tag:blogger.com,1999:blog-39728129159481183782024-02-08T05:03:03.202-08:00Credit Repair ReportsHelpful Ramblings on Credit Repairstevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.comBlogger46125tag:blogger.com,1999:blog-3972812915948118378.post-83139922232560734662010-01-31T10:06:00.000-08:002010-01-31T10:36:21.110-08:00It Is Certainly Likely That You Can Benefit By Obtaining A Bad Debt Consolidation Loan<div style='font-style:italic;' class='uawbyline'>By Lilia Maillet</div><br /><div class='uawarticle'>The most important thing about succeeding with bad debt consolidation is being able to find a good partner and also get the right kind of guidance because these two are the main factors that can help you live life without being mired in debts. A good partner will succeed in keeping creditors at bay and in addition it would also mean having more money to spend each month which in turn means that you can rest easier knowing that your debts are under control.<br /> <br /> In fact, most people that are looking for bad debt consolidation loans actually do not believe that their request for a consolidation loan will be approved though this is not the true picture. You will come across a number of programs that can help you obtain a debt consolidation loan even if you have bad credit or very poor credit rating.<br /> <br /> To consolidate a bad debt you must take certain steps that are mostly very much the same as you would take when applying for regular consolidation loans. The only difference is that you will need to pay more by way of interest and this is only because you are not considered creditworthy. However, creditors can club all of your liabilities into one account and this in turn means getting a reduced monthly payment.<br /> <br /> With the help of a loan to consolidate your bad debts you will be in a stronger position in so far as controlling your debts go and this means that you will not need to wait any longer in order to start the rebuilding process that should eventually help you remove all your bad debts. In fact, you can avoid falling deeper into debt as you can take a loan and use your cards against each other and also juggle your bills so as to begin paying off your debts one at a time.<br /> <br /> You should of course take the issue of consolidation loans for bad debt repayment very seriously. The reason for this is that through adequate consolidation of your bad debts you will not only get rid of bothersome creditors but you will find that you will not have too many bills to deal with. In addition, you can start eliminating existing bad debts and so improve your credit score as well.<br /> <br /> The good news is that obtaining a bad debt consolidation loan is actually not as hard as you may be thinking and it only requires that you take the initiative and check out which programs there are out there to find a suitable option that will help you live a new life and one in which you won't need to worry about debts.<br /> <br /> The consolidation loan money is the best way of consolidating each and every debt and it is especially useful in paying off debts that have a high interest rate.<br /> <br /> In particular, those with higher interest rates can be converted into a single monthly outstanding and then paying off this one bill will become easier than having to make payments on individual bad debts. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'><a target='_blank' href="http://www.instantbaddebtconsolidation.com/bad-credit-secured-loan.php">You Have Bad Credit and Need a Secured Loan</a> ? The key to success with <a target='_blank' href="http://www.instantbaddebtconsolidation.com">bad debt consolidation</a> is in finding the right partner and proper guidance that will each play an important part in helping you live a life that is totally debt free. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-56619108246689836112010-01-29T15:05:00.000-08:002010-01-29T17:51:01.536-08:00More About Credit Supply Repair<div style='font-style:italic;' class='uawbyline'>By Tomas Welling</div><br /><div class='uawarticle'>You must repair your credit history when you find that you have to borrow again sometime, and they might have that requirement for you. The consequence of failure is loss, no questions asked.<br /> <br /> Take a chance. Explain how you can make amends of the past. It's simple to repair your credit because you can!<br /> <br /> People make mistakes - it's normal. What is not too common is people getting to make amends for those mistakes and living on as though they never happened. Well, I'm telling you now that it could be that way with you and the bad credit history you have been living with. But you have got to own up first.<br /> <br /> On the television, you will see a few commercials about credit repair and stuff. I would suggest you jot down the 'number on the screen' and place them a phone call. All of a sudden, you could be surprised to see all of your credit problems vanish into thin air.<br /> <br /> Nothing comes from nothing, you know that. When you find the firm that is going to help you with your credit repair, you might have to part with a little something to retain their services. I'm pretty certain you will not hesitate with that since you know that you future is more important than the present moment. Catch my drift?<br /> <br /> They say that the evil that men do live after them. Well, not in the United States; in America, the evil that you do live with you. The credit that you owed to the credit company goes down on record and will haunt you for life. But if you can fix it, you might beat that rap afterall - look for businesses that can help you with that. They are a dime a dozen these days.<br /> <br /> Things sometimes don't go down the way you plan them to be - no one ever plans to owe credit to a firm, so I'd be the last to point fingers. However, you are to blame if you get the chance to repair that bad credit and you don't take it. You can, you know; if you will let the internet guide you.<br /> <br /> People have been looking for ways to repair bad credit for ages, and it has always been there. However not a lot of people saw it until recently. Seeing as this is your chances, having heard that it works, wouldn't you like to get the service? Hey, you could then get the chance to borrow that money you needed to develop that piece of property. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Looking for more stuff related to <b><u><a target='_blank' href="http://www.powersupplyrepair.org/">Power Supply Repair</a></b></u>? Be sure to check this <b><u><a target='_blank' href="http://www.powersupplyrepair.org/">Power Supply Repair</a></b></u> blog now! </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-28448208518194943662010-01-28T15:33:00.000-08:002010-01-28T16:48:19.572-08:00A Bad Debt Consolidation Loan Can Ensure That You Achieve Financial Independence<div style='font-style:italic;' class='uawbyline'>By Kathrine Loyola</div><br /><div class='uawarticle'>It is never easy to handle bad debts and if you are serious about becoming financially independent once more then think about using a bad debt consolidation loan. This loan in effect means that you ask for and get a fresh loan with low interest rate and then use the cash from this loan to start clearing off your bad debts. It offers an excellent means of being able to concentrate on paying a single amount which then ensures that you can clear your debts off quickly and at interest rates that are more affordable.<br /> <br /> Bad debt consolidation is really a good way of becoming free from financial problems but you will only succeed at this if you first plan your future actions well and then you make a commitment to follow through without allowing indiscipline to ruin things for you. Fortunately, you will find some very useful tips that will show you how you can become free from debts.<br /> <br /> To begin with, it is important to make a list of your total bad debts but which does not include your mortgage. Next, it is necessary to determine how much you have to pay back on each bad debt on a monthly basis.<br /> <br /> The second step that you will need to take has to do with shopping for the best debt consolidation loans. In this regard you will need to decide between home equity loans and a line of credit as well as cash-out refinancing and even a personal loan.<br /> <br /> Home equity loans and lines of credit attract very low interest rates and this is on account of the fact that the lender takes your home as collateral. Cash-out refinancing provides a good solution in which you have to obtain a new mortgage that however needs to be larger than your existing one.<br /> <br /> A personal loan is usually used to pay off bad debts when a person either does not own property or does not want to use their property as collateral.<br /> <br /> Now, after obtaining a loan you must then be committed to repaying your debts which of course also includes the bad debts and this must be done within a specified time. When taking personal loans or even home equity loan your repayment term is fixed and so there is nothing that you have to do in order to determine how long you have to pay off your debts. But for home equity line of credit you will have to make certain minimum repayments each month.<br /> <br /> What's more, you should realize that even if you pay off the minimum amount it will not end up reducing your overall debt. You will therefore have to use a calculator to find out what amount of the bad debt you will be able to repay on a monthly basis.<br /> <br /> Finally, be sure to understand that all your efforts at making bad debt consolidation work for you will not come to fruition unless you curb further spending. Unless you cut down on your spending habits you run the risk of running up fresh debts which will then leave you mired in debt ' permanently. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>You can learn more about the vital steps to take if <a target='_blank' href="http://www.instantbaddebtconsolidation.com/you-have-bad-credit-need-a-debt-consolidation-loan.php">you have bad credit need a debt consolidation loan</a> today! Even if you have less than perfect credit you can get a <a target='_blank' href="http://www.instantbaddebtconsolidation.com">bad debt consolidation</a> loan and start cleaning up your scores now! </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-38687397455101934332010-01-27T11:02:00.001-08:002010-01-27T11:02:22.290-08:00Six Advantages In Credit Repair Strategies<div style='font-style:italic;' class='uawbyline'>By Kevin Lynch</div><br /><div class='uawarticle'>If you have troubles with your credit reports, obtaining the services of a highly regarded credit repair law firm will almost certainly be more effective than trying to go it alone. Credit repair problems may occur for many reasons, including credit bureau mistakes, bogus claims by credits, involvement by exceedingly aggressive debt collection agencies and legitimate negative entries. When you desire a better looking credit report, getting a professional legal credit repair law firm on your side will have the best chance of removing troublesome entries.<br /> <br /> Because of their training and experience, attorneys who specialize in credit repair are able to determine the necessary legal activities that are most likely to solve issues and result in a satisfactory correction to the credit reports. The attorney is sworn to act in a legal manner, but the lawyer is also going to insist that debt collectors, lenders and credit bureaus also act in a reputable manner.<br /> <br /> If your home loan or credit approval process is being stonewalled due to credit repair mistakes, it is in your best interest to get corrections made as quickly as possible. Because the lawyer is being paid to achieve a specific goal, the job is likely to be finished rapidly and effectively.<br /> <br /> When you use a business other than a legal professional to complete the repairs to your credit report, you run the risk that you may not be treated in an ethical manner. Attorney representation will not only be lawful in any steps taken, but will be principled activities as well. The attorney can also hold debt collectors, creditors and others associated with your poor report items accountable for maintaining an ethical series of activities.<br /> <br /> When you engage a lawyer to lead out in any discussions or consultation with creditors, you are receiving the services of an agent who is experienced in the art and science of negotiation. The perceived power of the legal profession helps to lend weight to the discussions about errors or offers. The attorney who contacts creditors usually carry more weight than if you deal with your creditors personally.<br /> <br /> The legal specialist that you choose as your agent for the modification of discrepancies on your credit report is more likely to take a reasoned and emotionless approach to the issues. A reasonable and systematic approach to evaluate and adjust the mistakes can be put in place by the legal expert.<br /> <br /> Sometimes, the lawyer working on credit repair for you will be able to see methods and alternatives to repair difficulties that the layperson is not able to discover. When you are focused on the problem with the credit report, the legal professional may be more focused on the solution.<br /> <br /> Credit repair lawyers work hard to provide you with a tidied up credit report, thus improving your chance to make a fresh credit start. You need not make credit repair efforts from a position of weakness if you permit your lawyer to work on your behalf. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>To learn more about <a target='_blank' href="http://www.articleblast.com/Money_and_Finance/Credit/Credit_Reports_Repair_Success_As_Soon_As_Possible/">Credit Reports Repair Success As Soon As Possible</a>, please visit me on the web. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-20425770167237873812010-01-26T20:27:00.000-08:002010-01-26T22:53:25.892-08:00Be Extra Extremely Careful About Using Bad Debt Consolidation<div style='font-style:italic;' class='uawbyline'>By Harriett Nunnery</div><br /><div class='uawarticle'>If you are mired in debts and there seems no way out you may think that bad debt consolidation is the only solution to help you become free from all financial worries. But, you should realize that unless you understand the ins and outs of this kind of move you could easily get sucked into fresh situations that will make your plight worse than it already was. As with everything in life, everything has its own downsides and in this case too it is necessary to be sure that you know how to handle consolidation loans as well as balance transfers and also anything else that seems to be a quick fix before you venture out further.<br /> <br /> You will obviously be desperate to pay off your bad debts and so bad debt consolidation may appear to be god sent to you. The trouble is that there are no magician financial wizards out there that can provide you with a neat and convenient solution to help you be free from bad debts.<br /> <br /> In fact, it is sad but true that a whole new industry has been spawned that preys on people's desperate financial plights and this ensures that every passing day a new sucker ends up with 'solutions' that never ever do what they promised they would do.<br /> <br /> You will notice many emails filling your junk mail box that make all sorts of promises about how they can help you (often with a mouse button click) eliminate your debts. You will also be told that you can easily lower your monthly payments by half and other promises that you will hear will include not having to pay any interest on loans. The wise thing for you is to ignore such false promises because these just do not work.<br /> <br /> You can really invite trouble by falling for the lure of obtaining easy loans which are not all that easy anyway because soon your will see that they actually make you pay high interest rates. Instead of paying less you will end up with a bigger debt than you started out with.<br /> <br /> Yet another common mistake that most people make is that they fall into the clutches of debt consolidators who will promise to completely remove all bad debts. These kinds of promises however is nothing better than pure fantasy and so should be ignored as much as possible.<br /> <br /> Debt consolidators actually hide from you the fact that they have built fees into your monthly payments which results in you paying about 10 percent more on each monthly payment and this money finds itself into the pockets of the debt consolidator and does not lower your debt. This means that you are paying people to do something that you could easily have done on your own which of course are to negotiate for lesser rate of interest.<br /> <br /> Finally, if you are going to go for bad debt consolidation be sure that you don't fall into a trap called balance transfer. These days you can easily obtain a low interest balance transfer card but the rates will change after a few months and then it will be necessary to switch cards. This kind of activity will soon appear on your credit report and will make you look like a real risk. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'><a target='_blank' href="http://www.instantbaddebtconsolidation.com">Bad debt consolidation</a> can be heaven sent to people who are up to their ears in debt. Unless you know your way around it can suck you in and result in you ending up in a worse place than you already in. Loads more info on this and if <a target='_blank' href="http://www.instantbaddebtconsolidation.com/bad-credit-unsecured-loans.php">You Have Bad Credit Get an Unsecured Loan</a> . </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-52977465857211093122010-01-25T13:08:00.000-08:002010-01-25T13:47:12.991-08:00Credit Repair and Credit Scoring<div style='font-style:italic;' class='uawbyline'>By Frederick Crawford</div><br /><div class='uawarticle'>You have heard of credit scores and how they are used to try to determine the likelihood that you will be able to pay your payments. A credit score combines a number of factors including both negative and positive information obtained from a credit report, open credit accounts and the amount of credit available as opposed to the amount of credit used. Improving your credit score is an important aspect of repairing your credit score.<br /> <br /> Inside the United States the most commonly used credit score is from the Fair Isaac Corporation. It is known by the acronym FICO. There are some other companies that do credit scoring also. If you are trying to repair your credit you should strive to increase your FICO score. A FICO score will range between 300 and 850 with the higher number being the better risk for a lender.<br /> <br /> Elements such as late payments, financial difficulties in the past, current amounts of credit limits compared to credit used are the objective measures used to validate a credit score. Facts such as race, gender, ethnicity and marital status are not regarded. The FICO score is regarded to be an fair representation of an individuals creditworthiness. You can boost your FICO score if you take measures to repair your credit and be certain that your credit report does not consists of any false or misleading information.<br /> <br /> Correcting your credit and raising your credit score will definitely improve your chances of getting credit. A low credit score may cause a lender to require you to provide more collateral or even provide a more thorough asset and income verification. Loads of lenders employ the FICO score to deny or issue credit and to determine how high the interest rate might be.<br /> <br /> If you'd like to repair your credit score it is crucial to verify the current score from all of the three major credit reporting agencies, Equifax, Experian and TransUnion. The scores from each of the three companies will vary according to the different statistical methods they use, the data used and how everything is weighted. Most lenders will take an average of the three or just pick one depending upon their own in-house regulations.<br /> <br /> Be sure that you are not overextending and using too much of your available credit so that your expenses are in line and make sure that your payments are made on a regular schedule. A key issue in credit scoring is a comparison between available credit and credit used. If you wish to raise your credit score think about getting approved for a higher limit on your credit although don't use much of it.<br /> <br /> The entire length of your credit history, any kind of outstanding revolving credit lines or credits cards and any credit applications count towards your credit score. Each and every inquiry into your credit will count against you so be wary of applying for credit or allowing others to run your credit. Furthermore if you decide to stop using a credit card don't cancel the account but just set the card away or destroy it. If you cancel the account it will work against you on your credit score. Being you are repairing your credit consider these things.<br /> <br /> It's going to only take about 6 months to a year to impressively repair your credit. Make sure that your debts are paid on time, that you do not apply for additional credit if you can evade it and use the credit you do have intelligently and sparingly. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Do want information about <a target='_blank' href="http://creditexert.com">credit repair companies</a>? Your credit score is more important than you may recognize so you will want to take care of it. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-28472523404766339252010-01-17T10:22:00.000-08:002010-01-17T10:46:02.341-08:00Are Credit Repair Attorneys Necessary?<div style='font-style:italic;' class='uawbyline'>By Mark Newman</div><br /><div class='uawarticle'>Credit repair attorney services have become very popular. This is due to our flagging economy and the fact that having an above-average credit score is more important now than at any other time.<br /> <br /> If you perform a simple and quick internet search for "credit repair attorney," you will receive several million hits. So, what do these attorneys do? Can I do the same thing on my own? Let's continue reading and see.<br /> <br /> Having a poor credit score can limit you severely, especially since credit companies are now far more stringent in terms of to whom they want to offer credit. If you have a below average credit score, you will either be offered credit terms which include high annual percentage rates (APRs) and many additional add-on fees or you will be denied altogether.<br /> <br /> Understanding that consumers want the highest credit score they can achieve, credit repair attorneys offer services to improve consumers credit scores. Typically, a credit repair attorney will review your credit report and present you with an analysis of what needs to be completed in order to improve your credit.<br /> <br /> Often, firms will state they can remove entries such as charge-offs, late payments, foreclosures, and bankruptcies from your credit history. They may also state that they will develop a financial plan and monitor your credit for a specified period after the initial repair has been completed.<br /> <br /> There is debate as to whether these services are worth the fees paid. The reason for this debate is the fact that there is nothing these companies do which you cannot do yourself. Additionally, there is no quick fix to credit repair and any company which tells you there is, is not being exactly truthful.<br /> <br /> You will need persistence, patience, and organizational skills to repair your credit. If you do not possess these qualities or if you would simply prefer to let someone else tackle this process, employing a credit repair attorney may be the answer for you.<br /> <br /> Before you make your decision, it would be wise to review the many articles on the internet which explain what is needed to repair your credit. Once you have done this, decide which route, credit repair attorney or do-it-yourself credit repair, you should take.<br /> <br /> If you decide to use the services of a credit repair attorney, it is smart to shop around and get quotes from three firms prior to making your final decision. Some companies charge by the hour and can be somewhat vague as to their fees. Be sure that you understand what you are agreeing to prior to signing any agreements. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>I Freed Myself from the <a target='_blank' href="http://www.midlandcreditdebt.com">Midland Credit Management</a> Collection Agency. See How I Did it at <a target='_blank' href="http://www.midlandcreditdebt.com">www.MidlandCreditDebt.com</a> </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-69400953068204685922010-01-05T10:54:00.001-08:002010-01-05T10:54:47.477-08:00Learn about Your Debt to Income Ratio - First Steps of Debt Reduction<div style='font-style:italic;' class='uawbyline'>By Lisa Max</div><br /><div class='uawarticle'>One of the many reason why so many Americans file for bankruptcy is because of high debt. This country overall has one of the highest debt to income ratios. <br /> <br /> Before any loan is approved, your DTI is calculated. This calculation is ran because if your DTI is too high, you run in the risk of not being able to pay your creditors each month and therefore you will be prevented from adding any other debt to your report; a person with a high DTI is a high risk consumer.<br /> <br /> How do you calculate the DTI?<br /> <br /> You want to first calculate what your monthly income is; this could be a variety of things ranging from your monthly wages to alimony and child support. <br /> <br /> Example: <br /> <br /> The next thing to be calculated is the debt you have incurred. Debt does not include any utility bills, but it will include credit card balances, mortgage, child support, business loans, personal loans, the car payment, etc. Do not include it if it will be paid off within three months.<br /> <br /> Lastly, take the monthly expenses and divide it by the income and you will be coming up with your DTI. <br /> <br /> For example:<br /> <br /> Monthly Income = $4500<br /> <br /> Your Monthly Income = $4000<br /> Fixed Monthly Expenses = $2,300<br /> <br /> DTI = 49%<br /> <br /> This debt to income ratio is very poor and shows that expenses are so high that it would be very difficult to gain any additional credit or financing.<br /> <br /> The first step of debt reduction is always taking a look at where you currently stand, and that is through obtaining your debt to income ratio. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Want to find out more about <a target='_blank' href="http://www.smartdebtrepair.com">Smart Debt Repair</a>, then visit Lisa Max's site on how to look out for <a target='_blank' href="http://www.smartdebtrepair.com/debt-consolidation-scams.html">debt consolidation scams</a> and various debt repair tips. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-91030110467983719902009-12-28T11:16:00.000-08:002009-12-28T11:26:59.217-08:00Practical and Free Methods To Increase Credit Score-Clean Credit History Efficiently And Easy<div style='font-style:italic;' class='uawbyline'>By Dan O Spark</div><br /><div class='uawarticle'>When a person decides to clean up their credit, they are often faced with many choices but little understanding of how the process works. The attempt to increase credit score-clean credit history without the important information about what steps to take can be expensive and have less than effective results.<br /> <br /> There is not magic formula for cleaning up your credit history or raising a credit score. The cost for the services that these businesses and websites are not for some magic bullet method to wipe your credit history clean. They are doing the same things you could be doing if you had the tools and knowledge of the steps to take in a location that was easy to find. There are also some companies that use methods that are going to get you into more difficulty with creditors and reporting agencies when they do them.<br /> <br /> One of the popular steps that many agencies take is to send a form letter to creditors and major credit reporting agencies that contest the charges shown on a credit history. Unfortunately, this method of removing debts from a credit report has been abused so badly that neither creditors or the major credit reporting agencies accept these form letters any longer.<br /> <br /> When a person wants to increase their credit score, there are some very simple steps that can be taken without paying a fee to have anything done for you. Many people don't realize that over 35% of a credit score is based on the paying current debts. These debts include your basic utilities, credit cards, etc. Making minimum payments on time each month can significantly increase your credit score.<br /> <br /> The first step to cleaning up a credit history is to order current copies of a credit history from the three major credit reporting agencies. Checking the reports to make sure that they are consistent and don't have irregularities will be an important step in starting to clean up your credit.<br /> <br /> When you want to clean up your credit history yourself, sort of a DIY clean up project, you can do so easily using a software package that contains the important information you need. The package has the steps that you need to take in order to clean up your history and keep it clean. You will learn ways to establish an effective budget and methods you can use to negotiate pay-off for debt that is lowering your credit score.<br /> <br /> Some websites will offer to do all of the work for you. However, there are a lot of steps involved in cleaning up a credit history and raising a credit score that are going to require you to take certain steps and file certain forms no matter how much you pay the website for the service. Saving money and doing the job effectively will be a much easier and affordable way to address your credit issues.<br /> <br /> When you use a program or system to increase credit score-clean credit history, there will be some effort and time involved in achieving the success that you desire. There are many aspects to increasing a credit score that are easy steps that do not require a lot of effort. Planning a strategy that includes addressing past debt and avoiding future debt will help you to achieve your goals more quickly. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Want to learn out more on how to <a target='_blank' href="http://www.increasecreditscoresite.com/?31">increase your credit score? </a>, then visit Dan O Spark's site and <a target='_blank' href="http://www.increasecreditscoresite.com/?31">download a FREE e-Book</a> on how to Avoid The Most Devastating Credit Mistakes. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-4886029642941536772009-12-23T06:21:00.000-08:002009-12-23T06:33:41.470-08:00The New Laws Help You Re-Build Your Credit Score and Save Big $$$<div style='font-style:italic;' class='uawbyline'>By Dan O Spark</div><br /><div class='uawarticle'>The credit report is a file with a collection of all the relevant financial information on each customer. In addition to the address and personal details, every application for a loan, credit card and payment history is recorded in the file together with all the payment history and whether the payments were made on time. The report also includes data on the legal history of the person, his law suits, arrests and bankruptcies. The credit reporting companies sell this information to businesses, insurance companies, potential employers and alike. This report actually tells them the person credit worthiness.<br /> <br /> One of the key factors of getting credit and obtaining easy approvals for loans and credit is to have a good credit report. A good credit report also result in lower payments on any desired loan or credit. Recently and currently as you are reading this information the media is full with advertisements of credit repair scams that promise to remove any negative item on the credit report even if it's true. You are promised to increase your credit score from a clean credit report regardless of the real situation and history. Watch out so you don't loose additional money on such services. The truth of the matter is that no one can remove negative items from your credit report unless it's there by mistake. True negative items can be only removed over time with serious efforts to pay the outstanding bills and loans and start paying new bills on time.<br /> <br /> The Fair Credit Reporting Act (FCRA) was designed to assure that the data in each personal file of each consumer is accurate, kept private and it is used in a fair way by the official reporting agencies in the country. The FTC from its part is a key factor in imposing the FCRA on these agencies. The FCRA was recently expanded to further protect the consumers with new demands from the reporting agencies. These new additions are also imposed by law on the businesses that provide the information to the reporting agencies.<br /> <br /> The previous and new measures of the FCRA the reporting parties (organizations, businesses or individuals) have the responsibility to make sure the information in the credit report is not partial and is correct. They have to by these new laws to take all the necessary action to correct and keep the information they sell to businesses and organizations. Every consumer can take advantage of this law and contact the reporting agency demanding them to correct erroneous information<br /> <br /> In order to get wrong information on the credit report corrected and increase your credit score, you should contact the reporting agency in writing explaining what the error was and support it with copies of the necessary documents that prove your point. In the letter you should give all the details that can identify you and the specific item in the report you are referring to, than explain clearly why you claim that the information is incorrect.<br /> <br /> When the problem source seems to be the creditor, than in order to correct it and increase your credit score you should write directly to the creditor and in the letter claim clearly that you do not agree with the information in the report. Again explain why you think the information is not correct or should not be there at all and attach any supporting documentations you have (copies only). By law the creditor has to report to the reporting agency that you sent a disputing letter and if they find you to be right, they should ask the item to be removed from your credit report that will <a target='_blank' href="http://www.increasecreditscoresite.com/?31">increase your credit score? </a>. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Looking to find the best solution to <a target='_blank' href="http://www.increasecreditscoresite.com/?31">increase your credit score? </a>, then visit the increase credit score site to find the best advice and also <a target='_blank' href="http://www.increasecreditscoresite.com/?31">get our FREE e-Book</a> advising you how to Avoid The Most Devastating Credit Mistakes </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-26850464652428808532009-12-18T18:43:00.000-08:002009-12-19T02:44:48.867-08:00Best Rates Loans-Get it by Increasing Your Credit Score in The Method that Fits You Best<div style='font-style:italic;' class='uawbyline'>By Dan O Spark</div><br /><div class='uawarticle'>The way lenders determine the terms and rates of the loans the give you is by looking at your FICO credit score. The FICO score is a financial model developed by Fair Isaac & CO. which takes into account various parameters and determines the financial risk a lender takes when landing money to the borrower. Lenders look at the financial history of the borrower and his credit score to determine how much they will charge for the loan. You need to make sure your credit history is favorable and more often than not you need to take action to increase your credit score.<br /> <br /> Features of FICO:<br /> <br /> The range of scores in the FICO model goes from 300 to 850. People with scores closer to the 300 mark will pay higher interest rates and have less favorable terms than those with high scores close to the 850 mark. In general, FICO scores lower than 620 are considered risky by lenders and will make borrowing money much harder for the borrower.<br /> <br /> The score is determined by using the following factors and their relative importance:<br /> <br /> -35% is figured according to the payment history and past used credit terms.<br /> <br /> -30% is figured by how much outstanding loans and credit one has.<br /> <br /> -15% on the age of the credit history.<br /> <br /> -10% of the score is determined by the number of applications were made for additional credit in recent months.<br /> <br /> -10% of the score is determined by the types of credit that was used like loans, credit cards, leases etc.<br /> <br /> For most of us that do not have plenty of cash or large savings accounts at our disposal, we need to have good and favorable access to additional loans and credit when we want to purchase something of higher value. Since lenders determine the terms and rates that they will charge us by looking at our FICO score and credit history, we need to make sure that score is high. In order to get that we need to work to clean our credit history and increase our credit score.<br /> <br /> The normal tendency is to seek professional help to clean the negative items in our credit history in order to increase our credit score. The available options you have are outlined bellow and usually depend on your personal preference and good understanding what each option means.<br /> <br /> METHODS TO INCREASE CREDIT SCORE:<br /> <br /> 1. CREDIT REPAIR AGENCIES is the first choice we usually make when not checking carefully the other alternatives. You need to know several important facts on this option first. They help by assisting in this new and unfamiliar task by providing all the necessary information to clear the credit history. With their knowledge and experience they can communicate in good terms with the creditors on our behalf. Most of the work in clearing credit history is in providing the necessary information and providing the supporting documentation and it has to be done by you. Also keep in mind that numerous agencies are fraudulent and you need to be very careful. Also remember that this option will cost you more than the other alternatives.<br /> <br /> 2. BOOKS AND MANUALS for the DIY Person: Instruction manuals and detailed guides on how to do it yourself. After reading the manuals and having a clear understanding of the process you can follow the step by step instructions and take the necessary actions to clean your credit history.<br /> <br /> 3. Less known but extremely effective way is to use CREDIT REPAIR SOFTWARE like Credit Repair Magic that provides the needed information and structured assistance in all the necessary tasks to clean your credit history. It generates for you the repeated letters and keeps track on all the activities. With this tool you manage it yourself.<br /> <br /> If you choose to use a Credit Repair Agency you owe it to yourself to make sure you chose the right one. Not doing so can result in selecting a fraudulent credit repair agency that will take your money and leave you in worse situation than when you started. Make sure you verify and check the background of the agency of your choice before you start. Remember that the FTC advices consumers to take control of the process and do it themselves and with the DIY tools and software it can be done safely and inexpensively. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Want to learn out more on how to <a target='_blank' href="http://www.raisecreditscoresite.com/?31">raise your credit score? </a>, then visit Dan O Spark's site and <a target='_blank' href="http://www.raisecreditscoresite.com/?31">get a FREE e-Book</a> on how to Avoid The Most Devastating Credit Mistakes. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-23361764327562718512009-12-15T06:31:00.000-08:002009-12-15T13:49:52.838-08:00Credit Repair Attorney: How to Decide if You Need One to Clean up Negative Items<div style='font-style:italic;' class='uawbyline'>By Casey Deanwater</div><br /><div class='uawarticle'>Credit Repair Attorney: How to Decide if You Need One to Clean up Negative Items<br /> <br /> Fixing a bad credit report is not a pleasant experience. There are basically two ways of going about the credit repair process.<br /> <br /> Many people decide first to fix their own credit only to discover the process is much more involved than they expected. This is because they are trying to save a few dollars by going the inexpensive route.<br /> <br /> Unfortunately you may discover that repairing bad credit is one of those projects that only appears easy. There is so much to the process including legal research and writing, which is challenging even for credit lawyers at times. <br /> <br /> If you are not the type of person who enjoys legal research in your free time, or don't have patience for translating wordy statutes and confusing case laws from around the country, then this might not be for you. But if you are determined enough to plow through the stacks of law books, then you should expect to spend at least a a few Sunday afternoons researching applicable credit laws at your local library.<br /> <br /> Assuming you are able to understand the case law and statutes, then you have to move onto the more important part of credit repair. The next step is to write a coherent and compelling dispute letter. You will need to cite the applicable case law and disputed items.<br /> <br /> For example, the credit bureaus are trained to be on the lookout for those people trying do it yourself credit repair. They can easily spot the dispute letters written by amateurs. This can be a problem since credit bureaus are infamous for ignoring badly written dispute letters.<br /> <br /> Even if you are a good writer, you probably are not going to enjoy standing in line at the post office. To ensure your dispute receives a proper investigation, you will need to mail the letter via United States Certified Mail. <br /> <br /> By now you are probably wishing you had more free time. Mailing dispute letters via certified mail takes a lot of time. Unless you are extremely casual about how you spend your free time, this is probably not worth your time.<br /> <br /> Disputing bad credit errors on your own also takes an organized office space and a strategic plan. For example, you will need a spreadsheet to track the progress of each disputed item. Plus, you will need to give yourself reminders or some type of alert in the event the bureaus or creditors have allowed the proper investigation period to expire.<br /> <br /> As you can see credit repair is not a fun experience. There are so many better and more efficient uses of your time. Plus, it is difficult to learn and apply complex legal statutes and case law to your unique credit experience. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>How to Raise Your Credit Score 163 Points with Lexington Law <a target='_blank' href="http://creditforcouples.com/article/too_cheap_to_hire_a_credit_repair_lawyer.html">credit repair attorneys</a>. actual client case study - See Proof at <a target='_blank' href="http://creditforcouples.com">www.creditforcouples.com</a>. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-62219277679326749222009-12-11T17:45:00.000-08:002009-12-15T10:31:03.385-08:00Personal No Credit Check Loans For Getting Easy Money<div style='font-style:italic;' class='uawbyline'>By Billy Howden</div><br /><div class='uawarticle'>Any man or woman that spends more money than he or she earns will sooner or later experience countless financial problems and no credit check loans are probably the only solution that will get them out of debt. Because of the debts, those people can't even meet their financial obligations and struggle to make ends meet.<br /> <br /> The banks will never offer a loan to an individual that is not able to present evidence of a clean credit history. This is a very big problem for most of the financially impeded people and thus the only solution for them is the no credit check loan.<br /> <br /> The financial institutions that offer this kind of loans will more often than not accept you on the very first day after you apply for a loan. The credit that they will offer you will be free of the complicated documentation that is required for the regular banks. You will not be asked to fax numerous papers and certificates in order to get the loan.<br /> <br /> In order to be eligible for a personal no credit check loan you need to be an employee in an organization or company for at least half an year or have any other sort of income of minimum $1500 a month. Before applying for such a loan, you have to bear in mind that this option is suitable for you only if you face a real shortage of cash and you need money for an urgent situation. Use this only when you have exhausted all the other methods of getting cash.<br /> <br /> The interest rates for personal no credit check loans are quite competitive and you need to browse the internet in order to find the best offer you can get. There are dozens of lenders that can offer you a no credit check loan. Pay attention to the interest rates as well as to the repayment terms.<br /> <br /> The interest rates for the personal no credit check loans are somewhat higher than those applied to the regular bank loans. This thing happens because you don't need to pass any credit check or provide any collateral guarantees. All the cash needs to be repaid on time or else you will have to pay an increased interest for the period of time you were late. This works like a fine for being late.<br /> <br /> These no credit check loans are usually accessed by people who do not have an income enough to solve the problems of financial nature they are facing. The request for the credit is examined the same day you apply and you will usually receive the money into your account in less than 24 hours.<br /> <br /> There is a limit of cash you can borrow via the no credit check loans. Some companies will apply a limit of $ 25000 or even more. Once more pay attention to all the terms and conditions when applying for no credit check loans in order to protect your financial situation. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Billy Howden writes about <a target='_blank' href="http://www.articlesbase.com/loans-articles/no-credit-check-loans-essentials-1109586.html">No Credit Check Loans Essentials</a> and <a target='_blank' href="http://www.articlesbase.com/loans-articles/bad-credit-mortgage-refinance-the-basics-1109606.html">bad credit mortgage refinance</a> </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-17075158593764547842009-12-06T05:38:00.000-08:002009-12-06T10:22:26.973-08:00A Low Credit Score Can Affect Your Purchase of a Home<div style='font-style:italic;' class='uawbyline'>By Casey Deanwater</div><br /><div class='uawarticle'>Purchasing a Home vs. a Low Credit Score<br /> <br /> When your credit report is being reviewed in connection with a mortgage application, the lender will most likely have these questions on his or her mind: Is their credit score acceptable? Is their credit history good? How much income do they have? How much of a down payment will they be providing?<br /> <br /> The negative effects of a less than stellar credit history may be minimized by a large down payment; however, you will still likely pay more in fees and end up with a high mortgage interest rate. The fact is that in the past 12-18 months the minimum score necessary to buy a home has increased. <br /> <br /> There is no way to distance yourself from having a low credit score. A good credit history is necessary to purchase a home, even if you do have a large down payment handy. According to CNN.com, a prospective homeowner's credit score goal should be an average of 758 in order to obtain the lowest interest rates.<br /> <br /> Find Out How to Raise Your Credit Score and Improve Your Chances of Purchasing a Home<br /> <br /> With minimal effort you can obtain your report and see exactly what is there. Often there will be mistakes or errors that you can dispute.<br /> <br /> Your first step should be a dispute letter to the credit bureaus involved. Contacting the creditor directly to resolve the negative entry would be another way to start.<br /> <br /> A well-written dispute letter will often result in the correction of the credit report, i.e. the removal of the negative entry. It is to be noted though that investigative techniques are often careless and error prone.<br /> <br /> This is because credit bureaus must spend potential profits on time and resources to investigate any dispute. The unfortunate truth is that some credit bureaus have found it cost effective to delay or ignore your dispute. Their hope is that you will give up on your dispute.<br /> <br /> How Long Will it Take to Raise My Credit Score<br /> <br /> Many people want to know how long it will be before they can see a difference in their credit score. In most cases, a fair estimate would be 6-12 months.<br /> <br /> This may seem like a long time; however, it is certainly a shorter amount of time than waiting 7-10 years for the negative entries to be deleted. Also, if you want to purchase a home, it is wise to wait the 6-12 months to improve your credit report. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Discover how I raised my credit score from 582 to 745 in four months with the help of <a target='_blank' href="http://www.creditforcouples.com">Lexington Law</a>. Learn the truth about quickly and effectively deleting bad credit at <a target='_blank' href="http://www.creditforcouples.com">www.creditforcouples.com</a>. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-32999273588151122842009-12-01T13:04:00.000-08:002009-12-01T17:37:57.938-08:00Bad Credit Loans-Where To Get Them<div style='font-style:italic;' class='uawbyline'>By Daniel Henderson</div><br /><div class='uawarticle'>The credit score is important factor when determining if a person qualifies for a line of credit. In the United States, three companies Equifax, Experian, and TransUnion record the credit scores. All three companies have their different degrees for calculating the credit scores. Yet all the scores generally mean the same thing. One factor remains the same, if a person has a bad credit score it is difficult for the person to get further credit.<br /> <br /> Based on the bad credit many have, the question is whether they can get a loan. The answer is yes, there are loans available to the people with bad credit. The loans have different terms such as higher interest rates, and possible needing to have collateral for the loan. The collateral is the means to secure the loan if the person defaults on the loan.<br /> <br /> There are financial institutions on the internet that provide the loans to people with bad credit. They will screen the applicants and verify the credit history, yet the applicant will still qualify for the loans. The loans will have higher interest creating a higher payment. Many people with bad credit are willing to pay the higher interest just to get the loan from the online providers.<br /> <br /> The best alternative for the person wanting to get a loan is to wait and reestablish the credit while they wait for the credit score to improve. There are several methods to improve the credit score.<br /> <br /> 1. Apply for a prepaid credit card. A deposit made into a savings account and used as collateral secures the credit card. Using the prepaid credit card will increase the credit rating. Do this for six months and see the difference.<br /> <br /> 2. Pay all bills on time. Each time the bill is paid and the account is current it raises the credit score. Again, do this process for six months and watch the credit rating improve.<br /> <br /> 3. Talk to your current lender to see the about possibly a refinancing or debt consolidation for the loan. This will lower the payments and help to pay off the loan faster.<br /> <br /> Loans are available for people with bad credit. The best option for people with low credit scores is to wait to improve the credit score by making their payments on time and waiting for the credit score to rise higher. The long-term benefits of waiting will mean lower interest rates on the new loans after the credit has improved. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Find the best deal on <a target='_blank' href='http://american-studentloan.com'>low interest student loans</a>, then learn about <a target='_blank' href='http://homeloansalacarte.com'>bad credit home loan refinance</a> for you. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-88374551416931682252009-11-22T10:28:00.000-08:002009-11-22T10:48:16.205-08:00Options For Refinancing A Mortgage With Bad Credit<div style='font-style:italic;' class='uawbyline'>By Harry Halford</div><br /><div class='uawarticle'>If you've refinanced your mortgage you might know what effect it can have on your credit score. There's good and bad ways to proceed with it, all it needs is a little knowledge. There is more than one way to go about applying for a loan when you've had bad credit. Read on and to find out how to refinance with a bad credit history.<br /> <br /> Maybe your aim was to get a loan that would bring down your mortgage repayments and maybe you went about this by getting an uncompetitive mortgage loan refinance package. With hindsight this might have turned out to be a bad decision. This is an all too common story for consumers.<br /> <br /> How do you get a loan after that type of fiasco? Simple ask about FHA loans. The government offers loans to people with bad credit. Even if you have been through a bad credit mortgage refinance you can still qualify. All you have to do is apply. You may wonder how this can be. It is very simple.<br /> <br /> The government wants the American citizens to be home owners. Home owners are tax payers. Tax payers are responsible citizens. It all adds up. So ask your bad credit mortgage broker about it now. You can find these brokers online. Apply today and see if you can find a way to meet your credit needs. There is no better time than now to look for these solutions.<br /> <br /> There may be other possibilities open to you also. If you have been through a bad mortgage experience you can frequently get assistance at state level. The availability of finance options will vary from state to state, but it may an alternative way of improving your situation.<br /> <br /> People are often surprised at how easy it is to qualify. Some are even available with no closing costs. So go check it out. All you need is the help of a credit mortgage broker. They will help you secure that loan for your expenses.<br /> <br /> If you're only goal is a bad credit mortgage refinance then you can easily get help. Just be sure to avoid getting in too deep with regard to interests rates. You better get to it now though. Time is running out to get in on the great deals and offers that the government is offering to home buyers and homeowners. You can ask about fixed rate, adjustable or a combination loan. No matter what loan you choose, the bad credit mortgage broker can help you.<br /> <br /> Everything you need for your home financing is readily available to you. You will need to make the first step in contacting a broker or lenders to see what options are available to you. No matter how bad you think your situation is its not going to go away by itself and there are solutions out there. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Harry Halford writes pieces about <a target='_blank' href="http://badcreditmortgageloansrefinance.com/">refinance mortgage with bad credit</a> and <a target='_blank' href="http://badcreditmortgageloansrefinance.com/bad-credit-home-mortgage/">bad credit mortgage refinance</a> </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-88053885378622163182009-11-22T05:42:00.000-08:002009-11-22T05:50:48.775-08:00Real Estate Investors Need Cash<div style='font-style:italic;' class='uawbyline'>By Nancy Geils</div><br /><div class='uawarticle'>There's a challenge in the real estate investment industry. There are many opportunities for real estate investors to buy inexpensive properties and fix them up and exit profitably... but they need something vital to make it happen. They need cash. <br /> <br /> Real estate investing is a capital-intensive business because it requires tens of thousands of dollars up front in order to get started. You need to put some money down on the property, you need to fund repairs, you have carrying costs. Once you've covered all of those, you can sell the property (or rent it) and make a lot of money but it needs to have the cash up-front first.<br /> <br /> Many brand new real estate investors make the mistake of using their own money to fund the deal. They use credit cards and they borrow against their mortgage. Unfortunately, those tactics have limitations:<br /> <br /> * Credit cards have high interest rates and if a deal goes bad (and sometimes they do), the real estate investor may have a high amount of money to pay down on his or her credit card with exorbitant interest to pay, too. This can damage credit ratings!<br /> <br /> * Borrowing against the mortgage is another way that real estate investors pay for their deals. Although the interest rate is lower, there is still substantial personal risk should the deal ever go south. The borrower could end up with their home repossessed.<br /> <br /> High interest rates, credit worries and even the threat of eviction are all challenging problems that face the real estate investor using their own money.<br /> <br /> But there are other options. Real estate investors need to apply the principle of "OPM" - "other peoples' money" - in order to invest successfully. When they do that, they put other people's money to work for them and they can get better rates of interest and they reduce their personal risk.<br /> <br /> There are several ways to get access to other people's money:<br /> <br /> 1. The real estate investor can contact his or her family or friends and ask them to invest. Sometimes this is a good idea, especially if the real estate investor has a successful track record and the know people with money. However, this can be risky because they could lose their friends or family should a deal ever bust.<br /> <br /> 2. The real estate investor can go to a lender - like a lending institution. A leng institution might lend them money or they might not, depending on the investor's credit rating and how much risk the lending institution is willing to take on. <br /> <br /> 3. The real estate investor can find a group of investors - both individuals and corporations - who are willing to invest. This takes more leg work on the investor's part but it can release a great deal of money to the real estate investor to invest. And there are many investors out there!<br /> <br /> For more information go to www.realestateinvestingnewsletter.com<br /> for your free newsletter subscription! - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Looking to find the best deal on real estate today<a target='_blank' href='http://www.realestateinvestingnewsletter.com'>real estate</a>, then visit www.realestateinvestingnewsletter.com to find the best advice on investing in real estate<a target='_blank' href='http://www.investingwiththestars.net/season3'>real estate training</a> for you. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-54858493502490623492009-11-20T11:24:00.000-08:002009-11-20T12:39:46.093-08:00Choosing The Right Bad Credit Loans<div style='font-style:italic;' class='uawbyline'>By Chuck Lage</div><br /><div class='uawarticle'>Just because you have bad credit does not mean that you do not qualify for extra cash flow help. Millions of people with bad credit are getting bad credit loans and very easily! If you have run into trouble and you need extra money, then you need to look into getting loan online. There are plenty of resources that you can utilize in order to get the proper loan from the right lender. Take a look here first and find out what you will need to do to get back on your feet as quickly as possible.<br /> <br /> Getting a copy of your credit report is going to be the first thing that you need to take care of. If you have a credit score of about 500 or less, you are considered to have bad credit. A credit report can easily be found online for free! Simply look online and in a few minutes you could get the information that you need. Think of this as your second chance to build up a little bit of credit.<br /> <br /> Obviously you have some sort of number in your head that you will need in order to get back on the right track. Make sure that this is all of the money that you ask for. Those who ask for more than they need will run into some trouble when the time comes to make some payments. The last thing that you want is to do is go default on another loan and really ruin your credit!<br /> <br /> Take a close look at the lender that you decide to apply with. There are many predatory lenders that will stop at nothing to take your money and leave you with a lower credit score. Look around at legitimate companies that work with very high reviews. Once you feel you have found the perfect lender for you, you can get started.<br /> <br /> Before you start the application process it is important that you have all of the information needed. You may need to be earning a certain amount of income each month. Most lenders want to make sure you earn $1500 a month. From there you need to have a bank account in order to get your cash.<br /> <br /> Once you have everything ready to go you will be able to start applying for your bad credit loan. The application should only take about 10 minutes to fill out. Make sure your name, social security number and bank information are correct. These are all vital if you want to get your cash approved and deposited.<br /> <br /> Before you sign anything make sure that all of the terms are correct. Pay attention to the payment record and the interest rates are fair. This will keep you from getting into any trouble when you need to start paying the loan back. Sometimes a predatory lender might try to add more fees or a higher rate to get your cash. Just pay attention and know what you should be looking for.<br /> <br /> Bad credit loans are not hard to find. Simply take a look around and make sure that you can qualify for one of these loans. Once you have the right stuff, you will be a day away from getting yourself out of your sticky situation! - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Chuck Lage submits articles about <a target='_blank' href="http://badcreditmortgageloansrefinance.com/">bad credit mortgage refinance</a> and <a target='_blank' href="http://badcreditmortgageloansrefinance.com/bad-credit-home-mortgages/">bad credit mortgage</a> </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-83703764063247644002009-11-19T05:52:00.000-08:002009-11-19T06:26:44.319-08:00Bad Credit Loan<div style='font-style:italic;' class='uawbyline'>By Steve Smith</div><br /><div class='uawarticle'>A bad credit loan is distinct as lending credit to people with bad credit history. There could be several factors why some individuals incur bad credit. The most frequent among these is failure to compensate debts or loans. Failure to pay debts such as credit card debt or mortgage may be due to loss of one's job or someone got carried away and bit off more than he/she could chew. People who have unpaid loans for a long time will most likely have their assets and belongings repossessed.<br /> <br /> If for some reason the person recovered from his/her debts through debt management plan or sheer luck and hard work and desire to start all over for a second time with the help of taking credit loan, the most common loan they would be close in getting at is a bad credit loan.<br /> <br /> A range of bad credit loans are being offered. There are bad credit house loan, bad credit car loan, bad credit consolidation loan, et. al. More often than not, bad credit loans are subjected to a much higher interest rate than regular credit loans. This is how different financial institutions earn profit from lending loans to people with bad credit history. One may suppose that it is a little unfair for people who already have to deal with the stress of having a hard time to pay a prior debt. One should not look at bad credit loan as a fiscal burden. Instead, think of it as deliverance to your credit score or credit reputation.<br /> <br /> For example, a person who had a previous car loan where his car got repossessed (repoed) due to failure of payment now needs to acquire an auto loan. Who would be willing to give him another loan in view of his bad credit reputation? The solution is financial institutions who offer bad credit car loans. Getting a bad credit car loan has several rules such as higher down payments in accordance to the car's price.<br /> <br /> Be sure to assess your situation and make sure you borrow from a reputable and honest lender. Fake lenders are always on the watch for people who are desperate on getting loans.<br /> <br /> A person who has a bad credit history should not lose hope. Both parties (borrower and lender) have much to gain from getting and lending bad credit loans mainly because of the lessons learned from the borrower's past. Just always be on time in paying monthly dues and minimize your debt. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Steve Smith writes for All About Loans where visitors can apply for UK <a target='_blank' href="http://www.allaboutloans.co.uk/secured/self-employed-loans.html">self certification loans</a> and also focuses on cheap secured loans , and <a target='_blank' href="http://www.allaboutloans.co.uk/bad-credit/">loans for bad credit</a> for UK Homeowners. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-40919088090111064572009-11-13T11:23:00.000-08:002009-11-14T13:39:53.284-08:00Credit Repair Help: What You Need To Dispute A Negative Entry<div style='font-style:italic;' class='uawbyline'>By Tiffani G Peterson</div><br /><div class='uawarticle'>These are the steps to follow to clear negative entries off your credit report. Print out a copy and check off each item as you complete it.<br /> <br /> Go to www.annualcreditreport.com and access your credit report from each of the three credit reporting agencies. They'll want personal details like your date of birth, social security number and two years of prior addresses. You'll be directed to each of the reporting agency's websites individually. You'll have 30 days to access your reports though what you see won't be updated during that time. Print out copies for your records.<br /> <br /> Highlight any negative entries. Creditors don't always report everything to every agency so look for differences on each report. If they remove a negative item the are required to notify the other agencies so they can remove it as well if they have it recorded.<br /> <br /> Write a letter explaining why each of those negative items should not be on your report. Additionally, if you have an account that's in good standing that's not listed, you can have them add that. You'll need verification and it might be easier to ask your creditor to report it directly.<br /> <br /> In listing negative items to dispute, include account names, numbers, dates, etc. Write why you're disputing it as well. Valid reasons are that it's an account you never had, the dates or amounts are wrong, etc. If you don't have a better reason, you can always say you don't recall having that account. I'm not saying to dispute items you know are true because most creditors have staff dedicated to verifying accounts and that won't get it off just because you listed it. Plus, lying can get you in trouble.<br /> <br /> The items you must include are your full name with middle name and suffix, current and past mailing addresses for the past two years, social security number, and date of birth.<br /> <br /> You must include a copy of a government issued ID AND a copy of a utility bill, insurance or bank statement. NOT valid: credit card statements, voided checks, lease agreements, magazine subscriptions, or post office forwarding orders. You have to include these items exactly or the reporting agencies will reply they don't have enough information to identify you and tell you to do it again.<br /> <br /> Send your letter USPS certified mail. You run the risk of them "losing" your letter if you don't. You having no way to verify you sent it without certifying it.<br /> <br /> Check the tracking you got on the certified letter. They are required to investigate within 30 days. You should hear back from them shortly after that.<br /> <br /> That's it. You can now take steps to start building better credit. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Fix bad credit! Do your own <a target='_blank' href="http://www.creditrepairsecrets.org"> credit repair</a> without an agency. Visit <a target='_blank' href="http://www.creditrepairsecrets.org">www.creditrepairsecrets.org</a> for free credit repair secrets. </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-62978399910501426962009-11-09T03:24:00.000-08:002009-11-09T03:31:32.946-08:00SBFC Law Group Does Wonders for Credit Repair<div style='font-style:italic;' class='uawbyline'>By Garth Dillon</div><br /><div class='uawarticle'>Many people nowadays are getting hosed when it comes to credit. Whatever you want to blame it on--recession or depression or just bad habits--it's tough to deal with. The worst of it is that when the economy bounces back, you won't have the credit that it will take to be a player in the game.<br /> <br /> Only Frauds Claim They Can Get Rid of Bankruptcy<br /> <br /> Don't spend a dime on some service that tells you they can wholly restore your credit. Credit restoration isn't for everyone and if you have a bankruptcy, it's not going away for about seven years. Any "legit" bad credit on your report is there to stay.<br /> <br /> The First Step<br /> <br /> The first thing that you need to do is to get your hands on all three credit reporting agencies credit reports that they have on you. It's absolutely free because they have to each give you one on demand for free once a year.<br /> <br /> Seven Years Past the Last "Action" On An Report<br /> <br /> Understand that bad credit other than bankruptcies can stay on your report for no longer than seven years (beyond the last action) that was made on the account. Understand? Seven years after your last payment, not seven years after the negative report was logged.<br /> <br /> Credit Reporting Errors are Very Commonplace<br /> <br /> The days when credit bureaus can get away with a mistake on your credit report are lost and gone. Learn the simple methods to challenge negative marks and use them if you come across any mistakes like that. Really! Credit reporting mistakes are no stranger to many.<br /> <br /> Credit Cards - Both Good and Bad<br /> <br /> Finally, after you have done what you can in these few areas, credit repair comes down to building new credit and replacing bad credit. Credit cards are a good and bad because they are great for building credit but if used wrong, they can also quickly kill a persons credit. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'><a target='_blank' href="http://www.sbcflawgroup.wordpress.com/">SBFC law group Home</a> <a target='_blank' href="http://www.sbfclaw.com/representative-clients">Home of SBFC law group</a> </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-85442649900210100972009-11-08T07:46:00.000-08:002009-11-08T08:16:39.252-08:00On The Refinancing Of The Bad Credit Mortgage<div style='font-style:italic;' class='uawbyline'>By Mitch Cox</div><br /><div class='uawarticle'>Investors have the real problems at hand, as sub prime loans are ruined in the environment of unstable financial scenario. The risk is more and investors are eagerly expecting relief. The intensity of risk has turned credit to come at a higher price for borrowers. Bond and currencies have been extremely appreciated in US financial environment and both investors and consumers benefited a lot from the high fiscal growth earlier. This was possible due to unusual low level of risk in the market and consumers enjoyed easy credit facilities.<br /> <br /> It is altogether different in the present environment. The subprime mortgages have lost reliability as the corporate bonds. It is a very critical condition for the house owner. Refinancing house mortgage is a matter of utter confusion. Some citizens are worst hit to pay monthly instalments of adjustable rate mortgages and in the process have lost homes. The problem surfaced from the crashing down of home prices and the slow market.<br /> <br /> Maximum number of borrowers will avail of the bad credit mortgage refinance with the interest being reset because of the refinancing. But there will still be those who will be forced to dispose off property, houses etc., because of their incapability to pay the high interest rates.<br /> <br /> Loan borrowers were in a grave situation owing to the stricter loan guidelines announced by federal authorities. Lenders too publicized risk linked pricing on most of the home loans with a qualifying level to decide the interest rate. The lower the credit score in the qualifying level, the higher the interest rate.<br /> <br /> The Department of Treasury has come out with a certain guidelines to deal with the issue of refinancing bad credit mortgage. This is going to be a relief for about 7 to 9 million owners who will get their mortgages at a better price and thus evading the possibility of a foreclosure. This will be only doing well to the economy by giving the house owners with a favourable payment background with respect to the existing mortgage.<br /> <br /> The federal authorities in the treasury section have finally realized the status of the bad credit mortgage refinance market and have declared a qualifying standard along with program guidelines for the people burdened by it. This loan alteration program is primarily for defaulters and for those who may become defaulters in the near future.<br /> <br /> Those who wish to get the refinance have to be in a really precarious situation which is indicated by the escalation in expenses as well as the decline of their income. They should be able to convince the authorities that they had incurred losses due to the hike in interest rates. Another reason they can give for the same is by showing an increase in the mortgage debt on the asset price. Other causes which prove as instrumental in causing them to arrive at a state of default would also suffice.<br /> <br /> The loan mortgage must have taken place before 1st January 2009 and within the upper limit of 729,500 USD. The asset or the home should have been self-engaged. The documents relating to the present income tax return, pay stubs and an affidavit of the trouble faced by the applicant with his or her signature on it are to be placed. Only those bad credit mortgage refinance and loan modification that are valid up to June 2012 will be considered. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Mitch Cox talks about <a target='_blank' href="http://badcreditmortgageloansrefinance.com/">bad credit mortgage refinance</a> and <a target='_blank' href="http://badcreditmortgageloansrefinance.com/how-mortgage-loan-calculators-help-you-make-a-wise-decision/">bad credit mortgage</a> </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-76314432516469468192009-11-07T15:10:00.000-08:002009-11-07T18:04:39.076-08:00Refinancing Your Mortgage With Bad Credit<div style='font-style:italic;' class='uawbyline'>By Chris Bird</div><br /><div class='uawarticle'>Unemployment numbers are rising higher than usual in the USA. So many families need to refinance their mortgages because they have lost their jobs and are getting less money from unemployment than they did when they were working. Some people are finding it difficult to get a bad credit refinance due to having bad credit and having less income.<br /> <br /> Credit companies are cutting credit limits across the board. It does not matter if you have always paid on time or if you are hardly ever late. They just do not want all that open credit available in case you happen to lose your job and start using your credit cards to pay for regular living essentials. You could soon find yourself looking at having bad credit and it could affect your mortgage too.<br /> <br /> Thank God there are companies out there who will let people with bad credit and lower incomes to refinance their mortgage. These companies usually have employees who get paid on commission, so they really want to close a deal with you even more. They will work hard to get you a loan! These companies are lenient. They do not care if you have been late before on payments. They need you just as much as you need them.<br /> <br /> Sometimes, these mortgage lenders may find someone else to finance you, like the FHA. The FHA will accept lower down payments toward homes, as little as 3.5%, and they will even consider lending to you if you have had a bankruptcy or other bad credit issues. They are a lot easier to get a loan from than most lenders.<br /> <br /> Bad Credit Mortgage Brokers are more understanding about things like having had late payments or other related issues. These brokers know that stuff happens during our lifetime and we may need extra help and a second chance. Most of these bad credit lenders have great relationships with their underwriters and can talk to them on your behalf and get you the loan that you need.<br /> <br /> Before you try to acquire a loan to refinance your mortgage, you should get a credit report. It is a good idea for you to know what is on there before others see it. You can get one yourself through any of the three credit reporting agencies. These companies are online now. Simply type in Equifax, Experian, or TransUnion into your browser and it should bring up all of them and their websites. You can get one free credit report each year. Maybe there are some things on your credit that are not yours. You can go to any of the three credit reporting sites and dispute anything that is not correct on your report. Maybe there are some things that you can fix on your credit to help raise your credit score. The credit reporting agencies will offer advice on things to do to help repair your score.<br /> <br /> Now, you are ready to look for a bad credit mortgage broker. You want to make sure to get a good faith estimate form the broker. Try to get a good faith estimate from at least three bad credit mortgage brokers. This way, you can compare the three and choose the one that will give you more and cost you less. When you are applying for a bad credit refinance, always ask for a good faith estimate.<br /> <br /> Shop around for the right company if you are looking for a bad credit mortgage refinance. Take the time to ask for recommendations from friends and family. Word of mouth is sometimes the best way to find a good reliable, trustworthy company. Above all else educate your self with current rates and requirements before you speak to a mortgage broker. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Chris Bird gives his opionion on <a target='_blank' href="http://badcreditmortgageloansrefinance.com/">bad credit mortgage</a> and <a target='_blank' href="http://badcreditmortgageloansrefinance.com/bad-credit-mortgage/">bad credit mortgage refinance</a> </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-25899031465878146942009-11-07T09:17:00.000-08:002009-11-07T13:44:41.908-08:00Refinance Your Mortgage With Bad Credit<div style='font-style:italic;' class='uawbyline'>By Johnny Hall</div><br /><div class='uawarticle'>The property market has crashed, the stock markets have taken a beating, the unemployment figures are increasing, and the banks are being bailed out. Times are difficult and financial hardships are affecting many households across the nation. Personal finances can be stretched due to unemployment, and people can find themselves falling behind with their financial obligations. Even with bad debts there is a possible way out of this situation. If you meet the requirements bad credit mortgage refinance might the answer for some. Bad credit mortgage could be the way out of unaffordable mortgages and loan repayments.<br /> <br /> Rates have been decreased to record lows by the Federal Reserve, paving the way for financial institutions to decrease mortgage interest rates to an unprecedented level. For individuals a poor credit history, bad credit mortgage refinance is a wise way out of their daunting financial situation.<br /> <br /> In the current economic climate, Bad Credit Mortgage Refinance has prevented the repossession and loss of many family homes. By lowering mortgage rates and therefore lowering the house repayments, mortgage refinance can ease the financial pressures placed on families due to difficult circumstances like unemployment.<br /> <br /> The adverse credit history that home owners can develop due to being unable to meet there financial obligations can be improved after successfully completing a bad credit mortgage refinance. After refinancing the lower mortgage repayments should be at a manageable level and payments will be made on schedule, and then in time this will result in a credit rating improvement which in itself will improve the financial outlook on the individual.<br /> <br /> $8000 tax credits can be granted to 1st time home buyers, persuading buyers hoping to get into the housing market a helping hand. Adverse credit history doesn't have to prevent the prospective home buyer realising their dream, Bad Credit Home Loans can be the solution to those in those people in that situation, and bad credit mortgage refinance are the way forward for existing home owners.<br /> <br /> Because of limited finances individuals buy properties that are run down. And because circumstances change homes can become too small as a family grows. Going through a bad credit mortgage refinance can provide the extra funds to renovate or improve the family home. A bad credit refinance can provide the money to refurbish a kitchen or bathroom, add an additional bedroom or install a new heating system.<br /> <br /> The loss of a loved one is not only emotionally crippling, but can cause significant financial hardship to the remaining spouse. Bad credit mortgage refinance can help to ease the financial burden of being alone after paying final expenses. This can allow the living spouse to remain in the family home and will ensure that the children have shelter after the loss of a parent.<br /> <br /> Bad credit mortgage refinance can also be helpful in the unfortunate case of divorce. The refinance can allow one party access money from the home's equity to provide the other party with their share of the home's equity. Doing this allows one spouse to remain in the family home, providing less of a disturbance to the children and easing the pain of the transition from being one family to two families.<br /> <br /> No matter the reason for a bad credit mortgage refinance, it makes lives easier and allows homeowners to meet their goals, even with less than perfect credit. It does not matter if a homeowner is refinancing to lower a monthly payment because of a job loss, or if they are making home improvements to have a more energy efficient home. Bad credit mortgage refinance has been, and will continue to improve the lives of consumers all over the United States. - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>Johnny Hall talks about <a target='_blank' href="http://badcreditmortgageloansrefinance.com/">bad credit mortgage refinance</a> and <a target='_blank' href="http://badcreditmortgageloansrefinance.com/how-mortgage-loan-calculators-help-you-make-a-wise-decision/">bad credit mortgage</a> </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0tag:blogger.com,1999:blog-3972812915948118378.post-31696651776882551272009-11-05T16:23:00.000-08:002009-11-06T07:53:35.872-08:00Bankruptcy vs. Debt Consolidation vs. Debt Settlement.<div style='font-style:italic;' class='uawbyline'>By John Ames</div><br /><div class='uawarticle'>There are two types of bankruptcies that most consumers file. A chapter 7 or a chapter 13.<br /> <br /> A chapter 7 is the wipe out that most people associate with filing a personal BK. The laws changed in 2005 and it is now more difficult to qualify.<br /> <br /> A chapter 13 is a 3-5 year repayment plan where the courts will determine how much you can pay (based on a calculated discretionary income) YOU MAY HAVE TO PAY OFF ALL OF YOUR DEBT. Only save interest and late fees.<br /> <br /> Debt Consolidation is a program where you make one monthly payment to a company and they disburse it to your creditors. They typically lower your interest rate and the program is for an average of 7 years. "" Approximately 75% of the people who enter these type of programs never complete them. The companies who set you up in these programs earn most of their fees from the CREDIT CARD COMPANIES.<br /> <br /> Your third option is Debt Settlement. Most companies are charging you a total cost of over 65% with no legal fees included. Click on the link and go to FAQ (Frequently Asked Questions) to fully understand why they are charging outrageous fees with no legal representation. There is one program out there, which is directly with an attorney with a total cost of 55% which also includes legal fees and court appearances as required.<br /> <br /> Bankruptcy obviously has the worst effect on your credit. It will appear on your credit report for 8 to 10 years. Debt Consolidation is also a black mark on your credit due to the fact you could not fulfill your original contractual agreement. With Debt Settlement your credit score will decrease significantly in the short term (As you will pay the Attorney instead of your creditors). Once your accounts are settled or eliminated your scores will increase. Restoring or cleaning your credit is fairly simple once your accounts are closed. Most companies do not offer this service with the settlement. WHY NOT ? - 31379</div><div class='uawresource'><div style='font-style:italic;' class='uawabout'><br /> About the Author:<br /> </div><div class='uawlinks'>John Ames is founder and president of legally settle debt. He has an MBA in Finance and over 30 years experience in Finance, Financial Planning, Debt Settlement and Credit Repair. <a target='_blank' href="http://www.legallysettledebt.com">Legal Debt Settlement</A> </div><br /> </div>stevesterhttp://www.blogger.com/profile/00490148348476861571noreply@blogger.com0