Tag: cost of credit

Frank Talk with Gilbert 9 – Give yourself a high credit score

Posted on by Bob MacLean

A high credit score – A gift that keeps on giving

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Eliminate debt and interest with debtmasters.ca

Who are these people who control so much of your ability to get credit? More importantly, how to do get (and keep) a high credit score?  It really is possible.  You just need to know how.

Starting today, Gilbert begins the discussion on credit scores with some really important basics.  

Pop quiz! Is your credit score a tool to help you buy bigger and more expensive things? 

Nope.

“They” want you to buy big things all right, but they want to charge you the maximum interest when you do. 

Learn how to buy the things you need while breaking the hearts of bankers and credit card companies everywhere.

What to know more? Contact us and find out exactly how you too can have a high credit score.

 

Frank Talk #1 – Debt to Income Ratio

Posted on by Bob MacLean

Start your financial education today by learning about the Debt to Income Ratio

Debt to Income Ratio

Have you ever heard of the Debt to Income ratio? Probably not. It’s something that few experts talk about. And yet, there might be no other bit of data that is more important to your credit score, and therefore how much you’ll pay when borrowing money. In this show, debt expert Gilbert Landriault, President and CEO of DebtMasters explains what it is, why it’s so gosh-darned important and what you need to be very careful of. Seriously, you need to take 15 minutes and find out what you didn’t know you didn’t know. 

Find out where you stand

It’s really no wonder that there are so many people in debt trouble today.  Think back on your schooling.  Did anyone tell you how credit works at any time in any grade?  If you did receive that kind of teaching, consider yourself VERY lucky.  

Why on earth are we taught Calculus in school, but never how to understand loans and mortgages?  Why are we taught by TV commercials and other ads how to spend to our maximum and use credit cards for thinks we like but not really need?  How come we aren’t shown how to invest?

Debt to Income Ratio - training from debtmasters.ca