The Road to the Worst Credit Score

Your credit score range can be 300 to 850 - the higher, the better. 1. Don't pay your Bills. Your repayment history is the most important part of your credit score. 2. Charge it. How much you owe is the second most important factor. 3. Apply, Apply. 10% ofyour score is based on how many new acounts you have applied for recently. 4. Be a one-trick Pony. Scores tend to be higher if you use a mix of different types of cedit, such as credit cards, store accounts, auto loan, and mortgage. 5. Assume That It's Hopeless. Don't consider bankruptcy, cutting up your credit cards, work out a budget or even take baby steps toward paying off your debt.

Credit Score Scale -- unique tips to advance a 3 credit scores higher than the trees now: There are strategies you can do to improve your credit score scale such as paying your cards down, servicing all of your debts and not over spending beyond your limit. You should also make sure to be patient and allow for some time to build your credit profile nice and strong. The bureaus tht issue your rating will include Experian, TransUnion, and Equifax. You are in a very low bracket if your scores are anywhere from 400 to 600 on the credit score scale. You can get a nice amount of help if your scores go up to 700 to 720. This will allow you to have good interest rates and lending potential. If you are 850 and below then you stand on thehighest ranking on the credit score scale and can be given the best interest rates offered in most cases.

Managing Credit & Debt

THE BEST VISA CREDIT CARD ON THE MARKET -- At any given time there is a huge choice between Visa and MasterCards available to consumers. Finding the best credit card on the market means finding one which suits you and the way you intend to use it. The ideal credit card offers 0% APR, no annual fees and an excellent cash back scheme. For those who qualify, the best Visa credit card on the market is the Citi Freedom Visa card, which offers 0% APR on purchases for the first six months before reverting to the standard variable rate which will be matched to your credit worthiness.

CREDIT TIPS

Business Credit Without Personal Guarantee Offers Many Advantages

Business credit without personal guarantee is the only way to get funding without risking your own personal credit or personal items. However, it can still provide you with the capital you need to start or look after an existing business.

There should be no other option in your mind when you are thinking about applying for a credit card or loans; it should always be an unsecured line of credit.

Some of the advantages of busness credit without personal guarantee include:

1. No Collateral Is Needed -- Secured lines of credit require something personal in order to be approved for a loan or card. The collateral is then used if you default on the loan or card.

The money amount your collateral is worth will be transferred over to the lender as payment. Credit without personal guarantee does not make you risk any of your personal things for your business.

2. Just As Easy To Apply For -- Business credit without personal guarantee is not any more difficult to apply for than secured business lines of credit. As a matter of fact many lenders now offer same day acceptance or denial procedures, meaning you will know if you have been accepted or denied by the end of the same business day you applied.

The easiest part about the application for business credit without personal guarantee is you will not have to provide your social security number for anything related to the business. It is not connected to your personal credit in any shape or form.

3. There Are Many Options Out There -- business credit without personal guarantee is not difficult to locate. Just about every lender has a business credit without personal guarantee option. There are even lenders out there that only offer unsecured credit to owners.

So do not think that you are going to have to spend hours and hours looking for a single place that offers credit without a guarantee. Your local lender should have some options for you to choose from.

4. Will Build The Same Amount Of Credit -- Some business owners think one type of credit builds more credit than a different kind. This is not true. An unsecured line will build the same amount of credit as a secured line. As long as you make the monthly payments and do not default on anything, your credit will be great!

So business credit without personal guarantee is the only way I would suggest you get business credit.

You do not need to risk your personal home and credit to get funding for your business.

There are other options out there. You can build a business. But keep the personal things you have worked so hard to get.

5 Tips for Opening New Credit Cards

• Try working things out with your current provider first, Negotiate some better terms.
• Think carefully before closing an old card. closing it lowers the total amount available, making it look like the consumer is closer to maxing out.
• Be sepcific about what you want out of a new card. Applying for multiple cards can damage your credit score.
• Before applying check your credit report, so you know what your eligible for.
• Zero percent for twevel months may sound great, but look past the introductory offer to what the terms are after the intial period.