CREDIT SOLUTIONS
Today, good credit is a necessity. A better credit score will entitle you to lower insurance rates for home and car insurance, automobile loans, credit cards and nearly all types of credit purchases, something a lot of people don’t know -- can even affect if you get a job!
Obtaining and maintaining a good credit score will not happen by itself. It requires constant vigilance and the ability to demonstrate financial maturity over a number of years to put yourself in the best position to convince lenders you’re a low-risk candidate when it comes to larger purchases such as buying a home.
For many consumers, the path to reaching a good credit score to buy a house can be a long and difficult process with periods of financial discipline and judicious use of credit can alternate with overdue payments and closed accounts.
Depending on your overall financial picture and the type of loan product you’re interested in, a good credit score may entitle you to the kind of attractive rates that make the dream of homeownership not just possible—but readily obtainable. A point and a half on the mortgage interest can allow you to buy a larger home with the same monthly payment or use less of your capital on down payment. The good news is that there is a mortgage loan available for nearly every buyer.
Check out a variety of blogs below and learn more about credit repair, solutions, and mortgages.
WHAT CREDIT SCORE IS NEEDED TO BUY A HOME
For many consumers, the path to reaching a good credit score to buy a house can be a long and difficult process with periods of financial discipline, and judicious use of credit can alternate with overdue payments and closed accounts.
HOW IS MY CREDIT
SCORE DETERMINED?
Each agency receives slightly different information from creditors and utilizes slightly different weighting factors or ranking of the information which results in each credit report being unique.
What Mortgages Are Available For Your Credit Score?
It’s important to remember that different mortgages require different minimum credit scores and finding out which ones you’re eligible for is part of the important first step in your journey toward homeownership.
Boost Your IncomE and
Pay Off Debt Faster
Getting into debt is easy but clawing your way back out can present a bigger challenge. There’s no such thing as a ‘magic bullet’ for eliminating credit cards or student loans. Some people may find ways to increase their income providing more money to put toward their debt. If increasing up your monthly cash flow could help you get pay off debt faster, here are a few things you can consider.
PROFESSIONAL CREDIT COACHING
There are a few things that you MUST do prior to disputing your credit report.
Charge offs and collections can easily ruin an otherwise stellar credit score.
By simply changing the date you pay your credit card statements you might be able to DRAMATICALLY increase your FICO score fast.
Increasing your credit score takes discipline, with these 4 credit score tips you can be well on your way to achieving an 800 credit score.
