Over the last few years, Credit Reporting has gotten a lot of attention in the media. Part of it due to the Dodd-Frank Financial Reform Act, but I also give a lot of “credit” to the jingles of Freecreditreport.com. Although I love the commercials, I’m not a huge advocate of the website. Their idea …
Credit Building
Credit Scores Are Meaningless…Apparently
There are thousands, if not millions, of articles on the web explaining the importance of credit scores. Lenders use them. Insurance agencies use them. Even employers are beginning to view them. My question to these authors is – if credit scores are important – then why does my near-perfect score …
How To Stop Receiving Credit Card Offers
Think back to when you were 10 years old. An envelope would come in the mail with your name on it. Didn’t matter who it was from, the excitement was still there. There was something about receiving mail that makes a kid feel important. Fast forward 20 years…Complete 180. Now you dread mail. It’s …
3 Tricks To Begin Building Credit
The question I always get from people with regards to credit is: “How do I build credit? I can’t get approved for anything.” It probably feels like an endless cycle. You can’t have credit unless you get a loan, but you won’t get a loan unless you have credit. A lot of younger adults struggle with …
How To Get Approved For A Loan Vol. 2
I’m going to piggyback off of vol. 4 and go into more detail. Keep these tips in mind in order to get approved for a loan. The “more detail” is bold/italicized. Credit - Most banks and lenders consider anything above 720 excellent. How to get there: Check your report for …
How To Get Approved For A Loan
The most important reason to maintain good credit is for loans. There are a number of other reasons (I’ll mention later) but it’s primarily to save you on the interest you’ll pay on loans. With that said, here are a few tips to consider when applying for a loan. Credit - Most banks and lenders …
Where Should I Check My Credit Report?
The biggest step you can take to improve your credit score is: TO CHECK IT! How can you improve something you can’t see or know nothing about? You can’t… Thankfully the Federal Government has helped us with step 1. By visiting www.annualcreditreport.com (government sponsored) you are able to …
