Blog

in the AMB news

Recent Posts

  • Raise one hand if you’ve heard the term “Credit Score” before. Raise the other hand if you’ve ever heard the word “FICO”. If you have both hands in the air, you are very good at following directions! A little humor is good for the soul.......

  • Establishing healthy credit is attainable for everyone who desires to have it. Credit repair is an economically intelligent decision because your credit report affects everything from loans and insurance to employ-ability. Whether the blemishes on your credit report are due to inaccurate reporting or negligence......

  • When a person borrows money, the lender earns money by charging a fee. The cost of borrowing this money is known as an interest rate. Each interest rate is typically expressed as a percentage of the total amount of money borrowed. Over time, the lender......

  • Good credit is the economic reward of good stewardship. Borrow…repay…repeat. It is this very cycle that boosts credit scores into the 800’s (did you even know FICO scores could go that high?). While you may have heard about the sky scraping credit scores of others, there is......

  • If you’re reading this article, chances are that at one point or another you’ve been on the receiving end of incessant collections calls, harassing mail correspondence, threats of repossession or even wage garnishments and levies. It’s a terrible feeling to know that you’re in trouble......

  • For the most part, credit issues tend to be more common among lower income individuals. With less to spend, good money management and budgeting become paramount, but this can be difficult. When money is tight and every dollar is accounted for it can sometimes feel like money is......

  • Debt settlement describes the agreement between a consumer and a lender, financier, company, or institution to consider a debt resolved or “settled” upon payment in full at a lesser amount than what is actually owed. This is an alternative to other forms of debt management......

  • In recent years we’ve seen big name credit card companies offering some amazing perks as incentives for establishing a line of credit. These incentives range from airline and airfare credits to hotel points and more. This year, however, credit card companies seem to be reaching......

  • Summer is swiftly approaching and along with it comes the travel season. For travel and convenience, why not try something new? Your credit is precious and good credit comes with a price. One way to preserve it is to give your credit cards a rest and......

  • The world we live in relies on credit. Therefore, having poor credit can quickly make life exceptionally challenging. High profile and high paying employers often refuse candidates who fail to meet credit screening requirements. Banks resist offering loans and financing to individuals with poor credit......