Alternative Financial Services

Phone  (509) 443-4442

(509) 599-2010 Mobile
Specializing in Hard to Place Loans

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// Trans Union
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11
2014
Credit History

Credit Repair – Remove Accounts In Dispute

Recent changes in underwriting guidelines with Fannie Mae, Freddie Mac and FHA now prohibit a loan to be closed with accounts labeled “Consumer Disputes This Account”. If you are running into this issue reporting on your credit report it can be very frustrating to
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11
2014
Credit Success

5 Steps to Credit Success

5 Steps to Credit Success Step 1 for Credit Success. Evaluate: From your credit report, review your balances and credit limits, to determine if new credit needs to be established, identify accounts that are inaccurate, and determine the best way to pay off any negative debt. Step
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11
2014
Establish New Credit

Do I Need to Establish New Credit?

How Important is it to Have New Credit? Take a look at what is required for positive credit to affect your FICO score. The ratio for your credit scores consist of the 5 factors that are: 35%: Credit History 30%: Balances (or Debt Ratio) 15%: Length of Credit 10%: New Credit 10%:
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11
2014
Paying Off Collections

Pitfalls With Paying Off Collections

Sometimes doing the right thing, is not doing the right thing. This is a very important issue to pay attention to when paying off collections. Each creditors information or trade line reports to the credit report with a current manner of payment rating, with a 1 rating being
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11
2014
Credit Cards

Credit Card Balance Ratio for Improved Credit Score!

Credit is complicated and there are many different factors that go into the scoring. Payment history only accounts for up to 35% of what goes into your score. “Credit Utilization” can account for almost just as much as paying your bills on time at 30%. An important note to
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11
2014
Credit Repair Steps

Steps Involved in Credit Repair?

Credit Repair is working to correct or remove inaccurate and/or unverifiable information from a consumer’s credit report. By understanding what the dispute process you will have better success at achieving your end goal of a higher FICO® score. Step 1: Obtain your credit
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11
2014

Credit Myths

A Few Credit Myths Credit Myth #1: Your salary makes a difference in your credit score. Credit Myth #2: Always pay your credit card balance in full and that will give you the best credit. Credit Myth #3: Your credit score only counts when you’re looking to borrow money.