Credit Card Offers For People With Bad Credit Or Poor Credit History

By MoneyBlueBook

Updated List Of The Best Secured and Unsecured Bad Credit Cards For Credit Improvement

Credit card usage is a fact of life whether you agree with its pervasiveness and all around commercial necessity or not. What started out as a way for consumers to make payments quickly and efficiently without the need to carry around cash bills and coins has morphed into a mish mash variety of credit card rewards, airline credit card miles, and balance transfer offers. Today, credit cards are used and needed for everything from airline ticket and hotel room reservations to car rental bookings. Credit card numbers are also necessary for frequent online shoppers as traditional bank accounts and debit cards don't offer the same high degree of fraud protection that credit card issuers do. Owning at least one credit card and paying back the balance on a regular basis is also one of the easiest and most established ways to build up a credit score history, and secure your future ability to get approved for home mortgages and car loans.

Even those who are generally opposed to the use of credit cards and revolving debt on principle may find it difficult at times to survive without one. During tough economic times, independent minded people such as myself have used credit cards as emergency fund money to weather momentary periods of unemployment instead of relying on family handouts or resorting to desperate measures like high interest payday loans.

Of course, tapping into the myriad of credit card programs available in the

By MoneyBlueBook

Updated List Of The Best 0% Balance Transfer Credit Cards Below

If you stumbled onto this page through Google or one of the popular search engines, then you're likely looking for a compilation list of the top recommended 0% APR balance transfer credit cards. Well you've come to the right place then.

After performing quite a bit of reading, research, and comparison of credit card deals and promotional offers, the following categorized list contains what I believe to be all of the best balance transfer credit cards available. For those of you who track this sort of development, you may have noticed that the more lucrative 12  month 0% APR no balance transfer fee offers have seemingly disappeared. Unfortunately, the balance transfer promotions out there seem to rise and fall with the credit market so as the credit market has tightened, so has the exclusive list of lucrative balance transfers. But given enough time, I'm confident the 12 month no balance transfer fee cards will return eventually. But for now at least, the following are the best deals currently available in the credit card market.

So What's The Point Of Using A Balance Transfer Credit Card Anyway?

For those not certain as to why 0% balance transfer credit cards are so heavily sought after and used by credit card consumers, one only has to look at their versatility and multiple range of possible uses.

For those who are credit savvy and financially responsible, using a balance transfer is an excellent way to borrow interest free money for various financial planning

By MoneyBlueBook

I'm what you would call a credit card arbitrager. What that means is that one of my hobbies and passions is to seek out ways to maximize my money, particularly in the area of credit card reward programs. It's not just credit card sign up bonuses and cashback rewards that I aim to maximize either - it's also such credit card perks as balance transfer offers. 0% balance transfer credit cards are used by many, including myself for a variety of financial planning purposes. While some anti-credit card personal finance commentators frequently rally against the use of credit cards altogether, blaming them for the out of control credit card debt problem we have in this country, I personally cite the lack of proper financial education and abandonment of personal responsibility and accountability for the majority of credit card debt related troubles on the part of consumers.

Credit Cards Offer Valuable Benefits For Arbitrage Chasers, But They Should Be Used Wisely and Selectively

While not perfectly analogous, one can compare the benefits and utility of credit cards to that of an automobile. Both are powerful tools that can help people enhance their lives and get them to their target destination, whether real life or financial. However, both, if utilized improperly or irresponsibly, can potentially cause serious damage to oneself and to others. If you drive your vehicle while inebriated or intoxicated, or if you disregard the legal speed limit and swerve around the highways recklessly, you are bound to not only harm others, but injure yourself

By MoneyBlueBook

My Advice and Guide To The Risks Of Using Pay Day Cash Advance Loans

When it comes to the subject of money and finance, certain things seem to inherently come with bad raps, and it's not always deservedly so. As someone with a legal background, I feel that I've been naturally trained and conditioned to reflexively see both angles of a debate. Generally, I can take either opposing positions of a controversial issue. For example, when it comes to credit cards, I can see both the negatives and the positives. Some see credit cards as the scourge of consumer debt, and the ultimate symbols of excessive consumerism and financial servitude, responsible for trapping generations of consumers into irresistible cycles of minimum payments and high interest credit card debt. But at the same time, I can also see the rewarding aspects of credit card usage - the ability to use a powerful and versatile financial tool to not only build much needed credit history, but to make money and earn cash back rewards through responsible use and management.

However, even with a self proclaimed balanced view towards the use of semi-controversial financial tools for arbitrage profit and monetary gain, there are some practices out there I am reluctant to defend. Currently, I'm loathe to take a positive stance when it comes to the area of payroll advance loans and high interest short term cash advances. While I begrudgingly admit that payroll cash advances do serve a certain purpose and that there is an unmet need in the

By MoneyBlueBook

According to the Fair Credit Reporting Act (FCRA), a consumer reporting company is officially permitted to list accurate negative information on a consumer's credit report history for seven years (7) and bankruptcy information for ten (10) years.

Information regarding a lawsuit or judgment against you can be reported for seven years or until the statute of limitation expires, which ­ever is longer. There is no time limit on reporting information about crimi­nal convictions, information that is reported in regards to a job application for a salary of more than $75,000 a year, nor is there a time limit on information reported because of an application for $150,000 worth of credit or life insurance. Thus, unless the reported information is otherwise determined and proven to be inaccurate, incorrect or downright fraudulent, negative information on your credit report can only be removed or marginalized through the passage of time.

It's the job and duty of the credit reporting agencies to store and maintain accurate information about consumers by collecting data from credit granters and public records, including bankruptcies, judgments, and liens. Potentially negative information or remarks, such as missed payments and most public recordations, generally remain on a personal credit report for 7 years, with the exception of Chapters 7, 11 and 12 bankruptcy filings, which remain for 10 years. Unpaid tax liens remain for 15 years while paid tax liens remain for 7 years. Positive information may remain on a report indefinitely, and paid-for closed accounts generally display for 10 years. Requests

By MoneyBlueBook

Updated List Of the Top Recommended Instant Approval Credit Card Offers Below

These days, with the emphasis towards quicker and more convenient methods of transacting business (contact-less radio frequency credit card scanners, for example), credit card companies are constantly researching ways to improve the speed of credit transactions and the expediency at which they acquire new customers. Currently, most standard online and paper credit card applications take upwards of 2 weeks to a month or longer to get reviewed and approved. For the vast majority of people, this is no big deal since most people are usually not in any particular hurry to get a new credit card. Most people apply for credit cards because they want the long term purchase convenience that they offer, or they want the ability to save money on ordinary purchases by earning credit card rewards and rebate discounts. But there are consumers who simply don't like to wait weeks to find out whether their credit applications were approved or denied. For those who intend to use their new revolving credit account to pay down debt as soon as possible or make an emergency balance transfer, having to wait up to 4 weeks or longer is often a pretty significant inconvenience. For those types of people, choosing to go with an instant approval credit card offer may be the way to go.

Generally, instant approval credit cards benefit those with exceptional credit scores and credit histories the most. For credit cards that offer or advertise the instant approval option, once the online