Podcasts about ultrafico

Have you heard of Ultra FICO? It's in a "pilot" phase right now but is taking an interesting twist to create a credit score for you if you have no credit or very little credit reflecting on your credit profile. With an estimated 53 million Americans that don't have enough credit established to generate an accurate credit score, this could benefit them. Are lenders accepting this Ultra FICO score? And what do you have to do to be part of it? Listen in as your Credit Coach, Credit Kristi shares some information about this program. 

FICO never seizes to impress us. Today, Merrill Chandler talks about some interesting tactics and strategies that are being used by one credit bureau and by FICO to create a more inclusive credit score. The question is does that make you more fundable? Merrill gets down on UltraFICO and Experian Boost, which is offered by […]

FICO never seizes to impress us. Today, Merrill Chandler talks about some interesting tactics and strategies that are being used by one credit bureau and by FICO to create a more inclusive credit score. The question is does that make you more fundable? Merrill gets down on UltraFICO and Experian Boost, which is offered by Experian but uses FICO. He also reveals what appears to be an awesome opportunity for one credit bureau. LOVE THE SHOW? Subscribe, rate, review, and share! Here’s How » JOIN THE ARE YOU F*ABLE? COMMUNITY TODAY: getfundable.com/podcast/ Funding Hackers Facebook Group

Ron Siegel discusses local and national current events, politics, personal and business finance with a few mortgage tips along the way. A Southern California mortgage expert and bonafide political junkie, Ron Siegel delivers intelligent, entertaining radio that makes the hard news of the week easy to understand!   Ron Siegel will discuss: Lost Social Security Card? Here's What to Do?; Experian Boost vs. UltraFICO. Which is Best for You?; Can a Debt Collector Collect After 10 Years?; Real Time Real Estate; Your Credit Matters; Mortgage Minute; Word on Wealth; and so much more. Ron Siegel, consumer advocate and mortgage lender, discusses anything that affects the roof over your head, your bank account or other items that will benefit you / your family. Reach Ron Siegel at  Ron Siegel: 800.306.1990www.RonSiegelRadio.comwww.SiegelLendingTeam.com your Yorba Linda Mortgage LenderMonthly Home Equity Monitor: www.SLTHomeDigest.com     Ron Siegel, Your Yorba Linda Mortgage Lender offers: Conventional Loans, FHA Loans, USDA Loans, Refinancing, and Reverse Mortgages #RonSiegelRadio #Mortgage #Housing #Realtor #RealEstate

Deep Dive into UltraFICO Greg Wright, Experian Nick Thomas, Finicity Kalpesh Kapadia, Deserve Moderator: Dave Shellenberger, FICO

UltraFICO, ExperianBoost, Pay my debt or collections first?

2018 wrap up and whats to look forward to in 2019

Do you want more control over your credit rating?  You can get it with an Ultra FICO score.  Steve Smith, the CEO of Finicity explains how people with lower credit scores or very little credit history can get a boost with this new system. And find out how you can decide whether the credit bureaus can have access to your information or not. You can follow this show on Twitter @MoneyMakingSens and on Facebook.  And to see what Heather does when she's not talking money, go to her personal Twitter page. Be sure to email Heather your questions and request topics you'd like her to cover here.

What to avoid when trying to obtain or maintain a good credit score. Collections: Pay or leave them alone?

There are changes coming to your credit in 2019. Find out what UltraFICO is and how it can affect you along with some of the positives and negatives about it. Thanks for listening! •To share your thoughts leave a comment at GodspeedDevelopment.com/47  

Recap of UltraFICO, Vets, Protect your credit from fraud etc. How to get money off collections.

How to market yourself and create a strong personal and professional brand with Tina Wells, CEO and founder of Buzz Marketing Group. In Mailbag, Kelly questions on using life insurance plans for college savings, trusts, and credit card balance transfers. Also, the UltraFICO and how it impacts you.

Today’s episode is all about credit and credit cards. FICO is releasing new criteria aimed at helping people with poor credit called “Ultra FICO.” Those who are unable to get a line of credit because of a weak traditional FICO score will benefit from this system if they have an average bank account balance of $400 and no overdrafts in the past three months. Then being that we just celebrated Veterans Day, the guys drop an interview they recently did at FinCon with Air Force Veteran, Jason Williams. Jason is the Director of Credit Card Product Management with USAA. In this interview they discuss how to find the best credit card for your needs, how balance transfers might become a thing of the past and how USAA has made it their mission to assist active military and veterans with their finances. Highlights: The “Ultra FICO” is a new way to score consumers on how they handle their bank account and cash transactions. It’s geared at customers who are turned down for credit based on their traditional FICO score. Ultra FICO places a heavier weight on your bank account balance, the amount of debit transactions you make and your overdraft history. Those with an average account balance of $400 and who haven’t had an overdraft in the last 3 months will be the beneficiaries of this new system. An argument against the Ultra FICO system is that its main purpose is to broaden the pool of people the lenders can extend credit to. Which will ultimately benefit the credit card companies because of interest and late fees. Building credit history for those who don’t have credit: Open up a secured card – You put down the deposit and that becomes the limit. Get a credit card and don’t purchase anything. Just make small auto payments. This will show the lender that you’re using and being responsible with the card. Pick a card for the right reasons. Most people focus on credit card rewards, not the fee’s associated with the card or the APR. As interest rates rise, zero percent balance transfers will become a thing of the past. If you’re able to find a cheap or free balance transfer, understand that balance transfers a short-term plan for trying to pay off debt. You must come up with a more comprehensive strategy. Opening a card while you’re in the military comes with certain protections. Taxes on income for active duty Military are typically much less then civilian taxes. It’s important to plan for this as your service is nearing it’s end. While you’re in the service it’s a good idea to invest in the TSP, Thrift Savings Plan. This will help supplement your pension or take the place of your pension if you’re discharged early. The Takeaway: Those with little to no credit history, but who are responsible with money, as reflected in their bank account balance could, be good candidates for the “Ultra FICO” system. However, be weary that the reason FICO developed this new system is to extend their reach of who they can loan money to and thus get them paying interest and fees. Paychecks & Balances Website: https://paychecksandbalances.com/ https://www.patreon.com/paybalances Instagram: @paybalances Facebook: https://www.facebook.com/paychecksandbalances Twitter: @paybalances USAA Website: https://www.usaa.com/         Paychecks & Balances – PB107   Today’s episode is all about credit and credit cards. FICO is releasing new criteria aimed at helping people with poor credit called “Ultra FICO.” Those who are unable to get a line of credit because of a weak traditional FICO score will benefit from this system if they have an average bank account balance of $400 and no overdrafts in the past three months. Then being that we just celebrated Veterans Day, the guys drop an interview they recently did at FinCon with Air Force Veteran, Jason Williams. Jason is the Director of Credit Card Product Management with USAA. In this interview they discuss how to find the best credit card for your needs, how balance transfers might become a thing of the past and how USAA has made it their mission to assist active military and veterans with their finances.   Highlights:   The “Ultra FICO” is a new way to score consumers on how they handle their bank account and cash transactions. It’s geared at customers who are turned down for credit based on their traditional FICO score. Ultra FICO places a heavier weight on your bank account balance, the amount of debit transactions you make and your overdraft history. Those with an average account balance of $400 and who haven’t had an overdraft in the last 3 months will be the beneficiaries of this new system. An argument against the Ultra FICO system is that its main purpose is to broaden the pool of people the lenders can extend credit to. Which will ultimately benefit the credit card companies because of interest and late fees. Building credit history for those who don’t have credit: Open up a secured card – You put down the deposit and that becomes the limit. Get a credit card and don’t purchase anything. Just make small auto payments. This will show the lender that you’re using and being responsible with the card. Pick a card for the right reasons. Most people focus on credit card rewards, not the fee’s associated with the card or the APR. As interest rates rise, zero percent balance transfers will become a thing of the past. If you’re able to find a cheap or free balance transfer, understand that balance transfers a short-term plan for trying to pay off debt. You must come up with a more comprehensive strategy. Opening a card while you’re in the military comes with certain protections. Taxes on income for active duty Military are typically much less then civilian taxes. It’s important to plan for this as your service is nearing it’s end. While you’re in the service it’s a good idea to invest in the TSP, Thrift Savings Plan. This will help supplement your pension or take the place of your pension if you’re discharged early.   The Takeaway: Those with little to no credit history, but who are responsible with money, as reflected in their bank account balance could, be good candidates for the “Ultra FICO” system. However, be weary that the reason FICO developed this new system is to extend their reach of who they can loan money to and thus get them paying interest and fees.   Paychecks & Balances   Website: https://paychecksandbalances.com/ https://www.patreon.com/paybalances Instagram: @paybalances Facebook: https://www.facebook.com/paychecksandbalances Twitter: @paybalances   USAA Website: https://www.usaa.com/                                                

UltraFICO scores are on the way. How will this change your ability to get credit, what are the risks, and is there a better option? Justin and Lance breakdown everything you should know.

We discuss the new FICO scoring model and how will it impact your credit scores

We discuss the new proposed FICO scoring system.

The Notes On this week’s edition of Rob Talks Money: Rob talks about mid-term elections and how they impact our economy. Also, details on a stupid Ultra-FICO score.    Sponsors This show is sponsored by AUDIBLE. Visit AudibleTrial.com/rtm for you free audio book and a 30-day trial. If you don’t like the service, keep the book on the house.   Music Music for the show has been authorized by TENTH AVENUE NORTH. One of the best bands in the game.   Socials Facebook | Twitter | Insta | Website | Business | Podcast Network   The Podcast Network Rob Talks Money is a featured show on The Infinity Podcast Network. Visit infinitypodcastnetwork.com for more details on how you can be involved!

UltraFico vs 70% of America is all about banking, banking history, and available checking account balance. Your average daily balance will play a factor also.

We stayed up late for you, our faithful listener...Malik is slaphappy, and Remy can't be bothered with his nonsensical gibberish. This week we dive deeper into the new Canadian marijuana laws, talk about racist robocalls (Remy does a horrible racist reading...) and we learn what ULTRA-FICO is. All this and more, so hop aboard the hate train!!

Another tragedy strikes the country as the Tree of Life Synagogue in Pittsburgh was attacked Saturday by a man who had been posting anti-Semitic statements on social media as recently as five minutes before he attacked. In all, 11 people are dead ranging from ages 54-97, several others including officers were injured. Megan Guza, reporter for the Pittsburgh Tribune Review, joins us for more details and community reaction. Next, after a week of being on edge with several pipe bombs traveling through the postal system targeting prominent Democrats, federal authorities arrested Cesar Sayoc as the pipe bomb suspect. A fervent supporter of President Trump, the FBI was able to track him down because of a fingerprint on one of the packages and DNA on two of the pipe bombs. Ginger Gibson, political reporter for Reuters, joins us for what to expect in the case against Cesar Sayoc. Finally, a big shift in credit score calculations is coming in early 2019. Get ready for the Ultra FICO score. Millions of Americans could see a possible 20 point boost in their credit scores. Some of the new factors that will be considered will be how consumers manage the cash in their checking accounts and savings. This is all an effort to boost the number of approvals for credit cards and personal loans. My producer Miranda joins us for the details on how you can increase your Ultra FICO score. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

The new credit scoring mechanism promises to make credit more widely available but it could lead to riskier forms of lending experts say. See acast.com/privacy for privacy and opt-out information.

Apparently this is a big deal, as the new UltraFICO score model will review your bank account to enhance the score. This seems interesting, take a listen and learn the details of this new potential system and what we think about it's impact in the current consumer finance space. Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found. Instagram: @TheExtraCreditShowFacebook: www.facebook.com/TheExtraCreditShow Web: www.TheExtraCreditShow.com Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY Contact: TheExtraCreditShow@gmail.com

What in the heck is a Ultra FICO score? Well get ready you will find out real soon in 2019!! FICO has determined that there are other ways to build your credit scores and using credit isn’t one of them. Shocked yet?? Take a listen and leave your feedback. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/shamikasaves/support

Fair Isaac Corporation, the creator of the FICO score will introduce the Ultra-FICO score early in 2019. It's designed to make it possible for millions of borrowers who marginally don't qualify for loans today to have access to credit. The idea is that it will make more credit available without increasing risk to lenders. Is this a good idea? Listen and find out.

FICO Plans Big Shift in Credit-Score Calculations, Potentially Boosting Millions of Borrowers Consumers with a low FICO could get a higher UltraFICO, a new score that factors in bank-account activity as well as loan payments In a move designed to boost approvals for credit cards, personal loans and other debt, Fair Isaac Corp. is launching a new type of credit score in 2019, the UltraFICO, which factors in bank balances as well as payment history. Credit scores for decades have …