11-7-24 How Credit Works

Credit Reports and Credit Scoring impacts everyone
This course will update new credit guidelines and clear up the confusion that has surrounded Credit Reports and Credit Scoring by outlining the important facts that you should know as an Agent.
Course Objectives:
-Understanding Credit Scoring
-The Three Major CRA’s Equifax, Experian and Trans
Union, their role in Credit Scoring and Reporting.
-Identify how to improve credit scores,
-Identifying Consumer Credit Tradeline.
-Trended Data – explain the concept of Trended Data
and its benefit
-Debunking myths regarding the Scoring Models.

Virginia Licensing Credit:
CE 2 Real Estate Related
PLE 2 Current Industry Issues

Instructor: Kelly Katalinas