However his debt and tanking credit score rating had been catching as much as him, and earlier than he might purchase his personal home he knew he needed to sort out the issue.
“I nonetheless didn’t perceive credit score,” Rodriguez says. “I had a horrible rating within the 400s, and I didn’t know the way to repair it. I began studying loads and I taught myself loads, however realized I wanted assist.” He labored with a credit score counselor to make a plan to sort out the debt and challenged some errors he discovered on his report, too.
At the moment, Rodriguez is a well-respected and profitable actual property agent in New Jersey with greater than 20 years of expertise.
From $50,000 in debt to monetary professional
Shante Nicole Harris’ life modified dramatically when, at age 22, she was recognized with a uncommon type of most cancers. After a yr of therapy, Harris efficiently beat most cancers, however she started to fall right into a harmful entice: utilizing bank cards to complement her revenue.
The medical debt started to pile up and, coupled with decreased hours at her banking job due to her most cancers therapies, she resorted to charging all the things she might on her bank card to get by.
A couple of years later, the surprising lack of her job, adopted by divorce, led to ballooning debt ranges as Harris struggled to pay her authorized payments and help her son. As soon as once more, Harris needed to depend on bank cards as a result of she had no financial savings. As debt went into collections, her credit score scores hit a low of 520, leaving Harris uncertain of what selections she had.