September 01, 2008
Horizon Gold Card Credit Card Offer
Horizon Gold Card gives Credit for Bad Ratings
Got Bad Credit? Need a credit card?
Your options are limited but thankfully the Horizon Gold Card provides relief to you
 Apply Now - Horizon Gold Card Offer |
- Guaranteed Approval! - Bad Credit Accepted! - No Employment Check! - Reports to Major Bureau! |
The Horizon Gold Credit Card is an unsecured line of credit that counts toward improving your credit score.
You heard that right!
The Horizon Gold Card offers instant approval on an unsecured line of credit to those with bad credit!
Have you ever come into some money and found a great trip to say St. Lucia on United online and you couldn’t purchase it because of your bad credit? You didn’t have a credit card to book the trip and you miss out on the online savings because of that stinking bad credit rating you have.
Well, that really sucks… Ok, maybe it wasn’t a trip, perhaps you missed out on the opportunity to buy a really cool digital camera such as a CoolPix 7.1 MP with 2GB card and free pouch offer, again because you didn’t have a credit card! And once again, that sucks big time.
Now if you have bad credit, the big banks are not likely going to give you a credit card but that’s where you can take relief in knowing that the Horizon Gold Card is designed specifically for people in your position. The Horizon Gold Credit Card allows you to purchase stuff on the internet again while building up your bad credit rating.
January 11, 2008
Continental Finance MasterCard
The Continental Finance MasterCard® is here to help you if you have been denied credit because of a bad credit score there is a second chance. Early I recommended a prepaid card offer but if you want and unsecured credit card to help restore your credit then you should consider applying for the Continental Finance MasterCard® to help get your credit back on track.
The Continental Finance credit card gives you semi-annual credit line increases, it reports to the major credit bureaus and best of all you will instantly know if you qualify for the card based on your answers to the questions in their application form. Remember to get an accurate answer, you need to honestly answer the questions they ask.
When you apply for the Continental credit card you will notice there are fees associated with this card. The fees are necessary in order to protect Continental Finance from those that don't pay their credit cards. The nature of credit cards for people with bad credit represents a risk to the lender and to protect themselves from losses by those that don't pay they must recover their costs via the fees.
Bad credit doesn't last forever so use this opportunity to get a card such as this to restore your credit and then apply for credit cards for those with good to excellent credit to avoid paying the fees.
Posted by Colin at 10:19 PM | Permalink | Comments (0) | TrackBacks (0)December 10, 2007
Federal Reserve Consumer Protection Initiatives
The Federal Reserve Bank is currently researching ways in which to provide much needed relief for the sub-prime housing crisis that is tearing apart consumers particularly in the mid-west states where job losses are occurring very heavily, mainly due to lay-offs in the auto manufacturing industry.
In the coming weeks, the Federal Reserve will be proposing new regulations in advertising financial offers such as credit cards and mortgages particularly in regards to disclosures. The Federal Reserve will be looking into how to outlaw unfair or deceptive advertising practices deployed by the financial sector.
Here is a break-down of what the Federal Reserve has been and will be doing to protect consumers from unscrupulous lenders that prey on people who are less informed.
1. Coordinated enforcement of consumer protection laws
The Federal Reserve has been involved in researching, monitoring and examining subprime credit card and mortgage lenders through a cooperative initiative with individual state regulators. The Federal Reserve is continually reviewing consumer protection laws for compliance as well as review the terms by which subprime lenders grant loans to consumers.
This is an excellent initiative by the Federal Reserve because the end result will be fewer bad loans being issued.
If you are a sub-prime consumer, on the surface this may sound bad, however it is a good thing because you will not end up in a situation where you have a line of credit which you can’t afford to repay. You are much better off getting rejected for credit than having to try to pay for a loan that you simply can’t afford.
2. Loss mitigation efforts
The Federal Reserve is working with lenders to set guidelines for restructuring loans that are in delinquent and could be facing foreclosure and keep the consumer in their home while providing the lender ongoing recovery of the loan.
Note: If your mortgage is up for renewal soon, you may want to take a proactive stance and call your bank as soon as possible to negotiate your options in order to stay in your home. There is legislation in place to help you keep your home a prevent bankruptcy.
3. Consumer protection regulations
The Federal Reserve will use it’s authority under HOEPA (The Home Ownership and Equity Protection Act) to devise rules and regulations to prevent unfair or deceptive advertising practices particularly to the subprime market.
While it’s nice that the Federal Reserve is looking out for you, it’s best to educate yourself and take responsibility for your choices. If you start learning about finances right now and avoid taking on too much debt you are going to live a much happier life.
Having a house that you can’t afford is far worse than renting an apartment that you can afford. Live within your means, by that, I mean spend less than what you make and all will be fine. Go outside what you can afford and you will know stress far beyond what you ever care to experience.
December 03, 2007
Credit Card Confusion Elimination Legislation
Consumers can rejoice in legislation that is coming thanks to Sen. Ron Wyden proposing The Credit Card Safety Star Act of 2007
The essence of what the Credit Card Safety Act is attempting to achieve for consumers is a 5 star credit card safety rating system, which will provide consumers with a standard of what credit card issuers deploy sneaky tricks and which ones create obscure card offers that confuse consumers into paying higher interest charges and usage fees.
One problem creating confusion with credit card applicants are items such as variable rate interest as well as varying fees. Quite often, especially for those new to holding a credit card, the variable rates are a bit confusing. Consumers are lured into a card offer via a low annual APR and then are charged incredibly high ongoing rates.
The problem arises because people simply don’t read the terms and conditions, the fine print, to see exactly what they are agreeing to. The terms and conditions are usually very long and make for a difficult read due to the industry jargon.
I hope with all my heart that the Credit Card Safety Star Act is implemented as it will at the very least serve as a caution to read the terms and conditions in detail before agreeing to any credit card offer.
Regardless of what happens, consumers must take the onus on themselves and thoroughly read the credit card agreement they are signing. This piece of advice should be taken seriously for any financial agreement you are signing whether it be for a credit card, loan or even a cell phone plan.
You are signing a legally binding agreement to pay a certain amount of money and you will be held to the agreement through to the expiration date so take heed my warning and read the fine print on everything requiring you to pay for any product or service
October 11, 2007
Orchard Bank $500 Line MasterCard Review
Information about the Orchard Bank $500 Line MasterCard
• All offers come with an initial $500 credit line
• Automatic account reviews to increase your credit line
• Your choice of payment due date to fit your lifestyle
• Flexible payment options and free standard online bill pay
• 100% Fraud Liability Protection
If you have bad credit and want an unsecured line of credit then you must check out this offer from Orchard Bank. An unsecured line of credit for people with bad credit is a rare opportunity.
If you want to enjoy the perks of having good credit then use the $500 Line MasterCard from Orchard Bank to increase your credit score.
An offer like this likely won't be available for long so make sure you apply today and start working on your credit repair.
Posted by Colin at 02:44 PM | Permalink | Comments (0) | TrackBacks (0)