If you have received a check from the government as part of the most recent pandemic stimulus legislation, but are fortunate enough not to need the entirety of that payment for rent or other bills, you may want to consider investing all or part of that payment in improving your credit. A higher credit score […]
About Charlie Scanlon
Charlie Scanlon is a financial behaviorist, attorney, public speaker, author, consumer credit expert, and student loan debt management consultant. He frequently writes on the subjects of consumer credit and student loan debt management along with the laws that govern those fields.
Charlie regularly provides expert commentary on issues of consumer credit and student loan management and has appeared on CBS television, NBC television, CBS radio, and FOX radio. He has also been a regular contributor to the Huffington Post on credit and mortgage-related issues and has provided expert commentary to other business and mortgage publications, including Fox Business News, Newsday, Best Company and Housing Wire magazine.
Charlie also utilizes his professional and legal experience to offer testimony as an expert witness in consumer credit-related litigation matters, including violations of the FDCPA, FCRA, and FACTA.
Entries by Charlie Scanlon
Recently, our President, Charlie Scanlon was asked to comment on the numbers and types of “balance transfer” cards that are currently being offered to consumers by credit card issuers. These cards, generally, require that your scores be good or excellent. They can be a very helpful tool for paying off debt. Call us if your […]
So, you have been following our advice and taking a look at your credit report once a month? Good job, you’re to be commended! You may have noticed that there are accounts on your reports that are negatively impacting your scores. How long can those negative items stay on your report and cause you angst? […]
Are you going through a dissolution of your marriage and thinking about refinancing the marital home into your name only? There is a lot to think about when making this decision. Can you afford the mortgage payment, real estate taxes and maintenance on just one salary? Did you know that there are special considerations given […]
If you’re planning to buy a new house in 2021, the most important thing that you can do to prepare for that process is to check your credit reports from all three national credit bureaus. (Transunion, Equifax and Experian) The simplest (and cheapest) way to obtain a recent copy of those reports from all […]
A study published in The Journal of Behavioral Science in 2008 took a look at the effect of an individual’s personality on their credit rating. Vanessa Gail Perry (2008) Giving Credit Where Credit is Due: The Psychology of Credit Ratings, Journal of Behavioral Finance, 9:1, 15-21, DOI: 10.1080/15427560801896784. The study found that one of the key factors in having a good credit […]
Our President was happy to share his expertise about the “credit history” component of credit scores for this article. Feel free to get in touch if you have any questions about credit scores or “mortgage ready credit.” (314) 429-2040. Best Company Magazine: “Will My Credit Score Be Negatively Impacted If I Apply For A Personal […]
It may have escaped your attention while you were working from home as a result of the corona virus pandemic, but FICO released its newest credit scoring models in recent months. FICO (Fair Isaac Corporation) is the producer of the most commonly used credit scoring algorithms. Some version of a FICO score is used in […]
Is there a credit card in your wallet that you haven’t used in years? Have you wondered about whether you should “just cancel it” and make more room for your other cards? Will getting rid of the card impact your credit scores? Probably so. Closing an old credit card account can impact your credit scores […]