Archive for the Credit Category
How to Write an Extreme Hardship Letter
This is a kind of business letter that you write to demonstrate the genuine, difficult-to-surmount hardship you are facing, which prevents you from paying a bill or fulfill a debt. You may find writing this kind of a letter humiliating, but it may deter your creditors or collection agencies from pur
Tips to Dispute Errors in Your Credit Report
If you feel something is apparently wrong with your credit report, don’t hesitate to dispute it. Your credit reporting company will investigate it and will issue you for free a revised credit report. First of all, keep records of every step you make (phone calls, e-mails) with copies of docume
Some Ideas about Your Down Payment Size
During the last couple of decades buying a home has become more accessible for more Americans as regards the required amount of down payment. However, while small downs allowed more people to afford owning a home, they also made the concept of having equity in the house seem old-fashioned. Neverthe
Debit vs Credit – Using Debit vs Credit Cards in Everyday Life
A Few Words About Debit Cards Though debit cards are pretty much like credit cards, there are significant differences between these two. Account The basic difference is in the account they pull money out of. Debit cards pull out from brokerage or checking account and do not increase or create a l
Debit or Credit_Who Pays Interchange Fees_II
Risks of Debit Transactions with a Plastic Card When you buy something and choose your payment to be done by debit transaction, you’ll have it done online by entering your personal identification number (PIN). While this method of payment is sometimes more preferable than credit transaction and h