Are you worried about your
credit history? Just about everyone has something in their past credit that is
less than perfect. The most important thing is to learn what is on your
report, determine what impact that information has on your credit rating, and
work on repairing and restoring any damage that may have been done.
Mortgage loan options are
rated by credit, labeled like school grades - "A" credit is the best, then
down to A-, B, C, etc. Even if you do not have an A credit rating, we can let
you know what your options are if you fall into an A- or lower category. The
rates are generally going to be higher, and may require a down payment. If you
determine that you are not satisfied with this type of financing, then
together we can map out what you need to do with your credit and finances for
the next six to twelve months in order to qualify for an A credit loan.
There are three main credit
bureaus that most creditors (such as credit card companies, banks, leasing
companies, etc) provide information to on a monthly basis. Each month, your
credit holders report information to the credit bureaus about your current
balance, minimum payment requirements, and credit history. If you need
specific information from one of the major credit bureaus, following is the
contact information for each of them:
Experian Information Service (XPN)
PO Box 2002
Allen, TX 75013
(888) 397-3742
TransUnion (TUC)
PO Box 1000
Chester, PA 79022
(800) 916-8800
Equifax Information Services (EFX)
PO Box 740243
Atlanta, GA 30374
(800) 685-1111
