credit cards
Car Buying and Leasing May Affect Credit Scores
Q: I recently traded in an old lease vehicle for a new one. The payment is slightly lower on the new car than it was on the old car. When they ran my credit score, it was 747. How much …
Mortgage Refinance Delays Caused By Lenders
Mortgage refinance delays caused by lenders mean more mortgage refinance paperwork for homeowners. Homeowners refinancing mortgage loans may have to deal with mortgage refinance delays and additional mortgage refinance paperwork caused by mortgage lenders. Credit ratings, mortgage lenders cause mortgage refinance delays for homeowners refinancing mortgage loans.
Hidden Fees in Kardashian Prepaid MasterCard
The new Kardashian Prepaid MasterCard includes lots of hidden fees that make this prepaid debit card a bad idea. Prepaid debit cards include lots of hidden fees that can be avoided by not using a prepaid debit cards. A better idea than the Kardashian Prepaid MasterCard would be to get a free checking account. Avoid hidden fees with a free checking account from a bank, online bank, or credit union.
Raise Your Credit Score To Buy A Home With Bad Credit
Raise your credit score in order to buy a home with bad credit. Buying a home with bad credit is difficult, raising your credit score can help. Raising a bad credit score–even a little–is the only way to buy a home with bad credit. Raise your credit score by paying bills on time. Get your free credit report and monitor your bad credit if looking to buy a home.
Ilyce Glink Show – August 22, 2010 – Credit card rules, mortgage rates
Ilyce Glink Show Notes – August 22, 2010 – Credit card rules, mortgage interest rates fall to record lows again, more retirement savers tap 401(k) for loans and hardship withdrawals, 8 more banks fail. This week, new credit card rules go into effect. mortgage interest rates fell again to record lows, bringing a 30-year loan to 4.4 percent (or less) and I was able to get a 15-year loan quoted at 3.75 percent. Fidelity Investment released a new study showing more retirement savers are tapping into their 401(k) either for a loan or hardship withdrawals, a record last matched 10 years ago. And, 8 more banks failed on Friday, including ShoreBank in Chicago. Welcome to our new listeners at 95.5 FM NewsTalk WSB. USE YOUR 50% DISCOUNT CODE for HOW TO PROFIT FROM FORECLOSURES.
Reform In Credit Card Rules Result In Additional Protection For Consumers
New credit card rules will go into effect on Aug. 22, 2010 according to the Independent Community Bankers of America. New credit card rules deal with over-the-limit fees, inactivity fees and annual percentage rates. Penalties from credit card companies will not be allowed to exceed $25 in many cases. In addition, the new rules require credit card companies to explain increases in one’s APR and reevaluate that rate increase biannually.
Ilyce Glink Show on WSB Radio – Real Estate Investing and Commercial Real Estate – April 18, 2010
Ilyce Glink Show Notes – April 18, 2010 – Investing, Co-op Sales, Commercial Real Estate. Today’s news, your calls about investing, co-op sales, commercial real estate, credit cards, and whether the US government is planning the takeover of your 401(k). My new book, BUY, CLOSE, MOVE IN!, is out. Be sure to pick up your copy if you’re buying a home to live in or invest in, or if you’re thinking about refinancing. Also, the podcasts for HOW TO INVEST IN YOUR MONEY IN 2010 are ready. Check out the ThinkGlink.com store for details.
Foreclosure And Your Credit Score
If you think you can save your credit history and credit score when you go through a foreclosure, short sale or other arrangement with a lender in which the lender does not get paid in full the debt owed, you’re in for a bad surprise. Foreclosures, short sales or deed-in-lieu of foreclosure will all blemish your credit history and cause your credit score to decrease substantially. Lenders do report foreclosures, short sales and deed in lieu to credit reporting companies and this reporting will cause you to go from good credit to bad credit fast. Even if you take on more credit card debt or manage other credit well, if you miss payments on a mortgage loan or you go into foreclosure with your mortgage loan, the credit hit you take will be huge.
Inheritance Can Help Pay Off Credit Card Debt, Improve Credit Score
If you receive a cash inheritance, one of the smartest things you can do is pay off your credit card debt. By paying off your credit card debt you will improve your credit score by having more credit available. Paying off your credit card debt with a cash inheritance will provide the most benefit to your personal finances.
The End Of Universal Default: Foreclosure Will Not Raise Credit Card Interest Rates
In the past, Universal Default could make your credit card interest rates go up. If you went into foreclosure on your mortgage, your credit card company could increase your interest rate because of universal default. Under the new credit card legislation that goes into effect February 2010, universal default will not be allowed, based on foreclosure or anything else not related to your credit card. Take the time after foreclosure to concentrate on paying off your debt and raising your credit score.
