Credit Repair Miami Fl - Why is it important to fix your credit?

"Credit" today is the single most important factor and the simplest way for a person to save a tremendous amount of money. Most people don't realize that life will just cost you more today if you don't have a great credit score. Many people will lose or miss out on opportunities to make more money whether it's a new job or a promotion at an existing job just because they have less than perfect credit.

 

The amount of savings that a person can experience on things like insurance premiums alone can make a huge difference between being financially successful or not. We have seen that people with bad credit can pay up to 143% more than a person with good credit. On the contrary if you have a perfect credit you are actually given discount up to 31%.

 

Read the MSN article for in depth details on auto insurance. http://editorial.autos.msn.com/article.aspx?cp-documentid=435604

 

When you couple this with the interest rates on home loans and auto loans it really turns into a tremendous amount of potential savings.

 

Read how having a great credit can potentially save you a million dollars. http://badcredittogreatcredit.com/1million.aspx

 

If you were to take the monthly savings from having a great credit score and set up a retirement fund, pay additional money towards current debt, set up a college fund for your children or just simply add additional money to your monthly budget you would be far better off and start to enjoy a more fulfilling life. Having Great credit and managing your finances well can take you to your financial freedom sooner than later or may be never.

 

I hope you found this information helpful.

Credit Repair Miami Fl - What can I do to help with my credit?

You are one of very very few people who even think about taking this initial step to improving their credit. You are actually looking for help to understand how you can improve your credit, you are now in the top 10% of the population. In today's video tip we are going to talk and share the insides of what you can do to improve your credit.

The credit repair process by itself is a great start to reestablishing your credit but by itself is not the complete solution. Credit repair is only one part of the entire process and in order for you to really improve and maintain their credit they need to incorporate other strategies as well.

Credit scores are influenced by 5 general factors, Payment history, Amount of debt owed, length of credit history, Types of credit used, Inquires or new credit.

While information on your credit report is being removed or corrected as a result of being inaccurate keep the following in mind:

    * Keep making payments the payments on of before time as that is the most important factor that is counted towards your score.

    * Make sure you are not applying for new credit and if you have to then limit the number of applications as you know each application is a negative hit towards your credit score.

    * Do not close any established accounts, and

    * Reduce your overall debt load and you know keeping your ratios to less than 30% is the best way to build your credit score.

Following the above plan, your credit scores will feel the positive impact and adjust positivity.

I hope you found this information helpful.

Credit Repair Miami Fl - Will repairing credit help financially?

I am going to answer this question by asking you the question!

 "How do YOU think repairing Your credit will help you?"

 

Your credit score determines what you pay for products and services you use every day. By increasing your credit score you will reduce the cost of these items. The thing to remember is that not only are major purchases affected by your credit score but even the little things that you do and use each and everyday as well as throughout the year.

 

Some of the little things that can add up and can nickel and dime you to being broke each month are credit card interest rates, security deposits required for things like utility services, not being able to rent a car, auto and home owners insurance premiums and missed opportunities not limited to just employment or simple loans need to support potential opportunities.

 

Repairing your credit will put you on the path to financial freedom. A whole new set of opportunities will open for you.

 

I hope you found this information helpful.

Credit Repair Miami Fl - What new opportunities will I have?

I am going to answer this question in two words ENDLESS OPPORTUNITIES!!! You will become UNSTOPPABLE!!!

 

Once you have a 700 or better credit score a whole new world will open up for you. You will have available to you just about every opportunity you can imagine. You will no longer have to pay a premium for everyday services that you already use. You will keep more money in your pocket and household to buy the important things you need as well as have more money for emergencies.

 

Having a great credit score will change your entire outlook on life...you will have a new found confidence that there is nothing you can't do or will be denied because of bad credit...like will be unstoppable!

 

So the question becomes, what do you want to do? Start a new business, set up a retirement fund, start an education fund for your children, travel?? The options are endless and only limited by your thinking.

 

If you are thinking of starting a new business, contact us and we will show how YOU can become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!!

 

I hope you found this information helpful.

Credit Repair Miami Fl - What to do to keep my improved credit?

 

Maintaining your new credit score is one of the key's to long term financial success. There are several things that you can do to maintain your new credit score as well as enhance and most importantly protect your credit.

 

Paying your bills on time is key and the single most important factor (35% of the score) in maintaining a good credit rating. Set your bills up on auto-pay whenever possible to minimize the chance of making a late payment.

 

Minimize your debt to credit limit. Keep your debt to credit limit under 30% at all times.

 

Do not close accounts that you have had open for a long time. Pay them off if you like but do not close them.

 

The bottom line is you must become interested in and involved with all things related to your credit. The more you get involved the more you will learn about credit and begin to understand how the game is played and increase your success for having a life time of good credit.

 

If you are thinking of starting a new business, contact us and we will show how you become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!

I hope you found this information helpful.

 

Credit Repair Miami Fl - How you can enhance your credit?

To continue to enhance your credit score you will need to understand the effects of the things you do that are credit related and how they impact your credit score.

Mixture of credit is a factor that impacts your credit score. Some simple guidelines as an example are, no more then 5 revolving accounts - like credit cards 1 installment loan - like auto loan 1 mortgage - mortgage loan on YOUR house keep your debt to credit limit under 30%, Example: if your credit limit is $40,000.00 (which it should be by now if not talk to us) make sure you use less than $11,000.00 only and try to pay it off every month. This will continue to build good payment history.

Your credit score is like raising a child, the more good stuff you put in it, the better it will turn out. REMEMBER GIGO Garbage In Garbage Out and for our conversation, Good In Good Out Improving your credit also requires some time.

Your credit score will steadily increase over time, in some cases several years, in others several months depending on your current credit profile and how extensive your credit profile is today.

Patience is Virtue.

If you are thinking of becoming Financially Free or thinking of starting a new business, contact us and we will show YOU how YOU can become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!

I hope you found this information helpful.

Credit Repair Miami Fl - Identity Theft Protection

Think about it this way, you worked very very hard to earn your million dollars. Are you going to protect the million dollars or you are going to let someone steal it away from you.

 Did you know that someone's identity is being stolen every 3 seconds?

Prevention is better than Cure, preventing your account from getting stolen.

Did you know that by just having a Great Credit you can save more than a Million Dollars in your life span. Did you know that Banks will give money to people who have great credit than to people who have no credit and less than perfect credit? In fact Banks will give you money when you actually don't need it and how do they know that because you keep your balances less than 30% and make payments on time and manage your money well. They want to give you the money so you can manage the money for them.

With regards to protecting your credit, let’s start with the basics. Now that you have improved your credit the first thing you need to do is protect it. Identity theft is the fastest growing crime in this country and someone's Identity is stolen every 3 seconds.

The amount of damage that can be done in a very short period of time by Identity theft is staggering. Someone could be using your Identity right now opening up new accounts in your name and you would be responsible for it. You will spend an exorbitant amount of time trying to clear up your name as well as your credit report. All the hard work you did to come so far can vanish in split second. So get identity theft protection immediately. 

 Maintaining great credit as you now know is very very important. Protecting it is even more important now days.

I hope you found this information helpful.

Credit Repair Miami Fl - Teach Your Children about Credit

Now that you have learned the importance of having great credit, protecting your credit, would you want to teach the same principles to your children? 

You have seen the difference in life when you have a great credit VS. bad credit. I was at lunch with a very beautiful person. She has children when she was young. Her ex husband who had zero knowledge, understanding and awareness of Credit is living miserably. While her new boyfriend who understands the importance of Credit own not only a number of businesses but is a person with great heart and love and care. 

This is who you become when you start following the principles. Now her boyfriend is teaching the same principles to her boys and they love him as they are enjoying the life style as well. 

I was reading a magazine and in it was comment by Ray Kroc, founder of McDonald's Chain. This is what he said:

"It's a matter of having principles. 

It's easy to have principles when you're 

rich. The important thing is to have 

principles when youre poor." - Ray Kroc 

Having discipline and principles is very important for success from the get go. Now I know you want to share this information with your children I know you are already aware of what you want to do, but here are few of my suggestions. 

There are several ways to teach your children about the importance of good credit. Involve your children in discussions about money and the importance of having good credit. Teach them about saving money, credit cards, paying bills on time, the benefits of having good credit.

Some simple things you can do is set them up a saving account. Create an environment where they earn money for purchases of none necessity items. Teaching a child to save their money to buy things vs. using credit cards can mean the difference between your child being financially successful or ending up in debt upon graduating from college.

There are many books and interactive games that can help you teach Financial Literacy to your children and give them the chance to be successful in life.

I hope you found this information helpful.

Credit Repair Miami Fl - What to do now I have improved my credit score?

NOTHING, ABSOLUTLY NOTHING…
This is what majority of the people end up doing. But YOU are different. You have been relentless and taken all the steps and you are all the way here.

Now is the time to enjoy your life. You want to go and celebrate. I am going to let you explore the opportunities. We have walked this path together for a long time. I am very confident that you now know your potential, your goals, your desires, your dreams are all within your reach.

Once you have secured a good credit score there are things you will want to do to take advantage of your new credit score. After all, the purpose of improving your credit was to improve your life. Take a look at all the things you have financed and see what interest rates you are paying. Can you now reduce your interest rate because you have a better credit score?

In some cases you will be able to save money on the interest you pay. What about insurance
costs can you now reduce your insurance premiums on your car and home owners policies?

Did you know that if you have bad credit you can pay in some cases as much as 3 times the
normal cost for car insurance? Call your insurance agent and have them review your policy based on your new credit rating.

What about your auto loan? Contact your bank or existing lender to see if you can refinance
your loan for a lower interest rate.

Like I said now you are in YOUR PLACE OF POWER. You are standing at the pedestal where you chose your own terms. You chose the life style you want to create for yourself.

Maintaining great credit as you now know is very very important. Protecting it is even more important now days.

If you are thinking of starting a new business, contact us and we will show how you become UNSTOPPABLE in your own business and take YOUR LIFE to the levels ONLY YOU CAN IMAGINE!
I hope you found this information helpful.