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Adverse credit homeowner loans - braving the difficult winds of adverse credit.
When my wife was enquiring me about the progress of the
homeowner loan that we were planning to take, my six year old
said something that put me to deep thought. The subject was the
constant refusals by a large number of loan providers because...
Building Credit in Despair
Building credit can lead to despair if you do not know where to
get started. Creditors come in all forms and some of them are
out to take you for a road, so this alone makes the struggle
increase. If you have bad credit or no credit then you know...
Common Credit Score Myths
A lot of credit score myths about fico score ratings get spread around and some of them are just outdated information. Sometimes even lenders can give you the wrong advice and it can get confusing. But the bottom line is bad information can cost you...
Free Credit Reports For You
American consumers are now entitled to receive one free copy of their credit report per year from each of the three major credit reporting agencies. Equifax, Experian, and Trans Union are now all required by law to furnish to you a copy of your...
Repair Your Credit, Build Your Survival Foundation
Why is it important to have good credit? With today's society
becoming more and more business oriented, establishing and
maintaining good credit is vital if you plan to do any of the
following:
1. Apply for employment 2. Rent an apartment...
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Escaping Late Fee charges on your Credit Card
It's a little known fact that late fees account for an IMMENSE proportion of credit card companies' profits, as much as 30% in the case of some lenders! You may never have encountered a 'late fee' before, but if you use a credit card, you probably will! Forget to pay off the bill one month, or misplace a bill, and the next month you will see a new entry on your statement - the dreaded 'Late Fee'. Credit cars companies make money in a number of ways, such as charging you interest on your balance, imposing fees on merchants, and so on. As competition in the credit card market has hotted up recently, card companies have started to shave down these 'reputable' costs charged to their 'good' customers, and to raise the charges against the 'bad' customers. The idea, of course is to keep their customer base up, by making the 'good' ones feel wanted, while hitting the 'bad' customers every which way they can.
What this means is that if you pay late, you are effectively subsidising those who either pay off their bills in full each month, or run away from their debts by filing for bankruptcy. Late fees vary from lender to lender, but typically start at around theten dollar mark, and go up over forty
dollars. Interestingly, these fees are arbitrary, meaning the credit card corporations can charge whatever they think they can get away with, and have doubled on average in the last 5 years. And the revenue from this source soon ads up! Imagine half a million borrowers catching a median 17 dollar late fee! Thats... $8.5 million!!! No wonder the lenders like it so much!
All very interesting, I hear you say, but what can you do if you are staring down the barrel of a late fee and can't pay??! Use a skip payment service! For less than 70% of an average late fee, a skip payment service will handle the nastiness of the situation for you, and most importantly of all, there will be NO bad mark on your record, and NO credit reference listing that might impact your creditworthiness at a future date. The saving in cash terms may appear small, but believe you me, once you start acquiring bad credit listings, life becomes a LOT harder. Use skip agencies to avoid this at all costs! Where can you find a payment agency? Come on down to www.nodebtever.com !
About the Author
Alan Trent advises on bad debts at www.nodebtever.com the free site for sorting out debt problems.
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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 ... |
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 |
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Credit Suisse Global |
Credit Suisse Group is an international financial services group. - Shares part of SMI. |
www.credit-suisse.com |
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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 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 |
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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. |
www.fordcredit.com |
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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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