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There is no such thing as a credit score…Let me explain.

By GenRise | August 25, 2017 | 0 Comments

Let’s be honest, many Americans may have some idea of who FICO is, but not everyone fully understands what FICO does or for that matter, how they do it. FICO was founded in 1956, and was originally called Fair, Isaac and Company. They are a data analytics company based in San Jose, California that focuses on credit rating services. FICO scoring models, which measures […]

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Six Reasons to Purchase Your First Home

By GenRise | August 25, 2017 | 0 Comments

Having good credit is one of the best ways to maximize your ability to build a healthy financial future. Home ownership should be a part of that equation. Whether you see owning a home as part of the American dream or not, there are several important factors that make purchasing a home a great financial […]

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4 Steps to Getting out of Debt

By GenRise | August 25, 2017 | 0 Comments

A recent report from The Pew Charitable Trust stated that 80% of Americans are in debt. The primary areas of consumer debt are mortgages, student loans and credit cards. These types of debt can generally be thought of as either good debt or bad debt. Borrowing to secure a home or acquire a college education […]

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10 Critical Signs You Have A Debt Problem

By GenRise | August 25, 2017 | 0 Comments

There is no shortage of dialogue about how challenging debt problems are for many working and middle class Americans. According to a recent article by Money titled, “Americans Have So Much Debt They’re Taking It to The Grave,” 73 percent of the US population are not just in debt they’re literally dying in debt. Millions of families […]

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Debt Consolidation – Is it the right option?

By GenRise | August 25, 2017 | 0 Comments

​It is no secret that many Americans today are overwhelmed by some form of debt, whether its student loans, credit cards or mortgages.  In fact, the American philosophy may well be, “in debt we trust.” Many are faced with the challenge and stress of paying monthly debt obligations often on the verge of succumbing to […]

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Credit Card Debt Reduction

By GenRise | August 25, 2017 | 0 Comments

According to a recent report from CreditCards.com, 35% of consumers use credit cards as their preferred method of payment; For online shopping it is 48%. In addition, it stated that credit is the preferred payment method for most people at department stores. Given the convenience that credit cards offer it is no wonder that credit card debt […]

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How To Improve Your Credit Score

By GenRise | August 25, 2017 | 0 Comments

Improving your credit score can be an intimidating task for many. It often involves many hours of reviewing credit reports, negotiating with creditors and communicating with various credit agencies. But it’s definitely worth the time and effort. Here are six key steps that can help you improve your credit score. 1. Get hard copies of all […]

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Ways to Save Money On a Tight Budget

By GenRise | August 25, 2017 | 0 Comments

When you’re on a tight budget and things are financially limited, it becomes very difficult to save money. Here are a 12 ways that you can save money on a tight budget. Review Your Budget One of the primary ways you can save money when you’re on a tight budget is to take a good hard look […]

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