Tips For Credit Repair

Credit scores are the primary way banks judge your credit worthiness.  Credit scores range from 300 to 850 — the higher number, the better.  If you have a score below 550 you are going to have challenges getting loans for a car or even a mortgage. You are legally entitled to look at your credit score for free — you do not need to purchase anything.  These are some of our best tips to help learn your credit score and learn how to raise it.

Tip #1 – Learn the Basics of Credit Scoring

There are 5 key factors that determine your credit score. Learn how to use these factors to your advantage:

  1. Payment History – The most important thing you can do is make sure all your credit cards are paid on time. Late payments are the biggest shot to your credit worthiness.
  2. Amount of Credit In use – You want to keep the amount of credit you are using below 20% of what’s available to you.  If your combined credit available is $10,000, you want to make sure you’re not maintaining a balance more than $2,000.
  3. Age of Your Accounts – Keep your accounts for as long as possible. Ideally, you would want to have at least one or two credit cards open for years. This shows you are able to maintain your “impulse buying” and only use the credit cards when necessary.
  4. Mix of Credit Types – This is difficult for a young person getting started but it refers to a mix of credit cards, personal loans, car loans, mortgages, etc. You don’t want to be heavy on one type or another.
  5. Amount Of New Credit You Have – Just because you get an offer for a new credit card doesn’t mean you should take it.  Keep the amount of new credit you have to a minimum and only grow your available credit when necessary.

Tip #2 – Access Your Credit Report Annually

Your credit reports determine your credit score. It only makes sense that you see what’s on them. According to federal law, you are legally entitled to look at your credit reports once a year. You can see all of your credit reports from the 3 major credit bureaus at once by going to Looking at your report will allow you to see the factors that are directly affecting your credit score.

Tips #3 – Pay Your Bills on Time

This point cannot be stressed enough so we will mention it again. Nothing will affect your score more negatively than late payments.  Although the effect will diminish over time, you want to avoid this at all costs. Approximately 35% of your credit score is directly affected by your payment history.

Tip #4 – Pay Down Your Credit Card Debts

The next biggest contributor (30%) to your credit score is the amount of debt you let ride, month to month, on your credit cards.  If you continually let your credit cards stay maxed out, it will have as much of an effect on your credit score as late payments.  Even if you pay off your balances each month, the amount of credit you’ve used at the time of your monthly statement is the amount of debt used to calculate your credit score. Keep your balances low at all times during the credit card cycle.

To help keep you on track, we recommend a piece of software called You Need A Budget.  This piece of software will help you learn to spend within your means as well as control your credit card spending.

Easy Forex Broker Review

Finexo was founded in 2003 and since then it is very popular and award-winning trading platform currency trading market by storm. In 2004 they were white-label and Saxo Bank. They now have these rules and trade provisions of the European Union to apply. These laws, Finexo needs a sufficient number of private equity fund at any time and access to trade, and must find strict rules. This ensures the safety of our customers assets.

According to the website of Finexo’s, the company wants to do business simple and easy for beginners, so they invest in the currency markets with confidence. The path of Finexo Forex Broker Review You’ll see that some of the things that come easily even dug into problems with this trading platform.pluses include a simple registration, and even easier if you have a credit card to go to your account online to start.Non-credit card options for PayPal, Money Brokers, use Neteller, Click and Buy, Liberty Reserve and Giro Pay, and of course the transfer of the banks can also be used. The site will not overwhelm you with unnecessary information or a sales pitch, but experienced traders can be left to miss. Like most good trading platforms, the customer’s telephone and e-mail. 24-hour live chat will be to guide you on the spot.

Forex Trader platform is extremely user friendly and understandable to both beginners and experienced traders. You implement more than one click trading begins. Plus, you do not get the typical market, limit and stop orders, and after stops. Mapping shops are available as standard on the market most surfaces, but in this case does not provide many of the features. However, mobile commerce will without a fee or commission on trade, and it is good to use.

As the largest retail brokerage, a fixed margin of 3 points for 14 points Finexo buying. In other developed chassis can be adjusted futures do not exist, but rarely feels like something left.

Finexo, you can be sure that you have a bit of basic services such as daily market update via e-mail-commerce system, such as trade credits and broad trade ideas. Calendar and economic events and expectations and are released on a daily basis. At the lowest, it does not offer the advanced features of trading platforms such as webinars user forums traders to discuss with like-minded friends, training or forex news. Demo account can be opened via a site that offers some relief from beginners to practice. Another red flag is a long process of withdrawal, they do not want to respond quickly to questions and to justify it protects the user against fraud.

Make sure you read between the lines on the conditions, the expression is not to snipe your business and profits to remove this way. Overall, this Finexo Forex Broker research grants them 3 stars.