Need to rebuild your credit? There are several ways to go about improving it. Some are obvious, some not as obvious. Here are two in particular that most people aren’t aware of: Go to a bank or credit union and get a prepaid credit card. This is where you give them $300 of your own…
One of the biggest mistakes people make when trying to be ‘responsible’ with their credit is using too much of it. Most people believe that if they use their credit cards to the max and pay it off at the end of the month, this helps build credit. This is not true. This actually looks…
A shaky credit score means the difference between getting approved for a loan and being denied. And when you’re ready to go for that first home, or new car the last thing you want is to be denied. If you know your credit is bad, there’s no time like now to make steps towards improving…
Are you throwing a lot of money at your credit card debt, but aren’t seeing a real difference? This is common where the borrower may be making the monthly payments on time, but still seeing a high balance. Here’s the issue. If you’re carrying around a $5,000 credit card debt where you’re making…
Have you gotten yourself into hot water because of a payday loan? These loans may seem like the perfect solution to your problems at first. Especially, when you need it for an unexpected expense. But if you aren’t careful, you may find yourself falling into default. The first time you’re unable to pay back your…
When you’re strapped for cash with nowhere to turn, taking out a payday loan may seem like a great quick fix option. But what most people don’t realize is that pay loans are usually the beginning to a vicious cycle of “catch up”. The borrower usually takes out a certain amount of money and in…
How much do you know about what’s in your credit report? Many people may be aware of their score, but their are components that affect your score. When you decide to take a look at your credit report summary, here are 5 things you can expect: Your payment history: This shows you any positive…