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How Does the New Law on Credit Cards Affect You
29 Aug 2009 The new law on credit cards will bring drastic changes to the credit card industry and will make life easier for millions of low income cardholders. Some portion of the law will be effective from August 20, 2009, while the rest will be effective from February 22, 2010.
Ways to Clear Off Your Credit Cards
28 Aug 2009 After doing my research, I found out that credit card debts play a big roll in bill accumulation leading to high bills. These bills may take many years to be cleared off if a serious action is not taken. Due to temptation, People misuse their cards making them overspend. Before you decide how many cards […]
A FICO Score of 750 is the New 650 - What to Do About It
27 Aug 2009 Today’s FICO credit scoring reflects a new era of very nervous lenders. In 2008, a FICO credit score of 650 was a golden ticket to favorable financing rates to buy a car, purchase a house or get a low-interest credit card. Not any more.
Don’t Let Lenders Check Your Credit Until You Make Them Do This!
26 Aug 2009 The number one mistake that we made when applying for credit was giving our Social Security numbers to prospective lenders. Why? Because it hurt our FICO credit score. We were not really dumb, just young and uneducated about credit. Here’s what we do now…
Why Am I Getting Denied For Credit Cards? How to Increase Your Credit Score Today
25 Aug 2009 If you have recently been denied for a loan or line of credit, it may not be your fault. When lenders evaluate you for a loan, the primary focus is your credit score. There are a variety of things that go into determining your score; your credit history, defaulted loans, and your credit to debt […]
I Have Received a Winding Up Petition - What Actions Can I Take?
24 Aug 2009 Traditionally, if any creditor of a business owed more than £750 was struggling to collect its debt, that creditor could decide to petition for the winding up of the company. The motive for this action would not necessarily have been to receive payment of the debt. Given that the company would subsequently be liquidated, the […]
Child Support and Bankruptcy
23 Aug 2009 People who find themselves in an insolvent state financially may not know how to deal with the difficulties they face. In times of serious financial crisis, persons may turn to bankruptcy to help deal with mounting debts and financial obligations that they cannot meet. During bankruptcy proceedings, certain debts may be discharged and some assets […]
How Bankruptcy Affects Home Purchase Viability
22 Aug 2009 With the present economic slump, people are predicted to downsize their expenses and learn to control their finances. Bankruptcy is often the bane of all financial problems. It can affect the possibility of buying a home since an individual who filed for bankruptcy does not have the capacity to shell out big bucks for real […]
Bankruptcy is a New Financial Start to Build Credit, Not the Shameful End All it Used to Be
21 Aug 2009 When a person is young, they are vibrant and indestructible. Nothing can keep them down. Inexperience is what contributes to this myth. As this person gains more experience, time tempers the myth and belief that every aspect of the world is awaiting them to discover and conquer. Thoughts turn from the present to that of […]
The Mortgage is Close to 90 Days Past Due - Foreclosure Imminent - Consult a Bankruptcy Attorney
20 Aug 2009 It is true that history repeats itself. In search of a fresh start, the early American settlers and founding fathers, many of whom were bankrupt and penniless, came to the new world. Bankruptcy today is exactly that, a fresh start, but without the cruise across the Atlantic. Bankruptcy protection is no longer a shameful experience […]
Consumer Bankruptcy Options
19 Aug 2009 If you are struggling with debt, then you may want to consider bankruptcy as a method of resolving these unpaid bills. Even though bankruptcy is typically met with a significant amount of opposition, it actually can help consumers more than they may think. |