The Advantages and Disadvantages of Finance Without Credit Checks

If you are interested in getting a loan and you have a less than impeccable credit record, you might feel nervous about making a loan application. If you do have poor credit, then loans without credit checks may seem to be an ideal thing to ensure you get the money you desire. The fact is that no credit check finance is often difficult to come across. Sadly in addition to this, when a potential borrower looks for loans without credit checks some loan brokers may try to use the loan seeker's situation to sell them a product that isn't necessarily an appropriate one for them. In the case of loans without credit checks then, it could be wise to carry out research prior to committing to a particular loan deal.

It is fairly clear why most individuals with a bad credit history would want a no credit check loan: if potential lenders do not check credit history then no applicant would be highlighted as "risky". In the case of loans without credit checking, financial organisations simply consider that EVERY applicant has imperfect credit and so generally dictate that the loan contract be co-signed and they will often charge the applicant higher interest rates. Any lender will of course understand that applicants who do not want a credit check run upon them will usually posess a poor credit score: if somebody didn't have bad credit, wisdom should tell them to look for a cheaper offering with better terms. But, a no credit check lender will generally declare fairly high interest rates with a shorter repayment period inbuilt. They will probably also want to have a clear understanding of your financial status (i.e. income and expenses) in order to decide if you will actually meet the loan repayments.

Examples of No Credit Check Loans

Payday loans are a common kind of no credit check finance. Payday loans are most often considered to be a very short term loan arrangement as they are, effectively, loan advances made against your monthly pay. The payday loan broker will examine a pre-defined number of your previous pay statements, so that they can clarify the quantity of money they are prepared to lend you. Payday loans are often expensive as the interest rate charged in this type of loan is often high.

Loans Without Credit Checks: What You Ought to Look Out For

If you are considering a particular no credit check loan company, there are some points you should think about:

1) Ensure that you do not accept the product made by the first company you find,
2) Try to locate as many no credit check loan deals as possible to see which one has the best terms,
3) Don't forget that a loan without credit checks will likely not be cheap, so make sure that you do not stretch the truth about your salary and expenses to be certain you can afford the loan repayments,
4) If you have an excellent credit history, you shouldn't apply for loans without credit checks.

The fact is that no credit check loans have significantly helped many people with imperfect credit to get over the problems associated with attempting to borrow money. But they actually come at a price, consequently you ought to have respect for the drawbacks that go with failure to meet the monthly payments of any no credit check finance agreement. To guarantee you are well informed, be certain that you understand the details of any no credit check loan arrangement you are considering... and always closely examine the fine print.

Article Source: http://www.articlesnatch.com

About the Author:
Javier Melendez often writes for the No Credit Check Loan website. His recent output includes articles about unsecured no credit check loans and bad credit ratings.

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Credit Card Debt Relief Services - Is It Hype Or Will It Work?

Being involved in credit card debt is a very common problem and because of this, a number of credit card debt relief programs have been established. You may also have asked yourself if entering a credit card debt relief program of some sort is really necessary.

Most people, especially Americans, are in some kind of debt. It is for this reason that debt relief programs are urgently called for. Debt Relief Programs are also becoming more and more popular for families who are heavily in debt.

Debt Relief, a debt settlement company located in Chicago, has claimed that credit card companies are the root cause of the ever increasing levels of consumer debt.

A lot of people do not realize that their credit card debt relief programs are right within their reach. Credit card debt relief services are able to assist you in working with your credit cards companies, often times reducing the total amount you owe and thus help you get back on course to getting all of your credit card debt paid off.

One of the best ways to get yourself out of debt is to to seek the help of credit card debt relief services. This is especially true if you have a big debt to income ratio. With the help of their services, you will be able to select from a number of different options to pay off your debt.

Additionally, if the amount of money you owe your credit card firms is a lot, and you have to pay them and at the same time have to support yourself as well, then asking the help of these debt relief services is probably your best solution.

The establishments of credit card debt relief programs and services have touched and helped the lives of many people, especially those who are near bankruptcy. Nevertheless, for these programs and services to be effective, you have to control your lifestyle and change your spending habits.

With credit card relief services, a lot of American's lives are saved. Typically an American who finishes college goes to work in a promising company. Then, they spend their hard earned money easily on unnecessary things. Over the course of a few years, their debts start to pile up.

Debt settlement can be said to be one of the best credit card relief programs for you. In order to do this, you need to first know how much money you owe your credit card companies. To locate a good debt relief program that suits your financial situation, you have to keep yourself updated with the most up-to-date developments and news.

Article Source: http://www.articlesnatch.com

About the Author:
Dreaming Of That Completely Debt-Free Lifestyle? Rodney Grid Is A Debt-Free Master Who Can Help You Accomplish Exactly That! Get His Free No-Cost Manual On Consolidate Credit Card Debt And Credit Card Debt Relief

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Background Checks – A Detailed Guide

Most people think that to run a background check you should turn to a private investigation bureau or a security company. In fact, background checks are easy to do yourself, with a little time and effort.

Background checks are widely used in business, human relations, media, education and even for screening day care workers. In many companies, background checks along with psychological tests and screenings have become integral part of hiring a person for higher level positions. You may choose to run a free background check when hiring a live-in caregiver or a nanny.

In many areas of employment, companies choose to run a background check to protect them from potential legal action. Background checks have become more common also after the tragic 9/11 events. For example, no one would wish to unknowingly hire a sales manager who had been found guilty of larceny in another country.

For many headhunters and employers, background checks can be as simple as getting a credit report or more complex checks such as in-depth verification of applicant’s educational background and working credentials. An in-depth background check could even include an investigation by a special agent of addresses where a person lived for the past few years, interviews with family, neighbors, and even ex-spouses.

More often, a background check includes checking recommendations and validating employment history; some positions require an examination of civil or criminal records, an authentication of various professional certifications, and sometimes an inspection of a credit history which is essential for positions related to finance or valuable commodities.

When a hiring company notifies you that a background check is to be performed, it does not mean that an employer has negative feelings about you. In most cases, a hiring manager may even not notify that they require the background check. However, in many cases employers are required to get your permission to access certain types of information.

Most HR professionals already know that all information required for a free background check is public and easily accessible. Sometimes, however, employers would have to pay a fee to access more specific information or hire third-party organizations to do their checks for them. To make sure you have nothing to fear, order a copy of your own credit report, a driving record, and, if you have a court history, legal records.

Generally, free background checks have limited if no access to bankruptcy information that is more than 10 years old or to other civil issues after seven years. The sort of information collected by free background checks can also vary; depending on whom performs the checks.

In most cases, unless you are particularly curious, you don’t have to perform a background check on yourself. However, you may wish to run a free background check on yourself just to make sure no errors have been made or recorded incorrectly. Now you too have the ability, thanks to the Internet to do a free background check on yourself if you really want to. You can make sure that your records are absolutely clean for that extra peace of mind, that may help you get that precious contract or a job of your dreams.

Article Source: http://www.articlesnatch.com

About the Author:
For more information on Background Checks please visit the Financial Services blog.

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Credit Repair: Tricks Of The Trade

Are you interested in building and maintaining great credit? Credit repair and restoration expert Jim Kemish discusses a few powerful credit repair strategies that can produce dramatic results in a short period of time.

Great Credit is Within Reach

The benefits of great credit are significant. The effort that you put into improving your credit score will be well rewarded. Here are the some powerful credit repair strategies that can produce dramatic results in a short period of time.

Check Your High Credit Limits

The relationship between your current balance and the available credit limit on each of your revolving accounts has a major impact on your credit score. Consumers often overlook this important issue. Each and every revolving account on your report should be examined. If the high credit limit is understated send a dispute letter to each of the three credit bureaus asking them to update the information. Don’t bother calling the credit card companies directly. The credit bureaus are responsible. Let them do the work. The results will be better and faster.

Increase Your High Credit Limits

There is one additional course of action that you should consider that can also reduce the ratio of your current balance to your high credit limit. Call each and every credit card company and ask them to increase your available limit. They may or may not agree, but you might be surprised. By the way, please keep in mind that you are doing this to improve your credit. Having a higher credit limit does not mean that you should use it.

Check the Age of Your Accounts

New accounts count against your credit score. Conversely, the credit bureaus will reward you for the accounts that you have maintained over time. When reviewing your three credit reports be sure to look carefully at the initial reporting date for each revolving and installment account. If the age of the account is incorrect on your credit reports send dispute letters to the bureaus. Here also don’t bother contacting the creditor directly. You will find that this is well worth the time involved.

Resurrect an Old Account

It is not unusual to discover an account on your credit report that you forgot about years ago. If you don’t have much credit please don’t cancel the account. If you no longer have the card in your possession I suggest that you call the company and obtain a replacement card. When you get it you should make a small purchase. The exact algorithm used in the FICO score is a secret, but based on our observations it is best to have some occasional activity on a credit card. Old accounts are good accounts!

Secured Cards

If you have limited credit and want to improve your credit score it is essential that you get a few credit cards. Secured credit cards are an excellent option that is available to everyone regardless of credit history. In the credit repair business we recommend this course of action. It is true that opening a new account will have an adverse impact on your score, but it is worse to have a lack of credit. In this situation secured cards will have an important and positive impact. Typically there are some fees involved with these cards as well as relatively high interest rates.

Authorized User Cards

In addition to getting a couple of secured credit cards you should also ask a trusted friend or relative if they will make you an authorized card member on one of their accounts. Currently the FICO scoring model seems to give new authorized card members the full score benefit of the principle card members credit history. Please be aware that authorized user status is not the same as additional card member status. Authorized user status does not require that you qualify, and either your friend or you can cancel your status at any time. I suspect that both you and the principle card member will favor the authorized card member status.

Post Bankruptcy Cleanup

If you have had a bankruptcy you should take action to clean up your credit with all three bureaus immediately upon receiving your discharge. If you don’t feel up to the task of dealing with the paperwork I suggest that you hire a reputable credit repair company. A reputable credit repair company will be inexpensive and be able to do this for you very quickly. The credit bureaus are required to remove all of the derogatory information from each account that was discharged. If you don’t take action to clean up your credit report it will not happen by itself. A comprehensive post bankruptcy clean up can have a dramatic impact on your credit scores within as little a sixty days after your discharge.

Article Source: http://www.articlesnatch.com

About the Author:
Jim Kemish is the president and founder of Power Mortgage, a Florida mortgage company based in Delray Beach, Florida. Jim is also the President of Sky Blue Credit, a national credit repair business.

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Instant Pay Day Loans: Bridging the Gap between Two Paydays

by Richard Pasic

Most of us face urgent financial crisis in the middle of the month owing to some or the other reasons. They may be some unanticipated bill or anything which are unbudgeted and unanticipated. You can't always ask friend or relatives to lend you some money and feel embarrassed. Well here is a solution for all your problems in the guise of instant pay day loans. All the extra expenditures regarding cash whether in personal or professional life can be overcome by instant pay day loans...

Brief review

Instant pay day loans help us to get small loans between £100 and £1,200.The borrowed cash has to be paid back within stipulated time as fixed by the lender's office with rate of interest added. Mostly the time given is 31 days from the sanction of loan. If the applicant can't pay back in between this period he may ask for some more time provided he informs lender's office and pays back the sum with extra fee and rate of interest. Fast and short term scheme of these loans reasons for the high rate of interest high and varies from one lender to another.

Requirements to be fulfilled

• The applicant should be employed on regular basis and an evidence of his current income in the form of recent salary slips be produced . • He\She must have a current and valid bank account. • The applicant should not be minor i.e. he\she should be above the age of 18 years. • He\She should have paid back all loans taken before. • Applicant must be a resident of UK.

Features

Instant pay day loans are sanctioned the next working day if found eligible after the application. The best feature is that online mode of approval which is also available. After the loan gets sanctioned the amount will be credited into your bank account within 24 hours. For security the lender may ask the borrower to provide him with a postdated cheque which includes the lender's fee and the borrowed amount which will be returned back when the lender gets back his amount otherwise it will deposited in borrower's account to get back the money. Thus one can easily avail instant payday loans without much paper works and extensive verifications. Hence this scheme helps all types of people to solve their financial urgencies and even proved to be helpful for those with bad credit. This scheme helps to keep the financial worries off your head and hence lead a tension free life.

About the Author
Richard Pasic has been associated with Instant Loans UK. He is offering loan advice for quite some time. He writes on various types of loans. To know more about Instant loans, Instant personal loans, instant cash loans, instant Loans UK visit http://www.instantloansuk.co.uk
source:www.goarticles.com

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Make Sure Unemployment Insurance Works For You

If you want to make sure that unemployment insurance works for you then you have to ensure that you read what is there in the small print set out in the policy. The small print is where you will find the exclusions and these are what could stop you from claiming on an unemployment insurance policy.

When unemployment insurance does work correctly it will give you peace of mind that if you should suddenly find yourself out of work due to unemployment through involuntary redundancy then you would still have a sum of money each month to pay your essential outgoings. This could mean the difference between you being stress free and worrying about where you are going to find the money to pay your bills and essential outgoings such as your monthly mortgage or loan repayments.

A good unemployment insurance policy would start to pay out once you have been out of work usually for 30 days or more and would continue to provide you with a fixed income which is tax free each and every month for up to 12 months (and with some other providers, for up to 24 months).

You do however have to make sure that an unemployment policy would be suitable for your circumstances as it isn’t a suitable product for all individuals. Some of the most common reasons which stop people from being eligible to claim on a policy include not being in full time employment, being retired, suffering from a pre-existing illness.

When you have determined that an unemployment insurance policy would suit your circumstances then shop around among the standalone providers as they are normally much cheaper than their high street counterparts and let them secure the best premiums on an unemployment insurance policy for you to enable you to have peace of mind for the future.
If you want to make sure that unemployment insurance works for you then you have to ensure that you read what is there in the small print set out in the policy. The small print is where you will find the exclusions and these are what could stop you from claiming on an unemployment insurance policy. When unemployment insurance does work correctly it will give you peace of mind that if you should suddenly find yourself out of work due to unemployment through involuntary red...

Simon Burgess is Managing Director of the award-winning British Insurance, a specialist provider of unemployment insurance, loan protection insurance and income protection insurance.

Article Source: http://www.eArticlesOnline.com

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Offset Mortgages Can Save You Thousands

Offset mortgages offer an attractive alternative to traditional mortgages and can save you thousands over the long term.

Buying a home is an exciting time, and it is the biggest financial purchase that most people undertake. The majority of homebuyers cannot afford to buy a house outright and it would be impractical to save up the full amount of the house before you bought it, because you would need somewhere to live in the meantime. Therefore, the usual practice is to take out a mortgage – a loan secured against the property you are buying.

In the United Kingdom, there are different types of mortgages to choose from, which include a mortgage that is a big success in Australia, from where it originated. It is called an offset mortgage. Basically, offset mortgages use the interest earnt from your savings accounts and current accounts against your mortgage interest; and as a result this reduces your overall mortgage repayments.

With offset mortgages, your mortgage account runs alongside all your other accounts, and the net balance for all the accounts is calculated, normally on a daily basis. The interest is then worked out on the overall total you have in your accounts. All the interest you have earnt from your savings and current accounts goes straight into your mortgage account.

As with most mortgages there are variations around this theme, such as a current account mortgage (CAM). Your salary is paid directly into your mortgage account where it immediately reduces your mortgage balance. You can then draw against the account for your normal spending as you would with an ordinary account. The mortgage balance and interest is calculated daily, so even if money were left in your account for a short period, it would still have some positive impact on the cost of your mortgage.

Offset mortgages are very efficient. They will enable you to dedicate the bulk of your savings to reduce your mortgage, which can save you thousands of pounds from the mortgage cost, and allow you to pay off your mortgage early. You would still have the flexibility to divert your savings to other uses, however you would give up some of the savings made on your mortgage.

The drawbacks to offset mortgages, is that the mortgage interest rates can be higher than the deals you could get on other types of mortgages, and there are often no special offers, such as low discounted rates for the first few years. If you tend to keep a low balance in your current account and have little in the way of savings, the benefits you get from combining the accounts may be too small to outweigh the extra cost of the offset mortgage. You also need to be efficient with keeping track of your financial outgoings, especially in the case of a CAM where you have just a single account for both your mortgage and current account.

You do not necessarily need an offset mortgage to pay off your mortgage early. You could have an ordinary mortgage and a completely separate savings account. Then, occasionally you could use your savings to pay off a chunk of your mortgage, which could end in you paying off the mortgage early. However, unlike offset mortgages, you would have to pay the tax that was earnt in the savings account.

An offset mortgage could be the right mortgage choice for you, if you are good with your finances, generally have a high current account balance, have reasonably high savings and you are a taxpayer, particularly a higher rate taxpayer. In the United Kingdom, an increasing number of financial lenders are offering offset mortgages because of the benefits they offer to the customer.

Article Source: http://www.articlesnatch.com

About the Author:
The Author, Donny Kemble, wrote the article on ‘Offset Mortgages Can Save You Thousands’ and recommends you visit www.offsetmortgagecentre.co.uk/offset-mortgages.html for more details on offset mortgages.

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Entertainment Credit Card. Apply For A Credit Card Of Your Dream

Have you ever dreamt about getting an exclusive credit card with which you can pay for everything without worrying about your balance? If you have, then, an entertainment credit card will make your dream come true! You will get a credit card that has absolutely no limit and offers you benefits and perks other card users can only dream of!

If you have decided to get one you have to know that entertainment cards differ a lot from most credit cards used by regular customers and that's why they are some of the most difficult to get. If you want to apply for this card, you should be aware that you must have an impeccable history of credit card use. Your purchasing power and past credit use will be also checked very carefully. So, these credit card applications are quite challenging!

You have probably heard that entertaining credit cards are available to only selected group of people and are typically reserved for high earners; I should admit that it is true.

Usually people who earn more than 100.000$ per year are qualified to get one. And it is quite reasonable, because if you have an entertainment credit card, you have to follow very strict rules and regulations, like paying balance in full during 30-60 days, if you don't do so, you will incur large fees on your account.

Your account will be cancelled in case of failure to pay balance in full regardless of balance amounts. To be honest, I used to have an entertainment card. Once I had some financial problems due to one awful situation that happened at work. As a result I was not able to pay balance and my account was cancelled. Unfortunately, I will never be able to have this kind of credit card again. As you see the accounts have to be always kept in order. That's why you should earn a lot to afford to pay back charges.

Fortunately, large purchases may be given an extension that can be paid out during a few months. For example, charges that are connected with traveling can be paid in 36 months.

I also have to point out that the interest rate of entertainment credit cards is rather high, it is usually between nineteen and twenty percent.

You will probably wonder why people want to have the entertainment credit cards, then. Is it just a sign of high financial status or something else? There is no doubt that it is very prestigious to be an entertainment credit card owner, but there is much more than that.

First of all, most entertainment credit cards have no credit limit, therefore account holders make large charges for any event at any time, without worrying about a credit limit. If you have an entertainment credit card you should never worry about carrying cash on you or going to bank to cash checks, which is really comfortable.

Last year my friend Michael (who is the lucky guy, because he has this card) had a big birthday party. It was unbelievable! He invited more than two hundred guests on a huge black yacht that he rented. There were all kinds of things: entertainment, fireworks, loads of food and drinks. I was amazed! Sure enough his method of payment was not cash (believe me the party was very expensive); it was his privileged entertainment card!

The other advantage of entertainment cards -is their buying power. It is better than Regular Visa or Master Card even though they are not so widely accepted. As I have noticed before, the entertainment credit cards offer great perks and benefits like insurance and cash advance.

Now you can see that entertainment cards are not all about prestige, they are really the best cards one can get. So, if you want to make your dreams come true, go for it, because entertainment credit cards are something to aim for!

Susan West writes about credit cards applications including cash back credit cards and no fee credit cards.

Article Source: http://www.ArticleBiz.com

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Insecurities Do Brood Over Security Loans

By: Angelo Drew

What about a loan? The question itself brings into your mind, the picture of financial support from a bank or any financial institution in return for a little rate of interest. Obviously, any customer on hearing the word loan thinks of obtaining monetary benefits in return for any asset kept as security. The term secured loans has become so familiar and hearty to us.

If asked for a definition, it’s sure that you will define it as a monetary support obtained after the deposit of any valuable asset as a security. Most probably the loan lender demand for the house of the customer as a security, which the customer will have to obey with.

Reasons Tending Customers to Go For Secured Loans

Is there any reason for most of the customers choosing for secured loans? Definitely, it’s the easy availability and the low rates of interest that is alluring most of us to these loans. But is it all that safe and secured as it seems to be? In reality it may from what is seen outside. All that glitters is not gold. Do please remember that.

A lender can always trap the customer using alluring and attractive catch words like 0% premium or interest rates along with instalment terms. But do have a detailed look into the conditions in details. In most cases, there are chances of charging heavy interest rates once you get availed the financial assistance. To avoid such an embarrassing situation, do please take proper care.

Also if you have any plan to take a loan, do care to pay the interest and the principle amount back within the prescribed time limit itself failing to which can lead to legal problems even loosing the house kept as a security. Another trap laid in condition, which is necessary to be looked into.

As such you can find no problem in availing secured loans, if follows strictly the rules and regulations. Avail it., enjoy to the maximum, but always remember the above mentioned to avoid any ill effects.

For more information about loans( Cheap loans, Compare Loans etc). please visit: http://www.chance4finance.co.uk/

Article Source: http://www.ArticleBiz.com

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Parents Are Sacrificing Financial Future In Increasing Numbers

New figures indicate that parents are piling financial pressure upon themselves by funding their child's private education.

According to the latest research by JPMorgan Asset Management (JPMAM), almost 1 in 5 parents (18 per cent) have been shown to have reduced or missed payments to either their partner's or their own pension scheme in order to pay for private education for their children. A staggering 36 per cent indicate that they have used money that was being saved for other purposes to pay for a private education. Findings from the firm also showed that 25 per cent of parents are happy to take money from their saving and investment accounts rather than create a specific fund for their children's schooling - only eight per cent of respondents were indicated as setting up a scheme for this particular purpose.

Commenting on the figures, James Saunders Watson, head of sales and marketing for investment trusts at JPMAM, reported that by consistently making such sacrifices parents could be damaging their ability to service other demands on their finances such as making personal loan and credit card repayments.

He said: "It is concerning to see that so many parents (18 per cent) feel the need to make sacrifices or reductions to either their own, or their partner's pensions, in order to fund their child's private education. What's also worrying is that the costs of private education can eat into standby savings which some parents may have put aside for a rainy day to use on other financial commitments such as saving for a family holiday or funds for unexpected costs or emergencies."

And with 29 per cent of parents claiming that private education costs account for nearly a fifth of their annual income, it was suggested that such expenses can be a "significant financial sacrifice" for many mums and dads. Consequently, a number of consumers were shown to be using "cash windfalls" to fund their child's tuition, as 16 per cent look to use their bonus and eight per cent use inheritance money - both sources of income which are not guaranteed. Mr Saunders Watson added that the recent "volatility" seen in the global economic market should act as an indicator that consumers should look to save or invest money regularly instead of contributing "lump sums on an ad-hoc basis".

Those concerned they will be unable to manage the costs of sending their child to private school may wish to take out a debt consolidation loan. By merging previous debts accrued from various loans, credit cards and other forms of borrowing, consumers may be able to free up more money each month which in turn could be put toward tuition fees or saving into a pension scheme. Earlier this year, Adrian Kidd from Mint Financial Services claimed that opting for a debt consolidation loan could be a wise option for those wishing to pay off money on a number of plastic cards.


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Abbi Rouse writes for All About Loans where visitors can apply for personal secured loans and also focuses on loans in the UK , and fast secured loans for UK Homeowners. Visit today http://www.allaboutloans.co.uk

Source: http://www.articlealley.com/article_217458_19.html

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How To Quickly And Easily Dispute Any Credit Card Charge

If you've ever opened your monthly credit card statement only to find a charge that wasn't authorized by you, read on. Disputing a credit card charge isn't as difficult as you might think, and filing a dispute doesn't have to take you all day either.

So if you've been a victim of credit card theft or an unauthorized charge, grab a pen and paper and take notes. These easy to follow steps will make the process of disputing a credit card charge a piece of cake.

Step 1: If you share the credit card with anyone else in your family, be sure to mention the purchases to them and see if they were responsible. Many times, purchases are made by other family members and are mistaken for fraudulant charges.

Step 2: Make a notation of all charges that appear on your bill which you do not recognize. Simply grab a yellow highlighter and highlight each transaction in question.

Step 3: Contact your credit card company. At first, you'll be directed to a general customer service representative who will go over the preliminary details with you, cancel your existing credit card, and initiate the process of sending you a replacement. After you're done there, you'll be transferred to the fraud department where you will spend a few minutes answering questions related to the charges. Once your report has been completed, they'll mail you a form that you'll need to sign off on which simply states that the purchases in question were not made by you. Typically, you have 30 days to return this form to the credit card company.

This entire process should take you a total of 1-2 hours. As you can see, disputing a credit card charge is not as big a deal as many would believe and you don't even have to "fight" your credit card company to avoid paying for the unauthorized charges.

If you've ever opened your monthly credit card statement only to find a charge that wasn't authorized by you, read on. Disputing a credit card charge isn't as difficult as you might think, and filing a dispute doesn't have to take you all day either. So if you've been a victim of credit card theft or an unauthorized charge, grab a pen and paper and take notes. These easy to follow steps will make the process of disputing a credit card charge a piece of cake. Step 1: If ...

Visit the Credit Card Forum at http://www.TheCreditCardForums.com/ today. Get lots of great tips on prepaid credit cards and more. Registration is free!

Article Source: http://www.eArticlesOnline.com

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An Online Balance Transfer Credit Card Application vs. Offline

By: Max Anderson

Should you opt for an online balance transfer credit card application or opt for the old-fashioned way and mail it in? Balance transfer credit cards are all the rage, and it's no wonder with low interest rate offers abounding and consumers becoming increasingly-conscious of paying down their debt. But what is the best way to apply for a balance transfer credit card? Online or off?

Here are some things to consider.

1. Instant Approval

With the old fashioned balance transfer credit card application, you had to have the application mailed to you (or pick one up at a store or a bank) and then fill it out and mail it back in. Then wait a few weeks for the credit card company to process the application and wait even longer for the reply (or the card) to be mailed back.

Kiss all that waiting goodbye.

Nowadays, thanks to online balance transfer credit card application websites, long waits are no longer the norm. Simply log onto the Internet, find the best balance transfer credit card for your needs and fill out the online balance transfer credit card application. Click the "submit" button and you're done.

Many websites will process your application instantaneously and those who don't can get you a response in as little as a few days. Forget waiting weeks. Your new balance transfer credit card can be in your hands in just a few days thanks to today's online balance transfer credit card application.

2. Better Access to Information

When you have a paper balance transfer credit card application, you can see the terms and conditions of the card (in legal jargon) and a few lines of info regarding the card's benefits, but it's not a lot to go by. With on online balance transfer credit card application, however, you have access to an entire website.

Today's credit card application websites are much more informative than the three-fold pamphlets of days gone by. Many websites offer pages of information regarding the card's terms and conditions, benefits and contact information.

3. Hand Cramps

Of course, filling out on online balance transfer credit card can be a lot faster than filling out a snail mail application. Instead of manually writing all of your information in, you can type it into the application in just seconds (depending on how fast you type).

With today's hectic lifestyles, every minute counts. Faster processing, more convenience, better information -- the list goes on. It's not hard to see why so many consumers are opting to fill out an online balance transfer credit card application rather than the old-fashioned snail mail version.

For more tips on balance transfer credit cards, saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources. http://www.creditcardtipsetc.com/balance_transfer_credit_cards/

Article Source: http://www.ArticleBiz.com

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Is There a Chase Credit Card in your Wallet?

By: Max Anderson

Do you have a Chase credit card in your wallet? You might, without even realizing it. Chase is one of the biggest names in the credit card industry and they literally offer a credit card for everyone. If you don't have a Chase credit card in your wallet, you don't know what you're missing. Here are five of the most popular Chase credit cards out there.

1. The Amazon.com Card

Love it or hate it, you have to admit there are deals to be had on Amazon.com. I will freely admit I'm addicted to the site and I don't mind saying that I want to be rewarded for the multiple purchases I make there each month (yes, each month). That's why I personally carry this particular Chase credit card.

What does the Amazon.com card offer me? Three points for every dollar I spend at Amazon.com and then 1 point for every dollar spent elsewhere. Then I can turn those points into Amazon.com gift certificates and get some of my purchases for free.

2. Disney Rewards Visa

The Disney Rewards Visa is another popular Chase credit card and it's one my mother-in-law carries regularly. She charges all of her purchases on it (paying them off in full every month of course) and then uses the rewards from the card to fund a portion of her Disney World vacations.

3. The BP Card

The BP Card is the perfect Chase credit card for anyone who's serious about saving money on gas purchases. After all, gasoline has become a big budget killer. This particular Chase credit card will earn you rebates of 5 percent whenever you use the card at a BP. That's a five percent gas rebate. That's like taking your gas prices from $2.99 per gallon to $2.84 per gallon. Who can argue with that?

4. Student Credit Cards

If you attend a major university, chances are there's a Chase credit card designed specifically for you. Names like Duke, Ball, California State, Harvard, NC State, University of Chicago and dozens more all have their own Chase credit card designed for students. It's not only a great financial tool for newbie cardholders, but it's a great way to show school spirit.

5. Charitable Organization Credit Cards

If you think the best rewards are to be had from giving to others, then a charitable Chase credit card may be for you. With every purchase you make on these cards, a percentage of the total is donated to the charity sponsored by the card. Organizations like the ASPCA, Best Friends Animal Sanctuary, The First Responders Foundation and the National WE CARE Foundation all have a Chase credit card behind them.

As you can see, there's no lack of Chase credit cards available. No matter what your needs or preferences are, there's a Chase credit card to suit your needs perfectly.

For more tips on credit cards, saving money and avoiding getting taken, check out CreditCardTipsEtc.com, a website that specializes in providing credit card tips, advice and resources. http://www.creditcardtipsetc.com

Article Source: http://www.ArticleBiz.com

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Evaluating Credit Card Processors and Their Fees

If you are starting or currently operating a business you are aware of the importance of accepting credit and debit cards. Nearly 80% of commerce today is done in a noncash form while online businesses are accepting credit and debit cards for over 90% of their business.

Where does someone start when looking to open a merchant account (credit card processing account)? There are hundreds of companies on the internet that currently provide these services in an unregulated industry. Companies such as Internet Merchant Accounts and High Risk Merchant Accounts are BBB members which provide retail and internet solutions.

One of the most confusing sections of merchant accounts are their fees. There are nearly 10 different fees plus the rates. The fees and rates are higher if you are accepting cards over the phone or on the internet. This is because there is a heightened risk of fraud. When applying for a merchant account there are several portions of the application that are related to your business. The first part will be what goods or services your business provides. This will follow by the length of ownership, your estimated monthly volume, your typical sales amount and estimated highest ticket amounts. Processors will also require a percentage broken down into how many transactions you process face to face or over the phone/internet.

The fees involved which merchant accounts consist of; transaction, ACH, Decline, Annual, Chargeback, Early Cancellation, Minimum Monthly Discount and Statement.

A transaction fee is a flat fee for each transaction. Usually $.20-$.30. ACH fees or batch fees are daily fees for everyday that you have processed cards. For example if you are open Monday- Friday and process cards everyday you are open, then you will be charged an ACH fee each day (Monday-Friday) which is usually $.25-$.30. If you are closed one day and process no cards then you will not have to worry about the ACH fee on that day. A decline fee is a fee that is charged (usually $.25) for every card that is declined. An annual fee is a fee that is charged yearly for service. A chargeback fee (usually $25) is a fee that ALL processors have. This states that if a customer is satisfied with a transaction they have the ability to chargeback the amount and the merchant will need to deal with the bank directly to try and receive the funds back. Early cancellation fees are just what they sound like, fees that must be paid if the merchant cancels the merchant agreement before the term of the contract is up (usually 36 months). The minimum monthly discount fee is a fee accessed for merchants that do not process the minimum set in the contract (usually $2,500). We suggest that you avoid any company charging an annual, early cancellation or minimum monthly fee.

The discount rate is the percentage that is charged on every transaction. The discount rate ranges from 1.75% for retail to 2.25% for internet merchants. If you business is considered “high risk” you can expect to pay 7.5-8.5%+. High risk companies would include; travel timeshare, adult, pharmacy and business opportunity companies.

Companies that are processing phone or internet transactions are required to use a secure gateway or virtual terminal. This terminal allows the user to login from any computer with an internet connection and charge, refund or authorize cards. You are also able to accept e-checks, search through all transactions and verify settlements.

The most important fragment of merchant accounts is that you need one! The fees may look extensive but by working with a reputable processor you can maximize your profits and minimize the headaches. Our company uses PowerPayServices.com for processing and they have an impressive client retention rate of over 98%! Whoever you might use please make sure they are part of the Better Business Bureau. Do your research and you will be satisfied down the road.

Credit Card Processors and Internet Merchant Accounts published by Charles K. Carillo. Charles K. Carillo writes a number of Credit Card articles. The writer concentrates on articles about Internet Merchant Accounts and High Risk Merchant Accounts.

Article Source: http://www.ArticleBiz.com

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Home Equity Loans-How To Zero Out Credit Card Debt

Millions of Americans are up to their ears in debt. They struggle every month just to meet the minimum payment which just prolongs the debt. Credit cards have high finance fees. Hence, it is difficult to pay down balances. In most cases, the minimum payment barely covers the finance charges. This makes it difficult to reduce the credit card balance.

One approach for eliminating or reducing debts involves acquiring a debt consolidation loan. Although debt consolidation loans will not miraculously eliminate your debts, these loans make is possible to reduce your debts faster.

In 2005 the value of home equity across the US was $11.3 trillion. The percentage of home ownership in 2005 was 69% down slightly from the record 69.2 % in 2004. Almost 124 million Americans own their own home. There is plenty of money available to lend.

If you obtain a debt consolidation loan, all your credit balances are lumped into one loan. Furthermore, debt consolidation loans have reasonable interest rates. This enables you to become debt free within a few years.

There are various ways to obtain a debt consolidation loan. Individuals with good credit may qualify for a personal debt consolidation loan. If you own a home, it may be possible to get approved for a home equity loan. Home equity loans are ideal because the rates are low and the terms fixed. Usually, homeowners are able to repay the money in five to seven years – sometimes less.

Just beware that home equity does not automatically go up every month like some would have you believe. Several factors far beyond your control determine the value of your home. Just within the last six months or so the value of homes in some parts of the country dropped by 10% in a month.

Before you get a home equity loan you should know these facts.

• They are secured by a second deed of trust on your house.

• If your financial situation changes your home could be at risk of foreclosure.

• Having to make two payments on your home can be a lot of financial strain.

• A lot of unscrupulous lenders could care less.

• Keep your eyes open to what the local housing market is doing. Just recently many areas experienced a 10% decline in values in one month causing many homeowners to owe more than their home was worth.

It is essential to use the funds wisely and borrow only what you can afford to payback. Most Americans who use their home equity to pay off their credit card debt refuse to change their habits and lifestyles, and actually see their zero-balance cards as an invitation to go shopping - perpetuating the cycle.

Before you put your home at risk with a second mortgage understand the risks. Explore all the possibilities. Just because a home equity loan for debt consolidation seems so easy to do and easy to get, doesn't make it the right choice for you. Don't press the EASY button.

Article Source: http://www.articlesnatch.com

About the Author:
Jack Krohn is a leading free lance writer on Home Equity and Mortgage issues with over 35 articles to his credit. He is also the #1 author of Home Security Articles in the country. Get FREE home mortgage info and FREE Home Equity Loan Information Take a bite out of crime. Get some non lethal self defense weapons and defend yourself

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Correcting A Negative Cash Flow

Your business might be heading towards bankruptcy if it has a negative balance on its 'Net Change' section of its cash flow statement. Immediate attention is required as failing to correct this negative trend will inevitably cause your business to run out of money.

A Cash Flow Statement has five sections:

1. Beginning Cash Balance
2. Cash In
3. Cash Out
4. Net Change: (Cash In - Cash Out)
5. Ending Cash Balance: (Net Change + Beginning Cash Balance)

In order to correct a negative balance in the 'Net Change' section, you only have two options: Increase the amount of cash coming in to your business (revenue), or reduce the cash going out of your business (expenses) as shown below:

To Increase Revenue:

1. Offer discounts: Establish incentives to encourage your clients to pay you in cash. For example, offering a 2% discount on cash purchases might help you receive much-needed cash. In addition, offer discounts to clients who pay their debts within 10 to 30 days; this will reduce the amount people owe you (receivables).

2. Avoid some clients: Avoid clients who are slow payers or who do not pay their debts and focus only on those who pay you on time. This is the fastest way to increase cash collection.

3. Implement a Same-Day Rule: Send invoices to your clients as soon as you render your services. At the same time, cash all the checks that you receive at the end of the same business day.

4. Be careful offering credit: If possible, ask for references or request a credit check.

To Decrease Expenses and How to Reduce Spending:

1. Analyze ALL expenses: By analyzing all your expenses closely, you might identify unnecessary ones.

2. Barter: If you have friends working in other industries, you might use barter instead of cash. For example, if you are in the landscaping business and a friend works at a printing press, you might offer free landscaping services in exchange for printing services.

3. Reduce your Inventory: Inventory is not cash! As long as inventory is not sold, it prevents you from having cash at hand. It is important to have the least amount of inventory possible.

Tip: Cut expenses as much as possible! Have a hard look at the expenses column on your cash flow. Many times, small items that are not essential look insignificant. However, saving just a few dollars per month will really add up.

Article Source: http://www.articlesnatch.com

About the Author:
ACCION USA Staff have written a series of finance related articles. For additional information on related topics, visit www.accionusa.org

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10 Alternatives To Filing For Bankruptcy

At this moment you may be feeling the binds of stress, utter loss of hope and complete despair. It may seem like there is no way out and no option left but to file for bankruptcy. However, before you take the leap, you need to realize the price you will pay for bankruptcy. For ten years you will have it on your credit report and will be firmly restricted in applying for credit, either by being denied or by paying extremely high interest rates. This will severely affect your way of life and ruin any chance of getting a loan for a car or house and may even affect your capability to gain employment. Therefore, instead of settling for this last resort, try to use the alternatives below to help you find a way out of your debt.

Alternatives:

#1. Speak to a financial advisor or credit counselor. Seek help before you make the decision to file for bankruptcy. A professional may be able to offer a better alternative or another way out then you may have thought of before.

#2. Get a Debt Consolidation Loan. You can get help from many reputable debt consolidation agencies who can assist you in reducing your debt considerably.

#3. Use your assets. Make use of the valuables you have. Possibly sell expensive jewelry, family heirlooms or anything that you do not regularly use or is too costly to use on a regular basis.

#4. Get rid of your unneeded expenses. Consider getting rid of some of your luxuries for a time, such as cable TV, high-speed internet, long-distance calling, dining out and extracurricular expenses.

#5. Ask your relatives for help. Ask those around you – relatives, family or friends – for a loan.

#6. Refinance your home. Pull out equity by refinancing or possibly think about selling your home and renting instead to pay off some of your debts.

#7. Cash out any benefits. Use any 401K/retirement benefits and cash them out to pay off your current debts.

#8. Apply for a non-secured signature loan. These personal loans are given to those with bad credit and with no collateral security only on the basis of a signature on a letter from the borrower undertaking to repay the amount as per the terms and conditions under which the loan is given.

#9. Sell your extra car. If you have a second car, although it may be convenient and seem necessary, sell it and use the money to start paying off your debts.

#10. Get a second job. You may need to consider getting a second job for a little while to help pay off some of your debt.

Hopefully these alternatives have given you some ideas for another way out, other than filing for bankruptcy. You may have to go though some hard times for awhile and give up the normality you may be used to but, trust me, it will pay off in the end, and you will not be disappointed with the decision you made.

David Cote is a Managing Partner of White Peak Mortgage, LLC, based in Manchester, New Hampshire. White Peak Mortgage is currently licensed in New Hampshire, Maine, Massachusetts, Connecticut, Rhode Island, Colorado, Florida, Delaware, Maryland, and Virginia. For more information about their loan services, visit http://www.whitepeakmortgage.com

Article Source: http://www.ArticleBiz.com

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Energy Efficient Mortgage

by Dennis Estrada

The Energy Efficient Mortgage (EEM) allows the borrowers to include the cost to upgrade the home to an energy efficient home. Thereby, the borrower lives comfortably and affordably in a home that uses less energy. And, we do our part to save our environment, natural resources, wildlife, habitat, and planet.

Recently, the cost on home utilities surges very high. The borrowers or consumers look to find a way to pay less on home utilities. The energy efficient home puts extra cash into the pocket of the borrower as the borrower pays less on home utilities.

Buyers are able to live in a better and comfortable home, while the energy efficient homes compensate the cost of high monthly mortgage payment. The potential buyers who are concern to be environment friendly are growing steadily. In the future, the energy saving components of the home will increase the resale value of the home.

For the Seller, the energy efficient home can sell quicker. Due to the spikes in home energy, the demand for energy efficient homes will continue to grow. Thus, the buyer can live more affordably.

The home owners can also remodel the home to upgrade to energy efficient home. So, the home owner starts to enjoy the benefits of paying less on home utilities. Another, the energy saving components is way to increase the resale value of the home.

The HERS report on a home tells how energy efficient is the home. The HERS report is abbreviation of Home Energy Rating Systems Report. The home gets between 1 and 100 points, or 1 and 5 stars. The highest possible score is 100 points or 5 stars. It is worth to consider in buying, selling, and remodeling the home.

Basically, the HERS report contains information on overall rating, recommendations, cost, annual cost, and savings. Also, the report includes the life of energy saving components.


About the Author

Dennis Estrada is a webmaster of mortgage calculators, understanding affordability mortgage calculators, and understanding bi-weekly payment mortgage calculators websites.

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Illinois foreclosure listing tops 11,000 addresses, Governor steps in!

By: Bob Smith

Illinois foreclosure listings represent the fourth highest in the country. California is at the top of the list with 32,500 followed by Florida with approximately 27,000 listings and Colorado at roughly 11,000 filings. Combined with Illinois, these four states account for 52% of all homes in foreclosure nationwide.

The staggering foreclosure rates in Illinois prompted Governor Rod Blagojevich to file amendments to HB 4050, the Illinois Predatory Lending Database Program. HB4050 protects consumers fight predatory lending practices by shifting focus on the lenders who offer non-traditional types of loans.

Under the proposed rules for HB 4050, Cook County first time homebuyers and owners opting to refinance their primary residence will be recommended for financial counseling if the loan they are considering contains any of the following provisions:
• Permits interest-only payments;
• Allows payments that results in negative amortization;
• Total points and fees payable by the borrower exceed 5% of the amount of the mortgage;
• Approval of the loan relies on the stated income of the borrower;
• A pre-payment penalty is included; or
• The financing transaction includes a second lien on the property, often known as an 80/20 loan.

HB 4050 main purpose is to alert consumers that subprime lending practices can lead to financial ruin. Todays housing market focuses so much on the credit history of the homebuyer, and with some homebuyers who have had past credit issues, spotty employment or not enough funds for a down payment --- some lenders have gone to great lengths to get their business. However, this practice is costing the same homebuyer way more than they can afford – without them even realizing it. By enacting HB 4050, these same homebuyers will be instructed and informed regarding the types of loans available, the type of loan they are considering and what it means to their financial future. Many of these items are not currently provided by the lenders who practice subprime loan lending.

Luckily, Governor Blagojevich has an eye on his Illinois homebuyers and the lenders who serve the Illinois residents. Currently, HB 4050 is in the pilot program phase and is being piloted in Cook County. Illinois residents outside of Cook County should expect to see it offered to them also in the near future. The governors’ mission is to see the Illinois foreclosure listings numbers drop and this is a great start to realizing that mission.

Bob Smith is a freelancer but regularly writes for ForeclosureListingsNationWide.com. You can get more information on Illinois foreclosure listings at http://www.foreclosurelistingsnationwide.com.

Article Source: http://www.ArticleBiz.com

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100 Percent Stated Income Loans - Yes They are Still Available, But Hurry!

A stated income loan, is simply a mortgage loan wherein the borrower “states” their income, versus documenting their income, or “full doc”.

With the recent credit crunch, many lenders are tightening their guidelines for all stated income loans. I get calls everyday from Borrowers who can no longer find a 100% stated income loan. Ironically enough, I also find myself funding 100% stated income loans for other loan officers as well!

A stated-income loan qualifies a borrower by using the income the borrower states, as opposed to the income the borrower can document. With a stated-income loan, the lender agrees not to verify the income the borrower states on the application.

Naturally a stated income loan is priced higher than fully documented loans, and the foreclosure rate is also higher. With overall foreclosure rates reaching uncomfortably high levels, stated-income loans have emerged as a possible weak point in the underwriting process. Regulators and legislators have been considering whether they should bar or limit stated income loans.

If you are looking for a 100% stated income loan, my suggestion is to hurry and get pre-approved. I hear wind of changes from my inside sources, and the changes could come as the end of September.

I am currently funding 100% stated income loans with an interest rate of 8.5%. This is one loan, with Mortgage Insurance. Of course, this rate may change, but it is a great rate considering the state of the market.

Although lenders don't verify income on stated-income loans, they do verify assets and employment. On a "no ratio" loan, income is not reported at all; on a "stated income, stated assets" loan, both income and assets are stated; on a "no income, no assets" loan, neither income nor assets are reported; and on a "no doc" loan, nothing is reported, including employment. These alternative-documentation loans are priced even higher than stated-income loans and have higher foreclosure rates, but they have not attracted the same attention. No doubt, the reason is that stated-income loans are the most common type of alternative-documentation mortgage and may account for as many loans as all the others put together.

Donald Timms is Branch Manager and Senior Loan Officer of Equipoint Financial and Equipoint Financial in Ojai California. in 2006, Donald personally funded over $200 million in residential loans. He specializes in helping Borrowers with challenged credit. His knowledge of the credit bureaus is a great help in helping his clients receive the best loans possible.

Article Source: http://EzineArticles.com/?expert=Donald_Timms

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No fax payday loans: documents are no obstacle in taking a loan

by Richie Morgan

Sometimes the urgency of the situation may make us borrow a loan to fulfill our needs. But collecting documents for loan approval may take up all the time and the need remains as such. Now special loans called no fax payday loans have been designed to suffice to this need of the borrowers.

No fax payday loans are short term cash loans which are unsecured in nature. They do not require any collateral to be pledged with the lender. Small cash amounts can be easily borrowed to fulfill needs like payment of bills, grocery bills, gas expenses, car or urgent home repairs etc.

The main attraction of no fax payday loans is the provision that the borrowers are not required to submit any documents with the lenders. Arranging these documents usually takes up a lot of time during which the situation of the borrower may worsen. Therefore this provision helps in attainment of the loan amount at a very short notice.

Instead of the documents, the borrower is just required to fill a form which is available online through various lenders. This form contains fields to be filled in regarding the regular employment of the borrower, his residence information, his monthly salary, his age etc. With this information provided, the approval of no fax payday loans is very fast.

Through no fax payday loans, the borrowers can take up an amount in the range of £100-£1500 for his needs. This amount has to be repaid in a term of 14-31 days with the repayment date on the next salary day of the borrower.

Bad credit borrowers can also take up no fax payday loans but to cover up the risk, they charge a higher rate interest on the loan. To lower this rate, the borrower can take up an online research and compare the loan quotes sent in by the numerous lenders in the market.

No fax payday loans provide this relief to the borrower that no implication of documents is imposed on them. They are provided the money without any delays.

About the Author

Richie Morgan is offering loan advice for Cash Advance Payday Loans. To find no fax payday loans, online cash advance payday loans, fast cash personal loans, short term cash loans visit http://www.cash-advance-payday-loans.co.uk/

source:www.goarticles.com

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Poor Credit? Consider A Rent To Own Situation

By: Keith Hunt

Rent to own home programs are becoming increasing popular with those that have bad credit problems and can not normally qualify for a home mortgage loan.

Many have the miss-apprehension that buying a home will overcome or fix a bad credit situation! They go from mortgage broker to mortgage broker looking for a loan that does not exist.

The bad credit situation has to be fixed first before qualifying for a home mortgage loan, and not the other way around. Rent to own home programs provide that fix!

Beneficiaries from a rent to own home program include those that are recently divorced, suffered bankruptcy, or where FICO credit scores are too low.

Rent to own home programs, also know as lease options, are unlike regular mortgages because the applicant does not have to qualify for a loan.

The first focus is on the ability to make monthly lease payments. As most are making rental payments already this is not much of an issue. The second focus is on the future potential for purchasing the home.

If there are bad credit issues to overcome, this can be worked on, while living in the new home. Over time, most credit issues can be corrected.

Rent to own home or lease option make ideal alternatives for the self-employed, compared to traditional means of home ownership.

The lease option rent to own home program original agreement states the purchase price the day the tenant moves in, and doesn’t change. Any increase in the value of the home belongs to the tenant when the loan is closed.

Typically, with a lease option monthly payments are less than it would cost to own the same home. These monthly savings can be put away, and used to increase the down payment at the time of your purchase.

Depending on the situation, a tenant can occupy the new home in just a few days or a move-in date can be scheduled around any current living situations.

A minimal down payment is required, or down payment assistance is available if needed. The down payment, and a monthly rent credit, will be deducted from the purchase price of the new home, reducing the amount of money needed at closing.

Rent to own home programs help tenants by improving their FICO score and they can look forward to home ownership in a relatively short period of time.

Article Source: http://www.kokkada.com

For more information please call 866 398 4664 or go to www.goldmedalmortgage.com/Rent_To_Own_Home_Programs

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Poor Credit, Need Money: Get Bad Credit Same Day Cash Loans

For those with a bad credit history, involving default payments, arrears, bankruptcy or even unfavorable county court judgments, a bad credit same day loan is like a breath of fresh air on a hot humid day. The financial status of a person with regard to a loan is judged depending on his credit score. A score of below 600 is considered for a bad credit. Higher the credit score, higher is the rate of interest, however, people with a bad credit must not lose hope as there are several lenders out there who specialize in such cases.

In certain emergencies, people with bad credit apply for bad credit same day cash loans. This is the easiest and the most reliable means of acquiring fast cash. A bad credit same day cash loan can be acquired most easily on the internet. It provides a wide range of loans to choose from, depending on a person’s situation. Also it is easy to compare rates on the internet. All the borrower needs to do is to fill up an online form and the loan is transferred to the specified account in less than twenty four hours. One thing that should be kept in mind is that, when it comes to bad credit same day cash loans, there are no credit checks. Anyone with a bad credit can apply for a bad credit same day cash loan.

Few of the applicable eligibility conditions are; the borrower must be at least eighteen years of age, he must be employed and must submit, without fail, at least three months’ income statements and is required to have a personal checking account.

Bad credit same day cash loans can provide for only small amounts, usually under £1000. Also it should be noted that the rate of interest for a bad credit same day cash loan is pretty high as compared to others, between 9-20%. It is imperative that one have the necessary documents required while applying for a loan. A bad credit same day cash loan is to be used only as a last resort when there is no other visible option. One must also ensure that they are not taken advantage of, the best way to ensure this is to find out if the company abides by the consumer credit data and protection acts.

About the author:
Alec Reece has a way with dealing with loans for a long time. Writing articles is just a way to extend this to consumers and provide empowerment through information. All you have to do is read. To know more visithttp://www.samedayloans.me.uk

Article Source: http://www.Free-Articles-Zone.com

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Credit Card Debt Management can Help You in Testing Times

In this day and age, credit cards have become a necessity more than just a fashion statement. It is not rare to see people carrying several credit cards all at once. Credit card debt management deals with such numerous credit card debts that one might have. People are tempted to take loans on their credit cards these days. With the growing popularity of these credit cards, more and more companies offer such loans. It is in such cases that credit card debt management comes into play, in situations where a person might have multiple debts on one card or might have debts on more than one card. In such a case, things might get complicated. Credit card debt management becomes indispensable in such cases.

In credit card debt consolidation, which is part of the credit card debt management process, a borrower can take a separate loan which consolidates all the existing debts into one. This single loan can be paid off in easy installments. In spite of all the obvious advantages of multiple credit cards, it is advisable to use only one credit card, as this simplifies payments.

One of the several advantages of credit card debt management is the low rate of interest that the companies might offer. Also the fact that one is responsible to only one creditor instead of many might seem appealing to quite a few.

Credit card debt management is of two types. Secured; in which the loan is taken against a collateral. This collateral is generally one’s property. In case of non payment, the property is prone to be seized.

The second type is unsecured. In this there is no security involved; however, the rate of interest is much higher than in the secured type. There are several settlement agencies also at large, that would carry out all negotiations in return for a nominal fee.

People with a bad credit should not hesitate to take advantage of credit card debt management services that include debt consolidation, debt management, advice, negotiation discount and lots more. Debt reduction is also an effective means of dealing with such issues. There are several agencies out there that specialize in dealing with people with bad credit. Also, it should be noted that bad credit history is not permanent. One’s credit score can always be improved.

About the author:
Alec Reece has a way with dealing with loans for a long time. Writing articles is just a way to extend this to consumers and provide empowerment through information. All you have to do is read. To know more visithttp://www.ezdebtmanagement.co.uk

Article Source: http://www.Free-Articles-Zone.com

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Quick Loans: Quick Loans For All Occasions

Life is full of uncertainties and never remains rosy forever. You never know which phase is taking a lead to enter into your life. If good time is plunging in your life with full verve, you have no worries. And, if it's the bad time which starts rolling in, you are bound to be saddled with loads of tensions and unhealthy finances.

It's during this hour of your life; you have to make hard efforts to make both ends meet. Any exigency can come up like repairing a car, business profits not growing and have to pay salaries, any family member hospitalized and meeting those expenses. For all such emergencies, quick loans are banked upon by most of the people.

If combating with any exigency and need financial assistance on immediate basis, there's no other option better than quick loans. With its fast availability, no processing fee and easy management, many people prefer this money for serving the needful during your hardships.

There are many factors that are assessed before providing you with such a financial solution. Lenders check your repayment capacity before giving you fast loan. If you have regular income with good banking account, lenders have no hesitation in providing you with money. Once he's satisfied with your repayment capacity, your approval for money becomes fast.

Lenders also take into account high equity collateral. If your collateral holds high equity, you get instant approvals. Lender's risk is nullified in providing you with money, because he can sell off your collateral, if you miss upon your payments. In collateral's presence you are benefited with low interest rates, huge borrowings, small monthly installments spread across 25 years.

People who don't have high equity collateral needn't worry. Your accessibility to instant cash is assessed on the basis of your current income and credit worthiness. If your credit scores are well above 600, your approval for fast money is certain.

Now-a-days, many lenders provide online facility also. If you apply online, the procedure becomes fast with no processing fees. Lenders prefer online applications for quick loans for its easy management and no over-head costs involved.

About the author:
By amenda dorothy
The author is a business writer specializing in finance and credit products and has written authoritative articles on the finance industry. He has done his masters in Business Administration and is currently assisting Compare Loan and Personal Loans as a finance specialist.

For more information related to loans please visit: http://www.ask4loan.co.uk


Article Source: http://www.Free-Articles-Zone.com

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Comparing Credit Cards

All across the United States, expert are hundreds and hundreds of banks and accept peg companies looking for your business. This week and age, banks and accept catalog companies are in assembly with each other, trying all they can to get your business. To try and get your business, they offer different credit cards with various incentives, rebates, and other perks.

Before you create your judgment and hang around a surmise card, you should always compare what each occupation or bank has to advance you. If you close an offer in the mail for a credit card, you should go on the Internet and look into it more. You should also make sure that you read the fine print as well, to see if there are any type of hidden fees or other costs associated with that card. Many times, with offers in the mail, credit card companies or banks will try to sneak hidden fees and costs in there.

When you put to compare offers, you should create factual that you view at the APR and the fees. The APR is very important, as this leave expound you your interest rate. You want to get the lowest APR possible with your credit card. If you look at a credit card that has an unusually high APR, you should immediately rule it out. Credit cards that come with high APR rates can easily lead you on a roller coaster towards credit card debt. No matter how good your credit may be, high APR rates can leave you with charges that are really difficult to pay.

Among the bountiful options available to you, you?ll have three inceptive choices for your credit determine - Visa, MasterCard, and American Express. These three giants are the leaders in conjecture cards. Visa and MasterCard don?t pop in the cards themselves, they have banks and contradistinctive companies issue on their behalf. American Express, or AMEX, is the only one that does everything themselves. AMEX issues their credit cards, maintains their own networks, and doesn?t use any type of third party.

If you appreciate to travel, you bequeath regular craving to scrape together either Visa or MasterCard, as they are wearisome all because the world. American Express is the least accepted of the three, although the company is upgrading their networks every chance they get. Before too long, AMEX will be accepted virtually everywhere. Right now though, AMEX isn?t accepted in all areas of the world.

Discover is also trait of understand card, although it isn?t scheduled as confessed as the three above. Discover does have some select benefits to advance you, although it isn?t accepted in other parts of the world. Most people who have Discover credit cards stay local and use their cards in the event of an emergency. If you don?t have a credit card and have been thinking about getting a Discover card, you should really think about that decision and choose either Visa or MasterCard instead.

All in all, experienced are a lot of assume cards to draw from. That likely result though, is considerably up to you. There are a lot of great companies and banks out there, although it?s up to you to find the best credit card for your needs. You can choose to go with a company or bank that?s local to you, or get online and look for your credit card. The Internet can be a great resource for credit cards, as long as you know what you want. If you know what you want before you go online - you?ll save yourself a lot of time and money.

All across the United States, expert are hundreds and hundreds of banks and accept peg companies looking for your business. This week and age, banks and accept catalog companies are in assembly with each other, trying all they can to get your business. To try and get your business, they offer different credit cards with various incentives, rebates, and other perks. Before you create your judgment and hang around a surmise card, you should always compare what each occupatio...
Comparing Credit Cards

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