Tidbits® - December 2006

Credit insight from Credit.com

Welcome to the Credit.com newsletter!

Each month, this free email newsletter delivers easy-to-read tidbits about credit directly from personal finance experts. In this issue we're focusing on recovering from credit problems. We'd love to hear from you! Send an email to tidbits@credit.com with your credit questions or comments anytime!

Quick Tip

Traditional banks offer stingy yield rates on savings accounts. Why earn 1% on your money when you can earn 4.5% instead?Online high-yield savings accounts are easy to open and have no fees or minimums!

Get on the Right Track

What is your dream? Do you want to buy a home? Get out of debt? Go back to school? Credit.com is here to help you get on the right track.

In the movie, The Pursuit of Happyness, Chris Gardner is a bright and talented, but marginally employed salesman. Struggling to make ends meet, Gardner finds himself and his five-year-old son evicted from their San Francisco apartment with nowhere to go. When Gardner lands an internship at a prestigious stock
brokerage firm, he and his son endure many hardships, including living in shelters, in pursuit of his dream of a better life for the two of them.

Away from the movie screen, we all face challenges while pursuing our dreams. Having a good credit score and stable finances can make it easier for you get ahead. Our experts share their tips for making your dreams a reality:

1. Know your credit score
A good credit score can make it easier to achieve your dreams. Your credit is used by lenders, insurers, employers and more to make decisions about you. Use our free Credit Score Compass to estimate
your credit score in seconds and see where you stand.See your credit score - http://www.credit.com/r/tidbits_compass/

2. Share your dream
What is your dream? Whether you want to start your own business, improve your credit score, buy a new car or start saving for retirement, we want to hear about it. Email us your dream and check CreditBloggers.com all month long for updates.Share your dream - tidbits@credit.com

3. Make it happen
Credit.com's team of financial experts has designed free tools and articles that can help you make your dreams a reality. Click on these links to learn more about:

Getting out of debt - http://www.credit.com/r/tidbits_debt_reduction/
Rebuilding your credit - http://www.credit.com/r/tidbits_rebuilding_credit/
Creating a savings plan - http://www.credit.com/r/tidbits_saving_investing/
Going back to school - http://www.credit.com/r/tidbits_saving_investing/
Starting your own business - http://www.credit.com/r/tidbits_setting_shop/
Buying a home - http://www.credit.com/r/tidbits_buying_house/
Buying a car - http://www.credit.com/r/tidbits_buying_car/
Achieving any goal - http://www.credit.com/r/tidbits_getting_ahead/

Give yourself the gift of a dream come true! See The Pursuit of Happyness when it opens in theatres December 15 and enter online for your chance to win the Get on the Right Track of Life Sweepstakes
- http://pursuitofhappyness.pst-tech.com/

Happy Holidays from Credit.com!

Ask John

How does divorce impact your finances?

Our credit expert, John Ulzheimer, answers this reader question and more! Read his replies and submit your credit reporting question online.

Find out more - http://www.credit.com/r/tidbits_rs_vol15/

On the Blog

The mortgage industry is increasingly granting loans to undocumented immigrants. What does this mean for other borrowers?

Read more about immigrant mortgages - http://www.creditbloggers.com/2006/12/give_us_your_ti.html

Quote of the Month

Christmas begins about the first of December with an office
party and ends when you finally realize what you spent, around
April fifteenth of the next year.
- P. J. O'Rourke

Tidbits® - December 2006

About this newsletter
This information has been compiled and provided by Credit.com as a service to the public. While our goal is to provide information that will help consumers to manage their credit and debt, this information should not be considered legal advice. Such advice must be specific to the various circumstances of each person's
situation, and the general information provided on these pages should not be used as a substitute for the advice of competent legal counsel.

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