North Country Business Blog

Posts Tagged ‘Finance’

We’re in the midst of the crisis was seen coming and therefore no choice but to weather the storm. Here are a few tips that, although known by all, should be collected in one article to get them out and hold the shower until the sun again … that will come out.

1. Reduce energy consumption: control the use of heating or air conditioning. Use energy saving light bulbs. Use efficient appliances with energy label class and set the dishwasher and washing machine when full. Beware the “stand by” for television, DVD or stereo, turn it off completely. Controls the consumption of water every day is more expensive.

2. In the shopping cart: Make a shopping list before leaving home. Take advantage of 2 × 1 and offers all sorts of deals. Opt for brands, you can save up to 30%. More kitchen and forget about the food at home or take away. Buy seasonal produce, are cheaper. Make the purchase after eating, hungry buy more.

3. In the car: carpool to go to work or use public transport. Leads efficiently to save fuel, used higher gear, check tire pressure every month, avoid sudden starts and hard braking and respects the established maximum speed. Grab your bike or go walking on short trips, your health will also be grateful.

Read the rest of this entry »

Is your financial history, including debts, loans, accounts, credit cards, collections, outstanding balances and more. If your credit is good it will be easier to get financing with good rates of interest and if it is bad hurt your ability to get loans and services. When you apply for credit financial institutions and lenders analyze two main factors:

* Credit report : a record of your transactions and financial accounts, loans, debts, credit cards, collections, payments, outstanding balances, personal information and credit applications. The bad financial history can remain on your credit report for seven years or more.
* Credit score : a number, usually between 300 and 850, used by financial institutions and lenders to predict your likelihood to repay loans on time. Your score low if you have too much debt or do not pay on time and your money goes if you drive responsibly. A score above 700 is considered very good. A score below 600 represents a risk to the lender and can cause you to receive a higher interest rate or your application be rejected.