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Your Credit Score...An Opportunity or a Challenge?

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Good returns are possible even in today's economy. But credit scores are more important now than ever before. Zillow cited statistics from MyFICO.com that showed for every 20-point increase in a credit score, the average low annual percentage rate offered drops by 0.12%. Credit scores over 720 had an average low APR of 4.3% on a conventional 30-year mortgage. Yet over 29% of Americans have a score under 620. If your business is selling homes then you are faced with an unprecedented pool of unqualified buyers that you must capture. Zillow chief economist Stan Humphries said homes are more affordable than in years, plus interest rates are at record lows. "But the irony here is that so many Americans can't qualify for these low rates, or can't qualify...at all." It costs more to live with bad credit than it does to improve your credit score. By one estimate, the cost to the average consumer is $3000 per year. Large deposits, high interest rates, absurd insurance rates,and lost employment opportunities are just a few of the challenges that low credit scores bring. Join guest speaker Jim Hogle as we have a frank discussion about credit scores and how to improve them permanently. James Hogle is a nationally recognized speaker, author, and "credit expert." He is the Executive Director of US Credit Restoration Association; Former President of Trust Financial, Inc., an Indiana Licensed Mortgage Broker with 15 years of experience, specializing in "credit challenged buyers." Jim sits on the boards of the National Association of Responsible Loan Officers (NARLO), and Hamilton North Chamber of Commerce, and is a Charter Member of the Indiana Mortgage Fraud and Prevention Task Force. He has been interviewed on radio stations and on TV as a guest expert for "Healthy Credit and ID Theft." Credit bureaus spend millions to convince you that nothing can be done about bad credit. Insiders know the truth about credit repair. Why don't you?

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