Living in a dynamic century, the ‘Woman of Today’ is in search of a responsible life partner who can manage his money. Your credit score says a lot about your character. Very few of us are free from debt issues but one who pays his debts responsibly is a better option as it increases your chances of finding long lasting love.

A Survey Report in a US newspaper revealed that 9 out of 10 people consider financial security an important factor for getting married. According to New York Times more people are adding credit scores to their social filters A couple benefits in the long run if they have a responsible approach to finances.

Life in the modern world without using financial services is simply unrealistic and access to debt is essential for a middle class life. Sometimes when money problems come to light late in a relationship it can lead to separation and divorce. A good credit score will have a great impact on your love life and can lead you to happiness.

Debt impacts your family life in many ways:

A. Burden of debt will affect your contribution to household expenses or even your entertainment and holidays

B. It can prevent you from buying a home of your choice. Your own home indicates a financial stability and commitment.

C. Having kids is a milestone that cements many relationships, but severe debt problems can put a break on this next step and results in marriage breakups.

To make your credit score more appealing and getting out of debt should be your priority for a carefree and happy life.

About the Author:

My name is Zayna Kyle Steinsland a Financial Adviser at Zinu Credit Repair. It is a legitimate credit repair firms in US. That offers a free credit repair consultation, which includes a complete review of your FREE credit report summary and score. If you find the best credit repair company in your area. Please contact me.

Don't Fall into Deferred Interest Credit Cards over the Holidays or You'll Pay 27% More Interest.

America is a paradise for shoppers with a multitude of retail stores that offer foods, electronics, clothing and much more. The savvy shoppers often make a sport of looking for the best prices through sales, discounts offers, perks, interest-free deals and much more.

Many shoppers may prefer to use store cards instead of their everyday Visa card for shopping as many stores have their own cards and offer better deals. The holiday season is fast approaching and retail credit cards can really save some money and help counteract the ballooning effect that holiday gifts can have on their spending.

When checking out at a retail store we often come across stores offering 12 months or more free financing, if you apply for their credit card that very day. Chances are that you will be hearing this a lot more often if you accelerate your holiday shopping.

No doubt these financing offers are very tempting for holiday shoppers-and many take the bait-but are stores credit cards really a good deal? The answer is yes if it is used smartly , But before agreeing to apply for the store credit card there is one hidden trick you must be aware of otherwise your 'free financing' can backfire in a very big way and a common miss-step will end up paying 25% to 28% more interest on purchases you make .

According to WalletHub, the trouble arises due to deferred interest.

The difference between 0% Intro APR Cards and deferred interest cards

If you want to make a large purchase with a store credit like a home appliance you may qualify for special financing. Store Credit cards that offer free financing are 0% Intro APR cards and deferred interest cards.

You might reasonably assume that they work the same way, but they are different. You get 0% APR which will allow you to pay back the purchase money with no interest for a specified period such as 12 or 18 months. With Introductory 0% APR you will not be charged interest during the promotional period and interest will start to accrue only on the remaining balance. But on the other hand, differed interest cards are particularly dangerous. You will be charged interest not on the balance amount as in a 0% APR but interest will be charged on your entire purchase amount.

The Trouble with Deferred Interest Store Credit Cards

This is a feature which is commonly found in the fine print of 0% store financing offer plans and particularly dangerous. It is like a wolf in sheep's clothing as it pairs an enticing offer like 'no interest if paid in full' or 'special financing' with a clause that can turn sour. Many retailers do not disclose deferred interest clearly enough and if you make even the slightest mistake of not paying back the entire amount by the end of the interest-free period it can lead to some expensive post-holiday shopping season surprises.

With a deferred interest finance offers you must pay off the entire amount in full before the promotional free financing period is over. If you do not do so then you will have to pay the full amount of interest charges as if the interest rate was effective the whole time. The moment the promotional period is over the 'deferred' interest rates comes rolling back, not just the balance amount you owe but on the entire purchase amount.

Let us look at an example as to how much a deferred interest card can cost. If you had 12 months to pay off a purchase of $1,500 and you had paid $540(minimum payment of $45 dollars per month) at the end of the financing period. The store will then charge you 12 months of interest on the balance which will be a walloping $321 in interest and you owe the $960 balance on your purchase. Whew!

This is by far the biggest negative that is associated with credit cards. The interest rates of biggest retail-branded credit cards are often sky-high, with a standard 24.99% to 27.99% APR. In comparison the current average interest rate for all credit cards is 13.08% APR, according to the Federal Reserve.

So before using a 'deferred interest' store card you should plan to pay off the loan before the promotional period expires, as sometimes 'unexpected things occur and you may not be able to make the payment every month', says Bowne.

Avoiding getting surprised by the deferred interest

You can take advantage of zero percent finance offers by considering the following precautions:

. You should make sure you read the terms and conditions carefully to see if the card carries an annual fee, and what the go-to APR will be once deferred-interest promotion period expires.

. You can plan to have it paid off early by dividing the purchase price by 11 months instead of 12 months.

. Pay your balances each month by setting up the payment on auto pay and boost your chances of paying it off in time.

. You should avoid any extra trips to the store to avail of offers on 'card member' sales and only purchase what you want.

No doubt store credit cards offer you much better deals and discounts then typical cash back cards and you can save loads of money if you are a frequent shopper. But just remember not to leave a balance because 'deferred interest' will always destroy any savings and rewards the cards have offered.

About the Author:

My name is Sofia Meghan Gibson a Financial Adviser at Zinu Credit Repair. It is a legitimate credit repair services in US. That offers a free credit repair consultation, which includes a complete review of your FREE credit report summary and score. If you are looking for the best credit repair company in your area. Please contact me.

Check Your Credit

If you discover activity on your credit report that’s not yours it should be the results of a file merger error. This implies that somebody else’s credit knowledge has been merged with yours. It may sound awful. But it’s pretty innocent and has a simple credit repair cure. So, before you jump to conclusions concerning identity theft take a number of minutes to research.

Get copies of all 3 credit reports. Then circle the unknown accounts, decision and the creditors. Raise them if they need an account in your name. They may tell you that they need no record of the suspect account. Now you’re a victim of a file merger error. This is often simply cured with a little of credit repair. Write to the credit bureaus. Tell them that somebody else’s credit is showing on your report. Raise them to correct the error. Take care to produce your identification. File merger errors are surprisingly common. Credit bureaus can presumably resolve the matter for you quickly.

Resolve the Matter

If on the opposite hand, the creditor acknowledges that the questionable account is yours. You are a victim of identity theft and will implement an additional serious credit repair cure quickly. The honest Credit Reporting Act provides an awfully powerful answer for identity theft victims. You wish to travel the police station with a replica of your credit report. Ask them to produce you with an Identity Theft Report. You may have to be compelled to send this to the credit bureaus together with your identification. Also send a signed statement affirming that the accounts in question don’t have anything to try and do with any transaction of yours. The credit bureaus can block the suspect accounts with a number of days and initiate an investigation.

How to Prevent it

Have you been a victim of identity theft? Are you simply involved concerning preventing the matter from occurring? There are 2 straightforward and effective credit repair solutions. The credit bureaus provide a warning system referred to as a Fraud Alert. A Fraud Alert may be a statement inserted into your credit report requesting. Prospective lenders contact you before extending credit.

All you wish to try and do is raise the credit bureaus to incorporate this statement on your report. Give them with a contact phone variety, and you’re geared up. There’s no charge and also the alert can stay on your credit report for ninety days. Once ninety days you’ll extend it if would like. You’ll additionally cancel it at any time if you’re feeling that the threat has passed. Fraud Alerts, however, don’t seem to be foolproof. A few lenders might ignore the alert and extend credit regardless. A wonderful credit repair answer you ought to implement simultaneously together with your Fraud Alert is credit monitoring.

Credit monitoring may be a service offered by the credit bureaus. These services are able to warn you to any activity on your credit together with inquiries. You’ll be able to expect to pay some fee per month for this service. If somebody tries to use your identity you may be contact in time to avert difficulty.

About the Author:

My name is Angela Welsh a Financial Adviser at Zinu Credit Repair. It is a legitimate credit repair USA. That offers a free credit repair consultation, which includes a complete review of your FREE credit report summary and score. Please contact me. And find out what's the best way to repair credit.

Personal loans are loans that are not secured against anything of monetary value. This means that the lender has nothing to take from you if you do not make payments. A mortgage is not considered a personal loan because the money is borrowed against your house. They are often also called unsecured loans and have many pros and cons. However, when you have bad credit, the cons can stack up quickly.

When banks and lenders consider handling personal loans, they rarely consider lending amounts smaller than $1,000 regardless of your credit score. This doesn’t mean that applying for a larger loan will guarantee approval from the lender. Like any other type of lending situation, a low credit score raises your chances of being denied outright.

People with poor credit are attending to pay higher loan interest when trying to realize unsecured financing

You are more likely to be approved for a smaller loan if your credit scores are low than if you have high credit scores.

Finding the balance between the minimum allowance and the maximum you will be entitled to borrow can be tricky. A personal loan might be more appealing than a credit card. But, this doesn’t mean it will be easier to manage. It definitely doesn’t mean you will receive a great interest rate. You may be lucky enough to be approved for a personal loan. But you will receive it on the conditions of a higher interest rate than those with better credit scores. This is due to the risk the lender is taking by on by lending you money. Many lenders use ‘rate-for-risk’ pricing where they consider the risk of lending to you and charge higher interest rates.

Individuals with dangerous credit are attending to pay between 17-26% for a private loan. Those with sensible credit pay 5-8%.

You should check the interest rates before you agree to the terms of a personal loan. You are not automatically entitled to the rates that the institution advertises.

While this is important information as you apply for a personal loan, the lender is also at liberty to check up with their customers. This means that your low credit score can affect the amount you pay on your loan even after the agreement has been finalized. Keep an eye on this and the terms you initially agreed upon with the lending institution, especially if your credit score begins to dip.

About the Author:

My name is Melissa Danser a Financial Adviser at Zinu Credit Repair. It is a legitimate credit repair firm in USA. Helps you to fix bad credit. And offers a free credit repair consultation, which includes a complete review of your FREE credit report summary and score. Please contact me. I am more than happy to serve you.