2,650 Contributions 4,180 People Helped Top Contributor
Member Since: June 2013
About Me: "Your credit score is not a reflection of how much money you have, It's about how well you manage it"
Educate yourself about the basics of "Credit" and how the system works and you can take control of your financial life. You don't have to be a Financial Analyst to understand how to use the credit system to your advantage, you need to know what it is that you need to do so you have control, so you are not at the mercy of "Big Finance". The Ideal of living a "cash only" life style is a Grand idea, and one that I can embrace, But the reality is that we live in a capitalist society that values an Algorithm over a persons Character.
After years of living at the mercy of creditors I finally took some time to try to educate myself. I spent 1 or 2 hours every Sunday reading blogs and searching the web for free websites where I could learn more about getting my credit under control and repair my credit. I have never paid a cent for any information or to anyone to do any of this for me. I did it for FREE and so can you. I was amazed, in less than six months I was on my way to getting things in check and with much greater understanding of what it was that needed to be done. I was able to move my score of 510 to 744 in less than a year.
Living with-in your means is the biggest key. Credit is not free money. It is a necessary evil. Credit Cards were created as a means of paying for things with out having to carry cash. Gold Dust fell out of pockets at an alarming rate! It was Emperor Norton of San Francisco that first presented his calling card with his signature as an I.O.U. that local business could present to the bank for payment. It was your basic debit card. When bankers realized that they could charge interest to use a card like this, the credit card was born and so was "Living beyond your means". It was the 15% to 25% interest rates that created the behemoths that the financial institutions have become.
Learn to play their game...
and you won't always be the loser.