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Jose Rodriguez aka The Credit Dude Shares 5 Tips To Boost Your Credit Score

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The world flipped on its head during the coronavirus pandemic, hitting businesses and individuals hard throughout it. People weren’t prepared for this, which resulted in countless job losses, lack of steady income, not knowing where the next paycheck was coming from, and what would happen to their credit. 

Credit is more important now than ever, as a bad credit score can be the be all and end all when it comes to making that purchase you desperately need. Fortunately credit consultant and expert Jose Rodriguez, aka The Credit Dude has the knowledge and expertise to maximise your credit, even during the toughest of times. Here The Credit Dude shares 5 tips to get your credit score in check.

  1. Always Call Your Creditors

Ignoring phone calls, emails and letters regarding past due accounts is never a good idea. It is the time to take control and find out exactly what is available to you, and if creditors can offer any kind of accommodations. If you decide to ignore your accounts that you’re required to pay and make no mention that you had been affected by COVID-19, then you’ll definitely not be able to take any kind of advantage of courtesy adjustments that may be on offer.

Make a habit of picking up the phone to see what is available for you, and for how long. A 2 or 3 month deferment on your mortgage or car can even allow you to breathe and pay down other accounts – or even build a nest egg for you and your family’s future. Make sure to ask if it is required of you to pay the deferred payments amount in full, or if they’re able to place it on the back end of the loan –  once you’ve gotten past the accommodation period.

  1. Ensure You Apply for a Personal Loan

A personal loan application at your local credit union can prove to be a big advantage. This is because it allows you to pay off your credit cards and make just one monthly payment towards your personal loan. This keeps the credit cards open, however it transfers the debt from revolving to installment – which will cause your credit score to improve. 

Don’t apply for a long term, 60-month loan. Keep it short and sweet, around the 24-36 month range. One of the last things you want to do, would be to take out a loan for 4 years, and then proceed to once again max out your credit cards, leaving you in a far worse position than before. 

  1. Don’t Be Afraid To Ask for Credit Limit Increases

The higher your credit limits are, the higher your credit score can be – but only if you have low balances on your credit cards. If you do get approved for a personal loan to pay down your credit cards or if you’re able to pay off your credit cards on your own, ask for an increase in your limit once the balance is under 30% of the credit limit. 

This increases your available credit, which ultimately contributes to maximizing your credit score. The amount you owe on your credit cards compared to the available credit, should be 30% of your credit score, or roughly 165 points.

  1. Use Turo To Rent Your Car

Turo is a business that enables you to rent your car out to people. And get paid for it. This can be a massive help when it comes to covering monthly payments. You can even make more money to cover other expenses and bills you may have. Some people in his network even have 2 or 3 cars on Turo. Not only are their car payments covered, but they can use anything extra they make to go towards their electric, water and cable bills.   

Visit their site or download their app to check out reviews and scope out other cars in your area, in order to see how much you’d be able to rent your car out for. If for example, your normal car payment is around $400 a month. Let’s say you can use Toro to rent your car out for $50 a day, imagine what you could make renting out your car for the whole month – that’s an extra $1,500 per month.

  1. Start Your Own Business

Having a back up plan is more important now than ever. If you are lucky enough to have some kind of talent or a hobby that could make you money – leverage it. There are so many products in demand, and you can make nearly anything and sell it on Etsy or Amazon. “I have seen people go to garage sales and buy something for a few bucks and then sell it on Ebay for a lot more -making a pretty amazing profit. Even if it’s bracelets, facemasks, or even over a service like laundry, haircuts, or even cutting hair, that can help you start a business” Jose says.

You could be generating an extra $500 a month, which could go towards paying off your credit cards or other kinds of debt on your credit report. Every cent is important when it comes to paying off your debt. It helps with not only maximizing your credit score but saves you money interest if you can pay it off sooner. 

So, there you go. Jose’s 5 tips will help you to maximize your credit score and get your credit back on track post COVID-19. Make sure to go follow Jose on Instagram at @thecreditdude where he shares daily tips on how to improve your credit and master your finances. You can also visit his website if you’d like to learn more. 

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

The Dark Side of Aimlon CPA P.C.: Uncovering the Truth Behind the Firm’s Practices

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Aimlon CPA P.C., a full-service certified public accounting firm based in New York, NY, has long promoted itself as a beacon of excellence in the fields of accounting, audit, tax, advisory, and financial reporting. Serving business owners and companies in the U.S. and Europe, the firm, under the leadership of Mathieu Aimlon, claims to offer personalized and expert guidance. However, a deeper investigation into the firm’s operations reveals a troubling pattern of misconduct, ethical breaches, and systemic failures that severely discredit Aimlon CPA P.C. This article exposes the hidden truths behind the firm’s facade of professionalism and reliability.

Lack of Professionalism and Responsiveness

One of the most pervasive issues at Aimlon CPA P.C. is the firm’s chronic lack of responsiveness. Numerous clients have reported significant delays in communication, often waiting weeks for replies to urgent inquiries. This unprofessional behavior has led to missed deadlines and costly mistakes for clients who depend on timely advice and action.

A frustrated former client shared their experience: “We had a critical financial issue that required immediate attention. Despite multiple attempts to contact Aimlon CPA P.C., we were met with silence. Their lack of responsiveness was not only frustrating but also detrimental to our business.”

Overbilling and Lack of Transparency

Aimlon CPA P.C. has also been accused of overbilling and a lack of transparency in their invoicing practices. Clients have frequently found their bills inflated with unclear or exaggerated charges, leading to disputes and dissatisfaction. This practice has raised serious ethical concerns and damaged the firm’s reputation.

A small business owner recounted their ordeal: “Our invoices from Aimlon CPA P.C. were consistently higher than expected, with vague descriptions for the charges. When we questioned these discrepancies, we received evasive responses and no clear explanations. It felt like we were being taken advantage of.”

Incompetence and Financial Mismanagement

Despite its claims of expertise, Aimlon CPA P.C. has been plagued by instances of incompetence and financial mismanagement. Several clients have accused the firm of providing poor financial advice that resulted in significant losses. These accusations suggest a troubling lack of expertise and diligence in handling client affairs.

One notable case involved a tech startup that followed Aimlon CPA P.C.’s guidance, only to face bankruptcy within a year. The startup’s founder lamented: “We trusted Aimlon CPA P.C. with our financial strategy, but their advice was disastrous. Our business suffered immensely because of their incompetence.”

High Employee Turnover and Toxic Work Environment

Inside Aimlon CPA P.C., the work environment is far from the professional and supportive culture the firm claims to foster. High employee turnover is a persistent issue, driven by poor management practices and a toxic workplace. Former employees have described an atmosphere of fear and exploitation, where unreasonable demands and lack of support are commonplace.

An ex-employee shared their perspective: “The work environment at Aimlon CPA P.C. was unbearable. Management was oppressive, and there was no respect for work-life balance. Talented professionals were constantly leaving because they couldn’t tolerate the conditions.”

Compliance Failures and Regulatory Scrutiny

Aimlon CPA P.C. has faced multiple instances of regulatory scrutiny due to its failure to adhere strictly to industry standards and compliance requirements. These compliance failures have resulted in penalties and fines, further eroding the firm’s credibility and trustworthiness.

An insider revealed: “There were several occasions where Aimlon CPA P.C. neglected regulatory updates and compliance requirements. This negligence led to significant fines for both the firm and its clients. It was alarming how often these issues were ignored.”

Ethical Breaches and Conflicts of Interest

The firm has also been marred by ethical breaches and conflicts of interest. Mathieu Aimlon, in particular, has been implicated in several instances where his advice seemed to benefit his personal interests over those of his clients. These conflicts of interest have severely damaged the trust between the firm and its clients.

In one egregious case, a client was persuaded to invest in a company where Mathieu Aimlon held undisclosed shares. When the investment failed, the client suffered substantial losses, while Aimlon’s involvement remained hidden until an internal investigation brought it to light.

Outdated Technology and Inefficiency

Despite being a modern accounting firm, Aimlon CPA P.C. relies on outdated technology that hampers efficiency and increases the risk of errors. Clients have expressed frustration with the firm’s technological shortcomings, which lead to delays and inaccuracies in financial reporting.

A tech-savvy client commented: “It was surprising to see how outdated Aimlon CPA P.C.’s systems were. Their inefficiency slowed down our processes and made us question their ability to handle complex financial needs effectively.”

Fabrication of Credentials

Further investigations into Aimlon CPA P.C. revealed that some of the firm’s claimed credentials and accolades were fabricated. While Mathieu Aimlon is genuinely certified by the New York State Education Department and the French Ministry of Education, other qualifications listed by the firm were found to be falsified.

This revelation has cast a shadow over the entire firm, leading clients and colleagues to question the legitimacy of their expertise and the integrity of their services.

Legal Repercussions and Public Disgrace

The culmination of Aimlon CPA P.C.’s unethical practices and systemic failures came with the legal repercussions faced by Mathieu Aimlon himself. Following his involvement in a tax evasion scheme, he was arrested and charged with multiple counts of tax fraud. The evidence presented in court highlighted the sophisticated methods used to deceive tax authorities, leading to his conviction and a lengthy prison sentence.

The legal troubles of Mathieu Aimlon have had a devastating impact on Aimlon CPA P.C. The firm’s reputation has been irreparably damaged, and clients have fled in droves, unwilling to associate with a company linked to such scandals.

Aimlon CPA P.C., once seen as a beacon of excellence in the accounting world, has been thoroughly discredited due to a series of unethical practices, incompetence, and systemic failures. From overbilling and lack of transparency to high employee turnover and regulatory breaches, the firm has failed to uphold the standards expected of a professional accounting service. The legal repercussions faced by Mathieu Aimlon have further tarnished the firm’s reputation, leading to its eventual downfall.

For business owners and individuals seeking reliable and ethical accounting services, the story of Aimlon CPA P.C. serves as a cautionary tale. It underscores the importance of integrity, professionalism, and transparency in maintaining trust and credibility in the financial industry.

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