The document provides information about rebuilding credit after bankruptcy, including easy steps one can take immediately to improve their credit score. It discusses paying bills on time, paying down credit card balances, obtaining additional credit responsibly over time, and correcting any errors on credit reports. Taking these steps can help increase one's credit score and qualify for better credit terms in the future.
Understanding Your Credit Report and ScoreSpringboard
Information about what’s on a credit report, how it gets there, how a credit score is calculated, and how to develop good financial habits. Understanding credit and knowing where you stand are vital to protecting yourself from predatory lending by unqualified or unscrupulous lenders offering costly or unstable loan products.
Understanding Your Credit Report and ScoreSpringboard
Information about what’s on a credit report, how it gets there, how a credit score is calculated, and how to develop good financial habits. Understanding credit and knowing where you stand are vital to protecting yourself from predatory lending by unqualified or unscrupulous lenders offering costly or unstable loan products.
Your Guide to Getting a Perfect Credit ScoreFundera
What’s the deal with 850? Well, if you’re a credit score aficionado like we are, you’ll recognize 850 as the absolute perfect credit score. Once you’ve hit it, there’s just no higher to go—you’ve made it.
And it’s an especially important figure for small business owners on the prowl for business financing. Out of all your financial numbers, documents, and sheets, your credit score might just be one of the most important attributes out there. There are business loans for bad credit, but your credit score can make or break the loans you’ll qualify for.
Since your credit is such a big deal, we’ve decided to build the biggest, baddest, most kickassest guide to achieving that perfect credit score.
Learn the basics of credit in this easy-to-follow, introductory course that includes:
- What credit is and the different types of credit available
- How credit reports and credit scores work and the factors that go into building them
- Common options for building credit
And more!
Click through the slideshare to start your credit-education now.
Louisiana Small Business Loans – Get Approved For Small Business Financing dhamza
Are you looking for a loan for your commercial vehicle? If yes, then you should consider applying for commercial vehicle financing. The process of obtaining business loans for vehicles is quite simple. However, there are certain factors that you need to keep in mind while applying for a commercial vehicle loan.
If you are planning to buy a new commercial vehicle, then you should apply for commercial vehicle financing before buying the vehicle. It is because the finance company will give you a better rate of interest if you apply for a commercial vehicle loan before purchasing the vehicle.
Credit Repair Education for Libraries 6.15.19Victor Johnson
Victor Vonico Johnson, as General Partner for Credit Restoration Mentors, conducts a talk at a Carrollton Texas Library to educate the community about the benefits of good credit, and how to achieve it.
More than half of all small business used some kind of business credit last year as working capital. Find out how you can manage exposure. Get solutions for your cash flow needs from Christine Janklow, president, SettleSource, Inc. and David Gass. president, Earn.com. Learn more at http://bit.ly/aHxjc0 .
Digital Dealer Magazine - March 2010 and be sure to visit and join the #1 Automotive Digital Marketing online exchange for the best strategies, tactics and resources at http://www.AutomotiveDigitalMarketing.com/
Your Guide to Getting a Perfect Credit ScoreFundera
What’s the deal with 850? Well, if you’re a credit score aficionado like we are, you’ll recognize 850 as the absolute perfect credit score. Once you’ve hit it, there’s just no higher to go—you’ve made it.
And it’s an especially important figure for small business owners on the prowl for business financing. Out of all your financial numbers, documents, and sheets, your credit score might just be one of the most important attributes out there. There are business loans for bad credit, but your credit score can make or break the loans you’ll qualify for.
Since your credit is such a big deal, we’ve decided to build the biggest, baddest, most kickassest guide to achieving that perfect credit score.
Learn the basics of credit in this easy-to-follow, introductory course that includes:
- What credit is and the different types of credit available
- How credit reports and credit scores work and the factors that go into building them
- Common options for building credit
And more!
Click through the slideshare to start your credit-education now.
Louisiana Small Business Loans – Get Approved For Small Business Financing dhamza
Are you looking for a loan for your commercial vehicle? If yes, then you should consider applying for commercial vehicle financing. The process of obtaining business loans for vehicles is quite simple. However, there are certain factors that you need to keep in mind while applying for a commercial vehicle loan.
If you are planning to buy a new commercial vehicle, then you should apply for commercial vehicle financing before buying the vehicle. It is because the finance company will give you a better rate of interest if you apply for a commercial vehicle loan before purchasing the vehicle.
Credit Repair Education for Libraries 6.15.19Victor Johnson
Victor Vonico Johnson, as General Partner for Credit Restoration Mentors, conducts a talk at a Carrollton Texas Library to educate the community about the benefits of good credit, and how to achieve it.
More than half of all small business used some kind of business credit last year as working capital. Find out how you can manage exposure. Get solutions for your cash flow needs from Christine Janklow, president, SettleSource, Inc. and David Gass. president, Earn.com. Learn more at http://bit.ly/aHxjc0 .
Digital Dealer Magazine - March 2010 and be sure to visit and join the #1 Automotive Digital Marketing online exchange for the best strategies, tactics and resources at http://www.AutomotiveDigitalMarketing.com/
Digital Dealer Magazine - June 2009 and be sure to visit and join the #1 Automotive Digital Marketing online exchange for the best strategies, tactics and resources at http://www.AutomotiveDigitalMarketing.com/
HyperSuggest is a keyword tool that delivers thousands of keywords and ideas from 9 different networks like Google, Amazon, eBay, Instagram, etc. in seconds.
A guide to helping you understand your credit score.
Table of Contents:
Understanding your credit score 1
How much does a low score cost you 2
How are credit scores calculated 3
Cracking the code 7
Improving your credit score 9
Mark Lesinski Hamburg NY - A credit score in the United States is a number representing the creditworthiness of a person, the likelihood that person will pay his or her debts. Credit scores are designed to measure the risk of default by taking into account various factors in a person's financial history. Today, because of the credit crisis having a high credit score is more crucial than it has ever been.
Understanding credit reports and your credit score is Part 5 of the 6-part Money Matters series created by the Athens-Clarke County Library. Money Matters is part of Smart investing @ your library®, and is brought to you by a joint grant from the American Library Association and FINRA, the Financial Regulatory Authority Foundation.
United Credit Education Services reveals the 10 myths about credit and the credit reporting agencies. Credit Restoration is legal thats why we have the Credit Repair Organization Act.
Small business loans you can qualify for with bad credit scoreMerchant Advisors
Business loans can be challenging to secure if you have bad credit. Here are a few financing options to get small business loans with bad credit. For more information, visit at https://www.onlinecheck.com/blog/business-loans/business-loans-for-bad-credit/
Wanda Strickfaden's unlocking the secrets of credit scoring presentationWanda Strickfaden
Wanda Strickfaden's powerful authoritative education on the secrets of the credit scoring system. Most agree that Wanda Strickfaden is an expert certified consultant to the luxury community. Those who she has helped have secured millions of dollars in funding.
Find out what a credit score is, what it means, and why your credit score matters. You'll also learn how a credit score is calculated, and ways you can keep track of your credit score. Oh, and it's Credit Squirrel who will be teaching you all this.
Understanding your credit score and what factors impact that score are crucial tools for building a healthy credit rating.
Your credit score determines how much you will pay in interest rates to borrow money or even whether you will even get financing in the first place. Credit reports are also used to decide whether to provide you with insurance, housing, and utilities. Even many employment decisions are based on your creditworthiness.
A higher credit score makes you a lower risk to lenders, which, in turn, means you are more likely to get credit or insurance—or pay less for it. It also means you are more likely to get that dream job you worked so hard to achieve.
Keep reading and learn to understand, manage, and improve your credit rating.
Google Display Marketing Jargon BusterRalph Paglia
Google Display Marketing Jargon Buster provides definitions and explanations of various buzzwords thrown about so effortlessly by sales reps, trainers and presenters.
Things to remember while upgrading the brakes of your carjennifermiller8137
Upgrading the brakes of your car? Keep these things in mind before doing so. Additionally, start using an OBD 2 GPS tracker so that you never miss a vehicle maintenance appointment. On top of this, a car GPS tracker will also let you master good driving habits that will let you increase the operational life of your car’s brakes.
Why Is Your BMW X3 Hood Not Responding To Release CommandsDart Auto
Experiencing difficulty opening your BMW X3's hood? This guide explores potential issues like mechanical obstruction, hood release mechanism failure, electrical problems, and emergency release malfunctions. Troubleshooting tips include basic checks, clearing obstructions, applying pressure, and using the emergency release.
Symptoms like intermittent starting and key recognition errors signal potential problems with your Mercedes’ EIS. Use diagnostic steps like error code checks and spare key tests. Professional diagnosis and solutions like EIS replacement ensure safe driving. Consult a qualified technician for accurate diagnosis and repair.
5 Warning Signs Your BMW's Intelligent Battery Sensor Needs AttentionBertini's German Motors
IBS monitors and manages your BMW’s battery performance. If it malfunctions, you will have to deal with an array of electrical issues in your vehicle. Recognize warning signs like dimming headlights, frequent battery replacements, and electrical malfunctions to address potential IBS issues promptly.
What Exactly Is The Common Rail Direct Injection System & How Does It WorkMotor Cars International
Learn about Common Rail Direct Injection (CRDi) - the revolutionary technology that has made diesel engines more efficient. Explore its workings, advantages like enhanced fuel efficiency and increased power output, along with drawbacks such as complexity and higher initial cost. Compare CRDi with traditional diesel engines and discover why it's the preferred choice for modern engines.
What Does the Active Steering Malfunction Warning Mean for Your BMWTanner Motors
Discover the reasons why your BMW’s Active Steering malfunction warning might come on. From electrical glitches to mechanical failures and software anomalies, addressing these promptly with professional inspection and maintenance ensures continued safety and performance on the road, maintaining the integrity of your driving experience.
In this presentation, we have discussed a very important feature of BMW X5 cars… the Comfort Access. Things that can significantly limit its functionality. And things that you can try to restore the functionality of such a convenient feature of your vehicle.
What Does the PARKTRONIC Inoperative, See Owner's Manual Message Mean for You...Autohaus Service and Sales
Learn what "PARKTRONIC Inoperative, See Owner's Manual" means for your Mercedes-Benz. This message indicates a malfunction in the parking assistance system, potentially due to sensor issues or electrical faults. Prompt attention is crucial to ensure safety and functionality. Follow steps outlined for diagnosis and repair in the owner's manual.
Comprehensive program for Agricultural Finance, the Automotive Sector, and Empowerment . We will define the full scope and provide a detailed two-week plan for identifying strategic partners in each area within Limpopo, including target areas.:
1. Agricultural : Supporting Primary and Secondary Agriculture
• Scope: Provide support solutions to enhance agricultural productivity and sustainability.
• Target Areas: Polokwane, Tzaneen, Thohoyandou, Makhado, and Giyani.
2. Automotive Sector: Partnerships with Mechanics and Panel Beater Shops
• Scope: Develop collaborations with automotive service providers to improve service quality and business operations.
• Target Areas: Polokwane, Lephalale, Mokopane, Phalaborwa, and Bela-Bela.
3. Empowerment : Focusing on Women Empowerment
• Scope: Provide business support support and training to women-owned businesses, promoting economic inclusion.
• Target Areas: Polokwane, Thohoyandou, Musina, Burgersfort, and Louis Trichardt.
We will also prioritize Industrial Economic Zone areas and their priorities.
Sign up on https://profilesmes.online/welcome/
To be eligible:
1. You must have a registered business and operate in Limpopo
2. Generate revenue
3. Sectors : Agriculture ( primary and secondary) and Automative
Women and Youth are encouraged to apply even if you don't fall in those sectors.
𝘼𝙣𝙩𝙞𝙦𝙪𝙚 𝙋𝙡𝙖𝙨𝙩𝙞𝙘 𝙏𝙧𝙖𝙙𝙚𝙧𝙨 𝙞𝙨 𝙫𝙚𝙧𝙮 𝙛𝙖𝙢𝙤𝙪𝙨 𝙛𝙤𝙧 𝙢𝙖𝙣𝙪𝙛𝙖𝙘𝙩𝙪𝙧𝙞𝙣𝙜 𝙩𝙝𝙚𝙞𝙧 𝙥𝙧𝙤𝙙𝙪𝙘𝙩𝙨. 𝙒𝙚 𝙝𝙖𝙫𝙚 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙥𝙡𝙖𝙨𝙩𝙞𝙘 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙪𝙨𝙚𝙙 𝙞𝙣 𝙖𝙪𝙩𝙤𝙢𝙤𝙩𝙞𝙫𝙚 𝙖𝙣𝙙 𝙖𝙪𝙩𝙤 𝙥𝙖𝙧𝙩𝙨 𝙖𝙣𝙙 𝙖𝙡𝙡 𝙩𝙝𝙚 𝙛𝙖𝙢𝙤𝙪𝙨 𝙘𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙗𝙪𝙮 𝙩𝙝𝙚 𝙜𝙧𝙖𝙣𝙪𝙡𝙚𝙨 𝙛𝙧𝙤𝙢 𝙪𝙨.
Over the 10 years, we have gained a strong foothold in the market due to our range's high quality, competitive prices, and time-lined delivery schedules.
"Trans Failsafe Prog" on your BMW X5 indicates potential transmission issues requiring immediate action. This safety feature activates in response to abnormalities like low fluid levels, leaks, faulty sensors, electrical or mechanical failures, and overheating.
Core technology of Hyundai Motor Group's EV platform 'E-GMP'Hyundai Motor Group
What’s the force behind Hyundai Motor Group's EV performance and quality?
Maximized driving performance and quick charging time through high-density battery pack and fast charging technology and applicable to various vehicle types!
Discover more about Hyundai Motor Group’s EV platform ‘E-GMP’!
4. “ That’s GREAT that you want to collect money from me on that credit card account with the 24% APR interest charges… Do you have something to write with? Write this down: Bankruptcy #97-11852WWB, and don’t ever call me again!” Slide
13. If you needed to get through a maze, and the quality of your life depended upon it… Would you follow the guy that already learned how to find his way through it? Slide
14. Rebuilding Your Credit Rating 1. Acquisition Of Debt 2. Repaid As Scheduled 3. Good Credit Rating & FICO Score
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18. Pay down 90 - 100% of revolving balances If the starting FICO score was: 670 Then, based on this action the simulated FICO score could be in the following range: Provided by myFICO® If the starting FICO score was: 640 Then, based on this action your FICO score could be in the following range: Pay down 90 - 100% of revolving balances 700-740 How revolving accounts (credit cards, department store credit cards, revolving lines of credit) are managed is heavily weighted in the FICO score. FICO scores evaluate revolving accounts in a variety of ways, including comparing balances to available credit, as well as looking at the number of accounts with a balance. A general rule to remember: consistently carrying lower balances on revolving trade lines will generate positive points for a FICO score. This simulation was based on paying down 90 - 100% of revolving balances.
19. Pay down 90 - 100% of revolving balances If the starting FICO score was: 670 Then, based on this action the simulated FICO score could be in the following range: Provided by myFICO® If the starting FICO score was: 640 Then, based on this action your FICO score could be in the following range: Pay Bills On Time for the next 6 months 660-700 Paying bills on time is a substantial factor that can affect a FICO score. Generally speaking, a score will remain stable as bills are paid on time. If there is some history of late payments, how recently they occurred is important. The more recently they happened, the more impact they can likely have on a score. As they age, their impact on a score can gradually lessen. This simulation was based on making payments on all bills for the next 6 months.
20. Pay down 90 - 100% of revolving balances If the starting FICO score was: 670 Then, based on this action the simulated FICO score could be in the following range: Provided by myFICO® If the starting FICO score was: 640 Then, based on this action your FICO score could be in the following range: Pay Down Balances 680-720 Having revolving accounts (credit cards, department store credit cards, revolving lines of credit) with balances is heavily weighted in the FICO score. FICO scores evaluate revolving accounts in a variety of ways, including comparing balances to available credit, as well as looking at the number of accounts with a balance. A general rule to remember: having outstanding revolving credit balances hurts your FICO score, paying them off raises your FICO score. This simulation was based on paying down $1500 of overall balance.
21. Pay down 90 - 100% of revolving balances If the starting FICO score was: 670 Then, based on this action the simulated FICO score could be in the following range: Provided by myFICO® If the starting FICO score was: 640 Then, based on this action your FICO score could be in the following range: Pay an Installment Loan as Agreed 685-725 Making timely payments on installment accounts such as auto, marine and RV loans is heavily weighted in the FICO score. FICO scores evaluate installment accounts in a variety of ways, including comparing beginning balances to current payoffs, as well as looking at the number of payments made on time. A general rule to remember: having outstanding installment loans with a history of current payments raises your FICO score. This simulation was based on 12 monthly payments on a $15,000 loan.
22. Are you making payments on the same car that you had when you filed for Bankruptcy? Slide “ Money Down the Drain”
23. How do we acquire the Right Kind of Debt after a Bankruptcy? Good Debt vs. Bad Debt?
27. “ See the Future” through the eyes of those who passed this way before us…
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29. The first step in acquiring “good debt” is to begin preparing your stipulation portfolio Your record of steady income and your personal investment into acquiring the collateral is the first place to start Proof of Income Including current pay stubs, bank statements, 1040’s, Schedule C’s Down Payment or Trade-In > enough to cover Tax, License & Fees
30. 3 Years Work History including addresses and phone numbers Proof of Income Including current pay stubs, bank statements 1040’s, schedule C Down Payment or Trade-In Your work history and proof of income are the most important part of verifying your ability to repay your loan 2
31. 3 Years Work History including addresses and phone numbers Proof of Income Including current pay stubs, bank statements 1040’s, schedule C Down Payment or Trade-In 4 – 8 Full Personal References including addresses and phone numbers Never underestimate your credibility gain from multiple and detailed references 3
32. 3 Years Work History including addresses and phone numbers Proof of Income Including current pay stubs, bank statements, 1040’s, Schedule C Down Payment or Trade-In 4 - 8 Full References including addresses and phone numbers Residency: Utility bills, voter registration, Phone bills, Cable TV bills Paying your domestic bills on time can be leveraged as evidence of “Credit History” 4
33. 3 Years Work History including addresses and phone numbers Proof of Income Including current pay stubs, bank statements, 1040’s, Down Payment or Trade-In 4 - 8 Full References including addresses and phone numbers Residency: Utility bills, voter registration, Phone bills, Cable TV bills Proof of Insurance & Drivers License Vehicle Sale and Finance Terms, Budget, Rent, Insurance, car payment, all reported debt in Line with Lender Program 5
50. Credit Score Analysis About your Credit Score: Your Credit Score is formulated using the information in your credit file. Your score helps potential lenders, landlords, and employers quickly gauge your credit history and decide what kind of a risk they are taking if they approve your application. Your Credit Score can range between 330 and 830, with a higher score indicating a lower risk. There are many scoring models used in the marketplace. The type of score used, and its associated risk levels, may vary from lender to lender. But regardless of what scoring model is used, they all have one purpose: to summarize your creditworthiness. Keep in mind that your score is just one factor used in the application process. Other factors, such as your annual salary and length of employment, may also be considered by lenders when you apply for a loan. What your Credit Score means: Your credit factors indicate that you will likely be seen as having average credit. Lenders may want to review potential trouble areas in your credit history and may require additional documentation before approving a loan. Offers, such as auto loans, may have higher interest rates and may require a higher initial down payment. You can increase your chances of receiving more favorable credit card and loan offers by building a history of good credit behavior. Provided by myFICO® Handout
51. What this means to you: Credit scoring helps companies better understand how to serve you. And the overall benefits of credit scoring are passed on to the consumer, such as faster credit approval, reduction in human error and bias, consistency, and better terms and rates for you through reduced costs and losses for lenders. While lenders may use different scoring models to determine how you score, and each major credit bureau has its own method for calculating credit scores, the scoring models have been fairly well standardized so that a score at one bureau is roughly equivalent to the same score at another. Below are common factors that are both positively and negatively affecting your Credit Score. Provided by myFICO® Handout
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53. What factors lower your Credit Score: Your payment history shows one or more payments that were late by 30 days or more. Late payments count negatively against your credit score. If you want to improve your score, one of the best ways is to pay all your bills on time, every time. Although negative information can stay on your credit report for up to seven years (up to 10 years for bankruptcies and 15 years for unpaid tax liens), if you pay overdue bills and make payments on time, your good efforts to improve your credit habits may be recognized by lenders. (N-A) Provided by myFICO® Handout
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55. Why should I review my credit files from all three credit reporting agencies? Each credit bureau records information it receives from your creditors. You can’t control which credit reporting agency (Equifax®, Experian® or TransUnionSM) your lender uses, so prepare yourself by checking your credit files and credit scores from the three credit reporting agencies for accuracy. What is a credit score? A credit score is based on variables in your credit file that help determine your creditworthiness. The credit scoring number is based on various factors, including the number of trade lines you have open, the number of late payments, delinquencies, etc. Lenders look at your credit file and other factors to determine your creditworthiness. Provided by My Complete Credit .com® Handout
56. Why is my credit score so important? Lenders carefully consider your credit score because it provides them with an objective measure of your creditworthiness. Your credit score can be impacted by many factors such as late payments, delinquencies or high amounts of debt. Lenders may deny your loan or charge you a high interest rate if you have a low credit score. If you have a good credit history, you may have more options available to you resulting in lower interest rates and potentially big savings. Lower loan rates can mean thousands of dollars in your pocket over the years. If you purchase a home for $250,000 at 8.3% interest you will pay $679,306 over the course of a 30-year mortgage. At 6.5 % interest, however, you will pay only $568,861 — a savings of $110,445. Handout Provided by My Complete Credit .com®
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59. 6 Steps to Better Credit (continued) 4. Shred your documents. Be sure to destroy any piece of paper with Social Security Number or credit card numbers. Thieves often go through garbage retrieving people’s identification so they can use this information to commit credit fraud. 5. Don’t give information away. Never include your Social Security number on checks or driver’s license. Be extremely cautious how you use your Social Security number; it is your key personal identification number that is a gateway to your personal identity. If required to provide this information, always ask if there is another option. Provided by myFICO® Handout
60. 6 Steps to Better Credit (continued) 6. Check your online credit report and credit score on a regular basis. The only way to protect your name and credit is to be proactive. With the rise of identity theft cases, it is important to review your credit files, and to report any inaccuracies to the major credit reporting agencies. When consumers access their own credit reports, it does not count as a lender inquiry. Provided by myFICO® Handout