The document discusses Philippe Daigle's services as a mortgage expert in Kelowna, including providing services for first time buyers, refinancing, equity take out, and construction loans. It emphasizes the importance of understanding one's credit score and managing it responsibly. The document outlines factors that comprise a credit score and impact it both positively and negatively. It provides tips for maintaining a good credit score and checking it annually to guard against identity theft.

1. Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

2. First time and repeat buyer
Refinancing
Equity Take Out
Lines of Credit
Construction loans

3. My service is free for
99% of my clients.
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

4. Because Your
Mortgage Should Not
Be Left To Chance.
You don't know what
you don't know

6. Equity
Credit Income

7. Understanding Your Credit Score
The Good
The Bad
The Ugly
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

8. Key Message
Its your responsibility to manage Your Credit
Score
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

9. Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

10. What is a credit score?
A credit score is a number that
summarizes the historical credit
information on a credit report.
The number reflects the likelihood that you will
become delinquent on a loan or a credit
obligation in the future.
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

11. Credit Agencies in Canada
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

12. What is a credit score
• Score range from 300 to 900
• Every time you sign for credit, you agree to have
your credit habits reported to credit agencies
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

14. Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

15. Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

16. Low Score will Cost you
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

17. Low Score will Cost you
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

18. Lousy Things Happens To Good People
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

19. The Good
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

20. The Bad
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

21. The Ugly
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

22. The Ugly
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

23. The Ugly
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

24. 7 Ways to protect your Score
• Maintain a low credit card balance
• Pay all bills on time
• Do not Co-sign a loan
• Continually keep your accounts active
• Resist signing for a department credit card
• Limit the number of accounts
• Do an annual review
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

25. Why An Annual Check?
We live in the era of Identity Theft
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

26. Fixing Your Credit Score?
The first step is to pull your credit report
Make sure none of the following are on your
report:
• Late payments, charge-offs, collections or
other negative items that aren't yours.
• Credit limits reported as lower than they
actually are.
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

27. Fixing Your Credit Score?
– Accounts listed as "settled," "paid derogatory," "paid
charge-off" or anything other than "current" or "paid as
agreed" if you paid on time and in full.
– Accounts that are still listed as unpaid that were included in
a bankruptcy.
– Negative items older than seven years (10 in the case of
bankruptcy) that should have automatically fallen off your
reports
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert

28. Questions?
Philippe Daigle Your Kelowna and Area
06/03/2012
Mortgage Expert