Creative Credit Course Corrections

Credit, six letters that can change your ability to do what you want when you want to do it. Most of the problems that people experience with their credit is caused by a simple lack of understanding of what it is and how it is best used. As a result of this ignorance, many people misuse their credit and end up in a pit of despair and debt that destroys the quality of their life.

The following five tips will help you to avoid common credit problems and to dig your way out of the debt pit.


Tip #1 – Be Aware of Your Debt

A lot of people get into trouble with credit products because they do not realize how much debt they are racking up. To avoid this problem create a list or spreadsheet that clearly identifies each credit product you have and what its overall balance is and what the monthly payment for each of these products is. Post this somewhere you will see it every day. Continue reading