Managing credit card debt without losing your mind can be quite a challenge. This is especially true these days, when finance companies are arbitrarily reducing credit limits, cancelling cards, imposing preposterous fees, and increasing interest rates, often without notice. The reason for the erratic actions of the finance companies is entirely due to the current downturn in the economy, with so many people losing their jobs and...more
Paying off credit card debt can be a daunting task, especially if you have a lot of it. With your cards maxed out and suffering from the indignities of late fees and over-limit fees, it can seem as if there is no way out of the black pit of debt, especially if you are only paying the minimum monthly payments. Unfortunately, getting rid of this debt is a burden for many Americans, and lots of them are having trouble making ends meet...more
Credit card companies devise a number of ways to make money off of their card holders, here are just a few examples:1. They offer you an introductory interest rate of 6-10% and then spike the interest rate to over 20% with barely any notice.2. While you are being charged 15%+ interest on every purchase you make monthly, you will likely still have to pay various fees. Inactivity fees and yearly fees are common.I could go on and on but you get the picture. Thankfully it is very possible to make that piece of plastic worth its wait in gold. Here is how:1. Pay off your monthly balance during your grace period. This should completely exclude you from paying interest whatsoever. Meaning you get money interest free!2. While following the advice listed in step #1, spend less than 30% of your maximum credit line monthly. Meaning, if your credit card allows you to keep a $5,000 balance, keep your balance less than $1,500. This will do wonders for your credit score. If your credit score is currently under 700 responsible credit card use is a great way to raise it. It is difficult to qualify for a mortgage or auto loan without an above average credit score.3. Be sure to hold just...more
With the controversy these days over interchange fees (the fees merchants pay to accept and process credit cards), is it wise for a merchant to take credit and debit cards? Or would their business be better off without them?One thing for sure - if all card processing does is add new expenses to a business - why bother to take them?...more
Once your credit score gets tainted, then it becomes quite a challenging task to overcome the hassles. Most important of all, you tend to loose your financial freedom, which severely curtails your ability to fulfill the various needs and demands. Moreover, owing to the negative credit profile, the lenders are a bit reluctant to offer...more
Have you already exhausted your salary? Are you looking for instant money? If the answer to these questions is yes, short term installment loans bad credit is the solution. Now do not worry about any of your financial needs. You can avail these loans to solve any of your emergent expenses. These are basically the short term payday loans which provide you money until your next payday i.e. you need pay back the money on your very next payday.With the help of these short term installment loans bad credit , you can borrow an amount ranging between $500 and $2000. This amount can be used freely as per the borrowers requirements. Get your air conditioner repaired, buy a new washing machine, pay school/college fee of your child, go for a holiday or even spend it for emergent medical expenses. A payday loan does it all.The people who are looking for such loans need to fulfill a basic criterion. The conditions that are needed to be fulfilled are as mentioned below:You must be an adult of at least 18 years of ageYou must be a permanent U.S. ResidentYou must be employed at least for the past three months with a minimum salary of $1000You should have a permanent bank accountIf you have a...more
You need to undertake a surgical operation. However, if you have a negative score in the fiscal market and need funds to support the same cause, you can opt for bad credit surgery loans. These finances offer conveniences that can change...more
Most of the people, who face credit crunch, face two types of difficulties. Firstly, you require a loan urgently to meet all your outstanding obligations. Secondly, you have a bad past credit record that doesnt let you get loan easily. But now you...more
Many people are tested financially on a daily basis. Some may pass with flying colors but some will need monetary support to get them through the rest of the month despite the fact that they have a bad credit background. Unsecured loans...more
Do you have unfavorable credit score? Need instant financial support to fix unscheduled requirements? Feeling hesitate in applying for a loan with imperfect credit status? For such purpose loans no credit checks can be a beneficial funding solution...more
As a result of credit unions being legally limited to charging a maximum interest rate on bad credit payday loans of eighteen percent other lending companies businesses and individuals can charge the abnormally high annual percentage...more
It is true that a major part of everyone's life is the capability to accumulate debts. Especially in our world today, a lot of people fall prey to debts because of the initial convenience it affords to charge expenses to a credit card,...more