• Home
  • COMPASS
  • Guides
    • Buyers Guide
    • Sellers Guide
    • Renters Guide
  • Scholz Connect
  • WISE
  • Press
  • Charity
  • Blog
  • Contact Us
  • Home
  • COMPASS
  • Guides
    • Buyers Guide
    • Sellers Guide
    • Renters Guide
  • Scholz Connect
  • WISE
  • Press
  • Charity
  • Blog
  • Contact Us

The Scholz Team

914.837.9339

scholzteam@compass.com

FICO Scores Set to Improve

March 23, 2017  /  Sam Shoemaker

credit-report2.jpg

Changes Coming to Credit Reports

Credit reports and scores are set to get an increase as tax liens and civil judgments are taken off individual's credit reports.  Equifax, Experian, and TransUnion will remove tax-lien and civil judgment information starting July 1st.  The negative information will be removed from credit reports if it doesn't contain a complete set of at least three items: individual's name, address, social security number, or date of birth.  The change will apply to new and existing information on reports. This change is just one of the ways in which credit reporting agencies are attempting to make the reports more accurate and fair to consumers.  

For more information on these changes see the article below: 

http://finance.yahoo.com/news/credit-reports-exclude-certain-negative-223300291.html

0 Likes
tags / Fico, Credit, Real Estate
Newer  /  March 25, 2017
One World Trade Party Photos
Older March 14, 2017
One World Trade Center Sponsors