financial foreclosure workshop
DESCRIPTION
All rights belong to The Vulcan Legal Group. We hope that you find this information useful.TRANSCRIPT
- 1. Introduction
Our Contact Information
Vulcan Legal Group
111 19th Street North
Birmingham, AL 35203
Phone: 205.202.5190
Fax: 1.877.383.6053
Email: [email protected]
Website: www.vulcanlegalgroup.com
2. Credit Scores
- ORIGINAL INTENT
Credit scores were originally designed as a tool to figure out
how likely a borrower was to repay a loan. Thats it. It is NOT
designed to paint a picture of your financial life (even though
thats what a lot of companies are doing now).
- Even though credit scores are the be all end all it is important to keep in mind that they are a relatively new tool. The FICO score wasnt created until 1988