Category Archives: credit
Secured and Unsecured Cards – What is the difference?
Secured and unsecured cards can be used to pay for goods and services. However, a secured card requires you to open and maintain a savings account as security for your line of credit; an unsecured card does not. The required savings deposit for a secured card may range from a few hundred to several thousand … Continue reading
How to avoid credit card scams?
To avoid being victimized in credit card scams, look for the following signs: Offers of easy credit No one can guarantee to get you credit. Before deciding whether to give you a credit card, legitimate credit providers examine your credit report. A call to a ‘900’ number for a credit card You pay for calls … Continue reading
What to do if your credit counseling company shuts down?
A credit counseling agency that is going out of business may send you a notice telling you that your DMP is being transferred to another company. Or it may tell you that you need to take some action to keep your financial recovery on track. If a government agency has filed an action against your … Continue reading
Credit Score Helps Home Loan Modification?
Does credit score help home loan modification? YES, the credit rating agencies will collect the credit history, including the repayment of previous loans, bankruptcy taxes etc. This information is a very important factor for the banks to review loan application from buyers. Like if you want to be successful applications for housing loans, in addition … Continue reading
How to get your free credit report?
You can request your free report online, by phone or by mail. Visit AnnualCreditReport.com, call 1-877-322-8228, or fill out the Annual Credit Report Request form and mail it to Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281. No matter how you request your report, you have the option to request all three … Continue reading
Credit Repair Company Scams
Everyday, you might be seeing the ads and offers from credit repair companies.They target consumers who have poor credit history. Such companies promises to clean up your credit report so they can get a car loan, a home mortgage, insurance, or even a job once you pay them a fee for the service. Actually the … Continue reading
Credit Card Balance Transfers Can Affect Credit Score?
Credit Card Balance Transfers Can Affect Your Credit Score?YES,Transferring credit card balances could have an impact on your credit score. That’s because high credit card balances indicate you could have more debt than you can handle. Before you do a credit card balance transfer, make sure it won’t negatively impact your credit score. Related Posts:What … Continue reading
Possible Pitfalls of bad credit loans
If you’re considering taking out a bad credit loan, look out for some of the following pitfalls. Late Payment Increases Rather than foreclosing on your loan when you are habitually late or missing payments, some lenders now increase your interest rate as a late payment penalty. Of course, you should be making your payments on … Continue reading
Federally chartered credit unions list
Alliance Community Federal CU 2780 ADAMS AVE, PO BOX 68 OGDEN, UT 84402-0068 Tele: 801-627-8700 Blake Burrel, President America First Federal Credit Union 1344 W 4675 S, PO BOX 9199 RIVERDALE, UT 84409-0199 Tele: 801-627-0900 Olin F. Craig, President American United Family Federal CU C/O VA MED CTR 500 FOOTHILL BLVD SALT LAKE CITY, UT … Continue reading
low interest credit cards – comparison chart
Here is a low interest credit card comparison chart from http://www.e-wisdom.com/. The links will guide you to their website for more details on individual cards. I-APR = Intro Purchase APR | I-BTR = Intro Balance Transfer APR | R-APR= Regular APR AF = Annual Fee | varies = APR Varies | n/a = Not Applicable … Continue reading
Unsecured business credit – Is it good for you?
unsecured business credits are like business loans from bank, but you can use the money only when needed. Also there is no collateral required in obtaining the credit line.It is like a credit card line but better than that(remember, Credit card debt can spiral a business into financial trouble with the extra high interest rates … Continue reading