Usually, people with no credit histories and therefore no credit scores are either:
New to the U.S.;
Under the age of 18; or
Simply raised that credit is not good and that one should pay cash for things.
If you are new to the U.S., about to vote for the first time or if you subscribe to the idea that “if you can’t afford it - you shouldn’t buy it” - this Industry Secret© tutorial is for you.
There is some wisdom in paying cash for things whenever possible. Too much debt is a bad thing. But in today’s world never having any debt means never having any credit history. So while wise, the resulting lack of credit and credit scores can harm you financially.
It’s no longer practical to have no credit. The cost of a home is too high for 95% of the U.S. population to wait until they have the cash. The same is true for cars these days. More importantly, so many things are based on credit that to have no credit history and therefore, no scores actually harms you financially. Auto insurance, cell phones, utilities, even professional licenses are all based on credit history or credit scores. And it’s getting more so everyday.
So you need to have a credit history - even if it’s a simple one. And when it comes to mortgaging, we know exactly how much you need. These simple techniques will teach you how to establish credit, make sure it’s reported to the three, major, credit repositories and establish great scores with a little discipline. No more guesswork. Just do exactly as we lay out in this tutorial.
See below for mortgage credits earned with this purchase.
Usually, people with no credit histories and therefore no credit scores are either:
New to the U.S.;
Under the age of 18; or
Simply raised that credit is not good and that one should pay cash for things.
If you are new to the U.S., about to vote for the first time or if you subscribe to the idea that “if you can’t afford it - you shouldn’t buy it” - this Industry Secret© tutorial is for you.
There is some wisdom in paying cash for things whenever possible. Too much debt is a bad thing. But in today’s world never having any debt means never having any credit history. So while wise, the resulting lack of credit and credit scores can harm you financially.
It’s no longer practical to have no credit. The cost of a home is too high for 95% of the U.S. population to wait until they have the cash. The same is true for cars these days. More importantly, so many things are based on credit that to have no credit history and therefore, no scores actually harms you financially. Auto insurance, cell phones, utilities, even professional licenses are all based on credit history or credit scores. And it’s getting more so everyday.
So you need to have a credit history - even if it’s a simple one. And when it comes to mortgaging, we know exactly how much you need. These simple techniques will teach you how to establish credit, make sure it’s reported to the three, major, credit repositories and establish great scores with a little discipline. No more guesswork. Just do exactly as we lay out in this tutorial.
See below for mortgage credits earned with this purchase.
Purchasing this Specialty Tutorial earns you $85.00 toward your closing costs on your next mortgage with Mortgage Portfolio Services.
