Bad Credit Forum- Re: Best Way To Pay Down Debt and Raise Credit ScoreAlso be sure to check your credit report for errors. They really do happen. I had 2 entries for one credit card, for example, which made it look like I had more outstanding credit than I did. I disputed it, and it was quickly fixed. […]
- Re: Best Way To Pay Down Debt and Raise Credit ScoreThere is a decent article on credit card payoff strategies: http://www.over50web.net/finance/save-money-finance/credit-card-payoff-strategies/ The comments actually give some good information. Basically, you should pick a stategy that works well for you. That said, I do believe that paying off cards that are close to their limits will have a quicker impact o […]
- Re: Renting With Poor CreditAbsolutely, your best bet is to long for somebody who needs a room mate in their own home - if you need very cheap rent, there are older people who need some help around the house or transportation - and they may be willing to give you a big break on rent (or even free rent) in exchange for some services. Of course, you have to be responsible and do what you […]
- Re: Best Way To Pay Down Debt and Raise Credit Score
Monthly Archives: November 2008
Repair Your Credit and Keep More Of Your Own Money
Are Poor Credit Scores Ruining Your Life?
A few mistakes can really damage a credit report, especially these days when credit companies are so eager to lower credit scores because of the tight money situation But a poor credit score can cost you money as everything from auto loans to auto insurance will cost you more! You should keep your own money, and you can do it by repairing your credit.
Credit Card Balance SmackDown – Higher Fees + Lower Limits
Happy Holidays. Just when we enter the spending season, families are likely to see their budgets strained by another complication. The citigroup buyout is likely to cause a ripple effect that will get passed on to… guess who! … consumers!
Many major credit card companies will pass on costs by:
- Raising Credit Card Fees – Some companies may even impose a monthly fee on cards that did not have one before!
- Lower Credit Limits – Watch this one, because you may not notice your limit has been reduced, and can overspend it, and then of course, you will get hit again with a penalty. Ouch!
Recession Survival Tips
I think the experts have been debating the recession for several months now, and they finally blew the whistle and decided to admit that hard times are here. While the talking heads have been, well, talking, we have been browsing through top recession survival tips for ourselves and decided to share our picks here.
US Jobless Rate Predicted at 7.5% – Hello, Recession!
In case any of you have not noticed, the US has slipped into a recession. I do not ever remember a painful struggle like this to deny the recession and pretend that everything was ok! But I think everybody’s on the same page now. It is rough out there, and yes, the US is slipping into a recession.
Hard Times and Health Care
The sad truth is that the current economic problems are not just impacting the ability of a family to eat out at Applebees once a week. Many Americans are actully sacrificing health care, and their health, because of lower earnings and savings rates. I see example after example of Americans who do have health insurance, but must pay a portion of their costs, unable to come up with the extra money to see specialists, have medical tests, or afford high end prescriptions. And for the 48 million Americans without health insurance, the situation is even more dire.
