Tips For Managing Credit Sedona AZ

Ten good ways to manage and improve your credit standing. Use this advice to maintain financial fitness and to stay in control of your financial destiny.

Ruth Ann Burgueno Nutritional Counselor
(928) 282-9540
450 Jordan Rd Ste
Sedona, AZ
 
Heartsong Healing
(928) 300-6648
PO Box 4023
Sedona, AZ
 
Imagine Solutions Today IBO
(928) 284-0374
PO Box 20365
Sedona, AZ
 
Cliff Castle Casino
(928) 567-7900
555 Middle
Camp Verde, AZ
 
MoneyQuest Corporation
(602) 799-4155
Po Box 5267
Peoria, AZ
 
Past Lives Healing LLC
(928) 300-1611
31 Spur Circle
Sedona, AZ
 
Only in Sedona / Sedona Psychic Wisdom
(928) 203-1194
PO Box 3294
Sedona, AZ
 
Verde Valley Guidance Clinic
(928) 634-2236
8 Cottonwood
Cottonwood, AZ
 
The Credit Pros
(928) 420-9352
1183 Luane
Prescott, AZ
 
Christensen REX Atty
(480) 792-6651
3810 E Remington Dr
Gilbert, AZ
 

Tips For Managing Credit

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Let's explore ten good ways to manage and improve your credit standing. Use this advice to maintain financial fitness and to stay in control of your financial destiny.

Tip #1: Live within your means.

This may sound obvious, but it's extremely important, because living within your means will keep you from having to resort to credit.

Tip # 2: Pay your bills on time.

Every time you pay a bill on time, you build your credit history and put yourself in a better position to obtain credit at lower rates in the future. Pay late and not only will you be faced with fees, but you'll also be hurting your credit standing.

Tip #3: Pay more than the minimum.

Say you have a $2,000 balance, and your minimum monthly payment is about $40. At an 18% interest rate, you'll end up paying nearly $5,000 and it will take more than 30 years! The minimum payment covers mainly just the interest, so the outstanding balance still remains, against which you will be charged interest in the next payment.

Tip #4: Avoid credit card add-on programs.

Many credit card companies offer various services and products to their card holders, like card registration services, insurance, and card loss/theft protection. Most cost money and are unnecessary for the typical consumer.

Tip #5: Don't chase lower rates by transferring balances.

This is a tricky process that involves fees, penalties, and other "catches" and usually ends up costing more than it saves. Balance transfer offers almost always have a low teaser rate that isn't fixed, which usually jumps much higher when the introductory period expires. Plus, there are often fees from both banks involved, meaning you pay twice....


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