Goat Finja

Higher the score, lower the rates you’ll be charged when getting a credit card or borrowing money to buy a car or a house. Let’s say your current score is 640 which is fair but getting over 750 would make your score excellent therefore getting the best available rates in the market. Make aggressive pay downs to your card balances to keep it at 50% or lower of the available limit. Paying down or paying off your credit card debt can increase your scores by nearly 110 points, says John Ulzheimer, a credit score expert who has worked at FICO and Equifax.

Once you buy a house it’s much more difficult to move to a new location so buy a house once you are sure you plan to settle down in the location and are sure that there will be decent amount of opportunities for you and your partner in the area. It’s better to rent in area with strong economy where there are plenty of high paying jobs than own a house in an area with weak economy and no jobs / low paying jobs imho.” Normally, the payroll funds are given by the small businesses to MyPayrollHR, who then send the money to a 3rd company called Cachet which manages the direct deposit of the funds into the employees bank accounts. One day Cachet deposited the money into the employees account, then found out that the bank account that MyPayrollHR was supposed to deposit the money into was empty.

Start small by applying for a cash secured credit card of $300 or $500. Part time job may suffice as long as it’s not a gig type of a job since the credit card company will ask for the most recent paystub. When you obtain your first credit card make sure to make those payments on time and don’t max out your card’s limit. Pay Your Cell Phone and Utility Bills On Time Paying your bills on time won’t build your credit history, but will prevent it from having a bad credit.

For over five years I was an avid user of Bank of America Cash Rewards credit card. Every time I had cash rolling into my Bank of America checking account I would get an additional 10% bump. At that time I worked at BofA’s Rates and Derivatives group and it was encouraged by my employer to use bank’s products. The rewards are great and Chase’s rewards site is easy to navigate and use my rewards for hotels, rental cars or airplane tickets.