Keeping Your Credit in Great Shape

In this episode, Cameron talks everything credit - how your credit score is determined, how much credit you should have, how to request and clean up any incorrect information reported, and how to deal with emergency situations that require putting your purchase on credit cards.

The Homebuyer Hustle podcast is hosted by Cameron D’Avis. In each episode, Cameron discusses topics that can help anyone buying a home - from first-timers to seasoned investors. Cameron walks you through the pre-approval process, selection of your first home, things you should avoid, and other important topics from a real estate professional’s perspective. Podcast guests will include industry pros - CPA’s, appraisers, title reps, and home inspectors, sharing their experiences and insights. 

Discussion Points:

• What your credit score means, and how it is determined
• How to use your credit
• Pay down “emergency” purchases asap
• Check your credit report for accuracy
• Request a copy of your reports every year
• Dispute errors online
• Keeping your utilization low
• Closed-end loans (ie car payments) vs revolving accounts
• Do you have ‘unused’ accounts on your credit report?
• Keep the 30 percent usage level in mind
• Recap of key points
• Reach out with any questions or comments!

Resources:

HomeBuyer Hustle Website

Annual Credit Report.com