Recommended
Recommended
More Related Content
What's hot
What's hot (20)
Similar to Why your credit score matters
Similar to Why your credit score matters (20)
Recently uploaded
Recently uploaded (20)
Why your credit score matters
- 2. Our Mission and Vision Mission: • Guide clients out of debt • Update credit information • Construct authentic financial health through credit Vision • Reduce economic gap • Help clients understand and meet obligations • Strengthen community through simple tools
- 3. Spread the word! We’re here to help! Referral Partners: • Financial Advisors • Tax Preparers • Immigration /Business Attorneys • Bankers • Real State Agents • Loan Officers • Financial Aid Consultants • Social Workers • Insurance Agents Ideal Referral: • New Immigrants • DACA Beneficiaries • Foreign Students • People who don’t check credit • Small Business owners. • Families with children 14-20 • College Students • People with Bad/No credit • People who’ve been denied credit
- 4. Why your credit score matters. Bad credit can lead to: • Poor terms on loans • Higher monthly expenses • Lack of access to modern essentials …and these are just the financial strains!
- 5. People can get stuck in bad credit Bad credit becomes a cycle when • Expenses increase • Interest and fees pile up • Subprime and predatory lenders become only option …don’t get stuck!
- 7. How we work for our clients Our Process: • Free Consultation • Design a realistic plan • Reach agreement between both parties • Monthly follow-ups • Review HSG accomplishments
- 8. Here’s how we make the difference for you: We are experts in every aspect of our work: • Understand our community + clients • Conduct research for clients • Ensure lenders follow through • Accountable in our work • Over 50 years combined experience
- 9. Spread the word! We’re here to help! Referral Partners: • Financial Advisors • Tax Preparers • Immigration /Business Attorneys • Bankers • Real State Agent • Loan Officers • Financial Aid Consultants • Social Workers • Insurance Agents Ideal Referral: • New Immigrants • DACA Beneficiaries • Foreign Students • People who don’t check credit • Small Business owners. • Families with children 14-20 • College Students • People with Bad/No credit • People who’ve been denied credit
- 10. Twelve Great Riches of Life. A positive mental attitude Sound physical health Harmony in human relationships Freedom from fear The hope of achievement The capacity for faith A willingness to share one's blessings A labor of love An open mind on all subjects Self discipline The capacity to understand people Financial Security
- 11. “Bad credit is not a life sentence” • Free consultation • Jessica@hispanicsolutionsgroup.com • Direct # 612-275-1340 • Office # 612-460-5611 • Thanks you for your time.
Editor's Notes
- Our mission Guide our clients to options which allow them to get out of debt, update their credit information, and construct authentic financial health through credit. Our vision is a strong Latino community which no longer suffers from the economic gaps they face today. We will do this by helping them understand their responsibilities and meet their financial obligations, and strengthening the economic position of the commmunity with simple tools like credit. Sound credit is key to success in many areas of life. Let’s talk about how having good credit can make all the difference.
- 1 – Explain table: Higher rates + Restrictive loan terms 2 - 95% of auto insurers and 85% of homeowners insurers factor credit into their policy decisions. If you don’t stack up well on these metrics, you’re likely to pay higher premiums than someone with better credit on an otherwise identical policy 3 – Bad credit can reduce access to cell phone, internet contracts and limits housing options. All of these can affect a person’s ability to improve their situation These factors can create a cycle that is very difficult to break. All the while, the stress and uncertainty of financial instability affect relationships as well as mental and even physical health
- As people’s options become limited due to lack of access to credit, contracts, housing, etc., financial troubles become harder to resolve. Many people with poor credit only have access to predatory, sub-prime lenders. 1 in 4 families use alternative financial services like check cashers and payday lenders. The average consumer rolls over their payday loan eight or more times before they can pay it off. Payday loans typically have an annual interest rate between 391 to 521%. Many low-income consumers are invisible to banks and other financial institutions. They have little or no credit history and often don’t have bank accounts. As a result, these consumers struggle to get affordable bank loans and build savings for the future We can help provide a way out.
- Ya sabes decir todo eso me imagino, por favor ecuentres la grafica
- We want to make a difference in everyone’s life.