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      November 20, 2017

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TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

What is Credit History and Why is it Important?

From that first bank account to the latest credit card, an individualís credit history is the complete synopsis of how that consumer has managed their finances over their lifetime. For better or worse, itís all included in one handy document, which can be accessed by financial brokers, credit card companies and even potential employers.

A credit score Ė a three-digit number that is assigned through a mathematical algorithm which pulls data from a personís credit report Ė is partially determined by a consumerís credit history. A credit score, in conjunction with a personís credit report, is used to determine credit worthiness. It consists of 15 percent of a consumerís credit score.

Knowing how a credit history can affect everyday living is the best tool a consumer can possess. Landlords, insurance providers and even cell phone companies use a personís credit history to determine if they want to risk doing business with that person. Having a bad credit report Ė which is the result of not paying bills on time or forfeiting loans and other debt Ė will have lifelong repercussions for the potential borrower.

Itís best to build a solid credit report from day one. The ways to create a positive report include:

  • Pay on time. While this may seem like common sense advice, failure to make payments on time or to make them at all is the number one reason consumers have poor credit reports. In order to pay bills in a timely fashion, set a budget and establish a bill-paying routine so as not to miss any payments. Some online bill payment systems allow users to set automatic payments/deductions for bills that occur on a monthly basis. Using these features may be the best way to make sure bills are paid on time and not forgotten.
  • Pay the balance. Itís best to pay the entire amount due each month. However, if that is not possible, at least be sure to pay the indicated ďminimum amount dueĒ listed on the bill. Paying even a small amount on bills is better than skipping a payment altogether.
  • Donít overextend available funding. While it may be easier said than done, creating and sticking to a monthly budget is the best way to prevent overspending, which can result in the failure to pay bills on time.
  • Think before buying. Impulse spending is among the quickest ways to overextend available credit. Overextending credit almost always leads to failure to pay bills in full on time, which in turn results in a poor credit report. Establishing a monthly spending plan is the best way to know if there is wiggle room for additional spending on items that are non-essential.

If youíre among the estimated 220 million Americans who have bad credit, all is not lost. There are steps to take to help repair credit damage and improve your credit rating. The best way to repair poor credit is to consult with a consumer credit consolidation service, which can help consumers consolidate monthly loans and other debt into more reasonable payments.

The Ultimate Guide to Starting to a Profitable Credit Repair Business at Home

If you want to start your credit repair business from the comfort of your home, here is a guide that will help you to get started. Why Should You Start This Type of Business Starting a credit repair business is quite easy and this is the best time to do ...

Published:  Fri, 10 Nov 2017 03:11:00 GMT



Quality Credit Repair Helps Clients Practice Smart Spending

Philadelphia, PA -- (SBWIRE) -- 11/08/2017 -- With the holiday season soon approaching, Quality Credit Repair, one of the elite credit counseling agencies serving Bucks County, PA and the surrounding areas, urges everyone to practice intelligent spending ...

Published:  Wed, 08 Nov 2017 05:06:00 GMT



Quick Tips to Repair Damaged Credit

Once your credit score falls, it can feel a bit disheartening and many people do not know where to start to fix it. Begin the process by getting your scores from a reputable website, such as freecreditreport. Once you have a starting point it will be ...

Published:  Mon, 13 Nov 2017 12:47:00 GMT



Jimarcus Blandin releases new financial literacy book, "GOOD CREDIT IS COOL, GREAT CREDIT IS SEXY"

GREAT CREDIT IS SEXY" where he teaches the art of financial literacy and credit repair Jimarcus Blandinis the CEO of a couple of companies with the list including FYI Business and Financial Solutions Inc, J. Blandin Enterprises, and Conversion Real ...

Published:  Fri, 17 Nov 2017 07:44:00 GMT



Why Having Good Credit Is Important If You Want to Invest

Not only do they engage credit repair services to eliminate negative trade lines and improve their credit scores, they're also interested in building investments for retirement, becoming homeowners, and balancing their debt to income ratios. If you are ...

Published:  Tue, 14 Nov 2017 06:59:00 GMT



Credit Repair: The Ultimate Guide to Increase Your Credit Score, Decrease Your Debt, and Manage Your Finances

Is your credit score and debt making you life difficult Improving your credit will improve your quality of life allowing you to get the things that you have always want. A bad credit score can stop you from buying a house for your family, buying your ...

Published:  Sun, 19 Nov 2017 08:16:00 GMT



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