If you have bad credit, facing it head on is essentially your only option. Unfortunately, there aren’t any quick fixes or shortcuts, even if you’d been a model consumer prior to an unforeseen event like the “Great Recession” or an illness, which wreaked havoc on your credit score. Credit building requires discipline and commitment, but it truly is worth it, given the inextricable link between your credit score and your loan profile, ability to buy or lease property, and chances of being hired for certain jobs. So how does one go about rebuilding credit?
Posts Tagged ‘build credit’
How to Rebuild Credit with Credit Cards: A Road Map
August 9, 2011Personal Finance for Beginners
April 18, 2011When you take that first leap toward financial independence, it can be rather overwhelming. People start throwing abbreviations at you like FICO and IRA, and you may often be left scratching your head. Don’t worry! With these five easy steps, you’ll be well on your way to financial success.
Are Young Adults Being Set on the Road to Financial Failure?
February 15, 2011A lot of young adults are already heading down the road to financial hardship. Many will have problems with credit due to school loans, inexperience, financial optimism and social pressures, which will all lead to a bad credit rating. It’s important that young adults know the importance of bad credit and the effects it can have in the long run. Restraining today can help you out in a major way down the road.
How to Find the Right Credit Card for Your Lifestyle
January 14, 2011Credit cards come in all shapes, sizes and flavors, but how do you find a credit card that fits the type of life you lead? Are you a jet-setter traveling to foreign lands? Are you trying to build your credit? Do you just charge purchases to rack up the reward points or cashback rewards? Whatever your goal, there is a credit card that works with you to meet your needs. Learn how to find it.
How to Build Credit from No Credit in 6 Easy Steps
April 5, 2010If you’ve never had a credit card or a loan, your credit history is a blank slate. Your credit history, as documented on your credit report, is a record of how responsibly you’ve repaid money you’ve borrowed. Creditors and lenders use your credit history to make decisions about whether to give you a credit card [...]
Best of Home, Money & Credit – Week of Aug. 23
August 28, 2009A roundup of the most interesting articles and blog posts about your home, money, credit and life from the Quizzle Twitter page: Credit Reports, Scores & Cards 5 Ways to Build Your Credit from Scratch (Quizzle Blog) New to the credit game? It’s time to start thinking about credit and your financial future. Find out [...]
