Credit Management
Effective credit management is a proactive approach similar to going for a routine check up at your doctor. With credit management, instead of your physical health, your financial health is analyzed.
To manage credit effectively it is smart to periodically check your credit report for inaccuracies, review your credit score, and develop plans to improve your credit rating. Sound credit management ensures that you will not encounter problems financing major purchases such as a car or home. Furthermore, a clean credit history and high credit score can potentially reduce your interest charges by thousands of dollars.
If you do find inaccuracies on your credit report, you can remove them by working directly with the credit bureau(s) or by working through a credit repair service.
Featured Service:
FREE Credit Report and Credit Score
Let a Law Firm Remove your Negative Items from your Credit Report!
Free Credit Repair Consultation
Credit Repair
Credit Report Repair
The FTC advises monitoring your CREDIT REPORT activity
ON ALL 3 BUREAUS. Order your 3-bureau report from
CreditReporting.com today.
3 Credit Reports, 3 Credit Scores available instantly online at Identity Guard
Debt Consolidation
Debt consolidation can reduce the inconvenience of paying multiple bills and substantially reduce your finance charges. If you have a plan to pay down your debt and your credit rating is good, then consolidating your debt may be a good option.
There are two basic strategies - consolidating your credit card balances into one low-rate card (assuming you are able to make at least the minimum payment every month) and negotiating a debt-consolidation loan which will repay all your balances. If you choose the second strategy, remember that requirements for such loans may vary - for example, the loan issuer may require you to cancel the cards you are consolidating.
Featured Services:
Debt Management
Debt management is advised when you cannot afford to pay what you owe. If you've fallen behind on your bills,
especially credit cards and other unsecured debt, a Debt Management Program can be an effective approach to dealing with creditors without filing for bankruptcy and without taking on a loan.
Featured Service:
|
