Monthly Archives: November 2017

Need Help Repairing Your Credit Score? This Article Has Tips Which Can Help

It’s something which has happened to us all. The dreaded beeping noise which tells you that your application for credit has been declined. Even though the machine barely made a peep, you’re sure that every person in the store heard and is now staring at yours.


Of course, the reality of the situation is very different, but the feeling is the same. And while most people will be too afraid to address their finances again, this doesn’t lead any improvement in their financial situation.


If this sounds like you, below are some easy tips you can follow to help improve your credit score.


Take It All In

The first thing that you need to do is to accept that you are in debt and lay it all out in front of you. This involves creating a budget which shows all of your income streams against all of your monthly expenses. If you have any expenses which span over a period of months then apportion their payment into months.


Once you have this you will be better equipped to see exactly where your money is going and what is causing you the most problems when it comes time for a credit check.


Consistent Savings

In addition to having a low amount of owed debt, your credit score is also based on your ability to consistently save. However, this is most commonly affected by a monthly budget not allowing for emergency items or social outings.


With this in mind, be sure to allocate a small amount each month to these types of expenses and buy them upfront. For example, at the start of the month, browse through the Groupon Coupons page for The Lakeside Collection alongside your local movie theater website and buy everything at the start of the month. Then, throughout the month, as you feel like a bit of online shopping or a trip to the movies with your friends you already have them purchased and can enjoy knowing that you are also saving.


Debt Consolidation

The worst thing that you can do is to pay the minimum, or even just over, to each of your varied cards and debts. While it may seem like you are chipping away, you are merely just paying for their profits.


One of the best ways to make your repayments more effective is to consolidate all of your lines of credit into one large debt. While it may seem overwhelming because you are making one single monthly payment you are minimizing the amount of interest you pay. This means that you can watch your overall debt reduce instead of hover or even grow!


In addition to reducing your debt faster, which will improve your credit score, the consistent repayments will also help to give it a boost.


When it comes to improving your credit score it isn’t something which can be achieved overnight. With this in mind, be sure to stick with it and keep your eyes on the prize of financial freedom and a better credit score!

What Are the Best Ways to Build Credit?

Your credit score is primarily based on a credit report information typically provided by credit bureaus.Though standards for rating credit scores vary from lender to lender, 700 and higher (on a scale of 300 to 850) is generally regarded as“good.”


Your FICO score, which is the most commonly used model, is based on the following components:


  1. Payment history – 35% of total credit score
  2. Credit utilization – 30% of total credit score
  3. Length of credit history – 15% of total credit score
  4. New credit accounts – 10% of total credit score
  5. Mix of credit accounts – 10% of total credit score


To discover the best ways to build credit, just turn to a reputable business funding provider to enjoy the right business financing opportunities that can help you build credit successfully. Respectable alternative online lenders are ready to work even with those merchants who have bad credit or no credit at all.


Tips to Help You Build Credit Easily

Below you can find the best steps that you can take while trying to build your credit:


  1. Apply for a Secured Credit Card

Apply online or turn to your local bank and make a deposit of $200-2.000. This is similar toa traditional credit card.


  1. Become an Authorized User of Someone Else’s Card

Consider becoming an authorized user of someone else’s credit card. If this person has good credit, you’ll start building good credit as an extension of his/her credit history.


  1. Use the Right Credit Card

Choose the right credit card bypaying attention toannual fees, interest rates, credit limits, billing cycles, rewards or cash backs, and cash advance fees.


  1. Don’t Allow Your Balance to Go High

Keep your balance-to-credit-limit ratio around 30% or less.


  1. Pay Off Your Balance in Full

Don’t fail to pay your balance in full every month and make on-time payments.


  1. Enable Auto Pay for All Your Bills

Log into your credit card account and enable auto pay for your household expenses,such as utility, internet and insurance bills, from your checking account.


  1. Use Only One Account

If you apply for multiple credit cards at once, you can make your credit score go down. Moreover, your account will look risky in the eyes of creditors.


  1. Don’t Close Your Accounts

Avoid opening multiple cards and then closing them when you’re not using them. If you close any of your unused accounts, your credit score will get lower.


  1. Don’t Use Free Offers That Come with Credit Card Applications

Avoid free gifts for applying for a credit card. Be aware canceled cards will appear on your credit report.


  1. Get a Co-Signor

Consider using a co-signer. The co-signer will be responsible for the full amount owed if you don’t pay.


  1. Get Credit for the Rent You Pay

Some rent-reporting services take a bill you’re already paying and put it on your credit report, thus helping you build a positive history of on-time payments.


There are ways that can help you build your credit score and avoid unnecessary debt. Follow the best practices to start building good credit successfully.


Author Bio: Business Funding expert, Nathan Hale, founded First American Merchant with his eyes set on helping the backbone of our country, small business owners. His passions include writing/producing music, and travel. First American Merchant is America’s Best company offering the best ways to build credit, and serving both traditional and high-risk Businesses.

Accessories that comes together with the Map

Accessories used in Scratching off the map are a scrapper, usually a hexagonal coin, a marker, an eraser to clean the scratch smudges, memory stickers to make note of travel memories, magnifying strip for visually challenged, travel prediction and a precision scratch tool. It comes packaged in a slick tube and thus provides an easy way to carry.

Variants in the Scratch off World Map The Scratch Map is highly significant for a traveler for its ease of use. There are number of variants available and each varies in terms of the design, accessories provided along with, the dimensions of the map and the up-to-date world Map printed underneath revealing city details. Each variants gives a stylish, interactive and a customized map of the world. Some maps are designed with a scratchable silver foil with blue background representing the seas and oceans. Underneath the silver foil, cities, rivers, mountains, resorts are printed in an attractive colors. These maps are made of high quality material for giving a rich look and also to prevent from the damage resulting from frequent usage. Scratch off World Map poster is available in double sided version. They are also available for a particular country or continent. This gives an in depth view of the places, country flags, terrain details and so on. This type of specific scratch off the continent mark is more useful for domestic tourists. Some of the variants available are deluxe, original, Europe, USA, Ireland, France, adventure map, Capitals, Oceans and so on.