Buying a house after bankruptcy is very possible Buying a house after bankruptcy can be a tremendous task for those who are just coming of out a financial disaster. There are many hurdles that need to be addressed concerning credit recovery. One question that seems to remain on people’s minds, is will they be able to purchase a home after filing for bankruptcy? For most people coming out of bankruptcy the goal is to … [Read more...]
4 Rules On How To Manage Your Money
Learn How To Manage Your Money. It's all about Cashflow. Money is a very is an important commodity in life, and therefore, a commodity necessary to acquire. So, how you will spend, manage, and invest your money will have a big impact on your life. Learning how to save this money can take a while yet there are also a few schools that will teach you these important skills. But learning the basics are simple and never … [Read more...]
3 Reasons To Use A Credit Management Company
A Credit Management Company can help get out of debt. Sometimes they get a bad rap but there are some great companies out there that are really trying to help you get out of debt and not take advantage of you. These days, with the economy so unpredictable and so many people suffering in their finances, obtaining and effectively managing our credit can seem difficult, and to some of us, impossible. There are so many … [Read more...]
Should You Get Secured Credit Cards?
Secured credit cards can be a valuable tool in building credit Secured credit cards, also known as no credit credit cards, are an excellent option for a person who has no credit or is establishing credit. For many people in these situations, a secured credit card is their only option. Over time, a secured credit card will make it possible for people with credit issue to qualify for an unsecured credit card. What is a … [Read more...]
Learn How To Get Loans Even With Bad Credit
Did you know that you can get loans with bad credit? If you have a murky credit history, containing a record of payment defaults, you are very likely to run into trouble when applying for bank loans and other financial services. As a high risk customer, you will either fail to qualify for standard loans or you will be turned away as too much of a high stakes candidate for the bank in question. The question is then, … [Read more...]
Unsecured Credit Cards for Bad Credit
Unsecured Credit Cards for Bad Credit A bad credit score has the ability to harm a person's financial security and overall value of life. Most people might not realize this but their credit rating reflects their financial reputation. People with a bad credit score are probably not good at managing money or have had a major unexpected shock to their economy. Once a lender finds out about this, chances are they will not … [Read more...]
Credit Cards – The good and the bad
Welcome to wealthmaverick We're here to help you understand your options around finances. So, let's get right in to it. Credit cards: If used wisely can be a useful tool in your financial toolbox. If used poorly can be very painful. Pros 1. Easy Access - In comparison to most other loans, credit cards are typically some of the easiest to acquire. If you have a good credit score with a decent history … [Read more...]
Debt Settlement vs. Bankruptcy
Debt Settlement vs. Bankruptcy If you have a ton of debt and very little if any means to pay the debts off at some point, probably sooner than later, you'll need to attack the debt either through negotiating with your creditors for lower balances through debt settlement or to go for a clean break with bankruptcy. Chapter 7 is the most effective way to wipe as much of your debt as possible. Where does debt settlement … [Read more...]
Top 3 tips to getting out of credit card debt
Don't let credit card eat you alive Grrrr.... Credit Card Debt.... You've got it, it's like a tick that keeps sucking the blood from your bank account. I'm writing in jest. Credit Card Debt isn't the end of the world. It can however make your life very difficult if you don't manage it well. Why is it such a big deal? Mostly because the amount of interest most people pay on their credit cards is 10-25% and if you … [Read more...]
Improve your credit score now!
How to improve your credit score Did you just check your credit score and it sucks? What are you going to do? Here are step by step instructions on how to improve your credit score. It won’t happen overnight but it can happen sooner than you might think. Have you ever heard of people who after going bankrupt were able to purchase home within a couple of years after? It’s possible. Whether you are trying to buy a … [Read more...]