Posted by admin on Aug 27, 2010 in
Credit Tips Have you recently received a 0 balance transfer credit card offer? Before you sign on that dotted line, it might be a good idea to read this article. Why? There are lots of things hidden within credit card offers that may come back to bite you later.
Credit card companies never give anything away for free – this is the number one thing to remember. Thus, that great offer might not be all that it appears to be. How do you find out? Well, there are a number of ways. First, make sure to read all of the print that goes along with that offer.
While the documents that a new credit card company will send along with that 0 balance transfer credit card offer might seem rather lengthy (and they are), it is always a good idea to read them in detail. Often, credit card companies will bury important details within those contracts.
If you sign the contract without reading the print, then you will have no choice but to go along with the rules and details included in that contract. There is no rush to transfer your balance (no matter what they might tell you), so take your time to read the entire thing.
Next, be aware that you might not be able to transfer an entire balance. Even though that new company promises a 0 balance transfer credit card offer, this may not be possible. If the credit limit on the new card is lower than the amount owed on the old card, the entire balance will not be transferred.
This means that you’ll wind up with two cards to pay. In addition, your new card might just barely cover the amount owed on the old card. This means that you will have to go without credit for quite awhile. Read more...
Tags: Balance, Card, Credit, Today, Transfer
Posted by admin on Aug 19, 2010 in
Credit Tips Welcome to the age of instant gratification. We want what we want and we want it yesterday. Who has time for careful consideration and using our credit wisely when there are so many cool new toys out there?
And then, before we know it, there comes a day when we want to buy a house or a new car or a new boat. We head over to the friendly neighborhood bank to get a loan and we hear that oh-so-dreaded word…denied! In fact, the bank staff is a somewhat surprised that you even bothered asking them for a loan because you already owe $5,000 in past credit card debt. The only loan they’re willing to give you is a credit consolidation loan and some counseling sessions. Ouch!
Now, the scenario above might sound a bit far-fetched, but it happens to people every day. Many people end up in a vicious cycle of bad credit because they buy what they want when they want it. Those commercials on TV for the latest televisions, stereo systems and other shiny new toys we can finance don’t help things either. These only feed our consumer-driven desires.
Fortunately, as interest rates continue to soar, many Americans are realizing what kind of debt they’re in. They’re waking up to the fact that it’s time to get control of their financial life and to take out a credit consolidation loan. You might be wondering, “What can a credit consolidation loan do for me?” Well, if you’ve got a large amount of unsecured debt, a credit consolidation loan can pay off your debt and you can stop those collection calls once and for all. These loans are available through many avenues but your best bet would be your personal bank or credit union. Read more...
Tags: Break, Consolidation, Credit, Cycle
Posted by admin on Aug 18, 2010 in
Credit Tips 
Product Description
Frustrated By Bad Credit – Fix-It-Yourself!
Have you been denied the right to live luxurious? Have you been turned down for a new car loan or what about that dream home? Have you ever wondered why you were denied employment or been refused for a line of credit?
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Posted by admin on Aug 15, 2010 in
Credit Tips 
Product Description
There are many misconceptions about credit scores out there. There are customers who believe that they don’t have a credit score and many customers who think that their credit scores just don’t really matter. These sorts of misconceptions can hurt your chances at some jobs, at good interest rates, and even your chances of getting some apartments.
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How to Legally Improve Your Credit Score eBook **Over 100 tips**
Tags: Credit, eBook, Improve, Legally, Over, Score, Tips