Credit Report / Credit Score — No comments
30
May 09
A lot of people ask us, ‘How to get a copy of my credit report?‘ There are many things in life these days that require having a good credit score, including applying for a loan, renting an apartment, applying for credit cards and even certain jobs. If you are thinking of taking out a mortgage you should definitely check your credit score before you start looking at real estate even if you never had any debts in your life. You may find some surprising things on it.
A credit report contains a person’s credit score or rating and all of their credit history. It shows whether a person has missed payments on a credit card or loan, whether payment of certain bills was made on time, and any outstanding debts such as unpaid court judgments and tax liens. Of course bankruptcy also shows up too.
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Credit Tips — No comments
25
May 09
This article will explain a few of the different myths about student credit and bust those myths wide open. Whenever you talk about finance in general, there are many false statements out there. These statements can be spread from well-meaning people but these statements can cause you to follow bad advice which can hurt your finances.
The first myth about student credit is that you must open a credit card to begin building credit. This is completely a false statement. When you talk about credit and beginning a credit history, this can involve loans as well. Student loans are reported on your credit report but these often aren’t used to begin building credit since they are often deferred until after the graduation of a student. Credit history is important but to build a good credit history, monthly payments must be made towards credit accounts.
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Credit Card — No comments
19
May 09
A credit card is the ultimate gadget for convenience. With this plastic card, you don’t have to bring much money. You can actually carry this one card in your purse and be able to pay virtually everything, from restaurants to boutiques, parking fees to laundry. Truly, the credit card is a godsend. Because of the potential of these plastic cards, a lot of con artists are targeting them. Below are some of the ways to avoid credit card scams.
Keep your credit card safe.
It is never good to brandish about your credit card as if it is some crown jewel that people should envy. Keep your credit card inside your wallet or purse all the time and never take them out unless you are asked to by the cashier. That way, you can be sure that it will remain there inside the bag. You see, with the size of credit cards, they can easily slip from your hands especially if you are trying shoes or looking at clothes racks.
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Credit Score — No comments
13
May 09
If you have read any of the other articles on this website or have seen the news, you know that it is very easy to steal someone’s identity or credit cards. This fear of the unknown prevents many from using credit at all because they do not know what may or may not happen. You should be cognizant of these problems but do not let it affect how you live your financial life. If we lived in fear of everything that could happen, would we ever leave the house in the morning? Knowing and understanding this is important but there are certain steps you can take to make it as hard as possible to for the bad guys to get a hold of your identity. This article will give you three main pointers on protecting your credit score through active prevention of the bad guys.
The first pointer for active prevention of the bad guys is to sign up for identity protection. This is a key and does not cost a great deal of money. If you are single, it often costs you under ten dollars a month or if you have joint credit, you will pay about fifteen dollars a month. This particular product offers you the opportunity to check your credit report as often as you want to and does not have specific times you can do this. You can do this from the comfort of your home twenty four hours a day, seven days a week. There is fraud assistance of up to $25,000 if your identity is stolen. Continue reading →
Loans — No comments
09
May 09
Getting a guaranteed bad credit personal loan is not so difficult now that the internet gives us access to so many more companies than we had in the past. Before the internet, somebody living in a small town might not have much option but the banks, and banks are very conservative when it comes to lending money. They do not like to lend to anybody with a bad credit history.
Online, many companies advertise loans specifically for people with a bad credit history or low credit score. This usually means that you or somebody in your close family had trouble paying back a loan in the past, or have outstanding debts, or something similar. Sometimes these low credit score loans are guaranteed.
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Credit Card — No comments
05
May 09
American Express, or AMEX, is one of the most recognisable names in the financial world. What many customers who have MasterCard or Visa credit cards in their wallet are interested in, is what is the difference between these two companies and American Express. Well the difference is quite simple.
MasterCard and Visa are both simply payment methods. They allow locations to accept payment using their system. They do not however, issue any credit cards of their own. For this they rely on their partnerships with thousands of banks worldwide who will issue credit cards, provide the credit necessary, and charge clients interest and give them rewards. None of your credit card bill goes to Visa or MasterCard. It all goes to the bank that provided the card. This bank also sets your interest rate, gives you rewards, offers you zero per cent balance transfers, the works.
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