Understanding the influence of credit utilization on your creditworthiness is critical to improving your credit score. In this blog post, we'll look at what credit utilization is, why it's essential, and what you can do to keep your credit use ratio low.
One of the first things young adults need to know when they’re just starting out on the road to the rest of their life is how important it is to build and maintain good credit. In the world we live in today, your credit score is the basis of how you are treated by the big businesses you will find [...]
There are many ways to get ahead financially: attend seminars where you cut up your credit cards with hundreds of other people, participate in debt consolidation services that help you take out a home equity loan or refinance your home, or you can transfer debt on one credit card to another credit card with an introductory rate of 0% (which [...]
If you’ve ever experienced financial problems in the past then the chances are that any mistakes youíve made (whether you know youíve made them or not!) will be recorded on your credit record. In many cases these mistakes will occur as a result of financial problems you may have experienced but often you can get a bad credit history without [...]
As a consumer you have learned the importance of establishing a good credit rating with your lenders. Whether you are shopping for a new home or auto, or searching for the best deals on insurance, your creditworthiness will be judged by your credit rating or credit score. A bad credit history or bad credit habits will place “black marks” on [...]