Divine Direction Inc Consulting

Self-Care Tips for Your Money, Mind The phrase self-care is heard everywhere, making it easy to overlook, but it should definitely be a point of focus in your life. Attending to our emotional, physical and mental needs serves as the foundation of self-care. But it doesn’t stop there; managing our home and finances are integral in the self-care equation, too....Continue reading

Your credit It can be helpful to think of your credit scores as a pie that represents your financial well-being. Your pie is divided into slices, each of which represents a different factor that goes into your credit scores. One large slice is your open credit card utilization rate, another is your percentage of on-time payments, another is the length of your credit history and yet another is the number of derogatory marks on your credit reports.... And then there’s a tiny slice that represents your hard credit inquiries. Every time you apply for more credit, you take a small bite out of this slice. But what exactly is a hard inquiry, how does it differ from a soft inquiry and how much of an effect does it really have on your credit?

How to build credit when you're just getting started After you finish high school or college, when you're developing your financial independence, you'll probably have several essentials on your to-do list: find a job, rent an apartment, maybe buy a car. But one often-overlooked item can be a prerequisite to all of the others: Establish good credit. As you get your life together, landlords and potential employers are likely to review your credit report, and lenders will check ...Continue reading

Why Your Credit Scores May Have Dropped If you've noticed a drop in your credit scores, some common reasons might explain why: 1. You Have Late or Missed Payments...Continue reading

Churning Can Have Many Credit Impacts Given that many of the most valuable signup bonuses are generally offered by cards that require you to have at least good credit to qualify, you need to start out your churning career with a decent credit score. And since a credit score in the 700s range can usually rebound quickly from the impacts of a hard credit inquiry and/or new account opening, credit card churners can typically maintain a good credit score with responsible card use...Continue reading