dominiquecidas's Space http://dominiquecidas.posterous.com Most recent posts at dominiquecidas's Space posterous.com Wed, 21 Nov 2012 23:25:57 -0800 Some Helpful Advice To Maintain Your Credit Score http://dominiquecidas.posterous.com/some-helpful-advice-to-maintain-your-credit-s http://dominiquecidas.posterous.com/some-helpful-advice-to-maintain-your-credit-s


A good credit score can be an asset when you need it most. But if you don't regularly monitor your credit status, your credit score can become a liability. Have you bothered to look at your credit report recently?

There are three credit reporting agencies: Equifax, Experian and TransUnion; the law says that you may obtain a free credit report from any of these three agencies every year. It's quite easy to get your credit report, you just have to approach the central agency and you'll get a report from all three companies. This central agency is called the Annual Credit Report, and it is available online.

You should make it a point to check this free credit report annually as it plays an important part in your lifestyle and can really help with your expenditures. By monitoring your credit report on a regular basis, you can catch any errors that may have been recorded and see that they are corrected immediately. Also with the increased crime of identity theft, with a vigilant eye on your credit reports, you can catch any funny business early.

There are just a few things you need to know so your credit rating will remain positive.

The first thing you have to remember is to pay within your due date.

Stick within your budget and manage your debt.

Don't forget to get your free credit report annually so that you can correct any errors immediately.

Make inquiries about your report only when absolutely necessary, frequent inquiries could be taken against you.

Reduce your credit card balances if they're limited out.

Having a long credit history can also be advantageous; if you don't then you can just apply for a new credit.

It is also important that your FICO score is kept high, another reason to monitor your credit report regularly.

Do you know what a FICO score is? Financial institutions have a grading system which they use to see if it would be a good idea to extend you some credit, this is called your FICO score. The higher the FICO score, the better. The scores generally range from 499 - 800 plus.

Monitoring your credit report is one sure way to protect your credit standing. Whether it's a car loan, credit card, or mortgage, your credit score can dictate the interest rate of your new loan. A good credit score can save you money.

If you're researching financial agreements - Financial Agreement article explains more here.

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Mon, 08 Oct 2012 11:54:42 -0700 Home loan Bank Goods Available Strike New Reduced http://dominiquecidas.posterous.com/home-loan-bank-goods-available-strike-new-red http://dominiquecidas.posterous.com/home-loan-bank-goods-available-strike-new-red

Moneyfacts has exposed the volume of mortgagesolutions provided by home loan loan companies for new debtors is at itse loweest value due to the fact the beginning of the credit crunch. A person 12 months ago ten,726 home loan solutions were being obtainable to new debtors; previous Friday only three,281 solutions were being obtainable in accordance into the fiscal webpage Moneyfacts. In July previous 12 months in the event the industry was buoyant you had the selection of 13,027 home loans and at a great deal much better fees currently obtainable.

Abbey in addition has verified which they would not be passing around the Bank of England 50 percent level rate of interest cut to debtors which means the rate of interest on all Abbey's tracker home loans will keep on being identical unlike all kinds of other home loan loan companies. Even so should you mortgage is currently with Abbey your will immediately acquire the speed cut. Other loan companies have also chose to depart their fees identical, such as the now nationalised Northern Rock and Bradford & Bingley.Potential new debtors have welcomed the 50 percent percent charge cut to 4.5%, several expecting their rat to be reduced nevertheless as we have seen with Abbey and several others are not passing the savings onto their customers.Lloyds TSB and Cheltenham and Gloucester, which Lloyds TSB owns, have announced new customers, will now require 25% deposits to secure new tracker home loans as opposed into the previous 10%.

Even so it isn't all bad news; several loan companies have passed the FULL charge cut onto debtors. These include Royal Bank of Scotland, NatWest, Lloyds TSB, Halifax, the Woolwich and First Direct. These home loan loan companies standard variable fees (SVR) will be reduced in the near future, shortly after the cut.Very few home loan holders have their repayments with home loans based on SVR nevertheless several find themselves paying this charge when their fixed-rate deal runs. Property finance loan loan companies transfer you onto this charge unless you sign up for a new fixed charge deal. SVR is more often than not the most expensive way to have a home loan with repayments predicted to rise by as a great deal as 10%.

Although the volume of home loan solutions provided is at the lowest, Home loan companies are still offering competitive fees that can save you hundreds of pounds in repayments each 12 months over current fees. By planning ahead, first of all checking what charge your current loan provider will charge you once your current charge ends and then by searching the industry to see the offers obtainable from other loan companies; you can ensure you are getting the best charge for you. Using the services of a home loan broker can save you time and most will search the whole industry and allow you to make an informed decision and give you piece of mind to know you have chosen the best charge for you.

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