Tweet A poor credit rating is usually caused by a failure to repay your debts on time; however, it can also be caused by a number of other factors, including
Tweet Or some people will tackle credit repair by filing bankruptcy, which defeats the purpose and will hold you back from having a clean credit report for 10 years. Are
Tweet Sometimes your finances can get pretty hard to manage when trying to pay your bills in between your paydays. If you find yourself juggling your money each month to
Tweet 4. Pay on time Paying the debts on time works favorably. It shows that you are a responsible borrower and can be trusted with the loan. As a credit
Tweet When you are applying for a loan, the provider will usually check your credit portfolio, which enables them to see any loans you have had previously and your history
Tweet Before you know it, bad marks start to weigh against your credit and that is when your financial good standing really starts to go south. Sometimes the claims on
Tweet These are just some of the ways that your credit might be getting in the way of you moving up in the world. Difficulty Finding Housing Banks have gotten
Tweet There are millions of people who have thin credit files which mean that they have little or absolutely no record of using credit. Almost 1/4th of the US citizens
Tweet The first part is getting rid of any outstanding debt that you currently have. The second part is often overlooked but is just as important, and that is raising
If you are trying to keep your financial life on track, it’s important to stay away from bad habits that could harm your credit rating.
Even if you don’t want to buy anything on credit in your entire life and believe in saving up and paying upfront, a good credit rating is still a must-have. Good credit will help you with a bunch of things, so it is important to avoid mistakes that will hurt this rating as much as possible.
It can happen to anyone, at anytime, and according to the FBI, roughly 10 million Americans fall victim every year. Identity theft is a serious threat with lasting consequences, and perpetrators are becoming increasingly savvy when it comes to stealing your personal information for their own nefarious gain.