Credit Monitoring Services - Great Tool for Credit Repair

by William Lingle

As you begin repairing your credit you will be able to monitor your credit score at periodic intervals.
This will let you see if the changes you are making are having a positive effect. This can be a great
benefit as you will be able to tell immediately what is working and what isnt. Some of the services
even offer tools to let you see what changes will benefit you the most, such as paying off a certain
credit card, before you even make such a change. This can be very beneficial in determining your
strategy to repairing your credit.


By combining your credit reports from all 3 credit bureaus, you will easily be able to see the
differences in your credit reports between all credit bureaus. Since each credit bureau maintains
its own consumer credit database, don't be surprised to find differences on each one of your
credit reports. This is why its essential to get a copy of all 3 credit reports because you wont know
which credit agency in advance that a lender might check your credit with.

Alerting is a feature that allows you to receive email notices if any major changes happen to your
credit report. Most services allow you to monitor changes from all 3 credit bureaus. This can be an
ideal way to detect Identity Theft. Also, if you are in the process of getting a home loan or auto loan,
you will want to know ahead of time if something changes in your credit report that may hinder your
approval process.

Many of the credit monitoring services even offer Identity Theft insurance. By being enrolled in their
service, you entitled up to $25,000 in damages if you are a victim of Identity Theft.

Credit Monitoring as a service then allows you access to your credit report at all 3 credit bureaus,
and the ability to see the bureaus own credit score or your FICO score. Alerts can be setup to notify
you of significant changes to your credit that could be Identity Theft.

Check out my 3 bureau credit monitoring review page for a breakdown of the most popular
companies offering credit monitoring services. 

William Lingle is the owner/operator of Clever Credit Repair - http://www.clevercreditrepair.com.
 Please view my site to view a unique approach of learning credit repair. We will arm you with the
 best quality information, articles and resources to repair your own credit as good or better than
any professional service can offer.

Credit Repair Scams: The Warning Signs

by sas_upena1

"We can erase your bad credit -- 100% guaranteed."

"Create a new credit identity -- legally."

"We can remove bankruptcies, judgments, liens, and bad loans from your credit file forever!"

Do yourself a favor and save some money, too. Don't believe these statements. Only time, a conscious effort, and a personal debt repayment plan will improve your credit report.

This article explains how you can improve your creditworthiness but you have to remember that it can take time. If you stick to a plan you can repair your credit and get your life back to normal. Take it one step at a time and make sure that you are not planning to do anything illegal.

The Scam

Everyday, there are companies nationwide that appeal to consumers with poor credit histories. They promise, for a fee, to clean up your credit report so you can get a car loan, a home mortgage, insurance, or even a job. The truth is, they cant deliver. After you pay them hundreds or thousands of dollars in fees, these companies do nothing to improve your credit report; most simply vanish with your money.

The Warning Signs

If you decide to respond to a credit repair offer, look for these tell-tale signs of a scam:

companies that want you to pay for credit repair services before they provide any services.

• companies that do not tell you your legal rights and what you can do for yourself for free.
• companies that recommend that you not contact a credit reporting company directly.
• companies that suggest that you try to invent a "new" credit identity -- and then, a new credit report -- by applying for an Employer Identification Number to use instead of your Social Security number.

• companies that advise you to dispute all information in your credit report or take any action that seems illegal, like creating a new credit identity. If you follow illegal advice and commit fraud, you may be subject to prosecution.

You could be charged and prosecuted for mail or wire fraud if you use the mail or telephone to apply for credit and provide false information. Its a federal crime to lie on a loan or credit application, to misrepresent your Social Security number, and to obtain an Employer Identification Number from the Internal Revenue Service under false pretenses.

Under the Credit Repair Organizations Act, credit repair companies cannot require you to pay until they have completed the services they have promised.

Make big affiliate money with a credit card site. Sign up for free at Credit Card RepairSubmitted by: Super Article Submitter

Apply For a Credit Card

What you need to know before you apply for a credit card.

Many times people will get credit card offers in the mail on a daily basis. many times people will not even read all of the terms and conditions not knowing that they are getting themselves into a 23% interest rate with a 250 annual fee.

Do your research before you seek and apply or send in that credit card offer.

There is many great cards you can apply for you just need to know what you will need and use that card for

Once you get your credit card you will want to pay off the monthly balance in full. This is good for two reasons, one being that it will keep your interest rate down and will show that you can pay on time. Second, since you are making payments on time and paying off full balance your credit card supplier will increase your balance.
remember to always be smart when you apply for a credit card.

Obtain a loan even with bad credit

Take Your Time to Build Your Credit

Build your credit slowly and be cautious...

This is a common problem with the young adults today in life.
many adult are 18,going to college living the night life and working part time.
it seems as if you just graduate from high school and the credit card offers start pouring in. So many young adults think "oh only one credit card is fine" and do not realize the effects of these hefty credit tickets.

With so many credit cards having such high interest rates due to no previous credit history one single missed payment can spell disater.

instead you should be highly advised to take your time to "build your credit" and be very cautious of annual fees and high interest rates.

Talk to some one with experiance in the finacial field not all offers can be as great as they seem.

However,
If you do recieve a credit card pay your bill on time and pay more then the min. payment. by doing this it keeps your credit in great standing and over time builds your credit slowly, the right way.

Never max out your credit card and carry over a monthly balance from month to month.
This does no look very well to other potential lenders and can lead to future turndowns.

First step should be to open a savings and checking account and begin to build your savings account just a little over three months and then try to opt in for a low limit credit card through your bank. Many times your existing back can work out a lower interest rate which can prove to be very much a plus feature to have.

How Can I Build Credit

there are many ways that you can build credit,
One would be to start/open a bank account and build your credit through your checking account for at least 6 months,

After this has been completed you should ask for a student credit card .
these will come with a credit line of 300 and you should build from there

this is just one trick you can take to build fast credit

Cash Rebates With Credit Cards

Credit Cards With Cash Rebate

Credit cards with cash rebate incentives give you cash rewards each and every time you make a purchase with your credit card. Although there are many types of reward credit cards out there, more and more companies are leaning towards cash back incentives, as most people prefer to receive cash back over any other type of reward.

For many, getting cash back is far preferred over air miles, items, or any other reward. If you like to use your credit card often, then you’ll find that cash rebate credit cards will give you a lot of money in return.

Normally, these types of credit cards entail higher fees and APR. You don’t want to carry a high balance on these cards at any time, as it normally ends up very costly. If you can off your balance at the end of the month, then your APR won’t affect you. Paying off your bill will also allow you to take full advantage of the cash rebate reward.

The percentage of cash back will vary, although most normally have 1%, with 5% being applied with certain purchases. For every purchase you make using your cash rebate credit card, you’ll get a small amount of cash back. Using your credit card on a frequent basis will give you a lot of cash back at the end of the year.

If you make big purchases, you can get a lot of cash back by using your credit card, although some may have a limit on just how much of a rebate you get back. If you plan to purchase large items such as furniture, you should check into your cash rebate credit card and find out what the rebate is on these types of purchases. The better rebate cards will normally send a lot of rebate cash your way just for purchasing some of the larger items.

Before you get a cash rebate credit card, you should always find out how much of a reward you will be getting with each purchase, and what the limit may be. Once you have reached the limit, some banks will either send you a check, deposit the reward into your bank account, or simply add the reward to your credit card. All three are wise options, although most prefer to have the money added to their bank account - so it can help draw some interest.

If you research the rebate card and find out what other features are included, you’ll normally come out a winner. Make sure you inquire about the credit limit, fees, and other things that you feel you should find out. Once you have researched and found out what you need to know - you can get a cash rebate credit card and begin living life knowing you will be getting cash back for just about anything you purchase.

The high price of credit cards

The high price of credit cards
The price of credit cards.
Do you know every thing about your credit card?
Even though some people choose to rush into getting a credit card, they generally do so without being knowledgeable of the high cost they could pose. So many credit cards out there come with hidden fees and charges, and you should always be conscious of this before you apply. In many cases, these fees and charges won’t get seen by the user until it is way too late.

Credit card customers who are not conscious of any hidden costs could easily end up paying perhaps thousands of dollars at the end of the year - and not even grasp it. If you have a reward credit card, your rewards could easily be ruined by these hidden costs. Even though some credit card users may comprehend it, there are many out there who are not aware of these fees at all.

One of the first factors for concealed costs is found in the grace period. The grace period is the extra time you have to pay your bill without having added fees to your statement. although this can be fantastic for paying your bill, it can quickly lead to a downslide if you let it. To prevent any type of costs or hidden charges, you should pay your bill as soon as it comes. This way, you won’t have to stress about your grace period or the interest that can accumulate from letting your bill get later and later which is never good.

The late charge is another factor with credit cards that is more times then not overlooked or brushed aside by credit card customers. Late charges are frequent with credit cards, even though their potential for costs is often over seen. Some people decide to pay it and be done with it, unconscious of the fact that these fees can indeed add up in a very short period of time. One thing to do to be on the secure side, you should always recognize what the late fees are and how quick they can add up.

The simplest way to prevent any type of hidden charges or costs is to pay your bill on time - as soon as your statement arrives in the mail. You must also pay more than the minimum, by doing this, this helps to pay your bill off much quicker and guarantee that you pay the bill and not just paying the interest month after month. Paying your bill late is never a good idea, as it can easily demolish your credit report and score. If you time and time again keep making late payments, your company or bank can escalate your interest rates.

I will leave you with this no matter what you do, you should continuously pay your credit card bill on time. Hidden charges and costs are out there and every where - it’s up to you to shun them. Credit card companies and banks will never tell you what the hidden fees are, unless you ask them directly and upfront. To defend yourself and your credit - you should always be alert to the costs - and how to avoid them from happening to you, this has been some general information to help you stay away from the high cost of credit cards and falling into the pitfalls of hidden and late fees.