Debt Consolidation with Free Government Grants? One Scam to AvoidWritten by Charles Essmeier
Have you ever seen a commercial or an ad promising “free government grant money?” According to these ads, government and other organizations give away nearly one half a trillion dollars each year, and all you need to do is apply! The ads go on to state that money can be used for anything, including debt consolidation , student loans, a yacht or just about any frivolous thing you can imagine. All you need to do is call their toll free number, buy their book or enroll in their program and details are soon on their way to you.
A half a trillion dollars is certainly enticing, but are organizations really just giving money away for asking?
Not exactly. Grants are certainly available from Federal Government and elsewhere, but it’s not as though money is just handed out for asking. Grants are usually given by organizations interested in achieving specific goals. If you’re interested in bringing water to desert, you might find an organization that’s interested
| | Credit Report – How to Improve Your Credit ScoreWritten by Charles Essmeier
One of great mysteries of life is how three major credit bureaus (Experian, Equifax, and Trans Union) score credit. They all have secret statistical formulas for determining your credit score, but they are unwilling to divulge exactly what, exactly, constitutes your score. This can make it difficult for people with problem credit to try to improve their score in hopes of obtaining a home or car loan later. .
While exact formula is a secret, there are a few things you can do that will undoubtedly improve your score: .
Pay off a home equity line of credit. These loans, which allow you to borrow more than once against your home’s equity, are considered revolving credit, much like a credit card. Pay it down or pay it off; either should help your score.
Check your credit report regularly; you are entitled to a free copy of your credit report once a year. By looking over your credit report, you can make sure that debts you have paid on time are shown on
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