It is very important to understand how your credit affects your ability to make purchases. Bad credit can affect your ability to make major purchases including a home or a vehicle. In some cases, it can prevent you from gaining employment. We have all heard of businesses that tell you bad credit isnt a problem. However, that is not the reality of the situation. While they might be able to get you financing, you will pay a much higher interest rate due to having bad credit.n…
Read MoreEliminate Credit Card Debt
At this time many people have come to represent a social status, in essence many people believe that by dragging out their credit card upon making a purchase, they somehow are signifying their status within society.
Read MoreDoes Bad Credit Affect Applications For Mortgages?
Bad Credit is another way of describing a negative credit score. A credit score can be either good or bad and is used by lenders to determine whether you are likely to be able to keep up the payments on something like a mortgage.
Read MoreCredit For Young People: Establishing A Credit History
If you’re like me, a teenager or young adult, just getting started in the big wide world, getting credit can be tough. Most creditors want to see a solid credit history before they give you a loan. They seem to be as clueless as I am as to how to get a credit history. After all, how do you get a credit history when you have to have one to get credit? Duh!
Read MorePay Off Your Debt In Just A Few Years
Are you tired of watching your debt grow month after month? Do you realize how much you are paying in interest over the years to the companies you have credit cards with? Weve all done it and sometimes it feels like theres just no way out of the credit trap. Ill share how you can start paying off your debt rather quickly by taking small steps and sticking with the plan.
Read MoreReducing Your Unsecured Debt
A recent survey showed that more than 2 million people in the UK had unsecured debt of more than £10,000 (approximately $16,000). As you can imagine most of this debt is held on Store and Credit Cards, which are quite often the most expensive form of unsecured debt an individual can acquire.
Read MoreHow To Design A Website If You’re A Novice On The Internet
Internet novices are confused about how to build a website and here are the four methods.
Read MoreThe Nightmare Of Credit Card Debt And How To Beat It Through Debt Consolidation.
Credit card debt is a much discussed topic in the commercial and social circles. A big section of the population has been bit by this bug called credit card debt. Cant blame them much; as such, its pretty easy to fall prey to this bug.
Read MoreDebt Relief Part 2
Are you swimming in debt? Would you like to find a way to get of debt and stay out of debt? Read more if you answered yes to either of these questions. Help is just a click away.
Read MoreHome Equity Loans Versus Consumer Credit Counseling for Debt Consolidation
With the recent bankruptcy reforms, some consumers might turn to consumer credit counseling to get out of their heavy debt. But, do not forget one of your biggest assets is the home in which you live. While consumer credit counseling does work for many people, some mortgage industry experts think a home equity loan could erase your debt faster and improve your credit almost immediately.
Read MoreConsolidate Bills – Stretching Your Budget When You Lose Your Job
When it seems that your debt is piling up and you owe money to several different credit cards, then consolidating bills is a wise decision. Minimum payments can add up and if youre only paying the minimum, youll never get anywhere. When you decide to consolidate your bills, you make a decision to take a first step to getting out of debt.
Read MoreWhy Mortgage Rates Rise When the Fed Cuts Rates
Short term loans like car loans, credit cards and home equity loans are automatically lowered with Federal rate cuts because they are based on the Prime rate.
Read MoreIncreasing Problem Of Credit Card Identity Theft
redit card identity theft can be a very costly problem. In todays world of increasing credit card usage, it is no longer a rare instance where a criminal may be able to make use of your credit card for his own gain.
Read More3 Ways To Get The Lowest Rate On Your Home Equity Loan
Home equity loans are relatively easy to get, even if you have bad credit. Because you are putting your home up as collateral, lenders tend to be more willing to give you money. From a lenders point of view, it is a low risk situation. Chances are, if your home is on the line you will make repaying your loan a budget priority and if you default on the loan, they will get their money back in the form of your house. With all of the lenders out there wanting to give home equity…
Read MoreBeware Gambling Can Increase Your Debt Problems
Are you the type of person who likes to take a gamble from time to time on things such as the result of a horse race? Would you say that you have an addiction to gambling? Do you lose more money than you win when gambling? Are you in debt? Are you hoping to reduce your debts by gambling? In this article, I write about a friend of mine who tried to gamble her way out of debt, however she was not successful and ended up with an even bigger debt problem.
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