CREDIT! The magic word with the magic touch! The subject of credit and the impact credit has on the lives of numerous people around the world is a fascinating tale to tell. From business needs, to personal finances, paying for that mortgage or renting that accessory, credit is a vital cog in the ever-spinning wheel of finance. But what exactly are the nuances of credit? How do credit scores and credit reports affect my finance? Do I have good credit,...
Month: March 2019
4 Steps to Creating Good Credit
As a consumer you’ve learned the importance of establishing a good credit rating with your lenders. Whether you are shopping for a new home or auto, or searching for the best deals on insurance, your creditworthiness will be judged by your credit rating or credit score. A bad credit history or bad credit habits will place “black marks” on your credit profile. These include things such as late payments, having an account assigned to a collection agency, and of course...