Prime Legacy Credit Services

Our website now has a blog with regularly updated articles on credit using tips and financial knowledge. Go check it out and tell a friend! https://www.primelegacycredit.com/blog Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation!... https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance See more

5 Some credit mistakes can be reversed quickly. Other seemingly small slip-ups can lead to full-fledged disasters. Mistakes that have long-running ripple effects hurt the most, says credit expert John Ulzheimer. Those batter your credit and stay on your credit record for years. 1. . If you have a high score, going 30 days late can knock as much as 100 points off your score and it stays on your credit report for s...even years. The damage gets worse if you let the account slide to 60 days past due, 90 days past due or more. 2. . Almost half of Americans say they would not file for bankruptcy no matter how much credit card debt they had. Some even have tapped or even emptied retirement savings in a desperate attempt to stay afloat. Retirement savings are typically protected in bankruptcy, but money already withdrawn cannot be recovered. 3. - . Co-signing so a friend or relative can get credit is often a mistake. If the primary borrower doesn’t pay as agreed, it can leave both your relationship and your credit in tatters. Even if the borrower repays as agreed, remaining on the loan can limit your borrowing capacity. Before you co-sign, ask if you can be taken off the loan at some point. Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance See more

It’s easy to think being completely debt-free is great, but financial experts say some debt is good debt. In the world today, credit is considered character, said Jessica Sharon, the Director of Financial Outreach at Pelican State Credit Union. In other words, if you don’t have credit, you don’t have character in the eyes of lenders, insurers and even employers.... You can open a low-limit credit card but use it wisely. The idea is you buy things on your card that you can already afford to pay back on time. You don’t want to spend more than 30% of your credit limit. Getting a small secured loan. Get a small secured loan where you borrow money from the bank you already have in your savings. Then, you practice and prove you can pay back on time. Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance

"For families that weren’t among the worst off, the pandemic brought credit relief in three major ways that allowed them to pay off their debts faster: They were able to use part of their stimulus checks. They saved money by not going out for dining, traveling or recreation. And rock-bottom interest rates let them refinance their homes and lower their monthly payments." Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free ...consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance See more

Watch Out! The Walking Debt Is Arising!

? Identity theft happens when someone uses your personal information to open new financial accounts, file tax returns or even make fraudulent medical claims. To minimize the damage, here are 10 steps to take once you realize you may be a victim of identity theft. File a claim with your identity theft insurance, if applicable. Notify companies of your stolen identity. ... File a report with the Federal Trade Commission. Contact your local police department. Place a fraud alert on your credit reports. Freeze your credit. Sign up for a credit monitoring service, if offered. Tighten security on your accounts. Review your credit reports for mystery accounts. Scan credit card and bank statements for unauthorized charges. Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance

1. . Prioritize what gets paid if your income is interrupted or money gets tight due to an extended outbreak: mortgage/rent, insurance, utilities, credit cards, vehicle loans, student loans and other obligations. 2. . An unintended late mortgage or credit card payment could cause the greatest damage to your credit, on top of fees and a possible increase to your i...nterest rate. Remember that with automatic payments you must have the funds available in your account prior to the date of withdrawal. 3. ? Overdraft protection taps into a savings account, credit card or second checking account if your account has insufficient funds to cover a transaction. This protection could help prevent declined transactions, returned checks or additional fees. 4. . If you live in an area where an outbreak has already hit, or one that is high-risk, have a conversation with your employer and learn what alternative methods may be available to get paid during disruptions. 5. . Some are specific to premium cards. Most credit cards require that a consumer opts in to overlimit fees or a transaction will be declined. You may be subjected to overlimit fees for exceeding your credit limit. This could have negative repercussions on your credit as your score may continue to drop as your balances get closer to your limits. Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance

. According to Experian’s Credit Snapshot of the Nation, the typical American consumer has an average credit card balance of $6,354. While that might not seem like a scare-worthy number, it means that total national credit card debt has risen above $1 trillion. You could buy 125 billion pounds of assorted Halloween candy with that kind of money the good stuff not cheap candy c...orn. . . Credit cards have high interest rates that can make paying off debt a terrifying task. If your credit card charges 18% in interest and you pay only the minimum payment each month, it could take you 297 months to pay off the average American credit card balance and that’s only if you don’t add on any debt in the meantime. Move aside Saw I, II, II, IV, V and VI. If you really want to be horrified, check out this study on CreditCards.com about which bacteria you could find on your favorite credit card. Here are just a few of their findings: the results suggested that plastic credit cards may be more susceptible to carrying different types of bacteria. - You might be thinking to yourself, How is this fact spooky? Well, if your childhood home becomes haunted and you are a sensible adult who decides to move to a new one rather than staying put (looking at you, Paranormal Activity), a lack of credit can mean getting denied for a mortgage. Which, unfortunately, means you’re stuck playing house with Casper for the considerable future. - This is the spookiest fact of them all. Consumers have spent over $1.4 billion over the past 15 years on Pumpkin Spice Lattes at Starbucks. Assuming most of those people used a Starbucks card to purchase those PSLs, that means consumers have missed out on up to $28 million in potential cash back rewards. It also means consumers could have collectively enjoyed 5.6 million more grande Pumpkin Spice Lattes. Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance See more

6 1. Most credit card companies will offer extended warranties on your product. Also, some cards may offer price protection: If the store you bought your dishwasher from advertises it for a cheaper price within a certain time limit, the credit card company will refund the difference. 2. If you deduct business expenses from your taxes, keeping track of what you spend is necessary ...and tracking expenses with a credit card can be invaluable and make business accounting a lot easier. Plus, smart use of a dedicated business card will help you improve your business credit. Many cards also provide cash-back rewards that can help with cash flow. 3. Even if they charge you an extra fee, it may be worth it. If there’s a problem, like you’re not satisfied with the work or it hasn’t been completed, the card company could be your advocate. The card also makes it easier to stop or withhold payments. . Shopping online with a credit card can provide you with many protections. If you receive the wrong item or just decide to return it, it’s a lot easier to do with your card. If you purchase something from a vendor site and never receive it, a lot of credit card companies will go ahead B V and refund you, then go after the merchandiser themselves. . Using your credit card to rent a car can save you money. Most cards already provide car rental insurance when rental fees are charged, so you don’t have to pay extra for it through the rental company. . It’s the easy way to book airline tickets, and some cards provide rewards points you can apply to future airline purchases. Many cards also provide insurance however you choose to travel, so even if you’re purchasing train tickets, you’ll receive cancellation protection and accidental death coverage. Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance See more

Depending on the card, the event, and the location, those privileges could include everything from special access to tickets (before everyone else, or at better prices) to backstage passes or celebrity meet-and-greets.... Leave the car and take off on 2 wheels for lunch or shopping. App-based bike sharing and renting programs, like Zagster, operate on credit cards. So you can be off having fun in no time without having to worry about hitting an ATM or cleaning out your pockets for change. It used to be that the farmers market was strictly cash and carry. But these days, thanks to the prevalence of affordable card scanners, small independent purveyors will often accept your favorite debit or credit cards, too, says Perez. On the first full weekend of each month, Bank of America and Merrill Lynch (credit and debit) cardholders are entitled to one free admission to more than 150 museums, science centers, botanical gardens and other venues in 98 cities, says Hillary Mendelsohn, author of the purple book: The Definitive Guide to Exceptional Online Shopping. If you’re a MasterCard World or World Elite customer, you might be able to get just that. The company sponsors the PGA Tour, so cardholders have access to a wealth of golf-related goodies, says Mendelsohn. They can get complimentary tickets to tournaments, special access to on-course lounges, discounted tee-times, and even one-on-one lessons with PGA Tour pros. Some cards will strike up deals with retailers that net its users a better price. And if you’re buying an item anyway, that means you get to keep more of your own money. So if you use a specific card at a certain store during a set time period, you’ll get the discount or free shipping or whatever else the merchant is offering. And it could be online or in the stores. Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance

I I I 1 . Start by creating a budget that outlines all of your income and your monthly expenses. This will help you map how much you have available to spend, and how much debt you can afford to take on and repay. 2 Show future lenders they can depend on you by borrowing only as much money as you can afford to pay back. A general rule of thumb is to ...spend no more than one-third of your income on debt 3 It is very important to pay your bills on time every month. Not only will you avoid late fees, but a large part of your credit score depends on how timely you are with bill payments. 4 You have to make payments on time each month, are paying more than the minimum payment whenever possible, and aim to keep your balance below around 30 percent of your credit limit at any time. If you pay your balance in full each month, getting too near to your credit limit can be a flag to potential lenders. 5 Keep an eye on your credit reports. This will help you catch and correct potentially costly errors such as fraudulent accounts you don’t recognize, loans you’ve paid off but still show up as open, and any incorrect personal information such as your address, employer, or marital status. Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance

! 1. Identity theft can take on many forms. It’s not always about someone getting a hold of your credit card number or Social Security number. You should check your credit report from each of the three national credit bureaus in the United States annually. 2. There is a danger of having too many credit cards. There are the obvious risks that it will n...egatively impact your credit score. It will also offer the temptation to charge more on your credit cards possibly. 3. Many financial experts recommend that you request one credit report every four months, rotating which credit bureau you submit the request through. This method will allow you to see each credit report every year and stay on top of potential issues to your credit report every four months. You will have to pay a fee to receive your actual credit score from the bureaus, though. 4. ’ If you don’t check your credit report very often, errors can linger on your report hurting your credit score. You should report issues and errors to the credit bureaus as soon as you find them.They don’t always talk to each other, though. So, you will need to report the error to each one separately. 5. When you shop around for quotes on loans to get the best interest rate from lenders, you’re a savvy consumer. They view several similar credit pulls in a short timespan as one. These pulls are typically only for items like cars and home mortgages.The first pull on your credit score will be a hard credit pull, which will show up on your credit report and affect your credit score. Prime Legacy has been the one-stop shop for all your credit needs since 2014. Contact us for free consultation! https://www.primelegacycredit.com/ (714) 494-6867 #PrimeLegacy #CreditRepair #FinancialHealth #CreditRepairForRealEstate #CreditRepairForLoans #Refinance

With restaurants closing, there's no more dining out or going to a bar to be with friends. We have to ...cook for ourselves or order delivery or curbside pick-up. With movie theaters, stadiums and arenas closed, we aren't spending money on the entertainment we once took for granted. Below are some changes that you might want to try out for yourself. . Most people have decreased the number of times they dine outa few of them going from 3 to 4 times a week to 3 to 4 times a month. All in all, it's a big savings for a lot of people. . With less discretionary spending, some people have decided to use the extra dollars to pay down debt. It's a way for them to use their discretionary money for more productive purposes. . We want to make sure we're only buying the things we need, not everything we want. This is a time for all of us to choose our priorities very carefully. . You might've heard the term "cash is king." In these unsettled times, having cash on hand is helping many people feel comfortable. . Some people have decided to take online coursesnot only to spend their time more effectively but to land a new virtual position using their new-found knowledge. This is a great time to learn the things you've always wanted to. Prime Legacy Financial Consulting has been serving our community since 2014, helping hundreds of customers overcome financial obstacles and achieve their goals. https://www.primelegacy.org/ (714) 494 6867 #financialplanning #financialhealth #realtor #lender #mortgage #financialhelp #opportunity #goals #sba #smallbusiness #loans #businessloans #covid19 #growth