Economic Perspectives with Hopeton Hay on KAZI 88.7 FM in Austin, TX

Building Perfect Credit, Young Entrepreneurs Focus of November 29 Economic Perspectives

Posted by Hopeton on November 29, 2010

Lynnette Khalfani-Cox, author of Perfect Credit: 7 Steps to a Great Credit Rating, is the guest of the first segment of the November 29 edition of Economic Perspectives.  Young entrepreneurs Ashton and Kamilah Powell will discuss how they got started in business at the respective ages of 22 and 19 on the second segment.  Listen to the interviews 5:30 p.m. – 6 p.m. on KAZI 88.7 FM, or live online at kazifm.org.

Perfect Credit is a roadmap for anyone hoping to establish picture-perfect credit, make improvements to have stellar credit, or simply maintain a fantastic credit standing. Right now, roughly 220 million Americans have credit files maintained by the “Big Three” credit bureaus: Equifax, Experian, and TransUnion. Of those individuals, about 40 million Americans (roughly 1 out of 5), have very poor credit, or “deep subprime scores,” according to Experian. Another 50 million adults in the U.S. have no credit files – either because they’ve never used traditional forms of credit, or because their credit files are “too thin” to generate a credit score. Perfect Credit offers all these consumers an easy-to-follow blueprint on how to get superb credit – and how to sidestep numerous credit traps and pitfalls along the way.

Lynnette Khalfani-Cox, The Money Coach, is a personal finance expert, television and radio personality and the author of numerous books, including the New York Times bestseller Zero Debt: The Ultimate Guide to Financial Freedom. Lynnette has appeared on such national TV programs as The Oprah Winfrey Show, Dr. Phil, The Tyra Banks Show, The Today Show and Good Morning America. Lynnette, an award-winning financial news journalist and former Wall Street Journal reporter for CNBC, has also been featured in top newspapers including the Washington Post, USA Today, and the New York Times, as well as magazines ranging from Ebony and Redbook to Black Enterprise and Smart Money.

Kamilah and Ashton Powell

Ashton and Kamilah Powell, who are married, got started in business in 2006 as the operators of an Avis Rent A Car location in downtown Austin.  Avis initially balked at allowing them the business opportunity because of their youth, but they were able to convince them of their abilities through the interview process.  Family members provided them the seed capital to help them get started.  The Powells have recently started an insurance agency In the interview, the Powells share the keys to their success as young entrepreneurs and some of the mistakes they made.

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