Fight Your Bad Credit Score to Earn Your Dream Car

Life is way too short for a bad credit score

Let your car dreams soar!

There are smaller things in life you never really care to enquire about. And why would you? There is so much going on in the world. Especially when you want to buy a car, you are so occupied with the selection of the car’s model; your eye gives credit score a miss. Don’t ignore your score because it might be the only reason you still don’t own the car. Start to improve your score today and earn your dream car!

It is not a perfect world in which you can easily buy your dream car with cash. You need an auto loan to buy a car. Your credit score will ascertain your chances of getting an auto loan. A bad credit score may pose as a challenge but do not worry. It is a temporary issue. Don’t put your car dreams at rest. Allow it to soar.

If Not Now, When?

Your credit score is important. And you may not notice how much a bad credit score can affect your dreams unt

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Understanding Your Credit Score Is Easy

Good news! Understanding your credit score is fairly easy and you can use this knowledge to help repair your score and keep it healthy.

35 percent of your score is tied to your payment history. If you haven’t had consistent payment history up until now, don’t panic. Part of the repair process starts with reaching out to creditors and bureaus to get inaccurate, misleading, and outdated information off your report forever.

If your payments are not current, get current and stay current. Creditors will often work with you to create a payment plan so you can get up to date on payments. Making payments on time should be your number one priority. It’s the easiest way to influence your credit score.

30 percent of your score is your credit utilization. Your credit utilization rate is extremely important, and you want it to be under 30 percent. What does that mean? Here’s an example.

You have three credit cards. Each card has as a $1,000 lim

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How Your Credit Score Can Open and Slam Doors for You

There are many ways to get ahead financially: attend seminars where you cut up your credit cards with hundreds of other people, participate in financial assistance service 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 goes up to 12% six months down the road).

The reason these methods don’t work is because we don’t concurrently cut our expenses while implementing these strategies. Even if we’re making more money, unless we cut expenses, we will continue to spend more money than we have and incur debt. Manage yourself and your money. Money is like food; we don’t eat only when we’re hungry, and we certainly don’t spend only when we need something.

Beware: Debt forgiveness can hurt you. The company that forgives your debt can issue a 1099C, which means the forgiven amount gets added to your taxed income.

Wh

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Reasons Your Money Is Better Off With a Credit Union

Today’s consumers have a full range of options when choosing products and services. And a shrewd shopper considers their choices and weighs their options in order to obtain the best product for their specific requirements.

Unfortunately, its obvious many consumers do not always do their research when it comes to where they keep their hard earned money. There are many banking options but research tells us that over 65 percent of consumers would not switch banks even if they had a negative experience or life change.

If you are currently banking with one of the “big banks” and are not happy with their services there are numerous reasons to consider banking with a credit union. If you’re not quite convinced they can be the right path for your finances, here’s a breakdown of the benefits of banking with a credit union.

Personalized Customer service

Because credit unions are banks for the people by the people and h

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Credit Card Identity Theft – The Simple Explanation and Meaning

What does credit card identity theft really mean? Starting a day with the fact that you have just been robbed of your personal information is bad enough. The credit card number you saved on your computer becomes your three-year-old agony. You change your mind about the safety of a personal computer. The credit card identity theft is one of the most common online crimes.

The unauthorized use of another individual’s personal information in fraudulent acts is considered identity theft. This personal information can be:

• SSN,

• birth date,

• name,

• street address,

• email address,

• gender,

• marital status,

• geographical location,

• driver license number,

• credit card number,

• debit card number,

• Bank account number.

And therefore credit card fraud is the unauthorized use of a credit or debit card, or similar payment t

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Credit Repair Services 101: Red Flags to Watch Out For, Your Rights, and Choosing a Legit Company

According to the “Credit Repair Organization Act”, it is unlawful for credit repair providers to lie about what they will be able to do for you, and to try to make you pay before they have even performed any services. These are red flags to watch out for when comparing offers from credit repair services. There is the “DIY” approach, but it can take a long time and be complicated depending on how messed up your credit reports are.

The ideal company will request copies of your TransUnion, Experian, and Equifax reports and review all derogatory marks like charge-offs, bankruptcies, late payments, tax liens, and so forth. Also, did you ever check to see if you were one of the millions of Americans affected by the Equifax hack? Hurry and do so if you haven’t yet. If any of your personal information is vulnerable to identity thieves, you’ll want a credit repair company with lawyers to help you prove that you are a victim.

The CROA requires

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The Free Credit Report Scam

Every consumer in America has the right to a free credit report once every year by law as of September 2005. But since that law has passed there has been nothing but confusion.

The web sites that say they are offering this so called free credit report, are asking us to give them our credit card information. Does that sound like a free credit report to you?

You may have even given your credit card number to these companies to sign up for a thirty day trial for a credit service that has almost nothing to do with getting your free credit report.

In all fairness, you can cancel this service after thirty days. But how many people do you think forget and end up with monthly or even annual credit card charges?

In fact, these companies are counting on you forgetting about the thirty day trial and charging that fee on your credit card. But if the law says you get a free report, what’s the deal?

A lot of people are confused about these free credit repo

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Restaurant Table Credit Card Readers – Good or Bad?

Select restaurants around the nation are testing table-based credit card readers that allow customers to pay for there meal at the table. The news scare in the past year regarding waitresses and waiters stealing customer’s credit card information led to the transformation of a new industry involving products that protect consumer’s credit card information.

The restaurants that are participating in the credit card reader beta launch were reluctant at first to participate because they feared diners would feel rushed. Fast food restaurants such as McDonald’s allow customers to pay at the counter with their credit card. Table side payment is different from counter-side payment because diners are actually sitting down and being served by an employee that works mainly on tips. Waitertalk.com, an online forum for waiters and waitresses to vent on topics such as ‘bad tipping customers’ and ‘unruly management’ have formed a discussion forum ag

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Credit Repair Programs: Benefits of Choosing the Right Company and Raising Your Credit Score

There are many benefits of joining credit repair programs, as long as you stick with the ones that are legitimate. Cleaning up your credit report and maintaining a high score will allow you to keep more money in your pockets since your interest rates will be lower and you won’t have to worry about getting sued. You’ll be more likely to get more credit if and when you need it, and it will be easier to get an apartment. Application processes will be faster, if not instantaneous. Also, a higher credit score means you have more bargaining power when it comes to negotiating with retailers, banks, and credit card companies. Need a new car all of a sudden? A high credit score will make that easy to get.

No matter how or why you ended up with bad credit, whether it was poor money management on your part or you experienced an emergency that cost a lot of money, there still might be some things about it that can be fixed. Negative items could potentially be removed. You cou

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Check Thy Credit, Know Thy Credit

According to the New York Times (2018), “… more people are checking their credit and more are knowledgeable about how the scores work.

In a survey about credit scores published this week, 57 percent of adults said they had “obtained or received” their scores in the past year, up from about half four years ago. The eighth annual survey was commissioned by the Consumer Federation of America, a nonprofit advocacy group, and VantageScore Solutions, a credit model created to compete with FICO, the dominant score provider.

Your credit is a proprietary, calculated score and those are three-digit numbers that lenders use to judge the creditworthiness of borrowers. A score summarizes information in your credit report, which is a compilation of information about your loans and credit card accounts. Generally, the higher your score, the better interest rate you’ll get when opening a credit card account or taking out a mortgage or car loan.

Ste

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