Personal Credit Coach

Why Some Consumers May See a Significant Jump in their Credit in July 2017

Stephen Leifer - Wednesday, July 26, 2017
New improved standards for using public records became effective in July 2017 for credit reporting companies. The new changes will result in the increase of many individuals’ credit scores, some as much as 20 points. The major changes are based on excluding information related to tax liens and civil judgments on consumer’s credit reports. About seven percent of the American population will benefit from the changes. Having a higher credit score can result in a number of pos ..

Tips for Managing Credit Card Debt

Stephen Leifer - Friday, April 21, 2017
Being in debt is extremely stressful and if you feel as if you are drowning under an insurmountable amount of it, it can be downright depressing. Credit Card debt is the most insidious. That piece of plastic in your pocket gives you the ability to spend beyond your means. Furthermore, the cost for using that ability, the use of their money, carries a very high rate of interest. The good news is there are things you can do to get a handle on it and improve your credit situation. Firs ..

Buying a Home with Bad Credit? Credit Repair Can Help!

Stephen Leifer - Wednesday, February 22, 2017
Buying a home is frustrating enough, but it can be downright demoralizing if you have bad credit. The good news is it is possible to get a mortgage, even if your credit history is less than perfect. Here are a few tips: Traditional banks rarely offer mortgages to those with bad credit, but you can find sub-prime lenders that extend credit for mortgages, as long as you are willing to pay higher interest and/or fees. This is not the best option because many find themselves overextended in  ..

Tips for Repairing Your Credit

Stephen Leifer - Thursday, May 12, 2016
Repairing your credit can be a challenge, but considering how important your credit score is, repairs are well worth the effort. What are a few of the things you can do to improve your credit score? 1. Pay Your Current Bills on Time The best way to improve your credit, regardless of what mistakes were made in the past, is to pay all current debts in a timely manner. If you are facing a charge off of a debt, do your best to arrange a payment plan ..