National Student Loan and Credit Report Debt Attorney

Rebuild Credit to Buy Home

Freddie Mac just released a blog about how to start rebuilding your credit right now, in order to buy a house in the future. Here are Freddie Mac’s three key suggestions to rebuild credit:

1 – Check your credit report annually. If there are errors, dispute the errors with the credit bureaus.

2 – Set-up payment reminders. Late payments can have a serious detrimental impact on your credit score.

3 – Reduce the amount of debt you owe. According to Freddi Mac “you’ll never qualify for a mortgage (secured debt) if you can’t manage short term credit cards (unsecured debt).”

Read more here:

If you are looking to buy a home and need to re-build your credit, eliminating unsecured debt is one of the most important things you can do. A debt settlement attorney can often help you eliminate the debt in a shorter period of time and for less money than a Dave Ramsey-style repayment plan.


Author:  Kevin Fallon McCarthy


Rebuild Credit to Buy Home was last modified: March 7th, 2017 by Kevin Fallon McCarthy
The following two tabs change content below.
Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.
Call 855-976-5777 or Chat Now
  • How much do you owe?
    Select your approximate debt.
    Less debt
    More debt
  • The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.