Category Archive: Credit and Debt

May 16

Juggling Time for Find an Angel Investor

Enlist Support: Are you physically and mentally prepared for this intense level of activity? Enlist the support of your business team and family to help you through this challenge of finding an angel investor for your small business. You can't do it all alone, accept it, and use the resources around you. Be Realistic: Don't …

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May 06

Fundamental Truths: Dealing with Capital Losses

Falling stock prices are sometimes a hard pill to swallow but long-term investors shouldn't be concerned Many investors have a hard time dealing with falling stock prices but for the wrong reasons. No matter how often you preach the virtues of the buy-and-hold method, the true test of courage comes when you watch your holdings nose …

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Apr 25

How to Get Credit For the First Time

Credit beginners usually have but one question, “How do I get credit”? All the details about getting credit will follow, but the simple answer is, “Apply for it.” Where to Apply For Credit The best way for a beginner to get credit is to apply for a credit card meant for a beginner. If you …

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Apr 20

How Your Credit Score is Calculated

Understanding Your FICO Score and How it Affects Home Buying Home buyers who are seeking a mortgage find out early-on that their credit score plays an important part in the home buying process and in determining the interest rate that a lender offers. What is a credit score? A credit score is a number that …

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Apr 05

Side Effects of Bad Credit

As you're maxing out your credit cards and ignoring your bills, you might not realize the effect it's going to have on your credit. Credit card payments and level of debt have the most impact on your credit score. Mess up in these areas and your credit score will plummet. "What's the big deal with …

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Mar 27

Buying vs Renting a Home

Words you will hear few real estate agents mutter: Not everybody should own a home! Some people aren't cut out for home ownership, for a variety of reasons. Are you one of those who should rent and not buy? Here are some ways to tell. Bad Credit Report Does your credit report tank? If your FICO score …

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