http://www.buildcreditblog.com Helping people with no credit or bad credit build their financial future Tue, 23 Sep 2008 17:26:40 +0000 http://backend.userland.com/rss092 en Poor credit scores are normally the sign of poor fiscal management by an individual. Lenders and banks use your credit score to determine whether or not you are dependable enough to borrow money to. They know a poor credit score means that individual hasn't always been the most trustworthy with ... http://www.buildcreditblog.com/loans/how-to-get-a-loan-with-a-poor-credit-rating Negative information on your credit report can be reported for up to seven years, but sometimes longer if it is serious. The length of time noted in these bullet points means from the start time of your late payment or delinquency, not the last time you made a payment on ... http://www.buildcreditblog.com/credit-score/how-long-do-negative-items-stick-to-your-credit-report APR (Annual Percentage Rate) is a simple financial concept to grasp, however, calculating your APR is a much more difficult task. APR is the interest rate you are signed up to pay when dealing with credit and loans. Taking that interest rate you receive and dividing it by 365 (the ... http://www.buildcreditblog.com/apr/the-dummy-guide-for-understanding-apr With the introduction of plastic money resources, credit cards and debit cards, it has been easier to get through payment processes with a swipe of that magnetic strip or simply entering in the digits on our keyboard to make purchases online. The debit card and credit card work similarly enough, ... http://www.buildcreditblog.com/credit-cards/the-difference-between-a-debit-card-and-a-credit-card Credit card debt is one of the worst financial situations you can manage to get yourself in. If you are sitting there, looking at multiple credit card statements and only sending just enough money to your creditors to cover the minimum payments due, you are making one of the least ... http://www.buildcreditblog.com/credit-cards/how-to-pay-off-credit-card-debt-in-a-down-economy It's safe to see that a majority of most consumers carry some sort of credit card, and it would be absurd to think that any entrepreneur wouldn't have a credit card. The credit card is the best source of payment when we just don't have that large amount of cash ... http://www.buildcreditblog.com/personal-credit-cards/the-difference-between-personal-and-business-credit-cards If you have absolutely no credit or no credit history, you could find it pretty difficult to apply and be approved to receive a credit card. The most likely reason reason you don't have credit is because you've just turn 18. At the age of 18 you are legally allowed ... http://www.buildcreditblog.com/credit-cards/how-to-build-credit-when-you-have-none Gather together with 3 other adult friends and go out to dinner together. One question you may want to ask them, as well as yourself, is if they have checked their credit report for errors lately. In a recent survey, it was found that of all credit reports surveyed, nearly ... http://www.buildcreditblog.com/credit-score/how-to-fix-an-error-on-a-credit-report A credit score, put simply, is a number that decides how creditworthy and dependable a person will be when it comes to paying their bills and paying back money an individual has borrowed. This score is a simple 3-digit number that can summarize up your whole credit report to creditors ... http://www.buildcreditblog.com/credit-score/what-is-a-credit-score How Many Credit Cards Should You Have? According to statistics from loan and credit agencies, the average American holds anywhere from 5 to 10 credit cards, plus several loan payments. On average, that comes out to 13 credit accounts. That number is a bit outstanding according to credit experts. With all ... http://www.buildcreditblog.com/credit-cards/do-you-have-too-many-credit-cards