Credit Tips

It is a pretty well established fact that today’s housing marketing is “unusual” to say the least! Home prices are escalating at a record pace, and even with this happening, they are selling fast and above list price because supply is low. (Remember that Econ 101 class where they talked about Supply and Demand?) As…

One of the most important things a teenager can do is learn how to use credit responsibly.  However, when you’re young and have never had any credit extended to you, it can be a bit difficult to get started.  For parents of teens, there are a few things that you can do to help your…

Sometimes it’s smart to ignore what other people do, and sometimes it’s smart to follow their lead. When it comes to money, wealthy people have usually figured out how to make it and how to save it.  So, there’s often some value in heeding their advice. Here’s what most wealthy people will tell you about…

We receive questions from people asking about loan forbearance and what they should do if they are unable to make their mortgage payments.  It has become increasing more common as a result of the economic downturn from the pandemic. Here’s a simple explanation… Forbearance is a postponement of your payments, typically due to a financial…

We talk a lot about people undergoing credit repair in order to boost their scores so they can buy a home.  Unfortunately, today’s market conditions have made it tough for some home buyers and many have decided to wait for a while before getting back into “home buying” mode. While this decision can understandably come…

Very commonly, people with “mediocre” credit scores will not think that they need credit repair because their scores are still high enough to allow them to qualify for home loans, car loans, credit cards, and department store cards.   By “mediocre” we mean average scores in the range of 670-720.  These certainly are not “bad” scores,…