Bankruptcy Repair? Here's What You Need To Know!

By Mark Allan

For those who have had to declare bankruptcy, you already know that this is one of the most damaging marks that you can have on your credit report. Many creditors consider it a "deal-breaker" when considering credit applications.

Chapter 7 and 13 are the most common types of filed bankruptcies. Chapter 7 stays displayed for creditors to see for 10 years, no questions asked. Chapter 10 is a little more forgiving. It shows for 10 years however, it can be removed after only 7 years.

Whichever way the bankruptcy has been filed, it's obvious that it will stay on your record for an extremely long time. This is why a person should consider getting some repair for their credit after filing bankruptcy.

Regardless of how flawless your credit may be, if it shows that you have gone bankrupt, it's going to show up, and turn off different companies. If you ever want to have a decent credit score again, you will need to collect information on different ways to repair your bankruptcy.

When attempting bankruptcy repair on your credit history, you will want to engage the services of someone who specializes in this area. Often, you will find some of the top experts who can help you are lawyers that represent clients who go through bankruptcy proceedings.

Even though it's hard to get rid of the bankruptcy information from your profile, there are companies that can help you succeed in doing this. Often times, this information can be updated, which will add an explanation which can be included throughout your report.

There are legal firms that also work with repairing clients' credit along with agencies that are listed through the yellow pages and over the internet that will help with bankruptcy. Many agencies and firms will even provide your first appointment to be free.

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Payday Loans-The Shocking Truth About Them

By Jacob Williams

Recent research has indicated that most people acquire their good and bad habits at an early age. Hence, if you wish to become a responsible individual, you want to learn the right things immediately and begin to be responsible now! You must learn how to deal with money, this is a really important task, it is so easy to get in to the habit to spend more than what you really earn. If you do get in to the habit of spending more than you make, then it will cause you a lot of troubles in the future. It may cause you to consider a payday loan, this is emphatically not the better alternative for you to take and is not a really good alternative because this is considered one of the risky solutions available to over spenders

Payday loans can be a good solution for people who want money when a imperative situation develops. But before you apply for a payday loan, you need to weigh up the risks, you do not need to be caught up in a debt trap that can only worsen your current situation.

There are decided disadvantages in applying for payday loans. One really plain reason is the high cost. The annual interests can reach 400 to 800%. With this rate, it would be even much better to invest on high risk stocks because you can enjoy investment returns from 20 to 30%.

Always try to budget you money with appropriate fiscal planning. If you do not, then you will often resort to borrowing money. It is better that at the start of every month you set a realistic monthly budget, this is so that you can already balance out your pay and outlays. Make sure if at all practicable that you keep a portion of your salary for that unpredicted bill or emergency, this way your savings will stop you having to apply for a payday loan. There are many counseling agencies that can help you out in preparing your monthly budget and best of all most of these are free.

Suppose you ended up borrowing money and now you have a creditor. Some people will tend to borrow once again from someone else or in all probability apply for payday loans in order to pay the creditors. This is not good and it would be best to talk to your creditors and ask if they can wait until your next paycheck. You can save a lot on the interest if you follow this advice

Any payments that are urgent can be made through your credit cards. This is a far better alternative than taking out a payday loan, as the interest is a great deal lower. If you do not have a credit card, then consider speaking to your employer and asking for a cash advance, be open and genuine and you will find ordinarily that you employer will be very understanding.

If things are that bad, do not go for payday loan yet. You could always ask your friends or relatives if they can loan you some money and tell them exactly when and how long it will take you to pay them back. As long as you do pay them back on time, they will invariably help you out in the future.

There are also community social services that give urgent fiscal aid to those who need it. You can ask if you are qualified to get such help.

Thus there you have it; you just have to know your other choices before you plunge into applying for a payday loan. Payday loans have good sides too but the disadvantages are so obvious and as long as you can avoid it, try to do so. Just apply for one when you have exhausted all the other choices.

About the Author:

Jacob Williams is a personal finance adviser, with 30 years of knowledge in the finance industry. For further Free information on Payday Loans try visiting Online Payday Loans or No Fax Payday Loans....

Rush Card - Review

By Dan Moskel

This card was created by co founder of Def Jam record label, Russell Simmons. This is a prepaid card and is issued as the rush card or you can get a baby phat rush card.

This is how the rush card works; you deposit money into your card/account, then you use your card to make purchases, money is taken out of your account to pay for those purchases. This card does offer guaranteed approval.

There is no credit check or chex systems verification. You can have a card issued to you in black or in pink.

This card does give you free direct deposit. To use this you will only have to fill out a form and turn it into your employers' payroll department.

Your paychecks are then directly deposited into your rush account/card. You will still get the details from your employer. It will show the amount of your deposit and taxes and hours worked.

This card can be used at ATM's over 800,000 locations throughout the world. In addition you get free online account access.

You card can be used to make purchases over the phone and online. In addition your rush card allows you to write physical paper checks.

To do this you simply go online and fill in the payees details. This includes address, name, and amount of payment.

Then hit send and a paper check will be sent to the individual. The is a good method to use when paying your monthly bills, because you will not have to pay for money orders.

With this service and direct deposit you will also save money by not having to pay for check cashing fees.

However, we do not recommend the rush card. This is because of the number of fees they have that other prepaid cards do not carry.

An example of these fees is the convenience fee the rush card has. With this fee you are charged every time you use your card.

The convenience fee is $1.00 with a monthly maximum of $10.00. However you will be charged a convenience fee for every purchase you make in a month.

You will have to wait till the end of the month and full calendar month later to have your extra charges refunded to your account.

This can work out to you waiting almost a full two months before you are refunded for your extra charges. This is insane, furthermore who only uses their card ten times in a month?

I don't know how they get away with charging these fees it seems unfathomable. In addition making their card holders wait so long before being reimbursed.

Also to use bill payment you must enroll which is $2.00 then every check you write is another $1.00. There are other prepaid credit cards that offer free bill pay and no fees.

The rush card proudly says there are no hidden fees with their card. However they have more fees than any other card we have reviewed. They carry a fee with every transaction you make with your card.

In sum, stay away from the rush card. There are many other prepaid credit cards available that have lower fees and better benefits.

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Instead we suggest the account now visa they offer free activation, free direct deposit, free credit builder & free bill pay. We also suggest the all access visa to read a review visit us.