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Pay Off Debt and be Recession Resistant

May 14, 2008 By

The economy is in a downward trend everyone keeps telling us. We see prices going up at an amazing pace. Job growth has been slow, and the housing market seems to be crashing all around us.

What do you do to help yourself and your family?

Here is my advice to you: Pay Off Debt Today

Seriously. the best thing you can do is pay off as much debt as you can. Stop wasting money on useless trips to the store and throw all your money at your debt. Pay it down and you will be sitting in a much better recession resistant position.

do yourself a favor and pay off your credit debts today!

Filed Under: Credit Card Tips, Credit Cards, Misc Credit, Mortgage Tagged With: , , ,

Credit Counseling Corp

July 6, 2007 By

Recently a friend told me that he took his wife and went to a credit counseling corp in Texas. They had a few hour meeting to see if they could be helped to get their credit in order.

This couple if in their thirties and they have some kids. The husband recently graduated from school and has taken a job that pays rather well for recent graduates. Still with 4 kids money will be very tight. They borrowed a bit more than they should have in school on student loans and credit cards.

Now the find themselves unable to get a home and needing some help. They don’t know hot to budget and were drowning in debt. So the credit counseling corp said they could help. From what I know the credit counseling corp [Read more...]

Filed Under: Banking, Credit Card Tips, Credit Cards, Misc Credit, Save Money

Owning Your home spells FREEDOM

May 28, 2007 By

Over at MoreMerchant.com I posted on the pride of owning your own home and the small benefits of the 4 – 5 % or more you make when owning your own home.
Owning Your Home spells Freedom

Investing in your own home. I have rented most of my married life. Now I am in my own home as most of you know as you have been reading about our 2 week close on our mortgage.
Fixing things in your own home is so much better than fixing up someone else’s home. If we gain 4 – 5%

Filed Under: Misc Credit

How to get Business Credit

April 19, 2007 By

I am the Corporate Business Manager for a rapidly growing new business. We have gone from zero to 2 million in engineering work overnight. Awesome!

You say awesome? It is. Most new companies are trying to find work. We have work we need employees. We need cell phones, we need computers, we need credit cards and more. We need cash flow. The money doesn’t come in until the work is done.

In order to make it all work we need credit. We need some credit cards, possibly a line of credit. We need a decent credit score so we can get cell phones and computers.

How do we build the credit of a new business? Everyone asks for a social security card number of the owners. The owners aren’t all happy about this. They say use the Taxpayer Identification Number (TIN). Sounds easy. It isn’t.

So I am going to be building the credit worthiness of our business. You can follow along and learn how to make a business work and get the credit you need for your business. [Read more...]

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

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

Morgage Rates Continue to Rise

December 30, 2006 By Leave a Comment

Mortgage rates have risen again in what is normally a slow Holiday week. The rates rose 3 basis points to a 6.23 national average. Rates have risen slightly over the past few weeks
[ Read More on Mortgage Rates ]

Filed Under: Misc Credit