FIND TERM: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- Early intervention
- Empirica score
- Employer inquiry
- Equal Credit Opportunity Act (ECOA)
- Equifax
- Equity
- Equity stripping
- Experian
- Experian/Fair Isaac Advanced Risk Score
- Experian/Fair Isaac Risk Score
Interesting Facts
Employer inquiries are recorded on credit bureau reports every time an employer checks the credit history of an applicant or existing employee. Such inquiries are considered soft inquiries and do not affect the credit score in any way.
Equity stripping strategies target consumers with frequent refinancing (flipping) with high fees charged each time the loan is refinanced. These fees are normally rolled into the new loans, leaving less equity remaining in the property.
Experian owns the freecreditreport.com service that is commonly confused for the Annual Credit Report Service that is only available at www.annualcreditreport.com.
