by admin on October 30, 2009
Credit means money loaned to the consumer either by secured or unsecured method. Secured lending is the mortgage on your personal residence or your car while unsecured lending is the consumer’s credit cards. The lender’s who issue credit cards establish an initial credit limit to the consumer. Use your credit cards responsibly. A good credit [...]
by admin on October 29, 2009
In order to safeguard the consumer’s reputation and credit score rating, they need to review and relearn ways to protect themselves. Some of the things the consumer needs to revisit are the following key ideas: • Does my family have a financial plan for the future • Am I borrowing wisely and paying back promptly? [...]
by admin on September 29, 2009
When money gets tight and the consumer lose their job, then repaying unsecured credit card debt is hard. The consumer is holding on to make their monthly mortgage or rent payments and put food on the table for their family. The consumer needs to explore a debt settlement program as an alternative. Debt settlement is [...]