credit issues: Improve your Credit Score - 04/01/16 04:27 AM
In this day and age, credit scores are important, more than ever!
What's the fastest way to improve a credit score?
1. Keep your credit usuage LOWER than your actual credit limit. 
     What does that mean? If you have a charge card that has a $5,000 limit, try to keep your balance under $1,000, do not use the maximum of $5,000 or even go close to that. The reason this is so important, it shows a "sense of money management", able to control spending. 
2. Make payments on time.
    Just one late payment will lower your credit score and will likely remain … (1 comments)

credit issues: Credit- Effects of a Late Payment - 11/22/10 03:38 AM
What is a Late Payment: Pure and simple, a late payment is defined as "any payment received PAST its due date", where the credit bureau puts into categories of 30 days late, 60 days late, 90 days late, 120 days late, etc.  The truth is, not all late payments are reported to the credit bureaus.
Example: A mortgage loan has a due date of the 1st of every month. A grace period of 10 to 15 days is given without a late penalty. But am I considered late if I make my payment on the 2nd of the month? That answer is YES. … (1 comments)

credit issues: Credit Scores - Does Age Have Anything to Do with It? - 11/21/10 01:25 PM
Credit Scores - mystify most of us, but does a person's age have anything to do with their credit score? Answer: No. Age does not have any bearing on influencing a person's credit score.
Credit Scores are based on how a person has "handled" their personal finances/credit. There are 25 year olds with credit scores of 800. There are 60 year olds with 580 credit scores. Age is not a factor.
Did you know that earlier credit scores were not a number, but was listed as excellent, good, fair or poor?
Credit Scores have nothing to do with race, color, religion, national … (6 comments)