Are You "Wimpy" About Paying Your Bills?
gladly pay you Tuesday for a hamburger today," was Wimpy, the Popeye cartoon character's
But Wimpy was always hamburger-less, probably because he
annoyed everyone with his sloppy attitude toward paying bills on time. Most of
us are a lot better off than Wimpy when it comes to understanding credit. But
just wait until you try to qualify for a mortgage loan!
Time to Start
Asking Questions... Annoying Questions!
Debt is a fact of life.
Who do you know who DOESN'T own a credit card? But few of us really ask ourselves
the hard questions until a lender starts asking them, such as: Do you pay your
bills on time? How much debt do you really have, especially on your credit cards?
Do you have a steady income, and how much goes toward paying off loans?
Me, Really... Why Should You Care?
You wouldn't be concerned if
you weren't reading this, but here's one excellent reason to care about credit:
To avoid rejection on your home mortgage loan application. According to a national
survey, half of people surveyed don't understand their credit is a huge factor
in being able to qualify for a home mortgage loan. Unfortunately, those same people
are in for a shock in the form of higher loan costs, or in the worst case, a rejected
You're Smarter Than Wimpy Truly, you are!
a handle on your credit situation isn't rocket science, that's why we offer this
Mini-Course, to show you how easy it is. We'll cover the basics of consumer credit
and how it affects you, the potential homebuyer.
Ready? Let's begin.
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