May 2010

CROA-Credit Repair Organizations Act

May 31, 2010

Right now there are many credit repair solutions available to consumers. The fact is that right now many people are in need of credit repair and improvement because of the economic fallout that has occurred in the past few years. But if you are looking for credit repair you should be aware that there is [...]

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Mortgage Interest Rates Expected To Hit 50-Year Lows

May 28, 2010

Mortgage rates are hitting near 50-year lows. Many industry experts are now saying that rates could go as low as 4.5% by summer. Refinances of existing mortgages is expected to increase, however, there are many who will be shut out of the market due to the housing declines throughout the country, where many people actually [...]

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Need A Credit Card?

May 27, 2010

We found a great resource online for those who are looking for a credit card. From excellent credit to bad credit or even limited credit you can just input your info and it will bring up the best offers available that meet your criteria. With good credit you may want rewards or 0% on purchases. [...]

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Free Credit Scores In Certain Instances

May 26, 2010

As a consumer, you have been entitled to get a free credit report from each of the big three credit reporting agencies one time per year for quite some time however, if you wanted the credit scores that go along with it you had to pay a fee. Well, the Financial Regulatory Bill that has [...]

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Banks Protecting Their Profits

May 25, 2010

The CARD act that went into effect back in February 2010, specifies that any payment above and beyond the minimum must be applied to the highest interest rate balance first. However, the minimum payment goes to the portion of your loan with the lowest interest rate, thereby allowing the banks to continue to earn interest [...]

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Expect A Hit To Your Credit Score

May 24, 2010

Many homeowners are facing unforeseen troubles right now. All across the country there are foreclosures in records numbers due to the troubled economy and lax lending standards in the past. Also many homeowners are unable to sell their home for enough to cover their mortgages if they do have to move. However, many of the [...]

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Pay More Or Pay The Minimum?

May 21, 2010

Most people realize that if they pay the minimum payment on their credit cards that it may take years upon years to get it paid off. In fact, now that fact should be in plain view on every single one of your credit card statements, exactly how long it will take to pay off the [...]

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Think You Don’t Need A Credit Repair Professional?

May 20, 2010

Much of the criticism about credit repair companies and law firms center around the fact that you can do almost everything they do by yourself. You don’t actually need to hire a professional. That’s true. You can do almost everything on your own, if you have the time. But even more importantly, do you have [...]

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A Great Credit Card Customer

May 19, 2010

You may have heard someone say, “I’m a great credit card customer. I pay off my balance every month”. Well, yes and no. Yes, it is good for you as a consumer to pay off your debt every month. You never get behind, you never have a late payment, and you avoid being overextended on [...]

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Biggest Credit Mistakes

May 18, 2010

The current economy has wreaked havoc on many people. Many people, even those who previously had stellar credit, have seen their credit scores plunge and they are still suffering the effects of bad times with bad credit. But there is hope. There are some things you can do to repair your credit. But first there [...]

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