Utah Housing Corporation was created as a public corporation by State legislation in 1975 to raise funds to assist in the creation of affordable housing opportunities for lower-income Utah households. For the 2nd year in a row, they have selected Axiom Financial for the Excellence in Lending Award.
Each year, you are entitled to a free copy of your credit report (not including your credit score) from each of the credit bureaus. It does not require a membership for a credit-monitoring service or any form of payment to receive this report. One must simply go to www.annualcreditreport.com and answer some identification questions to access the report. There will be offers for credit monitoring and a credit score, from each of the bureaus, but these purchases are not necessary to obtain the report.
If a company takes adverse action against you, involving credit, such as refusing to provide a loan that was applied for, you can also obtain a free report. The notice of credit denial, by law, should include the information you need to obtain that extra credit report. You can also obtain a free report if you are unemployed and looking for work, on welfare, or have been the victim of identity fraud. Continue reading “The Facts about “Credit Repair”” »
The Federal Trade Commission warns consumers of the many “credit repair” scams being offered across the country by way of internet advertising, postcards, newspaper inserts, flyers, and even radio ads. Because of the pervasiveness of these many fraudulent companies, the Credit Repair Organizations Act was recently signed into law to protect consumers.
Some so-called credit repair organizations have a product to sell, a service in which they help a consumer identify and dispute false information on a credit report. However, this is something that any individual can do for himself or herself without cost. That being said, some may prefer the convenience of working with a third party to help get it done.
If you are considering working with a credit repair company, make sure that you understand your rights under the Credit Repair Organizations Act. You are, first of all, entitled to receive a copy of the “Consumer Credit File Rights under State and Federal Law” before you sign any contract. Continue reading “The Credit Repair Organizations Act” »
Driving down the road, an ad on the radio lets you know that you don’t have to live with bad credit. The ad states, “We can remove bankruptcies, judgments, liens, and bad loans from your credit file forever!” The announcer says you can erase your bad credit information, or that you can create a new credit identity, “legally.”
Most often, these advertisements are related to some sort of scam, according to the Federal Trade Commission (FTC). The FTC states that consumers should protect themselves from such fraudulent companies and take advantage of the annual free credit report to monitor and manage their own credit reports. Continue reading “How to Recognize a Credit Repair Scam” »
Despite many advertised claims that negative items, like liens and bankruptcies, can be erased from your credit, the only way to “repair” your credit is to eliminate false or fraudulent items on your credit. If you have accurate negative information on your credit report, only time and good payment practices will erase it.
When you review your credit report, which can be obtained once without cost from each of the credit bureaus annually, check for any inaccuracies. If you find something amiss, you can dispute it for free. Each company has a procedure for writing a letter and mailing it in to dispute a credit item. Continue reading “Do-It-Yourself Credit Repair” »
SALT LAKE CITY (Dec. 15, 2011) — Axiom Financial, a local full-service mortgage company, has been named one of Utah’s Best Companies to Work For in 2011 by Utah Business Magazine. Utah Business Magazine, along with sponsors Durham Jones & Pinegar and Mindshare, are recognizing 25 companies for the award this year. http://www.utahbusiness.com/issues/articles/11804/2011/12/best_companies_to_work_for
“It is our mission to create an unparalleled workplace with the best people, and truly make a difference in the lives of our team members,” Axiom president and CEO Melissa Wright said. “My leadership team and I work hard to create an environment that supports our employees in exceeding their goals and leading extraordinary lives. I can’t think of a better recognition than Best Companies to Work For, we are thrilled to be recognized.” Continue reading “Best Companies to Work For” »
Our mission is to make a difference in the lives of our community and our employees. ”Axiom is a benefactor of all sorts of causes, including Primary Children’s Medical Center, the Coldwell Banker Foundation, the Utah Food Bank, the Road Home Shelter, the Ronald McDonald House and the Juvenile Diabetes Research Foundation.” The Deseret News recognized Axiom for being a company that gives back in this recent article. This Holiday season we hope you will join us in giving back to the community and those in need.
Utah Housing Award
The Facts about “Credit Repair”
The Credit Repair Organizations Act
How to Recognize a Credit Repair Scam
Do-It-Yourself Credit Repair© 2012 Axiom Financial, LLC. All rights reserved. NMLS #4642.
