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Posts Tagged ‘Credit’

Have you found yourself being sued by a credit card company? A few years ago I had this unfortunate thing happen to my family and I. It was an extremely stressful period of time for us. I felt like I already had too much on my plate before I was served with the lawsuit. Now looking back on that time I realize that some of the reason that it was so hard was the fact that I had no idea how to defend myself. For the average consumer, it is important to understand the motivation of who is suing you. When being sued by a credit card company, you can be almost positive that the motivation is to get as much money for the company as possible. There are some exceptions to the rule when you are dealing with creditors like Citibank, who sue at the drop of a hat. As long as you are not dealing with a creditor that acts like Citibank, it can be fairly simple to avoid being sued. Ironically, some consumers try to send their creditors cease and desist letters. This is a terrible mistake because as Read More

It is important to save money at all times, and one of these crucial times would be when you are refinancing a current mortgage or trying to build equity on your home. Mortgage lender fees can sometimes be so high they would offset any money saved from the refinance. To avoid this pitfall, here are some helpful tips. Usually, mortgage lenders are fond of stacking up fees. If you do not manage things carefully, you could stand to lose thousands of dollars in unnecessary fees. It is necessary you look for the best mortgage refinancing deal – brokers and lenders can easily cheat you out of all that hard-earned money. Total Every Charge In The Final Bill You need to make sure your ducks are in a row by having your lender give you the most accurate estimate of what you have to pay. The annual percentage rate, or APR, would be helpful when calculating the interest rate, closing costs and all other payables. This annual percentage rate, or APR, needs to be factored in also when Read More