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.
How skimmers are getting away with theft at the gas pump posted on Jan 29
Skimming is the latest trend to reach into consumer’s pockets around the United States. Here’s some information that anyone using a credit or debit card at ATMs and gas pumps need to know. What is Skimming: Skimming refers to the theft of credit and …Continue Reading How skimmers are getting away with theft at the gas pump
Home Heating Oil Delivery: Are you getting what you pay for? posted on Jan 20
How are the roads this morning? Is the T running on time? Will school be cancelled again today? Winter comes with enough worries. So wondering if you’re getting a fair deal on your home heating oil shouldn’t be one of them. That’s where the …Continue Reading Home Heating Oil Delivery: Are you getting what you pay for?
The ATM safety tips you should know to avoid card data theft posted on Jan 15
ATMs are a regular part of most of our lives. In 2012, U.S. consumers made 5.8 billion ATM withdrawals, totaling a combined $687 billion, according to the Federal Reserve’s most recent Payments Study. With that in mind, the Massachusetts Division of Banks (DOB) offers advice …Continue Reading The ATM safety tips you should know to avoid card data theft