By: Freddie Stewart

You really want to buy that house but you don't have enough credit to swing it. You have been denied several times by different institutions when you apply for a credit card. Sounds familiar? You are experiencing a credit crisis.  This simply means that your credit score is not high enough for lenders or financial institutions to take a risk on you. For creditors, a low credit score is seen as a financial risk.

Your credit score is the one that suffers when you incur unpaid debt. Your credit score is affected by numerous things such as whether you pay your bills on time, whether or not you borrow a lot of money from numerous accounts, the amount of time you've been borrowing, and the types of credit you're using (auto loan, mortgage, credit cards, etc.) The more negative marks you have on your credit report such as late payments, bankruptcies, etc., the lower your credit score.

1. You could be denied credit from credit card companies simply because you low credit score infers that you are a high-risk borrower and not a good candidate for credit.
2. If you do get a credit line, the interest will probably be higher than usual to discourage you from incurring too much debt.

It's not the end of the world when you have bad credit, poor credit or low credit. Knowing what your credit score is the first step towards doing something about it. You'll be in a better position to know how to improve your situation. You'll become a better borrower able to qualify for better loans if you can improve your financial situation.

That’s where we come in.  Triumph Advocacy Group is here to help in your time of need.  In order to take on such an important problem in your life, you need someone that you can trust to be by your side every step of the way.  Our agents know the industry and will find the best and most efficient way to take care of your credit problem.