You can begin again!

Today is the beginning of a new day. Starting over is simply ok but remember that you have started over and don't give up too soon in the process before you see progress. Make a conscious decision to start over and move forward from where you are. Woman Act Now!

When Divorce is Inevitable

As soon as divorce becomes an issue your financial well being is at risk. What can you do immediately?
Deal with credit issues:
Check your credit report
Notify your creditors of your situation
Establish credit in your name alone
Open an individual bank account
Get copies of your past 5 years of income tax.
Woman Act Now!

Refinance Your Car

If you have a car that is less than 5 years old and your credit score is high enough to qualify you may be able to refinance for a lower interest rate and lower payments. Give it a try, I did it in 30 days when the best rate I was able to get on purchasing a used car was 8% a couple of years ago. Before I finished shopping around I purchased the vehicle from the dealer and later got a better offer and refinanced it for 6.9%. Remember your greatest expense is interest! Woman Act Now!

Cut Your Credit Card Interest

Work the plan:

How maxed out are you on your credit cards? Most creditors will not reduce your credit rate if you are at your maximums. Pay off the highest interest rate card first. As you lower the balance you are increasing your credit score. The higher your score the less of a risk you are. When you have lowered your balance to 50% of your credit line, pick up the phone, call the creditor and ask for an interest rate reduction. You may be surprised at the response. Almost 50% of people who do call get a reduction.

Ways to Increase your Credit Score.

1. Pay bills on time.
2. Use only 20% to 30% of the credit you have available.
3. Shop around for loans (whether car, furniture, home) within 14 days so it counts as one inquiry.
4. Avoid accepting instant credit offers while shopping in the mall.
5. Review and dispute inaccuracies on your credit report annually.
Woman Act Now!

Quotes before you ride the boat!

Avoid the ride of your life by getting three quotes on that project, product or service. Set your hasty financial decision making money goal. For example make a commitment to never purchase anything in excess of $100 before you verify pricing with three sources. Woman Act Now