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How to Find a Bad Credit Loan UK
Finding a bad credit loan UK that meets your financial needs can be difficult sometimes… it might seem as though there isn't a lender anywhere who's willing to take a chance on an individual that's had credit problems in the past.
Of course, it is...
The Forbidden Fruit: Marketing Credit Cards Online
A common question and topic of discussion among Internet marketers is, “What market should I go after?” The number of answers to this question are as varied as there are grains of sand in the Sahara, but there is one thing that I have noticed in my...
The Secret of Credit Card Numbers
Have you ever really looked at your credit card and tried to figure out what that huge string of numbers really means? Do these card issuers have so many customers that your account number has to be 16 digits long?
You may be surprised to know...
Want to Get Instant Credit Card Approval?
There are many people that need a credit card in a hurry. This can be for many reasons. They may
need a credit card right away for an unexpected emergency. Some people need one for a vacation.
Others just need some extra cash to pay bills....
What is Credit Insurance?
Are you wondering what is credit insurance? Very simply, credit insurance is an insurance policy that protects a loan on the chance that you are unable to make the repayments. The next time you have occasion to apply for a loan or mortgage, you will...
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Credit Building Strategies
IF you are attempting to build your credit there are many
strategies we can look at to help you get started. If you have
no credit, bad credit or good credit, building credit is
important since regardless of your situation, you do not want to
go down.
Strategies for Building Credit:
If you do not have any credit at all, you will need to start
somewhere. One strategy for building credit is to apply for a
credit card or a personal loan and ask your family members or
friends to co-sign the application. Once you have opened an
account, make sure you meet all monthly obligations, since if
you miss any payments at all your co-signer is responsible. If
you do not have a credit history, you might want to opt for
credit cards issued by gas stations, or else open an account
with a department store. These cards are relatively easy to get
hold of, and it helps you to build credit. After you established
some line of credit, make your payments faithfully and after
about six months you will be entitled to more credit. It is not
recommended, but if you have a personal loan and still paying
after six months, you might want to take out a loan to repay
this loan and start payment on the other loan. I recommend this
since it can free the co-signer from responsibility. Never take
out more than you need when applying for a loan and always check
the interest rates and upfront fees to avoid overpaying.
Bad Credit Strategy
If you have bad credit and want to restore or build your credit,
you must first start by sending for copies of your credit
reports. The reports are free once per year and can be obtained
by TransUnion, Equifax and Experian. After you have reviewed
your reports make sure no activities are listed against you that
is not your own. If you notice, any actions on your report
immediately write the three bureaus and ask for an
investigation. Once you have disputed your report, the next step
is knocking down each account until your credit is clear. If you
are struggling with money, you
might want to knock out the
secured debts first and then work through the unsecured debts.
It may take some time but you will see results after your debts
are paid in full.
A great strategy for those of us in debt is to save money each
month and apply it to our dues. If you are spending money, for
entertainment give it up for now and get out of debt. Many
things in life are free of charge and often fun and exciting.
Remember when you make sacrifices something rewarding always
returns. Another helpful strategy is pulling out all your
resources.
If you have skills, you might want to open a small business and
use those skills to the fullest. You will make money and build
your credit. Killing many birds with one stone is the saying
that works best when you learn what it means. It is also wise to
cut back on expenses when you owe are your credit is bad. If you
are spending money you do not have, it is only sending you
backwards. There are many strategies for getting back on your
feet again. One great strategy is to avoid missing car payments.
Good Credit Scores
Finally, if you have a good credit score you want to strategize
to maintain this score or else elevate the score. If your credit
is good, you want to continue the budget that is obviously
working and work toward increasing your income to make sure you
meet all payments each month. The last thing you need to do is
apply for additional lines of credit if you already have credit
established. Payoff what you owe now and buy what you want
later. One of the biggest mistakes many of us make is taking for
granted our situation. If we have a lot of money and a great
line of credit, we often go on spending binges. This is
ludicrous and is a defected strategy that buries us in
quicksand.
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 |
| Credit.com offers a variety of credit related products and services including credit reports and credit scores, credit cards, car loans, home loan and ... |
| www.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 ... |
| www.equifax.com |
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| The FTC's web site on Credit |
| Credit is much more than a piece of plastic, and the resources on this site can help you become a more savvy consumer. You’ll also find compliance ... |
| www.ftc.gov |
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| Federal Trade Commission - Consumer Credit Center |
| Features an assortment of helpful articles related to credit issues. |
| www.ftc.gov |
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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 |
| Our mission is simple: To offer education on the wise use of credit. ... SPRINGBOARD has been approved to provide credit counseling services and issue ... |
| www.credit.org |
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| myFICO - FICO Credit Scores, Online Credit Reports and Identity ... |
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| Credit Suisse Global |
| Credit Suisse Group is an international financial services group. - Shares part of SMI. |
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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! |
| www.freecreditreport.com |
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| Compare over 300 credit cards, including 0% offers and balance transfers, and make a credit card application online... |
| www.moneysupermarket.com |
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| Ford Credit - Auto financing for Ford, Lincoln and Mercury cars ... |
| 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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