Artwork

Контент предоставлен Sergio Hernandez | Omar A. Martinez. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Sergio Hernandez | Omar A. Martinez или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
Player FM - приложение для подкастов
Работайте офлайн с приложением Player FM !

The Importance of Credit

12:35
 
Поделиться
 

Manage episode 380195426 series 3453727
Контент предоставлен Sergio Hernandez | Omar A. Martinez. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Sergio Hernandez | Omar A. Martinez или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.

Struggles with Early Credit: Omar shares his early struggles with obtaining credit, mentioning how he was repeatedly turned down. He eventually started building his credit history with a secured credit card.

Learning the Hard Way: Omar talks about the mistakes he made, such as maxing out his credit card and paying over-limit fees, before learning how to manage his credit better.

Credit Scores and FICO: The hosts discuss the importance of FICO scores, which range from 300 to 850. A higher score means better rates and easier qualification for loans.

Credit Utilization: They emphasize the importance of keeping your credit card utilization rate under 35% for a better credit score.

Credit Myths and Mistakes: The hosts warn against common mistakes like closing old accounts, which can hurt your credit score, and falling for department store credit card offers just for a discount.

Learning from Parents: They suggest that young people should talk to their parents about credit, whether their parents have good or bad credit, to learn what to do or what not to do.

Financial Literacy: The hosts lament the lack of financial literacy education and suggest that young people should be added as authorized users on a family member's credit card to start building credit.

Real-Life Impact: They stress that good credit is essential for almost every aspect of life, from getting a job to buying a home. Poor credit can cost you thousands of dollars over a lifetime.

The hosts encourage listeners to take their credit seriously, as it can significantly impact their financial future.

Hosted by:
Sergio Hernandez
DRE#01190068 | NMLS# 108378
Instagram
Omar A. Martinez
DRE# 01290170 | NMLS#108525
Instagram
All information is for informational purposes.

  continue reading

25 эпизодов

Artwork
iconПоделиться
 
Manage episode 380195426 series 3453727
Контент предоставлен Sergio Hernandez | Omar A. Martinez. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Sergio Hernandez | Omar A. Martinez или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.

Struggles with Early Credit: Omar shares his early struggles with obtaining credit, mentioning how he was repeatedly turned down. He eventually started building his credit history with a secured credit card.

Learning the Hard Way: Omar talks about the mistakes he made, such as maxing out his credit card and paying over-limit fees, before learning how to manage his credit better.

Credit Scores and FICO: The hosts discuss the importance of FICO scores, which range from 300 to 850. A higher score means better rates and easier qualification for loans.

Credit Utilization: They emphasize the importance of keeping your credit card utilization rate under 35% for a better credit score.

Credit Myths and Mistakes: The hosts warn against common mistakes like closing old accounts, which can hurt your credit score, and falling for department store credit card offers just for a discount.

Learning from Parents: They suggest that young people should talk to their parents about credit, whether their parents have good or bad credit, to learn what to do or what not to do.

Financial Literacy: The hosts lament the lack of financial literacy education and suggest that young people should be added as authorized users on a family member's credit card to start building credit.

Real-Life Impact: They stress that good credit is essential for almost every aspect of life, from getting a job to buying a home. Poor credit can cost you thousands of dollars over a lifetime.

The hosts encourage listeners to take their credit seriously, as it can significantly impact their financial future.

Hosted by:
Sergio Hernandez
DRE#01190068 | NMLS# 108378
Instagram
Omar A. Martinez
DRE# 01290170 | NMLS#108525
Instagram
All information is for informational purposes.

  continue reading

25 эпизодов

Все серии

×
 
Loading …

Добро пожаловать в Player FM!

Player FM сканирует Интернет в поисках высококачественных подкастов, чтобы вы могли наслаждаться ими прямо сейчас. Это лучшее приложение для подкастов, которое работает на Android, iPhone и веб-странице. Зарегистрируйтесь, чтобы синхронизировать подписки на разных устройствах.

 

Краткое руководство

Слушайте это шоу, пока исследуете
Прослушать