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Credit can be very costly if not used with care.

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Q: Why should credit be used with caution?
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How can a person refinance an auto loan with bad credit?

There are some finance companies that will offer credit to people who have bad credit ratings. However caution should be taken as the interest is likely to be very high when choosing this option.


Why should credit be used wisely?

idddk


What is the difference between Credit Consolidation and Credit Settlement?

In general terms, credit consolidation is used to structure a person's situation, so they can continue to meet financial oligations. Placing all debts into one payment that is acceptable and achievable for the debtor. Credit settlement, usually refers to the terms/amounts a creditor will accept for a debt. The consumer should always use caution when dealing with credit consolidation agencies, or those claiming to "settle your debts." Most are running their own "money making agendas" and not overly concerned about the welfare of the clients.


What types of cash substitutes should be used instead of a credit card?

cash substitutes


When credit cards companies reduce your credit limit how does that affect your credit score?

It could be huge. BUT, if you have a $0 balance............which you SHOULD....it won't matter. It's all about percentages. A credit card w/ a $1000 limit w/ $300 on it...is OK (keep all cards below 30%). A credit card w/ a $500 limit and $300 on it is BAD (60% of the credit is USED). The key here is to "HAVE" CREDIT........NOT "USED" CREDIT. It's all about percentages. Credit is only credit......if it's available.

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How can a person refinance an auto loan with bad credit?

There are some finance companies that will offer credit to people who have bad credit ratings. However caution should be taken as the interest is likely to be very high when choosing this option.


Why should credit be used wisely?

idddk


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What is commonly used to determine if you should give customers an AR Account?

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Caution should be used when playing ball sports or using knives or other sharp implements.


Can someone help my friend with annual credit shack?

There are several ways to obtain your annual credit check. I personally have my loan officer at my bank do mine. The internet has many credit check companies listed that he can try also. If he chooses to use the internet he should use caution since it will be asking for his personal information.


What is the difference between Credit Consolidation and Credit Settlement?

In general terms, credit consolidation is used to structure a person's situation, so they can continue to meet financial oligations. Placing all debts into one payment that is acceptable and achievable for the debtor. Credit settlement, usually refers to the terms/amounts a creditor will accept for a debt. The consumer should always use caution when dealing with credit consolidation agencies, or those claiming to "settle your debts." Most are running their own "money making agendas" and not overly concerned about the welfare of the clients.


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Define the term 'damn'?

"Damn" is a curse word spoken in anger. It should not be used in formal contexts and must be used with caution as it could unintentionally cause offense.