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Credit Cards for Small Business
When you decide to start a small business, you find out pretty quickly that it takes more than skills and dedication in your respective area of work. Besides being good at what you want to do, you also need to known your accounting and financing...
Credit Counseling Or Bankruptcy: Which Is Best For You?
People often get to a place where they simply can't pay their bills, especially in today's economy which is not particularly sympathetic toward the poor or even the middle class. Inflation has impacted nearly every facet of daily life including...
How Customer Friendly is Your Credit Policy?
It's a classic mistake for business owners. They start a business that is focused on their product and not on the credit end of their business.
Luckily, a popular new book by Michelle Dunn makes it easy to solve this problem. The book, Become the...
Identity Theft – Monitor Your Credit Report
The recent security breach at credit card processor CardSystems Solutions has many consumers worried. Thanks to a well-placed computer virus, nearly forty million credit card numbers were stolen, and cardholders nationwide are justifiably concerned...
Student Credit Repair Solutions for Building Credit
There are solutions for students to repair their credit. Believe
it or not but it is possible to get out of a student loan
obligation. First you must determine what type of student loan
you owe. Once you come to this determination you will next...
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Fix a bad credit score
It is easy to see why you will want to fix a bad credit score. Having a bad credit score can be costly. Not only does it cause an individual to pay higher interest rates for credit, but it can also affect whether or not they are approved for loans. An individual with bad credit can in general expect to pay higher insurance premiums because insurance companies see bad credit as a sign of irresponsible characteristics. Also, some employers use credit reports as an indicator of a person’s character. There are many factors that cause bad credit and it is important to understand these factors if you are to avoid the pitfalls of a low credit score.
You may think that occasionally paying your bills a few days late is no big deal, however if you have a habit of letting your bills sit around before you mail them out you may be destroying your own credit. Each time a bill is paid more than thirty days late it is reported to the credit reporting agency, thus affecting credit scores.
Having access to credit makes the purchase of large items easy. It may not be a good idea; however, to stretch your finances too far. Each individual is responsible for paying for the purchases they make on credit. It is not wise to purchase something outside their budget. When a person does purchase a large item on credit and cannot afford repayment, repossession is likely to occur. If you miss a payment the creditor may seize the property that was purchased with the loan.
You may have heard people speaking about their car or boats being repossessed. Repossession
commonly takes place with automobiles, but it can also happen for motorcycles, boats, or other larger purchases. If you do not pay loans over a certain period of time, the bank will arrange to take the property back. Once the bank has repossessed the vehicle, they will try to recoup some of their money by selling it. If they are unable to make as much money as is owed on the loan, you will still be held responsible for the difference.
Not paying your debts can have serious consequences. There are legal ramifications to being delinquent on loan payments. A creditor can take legal action by getting a judgment against you. Judgements are when a creditor takes you to court and forces you to pay a debt. Often times the judge will legally require your employer to take wages out of your pay check, this is known as garnishment. Judgements due to bad payment habits are a direct route to bad credit. So, take the time to increase or maintain your credit score by simply managing your finances and making on time payments.
You can fix a bad credit score. There are several resources available on this site and across the web. A resource several people have found very valuable is our "Free Credit Score Course" which you can access here: http://www.repair-credit-report-help.com/free-credit-score-course.html
Repair Credit Report Help is a Free Credit Guide site showing you how to get help with your credit and improve your credit score. Signup for our Free "Raise Your FICO Score" 7-day Mini Course:
Free Credit Score Course
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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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