General
Tips For Rebuilding Your Credit
Bad credit will cost you a lot and the only way to get out of this hell is by fixing the causes of the bad credit. But how do I get out of bad credit hell? You may ask. It is quite easy to do so as long as you are dedicated. Keep your focus …
Tips for Choosing a Debt Consolidation Company
a)How are payments distributed to your creditors Your creditors should always be credited with 100% of the amount you pay through a debt consolidation agency. With unscrupulous firms, the money gets eaten away by extra fees. b) Where does the agency get funding? Most credit counseling agencies are partially funded through voluntary contributions from creditors …
Factors to Consider When Looking for Debt Consolidation Company
You shouldn’t pick a debt consolidation company out of the blue and these tips will help you pick the best: Do they have membership in a reputable debt consolidation organization? Check to see if the firm is a member of the National Foundation for Credit Counseling (NFCC) or the Financial Counseling Association of America (FCAA). …
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What’s the Difference Between Debt Settlement and Debt Negotiation?
There are several programs to choose from when you need help to get out of debt. However, the terms can be confusing and some people think consumer credit counseling, debt negotiation, and debt settlement are all the same. This is not true and the methods applied in each to erase debt are not the same. …
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How to Choose a Cash Back Credit Card?
The promise of getting some of the money you have already spent back is enticing. This is why many people rush to apply for cashback credit cards. However, you should know how to pick the best ones to enjoy the most benefits. Here is what you should consider when making the decision: How much money …
CashBack Cards Explained
Cashback credit cards are tempting- there is that lure of getting back some of the money you have already spent. As much as these cards can be rewarding, they can also be confusing. If used irresponsibly they can even be costly. Knowing how to choose a cashback credit card wisely will save you from such …
Rebuilding Your Credit With a Secured Credit Card
Not paying your debts on time is the major reason many people end up with bad credit. If you are in this situation, make arrangements with all of your current creditors to pay off your current debt. Moving forward, all your payments should be made on time too. However, this alone will not build a …
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Credit Repair Myths
a) Closing all old accounts improves your credit score. This does more damage than good. It shortens your credit history hence leaving you with a smaller amount available. b) Opening more credit card accounts improves your credit score. You will come off as an irresponsible person financially. Lenders know that someone who has great financial …
Common Collection Agencies
The listing below is by no means an exhaustive list of junk debt buyers, but some common names of companies that pursue third-party or junk debts. If you see one of these names listed on your credit report, then you know your debt was sold to a junk debt buyer. CACH, LLC Midland Funding, LLC …
