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[11 May 2015 | Comments Off on How to Attack a Bad Credit Rating | ]
How to Attack a Bad Credit Rating

Many young people get into debt. Unfortunately, it is the way of the world that we live in now that debt is just a part of life. For the most part, it’s a good thing, but there are plenty of opportunities for things to get out of hand. And, when they do, it usually results in bad credit.
If things have got to the point where you have bad credit, then it is vital that you face up to things and take action as soon as you can. Bankruptcy could be …

Credit, Headline, Personal Finance »

[18 Feb 2015 | Comments Off on Understanding How to Build Credit | ]
Understanding How to Build Credit

A friend recently told me he couldn’t make sense out of his credit. I asked why, and he told me he had just recently paid off a $13,500 credit card balance only to watch his credit score drop a few points. My friend was convinced it was impossible to understand how building credit works. “Shouldn’t paying off my debt mean I look better to lenders?” He grumbled.
Yes and no. Truth be told, there’s more to credit reports and credit scores than simply showing an ability to pay your debts on time. Normal folks with …

Credit, Headline, Personal Finance »

[1 Jun 2014 | Comments Off on Building Credit for Dummies | ]
Building Credit for Dummies

Whether you’re just starting to build credit or you’ve taken a hit or two to your credit score and now you’re trying to build it back up, there are a few things you can do to make sure you’re doing everything you can to better that score. Take a look at a few of the most important things you can be doing to get your credit on the right track.

Avoid late payments at all costs. Late payments are a quick and easy way to send your credit score plummeting. When …

Credit, Headline, Personal Finance »

[26 Apr 2014 | Comments Off on Quick and easy financing options | ]
Quick and easy financing options

There are so many loan products on the market that it is necessary to do a lot of research to find the right one. This is probably even the case for those who are financially savvy and have some grip on the meaning of loan jargon that can sound so scary!
There is another way of looking at the multitude of borrowing options available today though. One the one hand, with all of the advertisements flooding the market nobody can be blamed for feeling overwhelmed by the number of options on …

Credit, Headline, Personal Finance »

[18 Feb 2014 | Comments Off on 4 Benefits of Having a Prepaid Credit Card | ]
4 Benefits of Having a Prepaid Credit Card

Have you been considering a prepaid credit card? There are several reasons why this type of card is a good choice. Traditional credit cards are very effective but prepaid ones have several benefits over the conventional ones. So many people find themselves in the debt trap from using credit cards. Sure, everyone knows you have to pay your bills on time but so often one forgets their purchases or other situations come up where one ends up paying more than they wanted. If you only end up paying a partial …

Credit, Headline, Personal Finance »

[11 Feb 2014 | Comments Off on Money In, Money Out: Are You Ready for a Personal Loan? | ]
Money In, Money Out: Are You Ready for a Personal Loan?

Many of us experience a point in our lives where we need to borrow money to finance a special purchase or maybe to deal with an unexpected emergency. The financial landscape may have changed considerably over the last few years and lending criteria has been tightened in general but the same principles apply in that you still need to be able to work out if you can afford the payments.
Your current financial position
You may think that you need to borrow some money but before you make any applications for a …

Credit, Headline »

[15 Jan 2014 | Comments Off on Why your Credit Score Matters | ]
Why your Credit Score Matters

A bad credit score can make it hard for you to get approved for a loan, and may even require you to have a co-signer and/or a decent chunk of change to use as a down payment in order to get approved. A bad credit score can put a damper on your career, too – did you know that more and more employers are doing background checks that include a peek at a potential employee’s credit history? And planning for the future — trading in your current vehicle for a …

Credit, Headline »

[2 Dec 2013 | Comments Off on Most Common Credit Myths | ]
Most Common Credit Myths

Most Common Credit Myths
When you want to have a good credit score a little knowledge can be very powerful. Remember that a good credit score can open doors to many great credit offers. When you apply for a loan for a home or car or even a personal loan banks and other financial institutions use your credit report to determine if you qualify according to their guidelines.
Here are a few of the more common myths about credit:
People who lived in your residence can greatly affect your credit history.
It doesn’t make …