Your Credit Score

Understanding the difference between good debt VS bad debt is critical. Its plays a key role in how it affects your credit.  Its not bad to have “debt”.  In fact, its good to have multiple credit cards, loans, lines of credit etc. But understanding it all, especially when you need a mortgage, can sometimes be confusing and overwhelming.

Watch this video to learn more about what is a credit score, how it affects you everyday and tips to help boost your credit number!

 Fast fact: Having 2 credit cards and a line of credit and making payments to all of them would increase the amount of points you earn, rather than paying one single credit card.

*If your score is under 600 you CAN still qualify for a mortgage with The Lending Coach. Please see the section Credit Repair for more info.