Admin Manager - Saturday, December 30, 2017
The moment you find yourself struggling with bad credit and want to repair it, you may want to look into obtaining a debt consolidation loan. But you may be wondering... If you have bad credit, how in the world will you be able to get a loan?
That’s exactly what debt consolidation loans are for – to help you repair bad credit and eventually get yourself back on the road toward a positive credit score and a solid credit history.
Basically, debt consolidation ..
Admin Manager - Friday, November 24, 2017
If you have way too many lines of credit or several big debts, you make a worse credit risk because you are close to “overextending your credit.” This means that you may be taking on more credit than you can regularly pay off. Even if you are making payments comfortably now on existing bills, lenders already know that you’ll have a harder time paying off your bills if your debt load grows too much.
The higher your debts are the greater your monthly debt payments ..
Admin Manager - Wednesday, August 30, 2017
It is easy today to apply for a store credit card that you forget all about in a few years – but that account will remain on your credit report and affect your credit score as long as it remains open. Having credit lines and credit cards you don’t need makes you seem like a worse credit risk because you run the risk of “overextending” your credit.
Having many accounts you don’t use increases the odds that you will forget about an old account and stop ..
Admin Manager - Wednesday, July 26, 2017
Few people know that when someone takes a look at your credit report that inquiry is noted. Having a lot of inquiries on your report, may show that you’re shopping for several loans at the same time – or that you previously have been rejected by lenders. Both make you appear a poor credit risk and can negatively affect your credit score. Therefore, it is recommended that you’re careful about who looks at your credit report. In case you’re shopping for a loan, show ar ..
Admin Manager - Monday, July 17, 2017
People believe that having no credit cards, not owing money, and, basically, avoiding anything related to credit will improve their credit score.
Well, the opposite is the truth - lenders want you to show them that you can handle credit, and, of course, the only way they can notice is if you have credit that you handle correctly. Having no credit at all can be worse for your credit score than having a few credit accounts that you pay off conscientiously.
So, if you currentl ..
Admin Manager - Sunday, July 09, 2017
By simply paying your bills on time you’re already improving your credit score. That sounds ridiculously simple but it really works, because paying promptly shows lenders that you take debts seriously.
Paying your bills on time increase the odds of you making the payment on a new debt on time as well, and that is definitely something a lender is interested on. In fact, according to experts, up to 35% of your credit score is based on how often you pay your bills on time, this easy ..
Admin Manager - Tuesday, October 25, 2016
During the days when the Federal Bank interest rates were at its lowest, back in 2002 and 2003 to be specific, countless credit card providers offered 0% APR credit cards to many consumers. Needing only to pay the outstanding balance, smart consumers were able to charge credit cards up to their limits without incurring monthly interest charges. The question that some people were asking when these cards were at their peak of popularity was this: how do credit card providers make money off of this ..
Admin Manager - Tuesday, October 11, 2016
With the numerous credit card options available today, you can use plastic to pay off debt and save money at the same time. Using a credit card to get rid of debt, rather than rack it up, may sound strange but it is possible with 0% APR credit cards. All of the major credit card companies offer 0% APR credit cards - they are a great way to save hundreds, even thousands, of dollars on interest. If you use them wisely, 0% APR credit cards will help you get one step ahead in the credit card world. ..
Admin Manager - Tuesday, October 04, 2016
0% APR credit cards: a tool to eliminate debt.
It is interesting to note that what started off as a marketing gimmick has now become an almost permanent part of the credit card industry in America and today 0% APR credit cards can, in fact, play a significant role in helping a person reduce or get out of debt.
What is a 0% APR credit card?
APR is the annual interest rate known in the industry as the “Annual Percentage Rate”. It is a reflection of the cost of credit. In ..
Admin Manager - Tuesday, September 20, 2016
In today's economic situation, everything is getting more and more expensive and this is why people go to any lengths just to save money. Some people try to save money by purchasing cheaper goods and some try to save on utility expenses like electricity, gas, and water.
Credit cards are one of the most popular ways to purchase goods and services. They can even be used to pay your utility bills. With a credit card, you don't have to carry a lot of cash in your wallet to purchase the thi ..