Credit
101: What You Didn’t Learn in College
If you’re like many new college graduates,
you probably don’t have a lot of cash,
so it may be tempting to use your credit card
to finance these needs and wants. Before you
give in to the lure of instant gratification,
take a minute to contemplate your credit rating.
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10
Credit Myths
Many times people either act on false information
or fail to act because they didn't know what
could be done to their benefit. This is the
case in many areas of life, but on the top
of that list is money. And in the money category
you will find lots of misinformation about
credit |
Buying
a Used Car
Before
you start shopping for a car, you'll need
to do some homework. Spending time now may
save you serious money later. Think about
your driving habits, your needs, and your
budget. You can learn about car models, options,
and prices by reading newspaper ads, both
display and classified. There is a wealth
of information about used cars on the Internet:.
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Understanding
Vehicle Financing
With prices averaging more than $20,000 for
a new vehicle and $9,500 for a four-year-old
vehicle, most consumers need financing or
leasing to acquire a vehicle. In some cases,
buyers use “direct lending:” they
obtain a loan directly from a finance company,
bank or credit union. In direct lending, a
buyer agrees to pay the amount financed, plus
an agreed-upon finance charge, over a period
of time. |
How
Can You Avoid Bankruptcy
Financial problems, from high credit card
debt to a bad credit rating aren't necessarily
the result of poor money management. Sometimes
financial situations beyond our control, such
as divorce, death of a spouse, health problems
or a change in household income can lead to
financial problems or even bankruptcy. |
How
to Establish & Maintain Good Credit
if you have not yet established a credit history
you should start to. After all obtaining and
maintaining a good credit profile is the key
to purchasing that new home, car, or any other
type of loan. The only thing credit grantors
know about you when applying for credit is
your overall credit worthiness |
What
Do To When You're Turned Down for Loan
It's never fun to be turned down for something
you want - and a loan or credit card is no
different. But before you take it personally,
or think you won't be able to get credit anywhere,
read this article for some advice on handling
rejection. |
Understanding
Your Credit Score
Ever wonder how a creditor decides whether
to grant you credit? For years, creditors
have been using credit scoring systems to
determine if you'd be a good risk for credit
cards and auto loans. |
Credit
and Your Consumer Rights
A good credit rating is very important. Businesses
inspect your credit history when they evaluate
your applications for credit, insurance, employment,
and even leases. Based on your credit payment
history, businesses can choose to grant or
deny you credit provided you receive fair
and equal treatment. Sometimes, things happen
that can cause credit problems: a temporary
loss of income, an illness, even a computer
error. Solving credit problems may take time
and patience, but it doesn’t have to
be an ordeal. |