It’s big bank. WFC), to name a few. In this week’s episode of Industry Focus: Financials, host Jason Moser and motley fool contributor matt frankel examine Citi’s report, then tell listeners what.
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“Over the last month, customers have been coming in with optimism that they didn’t have the last few years,” said Bingham. Braun thinks promised changes to the health care law will be one factor.
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-credit history and length (the longer you have used well-managed credit, the better)-recent credit application (several applications for new credit accounts can have a negative effect on your score)-different types of credit (having a mix of credit is a good thing)
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Mortgage balances, the largest component of household debt, increased again during the third quarter. Mortgage balances shown on consumer credit reports on September 30 stood at $8.74 trillion, an increase of $52 billion from the second quarter of 2017.
The New Ultra FICO Score Is Coming Early 2019 & It May Drop Your Score – Credit Monitoring Services – Duration: 10:24. 850 Club Credit Consultation, LLC 121,437 views
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There are several important changes to credit reporting and scoring coming in the next few months. The removal of some tax liens and judgments from credit reports is an important one that may increase some consumers’ credit scores. However, any score increase will likely be minimal and in rare cases your scores could drop.