Credit Cards for Bad Credit
If you have bad credit, you might think that it is impossible for you to obtain a credit card. Let’s start out by saying that if you have bad credit, the only possible reason could have for wanting another credit card is to try and rebuild your credit rather than to go on a shopping spree at the local Wal-Mart. For people with bad credit, credit cards can be the bane of existence.
However, there are legitimate reasons for wanting a credit card. First, they are helpful in emergencies. For example, if you should get stranded by the side of the road with car trouble, a credit card can get you a tow truck quicker than if they have to bill you. Having a credit card with bad credit can also help get you back on the road toward good credit provided you use it wisely.
Just so you can’t get into too much trouble with a credit card while you have bad credit, we recommend that you get a secured credit rather than try to apply for a standard credit card. A secured credit card can prevent you from getting into credit problems and still show that you can be responsible with a credit card plus give you the peace of mind you need in the event of an emergency.
With a secured credit card, you deposit a certain amount of money into an account that is tied to that card. You can then use your card just like you would a regular credit card. The good part about a secured credit card is that once you've reached the amount of that deposit, you can’t use the card anymore until you deposit more money.
A secured credit card is a great way to start building your credit when you've amassed a bad credit history. Most credit bureaus don’t look at secured credit cards quite the same way they do regular credit cards, but they do look at it as a good faith gesture on your part to try and rebuild your credit and show that you can handle credit responsibly.
Even if you have bad credit, you might also be able to secure a department store credit card. Many department stores will offer you a credit with a low limit even if your credit isn't stellar. Of course, the big thing here is to make your payments on time and don’t overextend your credit. It’s credit suicide to get a card, charge too much on it, and then miss payments or be late on payments.
Just because you have bad credit doesn't mean you can’t get a credit card. Just be careful if you do get one and remember that there’s a reason you have bad credit in the first place and learn from your past mistakes.
Credit Absolute can help, go to www.creditabsolute.com and look for Credit Card Offers or GO here
http://www.creditabsolute.com/credit-card-offers/
Weekly Article #8 of 50
Bad Credit
The words bad credit conjure up such negative images, don't they? That's because those two little words aren't exactly what people want associated with them. When you have BAD CREDIT, you are almost marked when it comes to obtaining things like cars and homes. Its like you're wearing a sign around your neck proclaiming that you got into trouble with credit and now you have BAD CREDIT!
Well, don't worry; there is help for people with BAD CREDIT. The first thing we need to do is get past the stigma associated with these words. Bad credit simply means that you have overextended yourself when it comes to using credit and you want to work your way out of that state and get GOOD CREDIT!
How do we define bad credit? Well, most financial lending companies will classify you according to your credit score, also known as your FICO score. This score is calculated using a highly secretive formula developed by the Fair Isaac Company and kept under lock and key with the Federal Trade Commissions blessing.
FICO will evaluate your credit history and then assign you a three-digit number that determines your credit worthiness and your ability to repay any loan you are applying for. It doesn't reflect who you are as a person, it reflects your past payment history when it comes to your debts.
You are considered to have bad credit if your FICO score is less than 620. The median credit score for most Americans is 723, so anything less than 620 virtually guarantees that you will not be approved for a loan you might be seeking. Thats because you are considered to have a bad credit history and seem to be unreliable in paying back your debts.
If you do have bad credit, don't worry yourself too much. Sure, its something to be concerned about, but repairing your credit can be done and you can get away from that bad credit stigma with a little hard work on your part. Its never too late to repair your credit and heal your bad credit history.
One place to start is to pay down your debt and stop using credit immediately. You'll need to work with your creditors to make a repayment plan that will work for you. Of course, there are many other things you can do to get away from bad credit and into good credit.
Look for books, software, and information that can help you with your bad credit problem. They can help guide you toward repairing your credit and making that bad credit history a stigma that doesn't define you but reflects your past and how far you've come since then!
“The Credit Dispute Process is Proven and THE EDUCATION IS PRICELESS!”
www.creditabsolute.com
Bad credit isn't funny!!!
Please check out Credit Absolute's NEW WEBSITE. Compliments of RoboLizard. Amazing talent and vision. We have now a refer a friend and receive $50 credit, credit card link to re-establish credit, blog posts, videos and much much more!!!
www.creditabsolute.com
Weekly Article #7 of 50
Credit Repair Kit
There are hundreds of products on the market right now calling themselves the ultimate credit repair kit. They come in book form, computer software form, and even DVD/CD-ROM form. Actually, when it comes to credit repair, these kits can actually help people who are facing problems with their credit reports and credit scores.
One great product we found is a book written by John Ventura called The Credit Repair Kit. It is available on Amazon for anywhere from $1 used to $15 new. This book has gotten rave reviews as the ultimate credit repair guide for anyone who needs to take steps toward a better credit rating.
This book contains extensive information about the credit reporting bureaus, credit report basics, how to read your credit report, and how to correct credit problems. The information in The Credit Repair Kit is very in-depth and is easy to read – perfect for the average everyday consumer wanting to repair their credit.
There are numerous e-books available on the Internet as well that can be considered credit repair kits. The best part about e-books is that they are downloaded directly to your computer and are available to buy any time of the day or night. They contain a lot of the same information as a paper book, but offer a lot more convenience. What should you look for in a credit repair kit?
* How credit reporting agencies gather and evaluate the information on your credit report.
* How to read your credit report.
* How to find out what your credit score is.
* What to do if there are errors on your credit report.
* How to handle identity theft
* Ways to rebuild your credit and raise your credit score
* Tools to make long-term goals that will keep you out of credit problems once you have repaired your credit.
A credit repair kit is a great way for the average consumer to take steps on their own toward raising their credit and becoming financially solvent again. Using a credit repair kit can be one of the most important tools in your arsenal when you want to make your credit score go back to where it was before you got into trouble.
If you run into road blocks which many do please call Credit Absolute for a FREE Certified Credit Consultation!!!!
www.creditabsolute.com
Weekly Article #6 of 50
Credit Repair Program
If you have found yourself in deep problems when it comes to your credit score, you may want to explore a credit repair program to get you back on your feet. What exactly is a credit repair program? Actually, you can look at a credit repair program in a couple of different ways.
First, there are credit repair programs that exist in the form of a class or seminar. These are usually held by credit counseling companies hoping to secure your business, but they are also offered by many local community colleges or universities and even as public relations offerings by your local government.
These seminars cover how to find out your credit score, read your credit report, and take steps to repair any credit problems you might be having. They are usually day long classes and will give you tools to use when it comes to obtaining, using, and monitoring your credit. They will help you repair your credit with an easy program and stay out of debt permanently.
A new phenomenon when it comes to a credit repair program involves the computer industry – of course! There are many, many software programs available for sale that we've found all of which claim to help you repair your credit with the click of a mouse. Most of these credit repair software programs are very reasonably priced and will work with any operating system platform.
Their claims can be a little “out there”, but Consumer’s Digest has done extensive research on these credit repair programs and found that many of them are actually legitimate and can really help those with credit problems. They can detect errors in your credit report and help you correct them, plus they come with financial software that can help keep you out of debt once you've repaired your credit to where it was before your troubles began.
A good credit repair software program will come with a money-back guarantee after a certain point and even a free trial so that you can see if it will meet your particular needs. They will fully outline what the program should be able to do and provide step-by-step instructions so that even the novice computer user can easily navigate the program with little to no experience.
Essentially, what a credit repair software program will do is exactly what a credit counseling service can do only at a fraction of the cost and in the comfort of your own home. These programs are definitely worth looking into when it comes to credit repair, so do your homework and choose your program wisely. Then get on the road toward better credit!
“The Credit Dispute Process is Proven and THE EDUCATION IS PRICELESS!”
www.creditabsolute.com
Happy Easter! God Bless
Weekly Article #5 of 50
Certified Credit Repair Counselor
If you have less than perfect credit and want to repair it back to a positive state, you may want to enlist the help of a certified credit repair counselor. What is a certified credit repair counselor? A certified credit repair counselor is someone who will take a look at where you stand financially, help you go through your credit reports and identify areas where you can make changes to restore your credit rating and your credit score.
Experienced certified credit repair counselors are scarce these days. It’s a growing and innovative business. Since many Americans are finding themselves deeper and deeper in debt. In fact, over 90 million citizens carry an average debt of about $20,000 not including mortgages. That’s a lot! Most of it is credit card debt and it can balloon out of control before most people even realize they’re in trouble.
Once you have developed a plan with your certified credit repair counselor, they will help you develop a long-term plan that will help keep you from getting into the same situation you were in when you first contacted them. That means setting up a budget and then learning ways to stick to that budget. You will likely have monthly meetings with the credit repair counselor initially to address any issues that might arise in your financial dealings. They will give you tools to help you stick to your budget and stay out of trouble.
When looking for a certified credit repair counselor, do your homework before you sign on the dotted line. Ask questions and pay close attention to the paperwork they are supposed to present you with.
A reputable certified credit repair counselor will advise you of your rights as a consumer, disclose the fees for their services in writing, and outline what will be happening during the time they will be working for you. If they seem to be making outlandish promises that seem too good to be true, don’t hire them and keep looking. A good certified credit repair counselor can be a great help toward making you more financially solvent and less stressed about your debts.
“The Credit Dispute Process is Proven and THE EDUCATION IS PRICELESS!”
Weekly Article #4 of 50
Repair Loans with Bad Credit
If you find yourself struggling with bad credit and want to repair it, you may want to look into obtaining a debt consolidation loan. But if you have bad credit, how in the world will you be able to get a loan? Well, that’s what debt consolidation loans are for – to help you repair bad credit and eventually get yourself back on the road toward a positive credit score and a solid credit history.
Basically, debt consolidation loans work to repair your bad credit by giving you an amount of money so that you can pay off your individual creditors – which will help repair your credit in and of itself – and then you may one payment each month to the debt consolidation company instead of the individual creditors. These loans are given specifically to people with bad or less than perfect credit to help them repair their credit.
Most debt consolidation loans are at a lower interest rate than that which you might be paying on high interest credit cards, so you will be better off right away just from that point of view. However, you will be charged a higher interest rate than a regular loan simply because you do have bad credit. Still, if you can obtain a debt consolidation loan at 9 percent as opposed to paying a credit card 20 percent, it will save money in the long run and get you on the road to credit repair.
There are companies who will help you get a debt consolidation loan to help you repair your bad credit, but they charge a fee for their services and you can easily – well maybe not all that easily – but still you can do it on your own with a little leg work. Debt consolidation loans are meant specifically for people with bad credit who desperately want to repair that credit and become financially sound again.
Look for a loan with an attractive interest rate – as low as you can possibly get it. That might mean getting quotes from several different companies, but it’ll be worth it if you get a quote from one company for a 15 percent loan and another company for an 8 percent loan. Researching can really pay off if you are patient and look at all available options.
Once you get your debt consolidation loan to repair your bad credit, it is essential that you are sure you can make the monthly payments and that you are able to make them ON TIME! Your goal with a debt consolidation loan is to repair your bad credit and nothing can ruin it quicker than a late or missed payment. So approach the loan knowing that your payments can be made on time.
Here is the official link to listen to Derick Vogel / Credit Absolute's first time on the radio.
http://media.kfnn.com/content/yoursourceforre/your-source-for-real-estate_1_2013-03-09.mp3
Weekly Article #3 of 50
Credit Absolute Certified Professional Credit Repair Organization!!!
When it comes to credit repair, there are many professional organizations out there that are willing to help you with this monumental endeavor. It takes a lot to make repair to bad credit and it can be overwhelming when you try to do it on your own. That’s why Credit Absolute was formed to offer an invaluable service for you.
Many of these professional organizations who work to repair credit are known as credit counselors or debt consolidators. And they are everywhere. Anymore, you can’t turn on a television or radio without hearing an ad for a company who will help you raise your credit score and repair your credit no matter what financial shape you are in.
The truth is that many of these organizations really can help a person repair their credit and do so in a very professional way. Credit Absolute will work with you to assess exactly where your credit is and where you want it to be. We will help you set goals and then do what we can to help motivate you to achieve those goals.
Of course, there are some professional credit repair organizations who aren't exactly on the “up and up”. They will make outrageous claims in their advertisements such as they have the ability to completely erase bad financial records, create a new credit identity for you, and even erase bankruptcies that are on your credit record. Stay away from companies who make any claims that are even a little similar to these.
You should also avoid credit repair companies who ask for a fee up front before any work is done to repair your credit. Some of these so-called professional credit repair organizations also will not disclose your legal rights to you in the event that you may decide to not secure their services thus causing them to lose money.
There is a school of thought that says you don’t even need the services of a professional credit repair organizations since credit repair can be done by you yourself. But as I said before, it’s often a difficult process. If you want to secure the services of a professional credit repair organization, do your research into the company and check out their reputation and track record. If they seem like they are legitimate, be sure to read through any and all paperwork they provide you with and monitor their progress yourself. If anything makes you uncomfortable, fire them immediately and go to work repairing your credit yourself.
Credit Absolute's launch party was a blast. Thank you for all coming and helping support our company. It was great to be able to see old friends unit and new friendships started. Korene Clopine-Seaman was our winner for the TV CONGRATS!!! Don't worry though friends and affiliates there will be more events to come with more prizes. Also thanks to Brian Zetting for the gift basket. Thanks to RnR staff for great service and support. There will be more pictures to come of the party to share. God Bless and Thank you!
Look forward to seeing everybody! "Credit Absolute"
Hello Friends and Affiliates,
Please remember to bring your business cards for the TV raffle and prizes giveaway. Please if you can go to your invite friends tab above and invite your business professionals that can benefit from a great networking event and fun filled evening.
Weekly Article #2 of 50
Debt Consolidation Debt Management Credit Repair
When you find yourself in a situation where you need to make serious repair to your credit, a debt consolidation loan or a debt management program may be the way to go. Credit repair isn’t easy and going it on your own can be difficult, although not impossible. That’s where debt consolidation companies and debt management companies can be invaluable when it comes to credit repair.
A debt consolidation company can help you repair your credit by obtaining a lower-interest loan that will pay off your creditors and allow you to make just one payment to one company instead of several payments to several companies. They can also contact your creditors to get a lower payoff amount so that the final amount of the debt consolidation loan you’ll need to repair your credit could be lower.
A debt management company does much the same as a debt consolidation company when it comes to credit repair. They also obtain a loan to help consolidate your debts, but they also provide counseling services that will help you manage your debt and get you well on your way towards repairing your credit.
When you are looking for a debt consolidation or debt management company to help you repair your credit, there are a lot of things you need to look for. First, check out their references and make sure they are on the “up and up”. Their reputation can say volumes about their true abilities to help you repair your credit. Check with the Better Business Bureau and see if they are registered with them and if any complaints have been filed against them.
Do extensive research when it comes to finding a debt consolidation or debt management company. Credit repair is very important to you and your life. Your credit score can mean the difference between getting a reliable vehicle or even owning your own home. That’s where these companies can help as making repair to your credit can be an overwhelming procedure.
What a debt consolidation and debt management company will do is walk you through the credit repair process step by step and take some of the pressure off of you when it gets to be too much for you to handle. They will charge a fee for their services, but it is usually quite reasonable, and they will often work with you to make that payment over a period of time if you are in severe financial trouble.
I would highly recommend using Mid First Bank who can offer secured loans to consolidate your debt but also help you build a financial future and establish a new bank account with the # 1 privately owned bank in America.
Mid First Bank
Brian Zetting
Assistant Vice President – Banking Center Manager
Renaissance Square
2 North Central Avenue, Ste 101
Phoenix, AZ 85004
602.801.5240 (o)
480.580.1642 (c)
602.253.3144 (f)
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Happy Presidents Day! Weekly Article #1 of 50
Credit Repair
It is a reality that many people are faced with the difficult task of credit repair. They may have found themselves overextended on their credit cards and have to repair some late payments and some bad decisions when it comes to credit history. Credit repair isn’t as difficult as many people might think. It takes time, but it can be done.
First, you need to obtain a copy of your credit report from either one or all three of the major credit reporting agencies. The “big three” are Experian, Equifax, and Trans Union. They can be found quite easily on the Internet and will provide you with a copy of your credit report.
The FACT Act that was passed by Congress back in 2001 allows all consumers one free copy of their credit report per year. For this, you will need to go to either www.annualcreditreport.com or www.freecreditreport.com .Sometimes one of the agencies will provide you with the one report for free, but you are best off to go to one of these websites.
However, if you are serious about credit repair, you will really need to obtain copies of all three credit reports. Creditors are not required to report to any of the agencies, and often they will just report to one. Having all three credit reports on hand will help you make repair to your credit more effectively and more thoroughly.
Credit Absolute would recommend going to ww.creditchecktotal.com because you get all 3 credit bureaus for $1. This is the one that 99% of my clients use.
Once you have these reports in hand, call Credit Absolute at 480-478-4304 for your FREE certified credit consultation and we will go over your report “with a fine tooth comb”. Check for any errors such as accounts that have been paid off but are still appearing as delinquent or accounts that you never opened or used in the first place. If you do find errors on your report, it is essential that you contact the credit bureau to make the correction if you want your credit repair efforts to be thorough.
After checking your credit report, the essential part of making repairs to your credit is to change the way you are using credit. That includes making all payments on time and not using credit the way you used to. While it’s true that it’s virtually impossible to go through life today without using credit, you can use it wisely and not end up in trouble down the line.
Making repair to your credit is not a difficult task, but it does take time and patience. Truly what you need to do is simply take steps to evaluate your use of credit and then see where changes can be made. Then not only will your credit be repaired, your credit score will raise as well.
“The Credit Dispute Process is Proven and THE EDUCATION IS PRICELESS!”
Derick Vogel Office: 480-478-4304
President Mobile: 480-371-4225
Certified Credit Coach
E: dvogel@creditabsolute.com W: www.creditabsolute.com
Happy Friday!!! Let us know if there is anything we can do to help make it a GREAT one. See what others are saying about us on Google review.
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Happy Valentines Day!!! Watch for cupid love at first sight could be just around the corner. Be safe and God Bless!!!
Happy Martin Luther King Day!
“If you can't fly then run, if you can't run then walk, if you can't walk then crawl, but whatever you do you have to keep moving forward.”
― Martin Luther King Jr.
What Makes Up Your Credit Report
This is a credit 101 basics to read and understand the foundation and what makes up your credit report. If you understand these basic credit laws it will be easier to manage your scores on a month to month basis.
http://www.creditabsolute.com/credit_score_makeup.php
Testimonial #5
It is the greatest feeling to be able to come through and help a family obtain the American Dream with helping them qualify for their home with a lower % rate within 30 days. Everything fell into place as each situation is different in its own way. Attached is their testimonial on letterhead.
1/10/13
A few months ago we began the process of purchasing a home in the Glendale area. The original credit report came back with a few credit issues that dramatically affected our credit score. However, it appeared we would still be able to move forward on the loan. When we finally found the house we wanted to purchase and a new credit report was pulled, much to our surprise there were errors of significant derogatory weight. Suddenly, we realized that this house would potentially not be available to us because of this sudden drop in our credit score.
Our mortgage lender immediately had us contact Derick. He confidently encouraged us to move forward and trust that he would be able to assist us in clearing up not only this recent credit reporting error but would in the process also be able to clean up the few credit issues that had also been earlier reported. I was so angry at this reporting error that I almost turned my back on this home purchase and walked away from it all. But, somehow, through his confidence and because both my realtor and lender had dealt with Derick in the past and could personally recommend him for this task, we moved forward in clearing our credit and to see if that would allow us to indeed close on our home within the month the real estate contract required.
Amazingly, Kevin’s credit score increased over 150 Points in just one month. I still find that hard to believe. And, Faye’s credit report also increased within two months nearly 100 points. Our credit improved, we qualified for even a lower interest rate than we had anticipated and the home is now ours.
I cannot recommend a credit repair agency any stronger than I can with Derick. In truth, I would recommend every Realtor who has a strong client looking to purchase a home with a mortgage loan, to in the very beginning of the process, have them contact Derick. The thousands of dollars it would potentially save on the lower interest rates that may be available, not to mention the loss of the deal because of the failure of the buyer to qualify would be very beneficial for all buyers to consider on the onset of a home purchase.
Sincerely,
Kevin and Faye Hamilton
I want to thank God and everyone for a blessed year in 2012. I look forward to the new year and what it will bring. Thanks to my Credit Absolute family as well and we look forward to your road to success and what it will bring for each new family.
