Tricks to Making Money With Credit #2 – Keep Those Finance Charges Down

Do you have a car loan, home loan, credit card, or are currently financing anything else? Well then you know all about interest rates and finance charges and its enough to make you sick to your stomach. The fact is that for many people over 25% of their monthly expenses come directly from interest rates and finance charges. Think about that 25%, that means if you have $2,000 in bills every month that include your credit card payments, car and home loans, health and car insurance, cell phone, internet, television, electric and water that $500 of that goes just to pay off a finance charge. That’s an insane rate of your income going to that, and what makes matters worse is that you end up paying off less of your overall debt first.

The best way to lower your bills, especially on your interest rates, is to make sure you have a good credit score so you can modify the loans or terms of the deal. Many companies do not want you to stop making payments and will work something out with you to lessen the load each month, and if you have a good score they are more serious about it. If you do have a low score however you do have some options. Credit repair can fix a score damaged be; bankruptcy, lawsuit, missed payments, foreclosure, repossession and much more, in a matter of weeks. The process is fast and simple, and very effective. Credit repair is the fastest and most dependable way to repair your credit score, and many people have already taken advantage of it. Its affordable, and the work is done for you. Why over pay on your monthly bills when you can get them much cheaper and save a lot of money?

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