Credit Reports have millions of errors

Credit Reports have millions of errors

 

The Real Estate News this week was Credit Reports have millions of errors. So a Federal Trade Commission study found that 42 million consumers have errors on their credit report. Not all of the errors were found to affect actual scores. However 13% of the study participants were found to have had their scores increase after the errors were corrected. The Consumer Data Industry Association extrapolated from the numbers that 98% accuracy is great. I guess those adversely affected don’t work for that association. Maybe they were denied the job due to the error. Ooops! Before you put that new kitchen in crunch the numbers on Zillows new renovation tool. Dubbed Zillow Digs the site will calculate an average cost for the remodeling based on the area you live in and then match you up with contractors in the area. With the return on average of 69% on a kitchen remodeling keeping the costs down are paramount. Its like match.com for kitchen and bath installers..

Today Vince and I are joined by Kevin Kennedy of ACT-PA . Advanced Conservation Technology is not just another company “going green”. Kevin and ACT have partnered with Penn State, Drexel, and Philadelphia University. Advanced Conservation Technology will supply high-performance construction products unlike any other—products which will enable structures to save money on energy costs, provide superior sound dampening, and exponentially reduce carbon footprints.

Please join us Sunday Morning at 5:30 on WPHT 1210 am for an honest assessment of the markets in your area.

Allied Mortgage Group
Branch Manager
Licensed in PA & NJ | NMLS #133257
225 E. City Avenue
Suite 102
Bala Cynwyd, PA 19004
215 740 8999
Schedule a Consultation

0 Comments

Leave a reply