Kathryn's Blog


Your Credit is Your Report Card for Everything

Thank you to Tagrid Shunia of Florida for writing this important article.  If you are considering rentaing a home instead of purchasing one, be aware that landlords are taking a close look at tenant credit reports.  Bottom line:  You must show that you are responsible with your finances whether you rent or own a home.



Your Credit is Your Report Card for Everything


Suze Orman fell off her rocker when she suggested that renting is better than owning, vise-versa Suze. Take Warren Buffet's advice, owning a home is better than renting one. In this market, even renting a home requires good credit.  If you have good credit, why not own a home? 

Your credit is viewed constantly, like a report card in everyday life. I have summarized six important topics of obtaining and retaining good credit.credit repair


1. Purchasing a home and maintaining one requires good credit.  


2. Renting a home, requires good credit. Reconsider your strategic default on your property; you may not be qualified to rent one.


3. Auto Insurance Premiums, good credit allows you the opportunity for lower rates.


4. Auto Loan Specials, whether it's a lease or purchase special, dealerships seek good credit applicants.












5. Loan Officer License, you must have a decent credit score to obtain your loan officer license. Realtors don't be surprised this rule will pertain to you as well, in the near future.


6. Job Application, Corporate America chooses good credit candidates over bad credit candidates 


Be ashamed of your bad credit, you may not realize, you pay for bad credit in other ways.


Tagrid Shunia

301 Clematis Street Suite 3000

West Palm Beach FL 33401

Office: 561.802.4445 or 866.885.5131

Email: info@firstprocapital.com

Web: www.firstprocapital.com





Putting Today's Technology Tools to Work for You


Text and photos copyright Kathryn J. Acciari unless otherwise noted. 
All rights reserved.




Sturbridge & Central MA Real Estate and More



twitter linkedin icon 


Kathryn Acciari, Brand Ambassador

Century 21 Real Estate LLC
175 Park Avenue
Madison NJ 07940

Serving Brokers, Owners, and Agents Throughout New England

Cell: (508) 982-0686   

Blog: Real Estate Blog
Twitter: @kacciari

Comment balloon 3 commentsKathryn Acciari • April 18 2011 07:46AM


This is a real wonderful Blog, I need to show this one around.  Thanks, Duane

Posted by Duane M. Brown, 303 882 7392 (Keller Williams Executives Realty) about 9 years ago

Hi Kathryn - I am renting a couple of apartments that I own.  The first question I ask is how is your credit?  I get all kinds of weird answers.  Is credit important?  My credit is lousy but I can afford the apartment.  It is amazing how oblivious people are to the importance of good credit.

Posted by Conrad Allen, Webster, Ma, Realtor (Re/Max Professional Associates) about 9 years ago

Very good subject for re-blogging.  Thanks for providing the information

Posted by C. Lloyd McKenzie, Living Albuquerque about 9 years ago