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Should you use a credit repair company

February 17, 2007 By

Let’s be crystal clear, right up front. Paying someone to “fix” your credit is a waste of your time and money, since the negative issues that are temporarily removed from your file will only reappear again in a couple of months.
Be careful with credit repair scams.

Most “credit repair” companies really don’t help. In fact, you can improve your credit more effectively on your own. By using credit repair companies, you may also be opening yourself up to identity theft, unsolicited emails, and direct mailings. Protect yourself; don’t ever share your personal information with strangers or give up your right to handle your own financial affairs as you see fit.

Another important point: credit counselors only promise to get you out of debt, not to improve your credit. Some companies will have you send them a check every month, out of which they’re supposed to pay your creditors for you. However [Read more...]

Filed Under: Credit Card Tips, Credit Cards, Credit Reports, Misc Credit

Need to Accept Credit Cards but don’t have a merchant account

February 17, 2007 By

Credit Card Merchant Account
Google is now allowing select Google Base users to use Google Payments as a substitute to a merchant account.
The best way to describe Google Payments is calling it an alternative to PayPal.

Filed Under: Credit Card Tips, Credit Cards, Misc Credit

Credit and Debit or Checks and Cash

February 7, 2007 By

Paper vs. plastic that is the question.
Most people these days rarely even consider anything but debit or credit cards. Why write a check or keep cash around? Credit and debit cards are much easier and easier to track.

Even paper checks that are written are quickly turned into electronic payments often times at the place of purchase. At the bank they are always changed into electronic payments.

More and more will continue to use credit and debit cards when purchasing things. There will be a segment of the population that will continue to use paper checks, these are the people you will get stuck behind at the grocery store.

Filed Under: Credit Card News, Credit Cards, Debit Cards