Credit

Today I searched the net to find out more about credit, and guess what? There is precious little out there about how it all works. What precious little I did find I will share with you here.

The first consensus you will find is absolutely get your free annual credit report! There are three agencies that you will recieve a report from they are Transunion, Experian and Equifax. Be sure to check all three as they may have different information on each of them. This is important because you may have inaccurate data in your report and you will want to clear it up on all credit reports. You can have things removed from yours and will want to follow the guidelines for each company.

Beyond that the whats and whys of the credit score are like Fort Knox. A guarded government stronghold! Here is the breakdown of what can affect your credit score.

1) Past due bills such as electric and cell phone
2) Amount of income to debt
3) Amount of available credit ie.. the 5000.00 credit card that has no balance
4) Number of times you have applied for credit
5) Bankruptcy
6) In some states public record such as child support or court judgements

And I am sure there are many more that I have yet to discover. The bottom line is this if you are thinking of buying a car or a new home you need to check your credit before they do, then clear any errors. A raise in your credit score of even 30 points can significantly reduce the interest rates you may incur.

WARNING: NEVER use the "credit repair" scams! They are illegal and many times will take your money and leave you with little change in your credit.

Archwy-Driveline Information Update

I have now been employed with Archway for about a month, they continue to be fair to work with. I recieved my first full check and it was nearly 300.00. Not bad for a part time job, you have to remember that your maximum allowed hours are 20 per week. All in all I am satisfied with this as a start. The monetary potential is still better with certified but you have the issue of taxes to consider, so it balances out.

In short if you are looking for a part time income with a very flexible schedule then merchandising with Archway could be the place for you.

Social Networking and Money

With all the people who are on sites like Myspace and Facebook you would think that a similar site that actually pays you to post comments and stuff would be extremely popular. Not so it seems, I have been on a little site called Mylot for several months now and the population is growing slowly, so I thought i would help them along a bit by sharing with you what I think of the site and the money potential.

You will not be able to replace a regular income here unless your fingers are lightening on the keyboard and you have 25 hours a day to post, so unless Superman is reading this post I am gonna say hundreds of dollars per week is unreasonable. But if you like to write and have opinions you could make some extra change as well as find a new friend or two. When you think of work at home you do not generally think of chatting with friends however this is exactly what you can do here. Plus you can use your profile there to place links to your blogs or associated content and increase your page views therefore increasing other income as well.

All in all I have found Mylot to be enjoyable and very often informative. I have reached my payout once so far but have noticed that my earnings are increasing faster this month, probably because I have many friends and discussions are getting more views. Go and check them out, it is free to join with no strings attached and hey you might make a few dollars in the process.