Aazim Sharp, credit consultant with Leaf Credit Repair, sat down with hosts Todd Schnick and Carol Morgan for this week’s All About Real Estate edition of the Atlanta Real Estate Forum Radio show. The trio discussed the importance of maintaining a good credit score as well as how to improve a bad score. Aazim first pointed out that the best way[...]
Checking your credit report on a regular basis is an important part of maintaining your financial health. Reviewing your report allows you to see what lenders are saying about you while also staying on top of your payment history. In addition, it can alert you to any potential fraud problems or misreporting of information. However, some consumers don’t check their report[...]
If you’re planning to purchase a home in the future, a good credit score is key to obtaining financing and favorable lending terms. Learn from the credit experts at Equifax some of the common credit habits to stay away from for a good credit score in the recent Equifax Finance blog article, “ Five Credit Habits to Avoid." Charging too much on[...]
Building good credit can take a significant amount of time and discipline, as it results from a history of creditworthy behavior. By paying attention to your credit now and establishing a strong credit history, you will most likely be rewarded later through low interest rates and financial savings. A 2010 report from the Annie E. Casey Foundation stated that an[...]
If you’re considering purchasing a new home in metro Atlanta and will need a loan, it’s important to make sure you’re aware of your credit score and the factors that comprise it. One of the many important components that make up your credit score is your debt-to-credit ratio, also known as your credit utilization ratio. A debt-to-credit ratio is simply the[...]
As an adult, your credit score is nearly as important as your good name. So understanding what can cause your credit score to sky rocket – or plummet – is extremely important. Knowing what factors will affect your score can help you remain a creditworthy borrower while helping you to plan for the future, which may including buying a car[...]
When you are trying to establish good credit, it is important to regularly check your credit report and credit score to keep up with changes. Credit scores continuously fluctuate, even when generated by the same credit reporting agency. However, according to “ Credit FAQs: Why Does My Credit Score Fluctuate?” on the Equifax Finance Blog, credit score fluctuation is perfectly normal. When[...]
While most home buyers understand that having a good credit score is important when financing the purchase of a new home, they may not be aware of the steps they can take to improve the little number that makes a big difference. If your credit score is low or your credit history is less than perfect, Keystone Homes offers these[...]
If you are planning your Atlanta real estate purchase, you’ve likely pulled a copy of your credit report or been told your score from your lender during the mortgage application process. If during the process, your score has dropped, you’re probably (understandably so) concerned about what could have caused the change. The credit experts at Equifax have posted a list[...]
The Equifax Finance Blog offers advice to those looking to pay down their debt in the New Year in preparation for an Atlanta mortgage in the recent article, “ Tips for Paying Off Debt in 2014.” The article recommends first making a list of all of your debt and checking your list against your credit report to be sure that you’ve remembered[...]