How to Establish or Rebuild Your Credit Worthiness + MORE Jan 13th

WILMINGTON, Del. – A group led by Hong Kong billionaire Richard Li is offering $55 million at auction for Fisker Automotive, just days after a judge rejected a private sale of the failed electric-vehicle manufacturer.
Hybrid Technology’s conditional offer includes $30 million cash and $25 million in credit for what it’s owed as Fisker’s senior secured lender. Hybrid also says at least $5.5 million will go to Fisker’s unsecured creditors.
Hybrid submitted the offer Sunday, after a judge on Friday capped its proposed $75 million credit bid at $25 million and ordered a competitive auction instead of a private sale to Hybrid.
While making the offer, Hybrid also signalled that it plans to challenge the judge’s ruling, which came after Chinese auto parts conglomerate Wanxiang Group Corp. offered $35.7 million in cash.
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The best hotel credit card in Canada (and one of the best travel cards overall) will feature a higher sign up bonus for the next little while. Normally, the Starwood Preferred Guest Credit Card from American Express comes with a 10,000 Starpoint sign up bonus but with this limited time offer the sign up bonus will be 20,000 Starpoints after you charge only $500 in purchases to the Card in the first three months of Cardmembership (used to be $1,000!). This offer will go live later today. The refer a friend bonus for the SPG card still trumps this offer at 21,000 Starpoints but that requires a $1,000 spend.Some features of the card include• Earn 20,000 bonus Starpoints® after you charge $500 in purchases to your Card in your first three months of Cardmembership. That’s enough for up to 5 free nights!• Earn 1 Starpoint for every $1 in purchases charged to the Card• Enjoy a Free Weekend Night Award when you reach $40,000 in purchases each year• Experience Starwood Gold Preferred Guest status when you reach $30,000 in purchases each year• Redeem Starpoints for Free Nights with no blackout dates at over 1,100 of the world’s most desired hotels in nearly 100 countries• Use Starpoints for flights on over 350 airlines with no blackout dates with SPG Flights• Experience once-in-a-lifetime events with SPG Moments• Get Front Of The Line®* access to tickets for some of the most popular concerts, theatre and special events• Enjoy the flexibility to pay balances in full or over time • Annual interest rate 19…

One of the most important things you can do for your finances is to find out your credit history and score, and take steps to improve your credit. But what if you have no previous credit, or some of your accounts went to collection agencies and now no one will give you credit? This is a tough situation. The good news is that there are a few steps you can take to build or rebuild your credit file.
Establishing or Rebuilding Your Credit
First of all, if you have accounts on your credit history that are in bad standing, getting them paid off and closing the account as soon as possible is a good idea. Your credit file will purge the account 6 years after the date of last activity. The sooner you get it dealt with, the sooner the clock can start on it disappearing from your credit report. The 6 year rule even applies to bankruptcies, so no matter how bad it gets, you can improve your credit over time. This is an essential step in rebuilding your credit.
One of the easiest ways to establish or rebuild credit is with the help of a secured credit card…