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.


Credit Menu

 

 

 

 

 

 

 

Three Ways to Rebuild Your Credit

Tuesday, February 6, 2018, 6:00 AM | Leave Comment

People hurt their credit in a number of ways, and unfortunately it’s much easier to damage your credit than to repair it. Missing payments, failing to budget, and misusing credit cards are some of the most common ways you could end up in a bad situation with your credit. In order to identify past and […]



5 Easy Tips to Deal with Bad Credit Score

Wednesday, January 3, 2018, 6:00 PM | Leave Comment

Even though not too many people have a terrible credit score, there’s quite a lot of them who have what is referred to as bad credit score. According to PCI, any credit score that ranges between 580 and 619 is qualified as a low credit score. If you fall under this category, there’s no need […]



4 Choices to Consider When Your Credit Score Needs Improving

Wednesday, December 20, 2017, 6:00 AM | Leave Comment

Tough times happen to almost everyone at one point in their lives. If you’re experiencing financial difficulties or have in the past, you may have a difficult time getting financing when you need it because of a low credit score. You do still have options to improve your credit score even if you have a […]



Tips for negotiating with creditors and avoiding formal debt arrangements

Wednesday, December 13, 2017, 6:00 AM | Leave Comment

If you’re struggling to repay your creditors, informal negotiations could help you avoid having to enter an official debt procedure at a later date. It’s important to act quickly, however – being proactive in the face of debt not only demonstrates your commitment to repaying, it helps to prevent any further financial decline for yourself. […]



5 Steps To Increase an Existing Line of Credit

Saturday, September 16, 2017, 6:00 AM | Leave Comment

There are many instances wherein there comes a financial crunch. During this time, it is essential that you do not dwindle and think negatively. Yes, there is an urgent need of funds which is important to help you smoothen the proceedings. And the biggest question that comes to your mind is, how do I get […]



How To Improve Your Credit Score Starting Today

Wednesday, August 23, 2017, 6:00 AM | 2 Comments

Have you ever thought about what it takes to improve your credit score? A bad credit history can seriously damage your finances. Anything below 670 is not considered “good” anymore. Being denied approval for a loan or difficulty finding a job are only a couple repercussions for having bad a history with finances. Even if […]



Why You Should Never Own a Credit Card

Saturday, July 8, 2017, 6:00 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, 6:00 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, 6:00 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, 6:00 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 […]