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Follow Friday: Weekly Web Roundup (9/16/11)

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Being prepared is one of the best ways to promote prosperity in all aspects of life. Credit, debt, lending and borrowing are especially important areas to do some background work for. We’ve included some smart ways to stay ahead of the curve and how to recover from unforeseen pitfalls. As always, if you enjoy any of our favorite bloggers, we encourage you to follow them on Twitter for regular updates. And don’t forget to follow Credit.com at @CreditExperts

Credit Probes Go Beyond Scores
The pre-recession process most lenders went through to decide credit worthiness was simply checking the almighty credit score. Well, that simply isn’t good enough for the new strict borrowing standards. Lenders are now painting a portrait of your credit worthiness by checking your job history, income and net worth as well as credit score. Now that you’re being examined so closely, it’s even more important now than ever to build a strong credit profile. @ajc

5 Questions to Ask Before Taking on More Debt
Debt has brought grief to millions, and toppled the mighty. Taking on more debt shouldn’t be a choice made lightly. The guidelines provided in this article are wise predictors of whether your choice to take on debt is responsible or hopefully delusional. @MarketWatch

Credit Companies are Now Required to Reveal Scores, Reasons for Denied or Lesser Interest Rates
You may receive credit card applications that offer lower interest rates than you’re actually offered at signing, or you may be denied all together. This is because although those rates were advertised to you, they were meant for those with a more attractive borrowing profile. The good news is that if this does happen, the lender is obligated to tell you how they came to that decision. This article will explain how best to move forward with your new enlightenment. @NewYorkDailyNews @JeanChatzky

6 Steps to Wipe Out Credit Card Debt
Similar to a 12-step program, but only half as long! Most people aren’t comfortable with carrying debt and some don’t know how to change their behavior. The first step of facing reality can often be the hardest, but the most valuable. You could greatly reduce your debt by following these six steps. @msn

Who Pays Fiancé’s Credit Card Debt if He Dies?
A woman wrote in while preparing for her new married life wanting to know if, should her partner pass away, would she be saddled her partner’s debt, out-of-pocket or from her home. This isn’t the easiest question to ask, but a very important one indeed. The answer in most cases is in the favor of the spouse, but lenders do have rights to attempt payment recovery from those who have passed through the assets they’ve left behind. @FoxBusiness

Image: Eva the Weaver, via Flickr.com

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