Articles Of Interest

Before And After Credit

Home
Debt Management Companies
Student Money Guide
Debt Settlement
IVA UK
Apply For IVA
How To Go Bankrupt
Government Debt Solution
How To Negotiate Debt
Borrow Money/Loans
Home Budgeting Software
Free Budget Worksheets
Online Gambling Debts
National Debt Helpline
Direct Payday Lenders
Articles








To Advertise On This Site Please Contact Us



Debt Negotiation Guide:

Stage One
Contact Creditors

Stage Two
Prioritise Creditors

Stage Three
Financial Statement

Stage Four
Make Offers




UK Debt Help: Get Debt Help with 123 Debt Solutions







Popular Pages:

Debt Management:

How Do I Consolidate My Debts

Debt Consolidators

Debt Management Firms

Debt Management Counselling

Free Debt Management Plan

Debt Management Programme

Debt Management Helpline

Debt Management Schemes

Consumer Debt Management

Online Debt Management

How Can Debt Management Help You?

Bankruptcy:

How To File Bankruptcy

Bankruptcy Rules

Bankruptcy Questions

IVAs And Trust Deeds:

IVA Debts

Individual Voluntary Arrangement Bankruptcy

IVA Or Bankruptcy

Get IVA

Information On IVA

Individual Voluntary Arrangement UK

IVA Debt Solutions

Debt Advice IVA

IVA Debt Solution

IVA Credit

IVA Insolvency

IVA Remortgage

What Is IVA

Scottish Trust Deeds

Trust Deeds Scotland

General Debt Advice:

Self Help Debt

Write Off Debt

Debt Written Off

Sample Settlement Of Debt Letter

Free Sample Letters To Creditors

Bailiffs And Council Tax

County Court Claims

Debt Limitations

Mortgage Shortfalls

Money Saving Techniques

Christian Debt Solutions

Government Debt Advice

Government Debt Management

Unclaimed Money For Free

Scottish Debt Advice

Debt Specialists

Clear My Debt

Free Printable Budget Worksheets

Personal Financial Statement

Doorstep Loans

Do It Yourself Debt Negotiation

123 Debt Solutions Reviews

Approved Debt Solution

Payday Loans

3 Month Payday Loans

Compare Payday Loans

Instant Payday Loans UK

Online Payday Advances

Payday Loans Lenders

Payday Loans No Credit Checks

Payday Loans With Bad Credit

UK Payday Loans

Urgent Payday Loans

Help To Consolidate Payday Loans

Private Bad Credit Lenders




Before And After Credit

Article By Guest Author

See Also Other Related Pages:

How To Negotiate Credit Card Settlement

Problem Getting Credit?
Read The Credit Rating Page and Find Out How To Get Your
FREE UK Credit Report
or your FREE US Credit Report

It use to be in the good ole days that if you needed something and didn't have any money, you would go to the local merchant and get it. He would let you get what you needed for the home or family on credit. Then when you had the money you could pay him back, or trade something you had for what you owed. It was a good system for everyone until one day someone got greedy. That greed made good deeds turn into big profits off of someone's hardship. If you had children and needed a loaf of bread or eggs you didn't have to worry. People in the community or in the church would make sure that your children didn't go hungry and didn't need to know your credit score.

But here we are in a whole different world now. Everything that you do requires a credit check. When you call for home or car insurance, one of the first questions is; your social security number. That way they can determine in seconds your credit marks and base your monthly premium on that score. When you apply for most jobs now the prospective employer runs a credit check on you. It does not make much sense, because you need the money to pay your bills (even deliquent ones) that is why you apply for work, not because it is a hobby or pleasure. When you want to rent an apartment or home or even equipment, they too get a credit check.

We are coming into a time now where there will be two types of people; the 'haves' and the 'have nots'. The banks have made it to where you almost have to have credit cards to survive. After you get the credit cards, they can change the terms of the contract and change your interest rate. In some cases they can charge extreme interest rates along with penalties and fees. Some merchants such as car rentals, hotels, travel agents, airlines and others require a credit card.

Every adult should learn how to achieve better credit. They need to know what cards to get and how to pay for the merchandise on time, every time. Companies that issue credit in these times are very selective. That means that you need to play the credit game to win. If you have no credit or bad credit, you could start out with a very high interest rated card, but note: before you ever use the card you could owe as much as your limit (which in most cases is $200-$300). But if you pay over the monthly payment each and every time, the creditor should increase your limit.

Within a year you should start seeing your credit score increasing too. When your scores increase, so will your chances of more available credit. The trick (game) is to be consistent, purchase just what you can afford to pay for, then when the statement comes in the mail, pay it. Pay a little bit extra, but be sure to pay it. When you are trying to establish credit, never miss or default on your payment, it will reverse your credit score. Once you have established a fair amount of credit you will feel better about yourself. What a good feeling to know that you are never stuck, you have cards in your wallet that can be used almost everywhere for just about anything, and besides, people notice you more.

Remember, you want to be one of the HAVES not the HAVE NOTS.



Apply For UK Debt Help Now

Complete This Simple Online Form For A Free Review By An Advisor From Our Recommended Debt Company, 123 Debt Solutions

Just submit the form and an advisor will get straight back to you

You Can Use This Form To Apply For Debt Management Plans, Debt Consolidation Loans,
IVAs or Trust Deeds

Whatever the nature of your debt problem, it is worth checking to see which solution could work for you.

Please Only Submit If You Are A UK Resident


protected by copyscape


Your home may be repossessed if you do not keep up repayments on a mortgage, loan or any other debt secured on it. Think carefully before securing other debts against your home.