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Credit Management
Why good credit management? Because good credit is needed to purchase items with favorable lending terms – and in some cases, employment.

About Money
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Consumer Financing Needs
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| What's Need to Qualify for Financing | ||||
| Lenders use several criteria to qualify an applicant for home or financing financing. The most important criteria include: | ||||
| 1) the home/or auto appraisal: the appraisal is the value of the asset (home or auto) that is being financed. You can borrow up to the appraised value of the home or auto. |
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| 2) your credit rating: your credit report is used by banks and other lending institutions to determine your credit worthiness. The report can be a factor in a lending institution's decision to approve or decline your application. You should review your credit report for any errors before applying for a loan. |
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| 3) your capacity to repay (income ratios): lenders analyze two ratios when qualifying the applicant for financing - the "housing ratio" and the "debt-to-income" ratio. If these ratios are too high, you may not qualify for financing. |
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| 4) your employment: lenders like to see applicants in good, steady employment. Lenders will verify your income with your employer or your filed tax statements. |
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Managing Your Credit
Receiving a notification that your application for credit has been declined feels like a heavy door slamming shut on your plans. Whether you were hoping to secure a mortgage for a new home, finance a vehicle, or simply open a credit card for daily expenses, that rejection letter can bring a sudden wave of stress and uncertainty.
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Scrolling through social media feeds or browsing search results reveals a shifting conversation around money. The dialogue isn’t just about stocks or cryptocurrency anymore; it has turned inward, focusing intensely on the day-to-day reality of what we owe.
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The Game of Life
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Higher Learning: What To Know When Applying for College
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About Home
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Life-Event Centers
| Helping You Make Life Decisions | ||||||
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| Helping You Make Life Decisions | ||||||||
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| Helping You Make Life Decisions | ||||||
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