•7
Steps for Eliminating Your Debt
Many people may say that shedding debt is
common sense: "Pay for everything in
cash and don't incur any debt." Yeah,
sure, easily said when you have a household
income of 70 to 80 thousand (and no kids).
Obviously the best way to handle your finances
is to pay for everything with cash. Not everyone
has that luxury. Read Article. |
•Buying
a Used Car
Before
you start shopping for a car, you'll need
to do some homework. Spending time now may
save you serious money later. Think about
your driving habits, your needs, and your
budget. Read Article. |
•Getting
better, cheaper credit--right now!
Believe it or not, I know people that have
revolving credit-card debt in amounts of $6,000
or more with rates over 20% and they're not
interested in getting a better rate. That's
just crazy! Read Article. |
•Credit
101: What You Didn’t Learn in College
With college graduation comes many new concerns:
getting a “real” job, an apartment,
maybe a car. You’ll need to buy a good
interview outfit, furnish that apartment and
finance that car. And of course, it is summer,
and you’ve worked hard for four years
so you want a little fun in the sun, too.
Read Article. |
•Credit
and Divorce
Mary and Bill recently
divorced. Their divorce decree stated that
Bill would pay the balances on their three
joint credit card accounts. Months later,
after Bill neglected to pay off these accounts,
all three creditors contacted Mary for payment.
She referred them to the divorce decree, insisting
that she was not responsible for the accounts.
Read Article.. |
•10
Credit Myths
As they say, "Knowledge is power."
Many times people either act on false information
or fail to act because they didn't know what
could be done to their benefit. This is the
case in many areas of life, but on the top
of that list is money. And in the money category
you will find lots of misinformation about
credit. Read Article.. |
•Credit
Repair: Self-Help May Be Best
You see the advertisements in newspapers,
on TV, and on the Internet. You hear them
on the radio. You get fliers in the mail.
You may even get calls from telemarketers
offering credit repair services. Read Article.. |
•Credit
and Your Consumer Rights
A good credit rating is very important. Businesses
inspect your credit history when they evaluate
your applications for credit, insurance, employment,
and even leases. Based on your credit payment
history, businesses can choose to grant or
deny you credit provided you receive fair
and equal treatment. Read
Article. |
•Credit
Surfing Saves You Money
What is credit surfing? It’s the continuous
process of jumping from one low-rate credit
card to another every time you have a chance.
Does it make sense to do this? Probably, if
you carry balances on one or more cards, you
need to keep your rates as low as possible
because that APR is the key factor in what
you’re paying in finance charges. Read Article. |
•Ads
Promising Debt Relief May Be Offering Bankruptcy
Debt got you down? You're not alone. Consumer
debt is at an all-time high. What's more,
record numbers of consumers-nearly 1.5 million
in 2001-are filing for bankruptcy. Whether
your debt dilemma is the result of an illness,
unemployment, or simply overspending, it can
seem overwhelming. In your effort to get solvent,
be on the alert for advertisements that offer
seemingly quick fixes. While the ads pitch
the promise of debt relief, they rarely say
relief may be spelled b-a-n-k-r-u-p-t-c-y.
Read Article. |
•
Fair Credit Reporting
If
you've ever applied for a charge account,
a personal loan, insurance, or a job, there's
a file about you. This file contains information
on where you work and live, how you pay your
bills, and whether you've been sued, arrested,
or filed for bankruptcy. Read Article. |
•Understanding
Vehicle Financing
With prices averaging more than $20,000 for
a new vehicle and $9,500 for a four-year-old
vehicle, most consumers need financing or
leasing to acquire a vehicle. In some cases,
buyers use “direct lending:” they
obtain a loan directly from a finance company,
bank or credit union.
Read Article. |
•Vehicle
Repossession
When you finance or lease a car, truck or
other vehicle, your creditor or lessor holds
important rights on the vehicle until you’ve
made the last loan payment or fully paid off
your leasing obligation.
Read Article. |
•Which
Credit Cards Look Better on Your Credit
Report
It certainly does make sense
that some credit cards will look better
on your credit report. Read
Article. |
