Get good credit cards for bad credit

Good credit cards for bad credit help you raise your credit score faster and with less liability than any other credit option I know of. I got my bad credit jump started to good credit by opening a credit card that had been charged off for 384 dollars in 1992.

The Total Visa will approve people with bad to VERY bad credit. Just pay back more than you charge each month and after 12 months your credit will take a big jump up the FICO good credit score ladder.

~ Instant on-line decision
~ Monthly reporting to all major credit bureaus
~ Free 24 hour online account access
~ Outstanding customer service

Another good credit card for people with Very Bad credit is the Continental Finance Credit Card.

Some useful tips and information on avoiding bankruptcy

When you are on the verge of filing bankruptcy and desperately want to avoid that, some other alternatives are there. In this article, you can get some tips and information with the help of which you can avoid bankruptcy.

If you are able to steer clear of filing bankruptcy, you must do it. This is essential because bankruptcy can badly influence your capacity for obtaining credit and loans for the coming 7-10 years. Following are some other alternatives worth considering and some tips to avoid bankruptcy.

Credit counseling

Once you lag behind on your payment schedule, you would easily become beleaguered. Although filing bankruptcy might appear as the simplest alternative, it might not be the most beneficial option. When you really wish to avoid filing bankruptcy, you can rather attempt credit counseling. A variety of credit counseling services is there to analyze your condition and offer you professional guidance to assist you in improving your financial status.

Debt consolidation

While you have become overextended by multiple bad debts, you might take into account obtaining a debt consolidation loan. By taking this loan, you can get the necessary money for consolidating all your debts into a single and reduced monthly payment. Subsequently, it would be easy for you to manage your bills and you can make a fresh start altogether.

Tips for avoiding bankruptcy

Besides credit counseling and debt consolidation, there are some other steps that you can take in order to avoid bankruptcy and they are the following:

1) Take an honest attempt to clear up your debts. A few creditors might be ready to receive a lower amount in comparison to the actual amount you owe.

2) Filing for bankruptcy does not come to you for free. It is essential that you conserve money for that or find an additional job. Think about utilizing the money that you already have and extra money that you can make to start repaying the bills as an alternative.

3) Try to economize. Save as much as you can and utilize that money to liquidate your debts gradually.

Foreclosure on my credit but my ex was supposed to pay

I need some advice. I divorced almost 4 years ago. I had a home that was to be put on the market and sold. My ex and I were to split the profits. About $15,000. each. for over a year it was on the market, he rented it out. This year he let it go into foreclousres. He said I won't get a dime from him anymore. "He also owes back alimony". Anyway, This is on my credit report. According to a judge, he was to sell it. How can I get this off my report or will I be able to? I need help.
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Probably notbut you can add a comment about the divorce decree.
You can sue the man for the lost monies due to his stupidness and non conformation to court mandates, the credit disruption and future cost associated, and the alimony. I would place a comment on the foreclosed account.50 words or less with a court number

Home of my dreams and I have a 540 score. Get Financed

I found the home of my dreams,,,, I have a good stable job, but my credit score is 540. The few lenders and brokers I have contacted, treat me like I have a disease because I don’t have a 800 credit score! I don’t believe that every person with a home has perfect credit ( give me a break! ) There has got to be someone out there who can help me (either up my score, or work with me with the score I have). I am willing to work on my credit score for a few months (I really want to move by Feb-March 2009)….
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Do you know everything that is on your credit report and why your score is a 540.
The good accounts
The bad accounts
Everything 540 is below a 640 is below a 740.
homes lenders do not need an 800 scorebut they do need something stable to hang on to. Someone is going to ask your potential lender why did you lend this person money. First you must also realize that going to regular banks that regualry lend regualr people money is not where you should go.
You are irregular.
Then lets talk about the home of you dreams.
Is it affordable for you.
Do you have a 20 percent downpayent.
Have you been on your current well paying job for more than 5 years.
Have you lived in your curent area for more than five years
Have you lived at your current address for more than 2 years.
Have you considered paying too much interest to buy the home of your dreams
Like going to wells fargo for a large interest loan....... well lets start here
what is on your report
bad good ugly

Collections agency pulled my credit before they posted a deliquency

I love your blog. It is so refreshing to get down to earth credit advice. My question is - I have some unapid medical bills. One of the collections agencies recently made an inquiry to my credit report before they posted a deliquency. Why do they do that?
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That is totally illegal
threaten suit and allow no respinse other than total removal they do this normally to find out new addresses
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Well the strange thing is that I have not been contacted by any of them. One of them did post a new credit ding for $800 for which I have no idea what it is and will be sending them a verification. The others I have heard nothing from and havent posted anything to my report. I am thinking the inquiries are hurting my score though since there are about 10 of them from different companies. When you say it't illegal should I dispute it with the bureaus or the company themselves?
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dispute it with the company themselves
and threaten suit if the account is not totally removed due to their illegal activity of pulling your credit report fishing for addresses

If you did not authorize the inquiries. This a is violation of the fair credit reporting act.Excersise you stautory rights

617. Civil liability for negligent noncompliance [15 U.S.C. § 1681o] (a) In general. Any person who is negligent in failing to comply with any requirement imposed under this title with respect to any consumer is liable to that consumer in anamount equal to the sum ofJuly 30, 2004 63 (1) any actual damages sustained by the consumer as a result of the failure; and(2) in the case of any successful action to enforce any liability under this section, thecosts of the action together with reasonable attorney's fees as determined by thecourt.(b) Attorney's fees. On a finding by the court that an unsuccessful pleading, motion, or other paper filed in connection with an action under this section was filed in bad faithor for purposes of harassment, the court shall award to the prevailing party attorney'sfees reasonable in relation to the work expended in responding to the pleading,motion, or other paper.§ 618. Jurisdiction of courts; limitation of actions [15 U.S.C. § 1681p] An action to enforce any liability created under this title may be brought in anyappropriate United States district court, without regard to the amount in controversy, or inany other court of competent jurisdiction, not later than the earlier of (1) 2 years after thedate of discovery by the plaintiff of the violation that is the basis for such liability; or (2) 5years after the date on which the violation that is the basis for such liability occurs.