Your Credit Defines Your Creditibility

In the second edition of Your Credit Defines Your Credibility Chayo Briggs discusses a pathway to understanding what contributes to an excellent credit rating. We know such issues are daunting, but you may need to borrow money from a lender, so it's important to know how credit scores are calculated. American's have faced uncertain times over the last year with the pandemic, making the need to establish a good credit score even more important.

A great place to start is deleting toxic accounts such as collections, inquires, charges-offs public records. As a highly successful real estate investor for over twenty years, Briggs is driven to obtain the highest standards for his clients.

As America undergoes some drastic changes in the coming years, building passive income is the holy grail of personal finance. These additional streams of income can take an initial investment and turn it into a sole source of income. Chayo shares some of his favorite Real Estate Investment opportunities to help you build passive income for the future.  

Briggs understands the key to success comes through life experience; for that reason, he assists clients in procuring their prosperous future, breaking the chains of financial distress. His advice on credit and finance has been featured in numerous books and magazines, such a Courbee Revolucion Magazine, Enjoy Life Magazine, Nuestro Mundo, Curvy Girls Slay Magazine, Changing Lenses Magazine, The Ultimate Black Man Magazine, Queen-size Magazine, Diva Naires Magazine, Just For Me Magazine, Elissa Gabrielle Entertainment Magazine, G-Entertainment Magazine and numerous other publications.

Table of Contents

Disclaimer 3

Acknowledgments. 4

Author Bio. 8

Preface. 10

Introduction. 11

Chapter One: Your Credit Profile. 12

Chapter Two: What is Credit?. 21

Four Types of Credit 21

Why Do You Need Credit?. 22

Chapter Three: Side Effects of Bad Credit 25

What is Debt Collection?. 29

Debt Scams. 33

Bankruptcy. 44

Bankruptcy Schedule C.. 59

Chapter Four: How is Your Credit Score Calculated?. 64

Chapter Five: Hard and Soft Credit Inquires. 82

Credit inquiries. 82

Chapter Six: Bank Accounts and Credit Scoring. 87

Chapter Seven: Debt vs Income Ratio. 93

Chapter Eight: Dealing with Negative Credit Issues. 96

Chapter Nine: Credit Report in Minority Environments. 117

Chapter Ten: Fixing Your Credit 122

Chapter Eleven: Dispute an Error 145

Chapter Twelve: Identity Theft 161

Credit Fraud Prevention Kit 171

    Consumer Resources. 176

    History of Credit Bureaus. 179

Equifax Inc. 179

Experian plc. 184

TransUnion. 191

Glossary. 194

References. 219