Importance of Credit

Why is credit important to your financial well-being?

What areas of your life does credit affect?

How can credit impact the interest rate you receive for secured and unsecured debt?

Why does life cost more when you can’t access credit?

Some Tips about Credit

• Credit history is used as a screening tool for jobs, insurance rates, homes, cars – just about anything you may want to purchase.
• If you credit history is poor, you may pay up to 3% or more for a loan than someone with excellent credit. For example, on a $100,000, 30-year fixed rate mortgage that translates into $85,000 more over the life of the loan.
• Without access to credit, people either do without major purchases such as cars, washing machines and furniture until they can save enough to make the purchase, or they obtain the item at a higher than usual rate.

Need to Improve Your Credit?

I Can Help

• By paying your bills on time and in full
• By working with you to create a budget
• By managing your cash flow (income vs. expenses)

  Benefits to You

   • Peace of Mind  

   • Stress-relief    

   • $ Savings         

   • Goal Attainment