Everybody who has been paying attention knows that credit scores have become much more important than they were just a couple of years ago. They affect everything from qualifying for a mortgage loan or a car loan, and what interest rate you’ll pay for those loans, to how much you pay for car insurance in many places. The problem is that most people don’t really have any idea what a credit score is, how how to improve it. (To quote a current television ad, “There is no credit fairy!”)
This article from Yahoo! Finance this morning doesn’t help much with the definition of a credit score, but it does a good job discussing some common misconceptions:
Six Popular Credit Score Myths
I wrote earlier this year with a little more background on the subject:
Important Info About Your Credit Score!
That info, with today’s article, should be helpful for folks who are unsure what to do about mistakes they may have made in the past.
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About Bill Morris, Realtor
More than thirty years of business experience (high tech, client service, business organization and start-up, including many years in real estate) tell me that service is the key to success and I look forward to serving you. I represent both buyers and sellers throughout the Austin metropolitan area, which means first-hand market knowledge is brought to bear on serving your needs:
-- Seller Representation is a comprehensive process that begins with thorough market analysis and consultation, continues with properly staging the home to achieve the highest price possible in a reasonable time on market, a complete program of marketing and promotion, ongoing updates and communication, closing coordination, and follow-up throughout (and after) the sale.
-- Buyer Representation is also full service: shopping, previewing, price and market consultation, contracting, negotiating, coordination of inspections, appraisals, repairs, and closing details, and follow-up beyond the closing of your purchase to ensure your lasting satisfaction.
Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. I go the extra mile to help you achieve your goals. That's why I constantly research the market and property values so your home is priced effectively from day one. I also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers.
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