Tuesday, May 28, 2013
Friday, May 3, 2013
Bad credit describes a past failure to keep up with your credit agreements and the inability to get approved for new credit. It means you haven’t paid your past credit obligations on time, if you’ve paid them at all. You may have had accounts sent to a collection agency, charged high balances, filed bankruptcy or had a vehicle repossessed. Bad credit usually occurs when these things happen several times rather than just a single time.
Effects of Bad Credit
When you have bad credit, lenders are afraid of lending to you because you may fall behind on any credit card or loan you’re given. So, your applications for credit could be denied. If you do get approved, you’ll probably have to pay a higher interest rate than borrowers you have a good credit score.
Bad credit affects more than just your credit card and loan approval and interest rate ( Loans For Bad Credit ). Insurance companies use a form of your credit score to give you an insurance rate. Some utility and cell phone providers charge a security deposit on applicants with bad credit. Personal Loans For People With Bad Credit Landlords may require a high security deposit if you have bad credit, or they may turn you down for an apartment all together.
How to Know If You Have Bad Credit
Your credit score is a good indicator of whether you have bad credit. There is no universal cut off between a good credit score and a bad credit score, but you generally have bad credit if your credit score is below 620.
You can tell what’s causing you to have bad credit by checking your credit report.
U.S. citizens are entitled to a free credit report each year from the three credit bureaus. So you don’t have to pay anything to check to see what’s causing your bad credit.
Steps to Fix Bad Credit
Bad credit doesn’t have to last forever. You can take steps to improve your credit score over time. First, you can focus on removing negative information from your credit report either by using a credit report dispute or a credit repair technique ( Payday Loans Bad Credit ). Then, you can focus on adding positive information to your credit report by adding new accounts and paying them on time.
Posted by DIHAN at 8:38 PM
Monday, February 4, 2013
Quick Cash Today
44Cash loans are loans processed and deposited to the debtors account the same day or at best the next day that the application is made. Very often the application and processing is done online and the debtor and the creditor do not meet face to face during the entire application process or the duration of the loan.Read More......
Posted by DIHAN at 6:47 PM
Monday, January 7, 2013
Welcome to esany.com, a place where nothing is ordinary. We are the ultimate online portal for luxury watches,accessories with a specialization in high-end time pieces. We have some of the finest brands on the market, and we pride ourselves in our ability to deliver the most excellent and rare pieces with competitive pricing which others cannot offer.
Posted by DIHAN at 7:02 PM