Monday, July 15, 2013

Money Management

Today, most things that affect the lifestyle of the credit card is one of them. yet in people's minds it took many questions like why they are afraid to use it.. let's do away here, somewhat similar to bhrantiyon.

1. confusion: using much of the good score card.

The truth: to make credit scores lending must return it with. it has been shopping the lone paid or credit card bill as well. so good credit history credit cards drawn from the right use. While taking the loan after you pay the loan at a lower interest rate than the Bank can ask.

2. illusion: constant need to check credit scores.

Reality check: credit score must be continually recorded. If you do not take the time to give your application the Bank loan dismissed. at times it happens that people forget to excise and their effect on credit score does. If you do within the next two to three years are planning to take the loan annually based on your credit score check periodicallyNeed to increase your it on so that the full scope of padne.

3. confusion: credit score as soon as the loan another restore.

The truth: the lone has been a person on default, it will be better then his score by proceeding immediately, but it will not change the fact that he is also considering another negligence. credit card payment on time as well as regular and most accurate way.

4. confusion: credit cards instead of debit card use is safer.

The truth: credit score debit cards would not be helpful in deciding when a debit card to swap money from your bank account is immediately removed. If ever debit card has been accidentally swap the money takes a week to get refunds. in the case of credit cards, on the other hand, you can notify your bank immediately. This will be the same time cancel transactions and the amount of accounts Will not cut.