Archive for July 2009

Cash advance helps bad credit people to improve credit rating

D.S.DHillon asked: So why would anyone suggest a cash advance loan over all the other loans? One, applying for a cash advance loan is convenient. As a matter of fact, you can apply for a cash advance loan anytime AND anywhere you wish to do so.  This is because cash advance loan lenders in Australia [...]

Understanding your Credit Rating

Joseph Kenny asked: Your credit rating is important. It may determine whether you can get a car loan or a mortgage. But do you understand the elements that decide whether your credit request is approved or denied? Here’s what you need to know about your credit rating.What Is A Credit Rating?When people apply for loans, [...]

Does it hurt or help your credit to have several open credit cards with no balance?

IrisInLove asked: Or would it be better to close some of them? Overall, my credit rating is pretty good. . .I’d just like to improve what I can.Beatrice

What are some good ways to pay off debt and save money?

Cy99 asked: I am a single parent who does not receive child support. My credit has gotten out of hand and I want to improve my credit rating. After each paycheck I have little money left over and I live on a very tight budget. What can I do to improve my credit rating, pay [...]

I have paid off most of my revolving credit. I have a house payment?

betsy asked: two car payments…and one revolving credit card. I was told to improve my credit score I should get a low percentage rate credit card and purchase my gas for the month with it…and then pay it down every month. Will this improve my credit rating?Randy

What are the pros and cons to a FHA home mortgage loan?

cornfed asked: I have terrible credit but have been pre-approved for FHA at 6% interest fixed for 30 years. I’m wondering if this is the way to go or if there are better ways to buy a home. I’m a single mom, live in Iowa,have very little for down payment, good rent and work history, [...]

As my credit improves, will my credit card companies lower my interest rates and increase my credit limit?

Grace1228 asked: My credit score is 650 and has been improving since I’ve been paying a lot more than the minimum recently. I think that I have pretty high interest rates. As my credit improves, will the credit card companies lower my rates or am I stuck with the rates they gave me when I [...]

How To Improve Credit Ratings With Personal Loans For Bad Credit History

Alan Lim asked: Are you stuck with bad credit history? Do you find it difficult to qualify for traditional loan opportunities? If your reply towards these questions comes in the positive manner, then there is just one approach which can assist you in getting rid of these circumstances. Now, you must be wondering what is [...]