Article Directory :: Finance & Investment Articles Want a Better Credit Score Report? Pay Down Your Debts By John Rasor Republish: EasyPublish™ Published: 08Nov2008 Word count: 417 Viewed: 322 time(s) Get Free Content For Your Site Getting a better credits score report, sure; that sounds easy. If you had extra money you wouldn't have those debts, right? But stop and think about it. If you really want a secure financial future, it's in your best interest to cut spending and get those debts paid down. Remember, the better your FICO score, the less interest you'll pay on everything from credit cards, to cars, to a house. It really is worth a bit of sacrifice in the short run to enjoy more financial freedom in the long run. You should also be looking at ways to add a few extra dollars to your income each week - and to add those dollars to the minimum payments you're probably paying today. Let's start with spending less. Begin by listing your monthly obligations - can you change your cell phone service to a cheaper plan? How about your cable or satellite TV programming? Can you turn down the heat in the house or remember to turn off lights when they aren't in use? Those tactics won't save you much, but every dollar you can put on your outstanding debt is like two dollars by the time you pay interest on it for years. Next - plug the holes in your spending. Really keep track of every dollar that leaves your pocket this week. Do you stop for an espresso on the way to work? Do you go out to lunch - or worse, eat dinner out regularly? Do you splurge on magazines you barely read, candy bars that do nothing but make you chubby, and buy a scratch ticket in hopes of making a big win? Each night, write down what you spent out of your pocket or your checkbook during the day. Did you really need it, or just want it? Most of us who leave the house during the day can cut at least $2 to $5 per day in "nickel and dime" spending when we look at our own habits. I know, that isn't much. But in the course of a month, assuming you go out 5 days a week, that's $40 to $100 per month, and that adds up. Even an extra $10 per month paid on a credit card account will make a difference over time. In fact, if you're paying 18% interest on a credit card, paying an extra $10 per month will save you over $110 per year in interest. You'll enjoy watching your credit scores go up as your debts go down. http://www.creditscorecowboy.com CreditScoreCowboy.com is the one of the most unique on-line resources for free credit score reports, Identity theft protection software, and a BLOG with a wealth of personal credit information. The information within this website is written by professionals that know about credit. EasyPublish™ this article - publishers click here More articles by John Rasor

Free Report! Ten Essential Secrets Of Article Marketing ... Grab Your Free Copy Now: We respect your privacy. Need Content? Regular Top Quality Content for your Blog, Ezine or Website ... Delivered Direct, For Free! Click For Details Arts & Entertainment Automotive Business - General Computers & Technology Finance & Investment Food & Drink Health & Fitness Home & Family Internet Marketing/Online Business Legal Pets & Animals Politics & Government Reference & Education Religion & Faith Self-Improvement/Motivation Social Sports & Recreation Travel & Leisure Writing & Speaking

More finance articles:

• Debt Problems: Help For The Elderly (Holly Petherbridge)
  The elderly are falling to credit cards to help them keep up with the rising costs of everyday living. Fixed incomes do not support emergency expenses. There are ways to help keep additional debt from accruing and help pay off current debt.

• Commercial Real Estate Ideas That Anybody Can Profit From (Stephen Hill)
  Are you aware that there are practically hundreds of thousands, if not millions of properties throughout the Western world that have been foreclosed on in the last year alone? Many of these properties are commercial properties. This means that the real estate market is currently still very precarious, so you must be adequately informed as a customer before purchasing.

• Student Loans: Collections Differ From Other Unsecured Loans (Holly Petherbridge)
  When taking out a student loan, you are signing on to an unsecured debt which will stay with you until it is paid off. Student loans follow a different set of rules when it comes to collecting on defaulted loans. Understand your reponsibilities before you take out the loan.

• The Many Factors That Go Into Your Car Insurance (Winston Takeda)
  If you are puzzled about what goes into an insurance policy, then you aren't alone. In this article, you'll learn why.

• Simple Tips To Get The Most Out Of Your Auto Insurance (Winston Takeda)
  Believe it or not, there are plenty of ways to save money on your car insurance. In this article, you'll learn some methods that will really help.

• What's Your $1 Million Business Worth? (Chia-Li Chien)
  What are the three most important things in real estate investment? Location, location and location. But what makes a privately held business valuable? According to Rob Slee, founder of Midas Nation, it's timing, timing, timing. During my 2nd quarter 2010 SRI Business Retreat, Slee said you have to play the Transfer Timing Slot Game if you want to maximize your business's value for sale. Let's explore what Slee meant by that.

• Know What Your Numbers Mean (Chia-Li Chien)
  Have you ever faced a situation in your business and found yourself saying, "I know I need to do something, but I don't know what. Just tell me what to do and I will do it." Emotionally you feel panic, fear or even shame, especially when it comes to business finances. Potentially, that could trickle down to your personal finances, as well.

• Need Money? Think Private Capital Markets (Chia-Li Chien)
  When it comes to capital financing options, even savvy entrepreneurs seem to harbor misconceptions. For an overview of each option, as well as the cost (expected rate of return) associated with each option, read on. But you should always consult with your team of advisors and conduct a cost analysis to help you make the right decision.