Free credit report report Eugene

Where do you put your extra money each month to make the most free credit report report Eugene difference? Here are a few ideas that we think make the most sense financially. Priority #1: Pay down the highest interest rate accounts first. Im sure you would rather be paying down a debt than applying money to free credit report report Eugene interest each month. Start with the accounts that have the highest interest rates and tackle them first.

Keep revolving account balances at no more than 50% of the total credit limit. In this economy thats easier said that done but doing so will produce a better credit score. Regardless, pay off the highest interest rates first. Then tackle the rest of your debt accordingly. Priority #2: Dont add any more debt. Probably the most free credit report report Eugene important part of the plan to raise your credit scores. Old habits die hard, emergencies pop up that swallow money that otherwise would go towards reducing your debt. free credit reports scores Credit cards that should be used sparingly can quickly add up. Priority #3 Negotiate better terms with your credit cards Youll never know unless you ask. Often times credit card companies free credit report report Eugene will reduce your interest rates if you ask. I recently received some convenience checks in the mail from one of my credit cards companies offering a lifetime rate of 3.99%. I quickly called free credit report report Eugene and asked if I could simply have my current balance lowered and they obliged. Priority #4 Pay extra on secured debts Secured debts are things like your home, car, boat or other assets that secure your loan. free government credit report Credit cards are not secured and therefore not tied to any particular asset. Secured debts are usually for large amounts and as a result take longer to pay for. The interest charges on a $100,000 mortgage over 30 years at free credit report report Eugene 6.75% is 133,493.82.

Making extra payments on a secured debt such as your mortgage has the potential to really work in your favor. Youll pay your loan off sooner and free up extra money for the finer things in life. Be mindful of how much you free credit report report Eugene are spending on things like groceries and dining out. Youll be amazed to see just how much you can save. Most of us dont understand or know what makes up free credit report report Eugene our credit score. Your credit score is the most important piece of information in your financial life. Landlords, lenders, insurance companies, electric companies and potential employers all have your credit score under the microscope. request a credit report

With that being said, you should probably check your credit scores on a regular basis. Check it for errors, potential identity theft and improve your scores over time. The secret free credit report report Eugene to a better credit score is to pay your bills on time and keep free credit report report Eugene your available lines of credit as low as possible.

Do not fall for any of these common credit score myths: Myth 1. You can check your own credit report as many times as you want.