As obtain and keep your credit in our days there are many reasons to make use of the credit. The possibility of carrying a plastic instead of a lot of airline card is very convenient without fail to consider the reason more obvious, which is none other than the fact that it is increasingly more difficult to live in today’s society without antecedents registered on networks that control the use of the credit. No doubt the credit cards are necessary for, for example: book hotels, rent vehicles, shopping by catalog or over the phone. In some places it is necessary to have a credit even for power card rent videos, not to mention the indispensable that it is having a good credit if it is to obtain a loan in cash, with a reasonable interest, with destination to the acquisition of a car or a House. Credit cards also offer a sense of endorsement or security because attributed to them that they have the power to resolve situations of emergency, as unforeseen illnesses, accidents or urgent making costly repairs. Unfortunately along with these advantages coexist some disadvantages because since to offer a sense of security it induces the individual to not rely on personal savings to cover emergency situations.

The good use of the credit demands of who owns the consideration of some essential points: purchases on credit may be considerably more faces due to the payment of interest and extra costs when the balances are not canceled in time and manner, without disregarding that holders of credit cards at risk of being exposed to scams and frauds if they lost them or be copied them your account number. Having a certain buying power can lead to the temptation to fall into the overdraft creating a situation compromised in the future, whenever we enter on a slope in the relationship ingresos-egresos, redshift of maturities not covered costs could seriously compromise the family economy, They generally entail with the consequent conflicts that situations of this kind. The granting of a credit is governed by what is generally known as the five Cs of good credit, they are: * character: are you a person who pays their bills on time? Capital: does have enough income or net worth to shrink debt payment capacity: are you a stable person?? Are your income and your employment secure enough guarantee the payment of your debt? Collateral: Do have assets or real guarantees that ensure the collection of your debt? Conditions: the current situation on the market and the economic governance of the Government have altered the economic-financial balance to the point that the increase in interest rates would do because you saw it unable to pay its debt as it was established? These five Cs are fundamental principles that are easily verifiable by credit institutions, if a person does not possess a credit history, must begin to demonstrate the qualities that could encourage potential creditors to grant credit you are requesting. The maintenance of a good image will be essential to gain access to the undeniable benefits of the system, but should take into account that financial stability, requires a serious and responsible behaviour, should be considered very seriously some of its basic principles: saving capacity (spend less than income) plan investments, such as housing, education, health, and avoid falling into the clutches of consumerismespecially in times of crisis it is important to know how to separate what is vital from the trivial. Hugo w.

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