credit score / 9 posts found
What Is A Good Credit Score- 4 Tips to Determine A Good Credit Score
In this video I provide 4 tips to help you determine What Is A Good Credit score. Tip#1 Know what you are looking to obtain the credit for. If you are a first time home buyer the minimum score to have to purchase a home is 620. Between 620 and 640 allows you to obtain small lines of credit under 3,000 dollars. A score of 580-620 gets you into a car in a number of cases. So again know what you are looking to obtain the credit for is tip#1 Tip#2 Know the scoring model used by the creditors you […]
Improving Your Credit Report
In this video I provide Three simple ways in improving your credit report and credit score. Number 1: Pull your credit report from annualcreditreport.com. Get all 3 credit reports from there and you can see if any errors and things you can dispute Number 2: Get a family member or close friend sign you as a authorized user on one of their credit accounts. If they have good credit you can benefit from their good standing and essentially improve your credit standing. Number 3: Obtain a secured account from a local bank or Capital One and or Discover. Your […]
Myths about Your Credit Report
In this video I debunk 3 Myths about your credit report. Myth #1 Someone can take something off your credit report. Myth #2 Having no credit or 0 balance on all your credit cards is a good thing. Myth #3 Once your credit report is in a negative standing there is nothing you can do about it. These myths need to be debunked and this video explains why.
Updates about Credit Karma
In this video gives you 2 updates about Credit Karma Credit Karma now provides the Experian Credit Report. As you may know Experian utilizes the Fico score. However its important to note Credit Karma does not provide your Fico Score even though they provide the Experian and Transunion reports. Secondly you need to be mindful of the dates for Experian and Transunion reports when the alarms go off about a negative action. I have found in a number of occasions as a credit counselor clients who called in about debts seen on Credit Karma that were over 7 years old. In most […]
Why A Debt Settlement Is A Bad Choice
In this video I give you 4 reasons to avoid Debt Settlement and Credit Card Settlement.. #1 A Debt Settlement ruins Your Credit Report # 2 If you settle on debt they will send you a 1099 for the difference. # 3 Credit Runs the world this is a fact. So when obtaining a debt settlement it paints a negative picture in the mind of the creditors you want to do business with. A debt settlement will also definitely hamper your chances for obtaining more credit in the future. #4 The debts you settle on could be sold and then […]