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Credit Coaching by Kristi

Credit Coaching by Kristi

By Kristi
Your Credit Coach Kristi will share with you her years of experience in analyzing credit reports and share with you thoughts, tips, and knowledge on how to optimize your credit score and maximize your credit understanding. Listen to the guidance of someone who has deep insight into the world of credit and credit scores. Visit
or email

NMLS #754092
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Personal Loans, Pay Day Cash Advance and Title Loans
What do you do when you are in a financial bind? 36% of Americans can't cover a $400 emergency with cash. There are somewhere around 21,000 cash advance locations around our communities throughout the US. There is a financial epidemic and it's costing us more than ever to borrow money in a pinch. Listen it to some of the statistics of personal loans, pay day cash advance and car title loans. You see the commercials and stores, now learn what you need to know about them. There is a cure for needing these kinds of terribly high cost loans.
September 15, 2022
National Consumer Debt
Our debt as a nation is increasing at rapid speed, which is scary because a financial storm is brewing. In just one month, our nation took on much more debt than anticipated. Yeah, the Fed Reserve tracks what they think those numbers should be. What does this mean for us, the consumers? What is happening with rates and payments? Listen in as Credit Kristi lays some foundation that she will be building on, because soon this IS going to affect you.
August 23, 2022
When We Hear "Interest Rate" - Which One? There Is More Than One?
You are likely hearing a lot in the financial arena about rates going up. But what rate are they talking about? There are various rates that affect different parts of your finances, so listen in as your Credit Coach breaks down the three different interest rates that most affect you: the Fed Funds rate, Prime Index Rate and the 10 Year Treasury Yield. Say what? It's not as boring as you might think- and important to have an overall idea of what each one is.
August 10, 2022
Debt Consolidation vs. Debt Restructuring
If you are looking at ways to reduce your debt and trying to learn about the different options out there, listen in to learn about debt consolidation and debt restructuring affect your credit and long term goals.
July 28, 2022
How Hard Are You "Working On Your Credit"?
I hear a LOT of people tell me they are "working on their credit" but that can mean everything from: I kind of care now and will try to avoid collections to paying off "bad" debt and righting the wrongs.  This is a re-record of the original "How hard are you willing to work" since it was my most listened to episode and my 2nd episode I ever recorded- and I sounded terrified and didn't edit out the mistakes and big blank moments. Oh well! So I re-recorded the same info and hopefully it's easier to listen to! Listen it to see what Credit Kristi recommends to actually work hard to heal your credit.
July 07, 2022
Credit Card APRs Are Going To Change
It's all over the news- rates are going up. And there is no exception to credit cards. I have some warnings for you in this episode about what is going to be happening in the world of credit cards with payments, APR (interest rates) and how this will effect you. You may be tempted to do an "opt-out" but please do not. It can have terrible ramifications for your credit profile. What should we do with these rate increases- how should I plan? Credit Kristi has some helpful suggestions. Thanks for listening!
June 21, 2022
What Are Specialty Consumer Reports?
I am often asked if banking information such as NSF (Non-Sufficient Funds) fees and negative balances left for the bank to close the accounts. These types of transactions are typically not reporting anywhere on your "regular" credit report. However, there are various specialty reports that this information and all sorts of other information report to. Listen in to get an overview and here is the link to the PDF version of the report from the Consumer Financial Protection Bureau:
June 07, 2022
How to Rebuild Your Credit Score
Has your credit score been lower than you desire it to be? Or did you start off struggling as a broke college kid/young adult with very little guidance on how to create a credit profile that reflects well for you? Join the masses that seem to be in the same very big boat. There is something you can do about it! Let's get into action with the proper steps to rebuild a credit profile that reflects positive money management and provides you a high credit score that will save you money when you go to borrow for things like a car loan or home loan.
May 23, 2022
7 Ways That Good Credit Helps You!
Credit is so much more than a number you can brag about at dinner parties. LOL  Your credit score can affect a lot of things, or even keep you from qualifying for certain things. A poor credit score can negatively impact your finances and cash flow and a great score can help you build up net worth with lower interest payments, allowing you to pay your debts off with greater ease. Here are my thoughts on the top 7 ways good credit can help you!
May 11, 2022
Answering some Frequently Asked Questions on Credit and Scores
Every situation is different. But for many of us, we have some of the same main questions when it comes to credit and credit scores like what about a new credit card? Debt Utilization and why my score always changes and looks different, depending on where I view it. Your credit coach addresses these questions in this episode. To purchase Kristi's book for first time home buyers: NMLS #754092
May 02, 2022
BIG Changes with Medical Collections beginning July 1, 2022 and It Will Benefit YOU!
There are big changes FINALLY coming to credit profiles when it comes to medical collections. Some 70% of millions of credit reports have some kind of medical collection reporting. Collections can have a significant negative affect to your credit score and overall profile and with these changes, millions of people will benefit! 
April 19, 2022
Interview with a Small Business Credit Expert!
Interested in knowing more about how to start and establish small business credit? I got S.E. Day of For Small Business Only, to share his tips and suggestions on how to establish business credit effectively and quickly. THE RIGHT WAY! He has started dozens of businesses and has more authority in this field than most people put together. Let's listen in and follow his advice on how to get started the right way if you are starting a small business. Start with your State Department of Corporation. Create a business.  Apply for an EIN through IRS: Dun and Bradstreet: Start a business bank account with a local bank or credit union, get a few business checks to start off with  to set up your NAICS code for industry classification code Magic Jack for landline for your company: to establish a foundational account/Net 30  "primary piece of establishing credit to get charge accounts and structured loans"   Thanks for listening!
March 23, 2022
Credit Protection Acts
Listen in as Credit Kristi shares information on the 5 credit acts that have been created to protect our credit information, what can and cannot be reported on credit to prevent discrimination, and the handling of debt collections.
March 08, 2022
Interest Rates Are Going UUUUPPP!
One thing is clear, everything is costing more. But I have many people asking me about rates, and they often confuse mortgage rates with other types of interest rates out there. Listen in as Credit Kristi explains mortgage rates, the Fed Funds rate and the Prime Index rate. There is a difference, they each have their own role, and it all impacts YOU. Want a simple but thorough budget? Email me at
February 26, 2022
Are You "Working On Your Credit"?
I speak with so many people that say they are "working on their credit." When I ask them what that means to them, they share all sorts of answers but it is often along the lines of: paying my bills on time, not allowing new collections, or disputing prior negative accounts. That's just maintenance and a little temporary help. If you have prior negatives, and they are truly yours, disputing will be a temporary fix and the dispute removed within 30 days. You you should be paying your bills on time anyway! That is not "working on" that is simply maintenance. Working on credit should mean improving. So removing or settling past mistakes (sometimes, not always!), getting new and positive tradelines and keeping your debt utilization low. That is "working on" your credit profile. Lower credit scores costs you more in interest charges so work on getting your scores as high as possible!
February 19, 2022
How Your Credit Scores Impact Insurance Costs
It's a shorty but a goody. Did you know that your auto insurance, homeowners insurance (or renters insurance) can cost you more if you have a lower credit score? It's true! Washington State is trying to change that and made a new rule that is going into effect in March 2022, however, the insurance associations are trying to fight it. Many people don't realize just how deep the cut can be if you have lower credit scores. It can even impact insurance.
February 10, 2022
What Is The Difference Between Collections and Charge Offs?
You have likely heard of a charge off and a collection, but what is the distinction between them? What makes them different and should I pay it or ignore it? Does a charge off mean I don't have to pay it? Listen in as your coach explains the difference and the impact each can have on your credit profile and credit report.
January 26, 2022
The Top 5 Money Problems in America
According to a survey I just read about, I share with you the top 5 problems we face when it comes to money. Do any of these apply to you? Do all of them? Listen in to learn what the majority of those surveyed shared in their responses to their top money problems. Source: USA Today with the survey conducted by Money Rates
January 18, 2022
What to Know About Credit Repair Companies and Should You DIY?
Hey friends! I am asked ALL the time about credit repair companies. You can't just erase past mistakes, although you can clean up inaccurate or erroneous information. Learn what can and cannot be removed or changed on your credit report with these helpful tips from your coach.
January 08, 2022
Tips to Not Overspend This Holiday Season
The holidays can get the best of us! Crazy schedules, overstretched budgets, dinner parties, get togethers, and all sorts of tidings and joy!  Don't break the bank and don't max out those credit cards! Listen in for some tips on how to create your list (check it twice!), set a limit and keep track of your spending.  Happy holiday to you! Wishing you the best this holiday season. Thanks for listening!
December 10, 2021
What can I negotiate on my Credit Card?
Did you know there are certain things you can negotiate on your credit card terms? From the date your bill is due to be paid to your APR, there are several things you can control when it comes to your credit card.  Listen in to learn some tips and pointers from your credit coach.  @Credit Kristi on all social media platforms
December 01, 2021
Changes to Credit Reports for Mortgage Loan Approval
Big changes coming into the arena for credit profiles when it comes to what is reported and HOW it is viewed with the scoring model. If you are working towards becoming a homeowner in the near future, listen in! In less than 5 minutes, you will learn 2 major changes taking place right now in the mortgage world when it comes to viewing credit.
November 23, 2021
What is Ultra FICO?
Have you heard of Ultra FICO? It's in a "pilot" phase right now but is taking an interesting twist to create a credit score for you if you have no credit or very little credit reflecting on your credit profile. With an estimated 53 million Americans that don't have enough credit established to generate an accurate credit score, this could benefit them. Are lenders accepting this Ultra FICO score? And what do you have to do to be part of it? Listen in as your Credit Coach, Credit Kristi shares some information about this program. 
November 05, 2021
What About Credit Repair Companies?
I am asked about credit repair companies quite often. In full disclosure, I haven't personally worked with them. I just know that MOST credit reports I see don't require hiring a credit repair company. In most cases, it's a matter of paying off or making right some past wrongs, getting on time payments and current debts reflecting on your report and cleaning up some inaccuracies that might appear. It's a HUGE industry making a ton of money so listen it to see if credit repair is something you need to pay for. You might be able to correct and improve some things on your own.
October 21, 2021
5 Things I Wish I Knew Earlier In My Life
Being in my 40s, I can tell you some lessons we have to learn the hard way, and some we CHOOSE to learn the hard way because we just don't always listen to those wiser and more experienced. I wish I had someone teaching me and guiding me financially and with my credit decisions so it didn't take me years to bail out of my poor money choices.  Listen in as you credit coach discusses 5 things she wished she learned earlier in life. Maybe you can avoid a lesson learned the hard way!
October 13, 2021
Interview with a Bankruptcy Attorney- Shawn Yesner of Crushing Debt Podcast
Shawn Yesner is an attorney in the Tampa Bay area specializing in Bankruptcy and Foreclosure Law. Tune in as I ask Shawn some questions regarding how much debt should you be in to consider a bankruptcy, what about student loans, your home, and even IRS debt? He covers that! And check out his podcast called Crushing Debt and his website, Contact Kristi at
September 30, 2021
Fannie Mae Makes Changes Regarding Credit Scores
Fannie Mae, the entity that creates the guidelines that most banks and lender abide by has recently made a major change to the credit score used for approval. This is a MAJOR change to allow more buyers to qualify and to serve a wider market. Listen in to this short and sweet episode to learn of the newly implemented change. Can this help YOU? YouTube Channel: Your Loan Superhero  and also  Credit Kristi
September 22, 2021
Recent College Graduates- This One's For You!
Hey graduate! First of all- congrats to you!!! So proud of you! Okay- so NOW what? Out of college, into career- and what kind of teaching or training have you had on how to manage your bills, not get caught up in (more) debt, how to get out of debt, and manage your next steps well? Give me 13 minutes and I have a great overview on steps to help get you started!
August 31, 2021
Success Story: Chatting with homeowners Nick and Brooke
Ever feel like success is for other people? That it can't happen to you or for you? I want to introduce you to an awesome couple, Nick and Brooke. They believed that too. But thankfully, they listened to some people in their lives, got into action, and are living a very different life this year than years past. They didn't come from money, no hand outs, no special programs. They sought advice, got into action, created a budget and decided to stop living in a state of scarcity! You too are worthy of abundance! It starts with changing our mindset, getting into action to remedy our wrong doings, and in that responsibility, comes reward. Listen to their story, and perhaps yours can be just as successful. I believe it can! YouTube Channels: Credit Kristi and Your Loan Superhero
August 21, 2021
What is Credit Card Stacking?
If someone or a company suggests you use a strategy called credit card stacking to leverage available credit to buy something large- think twice! Better yet, think twice more- it is usually NOT a good idea and I have experienced the "offer" of this before and so grateful I didn't do it. But I know of people who have and get absolutely buried in debt and feel like they are stuck because most of their payment is now going to interest and not paying down that balance. It could be a trap and will catch you and pull you down. Be careful if using this method of borrowing to purchase is something you are considering.
August 11, 2021
Experian Boost
You may have seen commercials for Experian Boost- what is it and how can it benefit you? The commercials indicate an improvement in your credit score- but how much and by what means?
August 03, 2021
Let's talk about bankrupcty
No one wants to discuss, but let's talk about bankruptcy. Why do most people who end up in a bankruptcy to begin with? What kinds of bankruptcies are there and how do they help? What kind of implications does this create on our credit profile and how will this effect a future mortgage loan application? Every State has different laws and requirements. I am in Florida and so I reference what is common for the State of Florida, your State might be different. Credit Kristi reviews all of this. Come hang out for 11 minutes to learn some basics.
August 02, 2021
The Negative Cycle of Money (it's a trap!)
The source of many people's money problems is not having an emergency fund- no cash on hand- and have to borrow for most things. It's a trap, this cycle we get caught in. It starts and ends with no savings.  Break the cycle, and take ownership of your finances! Let's connect on Social Media: IG, YT, FB and TT: @creditkristi
July 15, 2021
How hard are you willing to work to improve your score?
It's easy to want to be better at something... but are we willing to put in the work? You will - if you want it badly enough! In this episode, I share some ideas and tips on how to improve your score, and some advice is going to make you work extra hard! But if you want results, we have to start with change. Let's do this! PS- This is my 2nd episode I ever recorded, and you can hear the fear in my voice! I tried to edit out the large gaps of dead air, and it got saved as a new episode. Sorry! :)
July 05, 2021
Joint Credit
What is joint credit? When I get married, does our credit merge? What happens if my spouse has terrible credit and I don't? I get these kinds of questions all of the time and I would like to shed some light on this topic. Listen it to learn about joint credit reports (is that a thing?!) and joint tradelines. Let's get social! @Credit Kristi on IG, YT, FB and TT!
June 28, 2021
Statute of Limitations (of debt) vs. Length of Time Bad Credit is on your report
I have been asked recently about a collection account that was listed on a credit report, and there was a lot of mis-understanding about how long something reports on your credit report vs. when a creditor can sue you, create a judgement or ask the courts to make you pay an obligatory debt. So I wanted to explain what a Statute of Limitation is and also how long derogatory events stay on your credit report. Here is a link of all the States' length of limitations: and the CFPB's definition of Statute of Limitation:
June 17, 2021
What to know about Medical Collections
Collections... stink! 1 in 3 Americans have collections and of those, 50% are medical collections. So what do we do about them? How do they report on your credit report? Can you get the collection removed off of your report? Listen in to learn more about collections and how they impact YOU! connect with me on Instagram, YouTube, Facebook and TikTok @CreditKristi
June 08, 2021
How Do Student Loans Affect My Credit Report?
With 45 million people walking around with student loan debt, there is no doubt there are some questions about how it reports to your credit, what is important about how it reports to your credit (and what is not), and what you need to know about Federally backed student loans that can have a lifetime impact on your credit report.  Did you know that student loans are exempt from Statue of Limitations? Meaning if you don't pay, those collections don't drop off! And you cannot rid your student loans in a bankruptcy. There are some really important tips to know when it comes to government backed student loans and your credit profile. Listen in as Credit Kristi shares some important takeaways to know. Instagram, Facebeook, YouTube and TikTok @CreditKristi
June 01, 2021
How do YOU Pay for Problems?
If we aren't prepared, many of life's unexpected events can turn into larger financial problems. It's essential we start with a foundation and then carry out a plan to be the master of or our money. But where do you start? Listen in as your coach gives some examples she has either personally experienced or saw others that started a financial hole and getting buried in credit card debt. It doesn't HAVE to a "robbing Peter to pay Paul" scenario all of the time. We can get ahead of the surprises, and be ready for whatever life throws at us. Connect with me on Instagram, YouTube, Facebook and TikTok  @ Credit Kristi
May 25, 2021
What is APR?
I know you have heard this term: APR. A.P.R. Huh?  What does it mean? I used to have a very bland and basic definition of it....I mean, I knew had something to do with finance charges and interest paid over time, and bank-talk. You too? In this episode, listen in as Credit Kristi breaks it down to have a basic understanding of the definition, how it effects you and your finances over time.  Let's connect! @Credit Kristi on Instagram, Facebook, TikTok, and YouTube.
May 10, 2021
FICO vs. VantageScore: 2 Types of Scoring Models
Did you know there are DOZENS of scoring models out there? There are the big 2 that we will focus on: FICO and VantageScore. Although they are similar, there are several very important differences. 90% of lenders use FICO as a scoring model. Listen in to learn the differences and how it effects YOU!
April 28, 2021
Get Ready- Collection Agencies will soon be able to message you on Social Media
It blows my mind to believe that the Consumer Financial Protection Bureau (CFPB) will allow collection agencies to private message you (unlimited amounts of times, mind you!) on your social media accounts- all without having to prove you are the owner of that debt. God help you if you have a common name!  Listen in and please reach out, I would love to hear your perspective on this. email me at
April 17, 2021
Does It Hurt My Score To Freeze My Credit?
Wondering if freezing your credit profile is the right thing for you to do? Listen in as your coach explains what a credit freeze is, if it affects your credit score and how to put it on and lift it off. It's not the same thing as a fraud alert, so Credit Kristi will explain what that is as well. Especially if you are going through or are recently divorced, consider freezing your credit as an extra layer of protection from unwanted credit inquiries. Connect with me on YouTube, Facebook, Instagram and TikTok @CreditKristi
April 05, 2021
What about Disputes?
I get a lot of questions about disputes- what is it? Why would I dispute a derogatory item reporting on my credit? Should I dispute something I don't like being reported? How does a dispute effect me? Listen in to learn the quick and dirty about disputes!
March 10, 2021
Back to Basics- Credit 101 for those getting started with credit
Are you or someone you care about just getting started in the realm of credit? If you are looking for basic knowledge on decisions to make to start your journey, listen in! If I were talking to my 18-year-old self, I would follow this information. Share with someone in your life that you want to see get some basic guidance on the first few things to know when it comes to credit. First credit card to consider opening, balance you keep and reminders to make sure you don't miss a payment! It's been a year of podcast making for me! And I thank you for listening!
February 24, 2021
What does Dave Ramsey say about credit?
If you follow Dave Ramsey, chances are you LOVE Dave Ramsey. I know I am a fan. However, you may have heard him speak of credit in a way that may not settle so well with your intuition. Your gut says, "sure Dave, if you have lots of money in the bank to pay cash for things, you don't NEED credit, but for the rest of us, when you need to borrow, you need the proper credit profile." At least that is what mine was saying when I heard him say having credit (debt) is bad, bad, bad. And for some people, that may be very true. Some people may constantly live outside of their means by overspending, overcharging, and splurging. Some people may shop for therapy or fill every single little gratification.  But for the rest of us, likely the majority, having a credit profile by borrowing money for a car, house and education may not bury us. And for some of us, we truly use the credit card for the rewards. At any level, I truly believe with everything in me you cannot get through life without having a credit profile. Employers, insurance companies and lenders use this as a measuring tool of your ability to manage money. Not a measurement of wealth, but showing your "behaviors" when it comes to paying on time and how much you borrow.  What are your thoughts? I would love to hear from you! Even if we don't see eye to eye, I grow in this life by learning of other perspectives and will keep an open mind to hearing yours.
February 17, 2021
Investing Pitfalls - Interview with Investment Strategy Coach -Jennifer Foster
Jennifer Foster is my guest this week and she shares about The American Dream Experience, which I am super stoked about attending (virtually) and I hope you will too! She also shares about common pitfalls when it comes to investing. I don't think this could be any more timely with what is happening in the stock market current day. If you would like to reach out to Jennifer Foster: or 561-744-9516. to reach Kristi
February 05, 2021
Co-Signing for Loan - What you need to know
As a loan officer, I see hundreds of credit reports a year and many times, I see that being kind to a family member or friend and co-signing to help their situation has turned out to bite you in the rear. If you are researching implications of being a co-signer, listen in! This is VERY important info to know. You NEED to know what you are "signing up for" if you are considering being a co-signer on someone else's debt obligation.
January 23, 2021
Is 0% Balance Transfer A Smart Choice?
You may be seeking solutions post-holidays on how to pay down those credit card balances. And if you are like most people, you are paying interest rates in the teens and twenties for your APR on your credit cards. Most of your minimum payment (nearly all!) goes to your interest portion, not the balance paydown! How frustrating! Listen in to see if transferring your current credit card balance(s) is a good idea for you. There are 3 BIG warnings you need to know about that your credit coach will share to make sure you read and understand the 'fine print' and also behaviors that you need to be aware of in your own life so you don't bury yourself deeper in debt while seeking a way out of the credit card balances.
January 15, 2021
Pay Down Those Credit Cards As Your Financial Resolution
You are likely starting get (or will be getting) your credit card statements rolling in from the holiday shopping sprees.... OUCH! Listen in to a gentle nudge, a little knowledge dropped and some encouragement to get into action to pay down those credit card bills!
January 06, 2021
Thoughts On How To Maximize Your Stimulus Check
Did you know that HOW you receive money often dictates how you spend it? It's true! The psychology aspects shows that when money comes to us in an unexpected form, such as a gift, tax refund, bonus or a government stimulus check, that we spend it differently than if it were earned income. Want to do more than just spend/splurge it? I have some ideas on how you can maximize your stimulus check if you are seeking some thoughts outside of what that little voice is saying to do with it. Ideas for saving, paying down debt, or even helping a neighbor by giving to a non-profit who needs it the most. I encourage your ideas and thoughts at or come visit me on FB or IG @CreditKristi. Happy New Year!
December 31, 2020
Credit Card Late Payments? That Payment History May Be Keeping You Down!
I recently learned a tip that I applied for my own credit, and it worked! So I am sharing this with you. If you have late payment history on a credit card, that payment history may be hurting your score when all other items on your credit are in good standing. There are LOTS of people who have a great credit profile, and perhaps one credit credit that had a late payment or two in the past. If this is you or someone you know, then listen in! Consider this action that I did because I too had a(n accidental) late payment hit my credit just this year. I hope this tip works for you, too!
December 23, 2020
Crushing Debt Podcast: Interview
This week I am doing things a little different! I was a guest on Shawn Yesner of Yesner Law in Tampa, his podcast called Crushing Debt. Shawn is a Bankruptcy Attorney and provides excellent guidance for those seeking debt alternatives and options which may include bankruptcy. My goal is to teach about credit so hopefully we can all better manage our money to handle what life throws at us. But some situations are unavoidable and you will want to right representation in your corner if you need to consider a bankruptcy. Shawn and I chat about all things credit.
December 10, 2020
Can I Negotiate My Interest Rate Down?
Have you ever wondered if it is possible to have a lower interest rate on your existing credit cards? It's possible!! Listen in for tips and guidance on when you should ask for an interest rate reduction so more of your payment goes to paying down that balance!
December 02, 2020
Should I Close That Credit Card?
Whether there is a balance or not, don't close that credit card! But ESPECIALLY if there is a balance- do NOT close that account! I see people do it out of emotion..."I'll show you.... I won't do business with you anymore" Only to learn it hurts their credit score and not the credit card company to do that! Or sometimes the thought it, "I have had this card since college and the interest rate isn't great" and so the card gets closed. But if that is your longest standing tradeline and you just ended it? That could really hurt your credit history (since it is based on the longest OPEN tradeline).  Listen in for a quick lesson and guidance from Credit Kristi.
November 18, 2020
Debt Consolidation and How it Affects Your Credit
There are several types of debt consolidation actions one can take to get out from under it. There are 0% balance transfer options, payment reduction programs, counseling options and loans that you can get that could potentially offer a better rate/payment than high-interest rate credit cards. What I do know to be true, is one day you may wake up, like I did, and feel so smothered by the debt load, it didn't feel like there were any options to get out from under it.   There are options, it is just a matter of knowing and understanding that there are resources and steps you can take. Depending on your choice to handle your debt will have an impact on your credit profile, history and score. So listen in, get to know your options and get into action.
November 11, 2020
Warning: Creditors Are Reducing or Closing Credit Cards
Between May 2020-July 2020, credit card companies have reduced limits or closed credit cards entirely and involuntarily to more than 70 million people. This number may be growing as economic concerns linger and the pandemic continues.  With millions of people unemployed, millions not paying their mortgage, and many unknowns during this crazy year (then add an election in there!), credit card companies are scared they are going to be left holding the bag. Much like what happened back during the last recession, credit card companies are trying to limit their exposure to loss. However, if it is a credit card that you have had for many years, its closure can hurt your credit history and a reduced limit can hinder a great debt utilization factor which in turn would lower your credit scores.  Listen in for your warning and a few suggestions to help protect yourself as much as possible.
November 03, 2020
What Do I Do About Collections?
Many people have collections on their credit report. Some it seems its their only things reporting, and others are devastated when a collection appears and may be unsure what to do now.  There are different types of collections and the age, or how long it has been on your credit report has a lot to do with what might be the recommendation of how to handle it.  Now although I am not a credit repair agency nor can paying or not paying a collection have an adverse effect that is different than your goal, just having an understanding of collections can help you better decide what to do to handle that situation. Medical vs. non-medical, true debt vs mis-reporting... it all has an impact on your if it hits your credit. Listen in to learn more!
October 27, 2020
Building A Credit Profile Without Taking On New Debt!
Looking to build a credit history but not really excited about opening a credit card or taking out a loan? There are a few ways in which you can have a positive credit profile and even great credit scores without actually "borrowing money." Listen in to 4 ideas from Credit Kristi as she explains how you can have a great profile without having to take on debt.  @CreditKristi on FB, IG, and YT
October 20, 2020
Forbearance and Deferment of Your Mortgage Can Have Some Big Impacts!
There are literally millions of people in deferment or forbearance of their mortgage loan, and many more considering this route. This year sure has given a beating to many people. If you are in or considering one of these options, please listen in as there are some ramifications that are possibly unexpected. I think those regulators that jumped in so quickly in March/April to bring about the CARES Act, that they didn't know the impact of a word. I think they intended on allowing a deferment, but said the word forbearance. And you will learn these are two very different animals. However, if you are intending on refinancing or getting a new purchase mortgage loan in the near future, you may be halted because of this regulation that lies underneath a deferment or forbearance. 
October 06, 2020
Let's Get Real About Credit- It's That Important!
If you are looking to borrow money for a purchase of a car or home, you NEED a good credit score to not have to overpay in higher interest rates and unnecessary finance charges. It's THAT important! I have many people I speak with saying they have a great job history, money in the bank but they have a terrible credit score. I need you to hear this- we need to have a credit score that at least meets the minimum requirements before any of those other (important) factors matter. They do matter, but only AFTER you have the proper score. So let's commit, let's get into action and get those scores up so we can save you a ton of money over the life of that next loan. ***Please forgive the qualify- my computer picked up the wrong microphone and sometimes, it just doesn't make sense to re-record! 
September 22, 2020
#1 Tip To Improve Your Score ALMOST Immediately!
Looking to have a big improvement to your score, almost immediately? Listen in for my favorite tip to help make this happen. Now, it won't make any "bad" credit go away, but it will help drive your score up with longstanding history added and additional debt utilization in the mix of things. 
September 12, 2020
What Are Those Remarks Listed Under My Credit Score?
If you have recently applied for credit, you know that about a week later there is something in the mail indicating the credit score that was used and the many reasons why your score "is what it is." if you have great credit, these reasons are going to make you mad! Because every one listed sounds derogatory! You could have a nearly perfect credit rating and have had great credit established for dozens of years... you will still read "risk factors" listed about your credit score. Rude! I am not sure why the bureaus go about it this way, but if you are looking for a compliment, it's not coming in these remarks- NO MATTER WHAT! Listen in to hear some of the remarks listed under nearly perfect credit and maybe you won't feel bad when you see your own!
September 08, 2020
What is Credit Karma?
Ever wonder what Credit Karma Many people have asked me, so I have answered! Listen in to learn what Credit Karma is up to and although they provide several of your "scores" for free... they have a motive!
September 03, 2020
How Bad Does A Late Payment Hurt My Credit?
Ever wonder the impact one late payment can have on your credit? I know we have all been there- you get busy and forgot about that credit card payment that was due or thought something was set up on auto pay only to learn it didn't really "take" and now... you are late on your payment and it's being reported on your credit report. Let's dive in to what kind of impact that has on your credit score and credit profile in today's episode.
August 18, 2020
Will disputing negative information on my credit report help me?
When discussing credit, I often hear people that have negative marks on their credit report say they are going to dispute those marks. All fine and well if it is actually not accurate. But if you truly forgot to pay that last utility bill when you moved last (and ended up with a collection) or you really did forget to make that credit card payment (and ended up with a 30-day late payment) then a dispute is only a temporary help to your credit score. When that dispute is investigated and proven to be valid, the dispute is removed and your score is impacted negatively. But there is a potential BIGGER problem when you have disputes and are applying for a mortgage. Listen in for more!
August 11, 2020
Let's Bust Some Credit Myths!
There is so much misunderstanding when it comes to credit and what is reported, what is not, what matters and what does not. Listen in as I demystify a few myths out there when it comes to what is reported or important on your credit. 
August 03, 2020
Interview with Dustin Owen: ALL about credit!
What happens when 2 Loan Officers get together to talk about credit? A fun, informative, helpful conversation that just happened to get recorded happens, that's what! Here's the YouTube link if you would like to watch AND listen in: Dustin sets up the questions, and we banter about some of the most important aspects of credit. This information matters when you go to get approved for a loan, so listen in and learn as we discuss why credit scores are different from your Credit Karma scores when we pull for a mortgage, what affects your scores the most, and what to avoid doing that hurts your credit scores. Interview with Dustin Owen: The Loan Officer Podcast and with Regional Manager and LO with Waterstone Mortgage, Orlando, FL
July 23, 2020
What is a Rapid Rescore?
Let's say you are applying for a loan and your score is lower than you thought, than you desire, and than what is needed for the best interest rate possible. There is a term that is important for you to know, it's called a Rapid Rescore and it can save you a LOT of money in interest fees over time if you know about it.  Listen in to learn this term and how it might apply to your situation if you are applying for debt (loans)  in the future.
July 07, 2020
Forbearance Awareness! (Borrower Beware)
We have offers coming at us for forbearance on our student loans and mortgages. Listen in- as it has some pitfalls. Major need to know: if you are in forbearance for your mortgage, you may need to pay 3 months of on time payments after the forbearance in order to refinance or get a purchase mortgage loan. Also, a forbearance can effect your score, even though you are not late! Just the act of listing it as a forbearance can negatively impact your score. You need to know a few facts. Give me 8 minutes, I will give you great nuggets of info!
June 30, 2020
Should I Get a Credit Line Increase On My Credit Card?
Ever wonder if increasing your credit limit will help your score? Your situation? Your financial snapshot?  I gotcha covered- listen in to answer if you should get a credit line increase on your credit card. I share when it is best to and not to, and on what kind of card you make the request. Remember me talking about becoming an authorized user on someone else's card? I will compare and contrast these two ways of building your credit and debt utilization as they can have different results. 
June 24, 2020
Secured vs. Non-Secured Debt
There is a difference between secured and non-secured debt. And it reports as such on your credit report as well. Listen in and learn what makes them different and also those differences have in your money and credit goals.
June 17, 2020
"Pay To Delete" - Collections
Perhaps you have heard of this term or just wondering if it is possible- if I pay off a collection, can it or will it be deleted? Listen in to learn what can be deleted when paid and what cannot when it comes to collection accounts. 
June 11, 2020
What's Important On Your Credit Report If You Are Applying For a Mortgage?
I am asked ALL the time what underwriters are looking at when they are reviewing credit for approving a loan. There are MANY factors that go into a loan approval, but when it comes to your credit history and report, listen it to learn what is most important to know about what is needed for credit approval.  Other factors go into determining approval, so this episode is a general overview of the credit portion of the application. 
May 30, 2020
The Impact of A Repossession
I know how hard it is to get by... just getting through to the next pay day, sometimes we feel really stretched. What happens when your car has issues, and it's the shop (AGAIN!!!) and now you are making repairs and car payments. I know many people, unfortunately due to lack of savings and a cash emergency fund, have to forfeit making their car payment to pay for repairs. After all, what good is paying for a car you can't drive? Well, it has a terrible impact on your credit. Listen in how a late payment becomes a collection, becomes a repossession becomes a charge off or potentially a lien against you. It has some devastating effects, so do whatever you can to avoid being in this terrible situation. Kristi gives some tips to avoid the trap that we often find ourselves in when it comes to our cars.
May 20, 2020
What Is The Difference Between A Charge Card And A Credit Card?
Is there a difference between a charge card and a credit card? We tend to use those terms interchangeably. However, they are in fact two different kinds of tradelines. And the differences can be quite stark, so listen in and learn what makes them different and what impact those differences have on your credit.
May 12, 2020
When Do Creditors Report To The Credit Reporting Agencies?
Ever wonder when your credit report will be updated? Is it the first of the month? Is it only once a month? How often and when do my creditors report? Listen in to learn.... I used to think it was the start of the month, starting with a clean slate and recently updated information. Boy was I wrong! Because of the ways your creditor report, your credit score can (and does) change all the time. 
May 09, 2020
How To Survive This Time Without Maxing Out Your Credit Cards
With millions of people unemployed or furloughed, it is going to prove to be a challenging time to pay bills and put food on the table. Since delivering groceries taking on a (temporary) part time job isn't an option for many or most people, listen in for suggestions to stretch the dollar and avoid putting bills on your high-interest credit cards. This too shall pass! Let's stay in gratitude and stay focused on the big picture.
April 13, 2020
What Is a Dispute and What Do I Need To Know?
You may have heard about disputes but unsure what to do, when to do it, how to do it, and if it will even help you. Listen in to learn some details about disputing errors and collections that are reported on your credit report.
April 13, 2020
How Much Does Interest Cost Me?
It's often SOOOOO easy to just swipe the credit card for a purchase or to sign a few papers and get another semester paid for. But have you looked into what it actually costs you, in dollars and cents, when you borrow money? We know we are paying "interest" to borrow, but have you seen the numbers? Warning: this should hurt! I want you hate how it feels in the cost to borrow money. I am exposing in this episode what the actual monetary cost is to you. 
April 06, 2020
What is a good credit score and what gets reported on my credit report?
What is a good score? 620? 700? Wonder where you line up in the world what is considered a "good" credit score? Listen in to find out what a good credit score is in Kristi's opinion, and how to keep or increase your score. And what reports to your credit report, anyway? Does your bank balance report? Marital status? Payment history? Find out now!
April 01, 2020
How To Protect Your Credit During A Divorce
Going through a divorce can be messy, emotionally devastating and have a horrific effect on your your well-being, and your credit. Many people experience plunging credit scores due to their actions they have to endure going through a divorce with additional costs and expenses and experiencing so much change at one time. Listen in to learn some tips to protect your credit and finances during this tough time.
March 30, 2020
Car Loans and Student Loans- What you need to know
Most of us have a car loan, so what happens when you pay that car loan off,  either paid in full or selling that car and getting a new one.  How does that effect your credit score? And what impact does student loans have on your credit report? Listen in for tips!
March 24, 2020
Credit Inquiries: Soft Inquiries vs. Hard Inquiries
Inquiries have an effect on your credit score. An impact of 10% of what makes up your credit score.  There is a difference between a hard and a soft credit inquiry, often referred to as a  "pull." So what is a soft inquiry and what is a hard inquiry? Listen in! 
March 20, 2020
What you need to know about 0% credit card offers
Ever feel like something is too good to be true? Please use caution when accepting a 0% interest only credit card- if that time runs out and you are not prepared, it can REALLY cost you. Don't learn this lesson the hard way! Listen in to learn some tips and what to be weary of when it comes to these offers from creditors.
March 09, 2020
What hurts my credit score the most?
Credit scores can change in an instant! What has the biggest impact and why? Listen in to learn the top 5 things that can have a negative impact on your credit score so you can be in the know and avoid these actions to protect your score. 
February 24, 2020
Meet your Coach!
Welcome! This episode is an introduction to your coach, Kristi, and an overview of topics, tips, ideas, and suggestions that will come from future episodes. Kristi has analyzed over 2500 credit reports and has a deep understanding about what is important for an optimal credit score.   Kristi is not a credit repair agency. She is not here to sell her services. Your coach simply wants to present information that she knows and may people don't so that they too can have a great credit score and thus not overpay in interest like one might with a lower credit score. Let's face it, the lower the score, often the higher the rates you pay when you borrow money. Don't get mad, get knowledgeable! NMLS #754092.  Company NMLS# 210950. Certified Mortgage Planners is an Equal Housing Opportunity Lender. Rates, loan programs, fees, options and guidelines in any loan scenario are for illustrative purposes only, subject to change without notice,do not represent a commitment to lend.1331 S International Pkwy Ste 2251Lk Mary FL NMLS #210950
February 22, 2020