By Claudette Pendleton
A Beacon score is just another name for FICO score or credit score. Equifax, which is one of the largest consumer credit scoring agencies, advertises the FICO score (credit score) under the term of Beacon. <img src="http://cdn-write.demandstudios.com/upload//4000/500/70/9/104579.jpg"> The Beacon score is determined according to how a consumer makes his payments on various credit ...
By Amy Jorgensen
Consumers who can no longer manage their debt and decide bankruptcy is the appropriate course of action have two options in the United States: Chapter 7 and Chapter 13. The Chapter 7 bankruptcy discharges all debts and essentially wipes the slate clean for the consumer. However, not everyone is eligible for Chapter 7 bankruptcy under the 2005 changes in the law. Other people do not want to...
By Christina Hamlett
Life can sometimes throw you a curve ball. Maybe it's an emergency car repair, a leaky roof or the pricey enrollment fee for your child to attend tutoring classes. If you find that you've run out of money at the end of the month, you may need to get a personal loan to float you through the crisis. If friends and family members aren't an option for some quick cash, here's an...
By Robin Hewitt
If your credit score is 600, you are borderline, and although you might be able to obtain a credit card or loan, you will most likely pay the highest interest rates or need a cosigner. By raising your score into the 700 range, you will guarantee qualification as well as obtaining the best rates available. To raise your credit score you must be aware of what is affecting your rating. Obtain a...
By TimM
Many people have piled up debt at some point, either through credit cards, cash advances or some other means. But, unless you have a top-notch credit score, it is very hard to obtain a loan for a car or a house in today's market, or even get approved for a credit line. However, there is another way to borrow money without the hassle of credit checks. you can borrow against your 401(k)...
By Angela
Saving money cannot be accomplished impulsively. It takes planning, commitment and a few minor adjustments to your everyday activities.
When you add up all of the small impulsive buys, "value" lunches and weekly outings, the money spent on unnecessary extras each month really adds up.
Streamlining your spending habits in an effort to save money does not mean that you should stop...
By Maurcia Houck
The "American Dream" of home ownership becomes a major burden when people either overextend themselves, lose their income or both--often resulting in their being unable to make mortgage payments. When that happens, foreclosure is often inevitable. A foreclosure house is one that is being foreclosed upon and taken back by the lender. We all know that foreclosure means losing your home,...
By Susan Sosbe
Owning credit cards makes it very easy to find yourself in over your head in debt. Since credit cards allow you to purchase items without having to pay for them right away, even small purchases can quickly add up and get out of control. Once you find yourself knee-deep in debt, it may end up turning into a vicious cycle. You may use grocery money to pay your credit card bill, but then you're...