Is Your Credit On Life Support?

Overview

At some point in our lives, most (if not all) of us dig a deep hole for ourselves by abusing the use of credit cards, which adversely affects our credit and the quality of our lives. Is your credit keeping you from your dreams which include any of the following? husband wife home car job insurance rental It is important to note that most business transactions made by a consumer causes an inquiry to your credit report. Ironically, you may not get that husband or wife because their credit is good and yours is bad. If you ever get married to someone who has bad credit, your credit will mirror their credit once your social security number is connected through a purchase. Most people desire a home but they do not prepare for a home. My husband, Glenn often states, “You can obtain but can you maintain it or keep it?” I agree with his observation. Once you obtain your dreams, can you keep what you have obtained? “When people do not accept divine guidance, they run wild. But whoever obeys the law is happy. For a servant, mere words are not enough – discipline is needed; …” Proverbs 29:18-20, New Living Translation.

About the Author

Shelia Outlaw-Young, owns and operates her own business,  SMOY Credit Repair, LLC  , and has 19 years of experience in repairing credit and making dreams come true. She has been the CEO and owner for  SMOY Credit Repair, LLC   for the last nine years. She has made it possible for many people to qualify to purchase a new home, remove foreclosures, repossessions, child support and . She considers herself “The Credit Doctor

Overview

How Does Your Credit Affect You Getting a Husband or Wife? A couple came to me who wanted to buy a house. The man said that his credit was over 700, while the fiancée said her credit was 700 also, however, after pulling the credit report the women was below 600. The man was very upset and left the woman there with me. When I saw the woman 2 years later, she stated that she never saw the man again. This is an example of how your credit can affect you getting married. The Fed recently looked at the correlation between credit scores and relationship duration, in a working paper entitled "Credit Scores and Committed Relationships" by researchers Jane Dokko, Geng Li and Jessica Hayes (1.usa.gov/1PC9Ken). It uncovered some fascinating tidbits. In many instances, your credit scores connect you with being in a committed relationship and staying together.