Sunday, August 19, 2012

Plan For Your Financial Future by Keith Gilabert

Don't trust any organization that guarantees success in repairing your credit. A lot of agencies will make general claims about their capability in repairing your credit history. This is not at all accurate since what is affecting your credit is not the same as another individual with credit issues. If you owe the money pay it.  If you do not have the ability to pay the credit cards off then hold off until you have saved enough money and work out a settlement.   When it comes to credit repair, there can be no guarantee of success.

Protect yourself financially with the best health insurance policy for you. Illnesses can spring up suddenly. Because of this, you should be sure that your health insurance leaves you protective. I once went to the emergency room and the bill was $6,700.00. With insurance you'll be covered instead of facing years of debt, my part of the bill was only $600.00.  If you have kids make sure you are covered, a hospital stay will cost you financially and will permanently damage your credit if you can’t pay.

You can improve your credit rating by paying your bills on time and in full each month.  This is really important because credit issuers want to see a debt-to-available credit at about 11 percent.  When you pay something early, you will know right away how much you have left to spend or save. You will not be as anxious about how you are going to pay your bills or having something come up financially you did not expect.

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