What Credit Bureaus DON’T Want You to Know!

Filed Under Credit Bureaus | Comments Off on What Credit Bureaus DON’T Want You to Know!

http://creditrepairpublishing.com/credit-repair-articles/56-credit-bureaus/151-what-the-credit-bureaus-dont-want-you-to-know-about-the-metro-2-format-and-credit-reporting
Video Rating: / 5

Auto Loans Driving New U.S. Subprime Problem

Filed Under New Car Auto Loans | Comments Off on Auto Loans Driving New U.S. Subprime Problem

Auto Loans Driving New U.S. Subprime Problem

“Only five years ago, 80 million Americans had outstanding auto debt. According to data recently released by the Federal Reserve Bank of New York, that figure has now risen to 107 million. To put that in context: that is 43% of the adult population of the entire U.S. It’s almost as if Americans, burned by the subprime home mortgage crisis of a decade ago, have collectively moved one item down on the list of big-ticket items on their wish list.

And sure enough, U.S. car and truck sales have hit record after record over the past seven years.

A surge in December deals pushed the number of cars sold in 2016 to a record high for the seventh year in a row. The record was aided by the number of older cars on the road, improved economic conditions, easy credit, compelling product and Millennials aging and buying cars.

Last year, 17.6 million new cars and trucks were registered in the U.S., just over 100,000 more than in 2015. Sales have increased for every year since the crisis year 2009, when only 10.4 million light vehicles were sold – and Chrysler and GM declared bankruptcy. Last December, the average new vehicle hit a record high price of ,309, a result of low gas prices. Those have whetted Americans’ appetite for trucks and SUVs, which not only guzzle more gas, but also have a higher sticker price.

Higher prices means more borrowing, and it’s not just the number of Americans with auto debt that is breaking records, also the total sum of that debt – now topping .1 trillion. And, with depressing predictability, the number of people who are unable to meet the payments of their auto loans is also increasing.

Around 6 million Americans are currently 90 days or more behind on their car payments – the period of time after which they are in danger of having their vehicle repossessed. For many working-class Americans on the brink, losing their car can be the beginning of a precipitous drop into poverty. The car is often indispensable to get to work. Without a car, they also lose their work. The repossession earns them a bad mark on their credit report, which will make it harder for them to get other loans, or even to find affordable housing.”
https://howmuch.net/articles/americas-car-debt-boom
Video Rating: / 5

Why are my fico scores various? FICO vs Vantage A Credit rating by an alternative name

Why are my credit ratings not the same as what my loan provider informs me? There is lots of confusion surrounding fico scores and area of the issue is the repositories ( TransUnion, Equifax, and Experian) have developed an overlapping score called Vantage. A Credit rating by an alternative title. I think they own intentionally produced confusion over scores by making their rating model a little more than FICO. Understanding Credit? Understanding credit and just how can your credit make these types of a huge move in credit scores? view this movie 100% free internet based credit information.

Score Equivalence

FICO to Vantage
781-850 — 900–990
681-780 — 800–899
610-681 — 700–799
500-609 — 600–699
300-499 — 501–599

Subscribe http://www.youtube.com/subscription_center?add_user=sullythecreditguy
Have a look at 6 tips to raised credit right here http://www.getloanready.com
To get more no-cost all about credit, scoring have a look at my web log at http://www.thecreditguy.tv
Join me on LinkedIn at http://www.linkedin.com/in/thecreditguytv
Follow myself on Twitter at http://www.twitter.com/TheCreditGuyTV
Just like the Facebook Webpage http://www.facebook.com/TheCreditGuy
Follow my Pinterest board http://www.pinterest.com/thecreditguy

All Material included in the presentation, course, movie or website is shielded under copy write legislation plus the property of Hammer it Out LLC. No section can be utilized without express written permission. This course, movie, the website contains some ideas and viewpoints of their writer. Its designed to offer understanding in a precise way regarding the topic matter covered. It really is becoming used because of the understanding that mcdougal, author, or any affiliates aren’t engaged in making legal counsel. If legal advice is necessary, the services of an attorney should really be needed. Although every safety measure happens to be taken in the planning of the information, the author, writer, and affiliates believe no duty for mistakes or omissions. No patent obligation is thought according to the utilization of the information included herein. Mcdougal, writer, and affiliate marketer particularly disclaim any duty for responsibility, reduction, or risk. Individual or elsewhere; that incurred in effect, right or ultimately, or perhaps in the use and application of any associated with items with this guide, class, movie or site.

< iframe width="425" height="355" src="https://www.youtube.com/embed/QMtq-BSTXvs?rel=0" frameborder="0" allowfullscreen > How you can Obtain Your Free Credit Score Report

Hi every person. In this video clip, I show you how you can obtain your free credit history report. This is the report licensed by the U.S. Government. I reveal you exactly how to obtain it by going to the United States Government web site and by complying with the accredited credit scores record web site LINK.

A couple of important points to note:
You can go straight to the free credit record web site by going to annualcreditreport.com

Have your documentation prepared if you have actually neglected several of your credit rating (such as which company you received a lending from).

You can conserve a duplicate of your debt report by either publishing it or conserving it on your computer system or outside drive (recommended).

When you are ended up viewing/saving your debt record from your chosen credit reporting firms, close your net browser for safety and security reasons.

For even more information concerning your totally free credit score report, go to the adhering to link:.
https://www.annualcreditreport.com/cra/helpfaq.

Please like as well as comment if you liked the video clip. Thanks.

Important: This is an educational video just. I am not affiliated with the United States Federal government, neither am I an economic professional.
Video clip Score:/ 5

Part of the Inside Experian number of films

Many customers get frustrated because they don’t understand why or how the three major credit reporting agencies have various scores. Sometime the ratings may vary by 100 or higher points. There are numerous reasons this will happen, view this brief video and learn why!
Video Rating: / 5

Be careful about this credit repair trick to improve your credit score

They say time heals everything. But when it comes to your credit score, time could be the trick that delays your progress if you’re not careful.

Your family and friends have the best intentions, but always keep in mind that if they don’t do certain things for a living, seek a professional. Waiting for negativities to be automatically deleted could delay your chances at using your credit to make moves. Watch this video for a clearer explanation on what I mean.

Note: Date Assigned is another way to say Date Reported as well. Date Updated doesn’t tie into the age of the account but is another date to be aware of so you can confirm accounts have actually been verified. All of these dates can imply inaccuracies if incorrect.

Learn more about our credit repair service at this link: http://www.the700clubcreditrepair.com/
Video Rating: / 5

Check out 609 Credit repair https://609creditrepair.com/ where we have credit repair letters that work and help you dispute items on your credit report! Right now I’m in Pennsylvania helping out with my company Awesome Life Group where me and Cornita (a lot of you may know, but have never seen!) are working all through the night to get your credit repaired and help you live the life you want!

HIRE US TO REPAIR YOUR CREDIT FOR YOU: https://theawesomelifegroup.com/

SUBSCRIBE:http://www.youtube.com/subscription_center?add_user=bweaver1

FAQs: https://goo.gl/vRpnW8
A lot of the questions you have can all be answered in this frequently asked questions area, so be sure to give it a read first.

Try Robinhoood app and get a free share of stock:
http://share.robinhood.com/brandow976

SOCIAL MEDIA
WEBSITE: https://609creditrepair.com/
INSTAGRAM: http://instagram.com/brandonaweaver
FACEBOOK:https://www.facebook.com/brandonaweaver
TWITTER: https://twitter.com/brandon_weaver
IMDB: http://www.imdb.com/name/nm2358555

SUBSCRIBE:http://www.youtube.com/subscription_center?add_user=bweaver1
Video Rating: / 5

Next Page →