You'll learn how to find your credit score and what your credit score number means, how to order copies of your credit reports - which should be checked for inaccuracies once per year, how to dispute credit inaccuracies, and how to get credit card debt under control.
If your debt is out of hand, you'll want to cut up those credit cards and contact a credit counseling agency who can help you set up a debt management plan.
You'll also learn information on consolidation loans and when the best time to consider one is.
Your credit is an important part of your financial life. Take steps to keep your credit in good standing - or take steps to correct any mistakes now that you may have made in the past.
And, if you really want to know the facts about credit, this book is definitely for YOU!
This book covers everything there is to know about building a great credit score and it's understandable to the average person! In fact, some people have called it the "Credit Manual"!
You'll uncover a wide array of tips, including how to repair your credit today! It even includes a sample letter that you can use to send to credit bureaus for disputing credit report errors and repairing your credit.
It's like having your very own credit expert that you can reference and ask questions any time you need to!
Through this book, you are going to learn what you will need to know about how to get rid of your bad credit and raise your credit score to 750 or more.
You will discover:
- What Are FICO Scores?
- How To Find Your Score?
- How To Get Your Credit Report For Free?
- What Is The Best Credit Score To Get Super Low Interest Loans?
- How To Raise Up Your Credit Score To 750 And Above?
- The Very First Thing To Take When Raising Your Credit Score
- Ways To Start Establishing A Good Credit
- How To Repair Your Bad Credit Score?
- How To Read The Secret Codes On Your Credit Report
- How to Dispute & Fix Errors on Your Credit Report
- Definitions Of The Eight Types Of Public Records
- Things Need To Observe When Applying For A Mortgage
- The Ugly Truth About Credit Counselors And Debt Consolidators That They Wish You Never Find Out
- How To Prevent Identity Theft And What To Do If Your Identity Is Stolen
- How Does Bankruptcy Affect Your Credit
- And Much More...
The book is the result of the author's desire to give financial direction and inspiration to his two sons as they grew into young adults. His career in lending and the financial world has provided a keen understanding of what is required to build a solid financial base, and how vitally important an excellent credit score has become in business, and in day-to-day life.
It shares real life experiences, and provides information on getting started in finances, handling money, and how to build your credit history. Learning about trade lines, the credit scoring system, and when to consider various loan products is discussed. How your credit history impacts what you do and what it can cost you over time is the essence of this subject.
A good credit score involves much more than what it will cost for a particular loan product. Your credit score is considered when you apply for a job, when you are looking for housing, and how the insurance company views you as customer. That simple three-digit number has become more profound since the mid 1990's than ever before.
Your credit score will determine whether or not you are approved for a loan product. In many cases it will also dictate how much you will pay in interest rates and fees. Excellent credit scores will open many more doors and save you money.
A good credit score will also help you when applying for a job. Many employers will run a credit check along with a background check before they will consider a candidate for employment. High or low credit scores are considered a reflection on how an applicant may perform on the job.
Insurance companies have their own methods for determining risk, and charge insurance premiums based on that data. Credit scores in recent years have become one of the factors that they look at on an insurance application. High or low credit scores can be one of the determining factors in what they charge.
Having an understanding of the importance of a great credit score should not be underestimated. 'Credit Scores and You' will give the reader an excellent basis for getting on the right track toward financial wellness.
Even the most seasoned professionals are shocked to learn how easily their credit can be destroyed. In CREDIT SCORE POWER, author Tracy Becker offers insight into navigating the scoring system and focuses on how to help consumers keep their credit scores high.
With more than twenty years of experience in the industry, Becker gives a simple and clear view of what makes and breaks fantastic credit scores. CREDIT SCORE POWER discusses the following:The credit bureaus and what they do Credit scores and the credit score process Methods for shopping for a mortgage Financial distress The secret to having the best credit Credit monitoring and identity protection
Credit scores are an important aspect of consumers’ lives and can greatly affect the interest paid on loans and credit cards. The information presented by Becker helps people understand the system in order to have the best opportunity and highest savings in interest a credit score can offer.
The Real World of Credit offers you current advice on dealing with credit issues brought about by a variety of "real world" experiences – marriage, divorce, over-spending, child support, bankruptcy, debt settlement and more.
We live in two separate world – the "perfect world" where everything happens as it should and the "real world" where the credit game often plays us for fools. Learn from a credit expert how to win the credit game and increase your ability to provide a more financially sound future for you and your family. Do you know how to protect yourself from those harassing collections agencies? Should you choose bankruptcy, debt settlement or credit repair?
Do not become a victim of the credit industry and the game they play to frustrate you into giving up your consumer rights. Your credit score is a three digit number which virtually controls your financial life. It often determines what you can purchase, drive, where you can live and work. Before you rebuild your credit, you must understand what your credit is and how it controls your life.
The Real World of Credit offers you the tools to successfully win the credit game – teaching you how to deal with the problems of the "real world" and how those decisions you make today will affect you tomorrow.