For a single mom of a two-year-old, being close to family is priceless. Amanda understands the importance of raising her son in a stable environment and in a good neighborhood and in the same city in which her family lives.
“I thought I was going to have to move away from my family because I couldn’t afford to buy a home here in Santa Fe.” Amanda’s move to Albuquerque would have meant a longer commute time to work and seeing loved ones less often.
Debt often gets us into trouble when we spend money we do not have. Instead of saving, we charge purchases on our credit cards or take out small loans. It is easy to lose control by charging our credit cards to their limit or taking out loan after loan. However, open and active credit lines in good standing build our credit and show our worthiness as a borrower.
For many people these four things can spell catastrophe for their credit. However, what most people don’t know is that you can rebuild your credit. Bankruptcy, Foreclosure, Short Sale, and Divorce do not ruin your credit forever. While it’s important to know that they can lower your credit score dramatically,