|
|
|
Bad Credit Debt
In today's world, there are a lot of things that its very
difficult to live without. One of them, is credit. Can you
imagine trying to save up for a car until you had enough cash to
just pay for it outright? Do you think you would be able to...
Bad Credit? First Time Buyer? You Can Still Get Approved For A Home Mortgage Loan
Do you have bad credit that you worry will stop you from being able to apply for a home mortgage loan? Have you given up on the dream of being a home owner? Well don’t. Take comfort in the fact that there are special home mortgage loans that you can...
Business Credit Builder
http://www.BusinessCreditbuilder.Info Learn how to build a strong BusinessCredit profile in 3 months without using a personal gurantee. About the Author
...
Finding the Right Bad Credit Loan UK
If you live in the United Kingdom and find yourself in need of money but lacking in credit, you might want to consider applying for a bad credit loan UK . These loans often are offered in a variety of different ways, from secured loans to unsecured...
You can still remortgage even with bad credit!
If you wish to organise a bad credit remortgage, don’t just head automatically for a specialist.... A good mortgage company will adjust its lending criteria to suit the times, thus lenders are constantly evolving to suit the remortgage UK market....
|
|
| |
|
|
|
|
|
|
Credit Card Wealth Secrets And Ideas
"Credit card wealth secrets," the ad read. I assumed it was yet another over-hyped unworkable scheme. It probably was, but it made me remember the times in my life when I have used credit cards to make money.
As Robert Kyosaki says, there's "good debt" and "bad debt. Borrowing for consumer items is bad-debt. You limit your future options, and you get less in life. It seems like more, because you get it now, but with interest, and the tendency to pay more when buying on credit, you'll never be able to buy as much as those who pay cash.
Credit card wealth secrets have to revolve around the idea of "good debt." This is any borrowing that increases your income, or produces capital gains. So how do you get your credit cards to start doing that for you?
Credit Card Wealth Creation
A good friend once borrowed $6,000 from me at 9% interest. I didn't have the money at the time, but I had a credit card offer for a cash advance for 8 months at 5% interest. I loaned him the money for six months. Okay, a 4% spread meant only a $120 profit in the end, but it was easy.
A better example is when we bought a little house in Montana. A cash offer would get us a great deal, so with our savings and a $2,000
worth of repairs on a credit card, we made it work. We paid less than $100 in interest before selling the house a few months later for a $6,500 profit.
My money was tied up when my brother found a truck we could make some money on. I put it on a card, and paid maybe $35 in fees and interest. The car was sold ten days later, and we split the $950 profit.
A friend of mine once borrowed $300 at more than 100% annual interest ($50 for two months). Why? To buy the tools he needed to re-start his dry-walling business. He probably made enough the first week to repay the loan.
The point is that any debt - whether from credit cards or other sources - can be good debt if it creates more than it costs. I have known people that have started successful businesses or "flipped" houses for big gains with the help of credit cards. Get rich quick? Doubtful, but then my skepticism almost made me forget my own "credit card wealth secrets."
About the Author
Steve Gillman has been studying money for thirty years (and sometimes making a little). For interesting and useful information, visit his website, Unusual Ways To Make Money: http://www.UnusualWaysToMakeMoney.com
|
|
|
|
|
| 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 |
|
| 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 |
|
| 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 |
|
| Federal Trade Commission - Consumer Credit Center |
| Features an assortment of helpful articles related to credit issues. |
| www.ftc.gov |
|
| 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 |
|
| 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 |
|
| myFICO - FICO Credit Scores, Online Credit Reports and Identity ... |
| myFICO.com: Get your Free credit report and Free credit score with a 30-day trial of Score Watch. All three FICO Scores and Credit Reports Available now ... |
| www.myfico.com |
|
| Credit Suisse Global |
| Credit Suisse Group is an international financial services group. - Shares part of SMI. |
| www.credit-suisse.com |
|
| Experian: Free Credit Report and Credit Score, Credit Check ... |
| Credit referencing and consumer targeting for the USA and other countries. |
| www.experian.com |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| 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 |
|
| Compare credit cards | apply for a credit card | 0% balance ... |
| Compare over 300 credit cards, including 0% offers and balance transfers, and make a credit card application online... |
| www.moneysupermarket.com |
|
| 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. |
| www.fordcredit.com |
|
| 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 |
|
| 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 |
|
| CUNA: The Credit Union National Association |
| News and resource directory about credit unions. |
| www.cuna.org |
|
| 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 |
|
|