Credit score


August 3, 2018

“I would rather be debt free than have a perfect credit score.” — Holly Johnson

Managing credit is something from which we can all profit, and that is not just a play on words.

Before the days of Credit Karma, Experian and Equifax, how was credit determined? When Nicki and I made our first real-estate purchase in 1975, Gertrude Meyers, then president of what was to become BancCentral, seemed more interested in my father’s co-signature than in the value of the purchase. A co-signer promises to pay the note if the borrower defaults.

It’s not so simple today. Having 20 percent down or collateral...

For access to this article please sign in or subscribe.


Reader Comments(0)


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2024