While having your own home is an important part of your financial picture, too many people make decisions without thinking things over. Making a mistake with your mortgage is a fast way to end up with terrible credit.
Overcome Your Bad Credit With These Tips
If you have bad credit, the first thing you will want to do is talk to a credit counselor. Many counselors understand that unforeseen problems like unemployment, medical issues, or other problems often take people by surprise.
Poor Credit History – Which Is Best, A Credit Card Or Personal Loan?
There was a time when poor credit meant you could kiss any chance of getting credit good-bye. Credit cards were extremely difficult to get if you had any kind of compromising information contained in your credit report.
Saving Money Can Help You Avoid Bad Credit
One thing that many high schools today fail to teach students is finance management. Studies have shown that many students graduate from high school without knowing the basics of personal finance.
How Do Secured Credit Cards Work?
In today’s society, having a credit card is no longer a luxury, it’s a necessity. You need a credit card in order to rent a car, book a hotel room, or in the most extreme cases, to rent a movie from the local video store.
How To Avoid Bad Credit
Because we live in a society that is dependent on credit, having credit that is bad can make life very difficult. Many high paying jobs won’t hire you. Lenders are unlikely to give you a mortgage.
How to Check Credit Reports
Businesses in the United States buy more than two billion credit reports every year. Since there are currently fewer than 300 million people in the country, this means that the average adult has his or her credit reports examined by someone about once every other month.
Five Credit Building Tactics
If you are looking to apply for a credit card, than youll need to ensure that you have sufficient creditworthiness. In reality, this is no easy task so if you are having problems with this, the following 5 credit building tactics should help.
Five Credit Card Billing Problems and How to Fix Them
It goes without saying that your first and best defense against paying fraudulent or unfair charges on your credit card is knowing what your bill says! When you receive your credit card statement each month, sit down with it and check each item to make sure that you actually DID purchase it. If you do run into inaccuracies or problems, there are procedures to follow to report and deal with the charges.
How College Students Can Avoid Having Bad Credit
As the cost of going to college continues to increase, many students make the mistake of taking on debt they can’t handle. They may choose to take out credit cards or student loans, and end up with a lifetime of bad credit.
How Credit Works
In order to acquire and maintain access to credit, one must have a working understanding of how credit works – namely, how credit scores are established and tracked by the three major credit bureaus.
Credit Cards For Adverse Credit History
The credit card market is seeing a boom with numerous market players. It has created a kind of choice chaos or rather a clutter. It is important to differentiate between a good and a bad market offer. and ones that are specifically targeting people with a poor credit history.