Credit Control Essay Research Paper Many seek

Credit Control Essay, Research Paper Many seek aid in credit control. This article is about keeping your personal debts in control. Thousands of people called USA Today?s debt buster Hot Line to seek advice on there current financial situations. The article showed some of these peoples questions and it tells the advice that was given. Some of the questions included were “How do I get that low interest rate back? How come my interest rate jumped up with only one late payment? How come my bill doubled when it went to a collection agency? And how can I get a free copy of my credit report?” I read the article and it helped me learn the tricks that these credit card companies try and pull. I never knew that my interest rates could go up when I missed one of my payments. My roommate and I were looking into getting a new house in Colorado. Upon looking into our credit history we found that it would be hard to get approved for a home mortgage. I have learned that there are companies that could help you consolidate bills and would make it easy for me to get a house. I think that I will do that in the near future. I think that a consolidation would help me get caught up with all of my payments for my motor cycle, insurance, and car payments. I think that the best way for me to control my spending is for me to cut up all of my credit cards and tell the companies to close my accounts. If I want to buy something I will pay cash for it, and if I don?t have the cash, then I won?t get it.