Fixing your credit report and repairing your credit are two distinct processes and problems. If your credit is bad, you can implement some of the strategies below to fix a low score.

Negotiate down the amount of debt (it s easiest with private individuals). To do this, you must demonstrate the reason for falling behind. One of the tools you can use as leverage is offering something (not the full amount) rather than nothing. For example, explain why the lender should take $5,000 instead of $10,000. You can say I’m calling five other creditors today. I’m offering you $0.50 on the dollar and if you aren t interested, I’ll file for bankruptcy, (in which case they wouldn t get a nickel).

Negotiate a forbearance with credit card companies and clients with mortgages. If there was an illness, death of a breadwinner, divorce or some other legitimate reason incurring severe financial difficulty, you may have a case…

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Think you already know what this subject is all about? Chances are that you dont, but by the end of this article you will! Wells Fargo offers a revolving credit line for homeowners called Home Equity Lines of Credit, or HELOCs. This line of credit is an open-ended, revolving loan that allows future advances up to the approved credit limit.

You can use the money for home improvements, debt consolidation, medical expenses, investment opportunities, starting a business,…

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Most commonly, women seeking capital to finance their small business ventures tend to consider a loan. Loans are available for women in all types of businesses, ranging from bed and breakfasts and catering, to pet supplies and photography, to craft businesses and consulting.

Before jumping into applying for a loan, however, determine the necessity of a business loan. Turn to your written business plan, and consider the following factors…

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