|
|
|
Credit Cards - Why Prepay?
With prepaid credit cards, you get the practicality of plastic while choosing exactly how much debt to charge. By taking charge of your personal financing, you determine your own limits, to the penny, and change them any time you need to. There are...
Home Equity Loan or a Home Equity Line of Credit?
A home equity loan is good for items that require one large payment. This is why so many consumers use it for debt consolidation. The interest rates on home equity loans are low enough to be beat out the prevailing rates on almost every other type...
Home Loans For People With Bad Credit - Tips To Getting Approved Online
Buying a home with bad credit doesn’t have to stop you from finding an affordable lender. By shopping online for a lender you can find the best lending rates for your situation. The following search tips will help you get started. Gather Your...
Solutions to Repairing and Building Credit
If you are in debt it might be wise to sell a few of your items to get the funds to repay your creditors. If you are selling your items to get out of debt you can think long-term and see that you can gradually replace your items once your debts are...
The Ins And Outs Of Bad Credit Home Loans
Owning a home is part of the American dream. It's also the biggest purchase that most of us will ever make, and because of that, almost everyone will be borrowing money to do it. Unfortunately, for many people that means a bad credit home loan, and...
|
|
| |
|
|
|
|
|
|
Repair Your Credit, Build Your Survival Foundation
Why is it important to have good credit? With today's society
becoming more and more business oriented, establishing and
maintaining good credit is vital if you plan to do any of the
following:
1. Apply for employment 2. Rent an apartment 3. Open a bank
account 4. Setup an account with public service or the telephone
company
It used to be that establishing good credit was important only
if you planned to buy a home or car, but not anymore. The
simplest task, such as applying for employment could very much
mean that you need good credit.
Having bad credit could impede your ability to survive. This is
sad to say, but it is a proven fact that people have been turned
down top quality job positions just because of their credit
rating despite the fact that that particular job could be
exactly what a person needs to fix their credit. That's a scary
catch twenty-two don't you think?
Ok, I'm caught in that scary catch twenty-two, what do I do?
Start by requesting a copy of your credit report in writing. You
are entitled by Federal Law to receive a free annual credit
report. There are three major credit-reporting agencies that you
need to contact, you can run a search on the internet or find
their information in a phone book. If you have already received
a credit report for that year, you may also use any letter of
credit denial by sending in a copy of that letter within 60 days
of its receipt with your written request. Be sure to include a
copy of your state issued ID, proof of your address and your
last known addresses for the past 5 years. It is very important
to include a copy of your social security card.
What does is mean to have good credit? Who cares who sees it?
Unbelievably, your credit report is public information to
anybody where you are asking for a line of credit. Any time you
apply for employment, an apartment, or attempt to make a big
purchase, you are asking for credit and permitting the potential
creditor to view your credit report. Although your credit report
does not reveal a personality diagnose, it may just as
well,
considering it is through your credit report how others
(potential creditors) will perceive what kind of person you are.
Businesses look into your credit report and determine by your
ability to pay and follow through on your promises what kind of
person you are. Do you adhere to your promises? Are you stable,
do you follow through on payments? If so, then you most likely
are a good and reliable person. You may be worth giving a chance
at that perfect job, or residing in that particular community.
What about good people with bad credit? You may be a good
person, you may even be the most considerate and compassionate
person alive; however, if your credit report shows a late
payment or no payment on an account at all, your entire being
could be perceived as not reliable, unstable and untrustworthy.
Prepare yourself to deal with a lot of paper work and phone time
once you are ready to repair your credit. What does this mean?
How can I protect my reputation? What this means is that it is
time for you to fix your credit. Your income may be null or
limited, that's ok, there is still a way to save your personal
reputation and open more doors of opportunity. Once you receive
your credit report(s), contact the creditors listed and make
payment arrangements, even if it is just $1-$5 a month. Doing
this shows your willingness to get back on track, it show that
you are putting effort towards establishing stability and
responsibility.
Whom can I turn to for help? There are many resources available
to assist with credit repair, make use of your library or the
internet. Most credit repair agencies offer free services, take
advantage of their offers and assistance. Building your credit
is more than being able to make a big purchase, it also means
you are establishing your personal reputation and setting your
survival foundation.
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
|
|
|
|
|
| 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 |
|
| 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 |
|
| 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 |
|
| Federal Trade Commission - Consumer Credit Center |
| Features an assortment of helpful articles related to credit issues. |
| www.ftc.gov |
|
| 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 |
|
| 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 |
|
| 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 |
|
| Credit Suisse Global |
| Credit Suisse Group is an international financial services group. - Shares part of SMI. |
| www.credit-suisse.com |
|
| Experian: Free Credit Report and Credit Score, Credit Check ... |
| Credit referencing and consumer targeting for the USA and other countries. |
| www.experian.com |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| CUNA: The Credit Union National Association |
| News and resource directory about credit unions. |
| www.cuna.org |
|
| 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 |
|
|