Those who have bad credit or who have recently filed for bankruptcy may be surprised to find that they are still receiving numerous credit card offers. This has become a well known issue, and it is apparent that banks either don’t know or don’t care that the people they are sending offers to already have bad credit.
Basic Financial Information Tips (Part II)
Here are some additional financial tips, definitions, and information that will hopefully help you save money or get out of debt.
What You Can Do To Improve Your Credit Score
It is hard to watch television these days without hearing about credit scores. If you are not looking to get a loan or credit card, you may be wandering whether or not they are important. Your credit score is important, regardless of whether or not you plan on applying for a credit card or loan.
Tips To Avoid Gaining A Bad Credit Rating With Your Mortgage
While having your own home is an important part of your financial picture, too many people make decisions without thinking things over. Making a mistake with your mortgage is a fast way to end up with terrible credit.
Overcome Your Bad Credit With These Tips
If you have bad credit, the first thing you will want to do is talk to a credit counselor. Many counselors understand that unforeseen problems like unemployment, medical issues, or other problems often take people by surprise.
Poor Credit History – Which Is Best, A Credit Card Or Personal Loan?
There was a time when poor credit meant you could kiss any chance of getting credit good-bye. Credit cards were extremely difficult to get if you had any kind of compromising information contained in your credit report.
Protect Your Credit Card
In addition to protecting your credit rating, it is also important to protect the physical credit card itself. Identity theft has become a problem that costs consumers and companies billions of dollars each year.
Shopping for Credit Points of Interest
As much as the credit industry has changed in the last couple of years, the most important advice when shopping for credit has remained the same throughout the period.
How To Dispute Problems on Your Credit Report
Your credit report is a document which is very important and gives detailed information about your credit history. It also provides information about where you work and how your bills are paid. If you have filed for bankruptcy, this information will be on the report as well.
How To Protect Your Debit and Credit Cards
The best protections against card fraud are to know where your cards are at all times and to keep them secure. For protection of ATM and debit cards that involve a Personal Identification Number (PIN), keep your PIN a secret. Don’t use your address, birth date, phone or Social Security number as the PIN and do memorize the number. Become familiar with the Fair Credit Billing Act (FCBA) and the Electronic Funds Transfer Act and know what your liability is.
Improving Your Credit Report and Score
Do you really know how important your credit report really is?
How To Avoid Bad Credit
Because we live in a society that is dependent on credit, having credit that is bad can make life very difficult. Many high paying jobs won’t hire you. Lenders are unlikely to give you a mortgage.