A potential home buyer with credit dings and Paying it forward
I am working with a Buyer who has a few bumps on their credit. We have a book that we have used in the past that with just a few simple steps has brought up credit scores by 90 points within 2 months. We have other examples too. A simple increase will allow this person to accomplish their goals, so this week I am meeting with the Buyer on a couple of occasions to help. I have advised them of potential credit counseling places (professionals), but they are not in the budget and this is not a major overhaul. Just a simple bump and fixing a mistake or 2 on the reports. Checking your report is very important, as mistakes happen. Please check yours and watch for things that are not yours being placed on the reports. Your credit score can make a big difference in your life, even effecting your ability to find a job, acquire insurance coverages, and can uncover the beginnings of identity theft.
One easy method is to go to www.freecreditreport.comto acquire a free itemized credit report. The downside to this type of report, is it does not include your scores, or your FICO score. You can get that information for a fee on the above site, or you can visit with a your lender and have them do a report for you.
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