February 28th, 2014
While there is some controversy surrounding payday loans, the truth of the matter is that for those who require immediate funding, payday loans may be the best option that they [...]
February 26th, 2014
Cash loans in Las Vegas, NV are generally used by small and medium-sized businesses that have urgent financing needs. As you might know, each business entity needs to produce goods [...]
February 25th, 2014
Besides being an interesting hobby, coin collecting can also be lucrative. Coin collectors often sell their coins, as well as buy them from coin shops. When just getting started in [...]
Credit Scores and Life
So you may have heard those commercials on TV about getting a copy of your credit score for free. But what is a credit score, and why does it matter? Credit scores are like the adult version of grades. Your credit score reflects how good you are at managing your finances, specifically when it comes to credit cards. Pay off your debt on time, and your credit score goes up.
It can take years to build up a good credit score, but it only takes a few months to ruin your credit score. So be careful!
If your credit score is bad, it could take up to 7 years to get it back up to normal. Only spend 10% of your credit limit and repay religiously.
A higher credit score means lenders are more likely to lend you money for things. This is important if you want to get a loan for a house or car.