Bad Is Only Bad Credit - Prism Around Gurjeet

Bad Is Only Bad Credit

BAD IS ONLY BAD CREDIT

YOUR FAMILY IS YOUR HOME. THE PLACE YOUR FAMILY DWELLS TOGETHER HAPPILY IS YOUR HOME. YOU LOVE YOUR HOME NOT BECAUSE OF THE CONCRETE BUILDINGS BUT BECAUSE OF THE PEOPLE LIVING IN THOSE CONCRETE BUILDING.

Everyone dream is to have a place where memories dwell forever. Having own house is something you feel proud, sustain and happy to feel that it is mine forever. no more rent paying or shifting from one place to another. But having a home is not a child’s play. Purchasing a home is a big step. o it is the reason for you being nervous to make such a large purchase, plus take on the financial responsibility and the cost of upkeep.  A home can not only provide security and a sense of accomplishment.

Life isn’t as easy as it seems. Everyone wants to live a luxury life but sometimes basic needs are not able to be completed. At home, so many expenses fall that we sometimes can’t handle like rent, bill payment or essential basic things required at home. For all those things you require money which is not in your pocket right now.

Sometimes we plan for something and happen just opposite we though . our saved money get used or not able to overcome debts.

Bad credit generally describes a record of past failures to keep up with payments on your credit agreements,  It typically means you haven’t paid your credit and other obligations on time, or haven’t paid them at all.

Associates home loan will not kill your desire to grow and to step forward in life because of Bad credit. Associates home loan has many solutions to get back to normal life and rise above bad credit and give show you the path to have your dream home.

Bad credit can become your big barrier between your home and you. I think you do not like to step back to your dream house because of bad credit. Buying an investment property without at least a decent credit score is difficult, but not impossible There are so many things we can work on.

There are so many ways by which you can check on your bad Credits like

  1. Pay your bills on time each month.
  2. Know which bills report to the credit bureaus.
  3. Don’t take on too much debt.
  4. Get good at managing your money.
  5. Think before you take on new expenses.
  6. Minimize your credit card applications.
  7. Recognize when you’re having trouble.
  8. Build healthy savings.

Debt is a fundamental part of modern trading. But not all debt is equal; there is good debt and bad debt. Good debt will be repaid within the agreed timeframe, potentially with interest, depending on the agreement. Bad debts, on the other hand, is money lost. This type of debt is not collectible and needs to be written off. Before it reaches this stage, however, there are useful steps for dealing with late payment.

The insidious notion that our credit history speaks to our reliability as human beings are largely taken for granted.

25 thoughts on “Bad Is Only Bad Credit

  1. That’s very helpful tips to manage the finance and agree good dept if manage smartly and never hinders our lifestyle

  2. This is such an important topic for everyone to understand and realise that Bad credit can create great hindrance in one’s life. Hopefully everyone takes your tips to lead a great life

  3. What an incredibly insightful post this is. For someone like me, who is bad in finance, this post comes as an eye-opener. Definitely sharing it in my clan.

  4. Such a lovely article that will help many..mainly young generations who are starting their married life and do not understand the importance of good credit . It’s important to keep a balance in expenses and incoming fund. Most people have credit cards and rely on uncertain jobs to keep paying bills in future. Great post x

  5. We must learn the importance of balancing our fund inflow and outflow. Otherwise we might fall in bad debt. Your article provides great insights to the young generation of today.

  6. I agree the tips towards the end of the post very much. One should not take too much of debt and balance out lifestyle if planning for buying home.

  7. We all have a dream for our own home but sometimes we cant fulfill the dream just because of bad credit score. This is something really exciting for me.

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