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Education & Training - North Shore Advisory, Inc Credit Education & Restoration
RECENT BLOG POSTS
The major banks have a vested interest in the future credit and fraud protection of millennials.  In October and November of 2015, FICO conducted a survey on roughly 1,000 US consumers over the age of 17.According to the survey, millennials are ramping up their efforts to reduce the risk of fraud...
06/06/2016
In February 2016, credit reporting agency, Experian, conducted a national survey concerning home-buying and credit. Despite a home-buying climate of low mortgage rates, many individuals are still concerned about their credit score and how it will affect their home buying ability over the next 12 ...
05/24/2016
As an individual, it is extremely important to understand credit scoring to help achieve financial success. Typically, it is difficult to attain a line of credit or a loan without establishing a robust credit profile first. Those with limited credit, who do gain approval for a credit card or loan...
04/28/2016
In 2009, the US government passed the CARD Act, stating a child must be over 21 or have a steady income before they can be considered for their own, personal credit card/line.  The CARD Act has helped prevent the frivolous use of credit by forcing young adults to wait until they are more responsi...
04/05/2016
Millenials are the largest portion of the US population and range between the ages of 19 and 34. From a psychographic perspective, millenials tend to look at the big picture and measure their success based on their ability to make meaningful decisions that will have a positive impact on the world...
03/28/2016
 Mortgage credit is the most difficult type of credit to qualify for; being approved for mortgage credit will increase a mortgagor's score much more than other loans. Once a borrower gets approved for a mortgage and their account ages, (about 6 months to a year on your credit profile) it can lead...
02/29/2016
For professionals that serve those purchasing real estate or seeking financing we know firsthand how confusing and frustrating credit and scoring can be. When advising and guiding individuals and businesses towards their goals many of us have heard these questions or something very similar,  "How...
01/21/2016
Much like personal credit reports there are three major credit bureaus that compile information on business entities.  These three major credit bureaus are completely separate and each provides business credit information for a fee.  They all have separate scores to help the viewer make a quick a...
01/11/2016
Recently I read an article about Christmas wishes that championed the free monthly offering of "FICO" scores by various credit card companies. The writer was excited that in 2015 "FICO" scores were being provided to credit card holders by most creditors. It seems as though the writer assumes that...
12/29/2015
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Tracy Becker

President North Shore Advisory, Inc
local_phone(914) 524-8300
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