CREDIT MATTERS

Are you worried about issues on your credit report? Common problems like identity theft, late payments, evictions and low credit scores will block your success in buying or renting a home, and if by chance you are approved, your interest rates could be higher. These are issues that cannot be ignored. Slow credit doesn’t have to be a barrier for you with second chance rentals and lease-purchase programs.

TOOLS TO HELP MANAGE YOUR FINANCIAL HEALTH

Seek out resources to monitor your credit and learn what is impacting your score. 

People often ask us to find private landlords when what they really need is a financial overhaul. Don’t skip what’s really important. Deal with the root problem that is challenging your applications, and fix what’s broken.
Consider these three tips to financial well being:

  • Learn what is impacting your credit scores so you can address negative items in a timely manner. The three major bureaus provide free annual reports.

  • Monitor your credit.  Once you know your credit scores, keep track of changes with a credit monitoring service, and many are free.  Ask your bank or credit card company if they provide free credit monitoring. One cost-effective paid option is Smart Credit.

  • Make sure your landlords report your positive rent payment history to the credit bureaus. Many landlords do not. You can take control by using a rent reporting service.

“We experienced loss in income a few years back that ultimately resulted in a foreclosure. Afterwards, we couldn’t even rent because our credit had too many negative items.. Newhouse Alliance Realty helped us through the challenges and convinced the landlord to give us a chance.  Thanks for all your help.”

Phyllis, Lithonia, GA

Your financial health matters. It can make the difference between approvals and denials when you need to make a major purchase or when you need to move.