| Do you have Credit Debt that may be out of | | | | reported to credit bureaus (think wide-utilities, |
| control or have yourself in a situation that you | | | | financing, etc.). If it isn't, request that the creditor |
| don't know what to do or have a clear | | | | report it (assuming, of course, it's in good |
| understanding of what Credit is? I understand! | | | | standing). This automatically increases the |
| What does all this mean and how can I protect | | | | accounts on your report.o Become an authorized |
| myself? We all ask these questions everyday as | | | | user on a friend or family member's credit card, |
| it is very difficult to find information that helps us | | | | just for a little while. Make sure you pick someone |
| to know what we can do to protect our credit | | | | with good credit habits. Explain that you never |
| and how it affects our everyday life. | | | | plan to use their card: You just need their |
| There are some resources out there that can | | | | payments to reflect on both of you for a set |
| help you find out many things about credit topics | | | | time (usually ninety days).o Speak to your bank. |
| that you may have such as: How Credit works; | | | | Tell them you're trying to build your credit rating |
| What are the credit reporting agencies; | | | | and ask if they can assist you in setting up |
| Differences between Debt and Credit; What | | | | accounts, borrowing, etc. When your beginning to |
| affects my credit; Can I repair my credit; What is | | | | build up credit it is not always easy to do so look |
| my FICO Score; | | | | at these tips and use them wisely for what |
| Does this sound like you? Don't get caught up in | | | | works for you. Not every tip works for every |
| Credit report crisis. Lets look a few scenarios. You | | | | person but it is always nice to know that there |
| do not have a very good credit score but you | | | | are alternatives and different ways to build credit. |
| want to change your credit report for the better | | | | Secrets of Student Loans Education is expensive, |
| to help yourself and your family. Why wouldn't | | | | and many people in their thirties are still struggling |
| you? You may want to do this quickly, adding | | | | to pay for their student loans. A few quick tips on |
| positive aspects to your credit report. But don't | | | | loans:o Never miss payments-this can disqualify |
| be fooled into getting rid of all the negatives on | | | | you from cancellation.o Know what type of loan |
| your account and not leaving any positive credit | | | | you have (federal, private institution, etc.).o |
| ratings; this then gives you no credit score, which | | | | Remember that most loans don't require |
| can in the long run be just as damaging as a | | | | repayment for six months after you graduate-but |
| negative one. | | | | find out if yours is one of them before you |
| Or, do you have high debt and feel there is no | | | | assume this! There are circumstances under which |
| way out? If this is you, then you probably have | | | | you may be eligible to have your entire loan |
| some good credit, but you have so much bad | | | | canceled:o You are permanently disabled.o You |
| credit that you have debt encircling you and | | | | serve in the military.o You are a full-time teacher |
| getting ever closer. You need to be able to pay | | | | in a low-income area.o You are a full-time teacher |
| back your debts for as little as possible to start | | | | in an area with a teacher shortage.o You provide |
| on the road of correcting your credit rating. Again, | | | | early intervention services for the disabled.o You |
| you need to be able to add positive credit to your | | | | work for an agency serving low income and high |
| report to counteract the negatives. | | | | risk children, including Head Start programs.o You |
| If you have no credit whatsoever, you are in a | | | | are a nurse or medical technician.o You are a |
| minority. The good thing to be said about that is | | | | corrections officer.o You volunteer for Peace |
| that all you really need to do is get some credit | | | | Corps of VISTA.o Your school closed, making you |
| onto your account. The trick with credit is to | | | | unable to complete your studies.o Your school |
| know when enough is enough. Don't be tempted | | | | falsely certified your loan eligibility. |
| to get too much credit and not be able to pay it | | | | As you can see, quite a range of people qualify |
| back, thus destroying your credit rating. | | | | for loan cancellation, and probably never know |
| There is a quide available today that you can | | | | about it (after all, your creditors aren't eager that |
| follow along carefully and learn the secrets the | | | | you find out!). If you qualify, you should |
| credit card companies don't want you to | | | | immediately contact the Department of Education |
| know-the secrets that will let you lead a more | | | | for more information. Student loans can build for |
| secure, happier, and better life. In other words, a | | | | many years, and any opportunity to get rid of |
| guide for anyone and everyone who relies on | | | | them is a dream come true! |
| credit in their day-to-day lives-and in today's | | | | Identity theft protection Here are some steps |
| society, that's all of us. Having bad credit affects | | | | you can take and tips you can remember: Never |
| not just what you want now, but also what you | | | | give your bank your mother's maiden name. |
| can have in years to come. Your credit score will | | | | Banks commonly ask for your mother's maiden |
| affect everything from being hired, purchasing to | | | | name as a means of identifying you, but really, |
| getting a mortgage. That is why it is vital you | | | | how hard is that to figure out? It's a matter of |
| keep any good credit that you have and keep | | | | public record. Anyone with a computer (or, failing |
| the bad credit ratings away. Bad credit ratings | | | | that, a library card) can figure out your mother's |
| generally come from missed payments on things | | | | maiden name. Ask that they give you a different |
| such as loans, mortgages and credit card | | | | means of verifying your identity. Don't use |
| payments. To sum it all up, bad credit comes | | | | predictable numbers for PINs and passwords. |
| from any time that you don't pay back any | | | | Your phone number, your SSN, your |
| money that you have borrowed from banks, | | | | address-these are the first things people will try |
| building societies or other lenders. You don't need | | | | when attempting to access your accounts. Pick a |
| to have a congress bailout to take care of these | | | | totally random assortment of numbers and |
| problems. All you have to do is have a clear | | | | memorize it. It's only four numbers, after all; it |
| understanding of what credit is, how it affects | | | | shouldn't take long. If you have to write it down |
| your everyday life, learn the secrets that will | | | | to remember it, keep that paper in a safe place. |
| affect your score and become an authority on it. | | | | As soon as you've memorized the number, |
| Take control of your life and your own credit. | | | | destroy the paper. Do not give out your |
| Learn the secrets that will have your credit score | | | | password to ANYONE. You'd think that would be |
| so high that banks will be pounding on your door | | | | common sense, but it's amazing how many |
| begging to give you money. You will never again | | | | people share their PINs with their spouses, |
| need to worry about paying those high interest | | | | children, and even friends. No matter how much |
| rates due to a low credit rating. It's time for you | | | | you may trust someone, it's always better to |
| to jumpstart your credit and start receiving those | | | | keep your password to yourself. Need proof? I'm |
| low interest loans everyone else has been taking | | | | sure you can think of a time you've been burned |
| advantage of. Digging yourself out of the hole is a | | | | by someone you trusted in the past. Now, before |
| lot easier than you think. Whether you have NO | | | | the incident, did you trust that person as much as |
| Credit, LOW Credit, or BAD Credit - Don't let it | | | | you trust your current group of family and |
| stop you from taking charge and reclaiming your | | | | friends? It can happen again. No one expects you |
| life. Like I said, this may be the most important | | | | to share this information, so you shouldn't. As in all |
| information you'll read this year, because I'm going | | | | areas of your life, the rule is common sense. You |
| to give you tips on exactly how to...o Increasing | | | | have to be careful in an information-based society |
| credit limitso Increasing your credit score quicklyo | | | | such as ours. Information rules the financial world. |
| Secrets of Student loans and how you may | | | | Protect yours as you would a gold mine-that's |
| handle themo Plus, tips on identity theft | | | | pretty much what it is. |
| protection! | | | | By now, you should have a good sense of: 1. |
| People with a 720+ Credit Score can get a loan, | | | | Why your credit rating is so important, 2. How to |
| instantly. When they want a car, home, business | | | | increase you credit 2. How to build (or rebuild) |
| loan, or a bunch of credit cards - no problem; in | | | | your rating, and 3. How to protect yourself from |
| minutes it's there's. Is this what you want? Lets | | | | identity theft and other forms of fraud. |
| look a these Tips. Increasing Credit Limits The | | | | Information is critical. Education is critical. And |
| most important method of raising your credit | | | | guess what? Now, you have those two things! |
| limits are those biannual phone calls where you | | | | They're in the palm of your hand. All that remains |
| simply ask. That will almost always work. But | | | | is for you to go out and use them. Grab, learn |
| what if you want a higher limit right from the get | | | | and educate yourself now to be able to have the |
| go? Here are some simple tips to help you out:o | | | | life you want. There is so much more information |
| Never understate your income on a credit card | | | | available and you should seize the chance to get it |
| application.o Have a savings account.o If the | | | | all and learn all the secrets of credit that have |
| application asks for "household income," provide | | | | always seemed to be out of reach. Its not.... |
| the | | | | Obviously, if you want to build a good credit |
| HOUSEHOLD income, not just your own. That can | | | | record, you have to maintain good credit habits. |
| include spouses, parents, children, etc. These three | | | | Don't let your spending get out of hand, maintain |
| tips can increase your credit limit on any card | | | | records, and make payments on time. Be |
| significantly! | | | | suspicious and protect yourself with all the facts. |
| Increasing Your Credit Score Quickly Let's say | | | | There is no reason for you to suffer from poor |
| that for whatever reason, you're in a hurry and | | | | credit. Get educated and become an authority. |
| don't have time to patiently build up your credit | | | | Take Action Today - improve your credit and |
| rating. Here are some tips to help you do it in a | | | | change your life! |
| hurry!o Find out if you have accounts not being | | | | |