Road to 850 credit score
The rules have changed in the credit and lending â€˜game.â€™ Learn how to get ahead and save thousands of dollars through the years.
Nationally known credit score expert Al Bingham is coming to Fort Huachuca to teach people how to raise their credit scores and save thousands of dollars in fees and interest. His goal is to teach specific strategies that will save service members, Families and civilians thousands of dollars annually.
A car insurance agent reported recently that the Fair, Isaac and Company, or FICO score, is used by Equifax, Experian and Trans Union to secure a credit score.
FICO is the second-highest factor in determining car insurance premium, behind whether the person has had a driving-under-the-influence conviction; speeding tickets and accidents may count less than the credit score toward the cost of insurance.
In the new credit world, making small changes can significantly alter a personâ€™s credit score. People who cancel a credit card, thus reducing credit available to them, see their score drop. And Bingham says even so-called experts donâ€™t necessarily understand the new rules. He helps write a section of an accreditation test for mortgage and lending staff. The pass rate on the credit section among those who work directly with consumers is in the low 30-percent range, he says. â€œWhat I realized is that loan officers and lenders donâ€™t always give advice you should follow. Itâ€™s very complex.â€ But if people knew how much extra they pay for things because of their credit scores, theyâ€™d be stunned, he adds.
All classes will be held July 25 at 10 a.m., 1 or 5 p.m. and July 26 at 10 a.m. at Murr Community Center.
For more information, contact ACS, 533.2330.
Resumix class slated
The Employment Readiness Program will run its next Resumix class Aug. 14, 8:30 a.m. at ACS. Attendees will learn about the new ArmyCivilianService.com website as well as changes to MSEPJobs.com, USAJobs.gov, cpol.com and Executive Order 13473. Come to ACS and see the job posting board and check out ACSâ€™s library of interview and job skills self-paced trainings.
Useful tools for special needs Families
The Department of Defense has two useful organizing tools for military Families with special needs: the Special Care Organizational Record for children with special health care needs and the SCOR for adults with special health care needs.
â€œThe SCORs are tools for caregivers, providing central repositories for recording and tracking information about their Family memberâ€™s ongoing support and health needs,â€ said Audrey Peterson-Hosto, Exceptional Family Member Program manager. â€œAlthough the focus for each SCOR differs, they share the same fundamental goal of making it easier to organize, track, and update information for special needs Family members.â€
For example, Families can use their SCOR to:
- track changes in medicines or treatments
- list telephone numbers for health care providers and community organizations
- prepare for appointments
- file information about health history
- share information with primary care doctors, school nurses, daycare staff and other caregivers
â€œEach SCOR is tailored to the unique needs of a special needs Family member,â€ explained Peterson-Hosto. â€œFor example, the SCOR for children includes sections for copies of a childâ€™s Individualized Family Service Plan or Individualized Education Program paperwork. The SCOR for adults has sections for documenting daily routines, vacation preferences, employment and vocational experiences.â€
Each tool was vetted by the Exceptional Family Member Program managers, medical and education professionals, and recognized disability expert, Dr. Ann Turnbull.
â€œMilitary families can order a hard copy of the SCOR for Children with Special Health Care Needs from MilitaryOneSource or by calling 1.800.342.9647,â€ said Peterson-Hosto. â€œThe hard copy of the SCOR for Children also comes with a CD that has the SCOR and the DoD Special Needs Parent Toolkit files included.â€
The SCOR for Children comes in a professionally designed binder that has pockets for business cards, receipts, and other important items.
For more details on the SCOR for Children or information about the Exceptional Family Member Program, contact Peterson-Hosto, 533.6871.