#beaboutyourcredit

[riseupfinancialfreedomsolutions]

Financial Word of the Day: Budget Analysis Budget analysis is the process used to determine how well resources are being allocated. We at Rise Up Financial Freedom Solution's LLC go over with our clients the monthly income and expenses they provide and analyze what this information tells us. We conduct an analysis report because it helps with determining problem areas where spending needs to be trimmed. Different approaches can be used to determine where the money is going and where to cut costs. This also can help with showing how their DTI aka debt-to-income looks so that they can make sure they work on keeping it under 40%, however, our goal is to get them to 35% so there's wiggle room upon receiving a pre-approval. A QUESTION FOR EVERYONE... We're in the first week of this month, did you create your budget for this week? ...this month? If not, why not and what are you waiting for. Being proactive and planning ahead is key in meeting goals in a timely manner. Please like, comment, and share. Sharing is caring😊 Need help with preparing for your first home purchase? Let's have a conversation and you may book an appointment with me for a Discovery Call: https://bit.ly/3rgz0hi. I partner with #MortgageLenders, #Realtors, and other #RealEstateProfessionals to help them close more homeowners! The more you know, the more you can grow! #RiseUpFinancialFreedomSolutions #BeAboutYourCredit #Creditworthiness #Character #Capacity #Capital #Collateral #Conditions #CreditScoreIncrease #CreditScoreImprovement #BeAboutYourBusiness #CreditReport #CreditRestoration #Renters #Tenants (at Rise Up Financial Freedom Solutions LLC) https://www.instagram.com/p/CSHRNK9rlnx/?utm_medium=tumblr

[riseupfinancialfreedomsolutions]

Word of the Day: Notice To Quit (Notice to vacate) A notice to quit or vacate is a document a renter receives from the landlord as a first step in the eviction process. Avoiding an eviction is something that is beneficial to understand before signing a lease agreement. Due to the pandemic, this has become a huge issue for many families. If you are having trouble coming up with the money due to a temporary setback, contact the landlord and explain the situation. With the moratorium, renters have until July 31st, this Saturday, before landlords have the right to send a notice to vacate before filing a summary ejectment and complaint if you are behind on your rent. A QUESTION FOR EVERYONE... Have you been financially affected due to the pandemic and are behind in rent? Have you made any arrangements that will work out in your favor while you search for employment or another place to move to that's affordable? Do you understand that rent is going up more than it will ever remain "affordable"? Are you ready to find a way to prepare for homeownership? Please like, comment, and share. Sharing is caring😊 Need help with increasing your credit score, let's have a conversation and you may book an appointment with me for a Discovery Call: https://bit.ly/3rgz0hi. I partner with #MortgageLenders, #Realtors, and other #RealEstateProfessionals to help them close more homeowners! The more you know, the more you can grow! #RiseUpFinancialFreedomSolutions #BeAboutYourCredit #GettingIntoDebt #CollectionAgencies #ConsumerWorkouts #CreditCouseling #DebtSettlement #DeficiencyBalance #FinancialLiteracy #LawSuits #MortgageWorkouts #NoticeOfAcceleration #NoticeOfDefault #NoticetoQuit #PredatoryLending #CreditScoreIncrease #CreditScoreImprovement #BeAboutYourBusiness #CreditReport #CreditRestoration #Renters #Tenants (at Rise Up Financial Freedom Solutions LLC) https://www.instagram.com/p/CR7EvgThxnM/?utm_medium=tumblr

[riseupfinancialfreedomsolutions]

Financial Word of the Day: Financial Literacy Financial literacy is the state of being knowledgeable about personal financial management. This includes knowing how to balance a checkbook, read, and interpret lending agreements, and creating and maintaining a spending plan. Did you know that lack of financial literacy is one of the most prevalent sources of delinquent debt? Many individuals in debt fail to: - evaluate credit offers properly - do not understand interest rates and finance charges - are not proactive in the management of their A QUESTION FOR EVERYONE... How many of you were taught how to budget when you were a child? Do you know how to reconcile your receipts with what you've paid out every week or month? Do your child(ren) know how to fill out a check? Do your child(ren) know how to sign their name and read cursive? If I gave a free webinar on how to help your kids have a 750+ score before they reach the age 18, would you be present? Please like, comment, and share. Sharing is caring😊 Need help with increasing your credit score, let's have a conversation and you may book an appointment with me for a Discovery Call: https://bit.ly/3rgz0hi. I partner with #MortgageLenders, #Realtors, and other #RealEstateProfessionals to help them close more homeowners! The more you know, the more you can grow! #RiseUpFinancialFreedomSolutions #BeAboutYourCredit #GettingIntoDebt #CollectionAgencies #ConsumerWorkouts #CreditCouseling #DebtSettlement #DeficiencyBalance #FinancialLiteracy #LawSuits #MortgageWorkouts #NoticeOfAcceleration #NoticeOfDefault #NoticetoQuit #PredatoryLending #CreditScoreIncrease #CreditScoreImprovement #BeAboutYourBusiness #CreditReport #CreditRestoration #Renters #Tenants (at Rise Up Financial Freedom Solutions LLC) https://www.instagram.com/p/CR2iR70hYbE/?utm_medium=tumblr

[riseupfinancialfreedomsolutions]

Financial Word of the Day: Debt Settlement Debt settlement (also known as debt negotiation) allows consumers to settle their debts with a single lump-sum payment. To pay off the debt all at once, the debtor must come up with the agreed-upon amount. This may necessitate a period of time to save the necessary funds. In some cases, a debt settlement client deposits funds into an account. As money accumulates, the debt negotiator negotiates a lower settlement amount with the creditors. The alternative holds promise for consumers who have significant debt and want to avoid declaring bankruptcy. Typically, debt settlement clients must endure a period of increased debt collection activity while ceasing to make regular payments to their creditors. For many debtors, however, this is a viable alternative to Chapter 7 bankruptcy. A QUESTION FOR EVERYONE... ARE YOU RELUCTANT TO SEEK HELP WITH YOUR DEBT ISSUES? DO YOU FEEL THAT THEY ARE PRIVATE MATTERS OR IS IT SOMETHING ELSE? DO YOU THINK IT'S A SIGN OF WEAKNESS? WE KNOW THAT DEALING WITH DEBT IS NOT PLEASANT AND THAT IT CAN CAUSE UNWANTED STRESS AND ANXIETY. YOU DON'T HAVE TO DO THIS ALONE, WE'RE HERE TO HELP. Please like, comment, and share. Sharing is caring😊 Need help with increasing your credit score, let's have a conversation and you may book an appointment with me for a Discovery Call: https://bit.ly/3rgz0hi. I partner with #MortgageLenders, #Realtors, and other #RealEstateProfessionals to help them close more homeowners! The more you know, the more you can grow! #RiseUpFinancialFreedomSolutions #BeAboutYourCredit #GettingIntoDebt #CollectionAgencies #ConsumerWorkouts #CreditCouseling #DebtSettlement #DeficiencyBalance #FinancialLiteracy #LawSuits #MortgageWorkouts #NoticeOfAcceleration #NoticeOfDefault #NoticetoQuit #PredatoryLending #CreditScoreIncrease #CreditScoreImprovement #BeAboutYourBusiness #CreditReport #CreditRestoration #Renters #Tenants (at Rise Up Financial Freedom Solutions LLC) https://www.instagram.com/p/CR1PDHJh6rJ/?utm_medium=tumblr

[riseupfinancialfreedomsolutions]

Financial Word of the Day: Collection Agencies A collection agency is a company used by lenders or creditors to recover funds that are past due, or from accounts that are in default. Often, a creditor will hire a collection agency after it has made multiple failed attempts to collect its receivables. Collection agencies usually work in one of two ways: 1. The original creditor sells or ‘assigns’ your debt to the collection agency because the amount you’re paying isn’t enough for them. The contract you signed with the original creditor allows them to do this after your account has defaulted. They sell the debt at a reduced amount so they get a lump sum of money. The collection agency becomes the legal owner of the debt and makes its profit by collecting the whole amount from you. 2. The original creditor still owns the debt, but they use a collection agency to contact you. The collection agency will often be paid a percentage of the money they collect. You can usually tell which of these applies by checking where letters from the debt collection agency ask you to send payment. If they ask you to continue paying the original creditor, it’s likely the debt will still be owned by them. QUESTIONS EVERYONE... ARE YOU EXPERIENCING A LOT OF CALLS FROM DEBT COLLECTORS? HAS IT INCREASED SINCE THE PANDEMIC? DO YOU KNOW HOW TO BEST HANDLE THEE CALLS AND UNDERSTAND YOUR RIGHTS AS A CONSUMER? Need help with increasing your credit score, let's have a conversation and you may book an appointment with me for a Discovery Call: https://bit.ly/3rgz0hi. I partner with #MortgageLenders, #Realtors, and other #RealEstateProfessionals to help them close more homeowners! The more you know, the more you can grow! #RiseUpFinancialFreedomSolutions #BeAboutYourCredit #GettingIntoDebt #CollectionAgencies #ConsumerWorkouts #CreditCouseling #DebtSettlement #DeficiencyBalance #FinancialLiteracy #LawSuits #MortgageWorkouts #NoticeOfAcceleration #NoticeOfDefault #NoticetoQuit #PredatoryLending #CreditScoreIncrease #CreditScoreImprovement #BeAboutYourBusiness #CreditReport #CreditRestoration #Renters #Tenants (at Rise Up Financial Freedom Solutions LLC) https://www.instagram.com/p/CRyzqGpBwSW/?utm_medium=tumblr

[riseupfinancialfreedomsolutions]

Word of the Day: Mutual Funds A mutual fund is a company that collects money from multiple investors and invests it in securities such as stocks, bonds, and short-term debt. The mutual fund's portfolio is made up of all of its holdings. Each share represents an investor's stake in the fund and the income generated by it. Need help with increasing your credit score, let's have a conversation and you may book an appointment with me for a Discovery Call: https://bit.ly/3rgz0hi. I partner with #MortgageLenders, #Realtors, and other #RealEstateProfessionals to help them close more homeowners! The more you know, the more you can grow! #RiseUpFinancialFreedomSolutions #BeAboutYourCredit #Bonds #FixedRate #401K #MutualFunds #MortgageBroker #Grants #IRAs #PredatoryLending #Points #VariableRates #SubprimeLending #Stocks #SelfEmployedRetirementPlan #RetirementIncome #Refinancing #CreditScoreIncrease #CreditScoreImprovement #BeAboutYourBusiness #CreditReport #CreditRestoration #Renters #Tenants (at Rise Up Financial Freedom Solutions LLC) https://www.instagram.com/p/CRxbPcSBRbL/?utm_medium=tumblr

[riseupfinancialfreedomsolutions]

Word of the Day: Points A mortgage point equals 1 percent of your total loan amount — for example, on a $100,000 loan, one point would be $1,000. ... Typically, you would buy points to lower your interest rate on a fixed-rate mortgage. Need help with increasing your credit score, let's have a conversation and you may book an appointment with me for a Discovery Call: https://bit.ly/3rgz0hi. I partner with #MortgageLenders, #Realtors, and other #RealEstateProfessionals to help them close more homeowners! The more you know, the more you can grow! #RiseUpFinancialFreedomSolutions #BeAboutYourCredit #Bonds #FixedRate #401K #MutualFunds #MortgageBroker #Grants #IRAs #PredatoryLending #Points #VariableRates #SubprimeLending #Stocks #SelfEmployedRetirementPlan #RetirementIncome #Refinancing #CreditScoreIncrease #CreditScoreImprovement #BeAboutYourBusiness #CreditReport #CreditRestoration #Renters #Tenants (at Rise Up Financial Freedom Solutions LLC) https://www.instagram.com/p/CRvD4GQhN4d/?utm_medium=tumblr

[riseupfinancialfreedomsolutions]

***BREAKING NEWS*** ARE YOU AND YOUR FAMILY PROTECTED? Please watch the video from CNN on some insightful information that you may benefit from. In this video the cover: Rent relief efforts slowly ramp up as millions could soon face eviction. - Who will get rent relief in time - Eviction off-ramps and diversions https://www.cnn.com/2021/07/23/homes/emergency-rent-relief-eviction-moratorium-feseries/index.html Need help with increasing your credit score, let's have a conversation and you may book an appointment with me for a Discovery Call: https://bit.ly/3rgz0hi. I partner with #MortgageLenders, #Realtors, and other #RealEstateProfessionals to help them close more homeowners! The more you know, the more you can grow! #BelindaTV coming soon #BeAboutYourCredit #BeAboutYourFinances #RiseUpFinancialFreedomSolutionsLLC #BeAboutYourBusiness (at Rise Up Financial Freedom Solutions LLC) https://www.instagram.com/p/CRre_P9hWAV/?utm_medium=tumblr