Understanding your credit is the first step to improving your credit score. Getting the facts straight about credit repair can be a daunting task. Misinformation abounds which encourages consumers to feel as if they're stuck with poor credit even though affirmative legal steps can provide relief. Understanding your consumer rights is the first step toward improving your credit rating. Credit 1 Coach is your source for information on how to utilize those legal actions to improve your rating.
Ways to Save Money at the Gas Pump
With the rising cost of gas prices…and no end in sight…everyone wants to save as much money at the gas pump as they possibly can. You may not be able to control the price of gas but you can change certain habits and follow some basic guidelines to help you save as much money [...]
Tips: For a Successful Credit Card Holder
Pay on Time Paying your credit card account on time helps you avoid late fees as well as penalty interest rates applied to your account, and helps you maintain a good credit record. A good credit record leads to a higher credit score, which helps you qualify for lower interest rates. Know the date your [...]
The Real Scoop on Credit Counseling
You have probably seen ads on television, the radio, and the internet promoting to “lower your interest rates,” “reduce your monthly payments,” “end collection calls,” and “get you on the road to financial freedom.” Sometimes credit counselors deliver on their promises. Other times, consumers wind up much worse off. The following article will tackle the [...]
Handling Foreclosures
Many people feel like they’ve been hit in the face when credit problems strike them. On a much larger scale, getting hit in the face is similar to some degree as getting your house foreclosed on or any credit problem. How are you going to handle yourself or your credit after foreclosure happens? Or for that matter [...]
Credit Resolutions from True Credit
Trying to improve your finances? Not sure where to start? Whether your goals involve credit clean-up, refinancing, or saving, you can make this year a personal best for your credit. Read on for TrueCredit’s top credit targets: Set Goals: Check your credit reports every three months: The first step to robust credit health is to [...]
How Long Is Too Long?
How Long Do Negative Items Stay on Your Credit Report? The items on your credit report are called tradelines. They can either be positive or negative. Positive tradelines help your credit score and negative tradelines lower your credit score. Most negative items remain on your credit report for 7 years from the date of first delinquency, but there are [...]
Fixed Expenses Vs. Variable Expenses
I get asked every week from a client, How can we separate our expenses and learn how to create a budget. My answer is usually the best way to attack a problem is to start with the problem. Ourselves? Our budget is not the problem, the money we make is not the problem it’s our [...]
Credit Coach Playbook #10: A Sneak Play For The Business Owner
Whether you currently own your own business or inspire to in the future, here is a sneak play for you to use. We call it the sneak play because most people are not aware of it. Credit Card companies do not volunteer the information. Well we have gotten this information straight from their play book! [...]
Credit Coach Playbook #8: Ace in the Hole
In the sports world, an ace in the hole is a hidden advantage or resource kept in reserve until needed. In our world at Credit Coach, we refer to balance transfer checks as one of our aces in the hole. You can save money by taking advantage of balance transfer credit card offers. With balance [...]
Credit Coach Playbook #7: The Old Timer vs. the Rookie
There are many instances when a rookie is preferred to an old timer, but not on your credit report! If you have old credit card accounts, credit lines, or other revolving trades on your credit report it is recommended that you keep them open. While closed or open accounts both count in calculating your credit [...]
