How to Negotiate With Credit Card Companies

How to Negotiate With Credit Card Companies

Credit Card help for single parents usually comes too late, and some, quite frankly with no credit card experience, and largely irresponsible, shouldn't have a credit card at all. Be that as it may, there are many single parents out there with more cards than they can handle, and a lot of piled-up debt who are looking for help. If you are serious about paying off your debt, there is credit card help for single parents available for you to follow. The 'b' word everyone tries to avoid uttering is bankruptcy. If you are at the stage where your financial debt is destroying your life, it is … [Read more...]

How to Negotiate With Your Creditors

How to Negotiate With Your Creditors

When it comes to credit advice for single parents, negotiating with your creditors as a single mother is something that can have a dramatic effect on your credit score if you use the tips correctly. All creditors and lenders will report the handling of your account to the reporting agency but it is purely voluntary and it can be changed or modified very easily with a bit of persuading and negotiation, but you have to convince the lender to take this action. All negative reporting will affect your credit score and that is why you should communicate to your creditor or lender so that he/she … [Read more...]

The National Foundation for Credit Counseling

Credit Card Counseling

As the nation's largest credit counseling for single parents organization, the National Foundation for Credit Counseling (NFCC) Member Agency Network includes over 800 community-based offices located in fifty states. In 2010, 3.2 million consumers received financial counseling and education from NFCC Member Agencies in person, on the phone, or online. With people spending more than they have, and credit cards maxed out and leading to debt, the NFCC and its member agencies are a great help to those who need help, particularly for single mothers who sometimes struggle from month to month to make … [Read more...]

Online Shopping With Your Credit Card

Online Shopping With Your Credit Card

As a single parent, might not have the time to go spend hours in a mall shopping. The great thing about online shopping for single parents is that you can sit at home with your laptop, browse through online sites, read up on products, shop to your heart's content, and with a click on the keyboard have your items delivered right to your door. The bad news is that with the ease of a credit card, you can easily go overboard and spend more than you should or have in the bank. Manufacturers of credit cards surely knew what they were doing when they invented it. The big negative is that there … [Read more...]

How to Establish Good Business Credit

How to Establish Good Business Credit

How to establish good business credit as a single parent is a catch-22 situation as your new business will not get a loan from the bank without your personal credit history taken into consideration and your personal credit cannot be transferred to your LLC or corporation as they are legally separate. Most sole proprietors start off using their own credit history in order to start getting a loan and then transfer that to the LLC in order for books and cash flow to reflect a management that keeps its promises on debt repayment. A strong credit history is the foundation of any good business … [Read more...]

How To Avoid Credit Card Traps

Credit Card Trap

No one ever teaches young people these days about what credit card traps for single parents they should avoid. In fact, they could be spared a lot of heartache is someone just took the time to sit them down and explain these simple credit card tricks that banks and other loan companies use when they are trying to get new business. Credit card companies generally target people in their early twenties specifically because they are not aware of the circle of entrapment that is a credit card. And don't think that you can get away with just having an 'emergency' credit card. It almost always never … [Read more...]

How Your FICO Credit Score Will Affect Your Credit Cards and What You Can Do About It

Credit Card Score

In this article we will try to give you some handy information regarding Credit Cards and your FICO Credit Score. Once you have a negative credit history, it follows you around and makes life very difficult for you for the following 7 years. If you have declared bankruptcy it is even worse; you will not be able to get anything on credit for at least 10 years. Not paying your accounts will impact negatively on your ability to get credit cards and your FICO Credit Score will prevent you getting many other things that you may need credit for. Firstly, let's quantify what a FICO Credit Score … [Read more...]

Everything You Ever Wanted to Know About Credit Card Bonuses

Credit Card Bonus

The one thing that may help us get through the major economic mess the world is in at the moment is the credit card bonuses that most financial institutions offer. If you are like the majority of people in the world, then your salary just somehow never seems to be sufficient to cover all your monthly expenses. Whether you like credits cards or not, they do help a lot That is, they do help if one uses them wisely and takes full advantage of the credit card bonuses that are offered. There are so many institutions that offer what may seem like incredible deals that it is difficult to choose … [Read more...]

How to Remove Negative Credit History

How to Remove Negative Credit History

There are millions of single parents who have a negative credit history. The first step to dealing with a negative credit history it to acknowledge you need help and that the problem is not going to go away in itself. Secondly, by getting a credit report you can assess the financial situation you are in. This can be done free of charge from the three individual credit bureaus. Also, by obtaining a credit report, you are free to query any negative items on that report. There are three bureaus in the USA which can supply you with an easy to understand summary of these reports. The bureaus … [Read more...]

Interest Rates on Credit Card Balance Transfers

Interest Rates on Credit Card Balance Transfers

When we talk about managing our debts better, moaning about interest rates and what our options are, low interest rates on credit card balance transfers often come up in conversation. But what exactly do they mean, what do you need to do to benefit most out of it, and what should you be on the lookout for as to not get into more debt than you started with? The importance of interest rates on credit cards balance transfers Before we start examining what interest rates on credit card balance transfers actually signify to the average consumer, let us first examine the concepts which make up … [Read more...]

Skip to toolbar