Today Jason talks about the FICO versus the VantageScore system and how we can use credit to our advantage and how we can improve our correct score! So many factors play into these but it is imperative you have a basic understanding of these 2 systems; especially when dealing with your mortgages.
Key Takeaways:
0:00 Introduction
0:21 Six (6) things government can do to get us out of massive debt
4:31 FICO and VantageScore
11:35 The Vantage Scoring system
12:21 Comparing the FICO and Vantagescore systems
14:28 The game of business
15:39 Vantage score model 3.0 and how we can correct credit scoring
17:30 FICO 9 and 10
18:00 Weighing late payments
18:22 Allows just 14 days for rate shopping for a car or mortgage
19:21 It makes allowances for consumers affected by natural disasters
20:16 Vantagescore credit scoring factors
21:27 Some news about our cruise! Book your tickets today at EmpoweredInvestor.com/cruise
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