What can I do to safeguard my credit since my ex was awarded the home in our divorce? I can understand why this is concerning you; a divorce is a stressful experience all by itself. That stress is compounded by the challenge of separating your finances and joint accounts—not to mention all the unknowns about […]
What can a Credit Damages Expert bring to a divorce case? Having the ability to quantify and put a dollar value on the impact to someone’s credit is essential. Being able to explain the methodologies and calculations in terms that would be easily understood is key. Here’s an example: If due to your ex-spouse harming […]
The financial impact to someone’s credit profile after it has been harmed.
The phrase trended credit data may not mean much to you now. But if you’re shopping for a home loan anytime soon, it will. Also referred to as historical, longitudinal or time-series data, it basically means that credit underwriters will be looking at a lot more information when they scrutinize your credit profile. Are you […]
Maybe you’ve been approached by a family member to co-sign on a loan. Should you do it? As general advice, the answer would be no—just don’t do it! Here’s something I’ve said many times as I counsel consumers or speak to groups: Think of your credit profile as analogous to your fingerprint. It’s unique to […]
Your Mortgage and Trended Data Credit Reports The phrase trended credit data may not mean much to you now. But if you’re shopping for a home loan anytime soon, it will. Also referred to as historical, longitudinal or time-series data, it basically means that credit underwriters will be looking at a lot more information when […]