What are Credit Bureaus?
It won’t take long to hear about credit bureaus when you’re learning about your credit score. They’re the agencies that compute scores based on internal criteria and data they receive from third parties. There are three primary bureaus, Trans Union, Equifax, and Experian. Each of these companies keeps a running tab on consumer’s scores and… Read More »
Colorado Credit Repair Services
Synergy Credit Pros is here to help you improve your credit. Your financial standing or credit history does not matter. We can help you get your credit score to where it needs to be. We know that many people have been a victim of credit fraud. They may have inaccurate information on their credit report…. Read More »
Common Mortgage Myths That You Need to Be Aware Of
Getting a mortgage can be an overwhelming process filled with confusing terms, misconceptions, and hard-to-understand loan options. It isn’t just first-time buyers who can feel they are in over their heads; buyers on their second or third home purchase may also fall for common mortgage myths that can end up costing thousands over the life… Read More »
How Do You Build Credit Without a Credit Card?
Building your credit up and working towards a great credit score is highly advisable if you want to have a secure financial future. Having access to lower interest rates and better mortgage or loan offers is extremely helpful while navigating life. If you want to build your credit score but you do not currently have… Read More »
What are the Best Ways to Build Credit in 2019?
Credit is important for everyone. A person’s credit can affect many different aspects of their life, so they may look for ways to help build their credit. Fortunately, there are many ways that they can build credit. This article will discuss some of the best ways to build credit in 2019. Understand Your Current Financial… Read More »
What is the Difference Between Good Debt and Bad Debt?
Debt to many Americans is a way of life. There are plenty of people with opinions about debt on whether you should have it or not. The important thing to understand is yourself and how much you can earn every year. What are your career and life aspirations? Not only is it important to know… Read More »
Why is Your Credit Score So Important When Looking for a Mortgage?
When it comes to lending something that is personal, it is reasonable for any individual to be suspicious and careful. Not only is this the case when a middle class man has to lend a friend his precious new car, but also when banks give customers their appealing mortgage options. So the question is, how… Read More »
Credit Karma Score vs. Mortgage Credit Score
We get this question asked all the time. A lot of consumers are utilizing Credit Karma and assuming that the score they get from them is their universal credit score for homes, cars, and credit cards. Once they find their true mortgage credit score, they are appalled and assume that Credit Karma has different information… Read More »
What’s the deal with new UltraFICO™
Many have asked us about the new UltraFICO™ algorithm that allows for you to connect your bank account to Experian so they can increase credit scores based off of account balances and payments to utilities, cell phones, and rent. Experian is offering this as a free service, which is our first warning sign. The credit… Read More »
Paying Off a Charged Credit Card
Why is it that paying off a charged off credit card that is held by the original creditor the only collection that will boost your credit score? The reason is because a charged off credit card is impacting two sections of the client’s credit score where all other collections are impacting only the payment history… Read More »