Category Archives: Credit

Loan Deferment

Deferment is a postponement of repayment under various, specific circumstances. It is best to pay loans as soon as possible to improve your credit. Debt consolidation may be able to help reduce your monthly payments enough that deferment isn’t necessary. For Federal Perkins Loans, subsidized FFEL Stafford Loans, and subsidized Direct Stafford Loans, you don’t… Read More »

Obtaining your Credit Report

How does one go ahead with obtaining their credit report? The process is quit simple albeit, there will be a slight charge obtaining it. There are 3 credit bureaus. You can purchase a copy of your credit report from each three, they usually charge between $8 and $12 each, but finding out what is on… Read More »

FICO® and your Credit Score

Have you heard of FICO®? FICO® stands for Fair Isaac Corporation but more importantly it is your credit score. This is a number based on your credit report. This number is what you are often judged by. It ranges between 300 and 850. Each credit bureau has a number on you. Simply put, the number… Read More »

What Are LogBook Loans

Life is to be lived to the fullest. In today’s world we can buy all kinds of things with money. To live happily with our people we need money and it is being made as the basis of human life. It is true that money is needed for all things but then human relations are… Read More »

Credit Cards: A Necessity?

Many people believe the best way to stay in control of their finances is to avoid any form of credit and restrict themselves to spending only the money they have available in their bank accounts. Although at first this may seem to be an attractive strategy, in reality not owning a credit card can make… Read More »

Credit Dispute Letters 2

Writing dispute letters does not come naturally to a lot of people. It is normal to be offended or upset when you find a debt listed on your credit report that is inaccurate. You need to try hard to take the emotion out of the situation and respond in a manner that will help you… Read More »

Reviewing and Understanding Your Credit Report

When you pull your credit report and you look at it you may find that there are a series of numbers, letters, and other references that make absolutely no sense to you. When you do pull your credit report, you will want to find that the credit score is no less than 620 and preferably… Read More »

Issues regarding your Past Credit

Many are familiar with the past seven years rule when it comes to their credit history, but this is not automatically the case. Our debts do stay on our on our credit report for the past seven years but more importantly is the last year and a half to two years. The reason is because… Read More »

Closing Credit Card Accounts

Perhaps you have some old department store credit cards somewhere in the back of your wallet or purse. The ones that if you sign up for one of their cards you get a discount on your first purchase or a little gift of some kind. So you sign up, use it once, get your gift… Read More »

Title Loans

A Title Loan is a way to borrow money on your automobile title. When you get a title loan you receive money on your automobile. If you have a clear title in your name, you are eligible for a title loan. After the principal and the interest are paid you will receive your title. This… Read More »