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Credit Cards For Bad Credit (21 Oct 2006) With all the confusing offers directed towards consumers with credit problems, finding credit cards for individuals with bad credit can be a confusing task.
Credit Reports (21 Oct 2006) Credit reports are, quite simply, electronic records of your credit activities. These activities can range from borrowing money to buy a car to applying for a loan or credit card or missing payments on loans you have taken. The report is generated so that potential lenders can see how you use credit and how much of it you have available.
How Credit Card Applications Can Effect Your Credit Score (21 Oct 2006) Thanks to the Internet, it has never been easier to receive and submit credit card applications. It can be very tempting to fill out all of the online forms available to you. But be careful, it could end up costing you--consider the following issues before hitting that "send application" again.
Low APR Credit Cards (21 Oct 2006) Many credit card companies use the term low APR to promote their credit card offers. But how do you know if the card you are applying for is really a low APR credit card?
Low Interest Credit Cards (21 Oct 2006) Just about every credit card ad you read touts its wares as "low interest credit cards." To determine whether this is accurate or not, you're going to have to look past the headline and into the fine print for the details. Here is some basic interest rate information to help you determine if that "low interest credit cards" are really "high interest credit traps."
Low Interest Rate Credit Cards (21 Oct 2006) There are many credit card offers that advertise a low interest rate but not all of them are necessarily as good of a deal that they want you to believe. You will have to read the fine print to determine the legitimacy of the credit card offer. Here is some basic interest rate information to help you determine if those "low interest rate credit cards" are really a "high interest credit trap."
My Credit Report (21 Oct 2006) "What kind of information is on my credit report -and how can I see it?" is a common question among people who have had trouble securing credit or loans. Basically, your personal credit report is an electronic record of all of your credit activity including recent requests for credit that you have applied for and the payment activity on any open or closed credit or loans you may have. This history is vitally important because lenders use your credit report to determine if they are willing to extend loans or credit to you.
Visa Credit Cards (21 Oct 2006) These days, major credit card brands, especially MasterCard and Visa credit cards have become more than a necessity, making living without one very inconvenient. These credit cards are not only accepted almost everywhere in the U.S. but are even required to purchase goods and services, especially travel. As a result not having Visa credit cards makes it nearly impossible to book a plane, hotel or rental car.
Tips for Using Business Credit Cards (21 Oct 2006) Business credit cards are some of the most popular. With more and more companies needing credit cards for their day to day operation, they are turning to credit cards that cater specifically to businesses. Business credit cards are perfect for the small or large business owner. They are a great way to get business discounts and deals.
Everywhere You Go, Your Credit Report Will Follow (21 Oct 2006) Ever write your name in freshly poured concrete? Years later you come back, and there it is etched for every one to read. Credit reports mark your financial history like initials cast in concrete. Credit reports are more fluid since information about you gets added through your entire life. Everywhere you go, your credit report will follow with information about:
Credit Counseling Expect More Out of Credit Counseling (21 Oct 2006) Credit counseling is more than just an agency taking a monthly payment from you and sending it to your creditors. If that were the case there wouldnt be a need for the word counseling in credit counseling.
Your Credit Score: Make the Numbers Work For You (21 Oct 2006) Your credit file is all about how you borrow money. Using a formula, credit agencies rate how well you pay back that money. Your credit score tells loan officers how you manage the credit offered to you. Your score tabulates:
Credit Score Rebounds from Little Mistake On February 13th I added a blog entry titled How My Credit Score Dropped 30 Points in One Day. This entry is a follow-up to that. To summarize the original entry, I paid off and closed my Chase credit card because they were jerking me around by raising my APR because I was paying my [...]
Smart Consumer Savings My buddy John claims that winning money is ten times sweeter than earning it. I must admit I agree with that statement. However, the problem with gambling is that the odds are never in your favor and most of us will end up on the losing end eventually. My proclamation is that [...]
For Student Credit There’s a “Perfect Storm” Looming Warning, there’s trouble ahead. There’s a strong chance that a serious batch of credit problems are headed straight for students which threaten to swamp their ability to get student loans and credit cards. A series of changes in the economy could result in student credit scores dropping more than 100 points overnight as well as [...]
Psychology to Help You Negotiate with Jerks Somebody once told me “never go to your boss with questions, always go with answers”. As I was arguing on the phone recently with my motorcycle repair shop’s jerky service manager it occurred to me that the same advice applies to negotiating with people about money , services or any other issue needing fixing. Basically, [...]
The Best Financial Advice You’ll Ever Get Ready? Here it is: Relax and take a deep breath. When faced with financial troubles remember that it’s only money, a man-made symbol of value which is traded for other items with perceived values. It’s not your life, your health, your family, your pet or anything that nourishes your spirit. It’s not always easy but if you [...]