Don’t be surprised if the person you are dealing with isn’t very good at their job / you can’t buy a straight answer from anyone when it comes to credit, credit scores, debt settlement, collections, credit reporting.
I feel like starting this article out like this is some joke, but it’s not. A teacher, firefighter, police officer, and a farmer pick up the phone looking for straight answers about their credit so they can buy a house. There are no straight answers to be found. They...read more
I love teaching this class. It is not lost on me that some in my class wish they were anywhere but sitting in my class listening to me geek out on student loan rehab. But there are some who want to be there. The folks in my class ask really good questions and some are...read more
Credit Master’s Tip #4 I teach credit, credit scoring, credit recovery, debt settlement, credit management, advanced consumer finance, and small business banking. I have for years. I teach classes on those topics for the Tennessee Department of Corrections, Battered...read more
Credit Master’s Tip #3 – Stop getting high-interest loans for building credit’s sake, or for any reason as far as that goes.
Credit Master’s Tip #3 – Stop getting high-interest loans for building credit’s sake, or for any reason as far as that goes. There are way better and way cheaper score building loans that are easy to get. Your credit score gets dinged for having consumer finance...read more
You need three pieces of open credit for FHA, VA or USDA Rural Housing mortgages. Build the perfect credit profile and pay less than $5 per month in interest and have local customer service. It’s not a debt derby. Get local, score building credit. It is not hard. If...read more
Credit repair is a terrible idea and junk score sites are intentionally misleading. Get a credit education that doesn’t have an agenda attached to it.
My new client’s son was shot and killed three weeks ago. His son died in the bad neighborhood he has been trying to get out of for the last several years. He has spent thousands on credit repair’s promises. My new friend didn’t know that paying someone to write...read more
Tip #1 Get good credit first. Good credit adds points bad credit takes points. Your credit profile adds points and takes points in the same motion. Create a credit profile that adds more points than points are being taken away. Then start attacking your collections...read more
What passes for credit education online is pathetic. Almost all of it is leading you into decision making that is way better for them than it is for you. There is just enough truth sprinkled in to make it believable. The bottom line is, making your credit scores rise...read more
One family with two cars. Current middle scores are 560 and 575. They have excellent job history and $78,000 per year combined household income. Victory over cancer left them with 14 unpaid collections totaling almost $7,500. I am almost positive that nine will...read more
My new friend went to the mortgage shopping website. Not knowing the process he used his wife’s credit, and his income because his income was good, but his credit was not. That resulted in false confidence and an offer on a house that was left unfulfilled. It was...read more