Credit Restoration

So how do you establish credit when you don’t have any and no one will give you a chance?  What if you have a not so good past maybe some collections, judgements, late payments, bankruptcy and even a foreclosure.   First of all never ever close a credit card biggest mith ever, 35% of your score is your “DTI” Debt to Income.  Example if you have a $1000 credit limit and you owe $500 then your DTI is 50%.  If you can help it, you never want to go over 50% DTI.  If you do you will be effecting 35% of your credit score.  Going over 50% DTI is almost as bad as having a late payment on your credit report and we all know how bad that is.  You can go to www.creditscoreus.com for more credit tips or you can call me at 269-488-9530.  I will be putting a lot of time into Credit restoration and your credit score.  Your credit score can cost you 1,000’s if not 10 of thousands of dollars over a life time.  Did you know that some if not most employers pull your credit scores now.   Some and actually most Insurance companies have there own credit scoring system and your rate is determined by your score.   You need to take this very seriously.  Call me any time with any questions.  Happy Fall