Bad Is Only Bad Credit


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.

August 28, 2018

25 Replies to “Bad Is Only Bad Credit”

  1. Veena Haridas says: September 3, 2018 at 7:05 pm

    Some really great tips to work on credits! i suck at financial planning 🙁

  2. Shubhada Bhide says: September 3, 2018 at 1:32 pm

    These are some really excellent tips to consider about credit. I totally agree with all your points.

  3. Tina says: September 3, 2018 at 6:04 am

    this is a great post. I have hidden my credit card so that i dont use it as often as i did.

  4. Haajra Fareen says: September 3, 2018 at 4:02 am

    I don’t have a credit card because it’s not easy to manage one. This post is great and full of amazing finance tips. I’m bookmarking it. Thanks

  5. Dr.Amrita BASU says: September 1, 2018 at 1:54 pm

    I dont own a credit card and we are half way through our homeloan repayment.This is a great post indeed.

  6. Bushra says: August 31, 2018 at 8:25 am

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

  7. Monika Sehdev says: August 31, 2018 at 7:09 am

    These are some great tips shared. Very insightful post. Will definitely Spread The buzz.

  8. Tripti Charan says: August 31, 2018 at 5:37 am

    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

  9. Amrit kaur says: August 31, 2018 at 4:23 am

    We should balance financial conditions pretty well. Debt is very dangerous for our family and health too as we get stress.

  10. Siddhi says: August 30, 2018 at 7:33 pm

    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.

  11. Akanksha says: August 30, 2018 at 5:13 pm

    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

  12. Nisha says: August 30, 2018 at 4:40 pm

    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.

  13. Shub says: August 30, 2018 at 3:06 pm

    I am not a finance wiz but this is an important post. Too much credit and credit cards can be a real spoiler.

  14. Charu Chittwal says: August 30, 2018 at 2:39 pm

    A very important idea put across in a beautiful way, the points mebtioned are not less than a check list that we all nees to follow holistically, thank you for sharing

  15. Priyanka Bhattacharya says: August 30, 2018 at 2:38 pm

    This is a very important article, especially for the younger generation. They easily fall into the trap of Credit Cards and frivolous expenses.

  16. Dipika Singh says: August 30, 2018 at 2:26 pm

    True, greed is a killer. Too much of anything is a mess, glad you raised his topic. Keeping finances in control is always advisable.

  17. Preety tiwari says: August 30, 2018 at 1:52 pm

    Think before making new expenses is one thing we follow strictly, thanks for sharing such useful points.

  18. Judy says: August 30, 2018 at 1:17 pm

    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.

  19. Prerna Sinha says: August 30, 2018 at 12:42 pm

    These are some really amazing tips. Everyone should follow the strict deadline to pay the bills because then atleast one tension is over

  20. Nidhi KM says: August 30, 2018 at 8:09 am

    These are great tips! One must follow strict timelines to pay bills. It indeed pulls you down further from taking loans.

  21. Sayeri says: August 30, 2018 at 7:31 am

    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.

  22. Jiya says: August 30, 2018 at 7:07 am

    Ideally one must plan before taking credits. Financial planning is too important in todays world to secure future.

  23. Varsh says: August 30, 2018 at 6:51 am

    Bad credit is like a bot on your financial status. We try our best to make sure that our payments are done on time.

  24. Purva Bhatia says: August 30, 2018 at 3:59 am

    I think planning well and limiting credit usage is the key. As you rightly pointed out, it’s very important to also realize when you’re in trouble!

  25. Priyanka Patwari says: August 29, 2018 at 11:49 am

    I always believe don’t take on too many credit cards because it can get hard to manage your balances and payments. nice post with good tips..

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