When the dust settles from all your financial problems, learning how to repair credit should be your next goal. Studying and understanding the different sections of your credit report is necessary if you want to know what strategies are required to do it yourself. When you order your report, it's also a good idea to order your FICO score so you have a reference point to see how your repair...
If you've had the unfortunate circumstances of having to file a bankruptcy, you're not alone. With consumer confidence at an all time low, and record number unemployment and foreclosures, more Americans are seeking federal protection for relief from their creditors. Current statistics report an average of 5,593 filings a day.
Damaged FICO Score
Filing chapter 7 or 13 can drops your...
If you're suffering from bad credit, you probably won't have as many credit card choices as someone with good credit. But that doesn't mean you shouldn't be prudent and examine your options carefully before selecting a card designed for bad credit. Not all bad credit cards are the same! The terms and interest charges can vary greatly so be sure you do your homework before applying. It can...
In this article, I will expose five mistakes people make with bad credit cards. Unfortunately many consumers with poor credit unknowingly hurt their credit score and waste excessive money on unnecessary fees. Bad credit is a lucrative industry and corporations know consumers are motivated by two major instincts. Fear of not being able to get credit and greed to obtain something for nothing....
In today's economic climate, it's become nearly impossible to find a credit card issuer willing to cater to people with bad credit. Among the few financial institutions that do offer bad credit cards, many have tightened their qualification guidelines for approval.
Although it's easy to qualify for department store or gasoline credit cards when you have bad credit, a secured credit card is...
When you hand over your prepaid card to the cashier and he or she asks you, "credit or debit", how do you reply? If you think there's little difference between a credit or debit transaction, think again. You may be surprised to learn your decision could have an impact on your pocketbook.
Prepaid credit cards offer their customers two ways to authorize a transaction-by signature (credit) or...
