So Uncle Sam’s sending a big tax refund your way. Oh, the things you can buy! Will it be a home theatre system? A flat-screen TV? The newest smart phone?
Hold up there, before that phone looks smarter than you. What we’ve been seeing recently is a lot of people with credit scores as healthy as we are, but who are showing early signs of bad credit card debt.
Is your credit exhibiting symptoms of poor health? If it is, put that big tax refund to work making it well again.
It’s easy to self-diagnose the onset of bad credit card debt if you know where to look. Are all your credit cards at or near their limits? If so, your credit may be starting to feel weak. Credit agencies — and credit issuers — like to see that you still have some credit left, after all. And if yo
Are you struggling to pay off student loans? Well, you’re not alone.
Student loan debt has surpassed credit card debt for the first time, as a growing number of Americans take out loans to go to school. According to the New York Times, the amount of student loan debt is well on its way to over one trillion dollars.
Student loans have often been described as good debt by some educators and economists. “When you think about what’s good debt and what’s bad debt, student loans fall into the realm of good debt, like mortgages,” Professor Sandy Dynarski, an education and public policy professor at the University of Michigan, told the Times. “It’s an investment that pays off over the whole life cycle.”
But with education costs rising every year and student aid cuts in the federal and state budgets, graduates are leaving school with drastically more debt than they did just ten years ago. In 2000, total
Finding a credit card when you have poor credit history can be a challenge. Many credit card companies advertise low APR, minimal fees, and great rewards but upon closer look, you’ll discover that these credit card deals are only for people with good to excellent credit. Does this mean you have run out of options? Certainly not!
It is comforting to know that having bad credit does not need to be a hopeless situation. A low credit score is something which can be improved and you can start by acquiring a credit card that is especially designed for bad credit.
There are many types of bad credit credit cards in the market and choose one that is most suited to you. For example, you can apply for a secured credit card or a prepaid debit card. Both of these bad credit credit cards are popular these days precisely because many people are in need of credit repair. But did you know that there are also unsecured credit cards for bad credit? <
11 Apr
Posted by: Gemma Zox in: Bad Credit News
If you’re hoping to take a spring-break trip or, really, any kind of vacation that requires travel, one of the most important things to remember is financial responsibility. While the hassles of everyday life can often cause vacationers to try to make up for lost fun, over-indulging while on break can lead to even more stress when the trip ends and reality kicks back in — especially if you go way over your budget.
To help you avoid spending what you don’t have, here are three tips to remember:
1. Make a budget — and stick with it. Before you leave for your trip, go online to familiarize yourself with area restaurants and attractions. This will help you set daily budget limits for meals and entertainment. Keep track of your receipts throughout the day for everything from coffee to souvenir t-shirts. Be sure yo
10 Apr
Posted by: Andrew Bunbury in: Bad Credit News
With barbecue season just around the corner, a maker of gas grills and accessories sold at Lowe’s, True Value Hardware and Sam’s Club is closing its doors.
Fiesta Gas Grills, based in middle Tennessee, is filing Chapter 7 bankruptcy with debt of more than $35 million. The company lists only $15,000 in assets, and company officials predict there will be little left for creditors, reported the Nashville Business Journal.
The biggest company to lose out could be Wolfedale Engineering, a company that makes portable propane gas cylinders for the grills made by Fiesta.
Fiesta is owned by Onward Manufacturing, a Canadian company that owns several popular lines of gas grills. Onward only recently acquired Fiesta, which was sold in 25,000 stores across the U.S., in 2010.
Acquiring a car loan can be more complicated if you have bad credit. This is because many lending companies strictly require good to excellent credit. Furthermore, you may find that the lowest rates are reserved for those with above average credit.
Hence, if your credit score needs improvement, you may need to take extra steps to improve your chance of getting approved. In this article, let’s discuss the steps you can do before applying for a bad credit car loan.
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Sometimes, circumstances can cause a person’s credit history to suffer. In the US, thousands of families had been affected by the recent economic recession in one way or another. Many employees found themselves out of work all of a sudden. Even those who enjoy a high position in the company were not exempted from being thrown out of their jobs.
If you presently have bad credit, don’t lose hope. You can take positive action to improve your personal credit one step at a time. In this article, let’s talk about how you can use a secured credit card for rebuilding bad credit.