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Next Credit Topic : Why Credit Cards are a Bad Idea - Credit cards are just so convenient, aren't they? There's no need to carry any money with you ever again: you can just take one with you to the shop and pay the exact amount just by handing it over. If you haven't been paid yet, then you don't need to worry, because the money will still be there.When you shop on the Internet or over the phon...[ read more]
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Five Reasons to Repair Your Credit Score - You Can Do It Yourself
There are multiple reasons that tell us why we should have a 700+ Credit Score, but these five facts will definitely give you the big picture and hopefully will drive you to want to fix your credit score starting today. Fact #1: Did you know that consumers with Credit Scores of 700+ are likely to get interest rates up to four points lower than those with scores under 640. Fact #2: People with Credit Score below 620 won't get approved for a home mortgage 97% of the time. Therefore if this is your case, you'll have to keep renting forever! Fact #3: The interest rates for Jumbo Loans in today's market are as low as 5% in interest only loans, for 10 years. Only for consumers with FICO score of 720+. Do the math. Fact #4: Were you aware that you can finance a brand new car for up to 60 months at 0% APR, if your credit score is 700+. Fact #5: Did you know that there are multiple credit cards companies offering 0% APR not only for balance transfers, but for purchases for up to 18 months... of course when you have a 700+ credit score. Imagine the possibilities! Copyright © 2005 Excellentcreditnow.com - All Rights Reserved Carmen Shearer is the President and CEO of S&S Financial Solutions. She has worked in the finance arena for over 10 years and holds two engineering degrees and an MBA from a branch of Harvard Business School. S&S Financial Solutions offers you credit repair tools and information with a lifetime guarantee. For more credit related information go to: http://www.excellentcreditnow.com
Related Products For Download: Read Next : Why Credit Cards are a Bad IdeaCredit cards are just so convenient, aren't they? There's no need to carry any money with you ever again: you can just take one with you to the shop and pay the exact amount just by handing it over. If you haven't been paid yet, then you don't need to worry, because the money will still be there.When you shop on the Internet or over the phon...
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