Tuesday, February 07, 2012

Bad Credit / Credit Repair

Credit Card After Bankruptcy
Consumers who have declared bankruptcy may still need a credit card. And, although a bankruptcy filing will appear on your credit report for up to 10 years, this does not mean you necessari...

When Picking a New Credit Card -- Look for an Orchard
Individuals with less than perfect credit, or those with no credit history know the drill. Apply for a credit card online that features great rates and rewards, wait a few weeks and then be ...

No Credit History? No Problem
It's the Catch 22 of credit – it takes good credit to get new credit. This is especially true in order to obtain low cost credit cards. But how does one get good credit when a credit history...

Have Bad Credit and Need a Credit Card? There is a Credit Card for You
Think that a bad credit rating on a credit report will prevent you from obtaining a credit card? Think again. There are a number of companies that will issue you a credit card even when you ...

Good vs. Bad Credit: Why Is This Important?
There are a lot of misconceptions, even outright lies, regarding credit, especially in terms of what determines good and bad credit. Currently, television is full of commercials for debt con...

How To Compare Credit Card Options For Those With Bad Credit
Comparing credit card options may seem like a difficult exercise for those with bad or less than perfect credit. It seems like all the major Visa and MasterCard issuers along with Discover C...

Five Ways to Improve Your Credit Rating in 2012
Do your New Year's resolutions include improving your credit score? A low credit score makes borrowing money and using credit cards more expensive. Banks and lending companies see you as a b...

Minimum Payments Are Not Your Friend
With so many wonderful things to spend money on, it's tempting to pay just the minimum payment due on your credit card statement each month. But think again—those small payments are costing ...

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Glossary
  • APR - Acronym for Annual Percentage Rate. The yearly percentage rate of the finance charge.
  • Intro APR - A low interest rate offered for a limited time, usually for the first 6 to 12 months.
  • Regular APR - A fixed yearly percentage rate of the finance charge.
  • Balance Transfer - The act of transferring the whole or partial balance of one card to another card.
  • Annual Fee - A fee charged by the card issuer for being a card holder.
More Terms