We have reduced the result of a credit transaction to the two previous statements. Credit is not just a situation or a circumstance credit is a life-style. A life-style that can be richly fulfilled with the appropriate development of habits. Habits that we form from the word approved. Everyday is a new day for someone with bad credit to make it right or for someone with good credit to make it wrong. No matter what the situation consumers find themselves in, it is never permanent but consumers tend to live in the past. Credit does matter and that is the bottom line.



In the world we live in today, there is only one word that is understood in all languages. The word is credit. Mention credit to anyone and the response is "YES". Yes, I understand credit. When in reality, most only know how to pay bills by the due date and couldn't read their credit bureau report if their life depended on it.

Credit is evolving everyday to become more and more of a benchmark for our societies' worth. Many companies have given the half hearted attempt to help consumers with credit issues by allowing consumers to acquire credit. The truth is the companies are not doing them any favors. Many companies are keeping the consumer upside down on their loan because of the outrageous interest rate. Consumers are pushed into getting home loans where the interest rate will adjust in so many years and then what.....? All we are doing in our society is setting consumers up to fail if they do not keep up good credit habits. So, for the consumer with credit issues, the goal is to establish a credit worthy life and overcome any circumstance by establishing good credit habits.

The other type of consumer that has great credit, needs to pre-plan and acquire the means necessary to handle any circumstance that may arise to protect the credit status they have worked so hard to get over time. Great credit is time consuming in all regards because great credit comes with great responsibility. The responsibility to respond to any changes to their credit status immediate. For example, have you ever been charged for something on your credit card statement you didn't purchase? It could affect your minimum payment and what if you sent the wrong amount and then now you have a late payment on your credit report. IT HAPPENS! Watch out. The one idea for someone with great credit is to calculate the total monthly payments of all your bills place approximately 6 months as reserve into an interest bearing account so you get the cherry on top. Yes, you could place it into an account which will gain more but that is up to you. The end result is that the consumer with great credit has built good credit habits and will then have to take their credit worthiness to a new level by securing the credit status with reserve monies.

Credit does matter and building credit is an ongoing process that will only continue. Consumers that have bad credit or credit problems will turn to some form of credit repair. Either, doing it themselves or having others do it for them. Consumers with great credit will only need to continue to enforce good credit habits and step it up a notch by saving for those "what ifs". Ultimately, credit is life and life is credit so better credit leads to a better life-style.