N scale model trains Loan Modification Lowers Your Fico Cred
- 14 years ago
http://www.mytrainsonline.com/
Perfect Payments - Low Credit Scores.
Yesterday I talked to a customer who had a 740 fico rating. I knew this customer because I had worked with her in the past. This woman was very meticulous and she worked hard to manage her debt and keep her rating high. I believe what happened to her could happen to many people who do not know how their fico scores are calculated. She attempted to reduce her debt and she applied for a loan modification. She contacted her lender, requested information and based upon a preliminary conversation the lender agreed that she could have her loan modified and save just under $100 per month. In an effort to reduce her total debt she also planned to pay off her revolving cards. So she closed all of her revolving accounts and began to pay down her debt. This all happened within a 30 day period. By the time she got her papers she read that her financial rating would be affected by the loan modification and decided not to do th
Perfect Payments - Low Credit Scores.
Yesterday I talked to a customer who had a 740 fico rating. I knew this customer because I had worked with her in the past. This woman was very meticulous and she worked hard to manage her debt and keep her rating high. I believe what happened to her could happen to many people who do not know how their fico scores are calculated. She attempted to reduce her debt and she applied for a loan modification. She contacted her lender, requested information and based upon a preliminary conversation the lender agreed that she could have her loan modified and save just under $100 per month. In an effort to reduce her total debt she also planned to pay off her revolving cards. So she closed all of her revolving accounts and began to pay down her debt. This all happened within a 30 day period. By the time she got her papers she read that her financial rating would be affected by the loan modification and decided not to do th