Definition Samples from Appendix – Part 1

Be Creditwize: Tips, Tools and Tactics for Controlling Your Credit by Carol DeMarco

Definition Samples from Appendix – Part 1

Annual Fee
Credit card issuers often (but not always) require you to pay a special charge
once a year for the use of their service, usually between $15 and $55.

Annual Percentage Rate (APR)
A measure of how much interest credit will cost you, expressed as an annual
percentage.

Authorized User
Person permitted by a credit cardholder to charge goods and services on the
cardholder’s account but who is not responsible for the debt. The account displays on
the credit reports of the cardholder as well as the authorized user. If you wish to have
your name permanently removed as an authorized user on an account, you will need to
notify the credit grantor.

Questions from the Author – Part 2

Be Creditwize: Tips, Tools and Tactics for Controlling Your Credit by Carol DeMarco

Questions from the Author – Part 2

6) How long can a Collection or Judgement remain on a credit report?

7) Who is liable for a debt if there are two or more co-signors?

8) If they qualify, can a married man or woman obtain debt without their spouses?

9) How can a savings account help one’s credit?

10) Is your credit score affected if you apply for credit but do not open a new account?

Questions from the Author – Part 1

Be Creditwize: Tips, Tools and Tactics for Controlling Your Credit by Carol DeMarco

Questions from the Author – Part 1

1) What is the most important step you can take to improve your credit score?

2) What % of your credit score is based on paying your bills on time?

3) Is it best to have all outstanding credit card debt on one card and close all others?

4) For credit report purposes, when is a debt payment considered late?

5) Are all types of credit weighted equally in your credit score?

Upcoming Appearances

Be Creditwize: Tips, Tools and Tactics for Controlling Your Credit by Carol DeMarco

Upcoming Appearances

CSX – Internal Inclusion groups: AAIG, Equality Alliance, Hispanic Inclusion, Military Affinity, Women’s Network, Asian Inclusion

Women’s Assoc. of Railroad Workers

The Hispanic Institute for Life and Learning

 

READY!!!

We are finally up and running!

Thanks to ALL who have supported me during this journey.  Their encouragement is invaluable.  The book is available and now the next chapter begins.

Although the word Passion is overused, I cannot think of a better way to describe my desire to share my message of credit clarity to as many people as possible.  You will start seeing posts with book highlights, other author’s ideas as well as my upcoming speaking engagements.  Let’s get going!