Are You Credit Worthy?
Having good credit is essential in today’s world. Acceptable credit will generally get you what you want, but bad credit can be the kiss of death. If you want a house, you need a mortgage. If you want a car, you’re likely going to take out a loan. Anytime you apply for credit, the lender is going to pull your credit report to determine whether or not you are a good credit risk. Not everyone is a good credit risk—but there is something you can do to make sure you become one.
Millions of Americans have poor credit, and many are in debt because of high interest credit cards. Credit card companies often target low-income families by providing them with high interest credit cards, but they aren’t the only ones to fall in debt’s trap. In fact, one million Americans file for bankruptcy each year. Bankruptcy isn’t the answer for everyone, but there are several things you can do to get your credit healthy again.
First, make a budget and stick to it. Save money by clipping coupons, buying items on sale and not eating out as much. Don’t buy something on a whim. Go home and think about it first. Chances are you’ll never go back. Remember, buy only what you need.
The money you save can be used to pay back debts. If you have problems paying your bills, you should call the creditor immediately. If you ignore your mortgage bills, you can face foreclosure and the loss of your home. Most lenders will work with you to help you get caught up on your bills and allow you to keep your home. However, if you default on your car payment loan—even if it’s late on a given month—the lender has the option to just repossess the car. Staying on top of your debts will help you on the path to good credit.
You also want to get a copy of your credit report from one of the three major credit bureaus: TransUnion, Experian and Equifax. Your credit report includes your personal information, your accounts, your credit history and whether or not you’ve defaulted on an account. Review the credit report carefully, looking for any errors pertaining to your personal information. Also, look at each of the financial statements to determine if there’s a credit card you’ve already closed, a debt that shouldn’t be there or any other mistake. Contact the credit bureau immediately if you do spot any errors.
A lender determines if you’re a good credit risk by looking at your credit report and analyzing your credit score. Most people have a credit score anywhere from 300 to 750. Anything 650 and higher is considered good credit. Anything below means you’re on shaky ground.
Remember the key to creating and maintaining good credit is to pay your bills on time, and always call the creditor if you find yourself unable to pay the total bill to see if they can help you work out a plan to help you get back on track.
Are You a Fan of Universal Theme Parks?
When you think of going on vacation, does your mind drift to sunny Florida and a thrilling roller coaster ride? Do you love technology and movies? Then you must be a fan of the Universal Studios Parks and Resorts. Any visit to one of the parks or resorts is well worth remembering. It is a wonderful combination of remarkable visual sights, thrilling rides, and comfort and relaxation at the end of a day. Imagine getting a payback after having such a wonderful time. You can, when you use your Universal Entertainment Student MasterCard.
When you use your Universal Entertainment Student MasterCard at a Universal Park or Resort, you will be getting rewards points for everything you purchase. This includes admission to the park, the nights you spend at the resort, and any souvenirs or food you purchase at the park. Your Universal Entertainment Student MasterCard will give you 2 reward points for every $1 that you spend at the Park. There is no limit on points, so you can continue accumulating reward points and redeem them any time you wish. Like any credit card, this card is also useful for your regular life, such as buying groceries and filling up on gas. For each of these purchases you will receive 1 reward point for every $1 that you spend.
The Universal Entertainment Student MasterCard is a very unusual credit card in several ways. First, once you make your first purchase using your Universal Entertainment Student MasterCard, you will get a free movie ticket. No other credit card offers that. There are contests for card holders, in which you can win free tickets to award shows, and backstage passes to meet some of the attendees. Imagine getting free tickets to a show like the Golden Globes, or the Country Music Association Awards. You will also get notification and VIP invites for sneak movie previews, so that you will know have seen new movies before your friends do. All these are benefits of you applying for and using your Universal Entertainment Student MasterCard.
Another benefit not offered by most other credit cards is that the Universal Entertainment Student MasterCard offers free emusic. More details on how to obtain this are available on the website. There is also 0% interest for purchases during the first six months that you use your card. This means that you can buy those new DVDs that you have had your eye on, and not pay any additional charges for six months, as long as you use your Universal Entertainment Student MasterCard. So apply today!