Credit Coaching by Kristi

Is your significant other's credit profile and score causing some tension in the relationship? In addition to the obvious of having to pay higher interest or not qualify for financing at all due to lower scores, there could be an emotional component to your partner having poor credit profile that is bringing you down in multiple ways. How do you have a conversation about money and credit and behav...

Have you heard of the term "credit sweep" or credit washing? I hadn't either until recently. Not only does it sound too good to be true- it's illegal! Please be careful with "quick fixes" as they often aren't what they might appear to be. If someone is saying they can remove derogatory items from your credit report- be cautious! Questions@creditkristi.com

The Big Credit Bureaus are selling your information - and they are making bank by doing so! Listen in as you Coach shares 2 ways to protect your information from being sold to companies who want to know your profile and solicit to you. Questions@creditkristi.com for questions or show ideas https://www.optoutprescreen.com/ to opt out To freeze your credit: Experian.com Equifax.com Transunion.com ht...

Have you wondered, what is worse? Bad credit or no credit? Listen in to learn what "the decision makers" when it comes to extending credit want to see. Questions@creditkristi.com

Let's listen in to some additional details regarding zero percent balance transfers on credit cards. Questions@creditkristi.com

Credit card balances are at the highest level in history. In fact, over $1.115 TRILLION is the current outstanding credit card balances for Americans! 1 in every 5 credit card holders are "maxed out" meaning they have greater than 90% of their limit as a balance. APRs are also the highest we've seen, ever! What is going on and what can we do about it? Questions@CreditKristi.com

There is a very important term in finance called Debt Ratio. You should have an understanding of what it means, what it says about you and your spending/debt load, and why it's important to keep it in check. Whether you are thinking about and preparing to buy a home or just want to figure out your debt levels and adjust what's not working in your life, understanding your DTI (Debt To Incom...

As a mortgage broker, I see the entire financial picture of someone applying for a loan. That is what drove me to start this podcast over 4 years ago, is because time and time again I would spend time coaching people on what to do to improve their credit so they can qualify for a mortgage. The #1 reason for mortgage declines is insufficient credit. Listen in as your credit coach breaks it down as...

Have you applied for a credit card and then found out... you were denied?! There are various reasons that could be the culprit, so listen in to your credit coach as Kristi shares some of the top reasons for not being approved if you applied for a credit card. Questions@CreditKristi.com

I am hearing from a lot of people that they are carrying large credit card balances forward each month, not intentionally, but because the cost of living is so high. Listen in (if this is you, you are not alone) and hear some suggestions on what to do about it. Check out this cost of living calculator: https://www.bankrate.com/real-estate/cost-of-living-calculator/ Questions@creditkristi.com

Looking for some quick tips to improve your credit ASAP? I got you! Listen in to learn best tips to improve (or build) your credit profile quickly. Some of the places Coach Kristi references: To pull your free credit report: https://www.annualcreditreport.com/ Self.inc for the credit builder account: https://www.self.inc/blog/what-is-a-credit-builder-loan Reporting rent through Self.inc: https://l...

As a matter of protection, I recommend you freeze your credit. What does it mean to have your credit frozen? How does it benefit me? What if I need to access my credit? What if I am a victim of fraudulent activity? Listen in as your credit coach breaks it all down for you. To freeze your credit, set up an account with each credit reporting bureau and once set up and logged in, look for "freez...

Are you desiring to grow and expand your business? Needing financing opportunities and a great business credit profile? Listen in as your Credit Coach interviews business credit expert Christi DiCenso of JGalt. This knowledge can help your business optimize cashflow, manage growth and create a great business credit score so you don't have to personally back lines of credit (which can hinder bu...

So many people reach out to me asking how to start credit, how to improve their credit, or tell me they don't understand what it takes to have a great credit profile. Let's fix that today! Listen in to learn the rules of the game and to win at this thing called credit profile. You want to show up with a high credit score so you can qualify for the best interest rates available when it come...

As I round out my fourth year of providing insight and updates, I am sharing information from the Federal Reserve Bank of NY with their report of Household Debt and Credit. Also ideas and suggestions for managing debt. Check out my books on Amazon! Finish Financially Free and First Home: Where to Start and How to Win. questions@creditkristi.com https://www.newyorkfed.org/medialibrary/Interactives/...

Have you ever wondered just how much of an impact interest can have on your payments and cash flow? Listen in as Credit Kristi compares car and house payments due to the difference in available rates due to credit scores. Have any new year goals (we don't do resolutions here, just goals!) for yourself? If not- why not?!!? If so, are the BIG!? They should be! Let's goooooo! Questions@credit...

I am asked more about collections than any other credit topic. The majority of the time is what to do with collections, what happens if I dispute it, what happens if I try to talk with the creditors, and what do I need to know to help in situations with collections. Listen in as your credit coach explains what you need to know, what affects your credit the most when it comes to handling collection...

D. Saul is a credit expert. He had started off fixing his own problems, then became so well versed solving issues for his friends and family, that he got into credit repair. He shares his wisdom and gems with us in this episode. And connect with him! D.Saul's connection contacts: Fix Your Own Credit For Free!! | Facebook https://creditrepairhacks.page/pages/free D. Saul - YouTube

If you have student loans, you know that they are going back into repayment status. What's unfortunate is many people have moved or have new contact info, so is the new loan servicer even able to track you down to start collecting your payment? Because Navient isn't servicing federally backed loans any longer! Who you paid in the past may not be who you will be paying now (ohhhh, and I jus...

Looking for quick way to build a credit profile or improve an existing one? THIS is my #1 tip to quickly bring your score up with being added as an authorized user of an existing, good standing credit card. Your credit coach will share the details on how this can benefit your profile from adding debt utilization, long standing history and adding to your credit mix-quickly!! And without a credit in...

Are you headed off to college or care about someone who is? Listen in as your credit coach shares about the challenges of starting new credit, warnings about getting tripped up with new debt and bills, and some ways to cautiously begin your credit and money management journey. Questions@creditkristi.com

What Does money and marriage have in common!? If you are married, you are already listing the ways! Money management is one of the most important factors in a healthy marriage, and it necessary to work through together. 22% of divorces in the US list money as the predominant cause. Money is intimate, sensitive, and required to discuss in a healthy marriage. Listen in as your Credit Coach drops som...

Brief overview about collections, and how medical and non-medical collections differ. What impact does a collection have on your credit profile? questions@creditkristi.com

Have you ever stopped to think about what you believe to be true about money? Likely not, most have not. So we live into what we think we know, but it is actually keeping us stuck, likely broke, and confused about why we can't make our money work more powerfully for us. Listen in as your credit coach breaks down how to question what you believe about money and how to create a new, positive rel...

Transunion puts out a report each quarter showing stats and trends.... I know... yawn. But it can be very telling to see what kinds of trends are out there with new credit card accounts, balances, and new personal loans. Friends, it looks a little scary to me. Balances are up almost 15%, new cards are up over 20%, and new personal loans are skyrocketing. We know why- the cost of living is out of c...