Monday, December 10, 2018

Ch 6 - Credit Bureaus & Collection Practices - FA18

  1. Mario and Peach found just the right house. They signed a contract, subject only to being approved for financing. They’re debt free, have good jobs, and have a 20% down payment. When they applied for a 15-year fixed mortgage, they were rejected! The mortgage broker told them that their FICO scores were too low. They were astonished!! When they checked their credit bureau report, they found several glaring inaccuracies. What are the exact steps they need to take with this new information that there are inaccuracies on their credit bureau report? 



**Be VERY SPECIFIC in your advice relating it to Dave's specifics from Chapter 6.

**You must have at least 3 pieces of information from this chapter that connect directly to this case.

**REMEMBER: SPELLING, PUNCTUATION AND GRAMMAR COUNT!!

**You must have a minimum of 5 complete sentences.

**This blog is due Monday, December 17, 2018 at the BEGINNING OF YOUR CLASS PERIOD.