You can’t be completely gorgeous with ugly finances! So with that said, my buddy Tara Colquitt, The Credit Woman has some information that can really help you. As with anything you want done…you must take ACTION to get the ball rolling. OK Tara…give us whatcha got!
“Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending” – Carl Bard, theologian
Hello, I am Tara Colquitt, The Credit Woman. I am here to help you make a brand new ending.
Let’s first agree, credit affects everything. But death, divorce, health issues and our all time favorite un/under employment can cause anyone to have credit issues. However, credit isn’t cancer. You can live with poor credit. It is just more expensive and usually inconvenient. I am not here to make you feel less than Who You Are. I am here to help you move from Where You Are. If you are ready. I cannot do this without your full cooperation. May I have your cooperation?
Great! Then let’s do the following:
Check your credit at http://www.annualcreditreport.com. It’s free. And it shows the
approximate date of removal from the report. Sometimes my advice to people with
seriously challenged credit is to wait. They do not have the resources to get out of their
situation but that is why you get a “do over” in 7+ years. But that does not mean to do
Make a budget and stick to it. Find your “Why”. Home, Savings, Education, Retirement?
Save $20 a week.
You can do this yourself, and some people do. But most don’t and many don’t do it well. Did you
pay the delinquent account without negotiating to have it removed from your credit report? Well,
it is difficult if not impossible to do anything once you have paid the creditor. The hammer, your
money, has been eliminated. Just as important to removing negative items is to build credit. No
one is going to loan you $100k if you can’t handle $1,000. You need to get a prepaid credit card
and/or a secured bank loan. These are great trade-lines to build credit.
I am frequently asked how long does it take to improve your credit. Hmmm…how long does it
take to lose weight? Well, it’s your effort, right? Breaking those habits. And so many other
factors. Budget and desire to make changes is key. If you do not have the money to repay debt or
establish a secured bank loan, it will take more time. I had a client in February I spoke to on a
Tuesday and by Thursday she did everything I advised her to do and then I had a client that after
two years, she and her husband were ready to purchase a home. But they both had plans.
Now, I am also passionate about making myself obsolete. Any young adult with a job has the ability to establish excellent credit and purchase their first home within five years of graduation (high school or college). The concept is simple. Remember that $20? $20/week, $80/month which is approximately $1000 a year. In 3 years that is $3000 and a starter home can be purchased with an FHA loan. This creates generational wealth. By the way, this concept works for anyone at any age. You must have a plan!
So, let me leave you with this offer: If you will not for any reason, but desire to carry out the advice I have just given, I can help you do this.
I am Tara Colquitt, The Credit Woman and I am here to help you Begin your New Ending.
Please Contact Me:
Tara Colquitt, The Credit Woman
“Turning Self-Worth Into Net-Worth”