American Express Credit Cards
Also known as AMEX, American Express is easily one of the most recognized names in the world of credit cards. Even though many people have Visa or MasterCard credit cards, they are still interested in AMEX. With Visa, MasterCard, and AMEX being the…
What is a Mortgage?
You and I know that Mortgage is a type of loan you borrow to buy house or propery. It seems simple enough, but, as you look into it deeper, it’s awfully complicated stuff. There are many different types of Mortgages, but, major types are Fixed-Rate Loans…
Reduce Debt and Credit Types
Reduce your Debts If you have a lot of debt, your credit score will suffer. Paying down your debts to a minimum will help elevate your credit score. For example, if you have a $1000 limit on your credit card and you regularly carry a balance of $900, you will be a...
Avoid excessive credit
If you have many lines of credit or several huge debts, you make a worse credit risk because you are close to “overextending your credit”.? This simply means that you may be taking on more credit than you can comfortably pay off. Even if you…
Pay Bills on time
Because of the way credit scores are calculated, some actions you take will affect your credit score better than others. In general, paying your bills on time and meeting your financial responsibilities will boost your score the most. Owing a reasonable…
Develop an action plan
Once you have your credit report and your credit score, you will be able to tell where you stand and where many of your problems lie. If you have a poor score, try to see in your credit report what could be causing the problem:
Do you have too…
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