What is the worst type of credit account I could have?
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In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.
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In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.
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In this video, financial planning professional and member of the Financial Planning Association®, Cal Brown, MST, CFP®, describes the four important steps to improving your credit.
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In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.
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What is a debt management plan?
In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.
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In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.
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Markita Aldridge
Mortgage Consultant, WestStar Mortgage
www.thelendingadvisors.com
703-497-3936
markita@weststarmortgage.com
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!
What is the worst type of credit account I could have?
This expert: 28,373 views
This series: 10,728 views
Transcripts
Host: What is the worst type of credit account I can have?
Markita Aldridge-Woods: The worst type of credit account is with finance companies and what I mean by finance companies, I don t want to name any. However these are companies that solicit you typically by mail, offering you some type of unsecured loan that typically carries an APR anywhere from 22%-27%. Typically, these companies offer you to consolidate debt with them and not that they are not reputable companies out there, but the APR is a red flag that these are really high risk loans; they are unsecured loans, meaning not secured by any property, is absolutely the worst type of account that you could have on your credit.
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