Credit

5 Reasons Your Credit Score Is More Important Than Your GPA Your credit score can actually be more important than your GPA. GPA can determine certain aspects in your life, but your credit score will influence the cost of big purchases forever after graduation. It is also much easier to correct your GPA than messing up on your credit score. It can take years of positive payment to get your score back up. After graduating, your GPA tends to lose its importance, but your credit score will follow…

1. Shred your documents. Don’t toss bank statements and credit card receipts in the trash. Dispose of them using a cross-cut shredder or shredding service. 2. Strengthen your passwords. Use random combinations of letters, numbers and special characters. Create different passwords for each account and change them frequently. 3. Check your credit reports. You’re entitled to one free credit report every year from each of the three major credit reporting bureaus. Request one report every four months…

STUDY ON AWARENESS LEVEL OF CREDIT CARD BENEFITS There is a close relationship between awareness levels of credit card usage and the benefits of credit cards. The purpose of this empirical study is to investigate the awareness levels of credit cards and its benefits among different types of individuals across different demographics. In particular, knowledge structures, beliefs, likes and dislikes as well as attitudes of credit card owners in the possession and use of credit cards are…

remembering going through the extra credit folder a couple of months ago, and I saw the different ways you can earn some extra credit. It took me by surprised that all was community service. Volunteering is a way that people can help other each. Not only are you helping the community, but also doing something that will boost your grade up. During the semester, I had personal inconveniences that forced me to miss two days of class. To be honest, I never planned to do extra credit, because I was…

the long-term impact of having a bankruptcy on their credit history. While bankruptcies do stay on your credit report for up to 10 years, they don't necessarily represent the end of credit for you. The Gil Law Firm, a Dothan bankruptcy attorney serving clients in Alabama, Georgia, and Florida, explains the long-term consequences of filing for bankruptcy. In the immediate aftermath of filing for a bankruptcy, you'll see a sudden drop in your credit score, which may fall by up to 220 points. It…

You probably heard the terms secured loan and unsecured loans and wondered what exactly is the difference between these two types of loans? You probably ask yourself, which is the best one to choose when shopping for a loan. If this sounds like you, here are some tips to help you understand the difference between these two loans. Secured loans have an asset or some sort of collateral attach to the loan such as a car or home that you own. The financial institution that you use to acquire the…

In order to prevent this from happening, the borrower will need to understand what secured loans are and the types available to them. A secured loan is a great option for people who have bad or limited credit. A loan is secured by either property or a guarantor. Applicants with little or no credit are risky borrowers. A lender or dealer will want to limit the risk involved and this practice…

The lending option that we are going to discuss is the credit union mortgage. In an article in Forbes magazine written by contributors by Trulia, they discuss the pros and cons of taking the credit union mortgage option. The first point made in this article is that credit unions have historically offered lower mortgage rates. This means that your interest rate is going to be lower and you will be saving thousands…

When going through a financial hardship, one of the first things that people ignore is their student loans. Ignoring your student loans is one of the worst things you can do. Interest can still accumulate, and if you go into default on your loans, the school, financial institution and the government can take steps against you. We can help you find the best plan for when you 're having trouble paying your loans. What is Default Exactly? This happens when you don 't pay back your loans in a…

decisions that you make, a little mistake of yours can go deeper into more debt and then coming out of it would be almost impossible for you. One very effective way of coming out of all these financial problem of yours is the installment loans for bad credit. These loans are easy and simple, the company lends you the money that you need, and you have to repay the whole amount in the…