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Balancing The Benefits Of Reward Programs Against Credit Card Costs
0 APR credit card APR, cash back and optional rewards etc. are
several reasons for any one to opt for a good credit card. They
are also a useful and a smart way to meet ones financial needs.
Most of the credit card companies offer most attractive...
Finding and Getting Bad Credit Loans
If you don't know where to turn for bad credit loans, you're not alone. Thousands of people struggle with their finances month after month, weighted down by a credit rating that they don't know how to fix. Bad credit loans can be found in several...
Free Credit Reports - How to Maintain Your Credit Profile
Maintaining your Credit Profile
Every consumer should be maintaining their credit profiles to ensure the highest scores possible. To do so, you must first order your credit reports from the three major credit bureaus: Equifax, Trans Union, and...
How To Repair Your Credit Report
A credit report is run on a buyer when he or she needs to buy something that will take a long-term loan, such as an automobile or a house. The credit report can come from one of three agencies – Equifax, Experian, and Trans Union. Each of these...
Mortgage and credit card companies under the spotlight on consumer charging
For the first time since May 1996 reports have indicated that wage increases have risen faster than house price inflation. According to Nationwide, "The overall picture remains one of a gently softening market". The signs indicate that the housing...
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Avoiding Declines by Repairing Credit
Sorry you are declined...Have you ever heard this before when
you went to apply for a loan or a credit card? If you have, this
means that your credit files has some negative reports and it is
time to clean up your act. Credit files are a report that
contains your credit score and history.
Three major companies hold your files and allow others to view
them when you apply for a loan, credit report, job, apartment,
and so on. If that report or file has negative results you will
hear...sorry you are declined. If you are declined then it is
time to get started to rebuild your life. Credit bureaus obtain
their information about you from all creditors that has done
business with you.
If you missed payments, ignored payments, or else simply
overlooked payments the reports are sent to TransUnion, Equifax
and Experian for review. Once the bureau's has found negligence
against you, your credit scores are immediately dropped. The
lower your score means that you have fewer chances in life to
get a loan, credit card, apartment, insurance, and so on. The
higher your score means that you have opportunities to buy a new
car, get a home mortgage loan or a major credit card from any
source practically.
The outlook for bad credit ratings then is something we want to
reconstruct rather than ignore since it means our respect is in
jeopardy. Many people around the world are filing bankruptcy,
consulting with debt management programs, counselors, and other
resources to find a solution to get out of debt. The fact is
these people are adding problems to their lives. When you apply
for bankruptcy this stays on your credit file for 10 years and
in some instances fifteen years. If you consult with debt
management agencies or the wrong debt management counselors, you
are only adding expenses rather than deducting bills.
The law provides us a degree of protection, but the total
outlook is that when we have bad credit we are walking on pins
and needles for the rest of our lives unless we clean up our
act. Bad
credit can lead to judgments against us, lawsuits,
foreclosures, repossessions and so on. When we have bad credit
we are subject to become homeless, broke, hungry and then some.
The key then to success is to find a solution that works best
for us. If you are working or even on Welfare or Disability it
is possible to reestablish your credit. The first thing you have
to do is make sure your living arrangements, vehicle, living
necessities and so on are in accordance with your income.
If you are spending more than you are making the chances of you
getting out of debt will decrease. On the other hand, if you
monitor your income and spend within your means you may find a
solution to get out of debt. You might also want to look into
part-time jobs if you are on Welfare of on Disability. The
sources allow you to make so much money each month. You will
still receive your checks with a little less income, but for the
most part, it is a step in the right direction since you will be
getting back on your own two feet. In addition, if you are
working and making less than what you are worth you might want
to find a higher paying job that could benefit your future.
There are many options available to building your credit.
If you have a vehicle that is costing you more than you make,
you might want to consider selling the vehicle and purchasing a
used car. Used cars when maintenance is kept often last and are
less expensive than newer vehicles. If you are paying more than
you make on Mortgage you might want to consider selling your
home, paying off your debts and work toward restoring your life.
To avoid declines it is important that you find a solution to
repair your credit. Relying on others has proven in most cases
to be nothing more than a waste of time. Therefore, the solution
is finding what works for you.
About the author:
Tony Robinson is a business owner with vast experience in all
facets of Credit and Credit Repair - for further tips and
techniques visit http://www.officialdebtfree.com
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| Credit Reports - Credit Cards - Car Loans - Home Loans - Credit.com |
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| Equifax Personal Solutions: Credit Reports, Credit Scores ... |
| National consumer credit reporting company that offers credit reports, FICO(R) credit scores and identity theft protection products to consumers and small ... |
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| The FTC's web site on Credit |
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| www.ftc.gov |
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| Federal Trade Commission - Consumer Credit Center |
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| AnnualCreditReport |
| Site set up by the big three credit reporting agencies in the United States, to furnish free annual credit reports, as required by federal law. |
| www.annualcreditreport.com |
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| Springboard - Non-Profit Consumer Credit Management |
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| Experian: Free Credit Report and Credit Score, Credit Check ... |
| Credit referencing and consumer targeting for the USA and other countries. |
| www.experian.com |
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| National Credit Union Administration - Home Page |
| An independent federal agency that supervises and insures 7152 federal credit unions and insures 4240 state-chartered credit unions. |
| www.ncua.gov |
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| Credit - Wikipedia, the free encyclopedia |
| Debits and Credits, a type of bookkeeping entry; Credit (creative arts), acknowledging the ideas or ... Retrieved from "http://en.wikipedia.org/wiki/Credit" ... |
| en.wikipedia.org |
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| Credit (finance) - Wikipedia, the free encyclopedia |
| Any movement of financial capital is normally quite dependent on credit, ... Sometimes if a person has financial instability or difficulty, credit is not ... |
| en.wikipedia.org |
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| The National Foundation for Credit Counseling |
| DebtAdvice.org is a service provided by the Members of the National Foundation for Credit Counseling (NFCC), most of them known as Consumer Credit ... |
| www.nfcc.org |
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| FreeCreditReport.com | Free Credit Report and Credit Score Online ... |
| FreeCreditReport.com: Free credit reports and credit scores from Experian. Get your free credit report and credit score now. It's free, fast, and easy! |
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| Ford Credit provides auto financing to finance a lease or purchase a car or truck through Ford, Lincoln or Mercury dealerships. |
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| The Credit Card Prank |
| In my lifetime, I have made nearly 15000 credit card transactions. ... Credit card signatures are a useless mechanism designed to make you feel safe, ... |
| www.zug.com |
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| Credit magazine, corporate bonds, derivatives, structured credit ... |
| Credit magazine provides information on the international credit markets for credit investors, issuers and market professionals. |
| www.creditmag.com |
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| CUNA: The Credit Union National Association |
| News and resource directory about credit unions. |
| www.cuna.org |
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| Credit/Debt Management - Tools and Advice for Managing Credit and Debt |
| Drowning in debt? Trying to improve your credit score? This is the place for you. Get real world information and tips, as well as the legal low down, ... |
| credit.about.com |
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