Mixing Business and Personal Expenses On Credit Cards

According to recent reports, as many as 49% of small business owners use personal credit cards for business use. This statistic is alarming for several reasons: First, by using personal credit cards for business purposes, the owner is mixing their personal and business finances and could be compromising the liability protection provided by the corporate [...]

By | January 20th, 2016|Credit Cards|0 Comments

5 Overlooked Ways To Improve Your Credit and Qualify For A Lower Mortgage Rate

 Credit Repair Can Be Scary... The idea of getting a home loan straight up scares most people. Not because it’s a loan and you’re borrowing money, but because of a variable rate that lenders give you. A small fractional difference in rate, which might not look much on paper, can cost you in five figures [...]

Credit Repair and the Holiday’s

As you may already know, though you may not be in need of credit repair, my articles are typically written from the view of the credit repair process but can be applied if you have perfect credit and are simply interested in maintaining a great credit standing. It has been my experience that many individuals actually exit the holiday seasons with worse credit and more debt than before the season started. My goal, less credit repair more credit wisdom. The desire to bless our kids, friends and family, fueled by marketing, sales and desire to keep up with the Jones’, leaves many consumers with empty bank accounts and maxed out or several new credit cards. Credit repair may be the next step to those individuals as maxed out credit cards, the opening of new credit cards and possible late payments due to overspending can significantly damage credit reports and credit scores. […]

By | December 30th, 2012|Credit Cards, Credit Repair, FICO Credit Scoring, Misc|0 Comments

Credit Repair Tip: Not Building or Maintaining Positive Credit

Credit Repair and Positive Credit If you have never had to use credit before, BRAVO! Of course, it’s best to pay cash for the things you need so that you don’t have to worry about credit card payments, loan payments or interest rates. But the chance of you needing credit in the future is very real. Someday you might want to buy a house. Perhaps you’ll want to buy a new car. […]