Having bad credit can feel hopeless and like a burden you will have to carry for the rest of your life. But, while recovering from bad credit isn’t easy, it’s possible. In fact, many people have already done it. Below are three tips for improving bad credit. 1. Start Paying or Arrange Payment Plans The...
A few key factors tend to influence your borrowing capacity under all circumstances. But there is actually a single important factor that helps in determining whether you can own a home or not. Gaining a fair idea of how much you can borrow is of great help when you’re considering multiple properties simultaneously. Once you...
Have you applied for car finance recently but did not get approved because of bad credit? There are numerous factors that can affect your application for loans or a new line of credit, and among these factors, your credit standing plays a crucial role. You may feel that you have met all the other requirements...
Image via pixabay How many of you would ever attach your credit score to your online dating profile? Probably not many of you. But, your credit score might play an even bigger role in shaping romantic relationships than you think. When you talk about your credit score, it is less about the actual amount of...
One of the most interesting parts of growing up is being able to taste financial freedom but learning how to use your finances can be challenging. It is a prerequisite among students to build good credit as in the future this helps you qualify for loans at a reasonable interest rate, auto insurance with reduced...
Too many people are unaware of their own Credit Score and misunderstand fully why we have them. Your credit score can have both vast rewards and exponential pitfalls, which effect an adult in almost every aspect of their lives. Taking an interest in what your Credit Score looks like and what affects it, will make...
There are a couple of things that you need to know about having less than perfect credit. The first is that there are more people out there whose credit profiles are not nearly as awesome as they’d like them to be—so there is no reason to feel embarrassed about your score or situation. The second is...
Credit issues can impact just about every aspect of your life. Why? If you do not have a good credit score, it is harder to qualify for mortgage loans, auto loans, and other types of financing. In addition, a bad credit score can result in higher insurance premiums, and you may not be able to...
It’s easy to vilify credit cards as a means of racking up huge amounts of debt. Whilst it’s definitely true that UK consumers are often heavily indebted to their cards, they can still be useful tools to protect your finances and manage cash flow: They Protect Your Cash Fraudulent transactions and identity theft are rampant...
Today let’s focus on the best ways to increase your credit score. Without wasting time, let’s jump right into it. 1. Improve the “Utilization Rate” on your Credit Cards and Unsecured Loans. Then continue to use your credit cards, pay them off in full each month and consistently increase your credit limits. Your credit score will...