credit score: Saving Money by Increasing Credit Score - 03/07/16 02:21 AM
I love when I can save people $1000s with some good coaching. Of course they have to follow my advice.
Last year, Mr. “R” came in for a refi. He had a 4.99% 30 year fixed and had paid in for 1 year. Now he wanted to refi because rates were low. But when I pulled his credit, I learned he had built up debt and had filed tax returns with ½ the income of the year before.
So I told him to wait a year, file tax returns with a different strategy to save on tax, but still keep the income high enough … (2 comments)