Many credit card surveys conducted by various groups reveal one thing – that a lot of consumers are stuck in bad debt due to uncontrolled credit card spending. In fact, most people own not one or two credit cards, but multiple credit cards that are packed with high interest rates and expensive charges. If you…
You are sinking deeper and deeper into debts. You have tried using a personal monthly budget. You cut down much of your unnecessary expenses. You have also read and employed a lot of self-help methods of controlling your debts. But despite all your efforts, you cannot seem to work on attaining bad credit repair. You…
The Credit CARD (Card Accountability, Responsibility and Disclosure) Act of 2009 was signed into a law on May 22. The changes made were meant to protect consumers from unreasonable terms and conditions of credit card companies. As a consumer and credit cardholder, how can you benefit from the new law? In this article, let’s discuss…
If you need a credit card, then perhaps you may be searching for one with the lowest interest rate. Of course, who wouldn’t want to enjoy a low rate or even a zero rate if possible? Granted, there are many such offers in the market but before you go and sign up for a zero…
Let’s all accept the fact that the teaser 0% interest rate never lasts for long. Truth is, once the introductory period ends, your chances of benefiting from the considerably low rate of interest imposed on your credit card ends as well. But, is it possible to keep your credit card rate at 0% or at…
Do you plan to apply for a home equity line of credit? If yes, check out the following mistakes and how you can avoid them: 1. Not being aware of the pre-payment penalty clause. Lenders often require a pre-payment penalty fee if the buyer decides to complete the loan payments before the end of the…
Are you in need of a bad credit home loan? Then you’ll be glad to know that there are lending companies that do offer mortgage loans even for customers with bad credit. Nevertheless, some of these lenders may require a bigger down payment to make up for the risk. But what if you have no…
There are several ways to consolidate debts and choosing the best consolidation method will depend on the borrower’s situation. In this article, let’s talk about Home Equity Loans and Personal Loans– two types of financing that can be used for debt repayment. HELOC or Home Equity Loans All kinds of unsecured debts such as credit…
Did you know that you can still be granted a suitable credit card account, despite your fair or bad credit rating? Yes, by simply applying for bad credit-credit cards, you can gain access to lines of credit you can use for covering your day-to-day expenses. A gentle reminder, though: not all credit cards for bad…
Credit card debt is not rare problem. Every year, thousands of consumers struggle with bad credit because of poor management of their credit cards. When stuck in credit card debt, is there an easy way out? In this post, let’s talk about two debt consolidation options that can be applied on credit card debt. Credit…