Credit Cards For Bad Credit No Deposit
Looking for credit cards for bad credit sans any fees, particularly if your credit is extremely bad, can be an exhausting and usually unrewarding process. Numerous applications, getting declined, can leave you feeling like it’s totally impossible or that these cards that come with no fees do not exist. But what’s the deal? Watch this video.
Video Rating: 3 / 5
Categories: Loan Videos Tags: Bad Credit, Cards, Credit, deposit, especially, extremely, fees, usually, Video Rating
How to Fix Your Credit in 45 Days or Less: Understanding Credit Score, What is Debt, Bad Credit, Free Credit Reports, Credit Repair, Secured Credit Cards, … Bad Credit (Nicholas Black’s How-to Series)
How to Fix Your Credit in 45 Days or Less: Understanding Credit Score, What is Debt, Bad Credit, Free Credit Reports, Credit Repair, Secured Credit Cards, … Bad Credit (Nicholas Black’s How-to Series)
How to Fix your Credit in 45 Days, or Less: Understanding Credit Score, What is Debt, Bad Credit, Free Credit Reports, Credit Repair, Secured Credit Cards, and Loans for Bad Credit
by Dr. Nigel Peterson & Nicholas Black
This book will tell you the insides and out about fixing your own credit score. What you will learn, from an industry insider (Dr. Nigel Peterson) is what the “Credit Repair Companies” Charge you thousands and thousands of dollars to do. And you can do it on your own, right now!
Here is what is covered in the book:
Introduction: How do you fix your Credit?
• Step 1: Research and Prepare all Background Info
• Step 2: Challenge the Credit Bureaus
• Step 3: Demand a Re-Investigation of the accounts that remain Negative
• Step 4: Demand a Validation of Debt
• Step 5: Demand a Revised Validation of Debt
Chapter 1: What is Your Credit Score?
• Research and prepare all background info
• Challenge the credit bureaus
• Demand a re-investigation of the accounts that remain negative
• Demand a Validation of Debt
• Demand a revised Validation of Debt
Chapter 2: What are the 3 Bureaus?
• What is a Credit Bureau?
• What are the 3 Credit Bureaus?
• Addresses and contact information for the 3 Credit Bureaus
Chapter 3: Research Your Credit Report
• Factors that negatively affect your credit score
• What is a derogatory?
Chapter 4: The 4 Federal Laws You NEED to Know
• The 4 federal laws you’ll need to know
• Hiring a company to fix your credit
Chapter 5: What are Collections Agencies?
• When can a debt collector or collection agency contact you?
• Things the collection agencies and collectors cannot do!
• Things debt collectors are prohibited from saying
• Can get collectors like you?
• Unfair practices for debt collectors
• Can they garnish your wages?
• Can they garnish your benefits?
• Are they licensed in your state to conduct business?
• Is the collection agency even a legitimate company?
• Is the collection agency even still in business?
• What to do with the collection agency first contacts you.
Chapter 6: How to Receive a Free Credit Report
• Do you want a free credit report?
• Does it hurt your credit when you check the score
Chapter 7: The different types of contracts/agreements:
• The 4 different types of contracts and agreements you can enter into
• Is there a statute of limitations on debt agreements?
• Why should you care about a statute of limitations?
• How long is the statute of limitations?
• How do you calculate when the statute of limitations is over?
• Basic list of states, and the applicable Statutes of Limitation
Chapter 8: What will you need for the dispute letters
• The documents/Info necessary for your dispute letters
• How to Mail the dispute letters
Chapter 9: Disputing Derogatory Information with the 3 Bureaus
• Identify Derogatory Information
• What does it mean to Dispute?
• What is the Process to Dispute?
• What should your dispute letter look like?
• Example dispute letter
Chapter 10: Getting the 45-day Dispute Results
• What is a re-dispute?
Chapter 11: Tips for FHA/VA Loans
• FHA and VA Guidelines
• Approach the loan with a good credit rating!
• FHA TOTAL Scorecard
• FHA Loan requirements (information)
• What additional info will Veterans need?
• Where do FHA loans come from?
• How to pre-qualify for an FHA/VA loan?
• FHA Loan mistakes to avoid!
Chapter 12: How to improve your credit
• Some basic steps to improve your credit
Chapter 13: Getting new lines of credit
• What is the best way to increase your Credit Score?
• A little sound advice:
Chapter 14: Dealing with medical debts
• Is a doctor or hospital allowed to refer an overdue medical bill to a collection agency?
• Can my personal medical information be disclosed directly to a credit reporting agency
• Can you dispute a medical collection?
• How to dispute with the Medical Facility/Insurance Company first (7-steps)
Chapter 15: What now?
• Now that you understand the process, get started!
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Categories: Loan Products Tags: Bad Credit, Black's, Cards, Credit, Credit Repair, days, Debt, Free, Free Credit Reports, HowTo, less, Nicholas, repair, Reports, Score, Secured, Secured Credit Cards, series, Understanding
Building Credit with Credit Cards: A Beginners Guide
Building Credit with Credit Cards: A Beginners Guide
This guide is geared to help gain an understanding of how to handle credit cards, and what affect it will have on your credit report. Additionally, this guide will cover some of the key factors that are looked at on credit reports as well how to help build a foundation for a solid credit future. Whether you have yet to apply for credit, or already have credit cards maxed out; I hope this guide can shed some light on how credit works.
Now before going any further it’s important to tell you my history and experience with credit. I worked for a major credit card company for several years ranging from customer service to the lending department. The majority of that time was in lending, which was responsible for approving credit applications. It’s from this position that I learned not only how to view credit reports, but determine what it showed about the customer applying. Ever since I have been helping friends and family with credit advice and decided to put this quick guide together to help people understand how their credit works.
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Categories: Loan Products Tags: advice, Beginners, Building, Cards, Credit, Credit Cards, Guide, Price, whether
When does it make sense to consolidate all your credit cards?
Question by jerry_won3772: When does it make sense to consolidate all your credit cards?
I get some credit cards I would like to pay off as soon as possible. I read that you should pay the card with the higher interest rate first and then pay the minimum payment on the other cards. I like the idea of consolidating all your credit cards and make one payment , as this would make my life easier. Which option would be better, pay off each credit card or consolidate?
Best answer:
Answer by bdancer222
The problem with consolidating those credit cards is that once the cards are paid off, you charge them back up. Then you have the credit card debt and the consolidation loan to pay.
The most effective way to get yourself out of credit card debt is to squeeze every penny out of your budget and put it on the highest interest rate card, while making minimum payments on therest. When the highest is paid off, move to the next till they are all paid off.
Not only will you get out of debt, you will learn better financial management. It will take 2 or 3 years to pay off the credit card debt this way.
Add your own answer in the comments!
Categories: Loan Questions Tags: accounts, Cards, consolidate, Credit, interest, Question, rate, Sense
What effect with the current market crisis have on my credit cards?
Question by happydawg: What effect with the current market crisis have on my credit cards?
I have several credit cards. Most of them have a zero balance. I do notice the credit card companies keep sending me blank checks wanting me to take advantage of low interest rates theyre offering.
Will the financial troubles have any effect on my credit cards? If so, what?
Best answer:
Answer by Tom P
The government is talking about eliminating 0% interest teaser rates on credit cards. This is probably why we are getting those blank checks with 0% interest right now. It is possible that credit card companies may lower credit limits, and even cancel the accounts of some customers in order to reduce bad debt liabilities. There is likely to be a wave of credit card defaults in the near future, which may trigger some of this activity. If you have a good relationship with your credit card companies I doubt you will be personally affected.
Good Luck.
Know better? Leave your own answer in the comments!
Will the bank give you a small loan/check if a place doesn’t accept credit cards?
Question by Kid ‘Ney: Will the bank give you a small loan/check if a place doesn’t accept credit cards?
I want to pay for my apartment but the place I’m applying at won’t accept my credit card. Can I go to the bank for a small loan/check in order to make my payment? Also will the bank accept my credit card for payment?
Best answer:
Answer by funwithdouger
Get an advance on your credit card. you can do this at the bank or a bank machine. Then put that money in your bank account and write the check.
The bank would have a fee for writing up the loan and it’s a big haste. It’s much easier to raise the limit on your credit card.
Now write several credit card companies and ask for a lower interest rate. To get your business from another bank they will offer you a lower interest rate and do a balance transfer from the other credit card. They may even throw in a rate increase. Be carefull and don’t fall into to much credit card dept.
Know better? Leave your own answer in the comments!
Categories: Loan Questions Tags: accept, bank, Cards, Credit, doesn't, give, loan/check, Place, Small
Why do people prefer to use credit cards instead of debit cards ?
Question by Nassim: Why do people prefer to use credit cards instead of debit cards ?
As far as I know, credit cards involve paying interest rates to the bank wich costs additional money on top of the purchases price. On the other hand debit cards are free when used in offline and online purchases, so does anybody know why people prefer to use credit cards instead of debit cards ?
Best answer:
Answer by sporregar
Debit cards aren’t necessarily free to use. My credit union allows 4 transactions per month free and then you have to pay a fee per transaction after that. Some stores also charge a fee to use a debit card.
If you pay your credit card balance in full each month you don’t pay interest so you’re coming out ahead there. Also, debit cards get deducted immediately and many people are walking a thin line with overdrafting and can’t afford the fees for that.
Many people like to have what they want when they want it and don’t mind paying the interest on the credit card because they can just pay the minimum due. They can keep up with the Joneses that way and not worry about actually paying off what they owe.
Add your own answer in the comments!
What types of credit cards pays the customer for using the card?
Question by kiwi753: What types of credit cards pays the customer for using the card?
Can you please include the types of cards that a 19- year- old can get. What I mean is, some credit cards are difficult to receive based on age etc. I have a credit card and I dont like that company and I am about to actually close the account, but I want another credit card..
Best answer:
Answer by Lee
Speaking from experience, there are quite a few of credit cards that offer money back… I’m just not exactly sure if companies have varying names for these types of credit cards. The card I have is from Citi Bank and the card is called “Citi Dividends.” The way mine works is that for each $ 100 that I charge I get $ 1 back. It isn’t much, but there is no annual fee for this card either. Also, after the “dividends” is up to $ 50, you can call or go on their website to request that a check be cut. So, they’ll cut you a check that you’ll receive within a week or 2 for exactly $ 50… No taxes taken out or anything. =) Hope that helps!
What do you think? Answer below!
Will the credit cards that charge no interest for transfers pay off installment notes too?
Question by mydoghatesme: Will the credit cards that charge no interest for transfers pay off installment notes too?
I have an installment loan that I pay. The payment is$ 239/mo. Is there a credit card or another loan I can get with no interest or low interest if I have great credit? My current rate is 10%.
Best answer:
Answer by bdancer222
If you find a credit card offering 0$ or low interest with no transfer fee, you could use it to pay off an installment loan. However, such credit card offers are pretty much non-existent now. If you have stellar credit, you may get an offer for a low interest rate for a limited period (a year or less), but there will probably be a transfer fee of about 3%.
You also have to be very careful with those special offers. Any little slip up will result in a rate increase.
What do you think? Answer below!
Categories: Loan Questions Tags: Cards, charge, Credit, Installment, interest, notes, transfers
Q&A: What are the positive and negative sides of credit card’s usage?
Question by uk_emmigrant: What are the positive and negative sides of credit card’s usage?
Please,list me some of the positive and negative effects of using credit cards.
Thanks in advance !
Best answer:
Answer by Paul R
Negative:
People who lack self-discipline spend money they can’t pay back before the due date, and run up huge debts (kind of like Congress). Then, the atrocious interest rates make them very hard to pay off.
Positives:
1) You can establish good credit so that when you want to buy a car or house, you can get a loan on better terms.
2) You can buy stuff online and if someone manages to steal your info and run up a huge bill on your card, your loss is limited to $ 50 by law.
Edit 1:
Yes Rebecca, I DO know that, hence I don’t need to do any work or research on it to convince myself, but many people don’t. What is your point? Are you saying that 13% to 23% interest is not atrocious? Or, that the concept of usury is outdated?
The following sources are for you, to show that there are many people who do not know what they are getting into. Maybe they should, but the fact is, many don’t.
Know better? Leave your own answer in the comments!