Combine Credit Counseling With Debt Elimination for a Fresh Financial Beginning

Combine Credit Counseling With Debt Elimination for a Fresh Financial Beginning
You have found yourself drowning in debt. Credit card debt
mainly. It may or may not be comforting to know that you
are not alone. Credit cards are too easy to obtain and
use. Combine this with our "buy it now and pay for it
later" society and you have a recipe for financial disaster.

When you don't know how to use credit wisely, you can
quickly find yourself in a financial hole. A hole that is
very difficult to climb out of. Like over-eating,
excessive drinking or gambling, over-shopping can be hard
to stop. Especially when it is so easy to have everything
you want. Just swipe that plastic card at the checkout
counter, and bring it all on home.

The need for Credit Counseling is similar to counseling
needs for other addictions. You first must realize that
you have a problem, and be willing to look for help.

Then do some research to find the counselor that is right
for you. Some are non-profit, some are for-profit. Some
are government approved, some are not. You can find them
on the internet or your local yellow pages. A good place
to start could be your local clerk of courts. They may
have a division for bankruptcy cases which would have a
list of counselors.

A good counselor may educate you on how to wisely use
credit, and help you set a budget for yourself so that you
do not outspend your income. But what about the debt
burden you already have? If your current credit card debt
is at least 75% of your annual salary, you will probably
never ever be able to pay that off. No matter how good
your counselor is.

The credit card companies help to ensure that you cannot
pay off your debt by raising your interest rates to
excessive amounts. Congress has discussed passing laws to
keep credit card interest rates fixed for previously
purchased items. But don't expect that to actually happen.
It just makes for good PR for your local congressman.

You must also find a way to eliminate the debt you have. A
good debt elimination program will allow you to legally
discharge 100% of your credit card debt, without
bankruptcy, consolidation, or refinancing. This can be a
one-time fresh start on your financial future.

Debt elimination may not be for you. Other solutions may
include debt settlement, consolidation, or refinancing your
home. Once you have identified that you need a solution,
then you need to find a program you are most comfortable
with.

Credit counseling may help you learn to live within your
means now, but will not help you eliminate the burden you
have already taken on. You may combine both counseling and
an elimination program to truly get your financial life
back on track.

Like the alcoholic, drug addict, or compulsive gambler,
nothing will improve your financial situation until you
understand that you need help, and you take action to
obtain that help. Just stopping the use of your cards is a
good start. But the interest will keep building. So every
day you wait is another day deeper in debt.

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Billed as The True Debt Advisor
(http://www.TrueDebtAdvisor.com), Jim Vrana's mission is to
educate and empower people to overcome their financial
challenges. The time-tested legal procedures used to
eliminate credit card debt have been used by thousands of
people with tremendous success.
Contact:
Jim Vrana
(800) 637-1785
http://www.TrueDebtAdvisor.com

Common Credit Report mistakes

Common Credit Report mistakes
Your credit report is not something to be taken lightly
these days. It is almost as important as your social
security card. There will come a time where your credit
report will be required for credit purposes. We see credit
reports on a daily basis, and there typically are issues
with that individual's credit report that was not known.
This is all too common due to a lack of staying on top of
your personal credit report. Here are some common issues we
see that cause loans to get denied.

Credit Report Issues:
- Credit Cards charged beyond credit limit
- Credit Cards charged above 30% of allowed credit limit
- Late payments
- Co-signed for loans
- No Credit
- Credit Score too low
- Your dads credit shows up on your report because you are
a junior
- Medical Collections
- Stolen Identity
- Credit card fraud

The majority of the time most people have no idea that the
previous information discussed affects your credit report.
All it takes is one of these mistakes to have issues
getting credit extended to you.

If you are getting ready to make a purchase you can
definitely save on interest rates and terms by pulling a
copy of your credit report with credit scores. This is a
preventive measure so you don't get blind sided with a
credit problem. There is a 1 n 4 chances your credit report
has incorrect information on it.

Suggestions to avoid common credit report mistakes
- Pull your credit report every 3 months
- Don't be late on obligations
- Don't co-sign for anyone
- Don't charge more on a credit card than you can pay off
that month
- Establish credit if you don't have any with Secured
Credit Cards
- Pay your medical bills
- Shred all document that come in the mail to avoid id theft

It only makes since these days to watch out for the
problems that have been mentioned.You have nothing to loose
by checking your credit report with credit scores
regularly. You would be suprised about how many people have
identity theft going on with them and not even know about
it, until its too late. Identity theft is the fastest
growing crime in America. Most identity theft could have
been prevented with a little better credit management. If
you have not checked your credit in a while, now is a good
time to get that piece of mind. This is part of proper
credit managment.

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About the Author: Mike Clover is the owner of
http://www.creditscorequick.com/ . CreditScoreQuick.com is
the one of the most unique on-line resources for free
credit score report, Internet identity theft software,
secure credit cards, and a BlOG with a wealth of personal
credit information. The information within this website is
written by professionals that know about credit, and what
determines ones credit worthiness.

Apply Online For Bad Credit Credit Cards

Apply Online For Bad Credit Credit Cards
Do you have a bad credit history? Do you find it difficult
to get credit cards? If you have a reputation of not making
your payments in time then many companies will not be
willing to issue credit cards to you. Every bank or company
that provides its customers with credit cards first makes a
thorough checking into the background of the customer and
his credit history. If the customer in question does not
have a very clean track record they refrain from issuing
credit cards to him. And you cannot blame them as your
inability to pay them back leads to losses. So banks and
credit card companies are wary of such customers. If you
want to get your credit back on track applying for a bad
credit credit card is a good option. Today many companies
are willing to issue credit cards to people with bad credit
history. They are willing to give you a second chance of
improving your credit record. It usually takes around seven
years to get rid of those bad credit marks from your credit
history and establish your reputation. But now several
credit cards are available for people with bad credit
history. It provides you with a chance to improve your
credit record. Generally, interest rates for bad credit
credit cards are much higher than the normal ones.

The easiest and fastest way to get a bad credit credit card
is to apply online. All that you have to do is visit
various websites that tell you about the credit cards and
how to apply for them. Applying online is pretty easy.
Choose the credit card that you want to have and then click
on the apply button. You will get the application form that
you can fill online. You need to fill the requisite
details. Mandatory details like your name, address and
vehicle number and details of your credit history and so
on. You can make your payments online and you have free
twenty four account access

Some credit card companies provide flexible guidelines to
make their payments. There are many companies offering
credit cards for people with bad credit. There is a growing
competition in market so many companies are offering bad
credit credit cards at low rates. They provide various
other facilities like fraud protection and no liability for
unauthorized transactions. Make sure when you apply for a
credit card, you read all the terms and policies of the
company. Go through their rules and regulations carefully
and then decide which one you want to opt for. Many
companies also provide instant credit cards and instant
loans for people with bad credits. There are many offers
out there to lure customers. Make sure you choose the most
trustworthy one.

What you must always remember not to go overboard with your
expenses. Credit card for bad credit is very easy to use
but a bad credit credit card is meant to improve your track
record. If you use it carefully it can go a long way into
improving your credit record. So once you have got your
track record straightened out you can go for normal credit
cards.

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