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Consolidating Debt With a New Purchase Mortgage
November 22, 2004 Some home buyers try to kill two birds with one stone by consolidating their debts in the new purchase mortgage. Usually this is not a good idea, as in the case illustrated below. "I have $30,000 in cash for a down payment on the $300,000 house ... more...

Debt Consolidation With a Second Mortgage
November 6, 1999, Revised February 20, 2004, Revised November 30, 2004 "I have a bad credit card habit, with 7 cards and $30,000 in balances, at rates ranging from 10% to 19%. I have been offered a $35,000 second mortgage at ... more...

credit card payment related definitions

Equal Credit Oportunity Act
Equal Credit Oportunity Act (ECOA) Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs. ... more...

Credit Report
Credit Report A report documenting the credit history and current status of a borrower's credit standing, detailing a borrowers credit history including payment history on revolving accounts (eg. credit cards) and installment ... more...

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Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Payroll Cards Improve Direct Deposit Participation
It has been estimated that 50 percent to 60 percent of employees paid in the United States participate in a direct deposit service offered by their employers for payroll funds. This is a growing trend as there are many benefits to employers and employees alike. Direct deposit involves a series of ... more...

A Beginner's Guide To Setting Up A Successful Online Store
A beginners guide to setting up a successful online store Online selling is by no means a simple task. To sell products online not only requires making use of high end marketing strategies but also involves lots of planning. This article is meant for those of you who intent to start an online store ... more...

How To Repair A Bad Credit History
We all get into financially tight situations from time to time. Short term financial demands can catch anyone by surprise. It could be around the birth of a new child, medical expenses or just Christmas or birthdays. Whatever the reason, without care, financially tight situations can result in a ... more...

Winning The Credit-Card & Bills Game
Some banks are eliminating the standard 25 or 30-day grace period within which you may pay your bill within being charged interest. This is the normal grace period before interest kicks in. But this is slowly changing. For example, some banks are offering extremely low fixed rates, but without a ... more...

Bankruptcy - Is It The Right Choice For You?
Bankruptcy is one of the tougher choices we as adults face in todays society where it is the norm to be in debt, albeit some more so than others. Credit card offers materialize whether you are looking for credit or not. All with their own perks and benefits may sound tempting enough to open and ... more...

Debt Consolidation Versus Debt Negotiation
Debt consolidation versus debt negotiation are two options that are available to you if you need debt assistance. When your monthly bills become too much for you to handle, it makes sense to use debt consolidation or debt negotiation for solving debt and credit problems.Debt ConsolidationDebt ... more...

The Best Strategy To Erase Credit Card Debt
Credit card debt is a growing sickness in the United States and Europe. It is very important to eliminate debt and take control of your financial health.In the below section, I have listed the best strategy to erase credit card debt. This strategy is tried and true and often recommended by ... more...

Debt Consolidation What Is It All About??
Debt consolidation is the act and process of taking out one loan to pay off many other loans and bills like credit card bills or student loans.Who is it for? Debt consolidation is for people who run into cycle of debts. For example, someone who has problems in paying their monthly bills with their ... more...

You Are Your Credit Score's Worst Enemy
When applying for loans, credit cards, or even trying to lease a new apartment your credit score is the major determinant of how well you will fair. Ironically very few people know what their credit score is and are not aware of the fact that they may be doing various things to hurt their credit ... more...

How To Pay Credit Card Debt Off
If you are determined to pay credit card debt off you are making the best financial decision of your life. The reason credit card debt is so bad is because it carries such a high interest rate.The quickest way to take back control of your finances is to pay credit card debt down or get rid of it ... more...

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