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About Credit Scores
You may know that different businesses from cell phones to home
mortgages base a large part of their decision for giving you
their services is based on your credit score. This score is a
number between 300 and 850 and is often referred to your...
Credit Card Entrapment- The Secrets are out
Have you ever wondered why your credit card bill is so high and you can't seem to pay off the balance? Well you are not alone in this. You should be aware of a couple of trick that they use and you probably don't even pay attention to it, but you...
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...
Debt Help Online - How To Rebuild Your Credit By Consolidating Debt
By consolidating your debt you can rebuild your credit by making
on time payments, paying off your debts, and increasing your
cash reserves. Depending on your debt load, you can improve your
credit situation within two years, enabling to qualify...
Finding Te Best Travel Reward Credit Cards
Travel reward credit cards are only a great benefit if you
travel frequently. While that may seem trite it needs to be
said. You may think, "what a great idea - travel reward credit
cards. I might want to take a vacation next year."
You're...
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Getting a credit card is a big responsibility
Owning a credit card can be quite an advantage. Whether
making online purchases, booking an air ticket or a hotel
room on the phone or simply being in need of some
emergency cash, having a credit card can be a big help.
However, getting a credit card is also a huge
responsibility and if you don't keep an eye on your
spending habits, credit cards can create some serious
problems. Here is an excellent list of tips on proper
credit card use and if you follow these, you will likely
stay out of trouble and your credit card will be a
blessing instead of a curse:
1. When you make a purchase with the credit card, it
is akin to taking a loan from your bank. What you
have borrowed has to be returned - so do not borrow beyond
your capacity to pay it back.
2. Always be aware of your outstanding credit card
balances. This will help you determine whether you can
make additional purchases. Even small purchases can really
add up to big balances and substantial interest charges.
3.Any credit card receipts should be kept until you can
compare them to your monthly statement. If you find any
purchases you did not make, or higher charges than those on
the receipt, contact your credit card company immediately.
4. don't give your credit card to anyone, not even
friends and family. Its not that you cant trust these
folks but it would be really difficult to track purchases
if you are not the only one making them.
5. don't ever borrow more than your ability to pay it
back. If you do and consequently arent able to pay it
back, it can hurt your future ability to obtain other
forms of loans such as home mortgages, car loans etc.
6. Pay your credit card bills on time or even before
they are due. Doing so will not only help improve your
credit scores, but also help avoid additional costs
associated with late payment charges and accrued interest.
7. Try to have your credit card bills paid in full
every month. To ensure this, budget your credit card
purchases on a monthly basis and then don't allow your
purchases to exceed that amount.
8.Keep your credit cards for new purchasing. don't pay one
credit card bill with a different credit card. This will
inevitably lead to more charging and higher balances.
Connie Gutchrif is the President of FN
Credit - An excellent
resource for information on credit. To learn more, be sure
to visit:
http://www.fncredit.com
Getting a credit card is a big
responsibility
Owning a credit card can be quite an advantage. Whether
making online purchases, booking an air ticket or a hotel
room on the phone or simply being in need of some
emergency cash, having a credit card can be a big help.
However, getting a credit card is also a huge
responsibility and if you don't keep an eye on your
spending habits, credit cards can create some serious
problems. Here is an excellent list of tips on proper
credit card use and if you follow these, you will likely
stay out of trouble and your credit card will be a
blessing instead of a curse:
1. When you make a purchase with the credit card, it
is akin to taking a loan from your bank. What you
have borrowed has to be returned - so do not borrow beyond
your capacity to pay it back.
2. Always be aware of your outstanding credit card
balances. This will help you determine whether you can
make additional purchases. Even small purchases can really
add up to big balances and substantial interest charges.
3.Any credit card receipts should be kept until you can
compare them to your monthly statement. If you find any
purchases you did not make, or higher charges than those on
the receipt, contact your credit card company immediately.
4. don't give your credit card to anyone, not even
friends and family. Its not that you cant trust these
folks but it would be really difficult to track purchases
if you are not the only one making them.
5. don't ever borrow more than your ability to pay it
back. If you do and consequently arent able to pay it
back, it can hurt your future ability to obtain other
forms of loans such as home mortgages, car loans etc.
6. Pay your credit card bills on time or even before
they are due. Doing so will not only help improve your
credit scores, but also help avoid additional costs
associated with late payment charges and accrued interest.
7. Try to have your credit card bills paid in full
every month. To ensure this, budget your credit card
purchases on a monthly basis and then don't allow your
purchases to exceed that amount.
8.Keep your credit cards for new purchasing. don't pay one
credit card bill with a different credit card. This will
inevitably lead to more charging and higher balances.
About the Author
Connie Gutchrif is the President of FN
Credit - An excellent
resource for information on credit. To learn more, be sure
to visit:
http://www.fncredit.com
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| Credit Reports - Credit Cards - Car Loans - Home Loans - Credit.com |
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| Equifax Personal Solutions: Credit Reports, Credit Scores ... |
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| The FTC's web site on Credit |
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| www.ftc.gov |
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| Federal Trade Commission - Consumer Credit Center |
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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 |
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| www.credit.org |
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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 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 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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