Dec 15
Do you think that your credit score does not matter then think again? Your Credit scores will affect many aspects of ours lives. That’s why it’s important to keep your score as high as possible. Paying bill on time, and staying below you credit limits will help build and maintain your credit score. Here are …
Jul 06
Sure, credit card companies have glossy advertisements showing relaxed, happy vacationers using their Visa cards while dining in the luxurious, romantic restaurants. The truth is that the credit card companies really don’t care what you do for a living all they care about this making money on you. In order for the credit card …
Jun 27
Why is it important to have 3 revolving credit lines open? Credit bureaus give higher scores to people with at least three revolving credit card accounts. You will want to have a Visa card, MasterCard, American Express or Discover card. If you don’t have at least three then you need to open some. You do …
Feb 07
Why the 30 percent rule? Lenders want a fair assessment of whether you will repay your debt. You want to show the Credit Card companies that you fit the profile of someone more likely to repay the debt. The higher your utilization rate, the more credit bureaus assume you are financially strained. When people begin …
Jan 03
On Sunday mornings we always listen to the news as my husband gets ready for work. Sunday was January 2,2011 and they were talking about New Years goal. The subject that they were talking about was getting out of debt and the best way to do this. If you have high interest rates they want …
Dec 06
A wise man once said, “You can often times learn more by your failures than you can your successes.” With that being said you can reflect on the areas that you struggle in so that you can learn from them. There are a few key items that I believe contributed significantly to the dilemma that …
Nov 15
When I worked for Take Charge America I was always amazed at how many customers did not look at there statements. I received my Sprint bill and it was twice as much as it should have been. I called customer service and they just gave me the run around. I talked to another customer rep …
Nov 01
How much time did you focus on your goals and about getting out of debt? What is your attitude towards your debt? We are in control of our attitudes, so we are in control of how our day will turn out. We are also in control of our finances and how we deal with our …
Oct 25
Over the past few weeks I have posted articles on how to get out of debt. Oprah list 8 steps to help you get out of debt Step one: How much debt do you really have? Step Two: Track your spending and find extra money to pay down your debt. Step Three: Learn to play …
Oct 18
If you have a credit score of 720 then you are in luck with the credit card companies. Over the past year the credit card companies have been raising rates and cutting credit lines. The reason why the credit cards are now offering 0% APR is because the Delinquency rates are down 26% from a …
