If you are currently paying down balances on several high interest credit cards, you may be tempted to try debt consolidation. Before shopping for a loan, make sure that this decision is part of a long-term plan, and not just a temporary fix.
Having bad credit is a circumstance that has a negative impact on your financial health. It’s why there are thousands of credit repair services exist. These places aim to help people improve their credit standing, and that’s an exciting proposition for many people dealing with bad credit. But what exactly do these places do? And can they really work?
It’s a brand new year, so there’s no time like the present to start rebuilding your bad credit. Making and keeping a resolution to give your credit rating a boost can result in new opportunities and an easier way of life.
As a New Yorker, you know that you live in the greatest city in the world. You have easy access to great restaurants, entertainment, museums and shopping. But living in New York City is expensive, so even if you have a great income, you may find yourself facing bad credit.
Having bad credit can make life more complicated in several ways. And, fortunately, damaged credit can be repaired, but it won’t happen overnight.
Considering how important your credit report and score are to your financial freedom, when inaccurate information is reported, such as a collection or a late payment that isn’t yours, it can hit your scores hard, and disrupt your life.