We Need Credit Power Now More Than Ever!
Friday, March 14, 2014
Sunday, September 23, 2012
Lack of credit power and the desire to learn what it takes to qualify!
A borrower can only qualify for an “A” paper loan if they prepare in advance. The mortgage an applicant chooses is limited to their qualification. An applicant can understand the terms of the mortgage, but can only qualify and pay low interest rates by choice if they have credit power!
Many people do not have the desire to build their credit power or learn the difference in the types of mortgage loans available; therefore they sign loan documents they do not understand. During the latest real estate boom many applicants were not prepared but were willing to own a home at any cost.
I educate people on how to prepare to qualify for a good mortgage loan, types of loans available, how to build and protect their credit power and what questions to ask during the loan process.
The steps and importance of establishing credit power in order to purchase a home is also addressed in the book I just released. It's title is: CAPITALIZE on CREDIT POWER.
This book was written from experience and from my heart, because I really enjoy helping people. As a mortgage broker, I did not have the heart to saddle anyone with a sub-prime loan; therefore I helped people build their credit power so they could buy a home with a good loan.
Book excerpt:
This book is different. Its intent is to prepare the reader to become what I call a “Highly Qualified Applicant (HQA)”. A HQA is someone who knows a lot about how credit works, and has taken steps in their financial life to develop a measure of CREDIT POWER. The HQA as I envision them will have already done the necessary things in their financial life so they can truthfully answer the application questions and have a qualifying loan application result. I call them “Credit Masters”.
A “Credit Master” is a person who:
• Is prepared to answer the questions that will be asked on a loan application.
• Has available the documentation required by the lender.
• Knows many of the terms being used in the loan application process.
Find glossary at http://www.hud.gov/offices/hsg/sfh/buying/glossary.cfm
• Is financially literate to protect themselves from predatory lenders who take advantage of the general lack of knowledge.
• Has credit power and buying power.
• Will qualify for the best loan programs available.
Financial intelligence is necessary to build CREDIT POWER. Once you have reached the financial status you need to correctly document your qualifications you will be able to obtain the best loans available at the time you apply.
I saw the need a few years ago to educate people starting with high school senior age and up.
I plan to approach high schools and colleges and ask that my book be listed as suggested reading. It should be a required course in high schools and colleges.
Real estate agents and lenders use my new book, “CAPITALIZE on CREDIT POWER” as a test. If a non qualified borrower is not willing to read and follow the program in the book, why should they be willing to spend the time helping the borrower? The borrower must be willing to make the effort and unfortunately many do not have the desire to learn about mortgage loans or how to build their credit.
Having credit power also puts a person in a position to capitalize on a depressed economy.
I am interested in helping the entire country. If we all paid our bills on time, we would all pay lower interest rates.
Book excerpt:
Why do we need CREDIT POWER?
Your personal need for CREDIT POWER is for you to determine. The desire to have credit power must come from within you. No one can force it on you. CREDIT POWER has given me an easier and less stressful life. I know it can do the same for you.
After reading this book you will understand how you too can live easier and remove financial stress from your life. When you can make decisions based on your financial best interest, instead of making decisions in a panic mode, your stress will melt away. You will be able to pay lower interest rates by choice and waste less money on high interest rate loans. Credit will cost less when more people develop CREDIT POWER. We will all pay lower interest rates if more people pay their bills on time. When people default on their bills, someone else is going to pay. You and I are that “someone else”. Interest rates are inflated by lenders to cover the percentage of debts people never pay.
By spreading the word and educating our family, friends and customers, we can do our part to help reduce the inflated interest rate lenders find so easy to charge. As you have witnessed with the bailouts, we are now being forced through our tax dollars to pay for other peoples debts.
© 2012 Credit Whisperer®
Tuesday, November 8, 2011
Saturday, June 25, 2011
by Alexis Stuart
Credit Whisperer®
It takes more than a degree to be hired in your chosen field!
An excellent credit record is the key!
Parents, think before you pay for your child’s college education. A degree will not do all it should for your child if he / she has a bad credit record.
If your child is not willing to build and protect their credit, should you be willing to pay for their college education? Better yet, should your child go into big debt with school loans if they are not willing to build and protect their credit?
You must have an excellent credit record to get a job. Yes, employers are now running a credit check on applicants. If you have a bad credit record, they may not consider you for the job.
Anyone who has CREDIT POWER will benefit their entire life and have advantages not available to a person with mediocre credit or bad credit.
Remember, if your children decide to bypass building and maintaining a good credit record, your childrens’ friends that get this information may be passing them by!
Your children will be more successful and have a less stressful life if they invest at least two hours a week building credit power.
Buying things you want only prevents you from obtaining things you really need. Teach your children to prioritize their purchases to invest in tools they need for work and school, not things they want.
Give your children the list of steps below to help them prioritize their purchases:
Steps to Follow to Help You Prioritize your Purchases
Step one:
Make a list of everything you want now and in the future.
Step two:
Make a list of everything you need immediately and in the future.
Step three:
Prioritize each item on each list. Start with number one to designate the most important item.
Step three:
Make a note as to the immediate benefit each item will bring.
Step four:
Make a note as to which functions the item will benefit. (Such as business, school, etc.)
Step five:
Make a note as to whether the item is a tool to increase your income.
Step six:
Research the cost and whether or not you can afford each item.
Step seven:
Present your list to three people you respect and ask them which item they suggest you purchase first.
Step eight:
Evaluate the suggestions you received and make a decision on the most important item to purchase.
Step nine:
If you made the decision to purchase something you want, rather than need, you should start all over.
Step ten:
After realizing that you should be buying something you need, not want, check your finances, and then compare prices and purchase the item.
In the current financial crisis our country is in, and the lack of jobs, it is very important to think before to invest in an expensive college education. Most people know at least one person out of work who cannot find a job, or even you may be out of work.
If you make the decision to invest in a college education, choose a field where you can be your own boss. This will increase your chances of succeeding and rely less on other people. Starting your own business providing a service or consulting allows you to charge for your time with a lower overhead.
Remember, think before you invest. You or your children do not want to end up with a $100,000.00 school loan to pay off when you cannot find a good paying job.
Bio
Alexis Stuart, the Credit Whisperer®, Author of “CAPITALIZE on CREDIT POWER” and other educational material used by Credit Power Educational Foundation, Inc.
Alexis Stuart, is originally from Owensboro, Kentucky. Currently, she lives on the Central Coast of California. In her early career, Alexis was an officer in the following businesses: tenant screening; collection agency; process serving; private in investigation; eviction service; safe and lock sales and service.
Today, Alexis owns Music Biz, a musical instrument store in Santa Rosa, CA;
In House Homes & Loans; Credit Power Lending Group; PowerHouse Commercial; Alexis Stuart Enterprises; all located in Nipomo, CA.
Alexis is a California licensed real estate broker, mortgage broker, credit coach, and mediator. She is an active member of the CAR, NAR and a Mortgage Loan Originator (MLO) licensed through the National Mortgage Licensing System and Registry (NMLS).
For additional information go to:
www.creditwhisperer.com/GraduationGift.htm
www.creditwhisperer.com
www.thinkb4ubuy.com
www.creditpower4all.org
© 2011 Credit Whisperer®
Friday, November 19, 2010
"Capitalize on CREDIT POWER"
My first goal is to teach you how to build CREDIT POWER and become a Credit Master! The book is a powerful tool for people who have not yet established credit and have the desire to begin building CREDIT POWER correctly. Those who have gone off on the wrong track can also benefit from this program if they get started now.
My second goal is to teach Preventive Measures so you will never be in a situation where you need CREDIT REPAIR. I want to help you now, so you will not need credit repair later.
I want to empower everyone in the United States to have great credit, build CREDIT POWER, and become Credit Masters! I know it is a very big goal, but why not reach for the top!
I want everyone to have the advantage I did not have as a young adult.......... the knowledge of how credit works from behind the scenes. I call this building your CREDIT POWER!
I think anyone who has CREDIT POWER will benefit their entire life and have advantages not available to a person with mediocre credit or bad credit.
With your help we can boost the United States economy and stamp out poverty by teaching everyone how to build CREDIT POWER!
In the past many lenders manipulated the borrower’s loan application to falsely qualify the borrower for a loan. This practice likely contributed to the crisis in the financial market today. Falsely qualifying for a loan amount on which the borrower is unable to make payments profits the lender at the expense of the borrower who ultimately may face hard financial times or home foreclosure.
There are many books available on repairing credit, buying a home, mortgage lending, and financial investment advice, but this may be the only book available specifically written to help build and maintain CREDIT POWER!
This book is different. Its intent is to prepare the reader to become what I call a “Highly Qualified Applicant (HQA)”. A HQA is someone who knows a lot about how credit works, and has taken steps in their financial life to develop a measure of CREDIT POWER. The HQA as I envision them will have already done the necessary things in their financial life so they can truthfully answer the application questions and have a qualifying loan application result. I call them “Credit Masters”.
A “Credit Master” is a person who:
Is prepared to answer the questions that will be asked on a loan application.
Has available the documentation required by the lender.
Knows many of the terms being used in the loan application process.
Is financially literate to protect themselves from predatory lenders who take advantage of the general lack of knowledge.
Has credit power and buying power.
The primary goal of CREDIT POWER is not simply to prepare you to qualify for a loan you later cannot afford or manage. The goal is to establish your financial status and to correctly document your qualifications to obtain the best loans available at the time you apply. In other words you need to increase your financial literacy.
The third goal is to teach you how to protect yourself from the vultures! There are millions of vultures out there who want to get their hands on your hard earned money anyway they can. I will show you many ways to protect your credit and your hard earned money.
If you would like to order the book or get additional information please visit my website CreditWhisperer.com http://www.creditwhisperer.com and submit your questions to alexis@CreditWhisperer.com
I hope you will enjoy the book and improve your future by following my suggestions for building and maintaining CREDIT POWER!
Wednesday, October 1, 2008
We need Credit Power now more than ever!
My first goal is to teach you how to build CREDIT POWER and become a Credit Master! The book is a powerful tool for people who have not yet established credit and have the desire to begin building CREDIT POWER correctly. Those who have gone off on the wrong track can also benefit from this program if they get started now.
My second goal is to teach Preventive Measures so you will never be in a situation where you need CREDIT REPAIR. I want to help you now, so you will not need credit repair later.
I want to empower everyone in the United States to have great credit, build CREDIT POWER, and become Credit Masters! I know it is a very big goal, but why not reach for the top!
I want everyone to have the advantage I did not have as a young adult.......... the knowledge of how credit works from behind the scenes. I call this building your CREDIT POWER!
I think anyone who has CREDIT POWER will benefit their entire life and have advantages not available to a person with mediocre credit or bad credit.
With your help we can boost the United States economy and stamp out poverty by teaching everyone how to build CREDIT POWER!
In the past many lenders manipulated the borrower’s loan application to falsely qualify the borrower for a loan. This practice likely contributed to the crisis in the financial market today. Falsely qualifying for a loan amount on which the borrower is unable to make payments profits the lender at the expense of the borrower who ultimately may face hard financial times or home foreclosure.
There are many books available on repairing credit, buying a home, mortgage lending, and financial investment advice, but this may be the only book available specifically written to help build and maintain CREDIT POWER!
This book is different. Its intent is to prepare the reader to become what I call a “Highly Qualified Applicant (HQA)”. A HQA is someone who knows a lot about how credit works, and has taken steps in their financial life to develop a measure of CREDIT POWER. The HQA as I envision them will have already done the necessary things in their financial life so they can truthfully answer the application questions and have a qualifying loan application result. I call them “Credit Masters”.
A “Credit Master” is a person who:
Is prepared to answer the questions that will be asked on a loan application.
Has available the documentation required by the lender.
Knows many of the terms being used in the loan application process.
Is financially literate to protect themselves from predatory lenders who take advantage of the general lack of knowledge.
Has credit power and buying power.
The primary goal of CREDIT POWER is not simply to prepare you to qualify for a loan you later cannot afford or manage. The goal is to establish your financial status and to correctly document your qualifications to obtain the best loans available at the time you apply. In other words you need to increase your financial literacy.
The third goal is to teach you how to protect yourself from the vultures! There are millions of vultures out there who want to get their hands on your hard earned money anyway they can. I will show you many ways to protect your credit and your hard earned money.
If you would like to order the book or get additional information please visit my website CreditWhisperer.com http://www.creditwhisperer.com and submit your questions to alexis@CreditWhisperer.com
I hope you will enjoy the book and improve your future by following my suggestions for building and maintaining CREDIT POWER!