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School Reports in Dallas, McKinney, Allen and Frisco, Texas

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First Time Buyers >Credit Card Traps

It is not unusual for first-time buyers to be free of debt. They have been saving for their first home for many months or even years. But after they move into their new home, the new homeowners are often deluged with pre-approved credit card applications from banks and stores offering credit lines. Before they realize what is happening, they can be overwhelmed with debt.

The consumer credit agencies know that mortgage companies do thorough checks before approving a loan, and those who have passed through that process are considered good credit risks. They also know that new homeowners often need to make major purchases of furniture and appliances at a time when they have depleted most of their savings accounts. After years of disciplined savings, new owners may be faced with a tremendous temptation to just say "charge it" for the things they need.

If you have just purchased a home, be aware--and wary--when those credit card applications start pouring in!

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Q	What is the world's most capacious building?
A	The Boeing Company's main aircraft assembly plant in Everett, Washington, has been expanded to a capacity of 13.4 million cubic meters, or 473 million cubic feet.
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Tanya Endicott, REALTOR®, real estate agent and broker for Dallas, McKinney, Allen and Frisco Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Tanya Endicott
The Dallas Home Team
2851 Craig Dr
Suite 300E
McKinney, Tx. 75070
Office: 469-452-7071
Cell: 469-450-2566
Fax: 469-452-7074
tanyaendicott@NUMBER1EXPERT.com

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