Credit Card Offers

By Darren Cason

It is very important to compare credit card offers. The first thing you need to do is look at the fine print in the Terms and Conditions, where you can learn more about the card offers. Although some providers advertise cards with no annual fees or zero percent APR, the fine print can often tell a different story.

Another area to look at is the credit card company's policy on fraud liability. The fine print can often lay out stipulations which could mean that you are responsible for some of the charges if your card is used for fraudulent uses. Also consider the APR, since some ads claim to offer zero percent during an introductory period, but the fine print sets out limits on the use of the card in order to qualify for the zero interest period.

Cash advances are another thing to consider before applying for a card. Many cards charge up to 31.99 percent APR for cash advances, which is a very high interest rate. In fact, this is the highest allowed by law. Some card providers even go beyond this rate, believing that they will not be caught.

Be careful of catchy ads, because they can lure you into a card that may not be the best deal for you. Carefully investigate any credit card company before you apply for their card, to make sure that the card is legitimate. This will save you many hassles in dealing with the company later. There are many scam companies out there, especially those that offer credit cards regardless of your credit history if you give them a small deposit. These types of companies are illegal, because credit checks are mandated by law. Be sure you know how to spot a legitimate offer before you begin applying or redeeming chase card or other credit cards..

Snail mail credit card ads are often from illegitimate companies, and you should always toss these ads. Even the ones from legitimate credit card companies like MasterCard, Visa, or American Express should be thrown away. You should do your own research, rather than applying for cards based on heir ads. All cards offer unbelievably great deals according to their ads, but these offers are often negated by the fine print in their terms and conditions.

Finally, make sure you know exactly why you need a credit card. Determining whether you will need cash advances and whether you can and will pay your balance in full every month can impact which card is the best choice for you. There are many options, including those with rewards points or cash back programs. What you want from a credit card will change which card you should choose.

Lastly, use your card wisely. It can be great for paying bills, purchasing necessities when cash is low, or for use during emergencies. However, be sure to use it responsibly.

About the Author:

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Why Bankruptcy Assistance

By Pete Thomas

The current economy isn't in a good shape, also the financial analysts are not positive about the near future, a number of us have had to control our income and may have to take drastic measures! The fact is that you may very well find yourself in debt and you have a problem to pay them off. Many times, the first thing that should come to mind is bankruptcy. Keep in mind, though, that it is not necessarily as easy as it may seem. When considering bankruptcy, keep in mind that bankruptcy assistance is an area that you need to look in to.

When you are considering bankruptcy assistance, remember that bankruptcy is actually not a simple procedure. There are six different chapters of bankruptcy that are regulated under law, and althought most frequently you will find that you are in a position to file under Chapter 7 Bankruptcy or Chapter 13 Bankruptcy, there are still many things to consider. Unless you have some bankruptcy assistance on your side, you may fall into a trap of long term payments and be forced to move forward in much the same way; what is worse, and your credit score will be very low too!

If you are do want to go with bankruptcy procedures, note that you do not need to do it by yourself. There are people who file without professional help, and in many ways, they regretted not looking for assistance. When you are in a position where you are looking to move forward and to make sure that you are getting the results that you need from your bankruptcy, don't leave it to chance.

When you are able to get reliable bankruptcy assistance, you will be in a position to stop and really consider what your options may be. Will you able to get out from under all of your debt free and clear, or will you stop and check what are the different payment plans? It will make a big difference when it comes to filing, and once it is done, you will find that a number of laymen are not in a position to make these choices by themselves.

Whether you see that bankruptcy assistance is the only way out, or still delaying on the idea of whether bankruptcy is the right choice, you will find that this is not a choice that you want to go through by yourself. Getting a local specialist who can make you make the right choices at this critical moment is something that is quite critical, and if you want to make sure that this is the outcome that you don't come to disappointment, it is crucial to find help quickly.

Getting good bankruptcy assistance can assist you get through this difficult time and come through it at minimum risk or damage.

About the Author:

Getting Bankrupt is not a favorable situation to be in. If there is a need to go for bankruptcy, I believe that you need bankruptcy assistance. Do visit our website for more assistance.

Bad Credit Home Loans

By Gordon McKormick

Many consumers are afraid that due to their bad credit they won't be able to get or qualify for a home loan. Luckily for you there is no absolute answer to this question. Sometimes your situation might be bad enough that you can't get one but in almost every case you have a chance.

So how can you qualify for a home loan if you have horrid credit? There are several ways to do it. We will go over a few of them here.

The first thing that you should do is get your credit history. Go to your mortgage broker and just ask for it. Since they want to close a loan with you they will give that to you for free.

Once you have your report in hand you should go through it and make sure that it is accurate. If you have been bad at paying bills then your report will stink. But if you are lucky you will have a few things that are wrong. A quick letter to the service bureaus will fix it.

Once you have your score figured out you can start applying for different types of loans. If you have never bought a new home before you should first apply for a FHA loan. If you can get approved for an FHA you are in luck. You save money on the down payment and on the interest rate.

FHA loans are subsidized by the government for first time home buyers. The great advantage to a FHA loan is that your rate is cheap and your down payment is low.

But do not despair if you don't qualify for a FHA loan. You can still apply to other programs that will help you get into a house. Obviously the worse your credit is the more that you will pay out in fees but you can still get a house.

Your last good option is to just save a lot of money. If you are willing to put 20% down then you have a really good chance to qualify for a home loan even if your credit is bad.

About the Author:

Gordon can help you to find bad credit home mortgages or other types of home loans for bad credit.

Good and Mostly Bad Side of Credit Cards

By Paul J. Easton

More people are now beginning to realize that their financial security is already in danger because of amassed credit card debts. By now, you may be one of them because you are reading this article. Before we go in depth with the details of getting rid of those debts, let us review first your spending style with your credit cards.

There are positive uses of credit card just like rebates, special discounts, and airline miles. However, the rising number of major problems with credit card debts only manifests that credit card use has more negative side than the positive. It seems that responsible credit card use is a non-existent concept in today's ballooning economic problems.

Because of access to credit, one will typically be tempted to spend more than he is usually capable of paying. Regarding the supposed rebates privileges, one would have to spend $50,000 to get $2,500 as 5% rebates on a new car purchase. In reality, though, one usually lost $4,000 worth of value when he drives the car from the showroom.

Personal finance is basically founded on behavior. When you finally decided to get rid of debt, you must stop the habits of spending more than you make. Cut your credit cards now and get another job if you need to.

Scrutinize your financial status and know exactly how much debt you have to pay. Work together with people you love and ask for support. Remember that this will be a very emotional ride for the next months or years.

Bankruptcy is no longer an easy choice and certainly not the choice for you. Most bankruptcy cases can be prevented with appropriate help. If you take the careful step to get back on solid ground more than just basing your decisions on the false promise of the short-term fix that bankruptcy will offer, you will be very happy with that decision in the long run. Bankruptcy is simply not worth it. For valuable advices on how to get rid of debt, go to http://www.Howtogetridofdebt.net/ by Paul J. Easton.

It is truly not easy to face the fact that you are at a verge of being bankrupt. And it simply started with that abuse of your credit card. Now that we are back at reality, just keep on working hard and stay focus on the goal to freedom from debt. If you had just knew that card would mean trouble, you would have been in better shape today. Well, I guess it's a tough lesson, and this lesson of financial life is absolutely more difficult than you thought.

Get debt-free now and change your life for the better with more overlooked techniques on how to get rid of debt here.

About the Author:

Debt - Bonus Credit Reports coming soon!

Foreclosure Help May Be Available To Save Homes

By Michael Geoffrey

In uncertain economic times, when unemployment and underemployment runs rampant, many families also have to fear losing their home to foreclosure. While some may have brought their troubles on themselves through irresponsible spending habits, many others are looking for foreclosure help due to factors over which they have little control.

Food, electric, and heating costs have skyrocketed in recent years, and this has understandably caused many families to decide between using the money they have to pay for the absolute essentials of life only.

Additionally, during last decade's housing boom when money was readily available at low, adjustable rate mortgages, many families were able to buy homes that under other circumstances they would not have been able to afford or been able to receive financing. For many of them, foreclosure help is their only chance of saving their home, but they have to be careful about the type of help they receive or risk being thrust deeper into financial turmoil.

In an effort to assist people who risk being foreclosed on, several state governments have begun to help prevent foreclosure. Some people who need assistance have been victimized by what are often referred to as "predatory lenders" who intentionally offer loans to people that will not be able to pay back the money they borrow. Such lenders allow individuals to change their expenses or income in an effort to qualify for loans they should not be able to obtain.

Getting Help Before Foreclosure

Many people start looking for help after they have been consistently unable to make their mortgage payments and foreclosure now seems imminent. The best time to start looking for foreclosure help, however, is before the foreclosure process ever begins.

Unfortunately, too many fail to take the initial steps and by the time they start looking for alternative funding to save their family home, their credit record is damaged and they cannot qualify for low-interest loans.

Families who need help in making mortgage payments can receive such help from a variety of companies. Sometimes a home mortgage can be reworked so that its interest rate is lower but the loan's duration is extended. This could make the difference between a family losing their home to foreclosure or being able to keep it.

About the Author:

Is secured debt consolidation a good way to get your debt paid off? Learn more about how it works and whether it's a good choice or not at the Debt Smackdown website. Visit http://www.debtsmackdown.com for more helpful information.

Home Buddies Economic Outlook 3 - Credit and Investor Opportunity

By Cliff Pape

Over the past several weeks we have taken a bird's eye view of the US economy. In this post I will be addressing what we will likely see happening in mortgage and real estate markets in 2009. Finally, I will point out the unique opportunities that are available in this type of environment.

Credit Markets & Lending

At the end 2008, probably the biggest news is the determination of the Treasury and the Fed to try to push mortgage rate lower. Six hundred billion dollars of Fannie and Freddie mortgage-backed securities and unsecured debt are to be purchased by the Fed according to their November 25th announcement.

The sole reason the Fed did this was to lower debt cost (i.e. make it cheaper to obtain a mortgage). They are attempting to kill two birds with one stone by making mortgages cheaper in hopes of enticing potential single family home buyers with credit to come off of the sidelines and purchase.

If investors and retail buyers come back into the market, property values will begin to stabilize thereby improving the balance sheets in the banking industry. This has always been the role of investors in the real estate cycle. This is also a plus for the mortgage loan officers and brokers because the credit markets will ultimately loosen and in 2009 the mortgage market should swing back up. The cycle to this point has been fairly predictable and we have long been predicting the next refinance boom following government intervention.

The Real Estate Market

If housing permits continue to slow, it may be some time before the real estate market improves in the US. Keen an eye on a few things in Houston however. Some cities (including Houston) are still countering the global economic trend. However, even in Houston, permits are starting to slow which may lead to a retraction as we move into next year.

However, layoffs will be the big indicator leading into 2009. If we experience substantial job layoffs then the already fragile housing market could experience a deeper setback.

Opportunities

With all the "fear" that is surrounding the mortgage and real estate markets, there has never been a better time to buy single family residential homes. Consumer concern over the financial crisis is causing real estate prices in stable markets, such as Houston, to fall under what the market fundamentals in Houston would otherwise warrant.

With credit standards like they are right now, many investors (and most retail buyers) are out of the game because they are not able to get financing for single family homes. So now is a window of opportunity for smart investors with good credit to buy up undervalued investment properies in Houston.

About the Author:

Home Buddies is a Houston credit repair coach for real estate investors. Home Buddies develops and implements a customized strategy to restore credit and creates a business development strategy to help them overcome obstacles to financing properties and growing their portfolio.