Getting A Credit Card Besides A Bad Credit What Do I Do When My Phone Card Expires How To Get Affordable Low Cost Health Insurance How A Home Equity Line Of Credit Can Fulfill Your Dreams If You Want The Safety Net That Redundancy Insurance Can Give Then Make Sure You Understand It

People with a bad credit history will find it difficult to get a new credit card. Nevertheless, they can still obtain a credit card in spite of a bad credit by following these steps.


Make a credit card application on small retailer stores. These companies are still willing to gamble on people with bad credit history. When they accept your application, you should purchase only on small amounts using your credit card. Pay your minimum expenses every month within the specified time. It will save you from paying higher interest’s charges. Late payments will negatively affect your credit rating. Never go over the 30-day period limit before paying.

2. Go to a bank, credit union, or savings institution where you do most of your business transactions. They have your business, so they may also give you a chance to get a particular credit card.

3. If you failed on the first and second step, then it is much better for you to choose a secured credit card. A secured credit card is requiring the holder to open a savings account and maintain it. It will serve as a security on your credit lines. Whatever amount of money you have deposited on your account, some of its percentage will be allocated to your credit lines.

4. If you owned several credit cards, reduce its number as much as possible. Inform your creditors and request them to close your credit card accounts. Immediately report this change to other credit card reporting agencies.

5. Avoid tax liens and collections, and bankruptcies. A lien means not paying the federal or state taxes, or taxes on property. Remember, bankruptcies will stay on the credit card report for a maximum of ten years. The tax liens which are already paid and collection accounts remain for seven years. Tax liens which are not paid will forever haunt you.

6. Write a request letter to your creditors asking to reduce the limits of your credits in your accounts. It will help you lower the amount of your available credits. Keep in mind that available credit amounts are still considered by issuers.

7. Ask a family member or a friend to be your co-signer on your credit card application. Select someone who has a good credit history. It will help you a lot. In case you are not able to pay the loan, your co-signer will. However, it will also affect their good credit rating.

There are available clinic on credit-repair as well agencies on consumer credit that are ready to arrange and restructure payment plans. But still, skipped and smaller payments will be always accounted against you, even if the plan was accepted by the creditor. You can be charged by these clinics as higher as 2,000 dollars for restructuring your payments and cover any administrative fees. But some CCAs can arrange it for you free of charge.

8. Always obtain the credit card report copy every year. Review for any errors done and report it immediately to the authorized body. If the remarks posted on your file are true, then make sure to write a brief letter explaining about the negative remarks written in your file. You could do this especially if you are planning to rent a home or a house.

Even if there is a solution to a bad credit history, it is still better if you build a good history credit. No hassles, no headaches, and no drawbacks.

Isn’t it really disappointing and frustrating when your phone card expires and you still have heaps of minutes left on it? You feel like you’ve been conned.

There is a secret way around this!

Phone card suppliers make a significant portion of their profit from the unused minutes on a card when it expires. With some phone card suppliers this is the only profit they make because call rates are so competitive these days!

Phone cards have all sorts of different life spans. Some last as much as 12 months for example the Telstra Say G’Day phone card. Others can be as short as 30 days. The vast majority have an expiry date of between 2 – 4 months after the phone card is first used.

So what do you do when you have used the phone card once and now it has expired? Here’s a secret tip that no one wants you to know – recharge it.

You can recharge your phone card or add a little extra money to it. You do this by calling customer service, giving them your PIN number and asking them to add $1 or $2 dollars to your phone card.

When you recharge a phone card the life of the card starts again. So if it was initially 3 months and you recharge it the phone card will last for another 3 months. For example, if you bought a $50 phone card and it had $35 left but it expired then recharge or add another $2 making $37. This will then give you another 3 months to use your $37.

There is no minimum amount you need to recharge a phone card – so just ask for a small amount to recharge or top it up and you can then use all the minutes you have including the ones that were lost before the recharge.

This is the way to get your phone card activated again and get your lost minutes back!

There are several ways you can obtain affordable, low cost health insurance. If you’re employed, your employer may offer a group health insurance plan for employees. Married individuals can usually opt to be covered under their spouses’ health insurance – their children can be covered, too. If you belong to a club or organization, you may be able to take advantage of group medical benefits offered by the club or organization. Of course, you may be able to afford an individual health insurance plan.

However, if none of these apply to you, and purchasing an individual health insurance plan isn’t a financial option, perhaps it’s time to contact your state’s department of insurance. Most state’s in America offer some sort of medical benefits package to residents who can’t otherwise afford an affordable, low cost health insurance plan. Or, perhaps you can afford to purchase an individual health insurance plan, but are continually denied coverage due to a pre-existing health condition. Some states also offer health insurance plans for individuals in this situation, too.

Each state sets forth its own criteria for state-sponsored health care coverage eligibility. You may need to meet certain financial requirements, i.e., not make enough money to be considered able to purchase your own health insurance plan. You may need to have a certain number of individuals in your household, or you may need to have a certain number of dependents. If you’re looking into a state-sponsored health care program because you haven’t had success finding an independent health insurance plan due to a pre-existing health condition, you may need to show proof of a certain number of attempts before your state considers you eligible.

Remember, regardless of whether you’re eligible for affordable, low cost health insurance from your state’s health care program, your child or children may be eligible. Always find out your state’s criteria for children eligibility, and make sure your children have adequate health coverage.

If you have lived in your home for a number of years, then you have had time to have built up some equity in your home. By making regular payments on your mortgage, and having an increase in the value of your home over those years, the equity increases – especially if you have kept the house in good working order and appearance. Through a home equity line of credit you can get access to your equity and use it to fulfill some of your dreams. Here is how you can go about it.

Although there is more than one way to get access to your equity, a home equity line of credit, often referred to as a HELOC, may be your best option. One reason is that you have access to the money in equity, but you do not pay interest on it until you actually draw it out and use it. Initially, when you apply, you are given a credit limit that sets the amount of cash you can get. You are then given access to the money through a credit card or checking account.

A time limit is also set in which you can draw the cash out of the account. This means that you can only use the cash in your home equity line of credit for a limited time – which could be up to 11 years.

The interest that you are paying during the draw period is calculated on a daily basis (usually). The overall time length including both the draw period and the payment period are usually calculated on a 30-year time frame. As you draw money out, you are only paying the interest on the amount used.

A HELOC can work best for you if you have a number of projects that you have the money for, but do not know exactly how much you will need. You can use the money to take that vacation or cruise you have always wanted – to Bermuda, Alaska, Europe, or wherever, to make renovations or additions to your home, to pay for college, buy a car, debt consolidation, or to cover some medical expenses – you decide.

You do need to know about how repayment will take place. Some lenders will require a single balloon payment to be made for the whole amount at the end of the draw period. This will mean that you need to refinance it. Others will simply figure out how much cash you used and then calculate your payments for the payment period – which, in most cases, will fully amortize the home equity line of credit mortgage.

HELOC’s often have no closing costs. You do, however, need to find out about the margin that is a percentage of interest above the APR. It is permanent and could double your interest on the loan. Shop around for the best deals and compare the fees, interest rates, time for repayment, and other features. Then – enjoy your equity, and your dreams.

If you want to take out insurance against being made redundant then you have to understand the product and what it is capable of doing. Redundancy cover can give you an income to make sure that you can continue servicing your loan and mortgage repayments along with covering your essential outgoings, but it is imperative that you do understand the terms and conditions in a policy before buying.

Redundancy cover can be taken out as mortgage payment protection, income protection and loan payment protection and it can give great peace of mind. All policies will start to pay you after you have been out of work for a pre-defined time. This is generally between 31 days and 90 days after the event and would then continue to give you a tax free income for up to 12-24 months, depending on the policy terms and conditions.

It is imperative that you read the small print of any policy that you are taking out as this is where you will find the exclusions. Exclusions are the reasons which can stop you from making a claim and which mean that you would be ineligible for the product.

There are exclusions which are common to the majority of redundancy insurance policies and these include if you are suffering from a pre-existing medical condition, are only in a part time position, are of retirement age or if you are self-employed. Check each products exclusions as they can vary from provider to provider and it is important that you ensure you wouldn’t be excluded from making a claim.

Mortgage payment protection an be taken out to safeguard your monthly mortgage repayments each month and give you peace of mind and security of an income with which you can use to continue on meeting your mortgage repayments and so not get into arrears. Getting into arrears could mean you lose your home to repossession but redundancy insurance can give you an income.

Loan payment protection is taken out as redundancy insurance if you have loan or credit card repayments to make each month and can stop you from falling behind on your repayments by giving you enough money to service your loan repayments each month.

If you want to safeguard your essential outgoings in general then income protection will give you a replacement amount up to a certain sum each month which you can then use to carry on meeting your requirements and live the lifestyle you are accustomed to without having to worry.

All policies can be bought alongside the loan or mortgage at the time of taking out the borrowing but this is one of the dearest ways of taking out what is invaluable insurance. A far better way to give peace of mind and security is to go to a specialist provider for your quote for the cover. Redundancy insurance can be taken out just to cover unemployment by such as redundancy but it can also be taken out to insure against coming out of work down to accident, sickness and unemployment together.

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