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KellyVanguardNM
509 Posts |
 Posted - 08/29/2008 : 07:39:14 AM
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Does anyone have a good source for learning the in's and out's of interpreting a credit report? I have finally gotten a good hold on it, but I am looking for something that I could use in training for my LO's.
Thanks
Kelly |
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assassin17
4155 Posts |
Posted - 08/29/2008 : 1:34:50 PM
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| Interpreting how? Reading all the info or understanding the info? |
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erikwebster
4051 Posts |
Posted - 08/30/2008 : 08:58:46 AM
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| the problem is that various credit reports all read a bit differently. |
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KellyVanguardNM
509 Posts |
Posted - 08/30/2008 : 2:58:28 PM
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what I mean is being thorough, how to see problems, etc. Example: My LO brought me a credit report he was all excited about;670 credit, no derogatories, etc. But.. he did not scan the whole thing and see the numerous judgements and collections there were. He also did not notice duplicate accounts and such and so forth. I was just hoping someone knew of some on-line training for this. But I think I will hire the credit repair company to come in. Thanks for your help.
quote:
Originally posted by erikwebster
the problem is that various credit reports all read a bit differently.
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Nico
3056 Posts |
Posted - 08/30/2008 : 4:19:55 PM
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quote:
Originally posted by KellyVanguardNM
what I mean is being thorough, how to see problems, etc. Example: My LO brought me a credit report he was all excited about;670 credit, no derogatories, etc. But.. he did not scan the whole thing and see the numerous judgements and collections there were. He also did not notice duplicate accounts and such and so forth. I was just hoping someone knew of some on-line training for this. But I think I will hire the credit repair company to come in. Thanks for your help.
quote:
Originally posted by erikwebster
the problem is that various credit reports all read a bit differently.
that is basic loan origination 101 and should be available from your employer. no one should be able to call themselves a loan officer if they can't read a credit report. |
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KellyVanguardNM
509 Posts |
Posted - 08/31/2008 : 08:28:50 AM
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you are right... these are Jr. Lo's in training...quote:
Originally posted by Nico
quote:
Originally posted by KellyVanguardNM
what I mean is being thorough, how to see problems, etc. Example: My LO brought me a credit report he was all excited about;670 credit, no derogatories, etc. But.. he did not scan the whole thing and see the numerous judgements and collections there were. He also did not notice duplicate accounts and such and so forth. I was just hoping someone knew of some on-line training for this. But I think I will hire the credit repair company to come in. Thanks for your help.
quote:
Originally posted by erikwebster
the problem is that various credit reports all read a bit differently.
that is basic loan origination 101 and should be available from your employer. no one should be able to call themselves a loan officer if they can't read a credit report.
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Nico
3056 Posts |
Posted - 08/31/2008 : 08:52:12 AM
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quote:
Originally posted by KellyVanguardNM
you are right... these are Jr. Lo's in training...quote:
Originally posted by Nico
quote:
Originally posted by KellyVanguardNM
what I mean is being thorough, how to see problems, etc. Example: My LO brought me a credit report he was all excited about;670 credit, no derogatories, etc. But.. he did not scan the whole thing and see the numerous judgements and collections there were. He also did not notice duplicate accounts and such and so forth. I was just hoping someone knew of some on-line training for this. But I think I will hire the credit repair company to come in. Thanks for your help.
quote:
Originally posted by erikwebster
the problem is that various credit reports all read a bit differently.
that is basic loan origination 101 and should be available from your employer. no one should be able to call themselves a loan officer if they can't read a credit report.
so they need to be taught by the person training them. |
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SenseMakeDollars
126 Posts |
Posted - 08/31/2008 : 10:21:26 AM
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Not sure if this is what you need?...it does address all 3 bureaus
with fairly straight forward explanations.
http://www.accuratecredit.com/html/creditreporttutorial.html |
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KellyVanguardNM
509 Posts |
Posted - 09/01/2008 : 06:23:59 AM
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Thanks for this! This is very helpful.quote:
Originally posted by SenseMakeDollars
Not sure if this is what you need?...it does address all 3 bureaus
with fairly straight forward explanations.
http://www.accuratecredit.com/html/creditreporttutorial.html
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darkstar
18092 Posts |
Posted - 09/01/2008 : 06:30:45 AM
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>>>so they need to be taught by the person training them.
Xactly, this is way too basic to put in someone else's hands or any online tutorial...How long could it take if they have basic knowledge, minutes?... |
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ddsoffice
77 Posts |
Posted - 09/13/2008 : 02:59:05 AM
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Maybe someone here at Merchant's can help or have a referral:
http://www.mcbusa.com/
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hardwork
2 Posts |
Posted - 09/15/2008 : 9:41:07 PM
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| Check out shacklesoff.com they sell the Best!!! Credit repairing manuals on the market , and they also have an Audio book thats called " Financial Maintenance beyond credit repair " both the manual and the audio book are great tools to have to service loan officers clients.. Ive saved plenty of deals using there products. |
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bauvil2003
30 Posts |
Posted - 09/19/2008 : 7:53:01 PM
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quote:
Originally posted by SenseMakeDollars
Not sure if this is what you need?...it does address all 3 bureaus
with fairly straight forward explanations.
http://www.accuratecredit.com/html/creditreporttutorial.html
God Bless we have people like you to understand that what others called basic or jr may not be for others.You judge people in this area, found them stupid while others will judge you the same way.You pretend being professional, smart or know everything while you know nothing.You were the same when you started and for your 30 years of experience, you do not know to much while you are broke.
Help while you can and do not nothing when you can't. |
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aspiring1
1302 Posts |
Posted - 09/21/2008 : 10:51:19 AM
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quote:
Originally posted by bauvil2003
quote:
Originally posted by SenseMakeDollars
Not sure if this is what you need?...it does address all 3 bureaus
with fairly straight forward explanations.
http://www.accuratecredit.com/html/creditreporttutorial.html
God Bless we have people like you to understand that what others called basic or jr may not be for others.You judge people in this area, found them stupid while others will judge you the same way.You pretend being professional, smart or know everything while you know nothing.You were the same when you started and for your 30 years of experience, you do not know to much while you are broke.
Help while you can and do not nothing when you can't.
Who is your reply directed towards? |
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American Credit
529 Posts |
Posted - 09/24/2008 : 12:32:59 PM
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| We offer free credit education to our brokers that use us. We come in and do about an hour session breaking down every aspect of a credit report and credit reporting. |
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