Applied Bank Credit Cards

The Applied Bank credit card is a secured card, which means that in order to receive it, you must open an account with Applied Bank and make a deposit into that account.

The deposit is designed to secure your account should it default. The limit on the card will be equal to the amount of the deposit, which can be between $200 and $5,000.

Your card will have a fixed APR of 9.99%, and you still will be responsible for making regular monthly payments. In addition, your card will be reported to the credit bureaus.

There is an annual fee of $50 for the card. However, because your account is secured by your deposit, everyone is accepted for the card, and there is no credit check required.

Because the card is issued as a Visa card, it is accepted anywhere you see the Visa logo displayed. Making regular, on-time monthly payments can help you create a history of positive payments.

While this can help repair a damaged credit score, we also advise that you take steps to remove derogatory items from your credit report.

You do not have to just live with a low score. You can dispute the derogatory items with the bureaus and have them erased.

Contacting the credit bureaus to dispute derogatory entries is the most effective way to improve a low credit score. Many people believe that negative items must stay on your credit for seven long years.

This is false! The Fair Credit Reporting Act says that an item can remain on your report for a maximum of seven years. There is nothing about the minimum amount of time.

Many debt collectors have been sued and forced to pay fines for violating this law by manipulating the system and leaving a negative mark on an individuals credit report for more than seven years.

In addition, it is common for credit reports to contain errors"in fact, estimates say that 25% of the population has inaccurate information on their credit report.

While a credit card will help because you will have a positive reporting account and be building credit. It is vital to remove the negative items too.

A lot of people underestimate the importance of your credit score, but a poor score can impact your employment, financial well being and self-respect. There are few words more humbling than I'm sorry, but your declined being spoken by a loan officer.

However by building positive reporting accounts and remove the negative accounts you can achieve a high score. This will enable you to live a lifestyle you truly deserve.

About the Author:
For a Free Credit Consultation Call 1-800-253-3735 . For more about the Applied Bank Visa or for more about Rush Card a popular prepaid credit card.

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Remove Charge Offs From Your Credit Report

A good FICO score is important. With the tightened up requirements for a new mortgage, your credit report may be more important than ever. Now, we'll see how you can raise your credit score fast.

Not many people know that charge offs can be removed from a credit report. Charge offs can have a truly problematic effect on your credit.

Long story short; you want them off your credit report. If your credit report displays a few charge offs, there are ways of getting them off. This will improve your credit score and give you lower interest and monthly payments in return.

The order of getting charge offs removed begins with getting a copy of your credit report. You get 1 copy of credit report per calendar year. This allows you te investigate what's on there.

It's not rare to get a mistake on your credit report. As soon as you see a mistake, write a letter to the credit bureau. Don't use email, compose a real letter. With ink and a stamp. If you do not receive word from the bureau within 30 days, the charge gets dropped from your report. This means an increase in your FICO score

This may seem like a insignificant step, but all the steps matter in credit. You can save thousands of dollars in the next few years by increasing your credit score by an amount that looks small on the surface. So be almost microscopic when going over the report.

Researching your credit report is something the majority of the population never does. People presume that everything is reported fine. In reality, credit bureaus make a lot of mistakes. You have the possibility to remove charge offs and increase your score. You just have review your credit report, see if any mistakes have been made and report them to the credit bureaus. This alone can save you thousands of dollars in the next few years.

About the Author:
Jane writes about financial matters and credit improvement. He also writes about goedkoopste doorlopend krediet and snel geld lenen in Dutch.

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balance transfer credit cards

I got my first credit card about 6 years a go. I was really happy because I could get it easily. After getting it, I directly went to the shopping centers and bought everything that I couldn’t afford before. I bough new cellphone, cool shirts and many more. The ease to get a credit card made interested to apply for the second, the third and the fourth. I had four credit cards at that time. I didn’t think logically at that time because I just spent the money and sometimes I bought something unnecessary.

First I still could return the payment but after 6 months, I couldn’t. My credit card turned into trouble for me.

I believe that what happened to me also happens to may credit card users in this world. Many of them now get problem with their credit cards. Due to my own experiences or also others, it is very wise if we know a lot of information about credit card before applying it and using it. It is very important to find out how to balance transfer credit cards. To get information about credit cards, credit cards offers, how to use credit card wisely, balance transfer credit cards or else, we can visit many website that inform about them. Your Credit Network is one of those websites. This website is aimed to meet a growing demand for informing about credit cards, credit card offers, and general information about financial planning.

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