If you do a little research online, you may find that a lot of folks with excellent credit have many open credit accounts. Does this mean, if you only have a few credit accounts, that you need to start opening new accounts to achieve your true credit score potential? Bill Rice explores the question and explains why it might not be wise to draw that conclusion.
Posts Tagged ‘improve my credit’
Warning! Close Your Credit Card Accounts with Care
October 10, 2011Discussions about credit improvement often focus on the dos. However, in many cases, the don’ts are just as important. Find out what don’ts you may be doing and how these actions may be negatively impacting your credit score.
How to (Peacefully) Improve Your Spouse’s Credit Score
September 26, 2011Marriage often joins two very different people together: introverts and extroverts, frugal and spend-thrift, good credit and bad credit. Consequently, happy marriages are typically the result of blending the best of the two into a stronger one. Improving your combined personal finances is no exception.
Credit reports are a big piece of that new combined financial picture. They will impact major financial decisions all newlyweds have to make: renting or buying a home, purchasing a new car, maybe even getting a new job. Find out how to peacefully improve your spouse’s credit score for a better shot at marital bliss and the best deals on life’s largest purchases.
Secrets of the 800+ Credit Score Club
August 17, 2011As your average 30-something, I’ve been in debt, I’ve struggled to pay my bills and I’ve never had a substantial income to bail me out. But, the one thing I do have (now, anyway), is a credit score of 808. And I’m here to tell you my secrets.
How to Rebuild Credit with Credit Cards: A Road Map
August 9, 2011If 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?
6 Steps to Prepare for Debt Ceiling Fallout
July 25, 2011The economics and politics of the most recent financial crisis – hitting the financial debt ceiling – will make your head hurt. However, following a few simple steps can bulletproof your personal finances from significant debt ceiling fallout.
