When you are working to fix your debt problems, you should also be concerned about your credit score. Both are essential and finding the right consolidation agency is the key to getting out of debt, without damaging your credit. Debt consolidation agencies specialize in getting you out of debt using low-interest consolidation loans. They may also offer other services that can help get you out of debt and keep your credit clean....more
When shopping for a car, buyers have a lot of options. Buyers can visit local Dealers and view new and used inventory. They can look online and see auto auction sales websites. One of the places many people forget to look is their local Banks or Credit Unions. Buying from a Bank of Credit Union has many advantages. First you don't have to pay a commission or fee. Essentially you are buying from a "private party". Eliminating the...more
In order to survive today's competitive climate among credit cards for bad credit, banks have resorted to increasing their schedule of fees. To curb the number of unfair practices towards people with financial problems, law makers are currently working on passing legislation for 2010 to protect the consumer. In spite of this protection, it's important for you to understand the terms of your card. Falling into the pit of constant over-limit fees can make you a slave to never ending debt.Outrageous Over-Limit FeesDo you know the limits on each of your cards? If you don't, now is a good time to find out. Whenever you incur charge over your limit, the bank assesses an over-limit fee. Recently, banks have raised over-limit fees to as high as $39. Some have even tiered their fees to increase when your balance exceeds $1,000.All It Takes Is OnceWith banks who offer credit cards for bad credit, you'll find it almost impossible to waive these penalty fees when you exceed your cards limit. Cards with a low limit can easily set you up for an over-limit trap since it doesn't take many charges to max out your account. If your balance is already near the maximum, all it takes is one...more
Credit reports are not spared from human error. Those who are preparing your credit report can make a mistake and this can be the reason for your creditor to deny your application. If you have been denied an application for credit, immediately check your credit report using your free annual credit report. Find out if there is a glitch in your...more
Santander card's recent study has uncovered some surprising figures detailing the changing borrowing habits of UK residents. A total of 3.2 billion pounds will be redistributed on to new credit cards in the first quarter of 2010. Avoiding interest with 0% credit card deals by moving money between cards has become increasingly popular,...more
Not only has the national economy faltered, but the liabilities of American homes have reached new highs. It's thought that every American has six credit cards on average and has sustained more than $8,000 worth of credit card debt. With this sort of debt, and paying only minimum payments, it would it would most likely take more than two decades to repay the average credit card. No wonder there are millions of American's seeking credit support services or looking for any means of debt relief. Mastercard companies are quite the sticklers and with them you are caught in a perilous vicious cycle of high IRs and never ending minimum payments of not used properly. Visa card debt is on of the hardest sorts of debt to get out of once you are in trouble. It would be easier to loose weight, quit smoking, or teach a moggy to swim if you attempt it on your own. It's possible to get out of debt by yourself, but it is much easier when you work with professionals who know the ropes and can get you the help required. however , there are 10 steps you can take right now to get debt relief. You need to, must, must resolve to spend less than you make. Make it a routine to know what's in...more
Becoming financially stable begins with paying off your debt, but sometimes this is easier said than done. Debt can be very overwhelming. It is the first thing you think about in the morning and the last thing you think about at night. It is this...more
After my husband graduated from College he was offered a job at the local credit union in Massachusettes where we were living. He quickly became a big supporter and we had to transfer all our money. That wasn't much of a transfer as we were newly...more
Credit cards have become so much apart of our lives that we'd be completely lost without them. Not all people are this way but for those of us who are we know just how dependent these things make us. You need to be able to pay that credit card debt...more
In the credit cards universe, getting a higher credit limit is often one of the biggest things you can wish for. After all, you can afford to purchase more expensive things.However, it is also very important to remember that higher...more
I'm getting ready to move from the west to the Massachusetts/ New Hampshire area, and the credit union I have here is not located on the east coast. Consequently, I will need to determine where I will do my Massachusetts banking. Should I go with a...more
Despite the potential pitfalls involved with bad credit lending, these loans, if paid on time and as agreed, can be used to improve credit and make future borrowing easier. Car loans generally involve less financial risk for both lender and borrower...more