Five Reasons to Repair Your Credit Score - You Can Do It Yourself

There are multiple reasons that tell us why we should have a 700+ Credit Score, but these five facts will definitely give you the big picture and hopefully will drive you to want to fix your credit score starting today.

Fact #1: Did you know that consumers with Credit Scores of 700+ are likely to get interest rates up to four points lower than those with scores under 640.

Fact #2: People with Credit Score below 620 won't get approved for a home mortgage 97% of the time. Therefore if this is your case, you'll have to keep renting forever!

Fact #3: The interest rates for Jumbo Loans in today's market are as low as 5% in interest only loans, for 10 years. Only for consumers with FICO score of 720+. Do the math.

Fact #4: Were you aware that you can finance a brand new car for up to 60 months at 0% APR, if your credit score is 700+.

Fact #5: Did you know that there are multiple credit cards companies offering 0% APR not only for balance transfers, but for purchases for up to 18 months... of course when you have a 700+ credit score. Imagine the possibilities!

Copyright © 2005 Excellentcreditnow.com - All Rights Reserved

Carmen Shearer is the President and CEO of S&S Financial Solutions. She has worked in the finance arena for over 10 years and holds two engineering degrees and an MBA from a branch of Harvard Business School. S&S Financial Solutions offers you credit repair tools and information with a lifetime guarantee. For more credit related information go to: http://www.excellentcreditnow.com

In The News:


Boston Globe

It's a hard time to get new credit
San Francisco Chronicle,  USA - 1 hour ago
(09-07) 17:48 PDT -- Credit - the grease that lubricates the economy - is in short supply now and apparently getting even shorter. ...
Video: US takes over mortgage giants - 08 Sep 08 AlJazeeraEnglish
MORTGAGE RESCUE GIVES HOPE TO CREDIT, HOUSING MARKETS Globe and Mail
Treasury Extends Secured Credit Line to Federal Home Loan Banks Bloomberg
Brand Republic - Trading Markets (press release)all 5,489 news articles

LIVENEWS.com.au

Beware of credit card sharks
NEWS.com.au, Australia - 11 hours ago
By Alex Tilbury September 08, 2008 08:05am THE average Australian already has an eye-watering credit card balance of $3100. Now lenders are attempting to ...
Interest rates up - on banks' credit cards The Age
Wizard's magic trick with credit cards Melbourne Herald Sun
Banks refuse credit card rate cuts Sky News Australia
The Sheet - Melbourne Herald Sunall 221 news articles

Wall Street Journal

Credit Suisse Ex-Broker Pleads Not Guilty
Wall Street Journal - 6 hours ago
By CHAD BRAY NEW YORK -- A former Credit Suisse Group broker pleaded not guilty to charges he and another broker misled investors about purchases of ...
First indictments of brokers in auction-rate securities heist WorldNetDaily
In Auction Securities Crisis, Are Brokers the Victims, Too? Wall Street Journal
all 3 news articles

Ill. credit unions help with college aid
Chicago Tribune, United States - 17 hours ago
AP CHICAGO - Authorities say eight Illinois credit unions are stepping up to plug college funding gaps wrought by the credit crunch for student tuition aid. ...
Ill. Credit Unions Help With College Aid CBS2 Chicago
State Secures More For Student Loans WEEK-TV
$100 million offered in aid for college students, state says Chicago Tribune
all 17 news articles

Comments show credit card rules must change
Dallas Morning News, TX - 2 hours ago
If you want an idea of how angry consumers are at credit card companies, get a load of the complaints e-mailed to the Federal Reserve about efforts to ...
Rating the best, worst credit cards Fort Worth Star Telegram
all 2 news articles

Credit freeze helps thwart ID thieves
Arizona Republic, AZ - 6 hours ago
OK, so you'll never see Credit Freeze in a comic book battle of good against evil wearing a cape and long underwear. But like other superheroes, ...
ID protection can be do-it-yourself Boston Globe
all 3 news articles

CCTV

New CEOs Are Untainted by Credit Woes
Wall Street Journal - 6 hours ago
Herbert M. Allison Jr. and David Moffett were on a short list of financial-services executives untarnished by the credit-market troubles. ...
Video: Feds Take Over Mortgage Giants AssociatedPress
Paulson Taps Allison, Moffett to Run Fannie, Freddie (Update1) Bloomberg
all 571 news articles

US financial crisis spreads toward your wallet
Christian Science Monitor, MA - 19 hours ago
It warned of the danger to the nation from the sale of trillions of dollars of complex financial products called "structured credit derivatives. ...
Credit Crunch: The Sequel U.S. News & World Report
UPDATE 1-US banks' direct borrowing hits record in week Reuters
Crumbling financials have further to fall Financial Post
FXstreet.com The Foreign Exchange Market - Milwaukee Journal Sentinelall 82 news articles

MSN Money UK

Credit crunch could be bad for your health
WalesOnline, United Kingdom - 4 hours ago
THE credit crunch could have a detrimental impact on people’s health as well as their bank balance. New research suggests people are buying cheaper foods to ...
Credit crunch `fuelling ill health` The Press Association
Credit crunch takes a bite out of people's health, says report Telegraph.co.uk
Credit crunch hits the nation's long-term health Easier (press release)
Mirror.co.ukall 11 news articles

Wanted: Customers with Excellent Credit
PR Web (press release), WA - 1 hour ago
New York, NY (PRWEB) September 8, 2008 -- If you're one of the millions of people with good credit, now is an excellent time to profit from your credit ...
credit - Google News


Wind Chimes and more...

Windchimes for great gifts!

New Law Provides Free Annual Credit Report

As of Thursday, December 1, 2004, one-third of Americans will... Read More

What Is A FICO Score?

A credit score is most commonly known as a FICO... Read More

Low Interest Credit Cards: A Thing of the Past?

With interest rates rising, low or zero percent credit cards... Read More

What You Should Know About Credit Counseling

Credit counseling is a free service that many people with... Read More

Your Credit Card May Be Costing More Than You Think!

Do you know what your credit card is truly costing... Read More

Five Reasons to Repair Your Credit Score - You Can Do It Yourself

There are multiple reasons that tell us why we should... Read More

Defeating Credit Card Debt With Self Control

Credit card debt is a major social problem in some... Read More

Credit Report Secrets: Do You Know What They Reveal?

If you've ever applied for a credit card or loan,... Read More

How To Repair Your Credit Report

A credit report is run on a buyer when he... Read More

Secured Credit Cards- Consumer Tips

Whether you have no credit or damaged credit, secured credit... Read More

Saving Money with Credit Cards

Having a credit card is a wonderful convenience for those... Read More

Boosting Your Credit Score To Get The Best Credit Card Deal

Making Your Credit Rating Work For YouOne of the basics... Read More

Debt Collection Agencies

Debt collection agencies are often a viable option for receiving... Read More

Is it Safe to Use Online Car Finance?

Online car finance is convenient. You can apply over the... Read More

Discover the Parts of a Credit Report and What They Mean

So you ordered a copy of your credit report to... Read More

Credit Help For Renters And Others On The Horizon

Sue is a homeowner and pays her mortgage and other... Read More

Collection Agencies: What Do They Do?

Collection agencies are businesses that collect past-due bills and accounts... Read More

Identity Theft : They Got Him

His hard earned money? Gone. Creditors on his back everyday.... Read More

How To Read Your Credit Report

The Fair and Accurate Credit Transactions Act, signed into law... Read More

Getting Your Credit Report and Understanding Whats On It

If you intend to apply for a loan, you need... Read More

Credit and Its Cost

What is Credit? Credit is money granted by a lender... Read More

Credit Report Disaster Through Mistaken Identity

I've got some very important info I want you to... Read More

5 Surefire Ways To Eliminate Credit Card Debt

Do you have enormous credit card debt? You are certainly... Read More

How to Repair a Bad Credit Rating

If you have a bad credit rating, then you might... Read More

10 Dirty Tricks Credit Card Companies Play

The credit card companies make billions each year in legitimate... Read More