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: June 2009
How to Tell If Money is Fake
Is CounterFeit Money a Big Problem?
Well, whenever money is tight, as in today’s struggling economy, there will be a lot more temptation to pass fake money. Also, some organizations that may be against the government may wish to to launder fake money for real money. But, all told, the amount of conterfeit money in the US money supply is fairly low. It is also much harder to duplicate money than it was a few years ago. Still, the problem is out there, and it is good to have some tips to detect fake money!
Americans Wallets are Shrinking
Americans Net Worth Dropped 1.33 Trillion in 1Q
If you have felt like your wallet was shrinking over the last several months, at least you can have some comfort because you are not alone. In fact, the US Federal Reserve reported that US assets strunk over a trillion dollars in the first quarter of this year. The net worth loss was largely caused by shrinking home values and portfolios, though, so if things ever climb back up, we may regain some of this without doing much except holding on.
Spending is Conservative Too
How the New Obama Credit Card Bill Will Affect Us
Will Obama’s New Credit Reform Bill Change Much?
Well most of us are pretty sick of paying our bills only to have our credit limits dropped while our interest rates are raised. It seems that once we sign up with a credit card company, they pretty much have the right to treat us as badly as they want to treat us. And we may have changed companies in order to let the market speak, but it seems like those great offers evaporate in a few months, and we are no better off.
