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When I say “No Debt, No Credit, No Problems”, what do you think about?
NO DEBT – YEAH! I could go for that.
NO CREDIT – Whaaaaaaa? You gotta have credit!
NO PROBLEMS – Wait, what kind of riddle is this?
Well, the times – they are a-changin’. You do NOT need to focus on your credit to be successful or to even qualify for a mortgage.
In fact, the traditional creditworthiness measures are under fire because enough people are finally coming to the realization that the Emperor Has No Clothes!
Some of them are abandoning the one-sided measurement of debt system developed by FICO, which has been around for at least three decades.
Today, we talk about a broken piece of the financial system and what one company is doing to bring fairness to the marketplace.
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The Hosts of this Program:
Steve Stewart:
Steve has been the host of several successful podcast efforts that include the MoneyPlan SOS podcast, is the host for this program – No Debt, No Credit No Problems. Steve is also the creator of the wildly-successful Podcast Editor’s Club on Facebook. Steve is now producing podcast content for a number of industry leaders and hopes that you’ll consider him when needing new podcast production in general. Steve lives in the St. Louis, MO area and has been promoting the podcast community since 2009.