|
Debtor Education
Why does it matter if you have good credit?
Because the better your credit history and credit score, the
better your chances of obtaining a low-cost loan, insurance
policy, renting an apartment or qualifying for a job.
If you can improve your credit score just a little,
you may be able to qualify for a lower interest rate on a mortgage
or credit card which can save you thousands of dollars in interest
payments. The improvements can be made by making simple
corrections to incomplete or incorrect information in your credit
report. On the other hand, if your credit score is low, you may
be a higher credit risk and be subject to paying higher interest
rates, getting lower credit limits and being denied credit.
Unfortunately, many consumers do not understand why
their credit score and history is significant nor do they know the
simple things they can do to build and protect a solid financial
reputation.
What are the steps
to fully understand credit and how it affects you? The first step to
repairing your credit is to schedule an appointment with
Phil by calling him at 612.791.1766. Phil will take you through the processes that allow you to
repair your credit, budget and rebuild your credit. |
