Unfortunately, this session of the Business Insight Series has been canceled!

The Grapevine Chamber's Business Insight Series is designed for individual employees, managers or business owners who are interested in improving or developing their business skills.

Topic:

How Your Credit & Lending Go Hand in Hand

Things you will take away from this session:

• What truly effects your credit?
• How does credit impact your purchasing power?
• What does your income say you can buy?

Speakers:

Rich McDowell, Academy Mortgage Corporation (pictured)

Dana LaRue, D&G Credit, LLC

About the speakers:

Rich McDowell has been in mortgage lending for more than 10 years. Yes, times have changed! Rich served for over four years in the U.S. Army and was the first deployment into Bosnia after the Dayton peace accord was signed, which was the longest deployment since Vietnam before the current war. What drives Rich - We truly do live in the best country in the world, you show me a person that works hard, learns from failure, and I will show you an extremely successful person!

Dana LaRue has been in the financial arena for years, has been certified I.A.P.D.A. and used to work with one of the largest credit bureaus. We all know life happens, job loss or a huge reduction in income, divorce, medical issues – even death. When these types of catastrophes occur - your credit score can take a beating. Fast forward a few years - you’ve picked yourself up, you’ve pulled yourself out the mess created because of your catastrophe – thinking you should be ready to start all over again, only to find your credit score is STILL low and there are more collections now! You see, your credit score is your reputation with your creditors – and sometimes those creditors lie. Some creditors change the dates on OLD debt, making it look brand new! It’s usually not accidental – it’s usually intentional – because the newer the collection the more it impacts your score, and therefore, the more likely you are to pay it, now that you are getting back on your feet.

Collection tactics like that, are illegal, yet they tend to happen all the time… There is a computer system – written specifically to hold creditors accountable to the law, and it’s about time too!