I can’t tell you how often a client tells me that they can’t “understand” why their scores are so low. At first I thought it was an excuse. It took me a while to figure it out (I think I was blond at the time) but the fact is is that most people DON’T understand.
You listen to all of the advertisements hawking the ease and benefits of a loan modification, in this the aftermath of what has to be the most stupid of all home-buying generations…and not to give away my age but I was in CA in the 80′s. Okay, in high school, but still did everyone forget
While the entire world is talking about going “debt-free” which I admire, the fact of the matter is unless you never intend on purchasing a home or any other high dollar item, and you are not independently wealthy (in which case creditors will offer you all the credit you wish) you will need to establish
I hear this statement at least once a month. Usually, right after a client has attempted to purchase a “big ticket” item such as a home and realized that they had a pesky bill from 5 years ago that in all likelihood (let’s face it the big 3 don’t have great track records) is not
As sad and in my opinion sick as it is, when people are at their most desperate that’s when the vultures attack. Why is is that people, and I use the term loosely, decide that when someone is at their lowest, let’s just kick’em when they’re down. For shame and poorly done. This is