It’s Easy To Find A 0 Apr Credit Card

Millions of Americans have credit cards, using them almost every day for everything from mundane things like groceries to exciting purchases like vacations. But unless you already have a 0 APR Visa, Mastercard, or Discover credit card, chances are you’re still looking for one. Who wouldn’t want a credit card that offered 0 percent APR?The APR is the annual percentage rate, and it determines how much interest you pay on your credit card. No-interest credit is the best, obviously; a credit card with no APR means you’re paying back only the amount you borrowed, with no additional charges. When the bank makes you a 0 APR credit card offer, you’re liable to jump at the chance! But you don’t need to wait for the bank or credit card company to come to you. You can get a 0% APR credit card yourself.First you’ll need to check your credit score. The credit card companies are more likely to give you a low-repayment credit card as a “reward” for being a low-risk consumer. Get a copy of your credit report from one of the online sources available — you’re entitled by law to one free credit report per year — and see if there are any blemishes that might prevent you from getting a 0 APR credit card. You should check your report even if you’re sure you’ve never done anything to earn bad credit, because mistakes can creep into your report. The last thing you want is to be denied an interest-free credit card because of something you didn’t even do!Once you’ve confirmed your credit report is solid, or done what’s necessary to clean it up, you can apply for a credit card with confidence. There are two ways you can go about getting no-interest credit. One is to approach your currentcredit card companies and request a lower interest rate. Tell them you’d like to do a balance transfer, point out your positive credit history, and ask for zero APR credit. Many times, they will give you 0 APR for a period of six months or a year, which is fine: Before the time is up, you can set up 0 percent APR on a different card and transfer the balance. If your credit stays good, you could move your balance from one card to another indefinitely, thus keeping 0 APR credit for the life of the loan.Another option is to open new credit cards that have 0 APR offers. These are easily found online, and the 0 APR credit card is usually an “introductory” offer, which means it switches to a higher APR after six months or a year. The same procedure applies: Take advantage of the offer, and then transfer the balance to another 0 APR credit card [] before the time is up. Before you get any new credit cards, though, be sure to check into their policies on balance transfers. Some have different APRs for balance transfers as opposed to purchases.With a little work and careful spending habits, it’s possible for anyone with good credit to get a 0 APR credit card. Why should the credit card company get all your hard-earned money with its fees and APRs? No-interest credit is the way to go. Good luck, and happy spending!

Mortgage Meltdown Creates Home Financing Obstacles

Thanks to the surplus of inventory and historically low mortgage rates, the time has never been better to buy a new home. The reality is that most people do not have the spare bundles of cash lying around to buy their potential properties outright and need to rely on securing a home loan to finance their purchase of the American Dream.However, the landscape of the real estate market has substantially changed since the days of your parent’s mortgage. Borrowers are now under greater financial scrutiny than ever as lenders now are interested in mitigating their chances of losing money because of a high-risk borrower.The change in attitude is a direct result of the mortgage meltdown kicked off by the subprime mortgage mess. Private lenders and federal agencies are tightening the standards associated with the loan approval process, leaving many potential homebuyers high and dry. Prior to the mortgage mess, it was not uncommon for five or six mortgage applications to make it through the approval process. According to The Legacy Group (Bellevue, Washington) loan officer Paul McFadden, “These days, the number of mortgage applications that get approved is probably three out of 10.” Here is why:
Higher Credit Score Required: Lenders have used credit histories and scores to determine the potential “loan-worthiness” of applicants for decades. Now only potential borrowers with credit scores exceeding 700 can qualify for the best mortgage rates out there. Although there are still mortgage opportunities for those with scores underneath that value, but the interest rates charged will be significantly higher for this demographic.
Income and Assets Under the Microscope: Prior to the mortgage meltdown, paper proof of both income and assets were enough to secure a mortgage. Lenders are now taking the time to verify the information by making phone calls and triple checking all paperwork submitted.
Pregnancy: Being pregnant is not a legal path to discrimination, but the New York Times reported that maternity and paternity leave might be seen as a potential “loss of income.” Technically, this type of interference should be categorized under “Income and Assets Under the Microscope.”
Home Appraisals: Thanks to the crop of under water properties, mortgage lenders are ordering stricter reviews of submitted home appraisals. Homes that do not appraise for the full contract price are subject to disapproval.
Mortgage Industry Shake Up: Prior to the real estate bubble bursting, mortgage offers with enticing promotional rates were abundant and easy to secure. Right now, the industry is in flux as it attempts to clean up the mess and get business back on track. However, the guidelines are evolving everyday, creating a challenge for lenders regarding instructions on the mortgage approval process. Additionally Congress introduced new regulations to limit the power of predatory lenders, and the blanket laws are negatively impacting small business owners and independent contractors in the mortgage industry.
Tighter Condo Approval Rules: Although condo living can provide a fantastic quality of life, those interested in financing purchase of a unit should expect challenges in the mortgage approval process. Typically, condos are considered to be a riskier type of home purchases and are charged slightly higher mortgage interest rates than single-family home purchases. The reason why, condos have a community behind them and the finances of the community (as well as the buyer) are being analyzed more intensely by mortgage lenders.

Home Insurance Coverage

Home insurance policies are helpful when you own a home. Most times when people take out mortgage loans, the lender will expect the buyer to purchase coverage. The mortgage lender may ask the buyer to opt for minimal coverage; however, is the minimal coverage enough. At any time, a natural disaster can sweep a home from its roots and sling it across the region. Statistics have shown that floods alone have targeted “25%” of low risk and moderate risk neighborhoods, therefore, at any time your home could be at risk.When you have invested large sums of money on a property, the last thing you need is to put your home at risk. The home is not the only issue to consider, since homes often have valuable property. Thus, insurance companies’ are designed to protect both your home and its contents.Most insurance coverage will offer flood insurance upfront, however few companies fail to make the offer. The insurance companies’ that present flood coverage will often ask the client to join in the “National Flood Insurance Program.”There are many things to consider when searching for home insurance. If you have a home-based business, you will need the maximum insurance coverage, since expensive equipment is often involved. The weather is unpredictable alone, however, other unforeseen occurrences, such as explosive water pipes. The insurance companies will often cover unforeseen disasters, including Mudflows, floods, tidal waters, hurricanes, tornadoes, melting snow, and so forth. If you live in a wooded area, then you are at risk, since mush land is vulnerable and floods often occur.Other things need consideration when applying for home insurance. If you live in a mobile home, or else own a condominium, then you will need coverage that will accommodate the special circumstances.While, insurance companies’ offer different types of policies for condominiums, they are susceptible regarding mobile homes. The contents and mobile home itself is not the biggest expense to home insurance providers. Rather, insurance companies are vulnerable to coverage for mobiles, since the home presents out of the ordinary risks. The company will consider mobile home status, neighborhood, year, make, model and other details when considering mobile homes. Most likely, the company will charge high premiums and higher rates to insure the property. New mobiles often cost less to cover, but not as low as the homes that are not risky.Researching the market can help you find the right agency that offers the best rates on home insurance. Not only will you find better rates, lower premiums, and comprehensive coverage, you will also learn details about the specific company you are applying for coverage.If you are still paying mortgage, then lenders will expect coverage on your home. Therefore, if you agreed to the mortgage loan arrangements, you may want to find out if you have coverage. It is your choice to find a reasonable home insurance agency, therefore, if you find a good deal you might want to talk with your mortgage lender to drop the insurance integrated into your mortgage payments. You will also need to show copies to your lender that home insurance is existing.Fires are common in many neighborhoods. At least one home out of 100 in a single neighborhood will experience fire. If your home is destroyed by fire, you will loose your home and everything in the home. If you do not have insurance, then getting back on your feet can become a struggle.The premiums on the policy will offer a measure of coverage against fires. Many insurance companies’ will factor in fire from the onset of the application. The companies’ will consider fire, flood, depreciation, replacement charges and so forth when considering coverage. Thus, when taking out home insurance make sure you talk with your agent about changes in rates and premiums as a result of depreciation. Most times if the depreciation of the home has dropped, the company will charge steeper premiums.The Entire Coverage Packages, or Full Coverage plans often have higher premiums, but you must consider that the policy is covering the entire content of your home, plus the home itself. Be advised that few policies have restrictions and exclusions, thus research and learn more.

Your Financial Future – The Decision to Go High Tech With Your Home Finances

With the movement across the nation going toward getting your finances in order, there are more people than ever looking into financial software for their personal use. The old tried and true method of pen and paper (and checkbook registers) still works for some, but others will find they have a need for more. Maybe pen and paper alone don’t give you as many options to keep your records as accurate and up-to-date as you’d like. Or perhaps you’re just ready to come into the tech savvy world of today.If you’re ready for that step, you’ll be happy to know that most programs (like Quicken) allow you to download transactions as soon as they become available online with your bank.These kinds of financial software programs also have many features that show you where your money’s going, as well as forecasting options that allow you to get a handle on where you want your money to take you. Forecasting can help you in determining a budget that will put you on the path to reducing your debt.While these options might not be first and foremost in your mind right now, you can focus on the simple aspects that will help you in running the day to day expenses of your home.How much do you spend on groceries? How much money do you need to set aside each paycheck to pay your bills? These are just a few of the questions that are easily answered using any number of the home finance software programs out there. And while there are a few free programs out there like Quicken Mint, you might prefer having your financial records available for you to work with, update, or review off-line. That’s why I recommend you pick a software that you can actually download to your hard drive or load from a CD you’ve purchased.Are you still asking yourself how using home finance software is better than your checkbook? If so, here are a few points to keep in mind.1. Software makes it easy to see all of your accounts and balances at one time.You’re able to get a listing of your loans (house, car, student loan, etc.) and balances. This is often handy when you’re working on debt reduction, but start to forget how much you owe already. It’s a real eye opening experience to see the totals on your debt when you’re just about to make that total get bigger by buying something for which you really don’t have the money on hand.2. You can download the latest transactions for all of your accounts.This also includes most loans where you have online access, 401 K or other savings plans, and credit cards. You’ll know if you’re about to go over your limits with one glance.3. Budgeting made easy.Most software has a built-in budging feature that guides you step by step through figuring out your monthly expenses and how to use that money you save on dining out to reduce your debt. You can also get visual charts (pie or bar graphs) that let you see where the majority of your money is going.These are just a few of the ways using a home finance software package for your home finances can work for you.

Top Ten Secrets to Get an Online Payday Loan

Here is what you need to know to get your online payday loan. When you are applying, make a checklist of these 10 secrets. See if you can match as many secrets to maximize your changes of getting approved or a payday loan.1. Apply only at lender matching sites
On the internet there are two types of payday loan sites: Direct Lender and Lender Matching. Direct Lender sites are run by the actual lender where as lender matching sites collect loan applications and then submit them to many lenders on your behalf and match you with the best lender for your situation. Direct Lender websites only approve a small fraction of lender matching sites approve.2. Apply only in the mornings
Your best chance to get an online payday loan is to apply on a weekday morning. Why is this? Because the call centers are fully staffed, and the lenders are hungry for loan applications. If you apply after 4pm, many lenders are auto-denying loan applications because they cannot full fill the payday loan because of ach cut-off times and call center staffing issues. Always apply for online payday loans in the mornings.3. Never apply on weekends or holidays
Almost no loan applications are approved on holidays and weekends. This is for the same reasons as why you should apply on weekday mornings. So if you are paying bills Sunday night and you decide you need a payday loan, its best to wait and apply on Monday morning.4. Only apply once per pay period
Many lenders will only look at your loan application once per pay period. They will auto-reject your loan application if they have tried to underwrite it in the last 2 weeks. The only acception to this rule is if you are using lender matching payday loan websites to apply. They usually can prescreen lenders that have already attempted to provide you a online payday loan.5. Always provide references on the loan application
Many online payday loan applications do not require references, however, the big secret is many of the most reputable payday loan companies will score your loan application higher if you provide references.6. If you and your spouse are applying separately for payday loans, you should use separate e-mail addresses
Many online payday loan lenders check for fraud by counting how many social security numbers are using the same e-mail address to apply for loans. The problem is married couples often use the same e-mail address. Some will accept 2 social security numbers, others do not. To be sure to get around this issue, have you and your spouse apply with different e-mail addresses.7. Apply for payday loans during the holiday season
The holiday season is the busiest time of the year for online payday loan lenders. They know this fact, and they are prepared with extra staff and money to fund your loan applications. The worst time of year to apply or a payday loan? January. Online payday loan lenders are busy with the holiday hang over collecting on all the money they have lent. Many of the lenders reduce the number loan applications they fund during January.8. If you had a payday loan in the past, go back to the same website to get another one
If you had a payday loan in the past and paid it off, you are a VIP customer. That means you get special treatment from your previous lender. They always relax underwriting for previous customers that are in good standing. Try not to go to a different lender if you fit this category.9. If you are military or have benefit income, find a website specific for you
The reality is 99% of all online payday loan websites will not accept loan applications from military or benefit income customers. You will need to search the internet to find online payday loan website that will be able to meet your needs specifically.10. Be smart when entering your next 2 pay dates on your loan application
Most online payday loan lenders will not fund a loan that is less than 4 business days. So if you are paid weekly or your next pay date is within the next 4 business days, consider applying with your second future pay date as your next pay date. This will increase your changes of getting approved.To apply for a payday loan, please visit