Posts by Rosa Mumm
Xpert Insights: Revolving utilization: Is 50% really the magic number?
Is 50% really the magic number for revolving utilization? In the latest Xpert Insights video, our product support manager Rosa Mumm reveals the best ways your clients can optimize revolving utilization for score improvement.
Read MoreXpert Insights: Score implications when paying off a charged-off account
How does paying off a charged-off account impact the credit score? It may be different than you think. Rosa Mumm, our product support manager, sets the record straight in the latest Xpert Insights video.
Read MoreXpert Insights: Do authorized user accounts impact the score differently?
Xpert Insights: If an account is in dispute, is it considered by the credit score?
Fact or myth? If an account is in dispute, it isn’t considered by the credit score. Our product support manager Rosa Mumm has the answer.
Read MoreCredit limits are decreasing. How can you help your client?
More and more, the industry has been seeing a decrease in credit limits. Historically, lenders have taken this action to reduce risk in times of economic uncertainty. In the last few months, some large credit card issuers have reported tightening credit lines to stem losses related to the coronavirus pandemic. As we described in a…
Read MoreXpert Insights: Can it help to report rental history to the credit bureaus?
Xpert Insights: Credit scorecards – What are they and why do they matter?
What is a credit scorecard? How does it affect your borrower’s credit score? Our product support manager Rosa Mumm answers these questions and more in her new “Xpert Insights” video.
Read MoreIs it true that mortgage lenders can’t report “lates” during the pandemic?
One of the most common questions we’ve heard from mortgage professionals is whether it’s true that lenders can’t report “lates” during the pandemic. The answer? No! The CARES Act governs how lenders report to the bureaus only in circumstances where they have reached an agreement with the borrower. In other words, if the borrower has…
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