Should you apply for a prepaid credit card or a bad credit card? Either way it doesn't matter to your acceptance, because you will be accepted for either as long as you haven't totally shot your credit by not keeping to even a bad credit card agreement. Believe it or not, some do this!Most people have lost their credit card because they couldn't keep up the payments. Most people also wish they could have a second chance, because...more
Should you hire a credit repair company or repair credit on your own? If you would like to learn which option is best for you, then read on. We will be looking at when you should hire a credit repair company and easy things you can do should you decide to repair credit on your own.Is hiring a credit restoration company right for you?I have always been a big believer in do it yourself credit repair. That being said, there are...more
Times are hard financially. Since the sub-prime market fell apart, there has been a domino effect that has trickled into the rest of the economy. The Fed tried to curtail a recession, but it hit us anyway. People are struggling with the ability to balance work and family while money is tight. There is talk that the recession is over, but it is really hard to tell what lies ahead for us.Many people are trying to capitalize on the negativity. Companies are offering ways to stop foreclosure or to improve credit reports and credit scores. But oftentimes, these strategies are to the disadvantage of the homeowner.One of the most troubling signs of abuse that I have seen lately is the way that credit card companies are preying on those who are financially challenged.Higher interest ratesIn December 2007, Congressional leaders met with credit card company executives to discuss company practices that I find unfair. Credit card companies have been raising interest rates on credit cards held by cardholders whose credit ratings had recently fallen. This higher rate takes effect even if the cardholder has not been late on the credit card in question.Senate leaders argued that the...more
The significant thing one must be acquainted with about Personal Loans for People with Bad Credit is that these loans are lent to the people with bad credit score. Most of the lenders and loan lending institutions do not grant the loan application of the borrowers if they have bad credit score. It happens because they are afraid of...more
A individual needs financial security if he or she wants to live a comfortable and tranquil life. Different people today have distinctive sorts of financial capabilities. It is also true that no two people today have the same financial requirement. Sometimes folks find it problematic to cope in particular financial situations.This is...more
Have you ever been turned down for a loan due to a low credit score? If so, then you may wish to look at your credit report. This way, you can be sure as to whether or not the information on the credit rating is 100% accurate. Hector Milla Editor of the "Best Credit Reporting Services" website -- http://www.BestCreditReportServices.com -- pointed out; “… To do this all you need to do is order a copy of the report. Once you receive it, you can take the steps to determine whether or not the report is what is supposed to be. And if it is accurate and less than stellar you can at least devise a plan for repairing it…” The way of getting a free copy of your credit score is a lot easier than most assume. Per the Fair Credit Reporting Act, all citizens have a right to see a free copy of their credit report from the top scoring agents provided you meet one condition: you can have one free report per agency per year. “… What are the main reporting agencies? The main three are Experian, Equifax, and TransUnion. All you need to do is contact each individual agency and submit the requisite form to acquire a copy of the report. This report can be sent via the mail...more
Has your credit score and credit ranking deteriorated along with the current economy? Have you been turned down for the loan you need to make a much needed purchase or make home improvements? If so, you are not alone. There are many...more
Life has its ups and downs, and sometimes we all need to borrow some money. The emergencies of life can leave bad credit borrowers out in the cold, as many banks and lending institutions refuse to loan money to those who have less than...more
When multiple credit card debts become overwhelming, a debt consolidation loan appears to provide the solution. All your outstanding balances of your cards are combined into one single loan. It seems to be simple and easy to afford,...more
If you want a free debt consultation agencies, and discover ways to reduce your credit debt.. Pay Off Your Credit Card Debt If you are overspending, the next step would be to cut cooling and heating bills. Do you need to get a free credit report...more
The importance of maintaining good credit scores cannot be overemphasized. An individual's ability to engage in various transactions or activities--such as obtaining a bank loan, availing oneself of utility services, purchasing goods via loans and...more
Credit report companies have a huge influence over a consumers' ability to transact businesses and engage in a wide array of activities. Given this, it is vital for people to know what exactly these entities do. Basically, they keep a record of...more