FICO Score Secrets

The Secrets behind the FICO Score If there was a number which could represent your financial well being to the companies you have to do business with in life, it would be your credit score. This secret number influences how much you pay for car insurance, your vehicle, your rent or mortgage payments, cable and phone down payment amounts and even employment decisions. If you aren’t completely sure what a credit score is and how it works, take a moment to review this important information. Your credit score is basically an algorithm that calculates a lenders risk of doing business with you. It is based on several factors, which each affect a percentage of your score.   Payment History – […]

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Easy and Effective – How to Pay Off Your Credit Cards

How to payoff your credit cards liberty credit consulting

Having credit cards can be a double edged sword. At first, the chance to be able to make regular payments to afford big ticket items that would otherwise be unattainable is very attractive. However, it’s very easy to make too many big purchases, or a lot of smaller purchases, while making minimum payments and racking up a significant amount of debt. The United States runs on debt. Our country as a government is trillions in debt, and each of us operates our own little personal GDP in much the same way. Few of us have the cash to go out and purchase a car, a house, medical procedures, daycare, or sometimes even a TV and other things we need to […]

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