Top 8 Credit Report Tips

Hi guys not many of us has good credit, and those that has perfect credit I suggest you try to keep that way don't let it go bad like the rest of us. Having good credit is very important especially if you are planning buying a home in the future. I know it's a tough time to get credit so make sure your rating is as good as possible. Here are a few easy ways to raise your credit scores
 
1. Having good credit is pretty much everybody's problem in this country. Debit consolidation is a smart and relatively painless way to ease some of the hardship of having lots of debt. With debt consolidation you can lower your monthly payments and you may also be able to lock in a lower interest rate. The easiest kinds of consolidations to obtain are for student loans but many banks also offer consolidation services for mortgages and if your credit score is good credit card debt.

2. There are different types of debt consolidation services so make sure you know what you're getting into. Some services often non-profits contact the financial institutions you owe the money to and try to get your interest rates lowered. Then you pay them one lump-sum  payment each month and they pay the companies for you. Other types of debt consolidation usually through banks basically just give you a loan to pay off all your other loans. Either way, debt consolidation can make your finances a little more manageable.

3. When purchasing a cell phone never sign up for insurance or a warranty and if you're paying a
monthly fee for insurance cancel it immediately. The insurance plan of many cellular providers has a phone you'll usually receive as a replacement will be an already outdated model from last year. The cost of taking your chances and buying a cheap replacement if necessary is much less than what your cellular company is offering you.

4. Trying to get a grip on budgeting? Travus frugal.net/blog/?p=364 which will not only walk you through how to better budget your money but will also give you free downloadable forms like a spending tracker to help get you started.

5. If you haven't already get a free credit report by going to accreditation.com or calling 1-877-322-8228. Don't be fooled by other "free credit report" sites which often require membership payment fees.

6. Check your report for accuracy. On the internet you can often click the item directly to dispute it. Make sure all of the address listed are current or former addresses and that all loans and lines of credit listed are yours. If you're unsure contact the customer service number on the report and ask for more information.

7. Get rid of all credit cards that are not in use. If you have three or more credit cards for stores that you don't frequently visit then it's a good idea to throw them out. Even if you don't carry balances on these cards one of the things that can lower your credit rating is the amount of available credit you have. Call the number on the back of the cards and cancel them.

8. Let say you are listed as a secondary card holder for an account of someone who has racked up a lot of debt on their card, this can negatively impact your credit rating. If it isn't necessary for you to be in their credit card account call the company and get your name taken off.

9. You will be able to request a free credit report once a year. Try to make a regular habit of requesting it and reviewing it as closely as you would your bank statement. The more quickly you notice a discrepancy the easier it will be to get rid of it from your report.

Personal Money Management Tips For All

Hi guys today we are going to talk about money management. The average American house hold has $9,000 in credit card and debit card and that's for households with only one credit card. The average amount of cards per house hold is a whopping 13. Well I have done some research on money management. And below are some tips for you:
 
How to reduce your APR 
 
Ask and you shall receive! It sounds a little bit too simple to be true, but one of the first things you should do when attempting money management is to try reducing your debit, by calling up your credit card company and ask them to reduce your interest rate or annual percentage rate (APR). If you have had the card for a while and you have routinely made payments on time, the company is usually happy to assist you with this in order to keep your business.
 
Future Planning
 
For money management purposes when you get a bump in salary remember to put a higher proportion of it into your savings account because most banks only give you interest on your savings account not your checking account. For instance, if you get a 4 percent raise add 1 percent to your household budget and set aside the other 3 percent towards your retirement account (savings account). You'll thank yourself later in the future.

Knowing the facts
 
Some times personal money management is sometimes very hard to do especially when it come to using credit cards. Always remember to read the terms of a credit card company agreement before you sign up for the card. The fine print may be boring to read but you owe it to yourself to make sure you're not getting a bum deal. Highlight any passages you don't understand and find out what they mean by asking a lawyer or an accountant or simply look the phrase up in an internet search engine.

However, some agreements will try to scam you one recent ploy is for companies to buy up your bad debit, then trick you into signing up for a card that already has the bad debit tracked onto the balance. However, if this happens to you, I think you should insist on getting documents that prove that you are accountable for that debit or the interest, so don't agree to anything until you speak with a lawyer or an accountant. Be especially careful if the other seems too good to be true.

Big changes can lower your insurance    
 
Dealing with your personal money management is a big factor in how much you're charge for homeowners insurance it depends on where you live. So if there have been improvement to your neighborhood or subdivision such as storm drains being installed or a fire hazard being cleared away make sure to alert your insurance company and see if they can lower your rates.

Not sure which cell phone plan to use

Many of us often end up with lots of unused cell phone minutes at the end of the month? Visit Billshink.com where you can enter the amount you talk and text to find the best plan for you in your area. A part of money management you must try to finding a plan that will help you save at least $10 per month.