How Much Did My FICO Score Really Drop?….and More Importantly…What Can I Do About It?

Ever wonder how much damage can be done to your FICO

score when life happens and we have a late payment, or have

to use our credit card to pay the bills and it becomes maxed-out…

FICO doesn’t reveal much about how they actually calculate our

scores but they did just reveal this chart giving us some insight

In a perfect world of course we wouldn’t choose these incidents to occur,

But let’s be honest. 

Life happens to us, we make choices and sometimes it

can be detrimental to our FICO scores.   

But don’t worry, the good news is that….

Our scores can move up just as quickly,

and that’s the NEWS to focus on!

The best way to arm ourselves against a low FICO score is

through education.  

Don’t wait for a company to tell you what your score is.  

FIND OUT FOR YOURSELF

After you have pulled your report,  Now what?  

• Start to familiarize yourself with it. 
• Determine its accuracy about you and your credit history. 
• Is it correct? 
• Ask yourself, Have I had those accounts?, Was I really late?, Did I authorize that company to pull my credit report?,etc. 
• Am I happy with the results?

Anything on your credit report can be challenged…and

SHOULD if it’s not accurate.

Take advantage of this opportunity to change your FICO scores

for the better!

Challenging the items on your credit report can be overwhelming at first and

that is why it might be a good idea to let a Credit Expert guide you through

the process and explain how they can help.

They want to work on your behalf to help you improve your

interest rates, credit scores and overall, your life.

I know it’s a little dramatic of me to say that…but it’s true!  

If you use an expert to help you improve your credit picture and

you don’t think it changes your outlook and life a little,

please come back and tell me it didn’t.

Need a recommendation for a credit expert or

know someone who might?…I know a great one! 

Follow the Road To Good Credit Below

Best of luck on your credit journey!  Would love to hear about your experience with it.

Looking for financing for your new home or know someone who might?

Please APPLY today.

If you’ve enjoyed my “Rave” today about credit repair feel free to follow for more.

Property Spotlight of the Week: 16534 Barber Greene

Beautiful Country Setting, Minutes from Town, Completely Remodeled…. What else are you waiting for?

If this home is for You, or you Know Someone that would love it…

Please Tour 16534 Barber Greene Today!

To become pre approved for a home please APPLY today with me.

To read more of my “Rants and Raves” please Follow Me.

Property Spotlight of the Week: 183 McLaren Dr.

Did you know the best time to buy is around the Holidays? 

Especially since the tax credit has been extended/expanded and the

Seller of 183 McLaren is offering to pay the buyer’s closing costs.   

Interested?  Or Know someone who might?

Check out  183 McLaren today!

To become pre approved for a home please APPLY today with me.

To read more of my “Rants and Raves” please Follow Me.

Rest Easy….You Asked…They Answered! Tax Credit Extended Until April 30, 2010

Today the President signed the bill to extend the tax credit until April 30, 2010 and also opened up the tax credit to homebuyers who have lived in their home  for a consecutive 5 of the previous 8 years. 

The bill passed by the Senate on Wednesday, the House on Thursday and

President Obama made it official today.   

The NAR has issued a very helpful document that outlines the details of the current tax credit guidelines as well as the new rules and provisions.

Some Key Points to Highlight are:

• The official new expiration date is April 30, 2010.  
• In order to make this deadline buyers must have a written binding contract with an effective date of on or before April 30th, 2010.
• Tax Credit is now open to current home owners who have lived in their principal residence for  a consecutive 5 of the previous 8 years.
• Income limitations have increased.  Limits are now $125,000-Single and $225,000-Married. 

For a more complete set of features and provision details please visit  the National Association of Realtors.   For a list of FAQ about the tax credit extension from the NAR please READ  MORE  .

Remember, even though we have more time, now is not the time to wait until Spring!

Now is the time to set yourself up for an easy transition from apartment to home or home to home by…

…Preparing Today for what you’d like Tomorrow!

To start the home buying process please APPLY TODAY

 

If you’ve enjoyed what you have read and would like to hear more of my Rants and Raves please Follow Me Today

Property Spotlight of the Week

Property Spotlight of the Week : 1682 Overlook Gardens, Dixon IL

For more information please visit the properties website at

www.1682overlookdr.isnowforsale.com

Did You Know 100% Financing Still Exists?

USDA/Rural Development Loans

USDA loans are allowing homebuyers throughout the country the ability to purchase homes with little to no money down.

The best part is that you do not need to be a first time homebuyer to be eligible for this program.

There are however; 2 importants factors in order to qualify for this program.

 1: Where is the location of the property I’m interested in?  Is it located in a rural area as determined by USDA?

 2: Does our household income fit into the income limits as determined by USDA?

 To find out if your property is eligible for a USDA Loan CLICK HERE 

Done the Right Way, A Credit Line Can Improve Your Scores

DISCOVER  A POWERFUL CREDIT SECRET  TO BOOST YOUR SCORES

According to FICO, These Five Factors Control Your Score

• 35%  Payment History
• 30%  Amounts Owed vs Credit Available
• 15%  Length of Credit
• 10% New Credit
• 10% Types of Credit Used

The breakdown of factors are a guide to another approach that has helped many others improve their credit:

You can add new credit lines, with high limits and low balances, in effect reducing your total utilization of credit!! 

The percentage breakdown indicates that the sooner you add an account the faster your credit will see the impact!

• We can provide access to a merchant that sells ebooks and music that you can down load right onto your computer
• They also provide lines of credit to its customers to make it easy and convenient to purchase any time. 
• It’s simple, just use your new revolving line of credit to purchase the books and music that you want.

HOW DOES IT WORK AND WHAT DO I GET?

Simply decide to purchase $295 of products and apply for credit.

They even offer a payment plan. 

For example, pay $195 now and put the first $100 on your new credit line and make five easy $20 payments.

• No Interest
• No Membership Fees
• No Application Fees
• Yes, 100% of your purchase goes towards products you want!
• Yes, Your account and monthly payment history is reported to the bureaus   

Immediately after you have completed your application, you will be able to select and download all of your books and music right onto your computer.

If for any reason, the merchant is not able to grant your line of credit, your entire purchase amount will be refunded immediately.

PLUS-You can keep the selections you have downloaded as our gift.

THAT’S IT! It’s Just that SIMPLE!

Just to make sure this offer has been made clear, this retail charge account can only be used for products available on the merchant’s website.

The credit secrets discussed on this page are real. They are published facts from Fair Isaac, the company behind your credit score. 

Learn  more about Fair Isaac and Credit Scoring by visiting  their websites:www.myfico.com or on their corporate website:www.fairisaac.com. 

Additional information on credit and credit scoring is available from the Federal Trade Commission (FTC).

Everyone knows that many factors determine their credit score. 

It is important to note that the actual results will vary from individual to individual. 

It will probably take more then just obtaining one account from a merchant to raise your credit score as high as you might prefer or as high as possible. 

Remember, you have to start somewhere and this opportunity is a great place to start. 

The greatest benefit will come from

 1. Getting Started 2. Paying on Time 3. And Keeping your account open over time.

Get Started and Place Your Order Today.

Accounts are reported to the bureaus on the 1st of every month. It normally takes 10-15 days to post.    

Click Here to Apply for your Line of Credit

How To Enhance Your Listing’s Online Presence

Do you have a complete and professional property website for each of your listings?

If so, is it generating the leads that you were hoping for by offering the  following features?

• A complete professional property website
• “Texting for” property info with call capture capabilities
• Mobile phone website ZMLS.mobi included
• Complete dynamic virtual tour created
• Unlimited pictures, documents and medias
• A complete showings feedback system
• Quick and fast online printing of flyers
• One-Click classified postings to Craig’s List
• Feeds to popular classified real estate sites
• Easy to use online browser control panel
• High quality PVC sign riders in 5 color choices
• 24 hour access to all marketing information

Enhance your properties marketing efforts by signing up to use my free single property website marketing system to Sell More, List More, Earn More!     

Click here to learn more……  Click here to sign up today.

If you still have more questions or would like to schedule a time to take a more in-depth look at this system, please feel free to contact me today at 815-762-7027 or by email at canderson@ccmclending.com

Helping to Support the Women of Congo

I will be running the Sycamore Pumpkin 10k run, Sunday October 25th to raise awareness and money for the women of Congo and the life threatening struggles they face on a daily basis.

If you would like to help support these women please contact me at 815-762-7027  to learn more about it or visit the website www.runforcongowomen.org.

It is my goal as a loan officer that a portion of each funded loan will go to support this foundation and the woman of Congo.

I feel privileged and blessed to be a woman born in a country at a time where it allows and acknowledges that we have a voice.

My hope is to be a  part of the movement that gives support to the women of Congo.  These women need to know they can and should have a voice…… and they are not forgotten.

Please wish me luck on my run!, Christina

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