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25 Ways You’re Killing Your Savings: STOP Making These Mistakes

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Your credit score is 579 or lower. In this case, additional credit is difficult to get at a reasonable interest rate as this is below the average. If you are experiencing [credit card] debt, you need to handle it urgently, possibly even delaying retirement contributions while you get your balances under control.

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Set Your Money on Autopilot: How to Save with Financial Automation

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Also, you’ll always be in good standing with your bills, protecting your credit score and preventing late fees. An IRA (individual retirement account) can be opened at a brokerage firm if you aren’t eligible for an employer plan. If your credit card information is stolen, you don’t have to worry.

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High Schoolers, Get Financially Prepared for College with this Ultimate Checklist

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Your credit health largely shapes your eligibility for home loans or other financial privileges in the long run. Avoid credit card debt It pays to be vigilant about repaying your bills to avoid your credit score taking a hit. Remember, credit card loans come with the highest interest rates.

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Do You Need a Business Loan Broker?

CreditStrong for Business

They usually lack sufficient time in business to meet lending requirements or established business credit scores. Reach out and ask if they’ve ever worked with a loan brokerage firm that they’d recommend. When assessing a small business loan broker, watch for any red flags.

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How to Plan and Open a Business in Just a Few Months (and Why It Might Take Longer)

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Samantha Foster, owner of Chief Insurance Solutions , stumbled upon her calling when she noticed that colleagues at her insurance brokerage firm didn’t understand the intricacies of the products they sold: . “We In October 2015, Foster quit her brokerage firm. They shouldn’t have to know insurance. That’s our job.”.

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26 Ways to Simplify Your Financial Life – While Saving Astronomical Amounts of Money

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In addition to increasing account balances, late fees can negatively affect consumers’ credit scores as well. Credit cards are one of the best ways to earn rewards and take advantage of zero-interest rate promotions. Focus on one credit card for credit scoring purposes, but keep them open for other purposes.

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Learn What It Takes to Qualify for an Investment Property Loan

CreditStrong for Business

Credit Score and Credit History With any type of financing, investment property loans included, good credit can work to your advantage. When you have a good credit score, it makes it easier to qualify for loans and get competitive offers from multiple lenders.