Vincent Polisi

What You Need to Know about Credit Repair if You are Applying for a Mortgage!

Vincent Polisi — Wed, 13 Jan 2010 22:13:12 +0000

If you are looking to qualify for a mortgage, you may be attempting to repair your credit first. As underwriting guidelines continue to tighten, this is actually a really good idea. After all, just a few points can make all the difference between getting a yes and getting a no!

: Image by woodleywonderworks via Flickr

Because I work with rent to own clients on a daily basis, I routinely get asked by people who are undergoing credit restoration “What can keep me from qualifying for a mortgage in the next two years?”

In response, I have comprised my list of the Top 5 Things that will prevent you from getting a mortgage. [Read the full article about credit repair and mortgages.]

In other credit news, FICO 08, the new credit scoring model went into effect after a year in litigation in the summer of last year. As the year has come to an end, more and more lenders ar

e adopting this new formula for calculating credit scores. For those of you who haven’t read about it, here is more about FICO 08 and how it might impact your credit score:
New FICO credit scoring model may boost some borrowers’ scores …

Under the updated scoring model, called FICO 08, small, missed payments lingering in collections with original amounts of $100 or less will no longer do damage to your credit score. Consumers also are less likely to be penalized for any …

FICO 08 is here! The equation for consumer credit scores has …

Video Player: Credit Card Approved FICO 08 changes TheWho moved my credit? A message from NAMB Credit Scoring Committee …

The time frame for FICO 08 may be farther out than many people need if they are going for a house right now, so stick with what you learned before. The NAMB Credit Scoring Class is still one of the premier credit education sources for …

way consumer credit scores are calculated has changed. The Fair Isaac Corp. – creator of the FICO score – announced on January 29 that their new scoring model for determining credit …

FICO 08

FICO 08 was initially planned for roll-out at the latter part of 2008. Besieged with lawsuits between its creator, Fair Isaac, and the three largest credit bureaus, the kickoff for the much anticipated new system is now slated for early …

6 Ways Your Credit Score Changes Thursday – The Consumerist

A new system for determining your credit-worthiness, FICO ’08, rolls out this Thursday, and there’s nothing you can to do stop it. By these 6 changes, ye shall be judged: 1. Spouses and children can improve their credit score by being …

Can You Make Money With Real Estate in 2010?

Vincent Polisi — Wed, 30 Dec 2009 22:41:08 +0000

I have been a real estate investor of sorts for a while. I would be lying if I said that that last few years had not been difficult. So what’s in store for 2010? A lot of people believe that it will be a great year for people with cash and access to cash!

Vincent Polisi- WordPress.com Blog

Vincent Polisi — Tue, 03 Nov 2009 15:50:40 +0000

To show you how easy it is to get a website up and running so that you can begin driving traffic to it and start generating revenue, take a look at this blog. It literaly took me all of 5 minutes (if that), to get it up and running. Anyone can do it. There is no longer any excuse about not being experienced as a programmer. You simply have to have the desire and a little elbow grease. Marketing numerous products and services via the Internet is one of the only ways to generate multiple streams of income easily so that you can literally make money while you sleep. How sweet is that?

Of course, it does take some work. This is not a get rich quick scheme. But, if you are looking to improve the quality of your life, you really need to explore how to create multiple streams of Internet income. You can view other examples at:

http://www.vincentpolisi.com

http://www.vincentpolisi.blogger.com

Hello world!

Vincent Polisi — Tue, 03 Nov 2009 15:42:35 +0000

Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!