Credit Building Apps
|
|
|
- Emory Mitchell
- 5 years ago
- Views:
Transcription
1 Credit Building Apps Apps that Can Help Build and Repair Credit Webinar of September 27, 2018 Sponsored by Community Development and the Payments, Standards, and Outreach Group of the Federal Reserve Bank of Minneapolis 2018 Federal Reserve Bank of Minneapolis. Materials are not to be used without consent.
2 About Us Isaiah Goodman Owner of Becoming Financial Developing your financial character with dynamic planning and empowerment BecomingFinancial.com Minneapolis, MN 2
3 About Us Mary Hughes Senior Payments Consultant Payments, Standards, and Outreach Group The Federal Reserve has a wide-ranging participatory role in the payments system, helping to ensure efficiency, integrity and accessibility. MinneapolisFed.org Federal Reserve Bank of Minneapolis 3
4 Disclaimer The apps and tools described in this webinar are intended to serve as examples. This webinar is not intended to promote or advocate a specific action or product. Potential users of each product should do their own research and determine if the product is right for them. Views expressed are not necessarily those of, and should not be attributed to, the Federal Reserve Bank of Minneapolis or Becoming Financial Federal Reserve Bank of Minneapolis. Materials are not to be used without consent. 4
5 Agenda Background and Goal of Webinar Overview of U.S. Credit Score The Power of a Good Credit Score Featured Applications Seven Credit Building Applications Questions Special thanks to intern Machaela Spear for her excellent research work Federal Reserve Bank of Minneapolis. Materials are not to be used without consent. 5
6 U.S. Credit Score Credit Score A number assigned to a person that indicates to lenders their capacity to repay a loan. -Oxford Dictionary Equifax TransUnion Experian 6
7 Components of a Credit Score Length of Credit History 15% What affects a credit score? New Credit 10% Types of Credit Held 10% Amount Owed 30% Payment History 35% What doesn t impact your score Race / ethnicity Religion Gender Marital status Location Net worth (assets) 7
8 What things lower a credit score? Letting an account go delinquent Making a late payment Maxing out a credit card Picking up a negative public record (foreclosure, bankruptcy, lien, wage garnishment) Becoming a victim of identify theft 2018 Federal Reserve Bank of Minneapolis. Materials are not to be used without consent. 8
9 Your Credit Can Get Checked When You Apply For Credit card -store credit cards and lines of credit New job Loans -auto, student, personal, business and home mortgage New apartment or other rental property Utility services / monthly bills -e.g., cell phone bill Auto insurance Opening a checking or savings account Armed services Assisted living facilities 9
10 Today s Featured Apps 10
11 Discover Credit Scorecard Free credit Snapshot available for anyone, even non-discover customers Easy first look at credit score Information on what is currently helping and hurting your score Discover.com/free-credit-score/ 11
12 Credit score estimation based on both TransUnion and Equifax reports Credit simulator Payoff calculators and personalized tips to improve your credit "Direct Dispute credit report disputing service 12
13 Cost & Fees: Completely free Will never ask for credit card information Risks: Sharing of personal information Requirements: Last four of SSN address for login Security: 128-bit encryption Won t sell your personal information to third parties Target Market: People looking for general credit help and education Anyone looking to improve or monitor their credit score Creditkarma.com 13
14 Free credit monitoring with alerts Credit score from TransUnion Loan and credit card recommendations $50,000 in identity theft insurance and fraud resolutions assistance 14
15 Cost &Fees: Completely free Will never ask for credit card information Requirements: Last four of SSN address for login Risks: Sharing of personal information Security: 128-bit SSL and 256-bit AES encryption Verisign, TRUSTe, and McAfee SECURE approved Target Market: Vulnerable adult looking for identity theft protection Anyone looking to improve or monitor their credit score CreditSesame.com 15
16 Free full credit report every three months from TransUnion and VantageScore Comparison of last four credit reports Score analysis and suggestions for improvement Credit timeline and trends to predict future credit scores 16
17 Cost &Fees: Free and paid versions available Will never ask for credit card information unless you sign up for pro version Requirements: Last four of SSN address for login Risks: Sharing of personal information Security: Norton Secure Certified Target Market: Soon-to-be first time home buyers Anyone looking to improve or monitor their credit score Quizzle.com 17
18 Debt advocate who will help restructure your debt Helps customize your payments to fit your budget Tools to help rebuild credit if you have missed past payments 18
19 Cost &Fees: Free quote Interest rates depend on individual applicants Requirements: Last four of SSN address for login General personal information Risks: Sharing of personal information Security: SSL secure connection technology Target Market: People looking to get out of debt or refinance Anyone looking to improve their credit LendStreet.com 19
20 Simple no-fee credit card Designed for people with subpar credit Reminders and automated payments Upfront interest rates in dollar values PetalCard.com 20
21 International credit data equivalent to U.S. bureau data Helps new Americans utilize their prior credit from outside of the U.S. FCRA and ECOA compliant NovaCredit.com 21
22 How do you correct an error in your credit report? Each of the credit bureaus websites documents the credit dispute process on their websites They may recommend that a person contact their creditors first to verify the accuracy of the information Do-it-yourself credit repair software can be purchased 2018 Federal Reserve Bank of Minneapolis. Materials are not to be used without consent. 22
23 APPENDIX More Apps to Help Build or Repair Credit 2018 Federal Reserve Bank of Minneapolis. Materials are not to be used without consent. 23
24 Budgeting tool that gives your money a job and breaks the paycheck to paycheck cycle New customers save on average $200 in the first month Free first 34-days, then $6.99/month; first year free for students YouNeedaBudget.com 24
25 Free bill tracker and manager Dashboard with all your bills in one place Due date reminders and optional automated bill pay setting PrismMoney.com 25
26 Simple debt organizer No personal identifiable information required Loan and debt education resources Free or pro version $1/month Debt-Payoff-Planner.com 26
27 Sets aside money when you can afford it and automatically pays your loans each month Notifications when EarnUp finds ways to save you money $9.95/month to add unlimited loans EarnUp.com 27
28 Questions 2018 Federal Reserve Bank of Minneapolis. Materials are not to be used without consent. 28
29 RESOURCES History of FICO and the FICO credit score: Myfico.com/consumer-division-of-fico.aspx What does and does not influence your credit score: Creditkarma.com/advice/i/learn-credit-score-factors/ Why good credit is important: Thebalance.com/reasons-why-good-credit-matters
GREENPATH FINANCIAL WELLNESS SERIES
GREENPATH FINANCIAL WELLNESS SERIES UNDERSTANDING YOUR CREDIT REPORT & SCORE Empowering people to lead financially healthy lives. TABLE OF CONTENTS Understanding credit reports...2 What s in a credit
Understanding Credit. What it is, why it s important, and how you can maintain it. Brought to you by Sallie Mae and FICO
Understanding Credit What it is, why it s important, and how you can maintain it Brought to you by Sallie Mae and FICO Introduction A student loan may be your first major credit experience. This is a good
ECONOMIC EDUCATION FOR CONSUMERS Chapter 10
WHAT S AHEAD 10.1 What Is Credit? 10.2 How to Qualify for Credit 10.3 Sources of Consumer Credit 10.4 Credit Rights and Responsibilities 10.5 Maintain a Good Credit Rating LESSON 10.1 What Is Credit? GOALS
Understanding. What you need to know about the most widely used credit scores
Understanding What you need to know about the most widely used credit scores 300 850 The score lenders use. FICO Scores are the most widely used credit scores according to a recent CEB TowerGroup analyst
TABLE OF CONTENTS. Healthier Black Elders Center
TABLE OF CONTENTS What is credit............................................1 The five C s of credit...................................... 2 Types of credit...........................................3
Avoiding Payday Loans Apps that Provide Alternatives to Payday Loans (and can help people avoid overdraft fees and late fees)
Avoiding Payday Loans Apps that Provide Alternatives to Payday Loans (and can help people avoid overdraft fees and late fees) Webinar of March 22, 2018 2018 Federal Reserve Bank of Minneapolis. Materials
Office of Student Financial Management
September 2015 Office of Student Financial Management Kasia Palm: Director of Student Financial Management What is Credit? - The ability to obtain goods/services before payment based on the trust that
Understanding Credit
Understanding Credit LAURA STEINBECK DIRECTOR OF BUSINESS DEVELOPMENT, SALLIE MAE 2018 MASFAP CONFERENCE Agenda 2 Credit Management Protect Yourself Understanding Credit Reports Summary: Financial Health
The ABCs of Credit Reporting. Lesson plan, participant materials and answer keys
The ABCs of Credit Reporting Lesson plan, participant materials and answer keys The ABCs of Credit Reporting Lesson plan, participant materials and answer keys This document is provided at no cost by Experian
Federal Reserve Bank of Philadelphia
Federal Reserve Bank of Philadelphia 1 When you apply for credit, whether it s a credit card, car loan, or a mortgage, lenders want to know whether you are likely to repay your loan and make the payments
Understanding Credit. Lisa Mitchell, Sallie Mae April 6, Champions of Financial Aid ILASFAA Conference
Understanding Credit Lisa Mitchell, Sallie Mae April 6, 2017 Credit Management Agenda Understanding Your Credit Report Summary: Financial Health Tips Credit Management Credit Basics Credit health plays
Your Credit. Objectives. An Introduction to Personal Credit. By the end of this presentation you will have a understanding of: 1/19/2016.
Your Credit An Introduction to Personal Credit Objectives By the end of this presentation you will have a understanding of: Credit Score Where can I find it? What is it? How do I get it? Advantages of
Credit Cards. Annual Percentage Rate - What you are paying each month -- unpaid balances calculated as a percentage.
Credit Cards Annual Fee - Amount you pay each year to have a credit card. Annual Percentage Rate - What you are paying each month -- unpaid balances calculated as a percentage. Balance - The total charges
UNDERSTANDING CREDIT. WASFAA Conference Seattle, WA Speakers: Thalassa Naylor, Sallie Mae Anthony Lombardi, Sallie Mae Date: April 10, 2017
UNDERSTANDING CREDIT WASFAA Conference Seattle, WA Speakers: Thalassa Naylor, Sallie Mae Anthony Lombardi, Sallie Mae Date: April 10, 2017 Agenda 2 Credit Management Protect Yourself Understanding Your
Understanding Credit Reports
Understanding Credit Reports Family Economics & Financial Education Take Charge of Your Finances Credit Report Detectives Meet Isabella, your new client: About to graduate from college In extreme debt
UNDERSTANDING YOUR CREDIT REPORT & YOUR CREDIT SCORE
UNDERSTANDING YOUR CREDIT REPORT & YOUR CREDIT SCORE Presented By: Tom Painter Chief Lending Officer WHAT IS A CREDIT SCORE? A credit score is a number that summarizes your credit risk, based on a snapshot
Understanding Your FICO Score. Understanding FICO Scores
Understanding Your FICO Score Understanding FICO Scores 2013 Fair Isaac Corporation. All rights reserved. 1 August 2013 Table of Contents Introduction to Credit Scoring 1 What s in Your Credit Reports
PRACTICAL MONEY GUIDES. Credit History. Your credit history and how it affects your future.
PRACTICAL MONEY GUIDES Credit History Your credit history and how it affects your future. Learn what a credit history is and how to make the most of yours. What Is a Credit History? To predict your financial
A Special Report by Laura Adams, author of Money Girl s Smart Moves to Grow Rich
3 Strategies to Build Credit FAST A Special Report by Laura Adams, author of Money Girl s Smart Moves to Grow Rich 3 Strategies to Build Credit Fast Copyright 2011 SmartMovesToGrowRich.com All rights reserved.
Money Management Curriculum
Money Management Module 4: Credit Reports & Credit Scores Money Management Curriculum Module 4: Credit Reports & Credit Scores Project Team: Ruby Ward, Professor, Utah State University Trent Teegerstrom,
Project Pro$per. Credit Reports and Credit Scores
Project Pro$per Presents Credit Reports and Credit Scores Participant Guide www.projectprosper.org www.facebook.com/projectprosper Based on Wells Fargo s Hands on Banking The Hands on Banking program is
UNDERSTANDING CREDIT. KASFAA Conference Manhattan, KS April 21, Robb Cummings Director of Business Development
UNDERSTANDING CREDIT KASFAA Conference Manhattan, KS April 21, 2016 Robb Cummings Director of Business Development FICO Score 2 A FICO Score is a three-digit number calculated from the credit information
Credit Education Program
Credit Education Program Course Objectives Identify ways to decrease spending and increase income Read and understand the purpose of your credit report Discuss common debt traps to avoid How lenders evaluate
Reviewing C YouR CRedit RepoRt
ChapteR 2 Reviewing C YouR CRedit RepoRt What do your creditors have to say about the way you handle money? Having a good credit score can help you turn your home-buying dream into a reality. There s much
Credit Reports 101. Bill Bufkins, November 3, 2011
Credit Reports 101 Bill Bufkins, November 3, 2011 What is a credit report? A credit report is a record of your past borrowing and repayment activity. The information in your credit report helps determine
Your Money, Your Goals Spotlight Series. Understanding credit reports and scores: An in-depth look
Your Money, Your Goals Spotlight Series Understanding credit reports and scores: An in-depth look DISCLAIMER This presentation is being made by a Consumer Financial Protection Bureau representative on
Volume 2 Your Credit Report and Your Rights
Volume 2 Your Credit Report and Your Rights Your Credit Report and Your Rights Take the first step in changing your financial future. Call InCharge Debt Solutions today at 1.877.544.7772 or visit www.incharge.org
Chapter 26 11/9/2017 1
Chapter 26 11/9/2017 1 Average college students has 3 credit cards Also between $1500 & $2000 in debt Things to know if you re getting a credit card Who accepts it? What amount can you charge to meet your
Your Ultimate Guide to DIY Credit Repair. January
Your Ultimate Guide to DIY Credit Repair January 2018 www.upturncredit.com Table of Contents Part 1 - Anatomy of a Credit Report Part 2 - Credit Scores vs Credit Reports Part 3 - Why Your Credit Report
c» BALANCE C:» Financially Empowering You The World of Credit Reports Podcast [Music plays] Nikki:
![c» BALANCE C:» Financially Empowering You The World of Credit Reports Podcast [Music plays] Nikki:](/thumbs/76/73531259.jpg "c» BALANCE C:» Financially Empowering You The World of Credit Reports Podcast [Music plays] Nikki:")
The World of Credit Reports Podcast [Music plays] Nikki: You re listening to world of credit. Hi, I m Nikki, your host for today s podcast. Credit reports and credit scores influence our lives in many
Understanding Your FICO Score
Understanding Your FICO Score Contents Your FICO Score A Vital Part of Your Credit Health............ 1 How FICO Scores Help You................ 2 Your Credit Report The Basis of Your FICO Score..............
Credit Reports and Scores
Credit Reports and Scores Advanced Level The Credit Process Credit goods, services, and/or money received in exchange for a promise to pay back a definite sum of money at a future date Borrower Someone
Credit and Debt.notebook August 28, 2014
Credit and Debt What does it mean to have credit? Credit means someone is willing to loan you money in exchange for your promise to repay it, usually with interest. Interest the amount of money you pay
Savings Apps. Apps that Can Help Build an Emergency Fund. Webinar of June 21, 2018
Savings Apps Apps that Can Help Build an Emergency Fund Webinar of June 21, 2018 2018 Federal Reserve Bank of Minneapolis. Materials are not to be used without consent. Who We Are Isaiah Goodman Owner
Does providing FICO Scores influence financial behavior?
Power of Our Past Force of Our Future Does providing FICO Scores influence financial behavior? October 2018 Jeff Johnston, MBA Sallie Mae Ohio Association of Student Financial Aid Administrators 50th Anniversary
Credit Score: What it Means to your Business
Score: What it Means to your Business Introduction Author Michael K. Swan, Washington State University Reviewers Gary Thome, Riverland Community College Peter Scheffert, Riverland Community College Along
FINANCIAL FITNESS EDUCATION
(Agency s Name & Logo) FINANCIAL FITNESS EDUCATION Sponsored by BETTER FORTUNES Control Your Money Control Your Life Knowing the difference can make all the difference Chapter One ECONOMIC WAY OF THINKING
Credit Reports & Credit Scores 101. Mary C. Hurlburt Certified Consumer Credit Counselor and Score Volunteer
Credit Reports & Credit Scores 101 Mary C. Hurlburt Certified Consumer Credit Counselor and Score Volunteer mary.hurlburt@scorevolunteer.org Mary Hurlburt Mary Hurlburt is the Financial Counseling and
Fact, Fiction & FICOs: Presented by: Vance Edwards, CMB Certified FICO Professional MGIC Marketing Program Director
Fact, Fiction & FICOs: Presented by: Vance Edwards, CMB Certified FICO Professional MGIC Marketing Program Director Agenda What makes up a credit score (and what doesn t) What causes that score to move
Quick Credit Repair Guide
1 Quick Credit Repair Guide Beacon score? You will most likely have heard of this bizarre term at some point during your home buying process and wondered what they meant and how they affect the mortgage
FICO Score Open Access Consumer Credit Education US Version. Frequently Asked Questions about FICO Scores
FICO Score Open Access Consumer Credit Education US Version Frequently Asked Questions about Scores 2012 Fair Isaac Corporation. All rights reserved. 1 January 01, 2012 Table of Contents About Scores...
Credit info changes likely to get Bush OK
NET GAIN Scoring points for your financial future AS SEEN IN USA TODAY NOVEMBER 24, 2003 Credit info changes likely to get Bush OK House, Senate approve revisions to reporting law By Thomas A. Fogarty
TABLE OF CONTENTS LEGAL CPN 2010 TELL ALL CREDIT SECRETS INTRODUCTION... 2
TABLE OF CONTENTS LEGAL CPN 2010 TELL ALL CREDIT SECRETS INTRODUCTION... 2 CHAPTER 1 Understanding Your Credit... 7 The five types of information found on your credit report How your credit report is calculated
Building a Better Financial Future CreditSmart Training for New Instructors SESSION #2 Building, Maintaining and Restoring Your Credit
Building a Better Financial Future CreditSmart Training for New Instructors SESSION #2 Building, Maintaining and Restoring Your Credit MARCH 15, 2017 Freddie Mac CreditSmart Freddie Mac strongly supports
HOW TO USE CREDIT. Latino Community Credit Union & the Latino Community Development Center.
HOW TO USE CREDIT Latino Community Credit Union & the Latino Community Development Center www.latinoccu.org Copyright 2016 Latino Community Credit Union Made possible by a generous contribution from the
February 2015 Wednesday Webinar ~ Credit Matters - Resources to Educate Students About Credit and Debt
February 2015 Wednesday Webinar ~ Credit Matters - Resources to Educate Students About Credit and Debt 1 Mike Fagone Jennifer Pincus Jessica Whittier Bernstein Shur US Dept. of Justice FAME 2 About CARE
Chapter 6 - Credit. Section 6.1
Chapter 6 - Credit Section 6.1 Credit is a medium of exchange which allows individuals to buy goods or services now and pay for them later The creditor supplies money, goods, or services in a credit agreement
Credit Reports and Scores
Credit Reports and Scores Advanced Level The Importance of a Credit History for Obtaining Credit Credit refers to borrowing. You have used credit if you receive money, goods, or services in exchange for
FICO Scores Decoded Discover How to Easily and Quickly Obtain Excellent FICO Credit Scores Regardless of Your Personal Credit Quality Now
Discover How to Easily and Quickly Obtain Excellent FICO Credit Scores Regardless of Your Personal Credit Quality Now Discover How to Easily and Quickly Obtain Excellent FICO Credit Scores Regardless of
A CONSUMER S GUIDE TO INSURANCE COMPANIES' USE OF CREDIT INFORMATION
A CONSUMER S GUIDE TO INSURANCE COMPANIES' USE OF CREDIT INFORMATION INSURANCE CREDIT SCORING IN NORTH CAROLINA Insurance companies licensed to sell private passenger automobile and residential property
ACF Administration for Children and Families
ACF Administration for Children and Families U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES Administration on Children, Youth and Families 1. Log No: ACYF-CB-PI-12-07 2. Issuance Date: May 8, 2012 3. Originating
Building a U.S. credit score
Building a U.S. credit score A strong credit history could help improve many aspects of your life in the U.S. Here s our guide for new-to-country residents. Together We Thrive When moving overseas, it
12 Steps to Improved Credit Steven K. Shapiro
12 Steps to Improved Credit Steven K. Shapiro 2009 2018 sks@skscci.com In my previous article, I wrote about becoming debt-free and buying everything with cash. Even while I was writing the article, I
Financial Fitness: MONEY Matters
Financial Fitness: MONEY Matters Financial Literacy and Education University of Colorado Denver Spring 2015 Presenter: M. Lesa Briggs After this presentation, you will be able to: Evaluate your student
Credit Building & Budgeting
Credit Building & Budgeting Tips, tools and information on credit and budgeting Presented by Mercy Credit Union Credit Building & Budgeting Learn what affects your credit and how to build and/or improve
2. To earn as much interest as possible, you should open a savings account that earns () interest Hide answers
1. Interest is? Hide answers A charge for lending money to a bank amount owed for borrowing money amount added into your savings when opening a n account a charge for accessing the money in your savings
Secrets to Success: Personal Finance Management
Secrets to Success: Personal Finance Management Harvard University Employees Credit Union (HUECU) A financial institution exclusively serving the Harvard University students, alumni, faculty, staff, and
Your Credit Score What It Means to You as a Prospective Home Buyer
Rachel Prevost Mortgage Loan Consultant L&G Mortgage Banc BK51263 Phone: (512) 924-3663 Fax: (480) 907-2839 rprevost@lgmortgagebanc.com www.lgmortgagebanc.com Your Credit Score What It Means to You as
Now, let me turn the program over to Jacqueline Cooke, Women s Bureau Regional Administrator in Boston, to introduce our first speaker. Jackie?
Wi$e Up Teleconference Call February 28, 2006 Becoming Credit Smart Speaker 1 Amy Perry Jane Walstedt: Now, let me turn the program over to Jacqueline Cooke, Women s Bureau Regional Administrator in Boston,
Understanding Vehicle Financing
Understanding Vehicle Financing Understanding Vehicle Financing With prices averaging more than $31,000 for a new vehicle and $17,000 for a used model from a dealership, you might consider financing or
CREDIT: HELPFUL OR HURTFUL? Ch 13 Section 1
CREDIT: HELPFUL OR HURTFUL? Ch 13 Section 1 DO NOW: T/F? 1. Using credit can lead to serious problems. 2. When you charge a purchase with a credit card, you can withhold payment if the product is defective.
CreditReport.LifeTips.com
CreditReport.LifeTips.com Category: About Credit Reports Subcategory: About Credit Reports Tip: About Credit Reports A credit report is a compilation of information that gives potential creditors a snapshot
Welcome. 1. Agenda. 2. Ground Rules. 3. Introductions. Charge It Right 2
Charge It Right Welcome 1. Agenda 2. Ground Rules 3. Introductions Charge It Right 2 Objectives Define credit Explain why credit is important Identify the factors creditors look for when making credit
Budgeting & Debt Basics
Budgeting & Debt Basics Why Have a Budget? Gain control over your finances Get the most out of your money Achieve your financial goals What is a Budget? A plan for saving and spending Allows you to choose
Product User Guide It s Your Credit. Keep It That Way with 5LINX Safe Score.
Product User Guide It s Your Credit. Keep It That Way with 5LINX Safe Score. Features & Benefits Identity Verification Credit Monitoring Score Simulator Full Access to Credit Reports Score Tracker Resource
CREDITSECURE TERMS AND CONDITIONS
CREDITSECURE TERMS AND CONDITIONS Last Modified: August 23, 2017 Valid after: November 2, 2017 These terms and conditions (the Terms ) govern the use of the CreditSecure product ( CreditSecure ) provided
DIVORCE AND YOUR C R E D I T
WHAT YOU NEED TO KNOW ABOUT DIVORCE AND YOUR C R E D I T DIVORCE MEDIATION CENTER RHODE ISLAND RHODE ISLAND 1296 Park Avenue, Cranston, RI 02910 401-228-8789 www.ridivorcemediationcenter.com The Truth
CREDIT SESSION OBJECTIVES SUBJECT INDEX
CREDIT SESSION OBJECTIVES In today s economy, it would be rare not to use credit to pay for large purchases, such as car repairs or any type of emergency situation. Credit can be an overwhelming topic,
2/10/2015 CREDIT FOR SUCCESS TODAY S NEW RISK FACTORS MOBILE BANKING. The new Consumer Financial Protection Act, the ATR Rule (Ability to Repay Rule)
CREDIT FOR SUCCESS TODAY S NEW RISK FACTORS Written and Presented by Serge Bevil, Credit Specialist VantagePoint Credit Corp. MOBILE BANKING We have become a social media society that wants information,
Your Money, Your Goals Spotlight Series. Dealing with debt: A closer look
Your Money, Your Goals Spotlight Series Dealing with debt: A closer look DISCLAIMER This presentation is being made by a Consumer Financial Protection Bureau representative on behalf of the Bureau. It
American Reporting Company. American Reporting Company
1 Becoming the Credit Concierge For your first-time homebuyers and members. Crystal Rustad 2 AGENDA Overcoming Member Confusion Preparing FTHB (Working With Millennials) Becoming the Credit Concierge 3
Focus on People with Disabilities
Focus on People with Disabilities A companion guide to Your Money, Your Goals 1 Disclaimer This presentation is being made by the Bureau of Financial Protection representative on behalf of the Bureau.
Your Credit Score 35% 10%
Your Credit Score A credit score is a complex mathematical model that evaluates many types of information in a credit file and displays the results as a number that reflects your credit risk level, typically
A Guide to Your Credit Report
Sample for demonstration purposes only. All data is fictitious. A Guide to Your Credit Report John Sample January 20, 2018 Please Note: This packet is provided as is and is meant to give insights into
NEW HOME BUYER Guide
NEW HOME BUYER Guide???? 1. INITIAL CONSULTATION 8. CLEAR TO CLOSE 9. NUMBERS REVIEW 2. PRE-APPROVAL 7. CLOSING PACKAGE 10. CLOSING DAY! 3. FINDING YOUR HOME 6. UNDERWRITING APPROVAL 4. APPRAISAL 5. PROCESSING
What You Can Do to Improve Your Credit, Now
What You Can Do to Improve Your Credit, Now Provided compliments of: 1 What You Can Do to Improve Your Credit, Now Steps to Raise Your Score Now we re going to focus on certain steps that you can take,
CONSUMER CREDIT STARTER GUIDE
Atlantic Bay Mortgage Group CONSUMER CREDIT STARTER GUIDE Atlantic Bay Mortgage Group s Consumer Guide To Credit Scores & Home Financing Atlantic Bay Mortgage Is A Mortgage Lender Where The Genuine Care
The Bubble, the Burst and Now What Happened to the Consumer? Joe Mellman Vice President, Financial Services TransUnion
The Bubble, the Burst and Now What Happened to the Consumer? Joe Mellman Vice President, Financial Services TransUnion How did the financial crisis affect consumers and how have they fared since? 1 2 3
MORTGAGE FUNDAMENTALS INTRODUCTION READ ME!
INTRODUCTION At Radian, we realize that more and more new people are excited to join the mortgage profession and many have little to no exposure to our industry. The Mortgage Fundamentals series is designed
Services & Features for Employee Benefit Members
Services & Features for Employee Benefit Members IDShield offers one of the most comprehensive products on the market for protecting and restoring your identity. The following is a list of IDShield s specific
Maximizing Purchasing Power: Make the Most of Your Credit Score
When life happens... Maximizing Purchasing Power: Make the Most of Your Credit Score Consolidated Credit Counseling Services, Inc. 5701 West Sunrise Boulevard Fort Lauderdale, FL 33313 1-800-210-3481 How
FICO Score Open Access Consumer Credit Education US Version. Frequently Asked Questions about the FICO Score
FICO Score Open Access Consumer Credit Education US Version Frequently Asked Questions about the FICO Score 2012 Fair Isaac Corporation. All rights reserved. 1 January 01, 2012 Table of Contents About
Smart Credit Strategies for Small Business Owners
Smart Credit Strategies for Small Business Owners Why Credit Matters When it comes to growing your business, strong credit scores can give you a significant advantage. Access to credit at good terms when
Your Guide To Better Credit
Your Guide To Better Credit INTRODUCTION Your go-to guide to better credit It seems like every other commercial on television touts some sort of offer around credit. You hear things like, Free credit report,
Welcome! Credit Scoring and Sub-Prime Lending
Welcome! Credit Scoring and Sub-Prime Lending What is Credit Scoring? It s the use of a statistical model to objectively evaluate all the credit information available in a single repository What is a repository?
First-time Homebuyer s Guide: Follow These Steps to Get Your First Mortgage
First-time Homebuyer s Guide: Follow These Steps to Get Your First Mortgage Buying your first home is both exhilarating and overwhelming. Stay on top of it all with this step-by-step guide on what to expect
Understanding Credit Reports and Scores and How to Improve It!
Understanding Credit Reports and Scores and How to Improve It! Ryan Chatterton, CCCC What Will We Cover? When we are finished, you will understand: Credit Reports and Credit Scores - What they are and
FTC Facts. For Consumers Federal Trade Commission. Credit Scoring Ever wonder how a creditor decides
FTC Facts For Consumers Federal Trade Commission For The Consumer May 2006 Credit Scoring www.ftc.gov 1-877-ftc-help Ever wonder how a creditor decides whether to grant you credit? For years, creditors
Written by Credit Doctor, author of Credit-Aid Software the Award-winning Credit Repair Software Kit. Table of Contents (Click to view)
Boost your FICO Score in 7 Easy Steps! Tricks of the trade the Pro s use to Boost your Credit Score FAST! These are the Credit Repair Secrets the banks don t want you to know Written by Credit Doctor,
Copyright Texas Education Agency, All rights reserved.
Copyright Texas Education Agency, 2012. These Materials are copyrighted and trademarked as the property of the Texas Education Agency (TEA) and may not be reproduced without the express written permission
How Students Use Credit and What You Need to Know. Deb Gossman College Ave Student Loans
How Students Use Credit and What You Need to Know Deb Gossman College Ave Student Loans 3-19-2019 Agenda Private credit within the student loan ecosystem & compared to other consumer assets Credit Reports
Allstate Foundation Purple Purse Moving Ahead Curriculum
Allstate Foundation Purple Purse Moving Ahead Curriculum A Financial Empowerment Resource MODULE 3 Mastering Credit Basics Reviewing, and Credit MODULE 3 Mastering Credit Basics T his module explains how
ACCREDITED FINANCIAL COUNSELOR REVIEW COURSE
ACCREDITED FINANCIAL COUNSELOR REVIEW COURSE Designed for Cities for Financial Empowerment Counselors Course Taught by: Dr. Mary Bell Carlson, Ph.D., AFC, CFP Unit 7 Study Guide Unit 7 Surviving Debt Chapter
Your Money, Your Goals too. Financial empowerment toolkit
Your Money, Your Goals too Financial empowerment toolkit DISCLAIMER This presentation is being made by a Consumer Financial Protection Bureau representative on behalf of the Bureau. It does not constitute
THINK AGAIN. THINK AGAIN. THINK AGAIN.
THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN. THINK AGAIN.THINK AGAIN. THINK AGAIN. THINK AGAIN.
Thank you for your interest in employment at METEC! Please observe the following steps when applying for employment:
Dear Potential METEC Employment Applicant: Thank you for your interest in employment at METEC! Please observe the following steps when applying for employment: 1. Read the Background Verification Disclosure
Build your credit score! Luke Erickson & Lyle Hansen University of Idaho Extension
Build your credit score! Luke Erickson & Lyle Hansen University of Idaho Extension Costs Two Parts Video/online tutorial Gameshow activity Video Online Module Online Module Online Module 0:0 Welcome
Improving Your Credit
Teacher Homebuyer Guide to: Improving Your Credit By John Godbey, Founder and Broker of Teacher Homebuyer Real Estate Introduction Thank you for signing up for our E-Guide "Improving Your Credit." We find
Justine PETERSEN Building Assets. Changing Lives. Credit Report Basics and Definitions Justine PETERSEN Credit Building Training
Justine PETERSEN Building Assets. Changing Lives Credit Report Basics and Definitions Justine PETERSEN Credit Building Training Included Topics Who reports to the credit bureaus Statute of Limitations
Loan Exit Counseling & Money Management. Wesleyan University May 2017
Loan Exit Counseling & Money Management Wesleyan University May 2017 Important Things to Know Understand your student loan portfolio Know what types of loans you have Know what your loan terms are: interest