Economic Empowerment
Climbing The Ladder To Success
"Get out of bed, Jerusalem! Wake up. Put your face in the sunlight. God's bright glory has risen for you. The whole earth is wrapped in darkness, all people sunk in deep darkness, But God rises on you, his sunrise glory breaks over you. Nations will come to your light, kings to your sunburst brightness.
Isaiah 60:1-3 MSG
And God blessed them, and God said unto them, be fruitful and multiply and replenish the earth and subdue it and have dominion over the foul of the air and over the cattle, and over all the earth, and over every creeping thing that creepeth upon the earth, Genesis 1:28
- Be fruitful - John 15:1-8 Produce Fruitit
- Multiply - Isaiah 54 - Increase, Enlarge
- Replenish the earth -
Isaiah 58:12 - Restore The
Waste Places
- Subdue it – Romans 8:31-39 Conquer, Gain Control
- Have Dominion Over - Luke 10:19 - Execute Authority Over
Hope Is On The Horizon
 | ||||||
Spring is here. The housing market is booming as motivated sellers look to sell their homes to equally motivated buyers. But, so many buyers fall short and miss out on the home of their dream. Why? Because many buyers go into the market without a clear understanding of their credit scores. Credit scores range between 200 and 800, with scores above 620 considered desirable for obtaining a mortgage. The following are factors that affect your score:
1.Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.
Your payment history. Did you pay your credit card obligations on time? If they were late, then how late? Bankruptcy filing, liens, and collection activity also impact your history.2.How much you owe. If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, it’s a good thing if you have a good proportion of balances to total credit limits.
How much you owe. If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, it’s a good thing if you have a good proportion of balances to total credit limits.3.The length of your credit history. In general, the longer you have had accounts opened, the better. The average consumer's oldest obligation is 14 years old, indicating that he or she has been managing credit for some time, according to Fair Isaac Corp., and only one in 20 consumers have credit histories shorter than 2 years.
The length of your credit history. In general, the longer you have had accounts opened, the better. The average consumer's oldest obligation is 14 years old, indicating that he or she has been managing credit for some time, according to Fair Isaac Corp., and only one in 20 consumers have credit histories shorter than 2 years. 4.How much new credit you have. New credit, either installment payments or new credit cards, are considered more risky, even if you pay them promptly.
How much new credit you have. New credit, either installment payments or new credit cards, are considered more risky, even if you pay them promptly. 5.The types of credit you use. Generally, it’s desirable to have more than one type of credit — installment loans, credit cards, and a mortgage, for example.
The types of credit you use. Generally, it’s desirable to have more than one type of credit — installment loans, credit cards, and a mortgage, for example.
| ||||||
| ||||
200 Kendron Avenue
Folsom, PA 19033
610-586-1300, ext.352
OR
610-203-8749
| ||||||
| ||||||
| ||||
