credit application

Credit Card Use Is Down

November 30, 2010

Over the past year more than 8 million consumers have eliminated their credit cards. Only about 62 million people have an active credit card now compared with 70 million a year ago. Some of the speculation is that people fell behind on their payments due to the recession and that the loss of the credit [...]

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Things That Will Get Your Credit Application Denied

August 24, 2010

· Low Credit Scores. Your credit score is a compilation of your history, your debt to available credit ratio, your credit mix and other things. There are things you can do to improve your credit score, you should take advantage of them. · Applying for a lot of credit. Every inquiry into your report dings [...]

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Small Business Loans Along With Bulk Food Items

July 8, 2010

You can now pick up some much needed financing for your small business at the same place that you buy your food and office supplies in bulk. Sam’s Club, a membership warehouse and a unit of Walmart, is now testing a program to offer small business loans for its members in amounts form $5000.00 to [...]

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Prepaid Credit Card With High Interest Savings To Boot

June 24, 2010

Mango Money is now offering a prepaid Mastercard with no overdraft or hidden fees and you can also get a Mango savings account that pays 5.1% (yes, that is 5.1% over 14 times more than the current industry standard). And there is no activation fee, no purchase fees and No Credit Check. Of course, there [...]

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Consumers Are Paying Higher Interest On Their Credit Cards

May 3, 2010

Even as the Federal Reserve has announced that it will keep short-term interest rates at a near zero percentage for an unspecified “extended period” and that the prime rate is at 3.25%, the lowest point in decades, most consumers are still paying a higher interest rate on their credit cards than they have in years. [...]

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Secured Credit Cards For Rebuilding Credit

April 23, 2010

If you have struggled through this current recession, because of job loss, business failure, medical problems or whatever and it has caused you credit problems, like bankruptcies or foreclosures, know that you are not alone. Millions of American’s are in the same predicament that you are right now. And you may now have bad credit. [...]

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Short List of Sub-prime Merchandise Cards

April 6, 2010

As we have reported here before, Sub-prime merchandise cards can be an effective way to begin to rebuild credit. Most do not require credit checks and the majority of them report to the credit bureaus. However, do your homework and make sure that they report to the credit bureaus, be aware of how much or [...]

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Final Regulations For “Risk-Based Pricing Notices”

January 14, 2010

The FACT or the Fair and Accurate Credit Transactions Act was passed by the United States Congress on November 22, 2003 and signed into law by President George W. Bush on December 4, 2003. FACT is actually an amendment to the Fair Credit Reporting Act, or FCRA, and it is actually the provision that allows [...]

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Credit Card Providers Are Now Sending Notice

December 28, 2009

Right now the credit card companies are sending out the notices of the changes you can expect when CARD takes effect. They are also sending out the notices of changes that they are making prior to the massachusetts CARD legislation. Read the notices sent by your credit card provider. It is important. Tweet

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