
How to Botch Up, Then Peddle Back to Good Credit
December 23rd, 2009 admin

By Little House As a young adult, I thought I had a firm grasp on being financially responsible. At the tender age of 18, I moved out of my parent’s house to live on my own. I couldn’t wait to become an adult with adult responsibilities. I had the basic understanding that I had to pay my bills on time, and I made sure that I was always employed. But I never really understood my credit score, or how the credit agencies calculated that elusive number, or even why it was important to build a good score. This misunderstanding led me to make some irresponsible decisions that took many years to correct. To be quite honest, those mistakes of yesteryear…
Related Posts

A good credit score has advantages of it’s own. To take steps to improve one’s credit score makes the customers case only better. The credit scores are calculated by the bureau. Each credit rating agency uses a different approach to calculate the score however the FICO scores are the most important which is taken into account by most of...

Knowing how your credit score is calculated is important. It allows you to be able to improve your score.
Read More →

Credit score is an indication of your credit worthiness and is used by debtors and banks to extend debt. It is not only good but important as well to keep a close eye on the credit report. Most people realize they have a bad credit history only when they apply for loan for a house or an auto and are denied or charged with a high interest rate on the...

Thoughts on managing debt wisely with debt management programs. How do these programs affect your Equifax credit report and score ? I have been a financial counselor for over two years, and here’s one question I often receive from clients: if I implement your debt management program, how will this affect my credit score? People ask this because...

Establishing a line of credit is quite the norm in the United States of America. Whether you have tried to buy a car or buy a new house, you have to have good credit score in order to get the money you need to purchase these large items. It is quite easy to build up a good reputation with your creditor if you make your payments on time. A credit score...

As of February 2010, credit bureaus will now be estimating Americans’ incomes, available for any would-be creditor or landlord to see. But how accurate are these estimates? How are they calculated? What does it mean for real estate investors and the self-employed? For tenants looking to sign a new lease agreement? Here’s a brief look at...

To fix your credit score, there are actions you will take that will fix your score better than others would, this is based of the way they are calculated. Generally speaking, paying your bills on time and meeting your financial responsibilities will help boost your score a great deal.
Read More →

There are many ways to establish credit that are available to build the highest credit score. Some include servicing the debt of a vehicle loan and making a mortgage payment, but the most common and easiest way to build personal credit is to use a credit card. When you first receive a credit card there are many rules you must understand such as servicing...

You can increase your credit score by adding positive information to your credit report. This little known tactic can help build your credit score as well.
Read More →

If you have made a mess of your financial situation and if your mortgage lenders were forced to foreclose your property, it is but obvious that your credit score will take a huge hit. Buying a secured house or any other immovable property is a very big financial decision. The average individual is not expected to take such decisions without adequate...
Related Tweets from Twitter
|
carddeals (Credit Card Deals) : http://bit.ly/c1DBDN RT @jking358: Free credit score. Triple bureau credit monitoring included. http://tinyurl.com/3xzr6jt #gfc.. Updated : 2010-09-07T13:01:33Z | Reply | View Tweet |
| migmortgage (LD Bland) : You get a 640 or higher credit score, or pay NOTHING. We Stand Behind what we say. http://tiny.ly?pEY #credi #repair.. Updated : 2010-09-07T13:00:28Z | Reply | View Tweet |
|
|
edgosselin (EdGosselin) : six-popular-credit-score-myths: Personal Finance News from Yahoo! Finance http://yhoo.it/a9zWRT.. Updated : 2010-09-07T13:00:25Z | Reply | View Tweet |
|
TopShelfShxt (L'Oreal Sade' Rose`©) : RT @lboogie0920: #ifihadonewish an 800 credit score would be great right about now!.. Updated : 2010-09-07T12:58:43Z | Reply | View Tweet |
|
mustqueem (mustqueem ahmad) : RT @IrmgardBackus35: @mustqueem Don't embarrass Yourself when trying to Buy a New House! Get Your FREE Credit Score @ http://tiny.cc/qpm6c.. Updated : 2010-09-07T12:57:44Z | Reply | View Tweet |
Related News from Digg
Leave a comment
| Trackback





















