Fair Isaac and Company (FICO) is an analytics software company that was founded in 1956 by an engineer named William R. Fair and a mathematician named Earl Judson Isaac. Their first credit scoring system was released in 1958, and in 1991, they released their FICO...
As a real estate investor, understanding and monitoring your credit score is crucial. After all, if you have a low credit score, you may have difficulty qualifying for an investment loan or securing a loan with favorable terms. However, things can get tricky once you...
Credit bureaus are credit reporting agencies that collect and provide credit information on individuals, businesses, and other entities. Equifax, Experian, and TransUnion are the three major credit bureaus in the United States. The credit bureau industry was created...
A rental property can be a fantastic investment–if everything goes your way. However, there are numerous expenses associated with running a rental property. As the landlord, you are responsible for these expenses, which can include paying for any maintenance or...
“Can you get it done?” The question a nervous borrower asks as they get closer to their closing deadline without a lender in tow. The problem is they had a lender yesterday but today the lender changed their mind. Oh, and it is only a week before closing. Sound...
