Post Content

Whether it’s a car loan or a home mortgage, having better credit makes it easier – and less costly – to borrow money from lenders.

There are a number of ways to improve your credit report. Here are a few of the steps you can take to not just have better credit, but also better manage your finances:

  • Track your expenses for one month to see where your money is going, and create flexible budget.

  • Review your credit reports. Make sure negative items are removed if they are inaccurate or incomplete. You can get a free credit report from three credit reporting agencies.

  • Stop using credit cards. Keep low balances on credit cards.

  • Join a credit union, which typically is more likely to give you a loan than a regular bank.

  • Avoid bankruptcy, which should be seen as a last resort.

For more information on building your credit, read this Consumer Advisory.

Written By:

Recent Posts

Holiday Shopping Tips: Avoiding Package Theft posted on Dec 7

Holiday Shopping Tips: Avoiding Package Theft

  The United States Postal Service estimates it will deliver around 750 million packages this holiday season. Package thefts rise during the holiday season, and some thieves will even follow delivery trucks to scoop up packages as soon as they are delivered. To make sure   …Continue Reading Holiday Shopping Tips: Avoiding Package Theft

Holiday Shopping Tips: Express Vs. Implied Warranties posted on Dec 5

Holiday Shopping Tips: Express Vs. Implied Warranties

  When buying a gift for a friend or family member, you worry about how much to spend or whether the recipient will like it. But what consumers don’t have to worry about is the product’s warranty. A warranty is a two-part pledge. First, it   …Continue Reading Holiday Shopping Tips: Express Vs. Implied Warranties

Turning up the heat on utility scams posted on Nov 30

Turning up the heat on utility scams

  As the weather gets colder scams targeting utility customers may increase as consumers balance the costs of heating their homes with the need for warmth. Some scammers pretend to represent a major energy provider and claim that they will cut your electrical power, assess   …Continue Reading Turning up the heat on utility scams