Tag: bad credit loans

When it’s Time to Cancel a Credit Card

From the time we start building credit in our late teens or early 20s, many of us start collecting credit cards. Those credit cards inevitably begin to pile up, quickly overtaking even the most robust wallet.   By the time you can hardly sit for the bulk of your billfold, the idea of canceling a […]

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How to Best Use Your Tax Refund to Pay Down Debt

Despite the fact that it starts out as our money in the first place, it’s all too easy to think of your tax refund as “bonus” money. Once you know that check or direct deposit is on its way, you may be tempted to start daydreaming of a new big screen or that oft-postponed family […]

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When to Consolidate Credit Card Debt

In the early days of the internet, getting an email was an event. The friendly little voice informed you that, “You’ve got mail!” and we hurried to click the icon and explore our digital deliveries. These days, the novelty of electronic mail has long since worn off, and checking your email tends to be about […]

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How to Determine the Cost of a Loan

In a perfect world, everyone would have the cash necessary to self-finance important purchases, and debt would be a thing of the past. Unfortunately, we live in the real world, where borrowing is often a necessary part of everyday financial life. With that being the case, it’s important to understand as much about the borrowing […]

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What to Look For in a Loan

If there’s one thing to be said about the modern world of consumer credit, it’s that the product options are abundant. While this is great for consumers looking for the best deal, sometimes there is such a thing as too many options (a dilemma quite familiar to anyone who has had the pleasure of waiting […]

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What Lenders Look for on Your Credit Report

At the point in history when lending occurred primarily within families and small communities, many borrowers likely knew their lender — and his or her spouse and children — by name. In those days, your personal creditworthiness likely depended as much on your reputation among your neighbors as it did on your actual financial status.

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Some Credit Cards Don’t Fall Under the CARD Act of 2009

In 2009, Congress passed the CARD Act (officially known as the Credit Card Accountability Responsibility and Disclosure Act of 2009) to protect consumers against excessive interest rates, fees and miscellaneous charges. The act prohibits credit card issuers from initiating fee traps, excessive interest rate hikes on existing balances that create consumer default or retroactive late […]

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Don’t Get Scammed by a Bad Credit Loan

Like many people these days, you may be trying hard to do the right thing and pay your bills, but find that you are struggling and your debt load keeps growing. You know that one missed payment will bring your house of cards crashing down and you don’t want that. In conjunction with this, perhaps […]

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5 Things That Can Prevent You From Owning a Home

If you’re in the market to buy a home, you’ve probably already started looking around, and you may have even found the home that you believe is the one you’re meant to buy. But what if some unforeseen surprises spring up, surprises that stop your home purchase deal in its tracks? What can possibly go […]

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Negotiating With Creditors: Do It Effectively

Negotiating your debt on your own is possible, but there are some basic rules you should follow for best results and to minimize the chances of your getting disorganized or even confused and frustrated during the process. If you are ready to contact your creditors or any collection agencies currently holding accounts of yours, take […]

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Credit Card Scams and Gimmicks to Avoid

With credit card issuers loosening their requirements for cardholders once again, consumers now have a number of choices available to them. At the same time, these issuers are offering a variety of gimmicky cards to attract people to their products. The problem is that many of these offers end up being scams, since with them […]

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Secrets to Saving Money

If you are looking for ways to make your money go further, you are not alone. No matter how much money you make, it is always a good idea to do things as inexpensively as possible, as you never know what can happen in the future. Many successful people were completely caught off guard when […]

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5 Easy Ways to Rebuild Your Credit After Bankruptcy

After filing bankruptcy, one of your main concerns should be repairing your credit. For some consumers, a bankruptcy filing can lead to a sense of hopelessness that can be difficult to escape. Once you come up with a firm credit repair plan, however, you can confidently begin the road back towards financial health. And with […]

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5 Ways to Protect Yourself From Online Scams

The Internet has brought the global marketplace right to our fingertips, making it easier than ever to purchase goods and services, do our personal banking, and donate money. Along with this technological convenience, however, also comes the dangers of getting scammed online. Providing unsecured websites with your personal information can put you at risk of […]

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Tips for Paying a Bad Credit Loan Off — on Time

In the current economic climate more and more people are being affected by growing debts. Many of these individuals are experiencing difficulty paying off these debts, and this unfortunately is making a bad situation worse, with penalties and fees only adding to the amount owed and consumers seeing their credit rating, which often is already […]

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5 Ways to Save on Your Mortgage

Buying real estate has always been one of the best ways to invest your money and build wealth and equity. However, along with home ownership frequently comes hefty mortgage payments that need to be made each and every month. A mortgage is often the biggest debt that a consumer will have in their lifetime. The […]

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Identity Theft: How to Fix This, Quickly

Identity theft can be emotionally and financially devastating, and it can take quite a bit of time to sort through everything once you are a victim of this crime. To prevent as much damage from happening as you can, there are steps you need to take immediately if you feel that your identity has been […]

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How Much Will a Bad Credit Score Cost You?

If you have bad credit, you have probably already noticed how difficult it makes it to acquire a loan from your average lender. Many lenders do not want anything to do with you unless your credit score reaches a certain level, and even then, you could end up paying high loan interest rates. The truth […]

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Credit Inquiries: The Difference Between Hard and Soft Inquiries

Many consumers understand that if multiple inquiries about their credit are made to the major credit reporting bureaus, that can have a negative impact on their credit rating. What many people are not aware of, however, is the fact that there are different types of credit inquiries. One type is not likely to produce an […]

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When Is the Right Time to Get a Mortgage Loan?

Applying for a mortgage loan is an important decision in a person’s life and is not something that should be taken lightly. Before you apply for a mortgage, make sure that you can afford the monthly payments. While your lender will look at your financial situation to help them decide whether or not they believe […]

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5 Things That Maintain a Good Credit Score

There are many things a consumer can do to help them maintain a good credit score. Here are five simple steps to keeping your credit in tip-top shape: 1. Know what a credit score entails. Knowing how a credit score is calculated is key. Your credit score is calculated based on five different things: your […]

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Why It’s Easier to Get a Car Loan With Bad Credit

Contrary to popular belief, getting a car loan is easy, and in some cases can be especially easy for people with bad credit. This type of loan allows consumers to pay their vehicle off in monthly installments instead of having to completely pay for it up front. For most people, a car loan is extremely […]

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Steps to Getting a Home Loan

Buying a house is a major investment, and with the high cost of homes around the country, it usually represents a major outlay of money for a consumer. Therefore, it should come as no surprise that, according to recent statistics, nine out of 10 homebuyers finance their purchase with a mortgage loan. If you are […]

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Credit Bureaus: Understand How They Affect You

Credit bureaus are agencies that research and collect consumers’ credit information. In the United States there are three primary credit reporting agencies: Experian, Equifax and TransUnion. Utilizing standard computations, these agencies collect information and tabulate it in a numerical equation that results in an individual’s credit score. It is important for you to understand not […]

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Why It’s Important for Your Credit to Pay Back Your Loan

Many reasons to apply for a loan exist, with the main one probably being that having this additional money simply allows you to make major purchases without saving up beforehand. Of course, loans eventually need to be paid back, and they generally come with predetermined repayment terms to which you must adhere. Failure to repay […]

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Why Bad Credit Doesn’t Mean You Can’t Get a Loan

Although having bad credit is never seen as a positive thing, it does not mean that you will be denied every loan for which you apply. There are plenty of options for those with bad credit, as long as you know where to look. Before you get discouraged about the state of your credit rating, […]

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Consolidating Your Student Loans

Student loans are considered the next “bubble” the American economy will have to grapple with. As tuition costs continue to climb, the amount of debt that graduating postsecondary students carry is also booming. Recent graduates are emerging with an average loan debt of $27,000. With a difficult job market and heavy average debt load, it […]

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Five Ways to Show Your Valentine You Love Them — on a Budget

Valentine’s Day is a wonderful opportunity for you to express some heartfelt sentiment to that special someone. And fortunately, despite what some people may think, showing your Valentine love does not require you to bust your budget. Furthermore, not only is it possible to successfully celebrate the holiday without wreaking havoc on your finances, but […]

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Beyond Banks: Other Places Your Credit Matters

Your credit score is a seemingly ethereal number that you likely only think of when you are considering acquiring a credit card or loan. Consumers rarely give much thought to their credit score beyond this sort of scenario. What many people do not understand, however, is how vital maintaining a good credit score is for […]

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How to Get a Personal Loan Despite Bad Credit

If you have any awareness of pirate movies then you know that being marked with the black spot is akin to a death sentence or, at the very least, leads to a really lonely time on a deserted island. Bad credit can work much like the aforementioned black mark when lenders and financial institutions, government […]

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Winter Expenses: Getting a Quick Loan for the Season

The holiday season can be extremely expensive, especially if you have a large family for which to buy presents. As a result, the holidays can be overwhelming for some people as they attempt to come up with enough money to pay for everything that they need. If you find yourself lacking the money needed to […]

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How Your Credit Score Is Calculated

These days, having a good credit score is key to gaining access to all kinds of things. Because of this, of course, it behooves you to do whatever you can to get your score up as high as possible. And learning exactly how a credit score is calculated is important if you want to know […]

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Credit Diversity: How Much Does It Really Matter?

Credit diversity. What is it? Does it really matter? I know, you’re probably thinking, “Credit is credit … right?” The truth, however, is a little more complicated than that. There are actually many different types of credit, and in order to have a higher credit score and get lower interest rates on loans, you need […]

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Small Budget Changes to Help You Organize Your Finances

It stands to reason that small changes in your lifestyle can lead to greater rewards. Think about the impact of a small gesture. Saying hello politely to someone can open the door to a healthier, happier day. Now, say hello to your finances in the same way and see what kind of happiness you can […]

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At Stake in the Show Me State: The Availability of Installment Loans?

Earlier this week, the Missouri Supreme Court issued a ruling paving the way for Missouri residents to be able to make a decision with their vote this coming November regarding the long-running issue of small consumer loans and the interest that can be charged on them in the state. This ruling came in response to […]

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New Report Highlights Popularity of Payday Loans

It’s no mystery that plenty of people around the country use payday loans to help them get through tough times and deal with urgent financial emergencies. But just how many people are we really talking about? Furthermore, what kind of people are they? Are there any characteristics that can be pointed to as being ones […]

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Credit Bureaus Face Increased Governmental Scrutiny

These days, most everyone probably is familiar with credit bureaus and knows about the big three: Equifax, Experian and TransUnion. If you’ve ever tried to get a loan from a bank or credit union, ever attempted to acquire a credit card, or even just applied for a job recently, most likely you’ve had to submit […]

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A Quick Lesson in How Bad Credit Loans Can Save You Money

From time to time, we here at Bad Credit Loans like to remind consumers of the various ways in which the loans offered by our affiliated lenders can be put to use to help people get out of a financial bind and save money at the same time. It’s true, of course, that a bad […]

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Donating Dollars to Help a Local Cause

We at Bad Credit Loans have always believed in helping those in need. This not only means individuals who are facing financial emergencies, but also nonprofit organizations that are trying to make the world a better place. We’ve also always believed in the importance of giving back to the local community, which in our case […]

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Hello to Our Readers

As the inaugural post of our new blog: Welcome! We want to keep all the users of our site updated on the many goings on with our company. From exciting local events in and around our Seattle HQ to the latest on the payday lending industry nationwide, you can always expect to leave our blog […]

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