Posted by Madeline Hedley | Posted on 06-12-2011
Before the holidays are over, many consumers will charge an extra $600, $800, even $1,000 to their credit cards. Most shoppers don’t plan for this—it just happens. Department stores tempt them with offers of retail store credit cards, two-for-ones, and big discounts …
But by the time January rolls around, they have giant credit-card-debt hangovers that leave them wondering how they can preserve their finances when they have migraine-headache-sized debt looming over them.
Though they are supposed to be joy-filled, the holidays represent a giant danger to your credit score and your pocketbook. Come
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Posted by Madeline Hedley | Posted on 02-11-2011
Rejection hurts, whether you’ve been shot down for a date, rebuffed by a 2-year-old who would rather play with her doll than you, or told “no” by a credit card company.
Yes, rejection is psychologically jarring, but it always pays to keep the bigger picture in mind. For all the “no’s” in your life, there will be plenty of times you’ll hear “yes” too. When it comes to your credit, however, you may wonder if credit rejections affect your score.
It may make you feel a bit better to know that the number of times you’re rejected for a credit card or loan doesn’t directly figure into your credit score. What does impact your
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Posted by Dakota Bonnor | Posted on 28-10-2011
So you’ve ordered a copy of your credit report to check up on your history because you’re thinking about opening a new line of credit and want to check that your credit is up to par. The report arrives and, much to your dismay, things aren’t quite as peachy as you’d hoped they would be. Late payments, a collection notice, and even a judgment on your public record round out a list of bad history in your credit file that needs to be dealt with ASAP if you want that new line of credit.
But you don’t know the first thing about repairing your credit, nor do you know how to even contest some of the information you’re seeing on file . Your next step, then, is to check out some of those credit repair services you’ve see online. But how do you tell which company is legitimately interested in helping you fix your bad credit, and which is just interested in stringing you along for a few months while they bleed your bank account dry? Follow these tips for spotting the difference between a real credit repair company, and a scam. Pay a
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Posted by Madeline Hedley | Posted on 23-09-2011
There are some things in life you never want to see, like a worm in the apple you’re eating, or a pool of motor oil on the floor of your garage.
Some things you don’t ever want to see on your credit report, either. Here are five of them, and what you can do if they do show up on your report.
1. Bankruptcy – In this economy, more people are dealing with bankruptcy. There were more than 1.52 million U.S. bankruptcy filings in the 12 months leading up to June 30, 2011, according to www.uscourts.gov. If your best efforts to avoid it fail, bankruptcy will remain on your credit report for up to 10 years. Your
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Posted by Madeline Hedley | Posted on 25-08-2011
Improving your credit gives you a new lease on some of the very crucial aspects in your life. Everyone desires great credit so as to get housing, vehicles and other things. If you’re one of the many who’ve credit troubles that need to be dealt with, there are a few things you can do to boost your credit. Here are some of my best credit repair  pointers on how to boost your credit.
1. Do your research and be conscious of your rights. There are laws shielding you regarding your credit. Make sure to be familiar with them so you could improve your credit report.
2. Test your credit history continually and identify the layout and discover if it’s right. There are
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Posted by Madeline Hedley | Posted on 20-04-2011
When speaking of bad credit, many people instantly think about secured credit cards as the perfect tools for repairing damaged credit. But did you know that there are credit card issuers today that offer unsecured accounts for people with bad credit? Yes! This special type of bad credit credit card is called unsecured credit card for bad credit.
As the name suggests, this type of credit card is offered for people who have a poor credit score, bad credit history, or no credit history. Nevertheless, unlike a secured credit card, an unsecured card does not require a cash security deposit. Read more…
Posted by Madeline Hedley | Posted on 14-04-2011
Finding a credit card when you have poor credit history can be a challenge. Many credit card companies advertise low APR, minimal fees, and great rewards but upon closer look, you’ll discover that these credit card deals are only for people with good to excellent credit. Does this mean you have run out of options? Certainly not!
It is comforting to know that having bad credit does not need to be a hopeless situation. A low credit score is something which can be improved and you can start by acquiring a credit card that is especially designed for bad credit.
There are many types of bad credit credit cards in the market and choose one that is most suited to you. F
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