Posts tagged "approved"

How to Build a Good Credit Score

Apparently, having a good credit is your ticket to a lot of opportunities like getting approved easily for a mortgage, getting a car, getting yourself into post-secondary education, or opening your own business. Creditors will feel assured when lending you money since they will consider you as reliable and credible.

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Posted by Trevor Jones - December 20, 2013 at 12:01 pm

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Why A Good Credit Score Is Important To Your Business

Why A Good Credit Score Is Important To Your Business

Apparently, having a good credit is your ticket to a lot of opportunities like getting approved easily for a mortgage, getting a car, getting yourself into post-secondary education, or opening your own business.

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Posted by Trevor Jones - November 14, 2013 at 8:17 am

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Why Paying Early Pays

Suffice it to say, credit is one of today’s most serious financial problems that you could have. Even most countries in the world are in debt. This menace never fails to give us a pain in the neck, but it wouldn’t have been a problem had your credit score been in good shape. Stop crying like a little girl if your score is not as high as you would want it to be. There’s always room for improvement in this department. Before you get down to detail, you must know what this credit is all about.

Credit score pertains to the numerical expression that indicates the creditworthiness of a person. Creditors rely on this number when deciding whether or not to approve a particular consumer for a loan. If you have a high credit score, you can be approved for credit from practically anywhere that you wish to, and it depends on your source of income and stuff like that.

Your credit score goes on a downward spiral when you have applied for a credit. If getting approved for loans is giving you a hard time, then it simply means that your credit score is not exactly likeable. In order to raise that credit score of yours, you must always be religious to prompt payments. Also, paying off everything in full amounts will help boost your score.

Majority of consumers miss a payment every now and then, but you must know that even just a single late payment could negatively affect your credit score. However there’s always a solution to every problem. Certainly, you must determine what your credit score is. You can see it online from the major credit bureaus every year, free of charge.

Paying up every debt on time is a guaranteed way to boost your credit score back up, albeit there are other things you should consider, too. Nevertheless, this must always remain on top of your list. When you have an improved credit score, you can go about using credit more efficiently.

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Posted by Trevor Jones - July 31, 2013 at 2:36 pm

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Bad Credit Loan Options

To a lot of individuals with bad credit, opting for a loan isn’t exactly a plausible option. Luckily, it can be possible if you know where to look and know precisely what it is that you want. It may seem impossible to get a loan when you have bad credit, but it’s possible!

If you want to be on track with your credit, you have to start right now. Just so you know, it will be more achievable to get a loan than to get approved for a credit card. When you want bad credit loans, here are some pointers:

The lowest interest rate will not be going your way. As a matter of fact, it’s totally off the table. Paying a high interest rate is one of the consequences in rebuilding your credit score.

Steer clear of major banks and lenders. They may be the go-to, but they will almost always reject you. Find those that work specifically with people having bad credit. Have perseverance. Also, always have the patience in improving your credit score. If you can’t get approved even for a bad credit loan, then give it some months to give it another shot.

When bad credit loans are being talked about, there is no magic wand to be used. It needs time. Also, check every option that you have. Look for those that would work best for you. It’s good to hear that it’s guaranteed that you’ll be okay and the loan will be approved, but it doesn’t work that way. You wouldn’t know until you try. Get back on track with your credit standing. This will do you good over the long haul.

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Posted by Trevor Jones - February 10, 2013 at 12:37 pm

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Q&A: How do i get approved for credit?

Question by cherryblossom80555: How do i get approved for credit?
Im trying to build up my credit history but ive tried about 5 credit card and non approved me. i even tried a credit card that says it will approve credit for people with “Fair Credit”. im 18 and ive never had credit or anything under my name and i dont understand why they dont approve me? sure i dont have credit but i dont have bad credit eather. how am i suppose to start building credit if no one approves me? you have to start some where dont you?
I checked my Credit History and just like i thought is says i have 0 Accounts in good standing and 0 accounds in bad standing.

Best answer:

Answer by grierGRIER h

Credit cards are an important means of establishing credit history. Using them responsibly, controlling your spending habits and not misusing them will always help the cause. Here are few things to keep in mind before you apply for a credit card.

It is always better to use a credit card which is issued in your name. The simple reason being, it helps establish credit history for you. Use the correct identity, and get credit card issued for proper name, social security number, and address.

Decide what type of credit card you need and don’t get impulsive about obtaining it. Have patience and compare various offers that suit your choice.

The APR of credit card is a very important point not to be missed by any credit card owner. There are various types of APRs, like the 0 intro APR, regular APR, APR for cash advances, APR for purchases, APR for balance transfer etc. These APR contro what interest you pay on your credit card outstanding balances. Get compelte idea about the APRs that will affect you during your credit card ownership.

If you are getting a reward credit card, make sure you know how the rewards will be redeemed and using the credit card at what locations or merchants will help you get the maximum reward benefits. Another thing to watch out is the limitations to the reward program. Check carefully about what limits the rewards like minimum reward points, blackout dates, redemption locations, choice of airlines etc. If you have bad credit, then apply online at: http://www.credit-card-gallery.com/PrePaid_Card.html

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Posted by Trevor - December 8, 2012 at 2:42 pm

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