

Things Affect Credit Score

Surprising Things You Didn’t Know Affect Your Credit Score

1. Collections You may not realize that many of your day-to-day outstanding debts that occur are sent to collections. These third-party debt collectors typically report these outstanding accounts to the credit bureaus, which could show up on your credit report and affect your score. These day-to-day outstanding debts may include things like your utility bill, […]

FICO credit score range

Your FICO Score Range and Why It Matters

FICO scores are used in 90% of credit decisions to accurately understand your credit risk as a borrower. When you are obtaining financing, lenders use your FICO score, financial situation (income, job status) and type of credit requested to make better credit lending decisions, which ultimately determine your approval and rates. The factors that influence […]

Home Buying Credit Score

What Buying a Home Does to Your Credit Score

If you’re on your way to purchasing your first home, you might be wondering, “Will this impact my overall credit score?” The mortgage process will definitely affect your credit score. But luckily for you, these are only minor and short-term dings to your score! How does this affect my score? At first, your score may […]