Debt Consolidation

If you own a home you can get a debt consolidation home equity loan.  You can consolidate each of your high interest credit cards as well as your consumer loans with one inexpensive and affordable monthly payment with loan interest.

TOP 10 TIPS ON HOW TO IMPROVE YOUR CREDIT SCORE

            1). Pay your bills on time
            2).  Get up to date on missed payments
            3).  Contact creditors or see credit counselor
            4).  Keep credit card balances low
            5).  Eliminate debt
            6).  Don’t close unused credit cards
            7).  Don’t open more credit card accounts than needed
            8).  Don’t open too many new accounts too quickly
            9).  Act quickly to re-establish good credit
            10).  Its ok to check your own credit

Q).  Why do credit scores matter?
A).  They have a direct impact on your chances of qualifying when you apply for a mortgage.

Q).  What is your credit score?
A).  A numerical representation of your credit history.  The lower your score the higher the risk to the lender

Q).  Who makes the score
A).  Fair and Issac Corporation

Q).  Experian/Equifax/Transunion are the three main bureaus