Stopping the Surge in Solicitations After Applying for a Loan

  Have you ever wondered why your phone starts incessantly ringing after you’ve applied for a mortgage loan? The answer lies in the world of credit bureaus, data sharing, and the evolving landscape of technology. We’ve teamed up with Mark Maimon (NMLS ID #3550), a seasoned mortgage loan officer with decades of experience, to shed […]

TransUnion Data Breach Latest Updates

T-Mobile Data Breach: 40M social security numbers exposed

Weeks ago another major credit bureau was hacked — TransUnion LLC reported a data breach with the Massachusetts Attorney General after information in the company’s possession was subject to unauthorized access.

So what really is bad credit?

What qualifies as bad credit? According to FICO, a score between 580 and 669 is fair, while a score between 300 and 579 is very poor. In this article, we’ll assume bad credit falls somewhere between 580 and 620, which is the lowest score you can have—while still getting approved for a mortgage. To show […]