Credit Information

Start Building Credit Fast!

There are a couple of reasons for this. You can pay your bills on time for years and never gain more than a few points on your credit score.

As you probably already know, paying minimums on credit cards and bank loans do not lower your principle amount very quickly. When your balance is too close to your credit limit on a card, it actually hurts your score, even though you may be paying your bills every month without fail.

Paying the minimum can actually hurt you in some cases, especially on cards with high balances. Banks like to see plenty of breathing room on your credit cards. You are more creditworthy to them if you have plenty of availability on your cards.

Another reason you may be denied credit is your debt-to- income ratio. If your total debt is too close to your total income, Banks will not extend you credit. I struggled with these issues for years until i figured out what i was doing wrong. Every time i would lower my balances, I would run right out and build them back up.

By paying down your balances and making smaller purchases on your cards, you can raise your score significantly in just a few months. Only buy on credit what you can pay off at bill time. Buy something and pay it off... Buy something and pay it off... You get the idea. This will eventually get you higher limits and lower your rates, as well.

So, you can keep paying bills on time for eternity, but until you lower your balances and decrease your debt, you'll be stuck in credit score mediocrity.

Eric Barnes is an expert on internet marketing and information products. He has been selling on the web for more than five years. He lives in Cleveland, Ohio with his wife. You can learn more about his products at or contact him at


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A new report by CompareCards found Americans living in some of the biggest cities have debt up to $10000 or more.

Amazon launches new secured credit card for those with bad or no credit  USA TODAY

The new Amazon secured credit card can be a good way to build credit history, but customers still need to be wary of some of its other features.

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A credit freeze is a free way to stop activity on your credit report if you suspect your identity was breached or stolen.

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Sallie Mae just released a suite of three credit cards targeted at college students, recent grads and young professionals. Should you get one?

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Logix Federal Credit Union announced Thursday the opening of its newest branch, located at Bridgeport Marketplace. The credit union opened its fifth Santa ...

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This State Journal editorial ran on June 13, 1969: The end of the school year at the University of Wisconsin has come, and this is a good time to assess the ...

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Amazon's Credit Builder card has perks that could be pitfalls for some consumers.

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JPMorgan Chase is changing the terms for its credit card users. Cardholders will have to submit disputes to binding arbitration, rather than going to court.

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State and local officials have pushed back against retailers that don't take cash, and now some are pressuring electric vehicle firms to expand payment options ...

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Amazon needs more shoppers, so it's giving people another way to pay. This week, Amazon announced Amazon Credit Builder, a special credit card for US ...

Tuition tax-credit program benefiting private schools survives  Crain's Chicago Business

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Credit scores based on AI and non-traditional data such as your social media profile could usher in a whole new way for banks to discriminate.

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The Chris Hemsworth and Tessa Thompson film serves as a soft reboot for the "Men in Black," so does it tease another movie after the credits?

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The recommendations are contained in an energy storage report stemming from the state's 2016 energy plan.

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Card skimmer devices were found on two pumps at the Valero gas station on 43rd Street at Rosslyn in northwest Houston.

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She was billed $1.99 by Google at least 64 times totaling $127.36 on six different credit cards. Capital One called it an "administrative error."

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Tap-and-go credit cards allow users to pay for purchases faster. And an increasing number of vendors offer terminals that let you take advantage of this feature.

Fort Lee Federal Credit Union  WTVR CBS 6 News

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Earlier today, Marriott International and Chase Card Services launched the first Marriott co-branded credit card with no annual fee: the new Marriott Bonvoy Bold.

Iowa Students Earn PE Credit by Doing Yard Work for the Elderly and People With Disabilities

"It's been amazing, the attention this has gotten," says the social studies teacher who started the program.

Cory Booker’s Housing Plan Offers Tax Credit to Millions of Renters  The New York Times

Senator Cory Booker of New Jersey on Wednesday unveiled a plan to tackle affordable housing that would provide a tax credit for renters to ensure they would ...

Spanish police arrest Bitcoin launderers in international credit card fraud case  The Next Web

Spanish police have arrested 35 people allegedly involved in an international counterfeit bank card ring which laundered its profits using Bitcoin.

Humans eat a credit card-size amount of plastic every week: study  Fox News

Well, here's one way to cut down on personal debt.

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The Democratic National Committee (DNC) has taken out a $10 million line of credit as it ramps up for the 2020 presidential election. The DNC said it had ...

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The guidelines for building good credit have not changed much, but now two new tools are available: Experian Boost and UltraFICO.

AM Best Downgrades Credit Ratings of California Casualty Group Members  Insurance Journal

AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “bbb” from “bbb+” and affirmed the Financial Strength Rating (FSR) of B++ ...

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Acting White House budget director Russell Vought is accusing Speaker Nancy Pelosi (D-Calif.) of risking a national default by insisting that a deal on spending ...

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New York book lovers (as well as visiting book lovers) are intimately familiar with the Strand, an iconic independent bookstore in Greenwich Village with millions ...

Goldman CEO says he's testing the bank's credit card with Apple and consumers are going to love it  CNBC

Solomon is personally testing the iPhone-lined credit card, which is set to be released this summer, Solomon said in an interview with Carl Quintanilla.

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The Ronald McDonald house received the check from Northwest as part of their '100% committed' program, which allows them to give back to the communities ...

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Learn more about Tracy Condron Weitzenberg, communications and public relations manager of Redwood Credit Union. She is one of North Bay Business ...

Moody’s cuts Turkey’s credit rating deeper into junk territory  Financial Times

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It's fair to say that most Americans live in quiet fear of their credit score. That little number often decides whether you can buy a home, purchase a car, or even get ...

Citi launches credit cards with Southeast Asia's Grab in push for more customers  CNBC

The co-branded credit cards are launched to boost its Asian customer base by about 13% via partnerships with digital firms, a senior Citi executive said.

Duo accused of spending thousands on victim's credit card  NBC2 News

The Lee County Sheriff's Office released surveillance images of the two suspects on Friday.

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Authorities use tracking info to find accused credit card thief  WHNT News 19

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Yes, Toy Story 4 Has Mid-Credit and Post-Credit Scenes You Won't Want to Miss (No Spoilers)  Bleeding Cool News

I took the kids to see Toy Story 4 today. They loved it. So did I. I'll say why later. But for now, I know people going will want to know if there are mid-credit and ...

The Army launches plan to give college credit for training soldiers are already doing

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Chinese immigrants helped build America's first transcontinental railroad in the 1860s, but their contribution has been largely forgotten. A group of their ...

Portland poised to make it easier for people with bad credit, criminal histories to find a place to rent

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EITC, explained: How Pennsylvania's educational tax credits are used, who benefits, and more  Pennsylvania Capital-Star

Gov. Tom Wolf said Wednesday that he will veto a proposed expansion of Pennsylvania's Educational Improvement Tax Credit, which directs millions of ...

Singletary: Consider freezing your child's credit  Press Herald

WASHINGTON — Another day, another data breach. Most recently, Quest Diagnostics, a major medical-testing company, reported that a breach may have ...

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Blackstone closes energy-focused credit fund at $4.5 billion  Pensions & Investments

Blackstone Group's credit platform GSO Energy Partners closed its GSO Energy Select Opportunities Fund II at $4.5 billion.

Here's what to know about about Chase's Marriott Bonvoy Bold credit card  AOL

If you're obsessed with racking up credit card points, this is your big week: Marriott and Chase are rolling out their new Marriott Bonvoy Bold credit card, and the ...

China Now Has the “World's Largest Social Credit System”  RADII

China's sprawling credit system is now the “world's largest”, State media outlet Xinhua just reported, and will release new regulations this week.

Delinquency Rates Rise as Canadian Credit Card Balances Grow  Bloomberg

Delinquency rates in Canada climbed to the highest in two years as consumers added to credit card debt and auto loans took longer to pay off, according to ...

CT residents rank high in credit card debt; Bridgeport #1 in US  CTPost

Feeling squeezed by credit card debt? You're not alone. Recommended Video. Speed. Normal. Quality. Auto. Quality. Speed. 0.25. 0.50. 0.75. Normal. 1.25.

Does ‘Godzilla: King of the Monsters’ Have a Post-Credits Scene?  TheWrap

Does the latest live-action "Godzilla" movie provide any fun extra scenes after the credits roll or tease next year's "Godzilla vs. Kong??

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Q. My mortgage is almost paid off, I have a $10,000 car loan and a small amount of debt on a credit card. My credit score is 830. How will the mortgage payoff ...

Living Without Credit Solved My Money Problems  VICE

The seven years Beau Humphreys spent without credit “sucked” but helped set him up for life.

106-Year-Old Woman Gives God All the Credit, Points to This Bible Verse  CBN News

A woman in Halifax County, North Carolina just celebrated her 106th birthday on June 5, and she attributes her amazing longevity to God.

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White Sox’ Lucas Giolito gives credit where credit is due  Chicago Sun-Times

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Deputies: Deputies: $700 cash, credit cards stolen in Macon's Ingleside neighborhood

MACON, Ga. -- Bibb County investigators are looking for multiple entering auto and attempted theft suspects from incidents in Macon's Historic Ingleside ...

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The AAdvantage Aviatior Silver Card offers a $25 daily food & beverage credit onboard American. Here's one interesting way to maximize this benefit.

Chase Launches a Student Credit Card  NerdWallet

Chase has launched a new student credit card. Students can now consider the Chase Freedom Student credit card in-branch-only offer.

China's Credit Expansion Remains Solid Amid Growth Concerns  Bloomberg

China released its latest credit numbers for May, showing a pickup, signaling the stimulus measures to stem the slowdown are continuing to have an impact.

ICYMI: This Video Of Drake Taking Credit For the Raptors' Win Is Insane  SFist

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An investigation by the Tennessee comptroller's office found deficiencies with the Town of Unicoi's payroll and credit card purchases.

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By a narrow margin, the state Board of Education approved a controversial program Thursday that would allow students to receive school credit in off-campus ...

Police: Credit union employee stole from friends  ABC27

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Credit union near Byron Center robbed; suspect sought

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Drivers of electric vehicles could become the target of cyber criminals if new state rules requiring the use of credit card readers at charging stations go into effect, ...

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By Jim Vejvoda Dark Phoenix hits theaters this weekend, which means you may be wondering, is there anything after the credits? While the X-Men movies have ...

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