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[11 Feb 2014 | Comments Off on Money In, Money Out: Are You Ready for a Personal Loan? | ]
Money In, Money Out: Are You Ready for a Personal Loan?

Many of us experience a point in our lives where we need to borrow money to finance a special purchase or maybe to deal with an unexpected emergency. The financial landscape may have changed considerably over the last few years and lending criteria has been tightened in general but the same principles apply in that you still need to be able to work out if you can afford the payments.
Your current financial position
You may think that you need to borrow some money but before you make any applications for a …

Credit, Headline »

[15 Jan 2014 | Comments Off on Why your Credit Score Matters | ]
Why your Credit Score Matters

A bad credit score can make it hard for you to get approved for a loan, and may even require you to have a co-signer and/or a decent chunk of change to use as a down payment in order to get approved. A bad credit score can put a damper on your career, too – did you know that more and more employers are doing background checks that include a peek at a potential employee’s credit history? And planning for the future — trading in your current vehicle for a …

Credit, Headline »

[2 Dec 2013 | Comments Off on Most Common Credit Myths | ]
Most Common Credit Myths

Most Common Credit Myths
When you want to have a good credit score a little knowledge can be very powerful. Remember that a good credit score can open doors to many great credit offers. When you apply for a loan for a home or car or even a personal loan banks and other financial institutions use your credit report to determine if you qualify according to their guidelines.
Here are a few of the more common myths about credit:
People who lived in your residence can greatly affect your credit history.
It doesn’t make …

Credit, Debt, Headline, Personal Finance »

Six Important Facts About Getting A Title Loan

In today’s lending environment, borrowers have access to a number of different standard and alternative loans, and a person’s unique circumstances may influence the type of loan that would be best. One type of alternative loan that has become popular in the post-recession environment is a “title loan,” which is also referred to as a pink slip loan or an auto title loan.
This type of loan allows the owner of a vehicle to put a car up as collateral in exchange for a loan. Before deciding upon this type of …

Credit, Headline, Personal Finance »

Credit Card Confusion: What You Need to Know About Finance Charges

Finance charges can get out of hand, but if you accelerate your monthly payments you can reduce their impact on your finances.
Credit cards are convenient especially in case of emergencies. They’re also necessary to complete certain transactions, such as making a hotel reservation.
But those benefits come with a high price attached if you’re not careful. Creditors apply finance charges to your monthly statement for any outstanding balances from the previous month. Those fees add up and can easily get out of control if your card has a high interest rate …

Credit, Headline, Personal Finance »

[6 Nov 2013 | Comments Off on Making your Credit Cards Work For You | ]
Making your Credit Cards Work For You

Navigating the financial landscape of your 20s can certainly be a challenge. Between managing student loan debt and paying rent all on an entry level salary, making your credit cards work for you may be at the back of your mind. But it’s imperative for you to pay attention to your plastic and make your credit cards work for you. Here’s how:
 

Credit, Headline »

Millions of Americans Were Recently Reported to have Credit Report Errors – Are you one of them?

A recent study by the Fair Trade Commission found that as many as 42 million American have at least one error on their respective credit reports. In case of 13 million Americans, the errors were serious enough to lower their credit rating. Considering that the credit score is the basis on which Americans are granted loans and mortgages worth hundreds of billions every year, this means that Americans are collectively losing out on billions of dollars in extra payments they have to make for credits that are issued at higher …

Credit, Headline, Personal Finance »

Students and credit cards – searching for the best deal

In recent years, the cost of going to university has risen greatly. From 2012, many institutions saw a dramatic rise in the tuition fees per year to attend campuses around the country. In some cases, the costs rose to a staggering £9,000. This has led to around a 15% drop in applications in many cases, according to sources such as The Guardian who explained university applicant numbers fell by 8.8% in 2012 and 7.2% in 2010 (totalling 16%).
One way that many students who do still wish to attend university are …