First time home buyers credit-divorce and your credit-part 2

If you're a first time home buyer facing the prospect of divorce, taking the right steps now will ensure that when the time comes to buy your first home your credit won't be a stumbling block.

In our first post we recommended  getting a clear picture of your credit by creating a spread sheet of all your accounts (joint and separate).  Your credit consists of two types of accounts unsecured (credit cards) and secured (installment loans) and each needs to be evaluated differently.

Thanks to Linda Ferrari, President of Credit Resource Corporation for this game plan.

STEP 2: ACTING ON THE INFORMATION

Read the complete article