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Tips for Turning Your Credit Around in 2016

Credit scores will matter even more in 2016 than they did in 2015. With the economy threatening to see interest rates rise, lenders are going to place more weight on this score than ever before. Don’t be left behind or you could find it impossible to obtain any type of loan. Those who already have bad credit are in the most vulnerable position. We’re going to show you how to turn your credit around in 2016.  Figure Out Your Budget To begin with, you must figure out your incomings and outgoings in a normal scenario. In other words, take your salary and your conventional household bills. Only then should you add on your debts. After that, look at whatever you have left. You have to change your budget until you can at least cover the repayments on your outstanding debts. Paying your bills at the right time is the cornerstone of any credit score. It accounts for at least 30% of the whole thing, which is by far the biggest proportion. Total Credit Limit For each credit card you have, […]

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Forex Lessons for 2016

As the new year is now upon us, many Forex traders are looking back and appreciating the lessons learned during 2015. This is critical for anyone who hopes to take advantage of the most liquid marketplace in the world. Failing to take such lessons to heart will inevitably result in stagnation and falling profits. Let us therefore take a quick look at some of the enlightenment that 2015 has provided and how such information can be applied during the coming 12 months. Failing to Watch the News Some traders became caught up in what is known in some circles as the “do-or-die” syndrome. To put it another way, watching the charts and the relationship between two currency pairs alone took precedent over a more well-rounded approach. Keeping up to date with the latest news at it occurs has always been one of the defining principles behind any successful Forex trader. As opposed to having to browse disparate news and information portals, CMC Markets has provided a centralised feed which can be paired directly with one’s live trading platform. This will […]

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