What is bad credit?

A credit score or credit rating is a method used to determine the creditworthiness of the loan applicant. It takes the form of a number, with a higher number indicating better creditworthiness. Components in the credit score The following components are an important part of the calculation of the credit score : the punctuality of..

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How to Create a Family Budget

For singles, creating a budget is relatively easy. They tend to have a good handle on how much money they have coming in, and when tracking expenses, they only have their own to think about. But creating a family budget is a whole new ball game. Most families have multiple sources of income. And when..

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Why Prepare For Retirement?

Time goes so fast that some people are caught unaware that life has caught up with them. These people have been very busy taking care of their families that they have forgotten how to prepare for their future especially when they become too old to work. Every person should prepare for that time when they..

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How To Get Rid Of Your Debts

Borrowing is not a bad thing, however, having uncleared debts pilling up is an alarming situation. When you find yourself in a vicious cycle of debts, it is time to find a permanent solution. Whether as an individual, a family or even a business, there are several ways you can get rid of your debts…

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4 Simple Steps to Save Money

Sometimes, the hardest thing to do around saving money is just getting started. Here are 5 quick and simple ways to do just that.  Keep track of what you are spending & create a budget – the first step to starting a savings plan is to track your expenses, understand when payments are due and..

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