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.
The Form W-2 Scam: When it’s OK to Say No to your Boss posted on Feb 23
Tax season is here. Unfortunately, this also means tax season scams are here and we’ve got the proof. Our office has received several data security breach notifications since the start of 2017 from companies that have fallen victim to the Form W-2 scam. How does this …Continue Reading The Form W-2 Scam: When it’s OK to Say No to your Boss
Understanding Your Financial Institution’s Data Breaches posted on Feb 21
The Commonwealth’s Data Breach Notification Law, Mass. General Law, Chapter 93H, requires businesses and other entities that own or license personal information of Massachusetts residents to notify the Office of Consumer Affairs and Business Regulation and the Office of the Attorney General when they …Continue Reading Understanding Your Financial Institution’s Data Breaches
Service Contracts vs. Extended Warranties posted on Feb 15
When buying a car from a Massachusetts dealer, consumers might hear about automotive service contracts and extended warranties. Both offer protections against certain problems that may arise, but there are differences between them. An extended warranty is considered part of the purchase price of …Continue Reading Service Contracts vs. Extended Warranties