Will carrying a credit card balance through month end hurt your credit score
As I vaguely mentioned in my $100,000 by Age 30 year end recap post my wife and I are starting to save for a house we want to build down the road ( ... and research. One thing that I want to start preparing for is upping my credit score to get it as high as possible to make sure that I would qualify for the best rates. My credit score is not bad [more...]
Date: 2009-01-16 06:00:12
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Use Your Inactive Credit Cards At Least Once A Year
I just got a letter from Washington Mutual / Chase telling me that they have closed my credit card account with them effective November 14th, 2008 ... Providian) which helps your credit score and it also gave me a free FICO score update each month. Doh ... like a more reasonable response. The easy solution is to remember to use each of your credit cards [more...]
Date: 2008-12-06 17:32:34
Bureaus Roll Out New Credit Score Formula for 2009
The three credit bureaus will begin using a new formula to calculate credit scores in 2009 - just as folks were starting to get the hang of what ... as to how much of your available credit you’re using. According to Yahoo! Finance columnist Liz Pulliam Weston, “if your credit card issuer slashes your credit limit — which is increasingly likely [more...]
Date: 2008-12-29 21:48:19
Credit Nexus : Get 3-in-1 Free Credit Report
Posted on Wednesday, January 14, 2009 No Comments Labels: affects my credit score, improve credit score, ... one website that teach you how to remove credit report errors? One thing is sure, first time I realize ... remove credit report errorsCredit Card - is a part of a system of payments named after the small [more...]
Date: 2009-01-13 20:04:00
Credit Card Horror
The availability of credit for anyone no matter their credit history has caused many financial problems for consumers ... card companies report that at least 20% of consumers have maxed out credit cards ... specific sales pitch or ad. If you have a good credit score, (630 or above), you can usually [more...]
Date: 2009-01-16 23:12:15
Why A Credit Score Is Crutial To You
Credit scoring is nothing new, it’s been used for 4 decades. A good credit grade is crucial in our financially forced order ... can be utilised, no matter what location you have in society. From employment chances to purchase a house or a car and gaining a charge card, a person must have a good standing in their credit history [more...]
Date: 2009-01-03 21:05:48
Weekly Carnivals and Roundup
This week I participated in multiple carnivals. Also next Monday I’ll be hosting the carnival of Twenty-Something Finances ... this week MoneyNing asks does credit card spending limit affect your credit score? I have heard ... . Please submit a post here, and come back on Monday to check it out. Also please leave a comment [more...]
Date: 2008-11-14 17:00:48
The Importance of GOOD Credit
by Rob Kosberg We all should know that good credit is a “must have ... to get a loan, a mortgage, credit card depends on a good credit rating. Our “Credit Score” is most ... FREE Guide on Maintaining and Repairing your Credit [more...]
Date: 2009-01-03 12:23:01
Visa Black Card for When Gold Just Won’t Do
There is a new elite credit card out on the market. This time it isn’t American Express that is offering it ... explain what credit score or annual household income you need to qualify, but I am assuming ... Card. These elite types of credit cards go the extra mile for those that are willing to pay [more...]
Date: 2009-01-07 12:28:53
International Graduate Student Admisison Decreased by 3%
I was browsing to find some interesting article to our blog readers and I stumbled upon this interesting survey by Council Of Graduate Schools about ... Enrollment in U.S. Universities. You can read the full report from here. Image Credit : Tony Shi ... Scores for PhD in 28 Fields GRE and TOEFL Score Forwarding Applying for student Credit Card [more...]
Date: 2009-01-08 01:41:15
Why Is It Essential To Have A Good Credit Score?
by Jason Bishop A healthy credit score is principal in our financially driven order ... don’t recognize that Receiving a good credit history can aid them with employment opportunities, applications for credit cards, buying a new house or even a new automobile. To be able to buy a new [more...]
Date: 2009-01-12 19:41:17
FICO Fitness Fundamentals
A FICO score is the number that determines the interest rate you pay on credit cards, car loans and mortgages ... credit bureaus: Equifax, Experian and TransUnion. The FICO score is linked to just about every ... in your favor) Don’t apply for any new credit cards Review your credit report periodically to make [more...]
Date: 2008-11-25 16:08:53
Credit Card Companies Are Closing Unused Accounts
Several GRS readers have written lately with the same credit card problem — but not the one you’d expect ... . And for my past loyalty they’re willing to potentially make me take a major hit on my credit score ... , is there anything you can think of that might help me to minimize the hit on my credit score? Other readers [more...]
Date: 2009-01-06 19:00:00
Three Money Mistakes Made by Newlyweds
The average newlywed doesn’t have a lot of money, ... , new car, nice furniture, etc. I had recently paid off my credit cards and my credit score ... but this doesn’t stop them from renting or buying expensive homes or using credit to furnish [more...]
Date: 2009-01-05 16:46:52
Types of Credit Repair Services
Types of Credit Repair Services December 31st, 2008 Subscribe To Our Feed Unfortunately, the world is set up to encourage borrowing ... loan, you’ll need an unsecured credit card and a lender to get by. Americans with credit scores from 300 to 700 are all wondering how they can boost their credit scores to that much-coveted 850 [more...]
Date: 2008-12-31 20:38:00
Check Credit.
In my opinion, owning credit cards are advantageous in these difficult economic times..but ONLY if you are a responsible and disciplined user ... or loan makers, there’s this site that can help you know your score. This credit report is based ... transaction that involves credit activities. At checkcredit.pro, you’d be able to request instant [more...]
Date: 2008-11-06 10:11:14
Free Credit Repot From NEXUS
There are some advantages that can be taken from free credit report, ... prevents you make credit card score fixation. More about this report is required by the lender ... , is used to obtain the mortgage and also ask you to show your credit report when want to load their value [more...]
Date: 2008-10-09 09:28:38
How Prepaid Credit Cards Work
by Gray Rollins One of the hardest things to keep intact today is your credit ... cards a popular choice for people who want credit. They enable you to change the credit score ... . Let’s face it, when you are old enough to worry about your credit, chances [more...]
Date: 2009-01-01 11:41:55
Credit Card Lenders Clamp Down Hard
Consumers are in a newly austere mood, and those who have lived beyond or at the edge of their means may be forced to retrench whether they want to ... , some can come back to haunt consumers. The result can be a lower credit score, which forces a borrower ... or not. The New York Times reports that credit card issuers are cutting back on their lines [more...]
Date: 2008-10-29 03:50:36
Credit Karma, Career Advice and A Huge Island of Trash @ The Roundup
What Happened This Week? The Alpha Consumer blog announced a challenge asking bloggers to describe their best ideas for a cheap but effective (!) ... to my post on free credit scores by telling us all about Credit Karma! Money Smart Life: Henry confesses to being a credit card expert with a secret. Gen X Finance reminds us that market conditions [more...]
Date: 2008-07-21 00:49:15
Centennial Credit Card - Review
by Daniel Moskel The Centennial card is created for individuals with a low credit score. It is issued by the First Premier Bank a member of the FDIC ... of $29, $48 annual fee, and a one time $95 fee. These charges are assessed to your available credit ... with an initial credit limit of $250, and an APR of 9.9%. It can be issued as a MasterCard or [more...]
Date: 2009-01-09 09:12:31
September's Best of FIRE Finance - 2008
... from Wells FargoBest Gas Credit Cards (Popular)myFiCO Credit Score Watch - 30 Days FREE Trial Promotion$100 ... 2008. Check out the Top 100 Personal Finance Blogs - Ranked By Traffic. PF Articles Popular [more...]
Date: 2008-10-06 16:23:53
The Credits Secrets Bible Can Help Your Credit Score
Credit is a necessity that we all need. But if it is abused or overextended, you could end up in a bad situation. Credit cards and loan debt is at an all time high and people are looking for ways to repair a damaged credit rating. A product called Credit Secrets Bible (CSB) is now available from the Consumer [more...]
Date: 2009-01-11 14:35:09
How Do I Clean My Credit Score Up? - Tips That Every Credit Card Owner Should Know!
If you want to know "how do I clean my credit score up" then I hope this article can help you get on the road to better financial health. There is no time like the present to start cleaning up your credit report! [more...]
Date: 2009-01-15 17:41:52
Pitfalls of Bad Credit Credit Cards
Having lousy FICO scores, as we all know, affects our ability to pull out loans ... you for what you’ve done, they’ll report you to credit rating ... . As for the lending companies that do accept our request to borrow money, the rates [more...]
Date: 2008-12-27 14:35:46
From the Archives (June 8th - July 5th)
Here are some of my favorite FCN articles from a year ago the past few weeks: ... for a Successful Moving Sale » Five Reasons you Should Care About your Credit (FICO) Score » The Limits of Frugality » $700 in Credit Card Bonuses (Anyone Can Apply) And here’s what was going [more...]
Date: 2008-07-07 03:35:10
Loan For Bill Consolidation - An Attractive Alternative?
Many people in the US today are deep in debts that they are not in a position to repay ... over them Correct your dropping credit scores. Boost your credit ratings Leaves you without any debt ... . Many people to own several credit cards and bad debtors, usually would have bad repayment record [more...]
Date: 2009-01-16 17:50:56
soon, but not now.
Although I have no plan of getting another credit card after all the things that I’ve been through, I am still hoping that one day, ... for most. In my case anyways, I am still making my way to improve credit score since, I have lost most ... my payables completely, still, everything has this effects or has affects my credit score. Sad [more...]
Date: 2009-01-15 17:28:10
Are You Tired of Searching for A Perfect Credit Repair Service?
by David Wada 1) According to the latest figures, the average American has a credit score of 677. If that same individual’s credit score rose to just 720, that family can save, on average, $421 per month or $5,052 per year on house payments, car payments, credit cards, etc. 2) Many people [more...]
Date: 2009-01-02 03:17:44
Daily Links: Chocolate Chip Cookies Edition
My wife isn’t a big blog reader. She reads my sites and the sites of our friends, but that’s about it ... featuring five signs you’re living beyond your means. Is your credit score less than 600 ... You have to own a credit card,” people always say, “if you ever want to rent a car.” But is it true? Jim [more...]
Date: 2008-07-23 23:47:28
Five Signs that You're Living Beyond Your Means
As most of you know, I love to tell people that spending less than they earn is the key to financial success ... No. 1 - Your Credit Score is Below 600 Not an issue for me, but having a good credit score is certainly a key part ... , though many FMF readers save much more. Good for you. Sign No. 3 - Your Credit Card Balances [more...]
Date: 2008-07-24 15:16:09
5 Reasons Why You May Be Turned Down For Finance
Factors contributing to someone's credit score... Image via Wikipedia Being turned down for a credit card or a loan can come as a bit of a shock, especially as banks and credit cards have been slated recently for irresponsible lending and really [more...]
Date: 2008-11-27 08:33:25
Debt Consolidation Loans For Bad Credit Dont Get Stung
It isn’t uncommon these days for consumers to be facing problems meeting their monthly payment obligations on loans and credit cards ... and have seen their good credit ratings suffer because of it. At this point they may be looking for a way ... things in mind to protect yourself from becoming a victim: Be Confident Your credit score may [more...]
Date: 2009-01-14 03:04:51
My Brother’s Nasty Bank of America Experience
Make a couple of late payments and Bank of America will jack your interest rate up to 29.99%! ... . So I called Bank of America and mentioned that I had Credit Score that was around 750 ... of America credit card so I pulled up a statement online and come to find out it was 29.99 [more...]
Date: 2008-09-05 01:47:49
Reader Question on Unused Credit Accounts
First off, I don’t give out financial advice because I’m not an advisor ... your mind. A strategy you might want to try is to get a credit score report and then close ... check my credit report and found that I have five credit cards open that I have not or never used [more...]
Date: 2008-06-12 13:21:22
Quickies: Paid Survey Links, Costco AmEx $10 Bonus, Free Credit Monitoring
Here are a few more tidbits that may be of interest: E-Rewards Signup Links E-Rewards is a paid survey site that is only open via invitation ... ). This includes free access to your credit score in addition to the report, as well as e-mail alerts ... plan automatically with the card. This card is one of the better gas rebate credit cards. 9 Months [more...]
Date: 2008-06-16 07:27:36
Confessions of a Subprime Lender by Richard Bitner
Title: Confessions of a Subprime Lender Author: Richard Bitner Publisher: John Wiley & Sons Books (2008) Here’s why the mortgage mess happened: If you had a Target credit card with a $100 maximum ... had a credit score of 580 (considered very low) you qualified for 100% financing! 100% financing [more...]
Date: 2009-01-15 11:00:32
Debt Reduction is more Important than Your Credit Score
If you are a baby boomer with a pile of consumer debt, you are not alone ... those with significant credit card debt to worry about. According to a report from the New York Times, credit card companies are showing increased flexibility with consumers who have significant [more...]
Date: 2009-01-04 00:34:49
The Daily Poverty Post.
First of all, isn’t it funny that when conjuring the telephone, we think of the above? ... , this safe site will provide you with one free FICO score and credit report every 12 months — ... out how to call your credit card company to renegotiate your interest rate! Before we begin [more...]
Date: 2008-12-06 17:33:45
Do To 2009
I'm getting more and more stressed about being "homeless". I've been trying to figure out how to get my credit report ... " which check your credit every month and automatically debits your credit card. Thanks but no thanks. The above site is the way to do it for free.Unfortunately, the way that a so-called "credit score [more...]
Date: 2008-12-28 17:20:00
Tricks To Repair Credit Score History
It seemed like just yesterday when you were eating mom’s home-cooked breakfasts and hitting up dad for occasional gas money ... on your report. If you are applying furiously for tons of credit cards, then this indicates that you may ... of managing money. Credit report repair should start with making timely payments, then working [more...]
Date: 2008-12-01 16:49:08
College Money Tip #5: Get Your (Free) Credit Score
Last week, I took you through all the ways and reasons to track down your free credit report, ... t tell you how… until now. Remember how credit reports are like annoying report cards that show ... recommending Credit Karma - and some of my friends, too. So I decided to finally sign up and see how good [more...]
Date: 2009-01-16 15:41:32
The Various Types Of Poor Credit Mastercard
by Larry Grayson Even in these hard times there are a huge number of credit cards inundating the market and even if you unfortunately have a bad credit score, the likelihood is you may still be eligible for some of them. All The Same, individuals who are finding themselves in a poor credit situation will find that Mastercard and Visa [more...]
Date: 2009-01-04 21:30:37
How To Earn 300,000 Frequent Flyer Miles in 5 Weeks
November last, you might remember this post about the Omni 10k Flyaway offer, where you earn 10, ... if you do get approved, it brings down your credit score a little bit. Third, no one is suggesting ... for new credit cards, some of them come with free mileage bonuses. What Guillebeau did was to sort [more...]
Date: 2009-01-15 09:05:29
Top Ten Credit Repair Tips
by katie George Starting Your Credit Repair Project Credit Repair is not hard. Take the time to plan your effort and the results will be fantastic ... important with new cards which are weighed extra heavily by the credit scoring model. Get a Couple ... . Here is a list of our favorite credit repair tips. Try them together, or pick the ones that look [more...]
Date: 2009-01-06 12:21:39
Top Ten Credit Repair Tips
by katie George Starting Your Credit Repair Project Credit Repair is not hard. Take the time to plan your effort and the results will be fantastic ... important with new cards which are weighed extra heavily by the credit scoring model. Get a Couple ... . Here is a list of our favorite credit repair tips. Try them together, or pick the ones that look [more...]
Date: 2009-01-03 18:13:04
Last Week's Best Posts
Kick off your Lifehacker Monday by making sure you didn't miss any of the biggest posts from last week: ... Are Falling Online, But Catches Still Abound "The credit crunch might be doing nasty things ... Score Card, which shows what responses have been received from various politicians on Internet [more...]
Date: 2008-12-21 21:58:26
Credit Card Updates and the Sad State of Affairs
Katybug scored a Chase Continental Mastercard with a huge $1900 credit line. The size of the line is not important but the size of her bonus is ... our credit report clearly shows our South Carolina address. We will send it all off tomorrow ... . Her Citi Aadvantage Platinum Worldcard approval is delayed. They want a copy of a pay stub, phone bill [more...]
Date: 2008-11-30 11:23:59
Tribute - Revision
The Tribute MasterCard uses help to rebuild a score of the low credit often. It is a non protected card ... for the years. He/it can help to increase your score. It is because with on time monthly payments you will create a history of the positive payment on your report. There is not a price [more...]
Date: 2009-01-05 11:16:30
Beware of Credit Repair Scams
2009 may go down as the year when more Americans resolve to fix their credit than at any time in history – because high scores are now a requisite ... of finding errors is high. In fact, one in four credit reports contain errors. These include data entry ... on credit card debt, so want to feel very certain that you're going to pay them back before they [more...]
Date: 2009-01-13 04:55:48
