Managing Credit and Debt Archive

Improve your Credit Score

Lenders, landlords and insurance companies will use your credit score to assess risk factor. A poor credit score adversely affects your ability to rent an apartment, buy affordable insurance, or obtain a loan, mortgage, or …

Dealing with Debt Collectors

The phone rings, you look at whose calling, and you don’t recognize the phone number.  Damn, it is one of those persistent debt collectors. But I don’t have any current debts! Your first response may be …

How to Remove Debt from your Life

How to Remove Debt from Your Life Many people believe that simply making more money will solve their problems but, in most cases, it only causes bigger problems. If you do not take control of …

Debt Collectors and Invalid Debts

There are two things most people want when a debt collector calls: get them off the phone, and get them out of your life. But if the collector happens to be calling about an invalid …

10 Steps to Financial Freedom

We all want financial freedom, but many times the question is, what exactly are we willing to do to gain such independence. Like most things in life, financial freedom can not be obtained without hard …

How to Avoid Excessive Student Debt

The majority of students will graduate college with a student loan debt of around $22,000 which becomes reality once the payments fall due six months on. The last thing you want to do is increase …

Improving Credit Scores

Your credit score is the single most important factor businesses consider when evaluating you for credit purposes. Employers and insurance companies are also interested in gaining insight to your financial solvency. Your credit score is …

Survivng a Bankruptcy Filing

Filing for bankruptcy these days has a significant consolation: You’re not in it alone. This is one of the main things to keep in mind in order to survive a filing. Here is a little …

Tips for Avoiding Credit Card Debt

There are many efficient tips for avoiding credit card debt. The use of credit cards has cause many people to become saddled with a ridiculous amount of debt, and no conceivable method of making the …

Repairing your Credit

Everyone makes mistakes, but a low credit score isn’t a permanent black mark on your record. With time, effort and negotiation, your credit can be repaired. 1. The first step to repairing your credit is …

How to Survive a Bankruptcy Filing

Deciding to file for bankruptcy is not an easy decision for most people.  It is a last resort type of decision and one that is not made lightly for most that make this decision.  More …

How to get an Online Payday Loan

The Smart way to Get an Advance on Your Next Paycheck You need money now and are wondering whether you should ask your employer for an advance on your next paycheck. Your employer may or …

Why Landlords Run Credit Checks on Tenants

The last thing a landlord wants is to be stuck with a tenant who cannot afford to pay the rent on time. Whilst personal references once sufficed for tenants seeking rental accommodation, these days they …

How to Survive a Bankruptcy Filing

Yes, you can survive after filing bankruptcy. Hold your head up high and move on with life. People will be judgmental, but that is their problem, not yours. You suffered already as you contemplated the …

Do Low Limit Credit Cards help Improve Credit

Do low limit credit cards help improve credit? Credit cards are a necessary factor in maximizing your credit profile. While paying mortgage and car payments can help your credit score, these types of payments do …

Credit Card Debt Reduction Tips

That statement has arrived again. I was hoping it wouldn’t show up in my mailbox but alas it is there. The monthly credit card statement with all I’ve spent and interest due from past purchases. …

Tips for Achieving Economic Prosperity

Are you trying to achieve economic prosperity? If so, there are a million other people out there just like you who are trying to achieve the American Dream of making it financially in life. Is …

Common Credit Card Traps

Credit cards are, for many people, an essential part of everyday life. They are necessary to pay for goods in retail stores, over the telephone and via the Internet. Banks and other credit card providers …

How many Credit Cards is too many

There’s no topic that incites as much controversy in financial circles as the thorny question of credit card usage. Credit cards provide a means to “buy now, pay later”, which can undoubtedly be convenient but …

Common Credit Card Traps to Avoid

Credit card is a convenient system of payment.  The credit card holder can use the card to buy goods or services and pay the credit card company later.  Credit cards have become very popular, with …

How to Fix Mistakes on your Credit Report

In 2004, U.S. PIRG, a consumer-advocacy group, conducted a study concerning the accuracy of information contained in credit reports.  What they discovered was shocking.  The group concluded 25% of the credit reports contained errors serious enough to lead to …