Going from Zero to 720 Credit Score in One Year

your credit score can have a big impact on many different areas of your life. If you have little or no credit history merchants don’t know if they can trust you or not so they charge you big deposits for everything including getting a cell phone, renting a car, renting an apartment or getting the electricity turned on. These deposits can be several thousand dollars! But if you had a good credit rating they would waive these deposits altogether.

If your credit score is not the best at the moment, you could be thinking about taking steps to improve it, but might not know the best ways to do so. Below are some of the things you should think about when it comes to your credit score.

5 Essential Tips for Managing Your Credit Score

Your good credit follows you in much more than granting you amounts of money you can spend and pay back over time. It follows you into everything from renting an apartment to getting a job. It determines the interest rate you will pay on credit cards, financing and loans. It can even alter how much companies charge you for things such as insurance or cellular phone service. A low score can even result in you paying deposits for public utilities and other services or require larger down payments on loans. Here are five tips to manage your credit score.

Poor Credit Got You Down? Try This…

A bad credit score hurts you in many ways, it not only prevents you from buying stuff, it also raises the interest rate you have to pay on stuff you do buy. People with Good Credit Pay Lower Interest Rates. So how do you improve your credit score?

How Bad Credit Happens & How to Keep It from Holding You Back

Having a good credit score can make your life easier in a variety of ways. For instance, you may be able to get loans at lower interest rates or insurance policies with lower premiums. It may also be easier to get a job or get an apartment in a desirable area. Let’s take a look at why a person may have a bad credit score and how to overcome it.

Can’t Get Approved for a Loan? What It Takes to Repair Your Credit

Having a good credit score can make life a lot easier. According to an article on Capital One’s website, a good credit score will lower your expenses because “many lenders offer better terms and lower interest rates to people with good credit histories.” They also say that a Good credit score may make it easier to: Buy […]

4 Money-Saving Tips Used By Financial Experts

Whether you’re putting money toward retirement or just scrimping to get by, there are a number of steps you should take to optimize your money’s value. Here are 4 money optimizing tips that the financial experts use.

How Paying Interest will Eat You Alive

Whenever you take out a loan or create some form of debt, you must pay interest. Interest is considered the cost of doing business. It compensates the lender for the use of the money. You can think of it as the rent you are paying for the use of the money.  The interest rate that […]

How to Protect Your Finances in a Crisis

The economic climate is still precarious. Looking at Greece’s economic turmoil, and the Government Shutdown in the US, there is plenty to be wary about when it comes to hanging on to your money. Even as some economies begin to grow, there are many that are balancing between negative and positive growth. So how can […]