Good Renters Deserve Better Credit Scores

Rent Credit ScoreIn the past, rent was not reported to the three main credit bureaus.  Now, thanks to Experian and Trans Union, rent can be reported.  This will help someone with limited credit build a credit history.  It will also help someone recovering from an economic hardship by establishing new, positive credit.

Below is an article from Experian that gives more information on how to get rent on your credit report:

Why Building Your Credit History Is Important

Credit plays an important role in your life — affecting the purchases you make and much more. A credit history is vital in today’s economy and enables you to obtain valuable credit services such as credit cards, mortgages and auto loans. Lenders use credit reports and credit scores to gauge the likelihood that you will pay back a loan. We understand the importance of building credit history and believe that responsible renters should get credit for managing their rental payments.

How Paying Rent On Time Helps Build Your Credit History

Experian incorporates on-time rental payment data reported to Experian RentBureau into Experian credit reports. Your rental payment information will be included as part of your standard credit report and may be incorporated into certain credit scores. The inclusion of positive rental payment history within Experian credit reports allows you to establish or build credit history through timely rental payments.

For FAQs about rental payments on your credit report click here.

Continue reading Good Renters Deserve Better Credit Scores

Are You Ready to Buy?

buyvsrentTop 10 Questions to Know if You’re Ready to Buy:

1. What is your credit score right now?

2. Do you know how much home you can afford?

3. Have you researched markets and neighborhoods?

4. Do you plan to get a home inspected before you buy it?

5. Are you getting Pre-Qualified or Pre-Approved?

6. How do you plan to find an agent?

7. How much do you plan to save for a down payment?

8. How much will you pay for closing costs?

9. Are you planning to attend any open houses?

10. Do you have a move-in strategy?

In the end it is best to align yourself with a professional that can help walk you through these questions and others that you may not have considered.  For a free consultation, reach out to Doug Haldeman at (314)472-DOUG (3684) or by email at

Are You Ready to Buy?  Part 1

Are You Ready to Buy?  Part 2

Carmen Gassert and Carla Borgard: Success is Real Estate

carmen gassertCarmen Gassert~ 314-623-7790

Carla Borgard ~ 314-580-2744

Coldwell Banker Gundaker

1100 Town and Country Crossing

Town and Country,MO 63017

Office: 636-394-9300

Fax: 636-394-4098

Carmen Gassert and Carla Borgard Audio:

Your Credit Matters: Waiting Too Long To Work On Your Credit

Doug Show Card web revised 2013Doug Haldeman covers the steps you can take on your credit recovery.  Most people don’t want to have to deal with credit on a regular basis.  there is detail work that just seems like too much work.  Doug has narrowed down to some steps you can take to begin the process he is also there to assist you in  whatever stage of the game you are in.

Below is a link to the PDF page for Doug’s Steps to Credit Recovery:

Steps to Credit Recovery

You can also contact Doug direct:

Doug Haldeman

314.472.DOUG (3684)

Three Bad Debt Scenarios & How To Overcome The Bad Debt Trap

bad debt trapThere are some major life events that can put many of us in a financial ‘bad debt trap’.  Such as student loans, credit card balances, and even large mortgage payments can all make us feel in a financial trap.  If you’re feeling like there’s no way out of your debt, here are three bad-debt scenarios and options for overcoming the financial burden.

1.  Student Loans

It’s very important to pay your student loans on time and never skimp on the payment. Student loans are usually in the form of installment loans, and if you make your payments on time and make the full payment due on each installment, you can really help strengthen your payment history, which can impact your credit score.

If you’re struggling to make the minimum payment, there are some options available, such as consolidating your loans or contacting your lenders and negotiating a lower rate. Be careful before considering either option, however, because depending on the route you take, it could show up on your credit report and affect your score.

2.  Credit Card Charges

Creating a budget and adhering to a plan to pay off credit card debt can be a very rewarding accomplishment. Your first step should be to look at your budget to see where you can cut costs. Luxury expenses like dinners out on the town or designer clothes should be easily crossed off your budget lines. If you feel like you’ve already trimmed your budget as much as you can, there are some alternatives to consider.

One solution for handling credit card debt is to transfer your balances to a new credit card with a lower interest rate. Before you take advantage of credit card offers with a low interest rate, understand that many times this is just a limited-time introductory rate and that there may be other terms and conditions, such as balance transfer fees, that you need to consider.

 3.  Big Mortgage Payment

If you have equity in your home and solid credit, one option might be to refinance your loan for a lower interest rate or a lower payment. Refinancing isn’t for everyone and there are usually strict criteria to qualify for refinancing. Make sure you do your research and consult with the Doug Haldeman Team at 314-472-3684 .

If the timing and the market is right, you might consider selling and downsizing to get out of your high mortgage payment. If you have equity in your home, you may be able to earn enough profit to help get you out of other debts as well.


Whether these options work for your financial situation or not, one important factor to always consider is your budget. If you’re spending more than you’re bringing in, getting out of debt will always be a struggle. Understand the role that credit and budgeting plays in your financial decisions, and check with those you trust to make sure you’re making the right decisions for your lifestyle.

Contact Information:

The Doug Haldeman Team

Doug Haldeman NMLS#298419

Phone (314)-472-3684

Your Wake Up Call To Waking Up To Water Damage

andrea rothmarie roth

The scenario of waking up to a rushing water sound coming from your basement, or a mysterious pool of water from your refrigerator or the infamous sewer back up can be very upsetting… We invited Premier Restoration Services on the show to help us understand the process of what to do when you are faced with “What do I do now…”  Listen in as they provide helpful tips on this very topic.

  Here is the link for the Helpful Tips



Continue reading Your Wake Up Call To Waking Up To Water Damage

The Granddaddy of Real Estate Investing, Ron LeGrand, is Coming to St. Louis!!!

ron legrandShaun McCloskey from Lifeonaire REIA StL, Co-Hosts as we interview Ron LeGrand, the Granddaddy of Real Estate Investing.  Ron is coming to St. Louis on August 13th.

To register for the free event, visit

Here is what Shaun McCloskey had to say about Ron LeGrand:

When I first got introduced to real estate investing back in 2003, I was given a very valuable lesson.  A friend of mine said, “If you want to be the best, you’ve got to learn from the best.”  I’ve since embraced that advice and come to learn that the worst advice you can take is free advice from people with no experience.  

Shaun MccloskeyThat being said, I remember way back then I started learning from a guy named Ron LeGrand.  They called him “The Grandaddy of Real Estate Investing” because he’d been doing it longer than anyone else out there.  And he was good.  REAL good. 

I’ve always wanted to meet Ron in person and still to this day haven’t.  I feel like I know the guy personally after listening to his tapes and CD’s for years and years, and I’m happy to announce that not only am I going to get to meet him face to face, so are YOU!  I don’t know how we pulled this off, but we’ve managed to talk him into coming to speak at our August 13th REIA meeting – right here at Lifeonaire REIA St. Louis!   Ron typically doesn’t come and speak at REIAs that do not have a minimum of 300 people so consider this my gift to you… and a little more proof that “you never know unless you ask!”

Over the next few weeks, he’s also agreed to share some really good free training videos with each of you in preparation for the meeting.  So right now, mark your calendar that you’re going to be there, August 13th, at 7 pm, 6 pm for networking, Spazio’s in Wesport, 12031 Lackland Road, St. Louis, MO 63146.  Also there will be an extra bonus of a Saturday workshop on August 16th from 8 to 3, check out the details and get registered HERE.

Make sure to RSVP our our meetup page at and like us on Facebook.

Ron Legrand Interview:  Part One

Ron LeGrand Interview:  Part Two