Easy Credit Repair Tips

by Jason Butler on October 26, 2016 · 0 comments

add-heading-6Good morning Dinks! I hope all is well with you. Being creditworthy is something that many of us strive for. Some people are taught the basics of credit at an early age while others learn them a little later in life. Unfortunately, I was one of those who learned about credit in my mid 20’s, after I had made a few mistakes. Thankfully, I learned some tips and applied them to myself. My credit is much better than it was two years ago. I want to go over a few credit repair tips today. The tips don’t call for you to pay someone for help. You can do them right at home for free,

Get copies of your credit report

The first thing that you need to do is get a copy of your credit reports. There are three credit reporting agencies. You can get one report, or you can get all three of them. My suggestion would be to get a copy from all three of them. When you get your reports, look at them very carefully. Take note of any mistakes that you might see. You might be surprised at the amount of wrong info that could be on your report. If you find any errors, contact the credit companies as soon as possible. They have 30 days to fix them. Make sure that you send any info that you have that will prove that the item in question is a mistake. Copies of bills paid in full or copies of receipts are examples of things that you can send in. Your credit score can increase by a lot of points if that error is updated. You will be able to qualify for more credit, and you will have lower interest rates. If you have any mistakes, make sure that you get them fixed today.

Pay bills on time

This next step should be common sense, but common sense isn’t common anymore. Make sure that you pay your bills on time every month. Sometimes things happen that will throw you off. You could lose your job, or you could have an emergency. You should have an emergency fund in place just in case something happens. If you still find yourself in a situation where you are not able to pay the bills on time each month, you will need to do one of three things. You can find a way to make more money, decrease your monthly bills or talk to your creditors to see if they will lower your payments or interest rate so that you can pay your bills.

In some cases, your creditors will agree to lower your interest rates. It’s a case by case scenario, though. In the short term, your credit may still go down, but in the long run, it may make easier for you to get back on track and get things paid off more quickly. The main thing here is that you don’t want just to ignore your bills. Doing that will set you back for years.

It may seem like you could have bad credit forever, but it doesn’t have to be that way. You can get your credit up to par by doing these few tips. You just have to take charge and make the decision to do it. Start right now. Having better credit depends on it. If you still feel lost and helpless, you can find a credit counselor to help you out. Regardless, the sooner you decide to change, the sooner you’ll be able to feel the effect of having a good credit score.

Are you working to raise your credit score?

what-every-investorshould-know-aboutthe-stock-marketAlmost anyone can invest in stocks. It makes sense to approach investments with a level head and an artillery of valuable research. Try not to be impulsive or impatient when playing the stock market, or else you won’t profit as much as you can. Are you ready to learn a little more about the stock market? Keep reading this article for more tips.

It doesn’t take a fortune to invest in the stock market. You can start a solid portfolio with only $500. If you don’t want to do that, you can still invest in penny stocks. Using a minimal amount of money is a great way to introduce yourself to the market without worrying about losing too much of it. We all have to learn somehow.

Learn the investment terms. It may seem difficult, but it’s really not. You need to learn about various types of stocks, bonds, and funds to avoid making mistakes. There are several websites and books out there that can help you with the proper terminology. You have to have a conventional understanding of the terms if you want to get into the stock market seriously.

Something that you may want to consider is looking into technological advancements. An example could be a company coming out with a new phone or tablet. You could buy some of their stock. Some people have made huge returns after investing a small amount in the stock market. They were the ones that believed in a new idea, company or invention. The growth on some of those new products can be exponential Remember that this technique is somewhat risky, but it pays off well if you pick the right stock.

Remember that stock prices are reflections of earnings. In the short term immediate future, the market behavior will fluctuate depending on news and rumors and the emotional responses to those ranging from enthusiasm to panic. In the longer term picture, company earnings, over time wind up determining whether a stock price rises or falls.

Bear markets represent buying opportunities. The entire stock market is usually depressed during this time. That means that blue chip stocks are more accessible than usual so you can snag them for long term holding. Also, look for short-term holds that usually do well in slumping economies like dollar stores, movie theaters, and stocks like alcohol and tobacco.

It’s not the end of the world if you make a bad trade. It happens to every investor every once in a while. Don’t let that stop you from investing. You can take this opportunity to learn from your mistake. Ask yourself two questions. Why was the trade bad? How can you learn to spot a similar bad trade in the future? Once you can answer these questions, it’s time to move on. Use it as a learning experience.

If you want to achieve success with penny stocks, you should subscribe to as many online stock newsletters as you can. They can give you a wide list of potentially profitable penny stocks, as well as stock tips and other tips. These newsletters can help to ensure success with your investment.

In most cases, buying and holding good stocks is better than engaging in heavy trading of what might seem like better stocks. By keeping your turnover low, you can minimize what are termed as functional expenses. They include commissions, management fees, spreads and capital taxes. Low trading means low fees.

tips-for-investing-in-goldIn the past, I’ve discussed several different ways to invest in such as stocks, and mutual funds. Today, I will be talking about gold. Have you ever considered the gold market as a new investment vehicle? Have you tried other markets with little success before? It doesn’t matter how much experience you have. The information you will read below will prepare you to trade on the gold market.

The first thing that you need to do is research on the fee and commission structures for the dealer you are considering. Every dealer will have different commission structures. Since that is the case you should compare multiple ones. By doing that, you will be able to get the best deal possible. Also, make sure that the dealer is reputable. You can check with the Better Business Bureau to make sure that they have given fair prices to people. Know what gold is currently selling for. The best place to find the price range is the internet. That way, you can go in knowing how much you can expect to receive. You will know if you are being lowballed. Everyone is not always honest. Some people will try to pull a fast one on you. Do not let people rush you when you are dealing with gold. There is a lot of money on the table with gold purchases and sales. You should take as much time as you need before you make a decision. If that means taking a few extra days to look into other options or waiting out for a price fluctuation, then so be it.

Another thing is that you should know the current price per ounce of gold before selling your pieces. Doing so will help you figure out if a dealers offer is a good one or not. Many dealers will offer you the market value of your gold, but some know that sellers just want to convert their items into cash quickly, and they take advantage of the buyer. Don’t let that be you!

You need to know what you have before you sell it. Understanding how gold alloy works. Since gold is too soft to be used by itself, it is combined with other metals to form an alloy. The karat system will tell you how much gold is in the alloy. In the US, jewelry must be at least ten karats for it to be legally allowed to be called gold jewelry. Higher karats equal higher density and more value. Buyers who don’t have a good reputation may try to take advantage of sellers who don’t know exactly what they have. Twenty-four karat gold is almost pure gold, so it is worth way more than fourteen karat gold.

Something that I recently found out was that any item containing gold could be sold to someone dealing in gold. It could be broken jewelry, tableware or the things that you have around your house. It doesn’t even need to be entirely pure either. Even gold plated items will have a little bit of value.

As I stated earlier, research the buyer. Most reputable dealers will be members of the American Numismatic Association. According to Wikipedia, the ANA is an organization that was formed to advance the knowledge of numismatics (the study of money), along with educational, historical and scientific lines. Those dealers are held to a higher standard of ethics, and they must follow certain criteria when purchasing gold from individuals.

Have you invested in gold before?


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