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.
Chances Are, You’ve Had to Deal with One of These 5 Consumer Issues posted on Aug 14
Last month, the Consumer Federation of America published a list of their top ten consumer complaints. In it, they named many of the issues that the Office of Consumer Affairs and Business Regulations keeps consumers informed about, ranging from auto complaints to fraud and scams. …Continue Reading Chances Are, You’ve Had to Deal with One of These 5 Consumer Issues
The Office of Consumer Affairs and Business Regulation Offers Disaster Relief Tips for Residents of Revere posted on Aug 5
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Over the past week, the Consumer Hotline has received two complaints about a scam on Craigslist where buyers are scamming sellers out of money and their personal information. Callers reported being scammed when trying to sell an item on Craigslist. Online buyers would offer to …Continue Reading Craigslist Scam Alert: How You Could You Be Paying Someone to Steal Your Personal Info