So… how does credit reporting and scoring REALLY work? Credit Basics (Part 1 of 2)

So… how does credit reporting and scoring REALLY work – and what impact does it have on your ability to get the buyer’s loan approved?

Get the Answers from a Former Member of Experian’s Legal and Compliance Dept.

James Charlet is widely regarded as the number one expert available to the public regarding consumer credit reporting and scoring.  James was a member of the elite Experian legal and compliance team, CASS (Consumer Affairs Special Services).  CASS is an adjutant to the executive team that handles government compliance, lawsuits, and Attorney General Inquiries among other issues.   

Topics That Will be Covered

Credit Laws, Credit Scoring & Compliance, debunking the Myths and Misconceptions on how the whole system works, and upcoming changes that will affect credit scores

Judgments, bankruptcies, tax liens, collections, dispute codes, identity theft, balance to limit ratios, short sales

How desktop underwriter will be changing the way revolving credit is looked at