Profiting from Credit Card Gimmicks
2009-05-29 by Lee

Every company has a marketing gimmick up their sleeve. Cash back offers, free airline miles, and gas rebates are only the tip of the iceberg. The credit card industry spends more per customer than any other industry; it is a highly competitive industry that wants to give you money and take even mo...

HELOC as a Substitute for a Reverse Mortgage
2009-05-27 by Lee

Reverse mortgages are becoming more difficult to obtain, as the real estate market cools and the baby-boomer generation looks to retirement. With the credit market feeling pressure from defaults, a HELOC may be a good substitute for a reverse mortgage by giving you the funds you need now.

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Understanding HELOC Payment Risks
2009-05-19 by Lee

Home equity lines of credit (HELOC) are an overall sound way to borrow money, but they can be very deceptive. Monthly payments can be grossly understated to inexperienced borrowers, causing the cost of borrowing to appear very cheap. If you are considering a HELOC, there are several elements you w...

5 Guaranteed Steps to Bad Credit
2009-05-17 by Lee

Developing bad credit is easy, while maintaining good credit is significantly harder. Your credit cards and the credit bureaus tend to be quite unforgiving, and if you engage in any of these five actions, then you will most likely suffer from bad credit. The key to maintaining good credit is to av...