These cards often offer many different things to the consumer all with no interest charged. Of course, you should make sure to read all of the fine print before you sign the dotted line and begin to shop like crazy! Many 0% credit cards only offer this rate as in introductory rate. So, you might be able to use it for the first three months without accruing interest. During this time you can take advantage and make some big purchases that you...more
Cleaning up the mess left by identity theft is time consuming, stressful, and expensive. Some people actually give up and just pay off the fraudulent charges of identity theft because it's the only way that they can improve their credit rating. Here are the steps you need to follow if you believe that you are a victim of identity theft:Step 1: Contact the Three Major Credit BureausContact the fraud departments at each bureau....more
There are four ways to fix your credit, and here they are, from worst to best: Worst: Credit Repair Services It's tempting to simply pay a company to "do the work for you," but all credit repair services (that includes law firms) have two dirty little secrets they don't want you to know. First, because they charge monthly for their service, they make more money--up to $2,000-- if they deliberately drag out the process, which is why they often take two or three years.Second, you actually wind up doing MORE work than if you did it yourself. In addition to dozens of forms, the credit repair service requires YOU to personally choose which items to dispute, how to dispute them, and you have to constantly send them information that the credit bureaus send you. Better: Follow Instructions From The Credit Bureaus. This is like the wolf instructing the sheep. The credit bureaus are NOT your friends. This approach costs nothing, but you get what you pay for. Don't do it. Better Still: Do-It-Yourself Programs (Typically A Printed Book, An E-Book, Or An Audio Program).There are hundreds of these programs available, but they're out of date. If you are very organized and have lots...more
There are four ways to fix your credit, and here they are, from worst to best: Worst: Credit Repair Services It's tempting to simply pay a company to "do the work for you," but all credit repair services (that includes law firms) have two dirty little secrets they don't want you to know. First, because they charge monthly for their...more
Auto Loan Approval Tips and Tricks Bad Credit Car Loans are so simple to do a Caveman! If you or someone you know is on the market for a bad credit car loan, your first step should receive a copy of your credit report. Care to see if everything on your credit report is actually correct. There is a good chance that you can find...more
Someone who obtained copies of his credit scores from one or all three major credit reporting companies may be surprised to find different figures. He might ask how it is possible for evaluators to assign different ratings to just one person. This query can be answered easily. An individual is rated differently depending on the type of loan he is applying for or the kind of financial transaction he wants engages in. His score as a borrower of an auto loan may differ from his grade as a borrower of money used for tuition payment. Still, his grade as a potential buyer of an insurance product may also be different.One main reason behind the varying evaluations is because the methods adopted by evaluating companies in calculating customer grades are flexible. These methods are meant to fit specific financial activities a person wants to do. Credit reporting firms operate to serve clients, such as banks, insurance firms, and other companies wanting to know certain information to decide whether or not to transact business with an individual. Banks, for instance, pay for the information provided by the reporting companies to decide whether or not to grant the loan being applied for by a...more
Many of you think graduating from school means you are done and over with report cards. Wrong. As adults, you have a new kind of report card that determines whether you will be "grounded" - credit report. Creditors use this type of report card to...more
If you are trying to consolidate credit card debt, you most likely have made the decision to pay off your debt and begin living a life without debt. This may take several years, but it will be a great relief when you attain your goal. In years past,...more
It is definitely every person's goal or desires to at some point own a home of his or her own. In addition, even as this idea is good to think of, on the other hand, there are core issues that are required to be considered. One of these...more
Availing a home mortgage loan is an easy procedure for a few individuals. These individuals probably have an excellent credit record and better track record of repaying their debts, funds for a down payment, and as much as necessary...more
In today's world, there are far too many people drowning in credit card debt. Most of them are clueless about handling the debt problems. One of the important steps you must take is stop using the card immediately. By doing so, you will...more
When you are applying for a loan, one of the first steps that a bank does is to check your credit standing. When you apply for a loan, the initial steps that the bank only check your credit. If your credit standing is fine, then there...more