NAWRB Magazine Volume 10, Issue 1 Real Estate Change

Page 4

Knowing the Rules of the Game : ®

Demystifying Credit By Rebecca Steele

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| NAWRB MAGAZINE

Consumer preferences and the rapid pace of financial service innovation are helping expand borrowing options faster than ever before, which can help lead to greater financial inclusion and an improved economy. The upsides to having more access to loans and lines of credit are clear, but there are some who may find themselves over leveraged and in need of guidance as they navigate the waters of the credit pool. As mentioned in the “Know the Rules of the Game” podcast, the credit pool does have a lifeguard and it’s a good idea to get to know them before a crisis. It is equally important to know when to reach out for help and what to expect.


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