Twenty-eight months ago, I got a call from a young mother of three who was recently divorced. Her ex had left her with all the credit card debt. Bottom line, her credit was a mess. This gal was working a full-time job, has a full-time job as a mother and wanted to buy a home.
The plan we put together was for her to pay off or settle the smallest obligations first. So many folks that get started with credit repair start with the largest obligation first – bad idea. When someone does it that way, it will seem like an impossible mountain to climb.
It took two years for her to clean up all her credit and get her credit scores to a point that I could get her a mortgage. I handled the preapproval, referred her to a Realtor, Home Inspector, Attorney and Insurance agent.
She purchased a home and is moving in this weekend. For me, it doesn’t get any better than that. I am truly blessed to have the opportunity to make a difference in many lives, some just a little more special than others.
The Power of Troubled Borrower Credit Management
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