Used wisely, credit allows for the convenient purchase of items both big and small. Used unwisely, credit can, and has, led to home foreclosures and bankruptcy. Learn to use credit and debit cards smartly and improve your credit score.

  • Any credit repair company that promises to remove legitimate bad debts from your credit history is lying. Under the Consumer Credit Protection Act, such information remains on your credit report for about seven years.

  • The disappearance of bad credits, if any, is only temporary. For help, check out the National Foundation For Credit Counseling.

  • However, having said that, a good credit score is your passport to competitive interest rates for mortgages, cars, credit card offers, job offers, insurance premiums and more. A strong score is worth it because it saves you money.

  • Go for a card that allows you to manage everything online so you stay under control, like this one www.hsbc.com.au/1/2/personal/services/credit-card-online.


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Why You Should Never Own a Credit Card

Saturday, July 8, 2017, AM | Leave Comment

The amount of debt carried by teens and young adults from the ages of 18 to 24 has gone up over 100% since the year 1992. Given that as these young adults are spending up to 30% of their income to pay for this debt, it is important that teens and the parents of teens […]



How Your Credit Score Will Impact Your Next Car Purchase

Friday, May 5, 2017, AM | Leave Comment

In the modern world, a credit score is not only a number, but also a measure of how easy it will be for you to borrow toward the necessities of life. You probably know that your credit score affects things like the limit and interest rate on your credit card and your ability to borrow […]



Credit Repair: Believe It Or Not It’s Possible

Friday, April 14, 2017, AM | 1 Comment

Rebuilding your credit can seem difficult at first, but it doesn’t have to be. A credit score can range from 300 to 850, with lower numbers representing a heavier risk. If your credit score has fallen below 600, you may have a hard time finding lenders and credit products that you can qualify for. Credit […]



5 Ways to Spare Your Credit and Avoid Bankruptcy

Thursday, March 9, 2017, PM | Leave Comment

Bankruptcy affords those in significant financial distress a clean start. However, the fact of bankruptcy remains on your credit history for up to a decade. If you seek to avoid the harm to your credit and ability to buy a home or other major ticket items, consider these tips to suppress your debt burden. No […]



Fresh Start: 3 Tips To Help You Rebuild And Recover From Bad Credit

Monday, January 16, 2017, PM | Leave Comment

A poor credit score can hurt your finances in a number of ways. A very low score could outright prevent you from acquiring needed credit like an auto loan or mortgage. Even if you do qualify for the loan, a lower score usually means that the terms of your loan will be harsher. You may […]



Commercial Credit Score Basics: What is It and How Can You Boost It?

Monday, January 16, 2017, AM | Leave Comment

If you are running a business, you are sure to have come across many difficulties. With the current climate of uncertainty in the fast-paced business world, it takes a lot of effort and caution to build a reputable, successful company. So, what exactly is a commercial credit score? It is, in layman’s terms – that […]



Saving Money and Repairing Your Credit Step by Step

Saturday, December 17, 2016, AM | Leave Comment

Having a low credit score can impact quite a few major decisions in your life. Over the years, those who have poor credit scores will often have their loan applications turned down or be forced to deal with unmanageable interest rates. Here are just a few of the ways you can start saving money and […]



Top 4 Resources For Vaulting Your Credit Score

Tuesday, November 1, 2016, AM | Leave Comment

Your credit score is like your financial report card. It tells potential lenders, landlords and others how well you manage your finances. If your credit score isn’t as high as it could be, you might be able to benefit from some resources out there that can help you improve it. Here are the top four […]



Bad Credit Blues? Easy Ways to Improve Your Score

Monday, May 9, 2016, AM | Leave Comment

If you have bad credit, it may be harder to get a loan, find an apartment or get good rates on car insurance. The good news is that you can improve your score in a few easy steps. Within months, you may be able to add dozens if not hundreds of points to your score, […]



Six Keys for Creating Good Lines of Credit

Thursday, December 17, 2015, AM | Leave Comment

Diversity is important when building solid lines of credit since it represents how well you manage risk. Quality lines of credit should include both installment and revolving lines. Installment loans are usually secured by collateral such as a mortgage or vehicle and revolving lines are mainly reserved for credit cards.  Installment business loans can also […]



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