Tips for finding and selecting a credit counselor

Knowing how to manage and save your money is very important. Sadly most working people do not create the time to learn about the best ways to spend money during their working days. The lack of information about Free Credit Counseling has led to many broke older adults. It is advisable that during your working days you save and invest as much as you can. A good credit counselor can help you make wise investments that can help you during your retirement years. Therefore, for anyone who is starting out in a job, it is essential that you find someone who is experienced and can advise you on saving and investing. And even for those who have worked for a while but still feel that their savings are not enough should seek the services of a credit counselor. A counselor who can teach you on how to save before you spend can transform your future. If you do not know how to find a credit counselor, then written here are some tips to guide you.




The best way to find a trustworthy counselor is through reference. Reference, especially from friends, family, or workmates, can help you find someone who is already helping or has helped the people you know and trust. Try as much as you can to compare the different referrals you get and find the one who you can relate and trust with your credit transformation journey.




If you are ahead of the park and your colleagues cannot refer you to a credit counselor, then you should try the internet. With the internet you will not only find the best-rated credit councilors you will also be able to find someone who works near you. However, when using the internet, you should be careful when selecting a person. Make sure to read the reviews made by the clients who have utilized the services of your chosen counselor.


Visit a counselor


creditcounseling1Once you have found a counselor through the internet or referral, you should make sure you visit his or her office. Since you are planning and organizing on how to save your hard earned money, a visit to counselor’s office show commitment and helps create a strong bond. A visit also helps you to get to know your counselor on a personal level.


License and registration


The counselor you select should be licensed and registered. It is necessary that you make sure the person you are about to trust with your future is learned and has been given the mandate to counsel people about credit and money management.



Read more

Quick tips to improve your credit score

4567u6mtnrhAll of us agree that one’s credit score is very important. If you have a dream or owning a home someday, then it is most likely that you will take up a mortgage. For those interested in buying a car, then you are surely going to need to take up a car loan. Or maybe you want to get a credit card since most businesses are accepting them plus you will want to enjoy the flexibility and convenience that they offer. Even the simplest of them all like getting a phone or utilities will require that you have a good credit score. If you don’t, business will take you as being a high-risk customer.

So if you are the type that has a bad credit score, or let us say it is average, it is important that you improve it. Below we highlight some tips that will help you improve your credit score.

Ways to improve your credit score

Knowing your position

The first step towards improving your credit score is knowing where you are currently, and project where you want to be. When you establish that, then you will devise ways to get to where you want to be. One sure way to reach your destination is by using one of the many services that are available. Such services can pull up your credit score and the report without in any way, hurting your score negatively.

Clear or rectify any errors in your account

If there are numerous errors on your account, for instance, the inclusion of accounts that do not belong to you, accounts that make a reflection that you made late payments when the payments were indeed done in time and even debts that you have cleared but have not been reflected or reported to the credit agencies. Have all these errors corrected? If this takes a slow pace, you are advised to contact the concerned companies directly, who will, in turn, inform the credit agencies.

Ensure your credit cards are paid off

Pay all the debts that you could have incurred from the use of credit cards. These cards are very dangerous as they can consume your money more than you can generate. To ensure that you are on the right track of improving your credit score, you are advised to make a list of them, the balance that they have, their APR, and the credit limit that they have. After doing this, you can start paying them off as per your preference. When you pay down your credit cards over some time, you would have boosted your credit score substantially.t56yukhjthry

Do not close accounts

When you are done paying down your credit card, do not cancel that credit card as your credit score will take a hit. Instead, when you are done with your payment, you are advised to ask the credit company to make a report to the credit agencies on completion of the same. This will, in turn, lead to an improved score.

Make your payments in time

If you have been accustomed to making late payments in the past, it is the time that you start paying all the bills on time, while ensuring that you don’t miss a single payment. This will go along way in improving your credit score.…

Read more