Help! My Credit Sucks!

The Challenge

Credit has become more important than ever for creating and maintaining financial stability.


The use of credit touches practically every aspect of our life. Not only is it used to purchase large ticket items such as homes, cars and education and small businesses, but it can determine whether you receive low rates on your insurance premiums, utility services like phones and electricity as well as some employers determine if you are hired for your next job based on your credit score.


With so much at stake, wouldn’t it make sense to stay in control of your credit report?


You bet it does. Yet many consumers and small business owners are kept confused and in the dark about the rules and laws surrounding this critical financial tool.


There was a time before the recent economic down turn and credit crunch that money flowed easily and a credit score of 620 was considered very good. However that is not the case today. Banks and lending institutions have made it very difficult to get a mortgage, start or expand a business or even get credit cards without a score of 720 or more.


The paradox is the more difficult the banks make it for individuals and business owners to borrow money, the longer it takes the economy to recover. As long as recovery stalls, the tighter the credit crunch becomes.

And with individuals losing their jobs and small and big businesses closing, the increase in credit derogatorys skyrocket as borrowers fall behind in payments.


So how do you get off the vicious cycle of credit craziness?!!


Good question. And I am here to provide you with some great answers.


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