June 14, 2017 Shawn Lane Consumer Credit Expert Knowing what not to do can be just as important as knowing what you need to do when it comes to your credit. Even if you have worked hard to establish good credit, the wrong slip-up has the ability to undo much of your hard work. Thankfully you have the opportunity to …
Getting Your Credit in Shape to Buy a Home
June 8, 2017 Shawn Lane Consumer Credit Expert Dreaming about buying the perfect home? If so, then you may have already picked out your favorite neighborhoods and floor plans. You might have imagined exactly how you will decorate each room in your new home or you may have plans for a beautiful outdoor retreat in your back yard. However, if …
4 Costly Credit Mistakes to Avoid
Having a good credit score is so important today. Good credit scores get you lower interest rates, higher borrowing limits, lower insurance premiums, better quality rental properties, and even the American dream of home ownership! Good credit does not just happen – you have to earn it!
Credit Monitoring – What it is and why we need it!
August 10, 2016 Shawn Lane Consumer Credit Expert Credit monitoring is a service that keeps watch over our credit reports and scores so we know where we stand each and everyday. It is very important to know our credit situation BEFORE we apply for any new credit! We have all heard the stories. Your car dies so you go to …
Credit Scores and How They are Calculated
June 9, 2016 Shawn Lane Consumer Credit Expert In today’s world, it seems we are all defined by a 3-digit number, our credit score! If we have a high credit score, life is easier. We’re able to qualify for lower interest rates, higher borrowing limits, lower insurance premiums, better quality rental properties, and even the American dream of home ownership! …
Will paying off a collection account improve my credit score?
May 23, 2016 Shawn Lane Consumer Credit Expert I get this question a lot. Although I would never suggest NOT paying your debts, you need to be very careful when paying a collection account. If you are 100% sure you owe it, then maybe you should pay it (more on this later). However, if your goal is to improve your …