Archive for the ‘Credit’ Category

Financial Statement Template for Net Worth

Monday, May 3rd, 2010

A part of reviewing your personal finance plan is calculating your net worth and debt to income ratio.

A Net Worth Statement is a list of what you own and what you owe- assets and liabilities.

A financial template helps you gather and organize information necessary to recalculate your net worth on a regular basis.  Your net worth statement is the key to monitoring financial progress and measuring it towards your specific financial goals.

Here is a template to follow to help you complete a statement to calculate your personal net worth…>more

How to Send a Letter to Creditors to Erase Accounts from a Credit Reporting Agency

Tuesday, August 18th, 2009

Individuals may need to know how to ask creditors to remove negative info from their credit report depending on the circumstances. If need to write a letter to get creditors to erase accounts containing negative info from your credit reporting agency, then…>more

letter to creditors to erase accounts from credit reporting agency, how to ask creditors to remove negative info from your credit report

letter to creditors to erase accounts from credit reporting agency, how to ask creditors to remove negative info from your credit report

Remortgage Adverse Credit

Saturday, August 15th, 2009

How to Remortgage with Adverse Credit

If you are considering a remortgage due to adverse credit you should first understand your financial risks. Adverse Credit Remortgage does have some advantages but first follow these steps to see…>more

remortgage adverse credit

remortgage adverse credit

Hardship Letter to Creditors

Tuesday, July 28th, 2009

A hardship letter should be sent to creditors explaining your financial
situation and reasons for delinquent payments. This hardship letter can
help creditors understand your current finance situation to find a resolution.

First download a sample hardship letter template to customize to your creditors or…>more

hardship letter to creditors

hardship letter to creditors

Eliminate your own Credit Card Debt

Tuesday, July 14th, 2009

How to Eliminate your own Credit Card Debt

Credit card debt elimination is a process that can entail various solutions including debt consolidation
, debt settlement, and debt management.

Depending on your financial situation eliminating credit card debt
should be the first step in salvaging your credit rating and restoring borrowing capability.

First make a list of all your card debt including credit balance…>more