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Understanding Credit Scores

Why are credit scores so important?

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  • What is credit?

    In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.

  • What is a credit score?

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  • How to Read & Correct Credit Report Errors

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  • Why is savings so important for debt management?

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Markita Aldridge
Mortgage Consultant, WestStar Mortgage
www.thelendingadvisors.com  
703-497-3936

Markita has been called :The Queen of Mortgage Financing especially after a BK". Since 2002, Markita has been a top-producing loan officer with WestStar Mortgage located in Lake Ridge, VA. She offers her clients expert service in mortgage financing regardless of credit history. Markita's former career as a professional basketball player with the "Washington Mystics of the WNBA" has been her foundation for creating a TEAM atmosphere when dealing with her mortgage clients. She truly believes Together Everyone Accomplishes More! You can visit her website at <a>www.TheLendingAdvisors.com</a> for more information and several FREE mortgage reports that reveal lending secrets other mortgage bankers don't want you to know!

Why are credit scores so important?

 

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Transcripts

Host: Why are credit scores so important?

Markita Aldridge-Woods: Basically, just as I stated, basically everyone uses credit scores to judge you. The biggest thing you ll pay in life are two things, taxes and interests, and how much interest you pay actually will be determined by your credit score. So, it is very important also now we have jobs that are actually tied to credit scores. So could you imagine not to be enable to get a job based on what your credit scores are, so that is just very important at this time.

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