„…Finances reflect economical relations, formation of the funds of money sources, in the process of distribution and redistribution of national receipts according to the distribution and usage“. This definition is given relatively to the conditions of Capitalism, when cash-commodity relations gain universal character; „Finances represent the formation of centralized ad decentralized money sources, economical relations relatively with the distribution and usage, which serve for fulfillment of the state functions and obligations and also provision of the conditions of the widened further production“. This definition is brought without showing the environment of its action. We share partly such explanation of finances and think expedient to make some specification.

Scientific works in the theories of finances and credit, according to the specification of the research object, are characterized to be many-sided and many-leveled. The definition of totality of the economical relations formed in the process of formation, distribution and usage of finances, as money sources is widely spread. For example, in „the general theory of finances“ there are two definitions of finances.

The next step after acquiring secured credit cards is to try to apply for high risk loans. But before you do this, you need to carefully contemplate that you can pay for the monthly installments. If not, then do not do this because it would only trigger more negative factors for your credit score. If you are successful in acquiring a high risk loan like a car loan, for example, the credit bureaus and FICO scoring program will take it as a plus factor for your creditworthiness. However it shouldn’t quit there; you need to pay for the monthly installments on a regular basis and timely as a way to keep your credit scores moving up.

Now that you’re actively utilizing and often paying your secured credit cards, do not be surprised when you commence receiving pre-approved unsecured credit cards or the traditional ones that have lower interest rates. Okay, so you’ve been approved for the new credit card applications. Now what? Should you go into shopping spree and max out your credit limit on every 1? No!

V. M. Rodionova has a different position about this subject: „real formation of the financial resources begins on the stage of distribution, when the value is realized and concrete economical forms of the realized value are separated from the consistence of the profit“. V. M. Rodionova makes an accent of finances, as distributing relations, when D. S. Moliakov underlines industrial foundation of finances. Though both of them give quite substantiate discussion of finances, as a system of formation, distribution and usage of the funds of money sources, that comes out of the following definition of the finances: „financial cash relations, which forms in the process of distribution and redistribution of the partial value of the national wealth and total social product, is related with the subjects of the economy and formation and usage of the state cash incomes and savings in the widened further production, in the material stimulation of the workers for satisfaction of the society social and other requests“.

Many will give advice to challenge every negative item on your account. Unless you only have one or two black marks, do NOT do this! First of all, it will set off a red flag. If your requests get marked as frivolous, then not only will legitimate problem accounts not be removed, but they can prevent you from challenging in the future. This means if you have a negative account that hits the 7 year mark and should therefore be removed, but isn’t, you have no way to get that black mark removed even though by law that’s your right. If there are one or two accounts you do question, do ask for evidence of these late charges. That’s the key. Don’t categorically deny that this is your debt, but ask for evidence. If the company doesn’t respond in a timely manner, the challenged mark is removed. But never challenge more than one or two accounts at one time unless there is an actual concern of identity theft.

Frank Miller has a Debt Consolidation Blog & Finance, these are some of the articles: Aquire Success With These Forex Trading Tips You have full permission to reprint this article provided this box is kept unchanged.