Building and Repairing Your Personal Credit

One of the most important factors in obtaining loans for your business is your personal credit history. The class will walk through the process what lender look for and how you can improve your chances of approval by improvement you credit to get the best rates or those with credit issues, improve it just a qualify. The class with talk about how to do these things.

Most of us could use a little improvement in our scores. If you have average credit, you might want to bump it into the “good” range. Someone with good credit might want a credit score upgrade to an “excellent” rating. And, if your credit rating is poor, it’s especially important that you work to improve your situation.

Rebuilding your credit, whether you have been through a bankruptcy or divorce, or whether you have made mistakes with your finances, doesn’t have to be complicated. As long as you have patience and create a plan, you can rebuild your credit and eventually obtain an excellent credit rating.

Talking points:

• Understanding the Fair Credit Reporting Act
• What goes into credit scoring?
• What are the three major credit bureaus?
• Removing erroneous, unverifiable, and outdated items deleted off reports
• How to rebuild my credit