Five tips to help raise credit scores

The higher your credit scores, the better shot you have of getting a loan or credit card application approved. Improving your credit scores takes time, but it can be done.

Start by getting free copies of your three major credit reports at the government-authorized site annualcreditreport.com.

1. Check your reports for accuracy. Financial columnist Liz Weston, author of "Your Credit Score," says to look for credit cards or other accounts that aren't yours, negative entries that are more than seven years old, duplicate past-due items and incorrect Social Security number or date of birth.

2. Dispute errors. Credit bureaus are required by law to investigate mistakes you bring to their attention and report back to you. Typically, they ask the creditor that reported the past-due information to check its records. If the creditor can't verify the info or doesn't respond, the item should be deleted.

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Man Pick-Pockets Pastor's Church Credit Card

Edmond police said they are looking for a man who pick-pocketed a pastor and then went on a $1,000 shopping spree.

The theft happened on May 22 at 3 p.m. at the Crest Foods grocery store at 2200 W. 15th St., according to the Edmond police report released on Thursday.
As the pastor was loading groceries into his vehicle, he told police that someone must have pick-pocketed him in the parking lot.

The pastor told police he didn't realize the theft had happened until his credit card company called him about charges put on the church's credit card.

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Secured Credit Cards Explained

Most people face two problems when deciding whether or not to get a Secured Credit Card are first, not knowing how to choose one, and two, getting the money to secure a credit card. We'll talk about both of those here.

A lot of people believe that it will be expensive to get a secured credit card, but the truth is you can find secured credit cards that have a secured amount as low as two or three hundred dollars. Keep in mind, that when you receive the card you'll be able to use it right away, so even if you can't afford to spend $300, and you want to use it for expenses, you can do that, after the card arrives. Just remember, to pay it off at the end of the month if you use it to pay your bills.

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Secured Credit Cards With No Annual Fee?

Hunting for a secured credit card is only hard if you make it that way. If you have already done the search for one, you're going to find that many of them have fees. The fees are going to vary, depending on the bank that you're going to apply with.

What kind of fees am I going to see?

• The application fee: Some banks want to get everything out of you. This is where they will charge you just to process your application.
• Monthly fees: You will get charged each month that you use your card.
• Annual fee: You're going to be charged each year to use the card, no matter how often that you use it. As long as it's active, you're going to have to pay it.
• Misc fees: You're going to have your typical fees such as your over the limit fees and more. You're going to have to look at the application to get more information.

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Secured Credit Cards - the Basic Facts

Credit card is a part and parcel of modern life. The credit card offers us the ease and simplicity to spend money without carrying cash, is versatile and handy to use and provides us the means to establish and recreate our credit rating. The secured credit cards are however, not without its disadvantages, the main one being high interest rates charged on it.

How would you rate your capacity to purchase a home or the car you want or the loan you simply need? How significant is it for you to have a good credit rating? In order to establish and spruce up your credit score, the best possible option is to have a secured credit card.

A secured credit card for bad credit is in effect the opportunity to regain a sound financial position.

Due to the easy accessibility of credit reports through well-established credit bureaus today, credit issuers rely increasingly on these reports to make their final decision on providing you credit. A credit card is often denied to you when you do not have a credit history. This is often in the case of the young adults who have never taken out a loan or have so far used a credit card through a parent. It can also occur in the case of divorced people who have never had a credit card in their name.

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Secured Credit Card - A Great Way to Get Started

Everyone is sure looking forward to get hold of his very first credit card. Having your own tiny piece of plastic that can 'make the world go round', as many would call it, could be a very exciting thought. Probably, but before signing up for one, you should make sure you have understood all the responsibilities that comes with it. There are so many forms of credit cards out there, not to mention the many institutions that offer the service. A little research about the different types of credit before jumping in the bandwagon could benefit you greatly. As you acquaint yourself with the world of credit, many would advise you to get a Secured Credit Card before going for any regular credit line.

What is a Secured Credit Card?

Just like other cards, a secured credit card is also a credit instrument issued by the same financial institutions that offer other forms of credit. It is also tied to specific terms that you have to agree on upon signing up, interest rates also apply to it, with minimum amount due in every billing cycle and is established with a specific credit limit. However, unlike most cards, a secured credit card is backed by collateral in the form of funds deposited in a savings or checking account and managed by the card issuer.

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How Can Secured Credit Cards Help Me?

Are you searching for a credit line to resolve your monetary worries, but, you do not have a credit history to back you up? Then worry no more, because secured credit cards could help you clear up your financial woes without the requirement for a credible credit history. But wait, how do their offers work? What are some essential considerations when looking for a secured credit card? The answers will be provided below.

What are Secured Credit Cards?

A secured credit card as was mentioned above is a good option for a person who wants to build his or her own credit history. A lot of people use these cards with the intention to prove their capacity for managing their credit and finances so that eventually they could have a good credit score that will help them be entitled to standard or non-secured credit cards.

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