Bad credit can make it difficult to do business with certain types of companies. Poor credit impacts your ability to move forward with your life. However, there is hope -- you can repair your credit with a few steps and re-open those doors to access lower borrowing rates and other benefits once more. Use the following advice to help you improve your credit rating.
Insurance: The Absolute BasicsInsurance has often been considered by many as a necessary evil. But for the majority of people, insurance offers real security, peace of mind and forms a fundamental platform for a more certain financial future. Understanding the basics of insurance and how it works will be enlightening for many.
DIY Review Checklist for your Income Protection InsuranceIf you have an income protection insurance plan already - or are thinking about buying one, then you need to be aware that these policies require regular maintenance and careful scrutiny to ensure that they adequately meet your needs. Unfortunately, many people purchase income protection insurance policies only to find out about their shortcomings at claim time.
Budget Q & A - Answers to Your Questions About Making a BudgetMaking a budget and sticking to it is one of the most important financial decisions you can make. It's not that hard, and the benefits are tremendous. If you have not yet begun, now is the time to get started. Here are some of your common budgeting questions answered.
Do You Work For Your Money? Or Does Your Money Work For You?A few simple ideas, when understood fully, lead people down the road to financial independence and wealth. You need to understand the difference between and asset and a liability. You need to understand the difference between earned income and passive income. You need to understand the three basic cash flow patterns. Finally, you need to understand how your focus in life ties it all together.
5 Credit KillersA good credit score speaks volumes about your financial habits. It's the evidence most creditors need to evaluate your credit worthiness.
When should I use a personal loan?Unsecured personal loans can really help in a pinch. If your savings are low and your car breaks down, for example, such a loan can patch up your life. Or maybe you're buying a big-ticket item and you need backup money to cover a short-term hole in your bank account.
Risk Management - 8 steps To Avoid LitigationAccidents, mistakes and misunderstandings can happen in any business. Some are settled amicably, others grow into full-blown disputes, and before you know it you could be facing a legal claim.
When Conventional Advice on Money Won’t DoThe fact is, conventional advice on money won't do. That's because conventional advice on money is oriented toward problems created by an unbalanced distribution of wealth in society and has little to do with the real situation facing middle-class families today. The typical financial columnist or talking head isn't examining how people with regular jobs can make it.
Managing Credit Card DebtIf your credit card debt is starting to get out of control - or you simply want to know how to avoid potential credit card pitfalls, you are not alone. Managing credit cards is a problem faced by many who are now drowning in an ocean of debt. Here are some simple strategies that may be of help.
How to freeze the Plastic Debt Dragon in Your WalletAre you scared to open your wallet knowing there is a fire snorting dragon lurking in there? You don't need to be afraid of your credit card, you can make it your friend. Here is a plan to choke the dragon and replace it with a friendly furry critter so you can start creating wealth in your life.
Good Debt Versus Bad DebtSome people see debt as a curse. Others see it as a friend. Debt can make you miserable, or it can be used to make you wealthy beyond your wildest dreams. The trouble is, how do we know what is good and what is bad?
18 Hot Tips For Intending BorrowersIf you're thinking of borrowing money to buy a car, boat, debt consolidation, home repairs, medical bills or anything else for that matter, here are some red hot tips to make the process much, much easier.
What Is a Debt Consolidation Loan?A debt consolidation loan combines several debts into a single loan that you will repay over a set period of time. You can consolidate personal loans, credit cards, medical bills, and other debts into a single loan. Debt consolidation loans can be a good option if you are having trouble keeping up with monthly payments.
3 Simple Principles Of Financial Decision MakingDo decisions about where to spend or invest your money make you paralyzed? Take fear and stress out of the decision-making process by increasing your knowledge in three key areas.
Utilising A Chattel Mortgage for Business FinanceA Chattel Mortgage loan is a simple yet effective finance option designed for business plant and equipment purchases. Here are six rules to consider when arranging finance for your business that will ensure that you retain full control over the loan process and save money in the process.
Handling Financial Situations As a Married, Unmarried Or Divorced WomanWhether you are in a committed relationship or are a happy single person, you should make it a top priority to understand your finances. This article will highlight some of the key points that you need to understand to take control of your finances and your financial goals.
12 Reasons Why People Don't Get Wealthy Anthony Robbins is one of the top success coaches in the world, having coached star sports players, heads of states and Fortune 500 executives. In his Get The Edge program, he listed 12 specific reasons he has come to observe to be the leading causes for most people's lack of wealth.
10 Tips - How to reduce your mortgageAnyone who has ever had to pay off a mortgage will tell you they would love to pay it off before the term, but most people will continue to chip away at their loan on autopilot. A proactive strategy can cut your loan term from 30 years to less than half in some cases. Here are 10 ways to own your home sooner.
Life Insurance: How much is enough? When considering life insurance, you're planning and preparing for an event that most of us would rather not think about. But life insurance represents a critical step in managing your personal finances and ensuring your family's well-being.
Insurance Claims - The Acid Test for Insurance PoliciesHow well a company handles their processes and the customer experience at claim time is what truly determines the real worth of the insurance policies that are being sold.
Financial OppressionHere is why so many people are in despair and suffering emotional problems related to debt. A candid explanation of how interest affects your daily life.
Loss of income insurance: Case Study Rebecca is a single, self-employed graphic designer who works from home. Aged in her mid-30s, she has monthly commitments of a mortgage and car payments and the usual living expenses.
Choosing a Home Loan Mortgage BrokerThere are a number of potential pitfalls in relying on a mortgage broker for the best home loan solution ... particularly given the enormous growth in the broking industry and the recent entrance of new players.
Default and ReposessionMost people would assume that a default under a loan contract means that payments haven't been made but, as you are about to learn, there are other reasons why a lender may have the right to repossession.