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.
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.
Child Identity Theft posted on Jan 17
When most people think of identity theft fraudulent credit card purchases and stolen drivers licenses typically come to mind. Child identity theft, though, is quickly growing and can be dangerous and damaging long-term. According to a 2011 report from Carnegie Mellon, 10 percent of …Continue Reading Child Identity Theft
Coming to a Channel Near You: NBC Boston posted on Jan 10
Do you like to watch The Tonight Show Starring Jimmy Fallon or Sunday Night Football? NBC’s contract with WHDH-TV (also known as Channel 7) expired at the end of 2016. For many viewers this change had no impact on their television watching. But for viewers …Continue Reading Coming to a Channel Near You: NBC Boston
Signed, Sealed, Delivered and Stolen: How your mail could cost you your identity. posted on Jan 9
On average, the United States Postal Service processes and delivers 509 million mail pieces each day. That means, on any given day, an identity thief has several opportunities to steal your identity using one of the most low-tech means around: your mail. Identity theft occurs …Continue Reading Signed, Sealed, Delivered and Stolen: How your mail could cost you your identity.