SEE FULL ARTICLE/VIDEO (COURTESY OF CNBC) The interest rates on federal student loans is going up. Although the Department of Education hasn’t formally announced the new rates, this year’s bump is likely to be higher than expected, said Mark Kantrowitz, a student loan expert. Here’s what borrowers should do if they are taking on debt […]
Who Are Credit Invisibles? According to the Consumer Financial Protection Bureau (CFPB), about one out of five adults in the United States are “credit invisible,” meaning they are unscoreable by traditional credit scoring methods and traditional credit data. The lack of a conventional credit record prevents these consumers from obtaining the financial products and services […]
Andy Sukhu, Founder/CEO of Y2K Credit Solutions, discusses what not to do when receiving your financial stimulus check (wasting it on unneeded luxuries, as an example), and how Y2K Credit Solutions can help you build a financial plan during these uncertain times. Have questions? Need an immediate financial plan? Let’s talk. Call (877) 552-1377 for […]
The billing cycle for a credit card or any type of monthly account is the period of time between billings. For example, a billing cycle may start on the 1st day of the month and end on the last day of the month. Or, it may go from the 15th of one month to the […]
Andy Sukhu (Founder/CEO, Y2K Credit Solutions) is baffled by how people are using their government stimulus check (which was designed to help people pay essential expenses) on unnecessary luxuries like televisions and video game consoles! Andy explains what you should and should NOT do with your stimulus check, and how this is a chance for […]
Y2K Credit Solutions Founder & CEO Andy Sukhu and Ryan Walsh (Y2K Credit Solutions In-House Attorney) give advice for realtors and what they could be doing during this Coronavirus lockdown period.
Y2K Credit Solutions Founder & CEO Andy Sukhu and Ryan Walsh (Y2K Credit Solutions in-house attorney) discuss the ways that realtors (and the real estate industry as a whole) are adjusting to keep business afloat during these turbulent times. Have any questions? Looking to get a real estate done during this pandemic? Have questions regarding […]
Should you delay payments during this current crisis? Y2K Credit Solutions Founder and CEO Andy Sukhu details how credit card companies are showing leniency during this pandemic by allowing for flexible payment terms – but should you take them up on it? Is it a good idea to defer payments (that some may mistake as […]
Why are credit scores different from Experian, Equifax, and Trans Union? Y2K Credit Solutions Founder and CEO Andy Sukhu explains why credit scores differ from the 3 major bureaus, and what each score means for your credit profile. Have questions? Need credit help? Let’s talk! Call Y2K Credit Solutions at (877) 552-1377 and ask for […]
FICO, the company behind the creation of the original FICO credit score and its many subsequent iterations, has announced the latest model in their line of credit scoring algorithms: the FICO Score 10 and the FICO Score 10 T. The “T” in the latter scoring model stands for “trended,” which reflects the incorporation of trended […]
