Whether you like it or not, your personal credit history, and your credit score, can pretty much run your life. It can impact your ability to get a job, buy big-ticket items like houses and cars, and can limit your success in life. The bottom line is this, everybody has to play the credit game.
So, how do you find out where you stand? Know your credit score, read your report, and do everything you can to rebuild and repair your credit if your score is low. Learn how to:
Credit cards can be a useful financial tool, but they can also hurt if you have no self control. Use prepaid and secured cards to rebuild your credit or use rewards cards if your good at controlling yourself.
As is often the case after the holidays, credit card holders are little prepared to deal with the credit card bills they get in the mail come January. While it is better to prepare well ahead of time for holiday spending, there are some tips to help you survive your credit card bills during the [...]
Are you aware of everyone who can pull your credit report? Many people do not realize that their credit score factors into more than just getting a credit card or a home loan. Any time you apply for credit, the potential lender can get your credit report to determine how risky it is to lend [...]
If you have a credit card with a high annual fee, you may be trying to decide whether or not you should cancel the card. Instead of canceling the card entirely, maybe you should try to get the annual fee waived on your credit card. If you really want to keep your card but don’t [...]
The holidays often involve a lot of chaos, stress, and absent-mindedness. They also involve a lot more spending than you or your budget is used to in a year. As many consumers are still apt to wait until the last minute, financial decisions during this time are not always contemplated as carefully as they should [...]
Your credit utilization ratio is the total of your credit balances divided by the total of your credit limit. If you have credit cards and a revolving loan that make it possible for you to charge $10,000 worth of purchases and you have spent $5,000 – you have a 50% credit utilization ratio. Your credit [...]
What is Debt to Credit Ratio? In simple terms, debt to credit ratio is the amount you owe on a card to the credit limit on that card. For example, if you have a credit card with a $10,000 dollar limit and what you owe on that card is $5,000, you have a debt ratio [...]
Credit counseling is just one option for those who are struggling with debt problems and credit issues to find relief and a light at the end of the financial tunnel. However, many consumers will shy away from getting the help credit counseling offers because they fear the process will ruin their credit score. This is [...]
If you are in the market to save some money then a balance transfer deal is something that you might like to consider. Balance transfer credit cards are designed to give you some relief from other high interest credit cards. They give you a chance to pay down your balance and give you the breathing [...]
When one spouse holds an individual credit card account and runs up significant credit card debt, they may wonder how this will affect their spouse. In some cases, a husband or a wife will maintain a credit account on their own to keep a private account or to hide excess spending. Whatever the reason for [...]
One way consumers choose to eliminate debt is to evaluate their options using credit cards. A popular choice for this purpose is often balance transfer cards that offer 0% interest for a period of time that allows you to consolidate your existing credit card debt onto the new card. With zero interest, consumers have a [...]
Our goal is to help consumers get their financial lives in order. No matter what the circumstances you find yourself in, there are simple things you can do TODAY to help you Erase Debt, Spend Less, and Earn More © 2011 Venture8 Media. All Rights Reserved. Reproduction without explicit permission is prohibited.
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