bookmark_borderCredit Card Secrets

This is the same when applying for credit cards as a means of having another source of funds to spend. Most of the time, having credit cards are often associated to financial loss but with the right ways of handling it, you will be able to see how helpful it will be. Below are some tips and tricks you must know if have a credit card:

Check For Annual Fees

Most companies charge a certain amount of annual fee on the cards. However, very few people know that they can easily get rid of such fee, especially if they have a good credit score. For this case, all you need to do is to pick up the phone, call your bank and request for the fee to be removed. Tell them that you are going to dump the card if they don’t remove the fee.

Universal Rules

Say for example, … Read the rest

bookmark_borderDivorce and Credit

According to Experian, a credit reporting agency, “Many divorcing couples are confused by the role of the divorce decree. A divorce decree may specify who is responsible for accounts opened during the marriage, but it doesn’t break the contracts with the lenders. If the spouse responsible under the divorce decree is unable or unwilling to pay and the contract has not been changed by the lender, the late payments still will appear on both credit reports and will have a negative impact on credit scores for both individuals.”

Getting divorced is never easy, even when both parties agree it is for the best. So, it is understandable that you may not fully understand what is involved in a divorce decree. Simply stated, a divorce decree states who is responsible for which accounts. However, this does not remove the other person from that account. Meaning that if the other party does … Read the rest

bookmark_borderSmooth And Cheap Online Money Transfers

  • Take time to find the best exchange rates. Banks are not always the best when it comes to offering good exchange rates and you therefore want to do your homework before you go ahead with the transfer. By taking time to make comparisons between the different foreign exchange providers, you will be able to settle for the best rates that will give you maximum gains especially on currency conversions.
  • Always do an online search on the country you are sending the money to see if it is an international transfer you wish to make. Such a search will fetch you promotions and special deals from the relevant money transfer companies. You might be very lucky to find a company with an offer of zero fees on transfers for a given period of time.
  • Prioritize security and safety before making any transfer. The only way you will manage to enjoy a
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bookmark_borderBenefits of Hard Money Loans

  • Faster Approvals: Without a doubt, one of the major benefits of a hard money loan is the fact that investors can secure the pre-approval within one or two days, given they have submitted the handful of documents that the lender has requested. Hard money lenders primarily focus on whether the asset itself has good market value and that borrower equity is at least 20%. Financing can take place in less than a week, as compared to normal loans which may take a month or even more. When inquiring about hard money lenders, a key question to ask is how quickly they can fund.
  • Flexible Payments: With a private lender, you will have more freedom to create a customized repayment plan. With a big financial institution, you won’t have this freedom. Instead, you will have to accept the payment terms set by the bank. However, with a private lender, you can
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bookmark_borderBenefits of Belonging to a Credit Union

As they become more competitive in areas like ATM access and online banking, they may look increasingly like banks from the outside. But from the inside out, credit unions are unique. Instead of operating for the benefit of shareholders, as banks do, credit unions are owned by their members, for their members. When you join and open an account, you become a shareholder.

What this means, in practical terms, is that your membership offers you access to lower interest rates on loans, significantly lower fees on accounts, and higher rates on savings. Because they are not-for-profit organizations, any excess funds collected are returned to you, the shareholders, in the form of dividends.

They have been innovators in bringing the convenience of nationwide banking to their members without sacrificing the spirit of community. For example, they have teamed up with CO-OP Network, one of the nation’s largest ATM networks with over … Read the rest

bookmark_borderDifference The Between Rich And Poor

There are several factors in why the rich are getting richer, thought the biggest reason is their view of money. Most of the lower and middle class look as money as a way to live. The wealthy see it as a way to advance. Money is to be used as a tool, not a chain.

The viewpoint on money is deeply molded by those around you, especially family. Those not in the upper class were raised to work hard and save their money. Those from wealthy families are raised to work hard and invest their money. Most people stick with the lessons learned from their parents and use those principles for the rest of their life, thinking that that’s just how you are supposed to do things. If you were taught to invest by your parents that may be a good thing, though those from lower or middle class families … Read the rest

bookmark_borderReach Max Credit Score

If you have ever borrowed money or used credit in the past, you have a credit score that reflects how well you handled the credit extended to you. In general, you score shows how much credit you currently have available to you, how much money you owe on it and whether or not you are making timely payments on your current accounts.

Would be creditors and lenders use your credit score as a predictor of how likely you are to repay any credit extended to you. If you usually make your payments on time, you will surely have a better than average credit history, and it will be easier for you to obtain a loan from a bank or credit union. Those with the best credit scores qualify for the lowest rates.

If you have a poor credit history, you’ll find it difficult to obtain a loan from any lending … Read the rest

bookmark_borderMake Money With Online Bank Accounts

There is very good money to be make with this program, provided you know how to master the AdSense program. If you wish, you can do a search online for Google AdSense information. To master it properly, you need to know about ad positioning, colours etc. So its advised that you study up on this so you can maximise the most out of your Google AdSense bank account.

Another form of income online that most online business people use is affiliate marketing. With affiliate marketing, you simply promote and recommend products and services to the market that these products and services based in. That is affiliate marketing in a nut shell. In order for you, the affiliate marketer to receive payment, there has to be a payment service put in place. For many affiliate marketers, there is a common website that they go to in order to find products and … Read the rest

bookmark_borderWays to Avoid Inheritance Conflicts

  • Understanding the Personality of other Heirs: It is very important that you try and understand what kind of people the other heirs who are also involved in the settlement issue are. Analyse their basic traits and find out the way to communicate with these heirs. This approach often resolves most complications even before they arise and clears off lot of misunderstandings. Personality difference is often the main cause behind a conflict concerning settlements. It will become more and more difficult to avoid conflict or maintain peace without understanding the differences.
  • Keep the Home Untouched before Formal Division: It is very important that you don’t claim your right on something that logically belongs to other heirs. It can also mess with their emotional sentiments and can further complicate the case for you. This is why it is important that the house remains untouched or undisturbed till a legal division
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bookmark_borderCredit Score Works

Simply put, having a good credit score will save you money. If you have a good credit score, you’ll be able to negotiate the best rates on loans. This may include car loans, mortgages, student loans, or any other type of loan. Someone with a high interest rate on a loan will have to pay more money during the life of the loan. Someone who has a low interest rate will end up paying less money over the life of the loan.

According to FICO, there are 5 metrics that comprise your credit score:

35% Payment History – If you pay your bills on time, your score improves. If you pay them late, your score drops.

30% Credit Utilization – You should aim to use about 10 percent of your credit limit every month, but no more than 25 percent. This will keep your credit utilization ratio in good standing. … Read the rest