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5 Tips to Improve Your Credit Score
Boosting your credit score can save you money. Your credit score is a number based on how well you pay back loans on time, sometimes called a FICO score. The higher the score, the less risky you are. The 3 players are Experian, Equifax and...
Credit Cards
When applying for a credit card it is always a good idea to know
your personal credit score, since this will affect your ability
to negotiate beneficial terms for your credit. If your credit
score is poor - e.g. due to unpaid bills, a habit of...
Drowning in Debt? Tips and Tricks for Getting Out of Hot Water with Creditors
Do you, like millions of other Americans, feel like you’re sinking in an ocean of credit card debt? Well, fear not--there are many options for reducing your debt way before you have to be concerned about receiving notices or daunting telephone calls...
How To Accept Credit Cards
If you plan to do business online, then your website will need to accept credit cards. For many, the idea of applying for a merchant account sounds like a daunting task, but the truth is that building an online store is incredibly easy these days....
Why Your Credit Score Matters
Among the many innovations that emerged after World War II, credit use has become a major factor in our entire economic profile. As a result, your credit rating is the most important factor in determining your credit APR when you apply for any type...
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Creditors Calling its Time to Repair your Credit
When the creditors are ringing the phone off the wall you know
it is time to repair your credit. The United States alone has
over millions of individuals and families struggling to find a
way out of debt. This is why when you go online you see
thousands of web sites that say they have the solution for
relieving debt. Don't be fooled!
Many of the telemarketers that claim they can get you out of
debt can only bring forth more problems. There is no answer for
all of us, but there is an answer for us all individually. Let's
take a look at an example. Ok, you make $210 each week per
paycheck. Your debt is around $5000 and you can't seem to see a
way out.
Now let's say you have two vehicles both are paid in full, and a
monthly rent that equals $400. We know that you only have $640
per month to purchase food, pay utilities, clothes, and other
items needed to survive. We can't forget the phone bill. This
sounds like an impossible situation, but in reality there is an
answer available.
Now if you phone bill is around $90 per month and you spent
around $50 per week on groceries and around $150 per month on
utilities. Be time you are finished adding this up you will see
that you don't have a dime left at the end of the month.
Therefore the solution is finding a job that pays more,
searching for a low-income apartment that basis the rent on your
income and using less utilities per month. In today's time you
will spend $50 easily on groceries and not get enough to make it
to the next week. Therefore is it possible you can eat foods
that are less expensive and last longer? When you are poor you
got to live like a poor person.
The sadness about people that are struggling they often envy or
strive to purchase items they don't really need. Instead of
paying the bills on time, they often pay a portion of the bill
and buy things that are not needed. If you have two cars and a
single
individual it is wise to sell one of the cars and apply
the balance toward the bills.
You can see from this deduction that more money is needed to
survive. Why are you paying $400 for rent when there are many
sources available that offer you rent for less? Now let's turn
this around. What if you successfully rented a low-income
apartment? Let's say that your amount is reduced to $200 per
month. This leaves you an extra $200 per month to pay utilities,
buy groceries, pay insurance on one car, pay your phone bill,
and have a couple of bucks left over each month.
This is one solution and it doesn't bring forth much, but it
does bring forth a small reward. Now if you can reduce your
utilities to around $100 per month that is another $50 you could
spend on bills. If your credit history is delinquent, yet you
are not swarming in quicksand you might be eligible for a credit
card. The solution is not to get the card to buy items, rather
it is to get a card that will help you make your monthly bills
and allow you room to repay. Make sure the card has low interest
rates and there are no annual fees attached. If you can get by
without a credit card all the better, but the fact is it is
nearly impossible now to go without a credit card. If you can
get a job that pays more for your work then this is helpful too.
The downside is when people get better paying jobs that often
take it for granted and land deeper in debt. The more money you
make the more you will spend. It pays to be careful with your
money and stay alert to your credit situation to keep a repair
in place. When creditors are calling it is time to repair your
credit, so get ahead of the game before the phone rings.
About the author:
Tony Robinson is a business owner with vast experience in all
facets of Credit and Credit Repair - for further tips and
techniques visit http://www.officialdebtfree.com
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| Credit Reports - Credit Cards - Car Loans - Home Loans - Credit.com |
| Credit.com offers a variety of credit related products and services including credit reports and credit scores, credit cards, car loans, home loan and ... |
| www.credit.com |
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| Equifax Personal Solutions: Credit Reports, Credit Scores ... |
| National consumer credit reporting company that offers credit reports, FICO(R) credit scores and identity theft protection products to consumers and small ... |
| www.equifax.com |
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| The FTC's web site on Credit |
| Credit is much more than a piece of plastic, and the resources on this site can help you become a more savvy consumer. You’ll also find compliance ... |
| www.ftc.gov |
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| Federal Trade Commission - Consumer Credit Center |
| Features an assortment of helpful articles related to credit issues. |
| www.ftc.gov |
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| AnnualCreditReport |
| Site set up by the big three credit reporting agencies in the United States, to furnish free annual credit reports, as required by federal law. |
| www.annualcreditreport.com |
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| Springboard - Non-Profit Consumer Credit Management |
| Our mission is simple: To offer education on the wise use of credit. ... SPRINGBOARD has been approved to provide credit counseling services and issue ... |
| www.credit.org |
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| myFICO - FICO Credit Scores, Online Credit Reports and Identity ... |
| myFICO.com: Get your Free credit report and Free credit score with a 30-day trial of Score Watch. All three FICO Scores and Credit Reports Available now ... |
| www.myfico.com |
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| Credit Suisse Global |
| Credit Suisse Group is an international financial services group. - Shares part of SMI. |
| www.credit-suisse.com |
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| Experian: Free Credit Report and Credit Score, Credit Check ... |
| Credit referencing and consumer targeting for the USA and other countries. |
| www.experian.com |
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| National Credit Union Administration - Home Page |
| An independent federal agency that supervises and insures 7152 federal credit unions and insures 4240 state-chartered credit unions. |
| www.ncua.gov |
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| Credit - Wikipedia, the free encyclopedia |
| Debits and Credits, a type of bookkeeping entry; Credit (creative arts), acknowledging the ideas or ... Retrieved from "http://en.wikipedia.org/wiki/Credit" ... |
| en.wikipedia.org |
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| Credit (finance) - Wikipedia, the free encyclopedia |
| Any movement of financial capital is normally quite dependent on credit, ... Sometimes if a person has financial instability or difficulty, credit is not ... |
| en.wikipedia.org |
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| The National Foundation for Credit Counseling |
| DebtAdvice.org is a service provided by the Members of the National Foundation for Credit Counseling (NFCC), most of them known as Consumer Credit ... |
| www.nfcc.org |
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| FreeCreditReport.com | Free Credit Report and Credit Score Online ... |
| FreeCreditReport.com: Free credit reports and credit scores from Experian. Get your free credit report and credit score now. It's free, fast, and easy! |
| www.freecreditreport.com |
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| Compare credit cards | apply for a credit card | 0% balance ... |
| Compare over 300 credit cards, including 0% offers and balance transfers, and make a credit card application online... |
| www.moneysupermarket.com |
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| Ford Credit - Auto financing for Ford, Lincoln and Mercury cars ... |
| Ford Credit provides auto financing to finance a lease or purchase a car or truck through Ford, Lincoln or Mercury dealerships. |
| www.fordcredit.com |
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| The Credit Card Prank |
| In my lifetime, I have made nearly 15000 credit card transactions. ... Credit card signatures are a useless mechanism designed to make you feel safe, ... |
| www.zug.com |
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| Credit magazine, corporate bonds, derivatives, structured credit ... |
| Credit magazine provides information on the international credit markets for credit investors, issuers and market professionals. |
| www.creditmag.com |
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| CUNA: The Credit Union National Association |
| News and resource directory about credit unions. |
| www.cuna.org |
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| Credit/Debt Management - Tools and Advice for Managing Credit and Debt |
| Drowning in debt? Trying to improve your credit score? This is the place for you. Get real world information and tips, as well as the legal low down, ... |
| credit.about.com |
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