Try to Pay Your Statement Balance in Full Monthly or Maintain it UNDER 33% of the Limit Paying interest increases the cost of everything you purchase with your credit card, so you should try to avoid carrying a balance as often as possible. If you do have to carry a balance, try to keep it below at least 30% (ideally 10%) of your available credit limit. Doing so will help keep your credit score intact. You can come up with a payment plan to get rid of any existing credit card debt you have here. Knowledge is Power and Credit is King!

Here's a Credit Card Tips That Will Last a Lifetime!!! Regularly Re-evaluate Your Credit Cards The only constant in the credit card industry is change, so it’s important to regularly take a look at the credit cards that are in your wallet. Then, examine the market to see if there are newer products available that will better meet your needs — which may have changed since the last time you comparison-shopped for cards. Knowledge is Power and Credit is King!

A Credit Card Tips That Will Last a Lifetime!!! Avoid Cash Withdrawals Nearly all credit cards impose cash advance fees and very high cash advance APRs, so you should avoid using your credit card for cash at all costs. Remember, it’s always better to use your ATM card when you need cash. Knowledge is Power and Credit is King!

How Credit Affects Our Lives; Whether it's Positive or Negative... Shelter: Leasing an apartment or purchasing a home; Transportation: Leasing or purchasing a car; Utilities: Ordering gas, lights, etc; Education: Financing for your child; Employment: Applying for certain jobs; Products: Computers or Appliances; Business: Starting a company; Emergencies: A credit card for unforeseen events; Savings & retirement: Lowered interest rates and savings. Knowledge is Power and Credit is King! #NoMoreExcuses

Pay Off & Close? NO! Absolutely NOT! Of course, if you pay off and close a credit card account (or close and then pay off a card), that's another matter. Closing an account removes the credit limit on that card from the utilization calculation, which can potentially affect your scores by raising your overall debt usage ratio on your remaining open revolving accounts. In a sense, monitoring your credit score can be a lot like monitoring your blood pressure. If it's higher than usual, is that because of the last meal you ate, or the argument you had with your spouse, or because you took your last dose of blood pressure medicine earlier than usual? It may be a combination of all three, or maybe it's something else you not on your radar. It's the overall trend that's important. Are you bringing it down overall? The bottom line? Paying your credit cards in full can help you save money in interest and should not hurt your credit scores. But keeping accounts open and active can help your scores. As is often the case, you'll get the best scores by using credit — as long as you use it wisely. Knowledge is Power and Credit is King! #NoMoreExcuses

Six Ways You Can Raise your Credit Scores... 1. Pay Bills before the statement date 2. Make multiple payments 3. Ask for a good will deletion 4. Pay for removal 5. Protect yourself in a short sale 6. Call BANCO Capital for Credit Restoration or Credit Enhancements; 1-800-442-1591. Start Gaining Financial Stability with Intelligence and Integrity. We are ONE of the best in the business!

The Biggest Mistake People Do is Ignoring Your Debt... Some people become so stressed out or embarrassed by their credit card debt that they simply stop opening their bills and pretend that the problem isn't there. While this tactic may appear to work for a month or two, it's a bad approach because while you're ignoring your bills, interest rates are causing the balance you owe to grow every day. In fact, if you miss a payment or two, the interest rate itself may even increase under the terms of your credit card agreement. Not paying your bills on time also has a detrimental effect on your credit score. If you're feeling overwhelmed, you can call each of your credit cards and ask to renegotiate the terms of your agreement. Sometimes you can get your interest rate lowered, set up a payment plan that will allow you to pay off your debt, or even get some of your debt forgiven, all with a simple phone call. * If your first call doesn't work, remember that just because one person says no doesn't mean that's the final answer. ** Keep calling the company back - you'll often get a different customer service rep almost every time, and talking to different people may allow you to negotiate a better deal. Knowledge is Power and Credit is King! #NoMoreExcuses

Business Credit Cards Whether you're a one-person company, or the head of a Fortune 500 empire, it's likely you'll need to pay for business-oriented expenses. That's where business credit cards come in handy. These cards separate business from personal costs, and can help manage company expenses. Some cards include rewards for using them like cash back or points, additional expense management tools to see where the money is going, and special card-member perks. We've reviewed the features and benefits of the most popular business credit cards. We can get your business set-up to get these cards. Knowledge is Power and Credit is King! #NoMoreExcuses

I Used to Dodge Debt Collectors & Now I Have a Great Credit Score Hiding the car from the repo man and renting a private mailbox so he didn’t have to provide a home address were just two of the ways Dan Nainan was trying to deal with his debt a decade ago. But the collectors were persistent. One showed up at the mailbox rental location and told the owner of the business that Nainan’s parents had been in a car accident and he needed to get in touch with him immediately to donate blood. Another time, Nainan returned from a trip to learn that the repo guy had found out where he lived and had been banging on his door. He has since learned the first collector’s tactics were illegal, but at the time he didn’t know his rights.

I Used to Dodge Debt Collectors & Now I Have a Great Credit Score Now a successful comedian, Nainan can joke about his past credit problems. “My credit card company had a hit man after me,” he quips. But at the time it was pretty serious – and scary. Nainan had run up a considerable amount of debt “buying stupid stuff trying to be like your typical materialistic American,” he says. He was having trouble managing his debt and his credit scores were terrible. “I really screwed up my credit,” he admits, saying his credit score was “probably a negative number.” But in the process of getting back on track financially he educated himself about credit, and today his scores top 800. Here’s how he did it and what he learned.

I Used to Dodge Debt Collectors & Now I Have a Great Credit Score Hiding the car from the repo man and renting a private mailbox so he didn’t have to provide a home address were just two of the ways people try to deal with their debt. But the collectors will be persistent. Knowledge is Power and Credit is King!

Say "No" to Cash Advances Credit card companies employ tactics such as sending you checks in the mail as often as once a week and encouraging you to use them to pay bills or treat yourself to something nice, but only in the fine print do they mention that these checks are considered a cash advance. The main reason why taking a cash advance is such a bad idea is that you start accruing interest the minute you take the advance - unlike with regular credit card purchases, there is often no grace period. You're also charged an automatic fee, usually around 2-4%, on the amount of the cash advance in addition to a higher interest rate than what you're paying on the rest of your credit card balance. To add insult to injury, the credit card company often won't consider the cash advance to be paid off until you've paid off your balance for your other purchases. The best thing to do with these checks is to shred them as soon as you receive them. This way, you'll avoid the temptation to use them and prevent would-be identity thieves from snagging them out of your trash. Many credit cards will also send you a pin number shortly after you sign up for a card so that you can use your credit card to get cash from an ATM. Shred that pin number, too - cash advances are a terrible deal for consumers. Knowledge is Power and Credit is King! #NoMoreExcuses

The Biggest Mistake People Do is Ignoring Your Debt... Some people become so stressed out or embarrassed by their credit card debt that they simply stop opening their bills and pretend that the problem isn't there. While this tactic may appear to work for a month or two, it's a bad approach because while you're ignoring your bills, interest rates are causing the balance you owe to grow every day. In fact, if you miss a payment or two, the interest rate itself may even increase under the terms of your credit card agreement. Not paying your bills on time also has a detrimental effect on your credit score. If you're feeling overwhelmed, you can call each of your credit cards and ask to renegotiate the terms of your agreement. Sometimes you can get your interest rate lowered, set up a payment plan that will allow you to pay off your debt, or even get some of your debt forgiven, all with a simple phone call. * If your first call doesn't work, remember that just because one person says no doesn't mean that's the final answer. ** Keep calling the company back - you'll often get a different customer service rep almost every time, and talking to different people may allow you to negotiate a better deal. Knowledge is Power and Credit is King! #NoMoreExcuses

The most widely used is FICO® Score 8, which is generally consistent with previous versions but differs in several key ways. A FICO® credit score is a three-digit number ranging from 300 to 850 (and 250 to 900 for industry-specific scores). Knowledge is Power and Credit is King!

How and Where to Start When Building Your Credit Scores...

When you are ready to start building credit, we suggest focusing your attention on ONE line of credit. Credit cards in particular are a good starting point. A credit card is self-managed, and only you can decide how much you are going to charge on it each month and how much you are going to pay on it each month. It is a strong and predictive indicator of your credit management abilities. An unsecured credit cards have spending limits determined by your credit history and income, it may be hard to acquire one at first. Secured credit cards [53rd has a credit builder program, we recommend you seeing Sierra Sparks, 2489360314] require a security deposit that becomes collateral as well as the credit limit for your card and may be an easier place to start. Every card issuer has different standards so research your options to find a card that has a lending profile that fits you best. Co-signed cards or loans can be another opportunity for credit beginners to start building a history, but they come with risk. Whatever happens with that card is going to affect both parties. * Just make sure every month you check, and make sure that the agreed payment was made or that the balance isn't getting out of control. ** If managed closely, co-signed credit can benefit everyone involved. Credit is King and Knowledge is Power! NO MORE EXCUSES...

You MUST Check your credit report

First, learn about your current financial situation before diving into building credit. The best way to do this is by checking your credit report, which can be obtained for free once a year from each of the three major credit bureaus: Experian, Equifax and TransUnion. As you're building your credit history, you must know that information will be collected from your creditors. Make sure that you're maintaining your payments because if you're not, your scores will plummet. Upon a credit lender or bureau's request, credit reports are fed through a mathematical formula created by Fair Isaac Company to create your FICO credit score, which is used by financial institutions across the world to make consumer credit decisions. FICO scores have become the standard for measuring an individual's credit risk and range from 350 to 850, with a higher number representing better credit. If you're someone that's just starting out, it's important that you look at your credit report, verify that there are no mistakes and make sure all the information on that report is accurate because it is that information that is run through the algorithm to generate the score. If there are mistakes [negative information] on the credit report, that will impact your credit scores. Knowledge is Power and Credit is King! Call 18004421591 to start Gaining Financial Stability with Intelligence and Integrity!