|
|
|
Your
Cutting-Edge citi credit card Resource
|
 |
Bank/Credit Reviews & Reports |
 |
Resources
Business Credit Cards Can Offer Business Solutions
By Morgan Hamilton
It would be to your advantage to look into business credit cards if you are a small business owner. These credit cards will allow you to keep personal and business expenses separate. This will make Read more...
|
Resources
Credit Card Fool
By Thomas A. Martucci
We allow the credit card industry to make fools of us and we do nothing about it. If someone told you that you were being made a fool of, wouldn’t you address the issue? I know I would. Read more...
|
Resources
Using Student Credit Cards to Build Solid Credit
By Morgan Hamilton
Once a student graduates from high school and heads off to college they will be tempted with student credit cards. Student credit cards are aimed at college students. They are easier to get and are Read more...
|
|
1. The ability to access money, to use money prior to earning it. 2. The accounting term for a liability or for equity, entered on the right side of the ledger. 3. As a verb, to allot for the benefit of a person (ie You must credit the Purchaser on closing for the deposit paid).
|
|
#Welcome to
i-prosper.org/Bank/Credit Reviews & Reports - your comprehensive citi credit card
resource.
Below, you'll find extensive information
on leading citi credit card articles and products to help you on your
way to success.
|
Knowing Your Credit Score Is Essential In Preventing Bankruptcy
By Nikola Govorko
Sometimes obtaining a duplicate of your score report can mean the difference between being pushed deeper in debt and getting out of it. Since most of us dont keep track of our score, it yften results in going deeper in debt without us even being aware of it. Each time that your payments are late or you miss out on one completely, you will most likely loose points on your score.
Creditors use your score to see how much you can be trusted to pay back all of your loans or purchases. And they do this each time you ask for a credit. In case that your score is low, you have fewer chances to receive because your score shows that you might be a high risk customer.
Creditors and lenders use computers that keep track of your practice and payments such as: paying bills, cards, missed or skipped payments, and generally all of your debt. The fact is that each time you miss or skip payments, your score gets lower and lower. Average persons score starts at a very high 800 points and from there each time that you miss or skip on your payments it gets lower and lower.
When your score plummets to a predetermined low score, which is in most cases somewhere around 500 points you might begin to think about filing for bankruptcy. Should you be the one to consider it you should know that a bankruptcy will stay with you for a long, long time. Also you must know that money owed as student loans or government taxes must be paid back and can not be cleared away by filing for bankruptcy. So if you are maybe in this kind of trouble be aware that a bankruptcy should not be used for this.
With the benefits of modern online shopping keeping good track of a score has become essential if we want to maintain good rating. Keeping
|
|
Here are some more quality articles in several
websites related to credit :
|
|
your rating up to date will help you to stay well above the 500 points score and will save you from a lot of embarrassment and trouble down the road. If you can, try to maintain a score of 700 points and above. A copy of an accurate rating can be easily obtained online, but for the good ones you will have to pay a certain amount of money.
So in the end if you want to avoid bankruptcy and maintain good score you should always try to watch your score. There is also a possibility that your score contains incorrect items and you owe it to yourself to check it out and correct it. By keeping an eye on your rating you will also spot your bad habits before they get you in so much trouble youll have a very hard time getting out.
At Debt-Free-Family we are dedicated to help you get out of debt, avoid bankruptcy and enjoy a debt free life. Get all the answers on your Bankruptcy Questions
|
|
We strive to provide only quality articles, so
if there is a specific topic related to credit that
you would like us to cover, please contact us at any time.
And again, thank you to those contributing daily
to our citi credit card website.
|
|
