|
Bills are due and Credit Repair is in Place
The bills are due and credit repair is in place. This happens too many times with many individuals and families, so don't get discouraged there is hope. We can calculate our bills by factoring in utilities, telephone, credit cards, mortgage,...
Credit Card Tips
Here are some useful credit card tips for you to consider before applying for a credit card. Before applying for a credit card, you should decide why you want one, and make sure you can use it wisely. More and more people use plastic as their main...
Credit Card Tips: How to combine credit cards to earn maximum cash rebates?
Before we look at how to best combine cash rebate credit cards to maximize the cash rebates you can earn, it is very important to understand the different types of cash rebate credit cards available and also how the type of purchases you make is...
Credit cards - The top 3 things you need to know
----------------------------------------------------------------- Credit cards - The top 3 things you need to know ----------------------------------------------------------------- Today there are so many different credit cards available, student...
Debt Consolidation – Can You Negotiate with Your Credit Card Company?
The average American household has nearly $10,000 in credit card debt, and many people are only able to make the minimum payment of 2% of the balance. Even 2% is $200, and by paying the minimum payment, you could be paying on the balance for decades...
|
|
|
|
|
|
|
|
Debt Help Online - How To Rebuild Your Credit By Consolidating Debt
By consolidating your debt you can rebuild your credit by making
on time payments, paying off your debts, and increasing your
cash reserves. Depending on your debt load, you can improve your
credit situation within two years, enabling to qualify for
better loan terms.
Consolidating Debts
The idea behind consolidating debts into one monthly payment is
that your rates and payments will be lower. With these lower
payments, you will have an easier time making monthly payments
with enough left over to save or pay off the principal.
You can consolidate your debts with either a home equity loan or
a personal loan. Home equity loans have a tax advantage with
their interest being tax deductible. You can choose from fixed
terms or a flexible line of credit.
Personal loans also allow for debt consolidation. These
unsecured loans are based on your credit history and income
level. They also have no or low closing costs with flexible
payment terms.
Making On Time Payments
To improve your credit history, make on time payments. The
easiest way to do this is through automatic withdrawal. You can
set this up with most lenders or through your bank. Just by
making on time payments for two years, you can improve
your
credit score.
Paying Off Debts
Your debt liability is also a factor in your credit score. By
making an effort to pay more than the minimum payments, you save
on interest costs while improving your credit. Also plan on
using extra cash from tax rebates or employment bonuses to pay
down your debt.
Increasing Cash Reserves
Increasing your cash reserves can protect you from a financial
emergency and improve your credit score. Ideally, you should
have 6 to 12 months of living expenses saved.
If you don't have reserves now, start creating them before you
make extra loan payments. This way you won't have to use your
credit for any unexpected expenses.
Finding Lenders
As with any type of financial decision, you should research
lenders. Online financing companies allow you to request near
instant quotes. While you want the lowest rates, be sure that
fees are also reasonable.
About the author:
See my recommended Debt
Consolidation Companies online. Carrie Reeder is the owner
of ABC Loan
Guide, an informational website about various types of
loans.
|
|
|
|
|
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 |
  |