Latest Articles from Credit Card Posts

Does It Hurt My Credit if Several Reports Run While Car Shopping?

May 11, 2012 | No Comments »

Auto lenders will often view your credit report prior to offering you an auto loan. The information in your report determines your FICO credit score, which runs from 300 to 850. This information will impact the terms of your auto loan, including the...

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Is your car a filthy mess?

May 04, 2012 | No Comments »

How about your home? Your office? Your yard? Im a little embarrassed to say yes, yes, yes, and yes. Or, at least, that was the old me. Im a hyper, busy guy, so everything was a mess. When was I supposed to find time to organize my stuff when I was...

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Is Unemployment Credible Income?

April 07, 2012 | No Comments »

Unemployment income is temporary income you receive when you lose your job. This money is considered income, though you do lose it when you return to work. When you apply for a bank loan, the bank looks for credible income from sources that...

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Bank loans for buying your new car

Posted by admin at Jan 21, 2012 | No Comments »

The keys of your cherished automobile can be dangling on your fingers if only you had the hot cash in your hands! Auto loans are the ultimate solution to get your desire fulfilled. Yet, there are things to be taken care of in order to get the best deal.

Reviewing your credit history is the first step before you apply for your bank loan. Errors and faults in your credit report can negatively influence the obtaining of your auto loan. Good budgeting is vital to get the maximum benefit out of your auto loan. The terms dictated in your auto loan will specify clearly the amount you need to pay at the time of the sanction of the loan and the overall amount of the loan. Low cost initially will not mean less total costs at the end. Though many prefer to get a low down payment as it is easier to manage, it results in increased total cost of the loan. Read more…

Tags: Loans Loans Buying

United States has Largest Incidence of Credit Card Fraud for 2010

Posted by Gregory Young at Jan 21, 2012 | No Comments »

Consumers beware; the United States officially has the highest rate of credit card fraud in the world — a staggering 47 percent of all cases occurred in the United States.

In 2010, 3.56 billion in payment card fraud losses reported in the United States alone, with another 4.04 billion lost world wide, up more than 10 percent from 2009. The United States counts for 27 percent of the worldwide purchases, but nearly half of all credit card fraud activity, which is explained by the fact that the United States have been last on board with new security measures that have gained popularity in the rest of the world.

Credit fraud can leave a huge mark on one’s credit report and getting the credit bureaus to remove the information can be a hassle, so it’s best to avoid fraud at all costs by frequently checking credit and bank accounts online and freezing a card once fraud is suspected.

Monitoring alone will not prevent fraud, only put it to a halt. To pr

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Tags: 2010 Card Fraud Credit Card Credit Card Fraud

Can Married Couple Claim And Protect Two Separate Homestead Properties?

Posted by Gregory Young at Jan 13, 2012 | No Comments »

 Some of my out of state clients want claim Florida residency to protect assets, but they really do not want to move to Florida. Some married debtors ask whether they can invest in a Florida property and claim the property as their homestead while their non-debtor spouse remain in their family home in another state. Can a debtor and his non-debtor spouse have separate homesteads?

  The general answer is “yes”; married couples can have separate homesteads, but this is the exception, and it is not as easy as most people imagine. The debtor and his spouse have to be legitimately separated and living apart in different primary residences. The married couple does not have to be legally separated under state family law rules, but their physical separation has to be bona fide and not arranged to defraud creditors. Flori Read more…

Tags: Protect Protect Two

Romney Getting Swift-Bained

Posted by Gregory Young at Jan 11, 2012 | No Comments »

The gloves are officially off in the battle for the GOP nomination, and Newt Gingrich’s toadie Super PAC “Winning Our Future” is taking a page out of the Swift-Boating playbook by hitting Mitt Romney where it hurts the most: his years with Bain. Evidently a 30-minute “documentary” is forthcoming, the trailer for which is below. It is said to include four indisputable examples of how Bain under Romney took over companies and looted them, laying off all the rank and file employees. You can expect this storyline to play BIG in blue collar South Carolina. This bit of propaganda is seriously gonna rev up the torch and pitchfork crowd.

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Tags: Romney Romney Getting

How to get best student loans in U.K.

Posted by admin at Jan 10, 2012 | No Comments »

One of the leading loan lending institutions in the U.K. is the Student Loans Company. Those students who are undergoing teacher training courses are also eligible for the student loans in the U.K. along with any student who is resident of the U.K. and pursuing an undergraduate degree in the U.K. Before actually approaching a lender for the loan amount, you will have to make sure that you have all the right documents in place. Most lenders require you to produce proof of admission into an institute and hence ensure that you have this along with you to make sure there are no delays in the process. Some lenders in the U.K. also provide a maintenance grant for the students hailing from low income families. This loan however need not be repaid.

This is primarily intended to alleviate the overall costs incurred by the students from low income families. Read more…

Tags: best loans

Don’t Compromise Your Real Estate Strategy for the Sake of Buying

Posted by Gregory Young at Jan 03, 2012 | No Comments »

  

Many investors in recent months have noticed a decline in REO and HUD inventory in their markets. While some may speculate that we are finally working through the majority of the foreclosure casualties from the real estate crash, many analysts believe the lack of foreclosures on the market has more to do with government intervention. Whatever the case, an investor who has been consistently buying distressed properties may suddenly find themselves looking harder for properties and finding less.

With fewer distressed properties hitting the open market, competition for these properties has begun to heat up.  In my market, I’ve seen prices of properties in the under 100K range creeping upwards as a result of this dynamic. Inte

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Young Adults Hit With Debt in Chicago Harder Compared to Older People

Posted by Gregory Young at Jan 02, 2012 | No Comments »

It’s a tough time for young adults in this country.

They have dealt with increasing costs for higher education on top of cost-of-living expenses that never go down. They come out of college after earning a degree over four to five years and are thrust into a job market that is the worst in decades.

And so many are becoming adults and starting their lives saddled with debt. Many college students live off credit cards. They get little guidance from their parents or other people of influence who can teach them the dangers of overspending and relying on credit cards, which have high interest rates and hidden fees, especially for people without credit.

One solution to the problem is filing for bankruptcy in Chicago.

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Tags: Adults Young Adults

How Do I Select The Best Credit Card For Me

Posted by admin at Dec 28, 2011 | No Comments »

Credit cards are great tools that can be used to build a credit history, have an emergency fund ready and allow for users to make big purchases and pay over time. However, what kind of credit card is going to be the best for you? With so many different cards, it can be confusing to determine what card is going to be most beneficial long term.

How Is Your Credit?

If you have immaculate credit, you might want to find a card that has a 0% APR, or maybe a card that has other perks like cash back or airline miles. However, if you are suffering from bad credit, you might want to look into a secured credit card, or reloadable credit cards that take a deposit upfront for you to use it. Read more…

Tags: reloadable credit cards