Planning for Christmas Yet?

Are you planning for Christmas yet?

I know, that’s a scary thought, but are you planning for this year’s Christmas gift buying yet?  Especially if you don’t have the cash to buy all those gifts at once, you should either be saving like crazy now OR you should be working on your credit score so that when the holidays roll around again, you’ll have the credit that you need to do this year’s Christmas shopping.

Now, of course there are a couple of different ways that you could be saving for this year’s gift giving extravaganza.  The first and probably, the easiest way to save is to simply have a certain amount taken out of your pay check each week and put into either a savings account or onto a prepaid debit card that you don’t use until it’s time for Christmas shopping.  (I know, emergencies do arise, but if you don’t use the card, come October you’ll have a tidy little sum to shop with.

As far as prepaid cards go, there are a lot of options out there, but I like the Account Now Prepaid Gold Visa.  It’s easy to sign up for, easy to put money on, and the online interface is pretty neat.  And, once you start putting a certain amount on your prepaid card each week, it just gets easier and easier to keep going!

Apply now for your AccountNow® Gold Visa® Prepaid Card

 

 

The other way that you can start planning this year’s Christmas season is to start working on your available credit now so that when the time comes, you have the credit you need to buy the gifts that you want.  One of the best ways to get a fresh start on your credit and get the credit that you need for Christmas shopping is to apply for a Fingerhut Credit account.

Unlike a lot of online shopping sites, Fingerhut is known for extending credit to those with less than stellar credit scores, and unlike other catalog shopping sites, Fingerhut has hundreds of thousands of name brand merchandise, priced competitively, and they tell you up front what the monthly payment will be, so there’s no guesswork nor any surprises to wreck your budget.

And, if you open your Fingerhut Credit Account issued by WebBank now, you’ll be ready for Christmas shopping when it rolls around later!

 

Bad Credit? You Can Still Get That Car Loan!

Need to replace your car but worried that you won’t qualify for a loan?  Maybe your credit is less than perfect or you’re buying your first car and don’t have much of a credit history?  You can improve your chances for approval before you go car shopping just by doing a little extra planning!

First and foremost, have your down payment saved up well in advance.  The more that you can save, the better off you’ll be.  Not only will a potential lender look more favorably at a sizable down payment, but you’ll have a lower payment AND you’ll save money on interest.

Secondly, pull your credit reports and scores from all three credit bureaus ahead of time so that, regardless of which one your lender pulls, you’ll have already seen it and you’ll know what’s out there.  (If your credit score needs work and you have time to do so, work on it before you buy that car!)

And finally, shop around BEFORE you go to the dealership.  Check with your bank, savings & loan, or credit union first, then, check online for potential lenders.  There are so many really good options out there that you can’t afford not to compare offers, even if your credit is not perfect.  Don’t just automatically use the financing offered by the dealer unless it is better than what you can get on your own – remember, their lenders are working for them and not necessarily for you, so it pays to know your options before you ever set foot on that dealers’ lot.

So You Want to Buy a House

So you want to buy a house… you’ve decided that you can afford a mortgage, insurance, and the inevitable repair bills?  And it’s better to be building equity of your own than paying someone else’s mortgage, insurance, and repair bills like you do when you pay rent, right?

But, do you really know what it takes to buy your first house?  Have you really investigated anything other than looking at your “dream home” on the real estate websites?  If you’re like most first time home buyers, the answer to that question is a resounding “NO.”


The truth is, there’s a lot more to buying a house than just looking at homes, then going to the bank and getting the loan.  A. Lot. More.  In fact, getting your first house may very well be the hardest thing that you will ever do financially… you’ll find yourself digging for bits and pieces of your credit history, check stubs, tax returns, and so much more, just to get approved for the loan.  And you’ll need a lot more money than just the down payment that the bank asks for up front.  Trust me, it can be a long drawn out process, and you’re never really, really sure that it’s all going to go through until the moment when you finally sign all of the paperwork and they hand you the keys to your new home.  (And that, too, will happen eventually!)

So, what can you do up front, before you actually find the home, make the offer, and then go to the bank?  Well, first and foremost, if you’re thinking about buying a home, you need to start with your credit score. If your credit score is below 600, you’re going to have a hard time finding a mortgage lender who is willing to work with you, and if you do, you’ll likely pay a higher interest rate than if you start out with a credit score in the mid 600’s.

Don’t know your credit score?  Well, that’s the absolute first place to start anytime that you want any kind of credit, be it a mortgage loan, an auto loan, or even just a credit card.

Of course, there are lots of places where you can get your credit score for free these days, and most of them are really good, but sometimes to get your full credit report as often as you’ll want to while you’re in the process of buying a house, it’s better to pay for credit monitoring for a few months.  That way, you can keep a really good eye on your score, and if your score isn’t where it needs to be, you can check it frequently while you work on cleaning up your credit to get ready to buy the house of your dreams.


 

Five Ways to Improve Your Credit Score

Overcoming obstacles to improving your credit score is never as easy as it sounds, and honestly, there are no magic buttons that you can push that will cause your score to skyrocket over the course of a few days, weeks, or even months, but there are steps that you can take that will start you on the path to good credit sooner rather than later.


Here are our top five suggestions for getting started on the path to a better credit score:

  1. Pay your bills on time, every time. Your payment history makes up about 30% of your credit score, so even one late payment can seriously damage your credit score. And remember, it’s not just your credit cards that need to be paid on time. It’s also your mortgage, your car payment, your utility bills, your doctor bills, everything. So sit down every month, every week, or every time you get paid and pay your bills first. Then you can have that new outfit, or that extra night out, or whatever you’ve been craving… just make sure the bills are paid first.
  2. Pay attention to your credit card balances. Sure, it’s easy to tell yourself that you can put that vacation, or that new living room furniture, or even that new television on a credit card, but if that puts you over the 30% usage limit on the card (or on all your cards), then you could see your credit score suffer simply because you’re using too much of your “available credit.” So, do yourself a favor and use your credit responsibly. And in the event that you do have to use more than 30% of your available credit? Pay it down below that level as quickly as you can. Available credit is another 30% of your credit score. Use it wisely.
  3. Pay off any small balances on credit cards. For example, let’s say you have a couple of store credit cards with balances under $100.00, along with a couple of major credit cards, also with balances. Pay off the small store credit card balances first and then use those cards sparingly. Why? Because one of the items that is considered in credit score calculations is just how many of those small balances that you carry. So, the sooner you pay those off, the better it looks when your credit score is updated.
  4. Don’t try to get good debts removed from your credit report. By “good debts,” we mean those paid in full car loans, zero balance credit cards (don’t close the accounts), or even a paid in full mortgage. This illustrates that you have a good history of paying your bills on time, especially when it’s a long term commitment like a home or car loan, and looks attractive to the next lender that you may approach to buy that next car or that new home.
  5. Be careful of the number of credit inquiries you initiate. Although it’s not a huge part of your credit score, every time there is a “hard inquiry” on your credit report, it can and does affect your score for up to two years after the inquiry. So, if you’re shopping for credit cards, or a new car, or even a home, try to keep the number of credit inquiries at a minimum (and within a short time span, if possible). The easiest way to keep your credit inquiries to a minimum? Know your credit score and only apply for those credit cards and loans that fall within your credit scoring range. For example, don’t apply for a credit card that requires your credit score to be excellent if you know that your score is only fair. Instead, apply for a credit card that is specifically for fair credit – you’re more likely to be approved and you’ll only end up with the one credit inquiry.

Remember, when it comes to good credit, it’s a marathon, not a sprint, and time is the best cure that there is for a poor credit score.

 

Credit Report Changes Coming Soon!

Unpaid taxes, doctor bills, and old judgments keeping your credit score down?  Perhaps you have some erroneous data on your credit report that’s nearly impossible to get taken off?  Inasmuch as we all try to pay all of our bills on time, every time, there are times when information gets onto your credit report that may be inaccurate, outdated, or simply false. That may be about to change.

Through a settlement between the big three credit bureaus and 31 state attorneys general, the National Consumer Assistance Plan has several key pieces of the settlement that will come into play this year, including those that affect the reporting of authorized user accounts, medical debts, civil judgments, and tax liens.

How will that affect your credit report?

Most importantly, these changes should help reduce many of the credit report errors that keep individuals from qualifying for credit cards, car loans, mortgage loans, and even personal loans.  They may even help those who have been denied jobs based on the information contained in their credit reports.

Exactly what changes to credit reporting will we see?

  • First off, beginning July 1st, all civil judgement and public tax lien data that does not conform to the new reporting standards will be excluded by the three big credit bureaus.  In a nutshell, unless the data includes an individual’s name, address, and either a social security number or date of birth, it will be excluded from credit reports.  Further, this information must be physically verified every 90 days by making visits to courthouses.  Simply because of logistics and economics, the majority of civil judgments will likely be excluded after this date.  (If you have this type of information on your credit report, you may see a credit score increase of about 20 points.) Unfortunately, there is also a downside to this change.  Mortgage lenders may be forced to due more “due diligence,” and if so, prospective homeowners could face additional costs, red tape, and so forth when they are trying to get approved for financing.
  • Secondly, medical debts cannot be reported until 180 days after the date of delinquency.  This will protect you in the event that insurance payments are delayed due to verification issues, questions, etc.  And, once the bill is being paid or has been paid in full by insurance, any previously reported medical debt must be removed from credit reports.
  • And finally, authorized user data must include the full date of birth for any newly added user to all existing and new credit card accounts.

While not everyone will benefit from the credit bureaus’ commitment to cleaning up credit reporting, it will likely save most of us a lot of the stress that goes with trying to get inaccurate information off your credit report.

Considering Credit Repair?

Considering hiring someone to clean up your credit report?  Not sure whether you need a law firm or if you can do your own credit repair?  Don’t do anything until you download this Free E Book and Credit Consultation from Lexington Law!


Inside you’ll find tips for dealing with even the nastiest creditors, real life stories from people just like you and me… people who needed their credit reports cleaned up.  People who now own new cars, homes, and enjoy the benefits of good and even excellent credit scores.

Lexington Law also offers you a FREE consultation with a credit repair expert!  He (or she) will talk with you about your credit reports, your goals, and your options to help you decide if you can benefit from the services of the true professionals at Lexington Law.

Yes, there are some things that you can do yourself, but there are others that you simply cannot do on your own.  Unlike you and me, Lexington Law uses resources that are available only to the pros – in my case, there was an old $300 balance on an old account that had been sold, collected on (down to that final $300), and then withdrawn by the original creditor at the last minute… leaving a $300 black mark on my credit that nearly cost me the home that I’d been dreaming about buying for years.  Unfortunately, the account was so old that no one could figure out who I was supposed to pay… I’d been searching for two years prior to putting a contract on the house.  But then, the pros stepped in and within 24 hours, I was able to pay the balance off and clear the final hurdle before closing on my new home.

What about you?  Do you want to buy a house?  A new car?  Or maybe land that dream job?  If so, you need to make sure that your credit score won’t hold you back – download your Free E Book and Credit Consultation from Lexington Law today!


The Top Two Ways to Get a Fresh Start!

Need a fresh start on your credit but can’t qualify for a major credit card?

If you’ve had a severe financial setback, getting the credit that you need can be nearly impossible.  You know that you need to work on your credit score, but no one will give you credit… it’s a never ending circle.  You need credit to work on your credit score, but no one will give you credit, and every time you apply for a card and get rejected, it lowers your credit score a few more points!

How will you ever get the fresh start that you need to start rebuilding your credit?

Believe it or not, you can get that fresh start that you need, and it’s not nearly as hard as you think.  There are two ways that you can still get credit when it seems like no one will give you credit.  The first and probably most obvious way it to get a secured credit card.  Unlike conventional credit cards, you won’t be denied a secured credit card because you secure the credit card with a deposit of your own choosing, so you can make your credit “limit” whatever amount you want.  (I know, this is not the easy answer that you’re looking for, but trust me, it does work.)

Once you sign up for a secured credit card, you make the deposit, and then use the card just like a credit card to make purchases, and make regular payments on the balance.  The credit card company then reports your new credit limit, responsible usage and regular payment history to the credit bureaus every month.  In no time at all, you will begin to see the positive effect this will have on your credit score.

The other way that you can get a fresh start is by opening a Fingerhut Credit Account, which can actually be an unsecured account or, in the rare event that you don’t qualify, could be a special Fingerhut “fresh start” account.  I say that it can be one of the two because, even though nearly everyone qualifies for the first option, and open Fingerhut Credit Account, there are occasionally times when you may have to start with the second type of account.  Either way, opening an account with Fingerhut is truly one of the fastest ways to raise your credit score that I’ve ever seen.

Typically new customers start out with a credit limit of about $300.00 – use it responsibly, make your payments on time every time, and you should see your credit score begin to improve, and you’ll also be amazed at how quickly your credit limit may be increased, and you’ll love the special offers (6 months interest free, no payments for several months, the Fingerhut major purchase program, and more!)

Apply Now for Fingerhut Credit Account issued by WebBank

So, there you have it – the two best ways to improve your credit score quickly and almost painlessly!  All you have to do is pick one (or both) and get started!

What Can Credit Repair Do For You?

So you’ve worked hard to improve your credit score, you’ve paid your bills on time, kept your available credit at a manageable level, and you’re ready to buy your first home… but there are still a couple of things on your credit report that are holding you back… what can you do?

Believe it or not, there are millions and millions of people who have been in your shoes… something on their credit report could have prevented the purchase of their first home, their first brand new car, or even getting that perfect job… you know, the one that pays great, has all those benefits, the one that is just perfect for you.

So, how did they do it?  How did they manage to erase those unavoidable setbacks, those blatant inaccuracies, or even that identity theft damage from their credit reports?  Did they do it all themselves?

Chances are, the answer to your question is no.  The truth is, most people can’t clean up their credit reports on their own…it’s long, tedious, hard work, and even then, you may not be able to get the job done.

When it comes to your credit report, sometimes the best way to get the job done is to hire a professional.  Someone with years of experience in doing exactly what you need done… far faster than you could ever hope to do it yourself. That’s where the folks at Lexington Law come in.  These guys are seasoned professionals who have helped millions of people just like you and believe me, they get results!

Here’s just a little bit of what Lexington Law can do for you:

  • Help you to remove similar items on your credit reports including collections, late payments, charge offs, liens, bankruptcies, repossessions, foreclosures, and judgments. 
  • Intervene with creditors on your behalf to stop collections, remove inaccuracies, and clear up identity theft items.
  • Issue cease and desist letters as necessary to stop collections and clear up any identity theft issues.
  • Help you to analyze your credit score, monitor your report, and alert you to changes in your credit score.

So, are you ready to buy that new home?  Or that brand new car?  Maybe you’re looking for the perfect job… the one that requires good credit as a condition of employment?  Why wait a minute longer?  Contact the folks at Lexington Law today and get started on the path to a cleaner credit report! (The consultation is FREE!)

 


 

Get a FreshStart with Fingerhut!

Need a Fresh Start on Your Credit?

Let’s face it, the last few years have been tough.  Unemployment soared, wages stagnated, and with the rising cost of health insurance, goods and services, most of us just haven’t been able to keep up financially.  And as a result, many of us have had a few financial setbacks… maybe you’ve paid late a few times on your credit cards, maybe you lost your job and couldn’t make any payments at all for a period of time… whatever the reason your credit score has suffered, it’s time to start rebuilding your credit and you’re not sure where to start.

We’ve got just the place to get that Fresh Start that you’ve been waiting for!

Fingerhut!  That’s right, Fingerhut.  You remember Fingerhut.  Chances are, when you were growing up, your mother received Fingerhut Catalogs in the mail on a regular basis, and if you were like me, you loved to look at the Fingerhut Catalog, especially around Christmas time!  Not only did Fingerhut have neat things to buy, but lots of times, your Mom would order something and she’d get you that one special thing you wanted, too.  And then she’d pay on her order, a little bit at a time, until she had it all paid off.  And then, she’d get something else that she really wanted or needed around the house.

Times have changed!  Now, in addition to those wonderful Fingerhut Catalogs, you can also apply and shop online for the things you want or need at Fingerhut.com!  And, even better, Fingerhut carries all of the must-have, name brand merchandise that you (and your family) want but may not be able to afford right now.

But, what if your credit is less than perfect?

Especially if your credit is less than perfect, Fingerhut is exactly where you want to start.  Unlike a lot of other credit sites, Fingerhut actually works with those of us who don’t have the best credit to help us get back on track and improve our credit scores.  All you have to do is place your order, make a make your payments, and over time, your credit limit may be gradually increased, regular payments are reported to the credit bureaus, and your credit scores may begin to bounce back.  So, what about it?

Are you ready for a Fresh Start?

Apply for a Fingerhut Credit Account issued by WebBank . Get low monthly payments with no annual fees or overlimit fees. Shop from thousands of trusted brands.

Apply for your Fingerhut Credit Account issued by WebBank Today!

Christmas in July?

For the past couple of weeks, I’ve seen lots of Christmas in July advertising… there’s always a Christmas in July Sale going on at one store or another and there’s even a special Christmas in July week on one of my favorite channels.  But let me ask you this.  Are you ready for Christmas this year?  Even if it is only July, have you thought about how you will pay for Christmas this year?

If your credit is less than perfect, it’s actually time to start thinking about this year’s Christmas season.  Otherwise, December will roll around, and you won’t have the money saved to buy gifts!  And if you have bad credit, getting a last minute credit card set up for the holidays can be tough.  There is a better way!  Why not start planning for Christmas now, in July?  Then, when December rolls around, you’ll be all set!  Believe it or not, one of the best ways to start planning for this year’s Christmas is also one of the best ways to get a FreshStart on your credit!

That’s right, get a FreshStart on your credit AND get the credit you need, and it all starts with a Fingerhut Credit Account!

Setting up an account with Fingerhut has never been easier!  And, Fingerhut has a special program just for those of us with less than perfect credit.  You start out with a lower credit limit BUT if you make your payments on time, every time, they will re-evaluate your account regularly and chances are, your credit limit will increase over time. So why wait?  Get started with Fingerhut today and you’ll be ready to celebrate when Christmas in December rolls around!

Find out instantly if you’re pre-approved with Fingerhut Credit.

  • Shop over 630,000 items from great brands like Samsung, KitchenAid and Dewalt
  • Take advantage of low monthly payments1 with a WebBank/Fingerhut Credit Account
  • Fast, easy online application process and a quick decision
  • 1If you apply and are accepted for a Fingerhut Credit Account issued by WebBank , who determines eligibility and qualifications for the terms of credit

Apply for a Fingerhut Credit Account issued by WebBank .

Get low monthly payments with no annual fees or overlimit fees. Shop from thousands of trusted brands. Apply Today!