Guaranteed Approval Credit Card
Guaranteed approval credit card, its a start to rebuilding credit
Bad credit cards are becoming very scarce especially guaranteed ones. The only guaranteed approval credit card that I know of is from horizon. This is the only way for people with bad credit to secure a card and start rebuilding your credit so you can get a low interest rate card later. Bad credit accepted with no employment check is a pretty bold term to use in this type of economy, never the less they do state that. Reporting to the all three of the major credit bureaus is important for you
I had my card cancelled in the past, can I apply if my credit is still bad?
Yes you can this is a common problem with many people. Although we don’t really want to have a credit card before we can fix our credit in today’s economy it is a requirement.
Rebuilding credit with a horizon gold credit card
Apply for the horizon gold card here
When you are in financial trouble because your credit is so bad it is very hard to get any type of a credit card. Your only short term solution is a horizon guaranteed credit card.
Do these guaranteed credit cards have fees
Yes they do and they can be quite high compared to the industry standard. This is a small price to pay for rebuilding your credit. Besides if you are diligent in paying your bill on time and establishing a better credit rating you can always switch later.
Because a guaranteed approval credit card is only a short term solution to improving your credit you need to review your past history and what happened to get you to this point. The next step is to fix your credit and try to get your credit score higher. Once this is done you can apply for a more conventional credit card like Visa or MasterCard. When you do just apply for a small credit limit at the beginning.
Is Foreclosure.com Your Only Option
Foreclosure.com is a buying/selling option if you need to find a real-estate agent to sell your home or if you are looking for a foreclosure listing to buy and save money. It is a good time to invest in the real estate market.
One of the biggest problems facing many people is selling their dream home to stop foreclosure. If you can’t refinance then listing your home for sale is your only option. If you look around your neighborhood there may be many more homes for sale. What you need to do is not limit yourself to local listing and get your property listed nationwide with someone like foreclosure.com.
Anyone that is buying should consider long term financial stability and not how they can turn an investment around and make a quick sale. Careful consideration must be taken in your lender of choice for a mortgage and how much you can afford if interest rates go up a few years down the road.
But what if you cant sell and now need to stop bank foreclosure and don’t want to file for bankruptcy. Unless you have to move because you job is taking you across country to another state there is another option, it may be to modify your home loan.
Stop Foreclosure and Save Your Home
Buying and selling a home used to be an exciting time for many people including real-estate agents and now now face the unexpected of not being able to make payments and now bank foreclosure. These same homeeowners that used lenders like freddie mac and country wide need to know where to get help. If you can’t sell there really is only one option and this is called a mortgage loan modification.
- Don’t Panic. Learn more about mortgage loan modification lenders here.
Home-Foreclosure-Fighter matches people with service providers who can help them keep their home by modifying their existing loan. These lenders can you help you stop foreclosure and save your dream home with a home loan modification.
Get out of debt
Is it reasonable or even possible to get out of debt
Totally debt free, probably not, because we all have to live somewhere and this requires a mortgage or to pay rent, because this is a monthly bill it is a debt. Even if you are mortgage free you still have to pay property tax.
So our goal should be to reduce our monthly bills to a manageable level that enables us to save money. Debt reduction should start first by lowering credit card debt and refinancing all high interest rate loans. This type of debt reduction is usually done with a debt consolidation loan so you only have one finance bill to worry about.
Tips for debt free living and saving money
Managing your money is just a matter of coming up with a household budget that is realistic in its approach to your personal finances or income. It may also require that you change you attitude towards how you deal with money and credit.
Sounds good but I have never found it that easy to put into practice. Every time I seem to have a money left over at the end of the month, something breaks down. Some much for saving this month. What I did finally do is start to take a look at my overall expenses to see exactly where it was going.
I started by first writing down every penny that I spent.
This part turned out to be the most beneficial thing I have ever down. I mean every expenditure including the small things like Friday night pizza, buying a stick of gum or cup of coffee. This really showed me where I was wasting a lot of money.
I don’t want to eat spaghetti every night either, if that’s what you are thinking. Saving money in the home especially on groceries is one of the hardest things to keep under control for families. Planning meals in advance and then shopping for the ingredients really cuts down on your grocery bill.
A couple of friends of mine that live in New York commute to work everyday and really didnt have time to sit down and think about grocery shopping. By the time they got home it was getting late and going out was just not desirable. How they saved money on groceries was to use an online grocery shopping and delivery service.
This company was called PeaPod you can get more details or see if this service is in your area here Save time and Money with Peapod! click here
- it really will help you save money.
Tips to become mortgage free sooner
- Increase your payments as you income goes up. If something happens later on most lenders will let you revert back to the original payment schedule at no cost.
- Make your payments every two weeks. You will save approximately 10,000 dollars less at the end of 10 years and finally payoff you mortgage three years sooner.
- Find out if your lender has double-up privileges and take advantage of these and if you can do not use the skip a payment feature.
- Use your tax refund to prepay your mortgage on its anniversary date.
- Variable rate mortgages also help reduce your debt faster, but you do have to be careful on what would be your limit in interest payments. If you see the interest rates rising too high, it may be time to refinance to a fixed rate.
Credit Repair Tips
Credit guide for fixing your credit -Credit Repair Tips
Just about your entire financial history on what loans, credit cards and store charges that you have made over the last number of years, normally 7 years from purchase or loan date. So you see you always have some type of activity in your credit file.
Your credit score is the most important 3 numbers you want to see. This will affect your interest rate and your ability to secure a loan or credit card. Employers and real estate agents that control rental homes are even asking for these reports.
There are a couple of ways you can keep track of your credit and know whats happening.
- You need to use a credit monitoring service that sends you a report when your history changes. The two better companies for this is Equifax or Experian.
- If you cant fix any problems yourself, get help fixing your credit history by using a professional credit repair service. Lexington law firm is the only legal company that has a very high record of success. Signup with LifeLock identity theft prevention service
Check for errors and inaccurracies
Sometimes credit reports contain mistakes that are caused by a computer glitch or a clerical error. These may include payments not credited, late payments, or data mixed in from a credit file of someone that has the same first and last name as you.
Ordering your credit report will quickly show you what the lender is going to look at. After this it is up to you to dispute any information that you consider inaccurate.
Check for one and three month late payments
Even if your report contains a couple of 30-day late payment entries that are accurate, many lenders will overlook this if you explain the situation and your credit is otherwise good. Avoid any payments being 60 days late however, as this is a red flag for mortgage and loan lenders. This is what will raise your interest rates if they approve your loan.
The primary period lenders are interested in on a credit report is the last two years, so try to maintain on time payments, and verify that the payments are being credited properly by checking your credit report regularly. This is also a long term financial plan as a debt reduction solution for the future.