Is it really that important to raise your credit score? Maybe. Lenders have “break points” between scores that get you one interest rate or another. Suppose you have a score of 688, and the lender drops the mortgage rate by .5% at 690. Those two points can cost you an extra $20,000...
Why Credit Bureaus Are Ripping You OffAnd How to Beat Them
When you pay your credit card bills, your loan balance, or your medical bills, this information is recorded and sent to credit reporting agencies, or credit bureaus. It is their job to keep track of your credit history and other...
Our credit history makes a great impact on our lives, beyond what may appear on the surface. For example, a good credit history will help us to easily obtain loans for a car, a house or other large items with lower interest rates; beside that, a good credit history also help us to obtain more...
The following suggestions may help you protect your credit card and your ATM or debit card accounts.
For credit and ATM or debit cards:
Be cautious about disclosing your account number over the phone unless you know you’re dealing with a reputable company.
Never put...
It seems like every gas station in the nation now has applications on the counter for a gas credit card. While many people may think, “Why bother, I already have a credit card,” gas cards today also frequently offer member bonus features like regular credit cards, including airline...
Why a Small Business Card May Make Sense for Your Company’s Finances
These days, more and more credit card companies are offering business credit cards to small businesses. A business credit card is similar to a personal credit card in terms of it having a reward program and the...
Credit card fraud is a serious problem in the United States, causing an estimated one billion dollars a year in losses to consumers. Consumers pay for this fraud when they have to pay higher finance charges, annual fees and increased costs for law enforcement.
Guard bills and credit...
Why A Good Credit Score Is Important To Your Business
Do you know your credit score is?
Do you even know WHAT a credit score is?
Don’t feel bad.
Most people don’t.
Your credit score tells lenders the type of borrower you will likely be based on...
Why “Do It Yourself Credit Repair” Is The Best Option
Having a good credit rating is one of the essential tools to leading a successful economic life. Although most people don’t give their credit reports much thought, good credit allows for many things that are usually...
Do you want to borrow a loan but are afraid that you would be denied due to your bad credit score? Bad credit score can greatly affect your chances of getting a suitable loan. Many money and bank lenders solely depend upon your credit score rating just to judge youre credit worthiness to pay off...
If you are worried about getting a credit card or have a credit card and it is not working out for you, then maybe you should look at some of the alternatives on offer. There are a growing number of card alternatives to credit cards, some of which may be a better option for you.
Why look...
Ready to apply for a mortgage loan? Thinking about getting a new credit card? Before you do, you may want to review a copy of your credit report to ensure that all your information is accurate. And, fortunately, there are quite a few ways to obtain a free copy of your credit report. Here’s...