Month: April 2008

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Month: April 2008

Credit Proofreading: Detecting Errors that Incorrectly Lower Credit Scores

by William DiPaolo

Why is credit proofreading needed? When borrowers apply for mortgage loans, their credit files contain three credit scores, calculated by the credit bureaus: Experian, TransUnion and Equifax. The data used to calculate these scores is collected, managed and reported independently by each of these bureaus. Over time, these files gather corrupt, erroneous, outdated and otherwise […]

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Avoid Credit Repair Firms

by William DiPaolo

The next time you think about paying a credit repair service take out a $20 bill from your wallet or purse and put it in an envelope addressed to your favorite charity. Then pull out another $20 bill and mail it to your second favorite charity. Grab 10 more envelopes, 10 more twenty dollar bills […]

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Why You Need A Mortgage Broker

by William DiPaolo

Initially this blog was intended for those who made a living originating mortgage loans. I’ve discovered however, that some readers are non-industry types, desiring simply to better understand the ins and outs of credit reports. Glad you’re here, and starting today I will included blogs about credit from the borrowers perspective. I am not a […]

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