Using Secured Credit Card to Build Your Credit

Secured Credit Card Vs Unsecured Credit Card Do you know that you can use secured credit card to build or rebuild your credit? I know that there are many credit cards out there. Customers are being bombarded with different credit card offers every day. Unfortunately, if they apply for some of these cards, their applications can be rejected.  The fact that you receive a credit card offer does not guaranty automatic approval if you apply. To make things worse, every time you apply for a new credit card, an investigation will still be conducted on your credit. Such investigation usually Continue ReadingUsing Secured Credit Card to Build Your Credit

Important Facts about Debt Consolidation Loan

What is Debt Consolidation? Debt consolidation is actually a financial management strategy whereby a debtor takes one loan to pay off two or more loans.  This strategy is usually adopted by people having different loans with varying high interest rates thereby making it difficult for them to meet their monthly obligations. Debt consolidation loan covers different types of loans such as personal loan, car loans, student loans, medical bills, credit card balances and even payday loans. It has to be noted that debt consolidation loan does not cover your mortgage loan. If you have difficulty in meeting up with your Continue ReadingImportant Facts about Debt Consolidation Loan

Debit Card Vs Credit Card. Which is better?

What are the difference between debit card and credit card? Debit card has been in use for a long time. I don’t think there is anyone who holds a credit card that will not have a debit card also. So, it is obvious that debit cards and credit cards are not strange to some people. But unfortunately, if you ask these people to tell you the difference between debit card and credit card, they will not be able to pinpoint any significant difference. Another category of cardholders are these who have a fair knowledge of the two cards; that is Continue ReadingDebit Card Vs Credit Card. Which is better?