We live in a credit-based society. Everything is decided (job (in some cases), home, apartment, car) most of the creature comforts we enjoy or that determine what we enjoy in our lives is based on your credit. So, how’s your credit? Does it suck? Does it need work? Do you know? When was the last time you pulled your credit report? Have you ever pulled your credit report? Do you know what’s on your credit report?
Well, now is the time to deal with it. Why? Because with the mortgage crisis we recently experienced everything has changed and the credit restrictions have tightened. If you don’t want to deal with your credit, it will deal with you.
As a Realtor, my approach is to first ask about your credit because that is my job. If a Rental Listing Agent has a property listed for an owner, that agent’s job is to find a suitable tenant. Suitability is determined by your credit. The owner may not desire to have a tenant with poor credit because that will be interpreted as one’s ability to pay their rent. Now, don’t yell at me. I know most people will argue (and rightfully so) that one may not necessarily have anything to do with the other. However, look at it from the owner’s point of view. He or she doesn’t know you personally. You may have been Mother Teresa’s best friend and personal assistant, but the prospective owner has no other way to determine your ability to pay the rent they are asking for by any other means than your credit report.
If you cannot answer the question, “How’s Your Credit” with the answer of a 640-720 credit score, then please accept the reality that you have some work to do in order to get your credit to the point where you can answer the credit, “How’s Your Credit”?
Don’t let your credit hold you back from being able to have all that you deserve and desire. It is work that is worth doing in order to give yourself the better choices in life. So make the decision to KNOW YOUR NUMBERS.
If you would like a free report to get you started, please reply to this post.