Credit Tips

"Over 70% of consumers identify errors on their credit report. 25% of those are serious enough to deny consumers...acess to credit, preferred interest rates, or even a job." ("Real Estate" magazine, 03/09).
It is important to make sure your report is up to date and accurate.
Obtain a copy of your credit report and review the accuracy of the information. Under federal law, you are allowed 1 per year from each of the three major reporting bureaus. Log onto www.annualcreditreport.com for more info.
Be careful of making large purchases right before applying for a home loan. This may affect your qualifications.
If you cannot make a payment on time, contact the lender to make other arrangements BEFORE it's too late.
Do not fall victim to scams that claim they can remedy your credit score. Only time and consistent, timely payments can improve your credit report.

For more information contact "Florida's Mortgage Expert," at 561-654-1886 or www.floridasmortgageexpert.com