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Understanding Your Credit Score (21 Oct 2006) Understanding your credit score can help you improve it, which can result in better rates on loans. In this article, you will learn the basics of interpreting your credit score and what actions you can take to improve it.
Credit Reports – Why Your Credit Score is Important (21 Oct 2006) Your credit score is a lot more than just a number, and it is used by all manner of businesses for all kinds of reasons. Here is what you should know about your credit score.
Credit Suicide (21 Oct 2006) Few things influence the home buying process more than your credit. I like how Clark Howard refers to the three credit repositories as, "the three screw-ups". There is some validity to that, and hopefully recent legislation will help clean up many of the inaccuracies. Regardless, lenders need a source to determine levels of risk for lending money… and the Fair Isaac Company is where it lies.
Can Credit Search Entries Affect Your Ability to get Approved for a New Loan in the UK? (21 Oct 2006) Every time a lender checks your credit history from your credit file (i.e. each time you apply for a loan), your credit-file will have a record of this. These records are known as search entries. Too many search entries could well be a major factor in being declined for new credit. Here are some tips to ensure this does not happen to you.
Figuring Out the Ever Nebulous Numbers Called Credit Scores (21 Oct 2006) Ever wonder why your credit score went up or down drastically in the matter of a few days? Find out what items effect your credit and how to manage your credit effectively.
Dont Trade Your Future for Todays DooDads (21 Oct 2006) "Easy Low Down Monthly Payment," "Buy Now Pay Later," "You Deserve the Car Today and We Can Finance It for You," & "Spend Today, 0% APR until Next Year!" We see those statements above every where today, on TV commercials, car dealership, banks and magazines. Those statements have put a lot of people into a financial disaster, because the statements make a lot of people believe that acquiring bad debts is an ok thing to do.
Making Sense of the Information in Your Credit Report (21 Oct 2006) If you've ever applied for a credit card or loan, you've probably had your credit report reviewed by the lender. Your credit report has a huge impact on your financial future, so it's well worth your time to be sure that you understand what your credit report says about you.
Your Credit Card May Be Costing More Than You Think! (21 Oct 2006) Do you know what your credit card is truly costing you? Many
people assume that they do, but aren't familiar with the
hidden fees that many credit card companies are charging. In
fact, if you don't keep close tabs on your credit card, you
may end up paying hundreds of extra dollars per year—without
ever really knowing it!
The Best Auto Insurance Tip Ever Want to be smart about how you approach auto insurance? Ever wonder about how to set your deductibles? Here is how I kept my insurance payments low by setting a high deductable and then only having to pay $150 of my deductable anyway. I recently crashed my 2007 Ducati GT1000 motorcycle last Friday on the [...]
One of our most popular pages this month is hidden! I just reviewed our traffic statistics for Student Platinum, its been a good month for us but I was surprised to see that our second most popular page is one that’s not even directly linked to from the site. The page is a resource page for high school students and first year college students. It [...]
How to Responsibly Buy Yourself Something Silly Some people can live a frugal life, save all their money and derive great happiness and satisfaction from simple things in life. Ruby-orange sunsets, drops of dew on a rose petal or knowing that when you’re 85 you’ll have lots of money might be all you need in life but that’s not me. I’ll bet [...]
Managing Money, Value and $1,200 Handbags My girlfriend loves fancy expensive handbags. We walk by them in a department store and I’ll hear “ooh, isn’t that absolutely gorgeous?” I’ll look at the $1,200 price tag and reply, “no”. If she had the extra $1,200 I’m sure she’d buy it although she isn’t going to spend $1,200 on a handbag when she [...]
Credit Crunch: Get Your 2008-2009 Loans Now Before They Dry Up! I’ve been warning students about the credit crunch on the horizon for a couple of months now in this blog. Now the crunch is really here and it’s going to impact you in a very personal way…in your ability to pay for college. So forget about the past posts if you want and let’s get [...]