Buying a home in todays market

The definition of a credit score and the basis behind the scoring is this - It is a risk assessment score to determine the likelihood of you going 90 days late on an account in the the next 24 months. This is key because when the software was written for credit scoring there had to be something that the score or rating would predict.

Hope you have all ordered your free credit reports. You do not need the credit scores for now so do not pay extra for them unless you are really curious. Watch for our next post on credit.

If you'll be in the market for a mortgage in the next year it is time to look at your credit. Go to www.annualcreditreport.com for a free report from each bureau. Then follow this blog because we will be walking through the reports in our Credit discussion group.

Have you paid extra money on a bill to get the account paid of faster? Auto, mortgage or personal loans. The next month when you get the bill the minimum payment is smaller than usual. This is because the lender you sent extra money to applied the extra towards next months payment rather then toward the principle balan...ce. This only benefits the lender not you. Call them & have them apply your payment properly.

Financial Stress Kills Productivity! Learn how you can help your employees reduce their financial stress!

Your employees are your business. When they are happy and stress free your customers are also much happier. Through our HOPE system, Helping Ordinary People Excel, we can help reduce your employees financial stress level on an ongoing basis.

This does not have to cost you or your company anything but an hour of your time to learn how we can help.

Join us for this presentation on 7/2/2009 at 1 pm. Your employees will thank you!