Credit history

Building one’s credit is a great deal easier said than done, and while credit cards can be a good solution to this problem, they can also be a burden if one is not careful when using them. Not only can it be detrimental to one’s financial budget, but it can leave a vast impact on a College student who is already in debt from financing their college tuition and living expenses. Entering into College students are not incredibly aware of how credit cards actually work and don’t have the financial background

2183 × 3300 Caption A lot of credit card debt can lower your credit rating. Alternate Text Group Your credit score is a complicated mix of factors, such as how much you owe, how timely your payments are, the kind of credit you have and how long you’ve had that credit. Rating companies use proprietary formulas to come up with your credit score, which is used to determine how credit-worthy you are. Lenders use this to decide whether to loan you money and, if they make the loan, how high your interest

With so many different types of credit cards out there today, it can be difficult to sort through them all. If you are looking for a new credit card, it is all too easy to become confused and overwhelmed. One type of credit card that is commonly offered to people with little or no credit is the bank secured credit card. Bank secured credit cards are a great way to raise your credit score, whether you have no had no previous credit in your name, or have had credit problems in the past. Even if you

Dr. Lawrence Wittner, a professor of history emeritus at SUNY Albany, claims that the primary reason why so many students do not go to college or discontinuing their studies is they cannot afford such an expensive tuition. A part of the students in order to pay off the tuition, they need to

That is just something buyers can't do at a dealership. I knew a family friend who had a GM credit card for about four years. He had made so many purchases with this card that he built up points that went towards his new car. So when he was ready to buy his new car he went to the GM website and ordered a 2001 Pontiac Firebird with all the options

talking about Establishing Credit. A credit report is the complete record of your borrowing and repayment performance. Write 2-3 paragraphs, using complete sentences, detailing why a credit report is so important in your life. Please make sure you discuss the four types of information found on a credit report, what credit reports are used for, what the three major U.S. credit bureaus are, and what causes bad credit (your credit score to fall), what causes good credit (or your credit score to rise), and

lower income brackets that are in desperate needs financially. History, however, has been shown that those who are financially wealthy take advantage of opportunities that could help further destroy the lower and middle class as well by using bankruptcy fraud. The average white collar worker has more resources and power to deprive people, especially when it comes to the basic necessities in life. The basic need of having good credit is the dream everyone wants in order to be financially strong.

Credit Awareness for College Students By Jude Perera | Submitted On August 11, 2013 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest There are many and more college students who refuse to use a credit card, afraid that

Vulnerable Consumers: Widening the net and catching younger fish SUMMARY A look into the world of consumers and how various vulnerable demographic subsets may find themselves at the mercy of businesses. First we will review X # of research articles to gain a broad understanding of the subject, then conclude with the results and findings of the study as well as any business implications. INTRODUCTION Placeholder for when time allows DISCUSSION BROADENING THE DEFINITION OF VULNERABLE CONSUMERS The

their lac of self control in saving the little money they do earn, it makes you question if the have the know how to get out of poverty, or even in some cases even want to due to their different spending habits than successful people, falling into credit traps, and buying the un-necessary. Part of the issue as displayed through this book is that families truly have no since of fear with money. If they make money then continue to spend poorly and loose their money, they are back to where they started