Examine your credit reports carefully and dissolve your debt

If you have ordered your credit reports, now is the time to review them. This will be the first way to start repairing and improving your credit score. In a previous article, we explained what credit reports are and why they are important. This time, we’ll examine how to inspect those reports and what you… Continue reading Examine your credit reports carefully and dissolve your debt

Perfect Credit Score: Is It Worth It?

The credit score also depends on your creditworthiness and can mean the difference between being denied or accepted for credit and getting a high or low interest rate. Good credit can help you qualify for a home rental contract and even obtain resources without a deposit. What does it consist of? Your credit score contains… Continue reading Perfect Credit Score: Is It Worth It?

Up to 1 Million People Not Able to Pay Credit Card Debt

Up to 1 Million People Not Able to Pay Credit Card Debt

According to information from the Turkish Banks Association, 55 percent in 2013 year-over-year 1 million people were unable to pay their debt on credit cards only. In 2012, the number of unpaid debts increased by 228,000 and 155,000 were just credit card debts alone.  Also in 2013, statistics from Turkey’s Interbank Card Center indicated that… Continue reading Up to 1 Million People Not Able to Pay Credit Card Debt

What to Say Before Accepting an Increase on Your Credit Card Limit.

When receiving a call from your bank saying you are eligible for an increase on your credit card limit. Would your answer automatically be “yes”?  Read further to find out why this wouldn’t be good idea: How does credit limit actually work? Let’s just say that you are a cardholder of a certain bank and… Continue reading What to Say Before Accepting an Increase on Your Credit Card Limit.

Tips on Finding a Good Credit Counseling Agency

Financial obligations may heap up due to neglect or emergencies. Soon, you may find yourself wiping out your savings and maxing out your credit cards. This hurts your finances and credit rating. Who are you going to call then? It may be late, but finding a good credit counselor or counseling agency is your best… Continue reading Tips on Finding a Good Credit Counseling Agency

A Perfect Credit Score – Is it worth?

Your credit score can mean the distinction between being declined or accepted for credit and a high or low interest rate. A good score can help you to be eligible for a residence lease and even help you to get resources linked without a deposit. What is it? Your credit score contains a 3-digit number… Continue reading A Perfect Credit Score – Is it worth?