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    Super Prime vs. Subprime

    Friday, January 27th, 2017

    The Super Bowl has become an unofficial American national holiday.  Over 100 million people are expected to watch and it is second only to Thanksgiving for U.S. food consumption.  Players from the 2017 winning team will earn $97,000 each and the losers will earn $49,000.  Not bad for one hour of work. The average pay […]

    0% Financing can be a Holiday Bust – 3 reasons why

    Wednesday, November 23rd, 2016

    Free money for 12 months, how can you go wrong with 0% financing?  According to credit expert, John Ulzheimer, it can adversely affect your credit in these three ways: Utilization – You could be ramping up your credit “utilization” percentage. Retailers often open a store credit card and max out the credit limit with the […]

    Credit Invisibles – 5 Ways it is Costing You

    Tuesday, June 28th, 2016

    According to a recent report by the Consumer Financial Protection Bureau (CFPB), 26 million American consumers were credit invisible, representing 11% of the adult population.  An additional 19 million consumers, representing 8.3% of the adult population had credit records that were categorized as unscorable because of insufficient credit history or a lack of recent history.  […]

    Half of Homebuyers Want to Improve Credit Scores Before Buying

    Tuesday, April 26th, 2016

    One in four American consumers don’t qualify for an FHA loan due to low credit scores.  But according to a new Experian survey, 45% of future buyers have delayed a purchase to improve their credit score and one in five are likely to opt out of the loan process all together for the next 5 […]

    10 Credit Myths

    Monday, April 27th, 2015

    Let’s discuss 10 common credit myths and how to correct them. Since Americans are generally uneducated regarding credit reports and credit scores myths are just floating around out there and no one knows the reals answers. Well . . Premier Credit to the rescue! 1. The credit bureaus are required by law to send you […]

    Credit Myths

    Wednesday, January 15th, 2014

    Topping the charts as the most misunderstood credit myth today is the impact of paying off collections on one’s credit score. Myth #1: If you pay off a collection account, it will always result in an increase to your credit score. This is false and can be very misleading. Unpaid collection accounts negatively impact credit […]