Personal credit score

Fannie Mae is launching a pilot program to include on-time rent payments in credit reports.  Here's why it could be a game-changer for tenants.

Fannie Mae is launching a pilot program to include on-time rent payments in credit reports. Here’s why it could be a game-changer for tenants.

When tenants pay their rent on time, it does little to improve their credit rating, while landlords reap the benefits of better credit by making their mortgage payments. This unbalanced situation is beginning to evolve in favor of tenants. Fannie Mae FNMA, +0.47%, the government-backed mortgage giant, announced on Tuesday that it was launching a …

Fannie Mae is launching a pilot program to include on-time rent payments in credit reports. Here’s why it could be a game-changer for tenants. Read More »

Many people have credit problems.  How advisors can help you.

Many people have credit problems. How advisors can help you.

Elevate research shows that 15% of people with less than optimal credit scores earn an individual income of more than $100,000 per year. Additionally, new data from CreditCards.com shows that while credit card debt is most prevalent among the lowest income earners, 37% of those with a month-to-month balance earn at least $100,000 a year. …

Many people have credit problems. How advisors can help you. Read More »