We're ready to make
|
We're ready to make
|
Life happens, and that means it's hard to get some of those recurring bills paid on time. Set up automatic bill pay for as many bills as possible, so that a vacation or unexpected trip to the hospital doesn't derail your credit. Build credit through renting or leasing.You may be set on purchasing cars, homes and major items in your home, but leasing may be more likely to help your credit score. Keep balances low on credit cardsIf your credit limit is $10,000, set your maximum limit at $5,000. And set your ideal limit at $2,500. Pay off the statement balance each month to further ensure your credit card is helping your credit score, instead of hurting it. Apply for and open new credit accounts only as neededThe cashiers at department stores may give tempting offers, but avoid having your credit run, and avoid opening new lines of credit. If you need extra credit, ask your existing creditors for a complimentary credit increase! Don’t close old, paid off accountsYou finally paid off all that debt, and it sure seems like the right thing to do next is close that account! Don't do it!! Your credit score will soar with paid off accounts that sit untouched. Creditors value consumers who are comfortable with a zero balance! Talk to credit counselors if you’re in troubleReach out to professionals and mentors for assistance if you're in a situation you can't navigate alone. We are happy to point you in the right direction!
At the beginning of 2021, Realty Trac showed Utah posted one foreclosure for every 9,300 housing units. That’s 33% higher than the national average. It’s the seventh highest rate of foreclosure in the country and the highest rate west of the Mississippi.
Rich, Uintah and Utah counties have the highest rates of foreclosure in the state. It’s important to note that this is nowhere near the rate of foreclosures that happened during he great recession of 2008-09, but there are still thousands of struggling families trying to figure out how to keep their homes. Homeowners Can Get Help During Pandemic
|
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
April 2024
Categories
All
|