<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title><![CDATA[Finweb.com Recent Articles: Banking & Credit]]></title><link>http://www.finweb.com/banking-credit/</link><description>Like bread and water to your natural life, your personal banking and credit are fundamental to your financial life and well-being. They impact upon you daily; your financial dealings and decisions have a very definite influence upon their conditions, as well. So basic are these two institutions to us that they often go unnoticed, and even more often still they go neglected; mistreated and uncared for in the proper way that they should.</description></channel>
<item><title>How to Cash Business Bank Checks</title><link>http://www.finweb.com/banking-credit/how-to-cash-business-bank-checks.html</link><description><![CDATA[Obtaining cash against business bank checks is of great importance to entrepreneurs since it is a critical element in cash flow management, within any size of business. The following steps can help cash your business checks fast:Step 1: Identify the Hold Period on Your ChecksBanks often put funds on hold until a check is cleared. Sometimes checks from certain parties, can face extra hold periods. If you know that the bank will place a hold on the check you possess, you may need to use alternate options.Step 2: Identify the Cash Withdrawal Limit on Your Business AccountBanks have withdrawal limits.&amp;nbsp;...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[What Do Online Banks Have to Offer?]]></title><link>http://www.finweb.com/banking-credit/what-do-online-banks-have-to-offer.html</link><description><![CDATA[Online banks have been growing in popularity in recent years. Many people are forgoing the traditional brick-and-mortar banks in order to take advantage of some of the benefits that online banks have to offer. Here are a few things to consider about online banks and what features you can receive by working with them. Instant Account Access One common feature that you will find with all online banks is that you can access your account instantly. You will be able to get online any computer and login to your bank account. This will allow you to see a much money...]]></description><pubDate>April  6, 2011 11:17 PM</pubDate></item><item><title><![CDATA[How To Improve Your Credit Score]]></title><link>http://www.finweb.com/banking-credit/how-to-improve-your-credit-score.html</link><description><![CDATA[There are several ways to improve your credit score. Most of them include a common sense approach to money management. If you are just starting out or you are trying to rebuild these tips will help you have a great credit score. We all know that having a great credit score is a good thing to have if you want to take out a loan for a car or house and get credit cards for life&amp;rsquo;s little emergencies. Before we begin reviewing credit scores, there are a few basic things we need to review. In any loan, there are two...]]></description><pubDate>April  6, 2011  5:42 PM</pubDate></item><item><title><![CDATA[What is the difference between a cashier's check and a money order?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-difference-between-a-cashiers-check-and-a-money-order.html</link><description><![CDATA[While a cashier's check and money order are very similar payment instruments, there are a few key differences between them. The cashier's check is considered legal tender and can only be issued by a bank. A money order can be issued by a bank, post office, grocery store or convenience store. Also, the money that is used for a cashier's check is drawn from the account of the payee. Both instruments guarantee payment for the recipient. Money orders are typically used for amounts that are less than $1000, while cashier's checks are used for larger amounts.&amp;nbsp;...]]></description><pubDate>January 25, 2011 12:14 PM</pubDate></item><item><title><![CDATA[Account History]]></title><link>http://www.finweb.com/banking-credit/account-history.html</link><description><![CDATA[The account history is an important part of any type of financial account. This history shows a comprehensive list of all transactions of a particular account. It shows all of the expenses and deposits for the account, over a specific period of time. In the account history you can also find out when the account was overdrawn and if there were any fees associated with the overdraft. Account histories are used as reference tools for accounts like: savings accountschecking accountsretirement accountsinvestment accounts If you need to reference a payment, expense or deposit, go to your account history for more information....]]></description><pubDate>January 25, 2011 12:04 PM</pubDate></item><item><title><![CDATA[3 Tips for Obtaining Personal Debt Relief]]></title><link>http://www.finweb.com/banking-credit/3-tips-for-obtaining-personal-debt-relief.html</link><description><![CDATA[ Personal debt relief is most effective and least costly when you learn to do it yourself. Try these simple tips for getting yourself out of debt. 1. Avoid Costly Settlements Debt settlement and consolidation companies often charge higher fees than the lenders you currently owe. While these companies can save you if you face bankruptcy, they are an option of last resort instead of an easy way out. 2. Know How to Budget Start by setting up a simple budget. Your current fixed costs, such as housing, utilities and fixed payment debts, should never amount to more than 50...]]></description><pubDate>January  4, 2011  4:04 AM</pubDate></item><item><title><![CDATA[Credit Notes Explained]]></title><link>http://www.finweb.com/banking-credit/credit-notes-explained.html</link><description><![CDATA[ Credit notes, also known as credit memos, are typically issued by vendors to their customers in order to rectify or address issues such as overstated invoice amounts, erroneous discount rates, and product returns and allowances. As a commercial document, a credit memo obligates the seller either to give back the money paid by the buyer or to deduct the amount from the buyer&amp;rsquo;s balances. It can also be exchanged for other products or goods with equal or lower value as stated on the instrument. Apart from merchandising establishments, banks are also known to issue credit notes to their depositors....]]></description><pubDate>December 21, 2010  4:00 AM</pubDate></item><item><title><![CDATA[3 Reasons Personal Debt Consolidation Might Not Work for You]]></title><link>http://www.finweb.com/banking-credit/3-reasons-personal-debt-consolidation-might-not-work-for-you.html</link><description><![CDATA[ Personal debt consolidation companies want to sell their services to everyone. They are paid based on fees or commission, so they will often recommend their strategies to you even if you are not a great candidate. Ask yourself if you are responsible enough to repay debts after consolidation, if you can afford to do so, and if there are any favorable alternatives. Debt consolidation may not work for you if the following is true. You Are an Irresponsible Borrower Personal debt consolidation is an option for anyone who has multiple debts. However, people in this tough situation have arrived...]]></description><pubDate>December  7, 2010  4:16 AM</pubDate></item><item><title><![CDATA[Co-Branded Credit Cards]]></title><link>http://www.finweb.com/banking-credit/co-branded-credit-cards.html</link><description><![CDATA[ Co-branded credit cards carry the name of your business, or any business, in addition to the name of the credit card company. For example, a credit card may include the Southwest Airlines logo and a Visa logo. The card may also carry the logo of the card issuer, such as a bank, that is separate from the credit card company itself. When a purchaser uses the card, he or she receives incentives from the business with the co-brand. The goal of the card is to increase the business's visibility as well as increase spending in the business.&amp;nbsp;...]]></description><pubDate>November 30, 2010  4:20 AM</pubDate></item><item><title><![CDATA[How to Handle Personal Debt Collection]]></title><link>http://www.finweb.com/banking-credit/how-to-handle-personal-debt-collection.html</link><description><![CDATA[ If you are facing personal debt collection, you should know your rights so that you can properly protect yourself from your lenders. When you sign a debt contract, you provide your lender with legal rights. This contract exists to protect the lender's rights to collect, but it also protects your rights against harmful collection practices. Debt Limitations All debt obligations must be lawful. If you took a personal loan from a lender, you are only legally bound to the debt if the lender followed all fair lending laws in your state. If you are contacted by a collections agent,...]]></description><pubDate>November 22, 2010  4:37 AM</pubDate></item><item><title><![CDATA[Personal Debt Help for Seniors]]></title><link>http://www.finweb.com/banking-credit/personal-debt-help-for-seniors.html</link><description><![CDATA[ Seniors often find themselves in need of personal debt help because they cannot deal with the financial demands of aging. With only a retirement income, rising health care costs and the expense of longterm housing, many senior citizens turn to lenders for help. Unfortunately, not all loans are a good idea for retired individuals. If you are in too much debt, consider options to reduce the debt quickly and begin enjoying your retirement. Challenges of a Fixed Income The main reason senior citizens take personal loans is because they cannot simply go out and earn money. After retirement, you...]]></description><pubDate>November 22, 2010  4:34 AM</pubDate></item><item><title><![CDATA[Personal Debt Reduction Tips for Long-Term Financial Health]]></title><link>http://www.finweb.com/banking-credit/personal-debt-reduction-tips-for-long-term-financial-health.html</link><description><![CDATA[ The faster you can achieve personal debt reduction, the less money you will spend unnecessarily on interest and fees. Keeping your personal debts low builds your credit score, offers you safety in the case of an emergency and helps build your net worth. Try these tips to reduce your personal debt and improve your financial health for the long run.&amp;nbsp; Always Budget for Your Debts Many people with long-term personal debt simply did not budget properly before taking their loans. Lenders will extend loans to any borrower who has the income to repay, even if this repayment will be...]]></description><pubDate>November 18, 2010  4:44 AM</pubDate></item><item><title><![CDATA[Use Personal Debt Consolidation Loans to Get Back On Track]]></title><link>http://www.finweb.com/banking-credit/use-personal-debt-consolidation-loans-to-get-back-on-track.html</link><description><![CDATA[ Personal debt consolidation loans can give you immediate funds to repay a large number of your debts at once. Once you have done this, the consolidation lender is your sole remaining lender. You will begin payments to this lender immediately, or after an agreed upon grace period. Personal consolidation loans can help many individuals get back on track and are the best&amp;nbsp; solution for many borrowers today. Process You will need to contact a debt consolidation company. You will have a choice between a non-profit, or for profit company. Non-profit companies tend to have lower fees. The consolidation lender...]]></description><pubDate>November 18, 2010  4:42 AM</pubDate></item><item><title><![CDATA[Personal Debt Advice for the Newly Indebted]]></title><link>http://www.finweb.com/banking-credit/personal-debt-advice-for-the-newly-indebted.html</link><description><![CDATA[ Personal debt advice does not have to be complicated in order to work. You do not need to take drastic steps to settle, consolidate or remove debts. When you open new debts, you should be smart with your income and debts and stay on track with a consistent payment plan. How to Budget for Debts The first step is to build a budget. Start by determining how much you earn, on a monthly basis. Divide this amount in half. The remaining sum is the total you can afford to spend on debts in a given month. Allocate this toward...]]></description><pubDate>November 18, 2010  4:40 AM</pubDate></item><item><title><![CDATA[Pros and Cons of Dynamic Currency Conversion]]></title><link>http://www.finweb.com/banking-credit/pros-and-cons-of-dynamic-currency-conversion.html</link><description><![CDATA[ Dynamic currency conversion is a service that is offered by many credit card companies in today's market. With this feature, you can use your credit card abroad and the amount that you spend will automatically be transferred into the currency that you need. You will be billed in your own currency, while the merchant will receive the local currency. Here are some of the pros and cons of using dynamic currency conversion. No Need to Get Cash One of the biggest hassles of traveling abroad is that you will often have to deal with cash. When you get to...]]></description><pubDate>October 12, 2010  4:04 AM</pubDate></item><item><title><![CDATA[The Secure Electronic Transaction System]]></title><link>http://www.finweb.com/banking-credit/the-secure-electronic-transaction-system.html</link><description><![CDATA[ The Secure Electronic Transaction System was designed to help process credit card payments securely. This system was designed to be the method of choice for people to make purchases with credit cards on the Internet. It never really caught on and is now rarely used. Here are the basics of the Secure Electronic Transaction System, or SET. Secure Electronic Transaction System With this system, there are several layers of security present for both parties. This system encrypts information so that neither party has certain specific pieces of information about the other party in the transaction. This is not a...]]></description><pubDate>October  9, 2010  4:19 AM</pubDate></item><item><title><![CDATA[Understanding Wholesale Banking]]></title><link>http://www.finweb.com/banking-credit/understanding-wholesale-banking.html</link><description><![CDATA[ Wholesale banking is the practice of lending and borrowing between very large institutions. When you think of a bank, you likely think of your local teller with whom you can carry out checking, savings and credit needs. This type of bank is a retail bank; it offers small-scale, one-on-one services to individuals or businesses. For institutions with larger financial needs, wholesale banks offer these same services, often at a lower base price than that charged for retail transactions. Purpose of Wholesale Banking For a large company carrying out a high number of financial transactions daily, often with large sums...]]></description><pubDate>October  6, 2010  4:00 AM</pubDate></item><item><title><![CDATA[What Is Soft Currency?]]></title><link>http://www.finweb.com/banking-credit/what-is-soft-currency.html</link><description><![CDATA[ A soft currency is a type of currency that is issued by a country that is not financially strong. Many times, this type of currency will fluctuate based on the slightest circumstances in the country where the currency is tied. This type of currency is also sometimes referred to as a &quot;weak currency.&quot; Soft currency and the Forex Market If you are investing in the Forex market, you will not find any soft currencies with most Forex dealers. Forex dealers will stay away from this type of currency because it is extremely volatile and can be very unpredictable for...]]></description><pubDate>October  4, 2010  4:19 AM</pubDate></item><item><title><![CDATA[What Is the Electronic Benefits Transfer System?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-electronic-benefits-transfer-system.html</link><description><![CDATA[ The Electronic Benefits Transfer System is used in the United States to transfer benefits to individuals that qualify for them. This program is the replacement for the program that was commonly referred to as &quot;food stamps.&quot; Instead of using food stamps, the users of the program use the Electronic Benefits Transfer System to gain access to the help that they need. How It Works Using this system is similar to using a debit card or a gift card. Individuals that qualify for food stamps are issued an Electronic Benefits Transfer (EBT) card. This card looks just like a regular...]]></description><pubDate>October  4, 2010  4:17 AM</pubDate></item><item><title><![CDATA[3 Individual Development Account Programs]]></title><link>http://www.finweb.com/banking-credit/3-individual-development-account-programs.html</link><description><![CDATA[ An individual development account is a type of savings account that is available for underprivileged individuals and families. With this type of savings account, the amount that they put into the account is matched by government or private funds. With this type of account, individuals can save money to buy a house, pay for college tuition, or start a small business. The funds that they contribute to the account will usually be matched on a 1:1 or 1:2 basis. Here are some of the different individual development account programs that are available. 1. Assets for Independence The Assets for...]]></description><pubDate>October  2, 2010  4:41 AM</pubDate></item><item><title><![CDATA[What Is Dynamic Currency Conversion?]]></title><link>http://www.finweb.com/banking-credit/what-is-dynamic-currency-conversion.html</link><description><![CDATA[ Dynamic currency conversion is a process that is offered by several credit cards as well as third-party payment processors. This feature allows an individual to use her credit card in a foreign country to make a payment with the money automatically converted into the proper currency for the transaction. This is designed to be much more convenient for cardholders and merchants in foreign countries. For example, if an individual from the United States is traveling to Japan and makes a purchase with her credit card, this service can be used. The price for the goods will be listed in...]]></description><pubDate>September 30, 2010  4:17 AM</pubDate></item><item><title><![CDATA[Why You Should Have a Small Business Savings Account]]></title><link>http://www.finweb.com/banking-credit/why-you-should-have-a-small-business-savings-account.html</link><description><![CDATA[ Starting a small business savings account is generally good idea for most business owners. Many businesses make the mistake of spending everything that they earn and not putting anything back in savings. When you get started, there may not be any profits to save. As you grow, you should think about putting some back in a small business savings account. Safety One of the biggest benefits of starting a small business savings account is that you will have some money there during an emergency. Many businesses do not have any cushion to fall back on if they go through...]]></description><pubDate>September 23, 2010  4:19 AM</pubDate></item><item><title><![CDATA[Village Banking Explained]]></title><link>http://www.finweb.com/banking-credit/village-banking-explained.html</link><description><![CDATA[ Village banking is a banking system that is implemented in economically challenged environments in order to help those that cannot get loans from traditional financial institutions. This is a type of microcredit that is popular in certain regions of the world. Here are the basics of village banking and how it works for those involved. Support Group The basic structure of a village bank is much like a support group. As many as 30 or 40 people from a village get together and talk about financial matters. They will have regular meetings in which they convene and discuss the...]]></description><pubDate>September 22, 2010  5:08 AM</pubDate></item><item><title><![CDATA[What Is Microfinance?]]></title><link>http://www.finweb.com/banking-credit/what-is-microfinance.html</link><description><![CDATA[ As the name suggests, microfinance is providing finance or monetary credit in small amounts. Microfinance refers to various financial services that issue small amount of money as loans, savings and insurance to lower income group. Financial institutions providing microfinance to poor people are referred to as Microfinance Institutions (MFIs). MFIs cater to poor people who have difficulty in obtaining finance from other sources. Microfinance exists in more than 100 countries worldiwde to serve people in poverty and meet their financial needs. Microloans It is one of the services provided by the MFIs. It refers to issuing loans of small...]]></description><pubDate>September 22, 2010  5:06 AM</pubDate></item><item><title><![CDATA[Overview of the TARP Program (Troubled Asset Relief Program)]]></title><link>http://www.finweb.com/banking-credit/overview-of-the-tarp-program-troubled-asset-relief-program.html</link><description><![CDATA[ The TARP program, or Troubled Asset Relief Program, is a government program that was designed to help after the subprime mortgage crisis of 2008. This program is designed to allow the government to purchase troubled assets from lenders. Here are a few things to consider about the TARP program and how it works. How it Works During the subprime mortgage crisis, many lenders were in financial trouble because they offered loans without using prudent underwriting methods. As a result, many of these loans were going into default and costing the lenders a great deal of money. In order to...]]></description><pubDate>September 21, 2010  5:17 AM</pubDate></item><item><title><![CDATA[Overview of Reserve Currency]]></title><link>http://www.finweb.com/banking-credit/overview-of-reserve-currency.html</link><description><![CDATA[ Reserve currency is the foreign currency held by central banks and major financial institutions in order to cover international debt obligations, make major expenditures&amp;nbsp;and influence currency exchange rates. Until World War II, the most common reserve was United Kingdom's pound sterling. After World War II, it was supplanted by the U.S. dollar. And while the Euro and the Japanese Yen has been gaining ground in recent years, the dollar continues to dominate. Today, the health of the international markets is directly tied to the strength of the dollar. If the dollar collapses, the results would be catastrophic for every...]]></description><pubDate>September 21, 2010  5:15 AM</pubDate></item><item><title><![CDATA[Explanation of Rebate Cards]]></title><link>http://www.finweb.com/banking-credit/explanation-of-rebate-cards.html</link><description><![CDATA[ Rebate cards are debit cards that can are offered by companies to consumers. Many times, this is offered as a type of incentive in order to get a consumer to make a large purchase. For example, this type of card might be offered to individuals who purchase a new car from a specific dealer. Rebate cards can be used much like a debit card. You can take them to any merchant that accepts credit and debit cards. You can make a purchase and the balance will be deducted from the total rebate amount on the card. Dissatisfaction Even though...]]></description><pubDate>September 21, 2010  5:13 AM</pubDate></item><item><title><![CDATA[Pros and Cons of Offshore Banking]]></title><link>http://www.finweb.com/banking-credit/pros-and-cons-of-offshore-banking.html</link><description><![CDATA[ Offshore banking involves setting up a bank account in a foreign country. Many people set up bank accounts in foreign countries in order to take advantage of foreign banking regulations. These bank accounts help consumers that are looking to diversify their holdings. At the same time, they can be riskier than a domestic bank account. Here are a few of the pros and cons of offshore banking. Pros One of the biggest advantages of offshore banking is that you can earn more money in interest than you would be able to with a traditional bank account. Most offshore banking...]]></description><pubDate>September 21, 2010  5:10 AM</pubDate></item><item><title><![CDATA[What Is a Money Order?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-money-order.html</link><description><![CDATA[ A money order is a type of device that can be used to make payments to another individual or business. This is similar to a check except that the funds are not drawn from your bank account. With a money order, you provide the cash for the order up front to a third party. The money order is then created, and you can send it to the party to whom you owe money. The United States Post Office is the entity that most commonly issues money orders.&amp;nbsp; Many creditors prefer money orders for payments instead of personal checks. You...]]></description><pubDate>September 21, 2010  5:08 AM</pubDate></item><item><title><![CDATA[Pros and Cons of Fuel Cards]]></title><link>http://www.finweb.com/banking-credit/pros-and-cons-of-fuel-cards.html</link><description><![CDATA[ Fuel cards are a type of credit card that is offered by individual fuel companies. The owner of the card can use the credit card to purchase gas at the appropriately branded gas stations and will then be billed for the amount of gas that was purchased. The card holder can choose to pay off the entire balance or can make installment payments, just like a regular credit card. Here are a few of the pros and cons of fuel cards. Pros&amp;nbsp; One of the primary advantages of using fuel cards is that you will get a discount. Most...]]></description><pubDate>September 21, 2010  5:06 AM</pubDate></item><item><title><![CDATA[The Basics of an FSA Debit Card]]></title><link>http://www.finweb.com/banking-credit/the-basics-of-an-fsa-debit-card.html</link><description><![CDATA[ An FSA debit card is linked to a flexible spending account or some other type of tax advantaged savings account. This type of card can be used in many different places, and it can pay for the costs associated with approved medical items. Following are the basics of an FSA debit card. FSA Debit Card The FSA debit card is used to gain access to the funds in a flexible spending account. A flexible spending account is a type of tax advantaged account set up through an employer. An employer can provide this as a way for individuals to...]]></description><pubDate>September 21, 2010  5:03 AM</pubDate></item><item><title><![CDATA[What Is a Fleet Card?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-fleet-card.html</link><description><![CDATA[ A fleet card is a type of card that can be used to make purchases by individuals in a fleet. This type of card is generally used to pay for gas purchases, but it can also be used for other expenses, like maintenance on vehicles. This type of card is most frequently used by organizations such as trucking companies that have large numbers of drivers on the road at any given time. By issuing fleet cards to their drivers, a company can help promote the safety of the drivers in the fleet. If they had to carry large amounts...]]></description><pubDate>September 21, 2010  5:01 AM</pubDate></item><item><title><![CDATA[Overview of EBPP (Electronic Bill Presentment and Payment)]]></title><link>http://www.finweb.com/banking-credit/overview-of-ebpp-electronic-bill-presentment-and-payment.html</link><description><![CDATA[ EBPP, or electronic bill presentment and payment, is a system that is commonly used in the banking industry today. With this system, a bill will be provided to a customer over the Internet, and then the customer will pay for the bill over the Internet as well. With this system, traditional checks are not used but electronic payments are instead utilized. Here are a few things to consider about electronic bill payment and how it works. EBPP EBPP is essentially the same thing as electronic billing. With this system, a company will send an electronic statement to a customer....]]></description><pubDate>September 21, 2010  4:59 AM</pubDate></item><item><title><![CDATA[What Is a Digital Wallet?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-digital-wallet.html</link><description><![CDATA[ A digital wallet is a payment method that allows individuals to make financial transactions electronically. This is sometimes also referred to as an e-wallet. The basic idea behind a digital wallet is essentially the same thing as a traditional wallet. You can keep money in it, and you can use the money to make purchases online as you please. You can also transfer money from your digital wallet to your bank account. In order to be successful, a digital wallet has to be extremely secure for users. This type of technology typically utilizes several layers of digital security in...]]></description><pubDate>September 21, 2010  4:56 AM</pubDate></item><item><title><![CDATA[Overview of a Demand Draft]]></title><link>http://www.finweb.com/banking-credit/overview-of-a-demand-draft.html</link><description><![CDATA[ The demand draft is a type of check that is created with the authorization of the user. This type of check is also referred to as an electronic check or an e-check. These checks are commonly used in a number of different industries in order to make purchases. Here are a few things to consider about the demand draft and how it works. Origination The original purpose of the demand draft was to allow telemarketers to sell products to customers over the phone. If a customer wanted to purchase a product from a legitimate telemarketer but did not have...]]></description><pubDate>September 21, 2010  4:54 AM</pubDate></item><item><title><![CDATA[What Is a Custodian Bank?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-custodian-bank.html</link><description><![CDATA[ A custodian bank is a type of bank that works hand-in-hand with a financial brokerage or investment company. The custodian bank is in charge of keeping the securities and other investments that are made by the investment company or brokerage.&amp;nbsp; When an individual works with an investment company to buy stocks or bonds, there needs to be a safe place to keep these securities. The investment company will pass these securities onto the custodian bank to retain them while their customers own them. The custodian bank also has to be able to quickly transfer the assets when they are...]]></description><pubDate>September 21, 2010  4:52 AM</pubDate></item><item><title><![CDATA[Definition of a Currency Board]]></title><link>http://www.finweb.com/banking-credit/definition-of-a-currency-board.html</link><description><![CDATA[ Currency board is the term used to describe the financial powers that make certain decisions that affect the value of the national currency. The United States does not have a currency board, but it has a Federal Reserve Bank (or Central Bank) which works differently. Currency boards issue the local legal tender, which is anchored by a stable international currency, such as the British pound, Euro, or U.S. dollar. This system creates a fixed exchange rate and the board must maintain a significant amount of foreign reserves. These reserves are used to stabilize the money supply in the event...]]></description><pubDate>September 21, 2010  4:49 AM</pubDate></item><item><title><![CDATA[Definition of a Community Development Bank]]></title><link>http://www.finweb.com/banking-credit/definition-of-a-community-development-bank.html</link><description><![CDATA[ A community development bank is a financial institution created for the purpose of promoting economic development in regions that generally have low to moderate incomes. These banks offer checking and savings accounts as well as loans, mortgages, credit cards and other retail banking services to those who fall within lower income brackets. In order for a financial institution to become a community development bank, they must be certified by the U.S. Department of the Treasury's Community Development Financial Institutions Fund. The CDFI certifies loan funds, credit unions, banks, and community development venture capital funds in the interest of improving...]]></description><pubDate>September 21, 2010  4:47 AM</pubDate></item><item><title><![CDATA[Explanation of Certified Checks]]></title><link>http://www.finweb.com/banking-credit/explanation-of-certified-checks.html</link><description><![CDATA[ Certified checks are guaranteed by a financial institution with the funds in your own account. To obtain a certified check, as to close on a home, you will need to visit your bank in person and ask the teller to prepare the check. It will include the payee&amp;rsquo;s name, as well as your signature. Account Funds Are Frozen Once you request a certified check, your financial institution will &amp;ldquo;freeze&amp;rdquo; the proper amount of money. This ensures that your check will not bounce. This way, a certified check is just as good as cash. The only difference is that a...]]></description><pubDate>September 21, 2010  4:45 AM</pubDate></item><item><title><![CDATA[The Bill Me Later Payment Method]]></title><link>http://www.finweb.com/banking-credit/the-bill-me-later-payment-method.html</link><description><![CDATA[ The Bill Me Later payment method is a variation of the credit card in which you do not have to register or set up an account with the creditor before making a purchase. With this program, you can shop with many online merchants and then simply choose the Bill Me Later payment option when you checkout. Here are the basics of the Bill Me Later program and how it works. Bill Me Later The Bill Me Later program is a company that is a division of PayPal. With this payment method, you can purchase goods on thousands of different...]]></description><pubDate>September 21, 2010  4:42 AM</pubDate></item><item><title><![CDATA[The Basics of a Banker's Draft]]></title><link>http://www.finweb.com/banking-credit/the-basics-of-a-bankers-draft.html</link><description><![CDATA[ A banker's draft is a type of financial document used by a bank and two parties. A banker's draft ensures that the necessary money in a financial transaction is available. Here are the basics of the banker's draft. Banker's Draft A banker's draft can be used in an arrangement between an individual and a bank. This type of document is also sometimes referred to as a cashier's check. When an individual wants to get a banker's draft, she will work with her financial institution to initiate the process. The individual will ask the financial institution to transfer a certain...]]></description><pubDate>September 21, 2010  4:40 AM</pubDate></item><item><title><![CDATA[Understanding Cash Management Accounts]]></title><link>http://www.finweb.com/banking-credit/understanding-cash-management-accounts.html</link><description><![CDATA[ Cash management accounts are commonly offered to large businesses. These accounts aim to provide a suite of services for a business to make their banking experience more beneficial. In some cases, these accounts are also offered to individuals or small businesses. Here are the basics of cash management accounts and what they have to offer. Sweep Account One of the most prominent features of a cash management account is that it sweeps your money into a special interest-bearing account. Generally, overnight, your money is transferred into a money market mutual fund or a money market account. Then, that money...]]></description><pubDate>September 21, 2010  4:02 AM</pubDate></item><item><title><![CDATA[What Is a Seasoned Trade Line?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-seasoned-trade-line.html</link><description><![CDATA[ A seasoned trade line is a type of credit account that has been used by an individual for a long period of time. This account has remained in good standing throughout the entire term. With seasoned trade lines, a practice called piggybacking is often used in order to improve the credit of other individuals. Here are a few things to consider about seasoned trade lines and piggybacking. Piggybacking When an individual has a credit account in good standing, they could choose to allow another individual to utilize this account in order to improve their own credit. With this type...]]></description><pubDate>September 18, 2010  4:42 AM</pubDate></item><item><title><![CDATA[What Is Ethical Banking?]]></title><link>http://www.finweb.com/banking-credit/what-is-ethical-banking.html</link><description><![CDATA[ Ethical banking is the term that encompasses any banking system that embraces environmentally and socially conscious practices. While the banks still try to earn profits, they try to do it in the way that's consistent with their practices. It is a fairly broad concept that can encompass anything from banks that provide financing to encourage affordable housing to banks that finance the start-up costs for ecologically friendly manufacturers. The key to ethical banking is deciding on the common set of principles and sticking to them no matter what. Understanding Ethical Banking A bank provides a wide variety of services....]]></description><pubDate>September 18, 2010  4:39 AM</pubDate></item><item><title><![CDATA[What Is Islamic Banking?]]></title><link>http://www.finweb.com/banking-credit/what-is-islamic-banking.html</link><description><![CDATA[ Islamic banking is a type of banking is based on the principles of Islamic rules and laws. This type of banking does not adhere to the same practices as traditional banks and only seeks out business transactions that are in conjunction with the guidance of the Koran.&amp;nbsp; Interest With Islamic banking, earning interest is forbidden. They prefer to interest as &quot;riba&quot; which means that someone is receiving something without providing anything to the other party. They look at this as unnecessary and they do not pay interest on savings accounts or charge interest on most types of loans.&amp;nbsp; Investing...]]></description><pubDate>September 18, 2010  4:16 AM</pubDate></item><item><title><![CDATA[What Is a Sweep Account?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-sweep-account.html</link><description><![CDATA[ A sweep account is a type of bank account that is used by many businesses and is offered by most commercial banks. This type of account is designed to be a go between with a cash account for business purposes and an investment account. This type of account can be very beneficial to businesses as it provides them with flexibility and profitability. Sweep Account When a business sets up a new business checking account, they may be interested in earning interest on their money. However, with current banking rules, banks cannot pay any type of interest on a business...]]></description><pubDate>September 17, 2010  5:31 AM</pubDate></item><item><title><![CDATA[What the Electronic Fund Transfer Act Means to You]]></title><link>http://www.finweb.com/banking-credit/what-the-electronic-fund-transfer-act-means-to-you.html</link><description><![CDATA[ The Electronic Fund Transfer Act is a legislation that was enacted in order to establish rules concerning the electronic fund transfer system. These rules were ultimately designed to protect the consumer. This legislation covers a number of ways that this can directly affect the consumer. Errors With an electronic fund transfer, money will be transferred automatically from one bank account to another. While this system is relatively safe and accurate, it can lead to mistakes. If you notice that something is wrong in your account, you need to contact your financial institution immediately. According to the rules, you have...]]></description><pubDate>September 17, 2010  5:12 AM</pubDate></item><item><title><![CDATA[What to Do when You Notice an Electronic Fund Transfer Error]]></title><link>http://www.finweb.com/banking-credit/what-to-do-when-you-notice-an-electronic-fund-transfer-error.html</link><description><![CDATA[ The electronic fund transfer system is used by every bank in the financial industry today. This system allows individuals to transfer money electronically from their bank account to another account with the use of a debit card, online or bill pay. While this system is commonly used, and is generally effective, it does have errors, from time to time. Here are a few things for you to consider when you notice a mistake with an electronic fund transfer. Electronic Fund Transfer&amp;nbsp; The EFT system is one of the most common ways that payments are made today and chances are...]]></description><pubDate>September 17, 2010  5:10 AM</pubDate></item><item><title><![CDATA[How to Identify Phishing Scams]]></title><link>http://www.finweb.com/banking-credit/how-to-identify-phishing-scams.html</link><description><![CDATA[ Phishing scams are designed to access your account information and take advantage of you. These scams are very common and many people are taken advantage of by them every year. Here are the basics of how to identify phishing scams and stay away from them. What Is a Phishing Scam? A phishing scam is an Internet scam that is used in order to try to obtain your login information for a financial institution. Most of the time, a scam artist is going to set up a webpage or an e-mail that looks exactly like what you would receive from...]]></description><pubDate>September 17, 2010  4:44 AM</pubDate></item><item><title><![CDATA[Learn the Basics of ACH Debit Programs]]></title><link>http://www.finweb.com/banking-credit/learn-the-basics-of-ach-debit-programs.html</link><description><![CDATA[ ACH debit programs are becoming very common in today's banking system. This type of payment can provide you with a number of benefits. The term ACH stands for Automated Clearing House. With this system, money can be transferred from one bank account to another, without using a check or debit card. Large numbers of transactions are processed every day through the Automated Clearing House system. Every bank now uses this system for a large number of their transactions. Examples There are many different types of transactions that would fit into the category of an ACH transaction. For example, when...]]></description><pubDate>September 17, 2010  4:42 AM</pubDate></item><item><title><![CDATA[Setting Up Automatic Online Bill Pay]]></title><link>http://www.finweb.com/banking-credit/setting-up-automatic-online-bill-pay.html</link><description><![CDATA[ Automatic online bill pay offers an easy and convenient way to pay your bills. It saves you money because you do not have to pay for the costs of stamps and checks. Many banks offer online bill pay for a monthly service charge. Setting Up Automatic Payments Through Your Bank The bill pay allows you to submit payments to any company that accepts electronic payments. Have all your bills in front of you when you are setting up your payments. You will need to provide the company name, address, phone number, your company account number, and the amount of...]]></description><pubDate>September 17, 2010  4:39 AM</pubDate></item><item><title><![CDATA[How to Use Direct Deposit]]></title><link>http://www.finweb.com/banking-credit/how-to-use-direct-deposit.html</link><description><![CDATA[ A direct deposit allows for your employer to electronically deposit your pay check into your banking account. Instead of receiving a live check at the end of each pay period, your funds will go directly in your checking account. Direct deposit is convenient since you will no longer have to walk into a bank and physically deposit your check. Also, the electronic deposits usually arrive faster than a live check. It&amp;rsquo;s not unusual for the electronic funds to arrive in your checking account a day early. Setting Up a Direct DepositYour employer will ask you whether you want to...]]></description><pubDate>September 17, 2010  4:37 AM</pubDate></item><item><title><![CDATA[Link Your Free Checking and Interest Checking Accounts]]></title><link>http://www.finweb.com/banking-credit/link-your-free-checking-and-interest-checking-accounts.html</link><description><![CDATA[ Enjoy the best of both worlds when you link&amp;nbsp;a free checking account to an online interest checking account. You&amp;rsquo;ll reap the benefits of a high Annual Percentage Yield (APY) through your interest checking account, without having to upgrade your free checking to a premium account. Online banks can boast these higher APY&amp;rsquo;s since their overhead costs are much lower than that of a brick and mortar bank. Since free checking accounts have little to no earned interest, linking an interest bearing account will be to your advantage. The Benefits of an Online Bank The emergence of online banking has...]]></description><pubDate>September 17, 2010  4:35 AM</pubDate></item><item><title><![CDATA[The Effective Annual Rate (EAR)]]></title><link>http://www.finweb.com/banking-credit/the-effective-annual-rate-ear.html</link><description><![CDATA[ Think effective annual rate synonymously with compounding of interest rates. This effective annual rate (EAR) can be defined mathematically. Although, we can save the formula from the article for the interest of explanation of the meaning of compounding growth. Essentially, the compounding of interest is the accelerated earning of a sum of money. Ensuing years from time of initial investment increases the rate of interest earned because the principal sum is becoming larger. This increasing sum of money being added to the account makes in the interest payment larger each year. The method of exponential compounding has been described...]]></description><pubDate>September 17, 2010  4:32 AM</pubDate></item><item><title><![CDATA[What Is Your Annual Percentage Yield?]]></title><link>http://www.finweb.com/banking-credit/what-is-your-annual-percentage-yield.html</link><description><![CDATA[ Annual percentage yield (APY) is the total interest charged on an account taking into account the affect of compounding rates. Compounding is a word used to describe the way interest can be charged on interest. For example, when you do not pay your credit card bill, the interest that you are charged rolls over into the next payment, and interest is again charged on this amount. Using this example, you can see why it is important to calculate APY and not just the interest rate on all of your financial accounts. Calculating APY To calculate APY, you will need...]]></description><pubDate>September 17, 2010  4:30 AM</pubDate></item><item><title><![CDATA[4 Disadvantges of Online Bank Accounts]]></title><link>http://www.finweb.com/banking-credit/4-disadvantges-of-online-bank-accounts.html</link><description><![CDATA[ Online bank accounts have become very common in recent years. Certain banks have started to do all of their business online. If you are considering going to an online bank account, there are a few drawbacks that you will need to be aware of. Here are a few of the disadvantages of online bank accounts. 1. Deposit Method One of the biggest problems with online bank accounts is that they are difficult to deposit money into. With a traditional bank account, you can simply go to your bank and hand them a check or cash. They will typically post...]]></description><pubDate>September 17, 2010  4:28 AM</pubDate></item><item><title><![CDATA[Introduction to Islamic Investments]]></title><link>http://www.finweb.com/banking-credit/introduction-to-islamic-investments.html</link><description><![CDATA[ Islamic investments are investments that fall in line with the principles of Islamic banking. Islamic banking, in turn, is banking that follows the rules of Shariah--the sacred law of Islam. The rules of Islamic banking prohibited most of the financial practices that led to the collapse of the housing bubble and the subsequent financial crisis. As the result, Islamic investments fared better than other investments. Investors throughout the world are looking at this form of investing with new interest. Making Islamic investments has its own, unique challenges, but so long as investors understand what they are, they should be...]]></description><pubDate>September 17, 2010  4:21 AM</pubDate></item><item><title><![CDATA[4 Different Kinds of Islamic Mortgages]]></title><link>http://www.finweb.com/banking-credit/4-different-kinds-of-islamic-mortgages.html</link><description><![CDATA[ Islamic mortgage loans strictly follow the rules set by Islam. As a result, these loans do not charge for interest. Here are four kinds of Islamic mortgages.1. Ijarah or IjaraThis type of home loan is similar to the lease-to-own concept. The borrower signs a lease agreement with the loan provider which, in turn, will buy the property that the borrower wants to acquire. Under the contract, the borrower has the right to occupy the property and the obligation to provide regular payments, including rent and partial payment for the property. After the purchase price is completely paid, the title...]]></description><pubDate>September 17, 2010  4:18 AM</pubDate></item><item><title><![CDATA[What Is an Islamic Mortgage?]]></title><link>http://www.finweb.com/banking-credit/what-is-an-islamic-mortgage.html</link><description><![CDATA[ An Islamic mortgage is a type of loan that is utilized by individuals that practice the Islam faith. If you practice the Islam faith, you have to handle your financial transactions differently than those outside of the religion. Because of this, you cannot take on large amounts of debt. This belief is what the principles of an Islamic mortgage are based on. Islamic Mortgage Because of this belief system, Muslims are not allowed to take on large amounts of debt. However, in order to purchase a house, most people are going to need more money than they have in...]]></description><pubDate>September 17, 2010  4:16 AM</pubDate></item><item><title><![CDATA[Contrasting Mudaraba, Musharaka and Istisnaa Certificates]]></title><link>http://www.finweb.com/banking-credit/contrasting-mudaraba-musharaka-and-istisnaa-certificates.html</link><description><![CDATA[ Mudaraba, Musharaka and Istisnaa are three of the more common types of&amp;nbsp;investment contracts&amp;nbsp;found in Islamic banking.&amp;nbsp; Each investor involved gets a certificate that signifies they are entitled to the portion of the profits generated from those investments. Each certificate has their own unique features that offer a number of advantages and potential pitfalls. Furthermore,&amp;nbsp;profit and loss is handled&amp;nbsp;differently in those&amp;nbsp;investment contracts that it would in the investment contracts found in other forms of banking. This leaves a direct impact on the investor's bottom line. Understanding Islamic Banking Like other aspects of Islamic banking, Mudaraba, Musharaka and Istisnaa certificates must...]]></description><pubDate>September 17, 2010  4:14 AM</pubDate></item><item><title><![CDATA[Understanding Islamic Bonds]]></title><link>http://www.finweb.com/banking-credit/understanding-islamic-bonds.html</link><description><![CDATA[ Islamic bonds are a type of security that work differently than traditional bonds. They are also referred to as Sukuk. This is a term that essentially means financial certificate in Arabic. Islamic bonds are not used in the same way that traditional bonds are used. Under Islamic law, the charging of interest is strictly prohibited. Therefore, you cannot receive interest from this type of bond. Because of this, they will structure the bond differently so that they can adhere to Islamic rules. Currently, Islamic principles govern over a large portion of assets in the world. There is over $1...]]></description><pubDate>September 17, 2010  4:11 AM</pubDate></item><item><title><![CDATA[Islamic Financial Terms]]></title><link>http://www.finweb.com/banking-credit/islamic-financial-terms.html</link><description><![CDATA[ Islamic finance refers to the structure of financial transactions and instruments that operate according to Shariah (Muslim law) in order to serve and satisfy Muslims in banking and other financial systems. Now (in 2010), almost $200 billion of funds around the world are managed by Islamic financial institutions. Islamic financial institutions and banks provide services like loans for business and house construction, project funding and Hajj (pilgrimage to Mecca) service. It has been predicted that the Islamic financial market will grow at the rate of 15 percent per year over the next decade. Terms used in Islamic finance include...]]></description><pubDate>September 17, 2010  4:09 AM</pubDate></item><item><title><![CDATA[5 Types of Credit Enhancement]]></title><link>http://www.finweb.com/banking-credit/5-types-of-credit-enhancement.html</link><description><![CDATA[ Credit enhancement is a term that is used to describe a financial process that is designed to lower the risk of securities for investors. This process is critical to credit rating agencies when they are coming up with ratings for particular investments. Here are a few of the different types of credit enhancement that are available. 1. Excess Spreads Excess spreads is net interest that is left over after all expenses are covered with an asset backed securities. This type of extra interest can be deposited into a separate account in order to provide extra assurances on an investment....]]></description><pubDate>September 14, 2010  4:07 AM</pubDate></item><item><title><![CDATA[The Basics of a Credit Freeze]]></title><link>http://www.finweb.com/banking-credit/the-basics-of-a-credit-freeze.html</link><description><![CDATA[ A credit freeze helps prevent consumer identity theft and credit fraud. A credit freeze is either permanent or temporary and the fees for a credit freeze can vary by state. Identity theft occurs when someone uses another person's identity through his personal information. This includes the use of a driver's license number, social security number, address and other unique personal information. Identity Theft and Credit Fraud Knowingly using another person's credit information, with the intent to defraud and obtain something of value is credit fraud. Examples of credit fraud include the unauthorized use of a person's credit card, the...]]></description><pubDate>September  2, 2010  4:23 AM</pubDate></item><item><title><![CDATA[Explanation of Individual Development Accounts]]></title><link>http://www.finweb.com/banking-credit/explanation-of-individual-development-accounts.html</link><description><![CDATA[ Individual Development Accounts (IDA) are part of savings programs for low-income families that matches contributions dollar for dollar. The tax-free matching dollars come from government agencies, private funds, local businesses or charities. The IDA savings program is to assist participants with the purchase of an asset that can help bring them financial stability. Program Guidelines The IDA program was developed to provide an opportunity for low-income families to build financial security through financial assistance and education. Offered through local nonprofits called sponsoring agencies, some IDA programs will match up to $3 for every $1 that is saved. To prepare...]]></description><pubDate>August 31, 2010  4:00 AM</pubDate></item><item><title><![CDATA[What Is a Passbook Savings Account?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-passbook-savings-account.html</link><description><![CDATA[ A passbook savings account is a more&amp;nbsp;traditional way of saving. Today's modern banking offers many types of savings accounts with on line features and on line banking. But if you want to keep it simple, or if&amp;nbsp;you like to&amp;nbsp;stick with traditional methods, a passbook savings account could be right for you. What Is a Passbook Savings Account? A passbook savings account is an account that comes with a ledger where you record every transaction. You would write down every deposit, withdrawal and interest accrual in the ledger and balance it it to see how much money is in the...]]></description><pubDate>August 31, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Benefits and Risks of Cash Back Credit Cards]]></title><link>http://www.finweb.com/banking-credit/benefits-and-risks-of-cash-back-credit-cards.html</link><description><![CDATA[ Cash back credit cards reward your purchases by cutting you a check in a given amount each month or year. The check represents a portion of all the purchases you made on the card. If you use your card a lot, this check can be issued in a very substantial amount, which greatly incentivizes your spending on the card. While this is beneficial in many regards, it can also be a spending trap for people who are not disciplined with their credit. Pro: Flexible Reward System With a number of credit cards, the reward you receive is set. For...]]></description><pubDate>August 31, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Pros and Cons of Stored Value Cards]]></title><link>http://www.finweb.com/banking-credit/pros-and-cons-of-stored-value-cards.html</link><description><![CDATA[ A stored value card is like a universal gift card. It is issued in a given amount of money, and it is not associated with any individual name or person. Instead, this card can be used at any time in order to make a purchase; it is like cash. With a prepaid card, the individual holding the card physically deposits money into an account. The person's name is on the card, and the magnetic strip on the card accesses the account in this same person's name. A stored value card is totally independent from any bank account, giving it...]]></description><pubDate>August 31, 2010  4:00 AM</pubDate></item><item><title><![CDATA[What Is a Stored Value Card?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-stored-value-card.html</link><description><![CDATA[ A stored value card is a type of card that is commonly used in the financial industry today. With this type of card, a monetary balance is stored on the card instead of in a financial system. The card has a special strip on it that keeps track of important financial information such as the balance on the card. Here are the basics of stored value cards and how they are used. Stored Value Cards With this type of card, all of the information pertaining to the financial balance of the account is stored on the card itself. This...]]></description><pubDate>August 31, 2010  4:00 AM</pubDate></item><item><title><![CDATA[A Look at Charge Cards]]></title><link>http://www.finweb.com/banking-credit/a-look-at-charge-cards.html</link><description><![CDATA[ Did you know that there is a difference between charge cards and credit cards? These terms are often used interchangeably by those who are unsure of what each type of card has to offer. Generally speaking, a charge card is a plastic card, just like a credit card, that gives you the ability to make purchases without cash. The company that issues the card and the cardholder have an agreement that the debt on the account will be paid in full by the due date. If it is not, late fees and other restrictions may be imposed. Where It...]]></description><pubDate>August 31, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Explanation of Affinity Credit Cards]]></title><link>http://www.finweb.com/banking-credit/explanation-of-affinity-credit-cards.html</link><description><![CDATA[ Affinity credit cards are offered by most major credit card companies today. This type of card is offered to individuals that have an affinity to a specific organization or group. The group provides this type of card as an incentive for members and as a way to generate money for the group itself. Here are the basics of the affinity credit card. Affinity Credit Card There are many different organizations that have affinity credit cards for their members. Typically, you will see a credit card with a logo of the organization on it with this type of card. Members...]]></description><pubDate>August 31, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Overview of Remote Deposit]]></title><link>http://www.finweb.com/banking-credit/overview-of-remote-deposit.html</link><description><![CDATA[ Remote deposit is a system that allows a business or individual to deposit a check without actually going to a bank. This method is becoming more common thanks to advancements in technology and the legislation to put it in place. Here are the basics of remote deposit. Remote Deposit With remote deposit, a check can be scanned or have a digital image taken of it and sent to the bank. The bank receives the digital scan or image of the check and then processes it exactly as it would any other check. The amount of the check will then...]]></description><pubDate>August 31, 2010  4:00 AM</pubDate></item><item><title><![CDATA[A Look at Mutual Savings Banks]]></title><link>http://www.finweb.com/banking-credit/a-look-at-mutual-savings-banks.html</link><description><![CDATA[ Mutual savings banks are a type of bank that is designed to provide benefits to the account holders in the bank. This type of bank is set up differently from a traditional bank. Here are the basics of the mutual savings bank and what it provides to account holders. Mutual Savings Banks A mutual savings bank is a type bank that is owned by the account holders in the bank. If you open an account with a mutual savings bank, you are going to be considered a partial owner in the bank. With a traditional bank, shareholders are going...]]></description><pubDate>August 30, 2010  6:12 PM</pubDate></item><item><title><![CDATA[Overview of Financial Inclusion]]></title><link>http://www.finweb.com/banking-credit/overview-of-financial-inclusion.html</link><description><![CDATA[ Financial inclusion is the belief that all members of a society should have access to basic banking services including checking, credit and savings. Individuals in the low income class often become excluded from the banking sector. They are unable to meet the demands placed on individuals who participate in the banking system such as permanent residence, good credit behavior or the ability to maintain account balances. Setting up a banking system that included these individuals became international policy of the United Nations in 2003 with the statement of goals of Inclusive Finance.&amp;nbsp; Four Goals of Financial Inclusion Then UN...]]></description><pubDate>August 30, 2010  6:10 PM</pubDate></item><item><title><![CDATA[A Look at Christmas Clubs]]></title><link>http://www.finweb.com/banking-credit/a-look-at-christmas-clubs.html</link><description><![CDATA[ Christmas clubs have been around since the early twentieth-century. Over the years, though, they have become less popular. With that being said, there are still many institutions that offer Christmas club accounts. Along with this, there are millions of people who take full advantage of them. The concept of Christmas clubs is simple: financial institution customers deposit money every week or month throughout the year into a special account. At the end of the year, the money is given back to them for Christmas shopping&amp;ndash;this is where the name comes from. Christmas Club Advantages The main benefit of Christmas...]]></description><pubDate>August 30, 2010  6:09 PM</pubDate></item><item><title><![CDATA[5 Tips on Fighting Friendly Fraud]]></title><link>http://www.finweb.com/banking-credit/5-tips-on-fighting-friendly-fraud.html</link><description><![CDATA[ Friendly fraud is a phenomenon that is taking place due to relaxed credit card company policies. This occurs when an individual purchases something with a credit card and then cancels the transaction with the credit card company. The consumer usually gets to keep the product and avoid paying for it. Here are a few tips on fighting friendly fraud for your business. 1. Require Signature If you are selling a physical product, you need to require a signature once your customer receives the product. Even if the customer purchases it online, when you ship it, you should ask him...]]></description><pubDate>August 30, 2010  6:09 PM</pubDate></item><item><title><![CDATA[4 Dangers of a Gas Rebate Credit Card]]></title><link>http://www.finweb.com/banking-credit/4-dangers-of-a-gas-rebate-credit-card.html</link><description><![CDATA[ Using a gas rebate credit card can provide you with a way to save some money on your gas charges. However, using this type of card could be responsible for several financial dangers. Here are some of the dangers of using a gas rebate credit card. 1. Higher Interest Rates One of the big problems with this type of card is that the interest rates are typically going to be higher than a traditional credit card. This means that you think you are going to be saving money on gas when really you are going to be paying the...]]></description><pubDate>August 30, 2010  6:08 PM</pubDate></item><item><title><![CDATA[The Basics of Video Banking]]></title><link>http://www.finweb.com/banking-credit/the-basics-of-video-banking.html</link><description><![CDATA[ Video banking is a service that has emerged in the banking industry and can provide customers with a great deal of convenience. There are many different types of video banking systems that are currently being used by banks across the world. Here are the basics of video banking. Video banking is a type of banking that is done over a video feed. The banking customer will have access to a video screen that provides a live feed of a bank employee. The customer and the bank employee will be able to communicate over the video feed because there is...]]></description><pubDate>August 30, 2010  6:08 PM</pubDate></item><item><title><![CDATA[The Check 21 Act]]></title><link>http://www.finweb.com/banking-credit/the-check-21-act.html</link><description><![CDATA[ The Check 21 Act is a federal law that allows financial institutions to make electronic images of checks in order to process them. Prior to the Check 21 Act, checks were processed manually and would be delayed 2 to 3 days for the travel between plane to bank. The processing time was slower and it was costly to process the checks. This improvement on check processing has allowed the banks to be faster and more efficient. Impact The Check 21 Act affects consumers in several ways. First, consumers no longer receive their canceled checks. Consumers now received substitute checks,...]]></description><pubDate>August 30, 2010  6:08 PM</pubDate></item><item><title><![CDATA[The Too Big to Fail Debate]]></title><link>http://www.finweb.com/banking-credit/the-too-big-to-fail-debate.html</link><description><![CDATA[ &quot;Too big to fail&quot; is a very controversial phrase. It is used to refer to banks those collapse would create devastating financial consequences for a large number of Americans and make the struggling economy even worse. While some economists and legislators argued that too big to fail banks ultimately benefit the economy, others argued that they pose too much risk.&amp;nbsp; President Obama's administration has tried to mitigate a middle ground between the two theories. Understanding Too Big to Fail Debate During the first decade of the 21st century, the expansion in home ownership created a housing boom. It was...]]></description><pubDate>August 30, 2010  6:08 PM</pubDate></item><item><title><![CDATA[A Look at the Too Big to Fail Theory]]></title><link>http://www.finweb.com/banking-credit/a-look-at-the-too-big-to-fail-theory.html</link><description><![CDATA[ The term &quot;too big to fail&quot; became part of the national vernacular following the market crash of 2007. Various institutions, perhaps most notably the insurance giant AIG,&amp;nbsp;were bailed out by a large government incentive paid for through US tax dollars and federal debt. The justification for this bailout was simple: if capitalism were allowed to run its course without government intervention, these large entities would collapse, posing considerable risk to the entire infrastructure of the macro economy of the US. Although many policy makers believe the bail out was necessary and subscribe to the belief some institutions are simply...]]></description><pubDate>August 30, 2010  6:07 PM</pubDate></item><item><title><![CDATA[An Explanation of the Volcker Rule]]></title><link>http://www.finweb.com/banking-credit/an-explanation-of-the-volcker-rule.html</link><description><![CDATA[The Volcker Rule is a proposed law first proposed by Economist Paul Volcker, former Federal Reserve Chairman, and endorsed by President Barack Obama. It limits the ability for commercial banks to engage in speculative trading. The Volcker Rule would end all &quot;Investment Banks,&quot; making banks choose between servicing retail customers or investing in the market. Banks would still be able to invest on behalf of clients, but they would be restricted from owning or investing in hedge funds, private equity funds or exposing themselves to other types of liabilities.Reason for the Volcker RuleThe Volcker Rule was first proposed in January...]]></description><pubDate>August 30, 2010  6:07 PM</pubDate></item><item><title><![CDATA[5 Reasons to Change Banks]]></title><link>http://www.finweb.com/banking-credit/5-reasons-to-change-banks.html</link><description><![CDATA[ Sometimes it may be necessary to change banks in order to get the type of services that you need. Here are a be reasons that you might want to consider changing banks. 1 - Fees One of the most common reasons that people change banks is because of the fees that are charged. Many banks today charge fees for everything that they do. They will charge you NSF fees, inactivity fees, ATM fees, and a host of other things. These fees can add up to a large amount if you are not careful. Some banks charge more than others...]]></description><pubDate>August 13, 2010  4:02 AM</pubDate></item><item><title><![CDATA[Choosing a Good Small Business Bank]]></title><link>http://www.finweb.com/banking-credit/choosing-a-good-small-business-bank.html</link><description><![CDATA[ Many businesses may choose to work with a small business bank. There can be many benefits to working with a small business bank. However, there can be many factors that you should consider before you make this final decision. Questions to Consider How much will this bank require you to keep as a minimum in each account? Will this amount be easy for you maintain? Does this bank offer enough branches to meet your current needs? What if your business expands? Does this bank offer any international branches? This could be a consideration that you may need later if...]]></description><pubDate>August 13, 2010  4:00 AM</pubDate></item><item><title><![CDATA[4 Reasons You Might be Overdrawn]]></title><link>http://www.finweb.com/banking-credit/4-reasons-you-might-be-overdrawn.html</link><description><![CDATA[ Being overdrawn on your checking account can sometimes come as a surprise, especially when you&amp;rsquo;re absolutely certain there is enough money in your account to cover your purchase. Not only will you will be charged an overdrawn fee for your initial purchase, but also for every subsequent purchase or withdrawal made while your account is bare. An overdrawn account is usually an oversight of the account holder, however, there are factors sometimes beyond a consumer&amp;rsquo;s control that can cause an account to be overdrawn. Here are 4 reasons you might be overdrawn and how to decrease your chances of...]]></description><pubDate>August  4, 2010  4:18 AM</pubDate></item><item><title><![CDATA[The Basics of the Automated Clearing House]]></title><link>http://www.finweb.com/banking-credit/the-basics-of-the-automated-clearing-house.html</link><description><![CDATA[ It is estimated that 43 percent of all US households use Automated Clearing House (ACH) to submit payment on their bills.&amp;nbsp; ACH is a network that links financial institutions for electronic fund transfers throughout the United States. Employers and government agencies also use ACH to deposit pay checks and benefits into consumer checking accounts. How ACH Works The Federal Reserve and The Electronic Payments Association (NACHA) regulate the ACH system. Whether funds are being received into or transferred out of an account, the account holder needs to allow the ACH system to access it.&amp;nbsp;A bank may not issue an...]]></description><pubDate>August  4, 2010  4:16 AM</pubDate></item><item><title><![CDATA[Understanding the Truth In Savings Act]]></title><link>http://www.finweb.com/banking-credit/understanding-the-truth-in-savings-act.html</link><description><![CDATA[ The Truth in Savings Act is a law that was put into place in 1991. This law was designed to help individuals that use banking services. Here are the basics of the Truth in Savings Act and how it can benefit you as a consumer. Truth in Savings Act The main objective with the Truth in Savings Act is to provide more information to the consumer. When you open any type of account with a bank or another financial institution, the institution is&amp;nbsp;going to be obligated to provide you with detailed information about the account. For example, they are...]]></description><pubDate>July 30, 2010  4:10 AM</pubDate></item><item><title><![CDATA[Overview of the Electronic Funds Transfer Act]]></title><link>http://www.finweb.com/banking-credit/overview-of-the-electronic-funds-transfer-act.html</link><description><![CDATA[ The Electronic Funds Transfer Act is legislation that deals with the process of electronic funds transfers. Most of the banking system today deals with electronic funds transfers instead of paper checks. Here are the basics of the Electronic Funds Transfer Act and what it tells consumers. Electronic Funds Transfer Act The Electronic Funds Transfer Act is legislation that was passed in 1978. This legislation was passed in order to govern over the growing number of transactions that occurred through electronic funds transfers. Electronic funds transfers can include any number of types of transactions. For example, when you use your...]]></description><pubDate>July 30, 2010  4:08 AM</pubDate></item><item><title><![CDATA[4 Things to Watch Out for with Custodial Accounts]]></title><link>http://www.finweb.com/banking-credit/4-things-to-watch-out-for-with-custodial-accounts.html</link><description><![CDATA[ Custodial accounts are basically held in trust by trustees or custodians on behalf of the actual beneficiaries. Typically, an account with a bank, mutual fund, or brokerage company can be classified as a custodial account if it is managed by a parent or guardian for the benefit of a child who is still a minor or below the age of 18 or 21 years, as determined by state laws.When setting up custodial accounts, you must always consider the dollar amount of the accounts that you want to set up. A small account should not cause you any worries, but...]]></description><pubDate>June 20, 2010  4:39 AM</pubDate></item><item><title><![CDATA[What is a Custodial Account?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-custodial-account.html</link><description><![CDATA[ A custodial account is a type of bank account that you can set up in order to assist a minor financially. Here are the basics of a custodial account and how they work. Custodial Account A custodial account is a type of account that you can set up that nearly any financial institution. With this type of account, you can set up a way to save money for one of your children or a grandchild. While the child is still young, you are going to be the administrator of the account. You can deposit as much money as you...]]></description><pubDate>June 20, 2010  4:37 AM</pubDate></item><item><title><![CDATA[Pros &amp; Cons of a Custodial Account]]></title><link>http://www.finweb.com/banking-credit/pros-cons-of-a-custodial-account.html</link><description><![CDATA[ The custodial account is a type of financial account that you can set up for a child. This type of account carries with it some advantages and disadvantages. Here are a few of the pros and cons of using a custodial account. Pros One of the biggest advantages of this type of account is that it is easy to set up. You should be able to set one of these accounts up at any bank or financial institution that you choose. You will be able to visit the bank and fill out some basic paperwork in order to get...]]></description><pubDate>June 20, 2010  4:35 AM</pubDate></item><item><title><![CDATA[What Is Identity Theft?]]></title><link>http://www.finweb.com/banking-credit/what-is-identity-theft.html</link><description><![CDATA[ Identity theft is one of the most common crimes in the world today. Many individuals have fallen victim to identity theft and it can effectively ruin your financial life in some cases. Here are the basics of identity theft and what it could mean to you as an individual. Identity Theft Identity theft can mean a number of different things. However, in all of the possible scenarios, someone else is trying to utilize your identity in order to better themselves financially. When this happens, they are going to potentially hurt your credit and your financial resources. Examples One of...]]></description><pubDate>May 15, 2010  4:06 AM</pubDate></item><item><title><![CDATA[What Happens to Your Credit Score after Marriage?]]></title><link>http://www.finweb.com/banking-credit/what-happens-to-your-credit-score-after-marriage.html</link><description><![CDATA[ Your credit score determines your eligibility for new credit and loans. It may also affect your insurance rates and career opportunities. Many individuals have concerns about how their credit scores will be affected once they get married. Luckily, your spouse&amp;rsquo;s credit only impacts you in certain situations. Your Credit Report after Marriage The information contained in your credit report determines your credit score. Getting married, however, has no direct effect on your credit report. Your spouse&amp;rsquo;s credit report will also remain unaffected by the marriage itself.If you opt to change your name after your wedding, your new name will...]]></description><pubDate>May 15, 2010  4:04 AM</pubDate></item><item><title><![CDATA[Determining Your Business Line Of Credit Limit]]></title><link>http://www.finweb.com/banking-credit/determining-your-business-line-of-credit-limit.html</link><description><![CDATA[ A business line of credit limit, similar to any loan limit, will depend on the financial solvency of the business applying. You can establish your solvency through good business credit, a high total of assets and low liabilities. To determine the credit line available to your business, consider your record in these three areas. Developing Good Business Credit An incorporated business will have a credit score, just as an individual does. To get started in developing good business credit, you must assure the business is legally incorporated and registered at the business address. Lenders, bankers and other vendors can...]]></description><pubDate>May 14, 2010  4:00 AM</pubDate></item><item><title><![CDATA[5 Reasons Not to Mix Personal and Business Banking]]></title><link>http://www.finweb.com/banking-credit/5-reasons-not-to-mix-personal-and-business-banking.html</link><description><![CDATA[ Many individuals choose to freely mix their personal and business banking together. While this can be done, it can lead to a host of problems in your financial life. Here are a few reasons to consider not mixing your personal and business banking together. 1. Hobby Business Many individuals choose to get involved in hobby businesses. This means that they are not necessarily trying to get rich with this business and never, but it is something that they are interested in and enjoy working with. Whenever you are dealing with a hobby business, you may not bring in very...]]></description><pubDate>May 12, 2010  4:51 AM</pubDate></item><item><title><![CDATA[What Is a Balance Transfer?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-balance-transfer.html</link><description><![CDATA[ The balance transfer is a transaction that commonly takes place in the financial world. With many different types of accounts, you could potentially utilize a balance transfer at some point. Here are the basics of the balance transfer and how it works. Credit Cards One of the most common types of balance transfers available is with credit cards. This is when you open a new credit card and transfer your existing balance from an old credit card. This can be done by contacting your new credit card company and asking them to transfer the balance for you. This is...]]></description><pubDate>May 11, 2010  4:27 AM</pubDate></item><item><title><![CDATA[Safest Methods when Paying Online]]></title><link>http://www.finweb.com/banking-credit/safest-methods-when-paying-online.html</link><description><![CDATA[ When paying online, many people are afraid of identity theft taking place. This is a valid concern, as it does happen on a regular basis. However, there are some methods of payment that are safer than others when it comes to making purchases online. Here are some of the safest methods of paying online. Debit Cards Many people utilize debit cards when making purchases online. This is a common strategy, and it does offer you some safety features. It is becoming increasingly difficult for thieves to steal your debit card number with the protection that is offered by many...]]></description><pubDate>May  7, 2010  4:19 AM</pubDate></item><item><title><![CDATA[Store Cards Can Hurt Your Credit Score]]></title><link>http://www.finweb.com/banking-credit/store-cards-can-hurt-your-credit-score.html</link><description><![CDATA[ Utilizing store cards can be a good way to get discounts on merchandise. However, using store cards can also hurt your credit in the long run. Here are a few ways that store credit cards can hurt your credit score. Numerous Inquiries One way that these cards can hurt your credit score is through multiple credit inquiries. Many individuals choose to go from one store to the next and apply for a store credit card with each of them. When you do this, each retailer is going to do a credit inquiry into your credit file. If you have...]]></description><pubDate>May  7, 2010  4:16 AM</pubDate></item><item><title><![CDATA[Identity Theft: 5 Steps to Take if You've Become a Victim]]></title><link>http://www.finweb.com/banking-credit/identity-theft-5-steps-to-take-if-youve-become-a-victim.html</link><description><![CDATA[ Identity theft is one of the most common crimes in today's society. Here are some of the most important steps to take if you have become a victim of identity theft. 1. Notify Financial Institutions One of the first things that you will need to do is notify your financial institutions. This is especially true if you believe that someone has acquired your debit or credit card information. For example, if someone is using your debit card, you want to contact your bank immediately. Ask to speak to someone in the fraud department and tell him or her exactly...]]></description><pubDate>May  6, 2010  4:14 AM</pubDate></item><item><title><![CDATA[How to Avoid Becoming a Victim of Identity Theft on Vacation]]></title><link>http://www.finweb.com/banking-credit/how-to-avoid-becoming-a-victim-of-identity-theft-on-vacation.html</link><description><![CDATA[ When it comes to identity theft, knowing how to avoid becoming a victim on vacation is very important. Many identity theft cases occur when people are away from their homes on trips. Here are the basics of how to successfully avoid becoming a victim of identity theft while you are on vacation. Pin-Based ATM When you are traveling, you should consider using only a pin-based ATM card. By taking your pin-based ATM card, you will provide yourself with an extra layer of protection against identity theft. You are going to be the only one who knows your pin number....]]></description><pubDate>May  5, 2010  4:21 AM</pubDate></item><item><title><![CDATA[How to Report Identity Theft]]></title><link>http://www.finweb.com/banking-credit/how-to-report-identity-theft.html</link><description><![CDATA[ If you are the victim of an identity theft, report the incident as soon as you possibly can. If you act quickly, you will potentially be able to limit some of the damage that could be done. Here are the basics of how to report identity theft effectively. Notify the Authorities The first thing that you will need to do when you discover that someone has committed identity theft is to notify the authorities. You need to call the police in your local area immediately and tell them what went on. Many police departments are not going to have...]]></description><pubDate>May  5, 2010  4:19 AM</pubDate></item><item><title><![CDATA[How to Detect Identity Theft]]></title><link>http://www.finweb.com/banking-credit/how-to-detect-identity-theft.html</link><description><![CDATA[ For the serious problem of identity theft, knowing how to detect if you have been taken advantage of is a very important skill. Identity theft is one of the most common crimes in the world today. Many people do not even realize that they have been the victims of identity theft until it is too late. Here are the basics of how to detect identity theft. Unknown Charges In order to detect identity theft, you should regularly look at your financial statements in detail. You need to look at every transaction on your bank statements as well as on...]]></description><pubDate>May  4, 2010  4:33 AM</pubDate></item><item><title><![CDATA[Borrowing from Family and Friends to Pay Off Debts]]></title><link>http://www.finweb.com/banking-credit/borrowing-from-family-and-friends-to-pay-off-debts.html</link><description><![CDATA[ Borrowing from family members is often an easy way to get access to the funds that you need. Regardless of what type of project you are undertaking, there is a good chance that you will be able to find a family member that will help you finance it. If you are planning on borrowing from family members, here are a few things to keep in mind. Get it in Writing One of the most important things that you should do when planning to set up a loan between family members is to get it in writing. You need to...]]></description><pubDate>May  3, 2010  4:25 AM</pubDate></item><item><title><![CDATA[3 Tips to Prevent Identity Theft]]></title><link>http://www.finweb.com/banking-credit/3-tips-to-prevent-identity-theft.html</link><description><![CDATA[ In order to prevent identity theft, there are a number of techniques you can use. Here are some of the best tips to ram are when trying to prevent identity theft. 1. Check Statements Many people simply throw their credit card or bank statements in the trash when they get them. Instead of ignoring them, you should pay special attention to what is on them. This way, you will be able to identify if there is any fraudulent activity going on with one of your accounts. 2. Avoid Obvious Passwords Many people use online accounts to access their credit...]]></description><pubDate>May  3, 2010  4:23 AM</pubDate></item><item><title><![CDATA[How Do You Protect Yourself after ID Theft?]]></title><link>http://www.finweb.com/banking-credit/how-do-you-protect-yourself-after-id-theft.html</link><description><![CDATA[ ID theft is one of the most common problems in today's society. Many people are affected by this crime every single day. If you have been a victim of ID theft, there are some changes that you might need to make in your life to avoid future problems. Here are the basics of how to protect yourself after ID theft. Destroy Documents One of the most common ways that criminals access your personal information is by getting their hands on important documents. This happens most often when people throw things away intact. Instead of throwing your bank statements, credit...]]></description><pubDate>May  3, 2010  4:21 AM</pubDate></item><item><title><![CDATA[5 Top Ways to Destroy Your Credit Score]]></title><link>http://www.finweb.com/banking-credit/5-top-ways-to-destroy-your-credit-score.html</link><description><![CDATA[ Your credit score is one of the most important aspect of your financial life. Having a high credit score will allow you to save money on almost everything that you buy. Here are a few of the top ways that you can effectively destroy your credit score. 1. Maxed Out Card Many people today regularly carry maxed out credit cards around. In fact, many people have two or three cards that are completely maxed out. Although making the minimum payments on these cards is bad enough, this can also do significant damage to your credit score. When the credit...]]></description><pubDate>May  3, 2010  4:18 AM</pubDate></item><item><title><![CDATA[What Are The Federal Banking Regulations?]]></title><link>http://www.finweb.com/banking-credit/what-are-the-federal-banking-regulations.html</link><description><![CDATA[ Federal banking regulations are in place to protect the interest of the public. Banking regulators audit, examine and investigate banks and provide information to various government agencies in order to ensure that the banking system is working and to avoid and catastrophic situations from occurring. The bank failures and near collapse of the financial markets in the fall of 2008 has renewed calls for strengthening Federal banking regulations. Although there is no national bank in the United States, the Federal government plays an important role in providing liquidity to the markets and encouraging lending activities. When banks do not...]]></description><pubDate>November 30, 2009  3:30 PM</pubDate></item><item><title><![CDATA[How To Find Bank ATM Locations - Anywhere, Anytime]]></title><link>http://www.finweb.com/banking-credit/how-to-find-bank-atm-locations---anywhere-anytime.html</link><description><![CDATA[ Finding bank ATM locations, anywhere and anytime, can be as easy as the touch of your cell phone.&amp;nbsp;Most banks provide an ATM locator service for their customer base. Ask the Bank for a Map of ATMs When you sign up for an ATM debit or credit card from your bank, it is a good idea to request a map of ATM locations within the city. The bank should also provide you with information concerning required fees for non-network ATMs. Knowing which ATMs charge you additional fees to access your money or pay bill is important to know to avoid...]]></description><pubDate>October 28, 2009  3:47 PM</pubDate></item><item><title><![CDATA[FAQs Regarding A Consumer Credit Licence]]></title><link>http://www.finweb.com/banking-credit/faqs-regarding-a-consumer-credit-licence.html</link><description><![CDATA[ A consumer credit license is required of businesses that conduct a consumer credit counseling business.&amp;nbsp;This requirement is typically handed down by the states in which the consumer credit counseling business is doing business. Frequently asked questions (FAQs) concerning consumer credit counseling businesses and their licensing are as follows: What is a Consumer Credit Counseling Business? A consumer credit counseling business is one that works with consumers to repair their credit.&amp;nbsp;Also known as credit repair services, their primary goal is to work with consumers to help reduce their outstanding debts.&amp;nbsp;Consumer counseling businesses work as a conduit between the debtor and...]]></description><pubDate>October 28, 2009  3:37 PM</pubDate></item><item><title><![CDATA[The Best Business Bank Account For Limited Companies]]></title><link>http://www.finweb.com/banking-credit/the-best-business-bank-account-for-limited-companies.html</link><description><![CDATA[ Setting up a business bank account is necessary for all types of business, whether a business is a partnership, sole proprietorship, C corporation or a limited company, having a bank account is important. It is how bills are paid, vendors reimbursed and employee wages are met. The best business bank accounts for a business like a LLC is a checking account A checking account can be established through a commercial or business bank. The process for setting up the best business bank account involves a few steps that are easy to follow. The steps required to set up a...]]></description><pubDate>October 28, 2009  3:30 PM</pubDate></item><item><title><![CDATA[Finding Security Bank Funds For Small Business Operations]]></title><link>http://www.finweb.com/banking-credit/finding-security-bank-funds-for-small-business-operations.html</link><description><![CDATA[ A security bank, or security savings bank, is a financial institution designed to meet the needs of a small business.&amp;nbsp;The bank can provide the funding for a small business through its loan products. These banks tend to be small community based banks that are state chartered and designed to meet the financing needs of their community. A small business that seeks operations funding will go to a security bank that can best meet its needs.&amp;nbsp;This is accomplished by asking other or similar small businesses in their area to determine which bank is best.&amp;nbsp;A strong referral from a current customer...]]></description><pubDate>October 28, 2009 12:41 PM</pubDate></item><item><title><![CDATA[Bank Regulation: What's Its Effect On The Economy?]]></title><link>http://www.finweb.com/banking-credit/bank-regulation-what-s-its-effect-on-the-economy.html</link><description><![CDATA[A solid system of bank regulation is necessary to ensure that no one bank or financial institution has such a concentrated amount of risk that could prove to be detrimental to the banking and financial system. Many individuals depend on the sound functioning of our banking system in order to pay bills, save, invest, and provide for their future. When banks are unable to fulfill their duties to the economy due to over speculation or poor risk assessment, it is the role of the regulators to step in and right the ship.Need for ChangeChanges are always contemplated to the system...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Breaking Down the Global Business Credit Market]]></title><link>http://www.finweb.com/banking-credit/breaking-down-the-global-business-credit-market.html</link><description><![CDATA[The business credit market refers to the stocks, investment opportunities, loans and credit within a given industry. The credit market can vary greatly, but you can refer to it as a whole by referring to the global or overall business credit market. There are many different types of specialized financial markets. Overall though it is defined as the ability to buy and sell stocks, bonds, precious metals and agricultural goods, bringing them all together into one environment so that they buyers and sellers can find each other.Business CreditsBusiness credit refers to a loan from a bank to a business; it...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Obtaining Capital Business Credit After Government Stimulus Programs]]></title><link>http://www.finweb.com/banking-credit/obtaining-capital-business-credit-after-government-stimulus-programs.html</link><description><![CDATA[Capital business credit goes hand in hand with government stimulus programs. Stimulus programs are put into effect to help struggling economies. When an economy is struggling, banks and lenders tighten their belts and offer fewer loans to consumers. It does not have to do with the lack of wanting to do business but with rather having the money for the loan.Capital Business CreditCapital business credit provides a line of credit for a business. It is based on those businesses actual future earnings. There are credit services as well as factoring services. You can also borrow against capital for business equipment...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Fine Print in a Corporate Credit Accounts Contract]]></title><link>http://www.finweb.com/banking-credit/fine-print-in-a-corporate-credit-accounts-contract.html</link><description><![CDATA[While a corporate credit account is managed somewhat differently than a personal line of credit, the two have the pitfalls of fine print in common, among other things. Before you submit an application for a corporate credit account, study the document closely, and make sure that you understand everything that it includes, or you may be in for some ugly surprises later.Understand Your Credit AccountJust as you need to understand the fine print on any other legal document, a corporate credit account requires you to spend a little time going over the fine print. Typically, the account services company will...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How To Record A Line Of Credit In Accounting]]></title><link>http://www.finweb.com/banking-credit/how-to-record-a-line-of-credit-in-accounting.html</link><description><![CDATA[In general, line of credit accounting is performed the same way as reconciling a bank account or a credit card. All receipts associated with the account are listed, along with any other costs associated with the account, and any payments that have been made against the account are figured in. With a line of credit, there may be several credit cards attached to the account, and each one needs to be monitored carefully.What is a Line of Credit?To understand line of credit accounting, it helps to understand what a line of credit is, and how it works. The application for...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Much Are Taxes On Social Security Income?]]></title><link>http://www.finweb.com/banking-credit/how-much-are-taxes-on-social-security-income.html</link><description><![CDATA[It may be hard to believe, but yes, there are taxes on social security income. The amount of taxes paid on that income varies based on your filing status and your annual income. Regardless of these two factors however, you will never be taxed on more than 85% of your social security income.For those who are single:If you have a combined income of less than $34,000 but more than $25,000, up 50% of your benefits will be taxed, based on the actual income amount. For those with a combined income of more than $34,000, up to 85% of the benefits...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Leveraging Small Business Credit Line for Daily Operations]]></title><link>http://www.finweb.com/banking-credit/leveraging-small-business-credit-line-for-daily-operations.html</link><description><![CDATA[There are many uses for a small business credit line.&amp;nbsp; Every use of a business line should &amp;nbsp;revolve around the ability to help your business profit. This means that if you plan to use small business credit lines to pay for day to day operations, you need to plan accordingly to avoid placing your business is financial turmoil.Keep It Short TermYou should never assume that you are going to be using a credit line to pay for daily operations for an extended period of time. One of the best ways to use your small business credit line like this is...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Prefer Federal Income Tax Credits Or Deductions?]]></title><link>http://www.finweb.com/banking-credit/prefer-federal-income-tax-credits-or-deductions.html</link><description><![CDATA[When it is time to file taxes, some may be confused about the difference between a federal income tax credit and a federal income tax deduction.A federal income tax credit is something that gives you a credit on the balance of your taxes, meaning you'll receive the full amount in a refund.A tax deduction is something that reduces the overall amount of taxable income you have. A deduction will reduce the amount you have to pay, and a credit will put money in your pocket. The credit will be used to pay any tax liability you may have after all...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Easy Business Credit Rules in Different Countries]]></title><link>http://www.finweb.com/banking-credit/easy-business-credit-rules-in-different-countries.html</link><description><![CDATA[In troubling economic times it can be difficult to find easy business credit.&amp;nbsp; But with the right bank and the right questions you will find that while it may be difficult, it is not impossible.Offshore banksOffshore banks are located outside of the country of dwelling of the person doing the depositing. Usually, these accounts provide a tax haven that offers both legal and financial advantages, such as easy admission to the deposits, more privacy and little to no taxation. &amp;nbsp;The European Union agreed to bring in the Savings Tax Directive in the attempt to stop cross border interest payments. Residents...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Unsecured Business Credit Options Beyond a Credit Card?]]></title><link>http://www.finweb.com/banking-credit/unsecured-business-credit-options-beyond-a-credit-card.html</link><description><![CDATA[Obtaining unsecured business credit can help you to do more with your business. Unlike standard business loans, a business plan specifying how you plan to use the funds is not required. There is no collateral or property that will be needed either. Here are several different options in getting your business off the ground without having to rely on a credit card.Unsecured LoansLarger businesses have a better chance of credit because they have equity in the property.&amp;nbsp;Smaller businesses, with little to no assets and property, rely largely on unsecured loan alternatives.&amp;nbsp; Almost all entrepreneurs that have lost collateral will struggle...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Are Typical Bank Branch Hours? Holidays And Weekends?]]></title><link>http://www.finweb.com/banking-credit/what-are-typical-bank-branch-hours-holidays-and-weekends.html</link><description><![CDATA[While shifts in the economy tend to force most retailers to adjust their business hours to curtail labor costs, bank branch hours have continued to expand. In order to remain competitive and provide levels of service that meet customer's expectations, banks have shifted from a Monday through Friday 9-5 schedule to being open later and being open on Saturdays.The term &amp;quot;banker's hours&amp;quot; came about because most banks were open only during weekdays, often opening later than other retail establishments and closing earlier. The term was used with some jealousy by those not in the banking world, because the work hours...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Economics: Following the Corporate Business Credit Market]]></title><link>http://www.finweb.com/banking-credit/economics-following-the-corporate-business-credit-market.html</link><description><![CDATA[The corporate business credit market is one of the most fluctuating markets out there. With corporate credit cards, the corporate credit association, and a fluctuating corporate credit rating for many companies it can be difficult to stay on top of the market. Fortunately, the corporate credit media is out there to keep investors abreast of what is going on in the market.Sources Of InformationThe corporate credit media outlets, such as Standard and Poor&amp;rsquo;s, offer great indicators of how the corporate credit market is flowing for many companies. This allows investors to make informed decisions about which companies to invest in.Corporate...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Kind Of Banking/Finance Jobs Involve Travel?]]></title><link>http://www.finweb.com/banking-credit/finance-jobs-involve-travel.html</link><description><![CDATA[Banking finance jobs are jobs that require you to be aware of the finance industry as a whole. If you are in the industry you should be aware of banking and finance jobs that require travel. A lot of people with jobs in banking and finance travel frequently. Travel is done to corporate headquarters, banking and investment seminars and sometimes internationally for their companies. A lot of financial careers have you traveling to meet with clients frequently.Career Investment BankingInvestment banking is really no more than the stock market. It consists of helping customer raise capital, selling investments and helping manage...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Are Banking/Finance Industry Pros Successful Personal Investors?]]></title><link>http://www.finweb.com/banking-credit/finance-industry-pros-successful-personal-investors.html</link><description><![CDATA[The banking finance industry has some very knowledgeable people behind its doors. With finance industry training and with jobs in the finance banking industry these pros could go on to be successful investors.Successful InvestorsAn experienced bank financial analyst is much more likely to know what the market will do next then someone who has only been to a few training classes. One of the many keys on knowing how to invest is by knowing how the market trends and how different effects in the economy affect the trade market. By having training in the way that the banking finance industry...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[5 Characteristics of a Successful Stock Market Investor]]></title><link>http://www.finweb.com/banking-credit/5-characteristics-of-a-successful-stock-market-investor.html</link><description><![CDATA[There is no doubt that some people simply are better at playing the role of a stock market investor than others. When talking about somebody who has successfully worked his way through investing in the stock market, it is never a matter of luck but rather certain personal characteristics that decide how successful they are. While the best investors seem born with all the right characteristics, it is possible to discover and implement them yourself. Believe it or not, much of what you need to know is just stock market investing basics.Personal PreparationThe key is to always have a plan...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Process Of Maximizing Your Business Credit Line]]></title><link>http://www.finweb.com/banking-credit/the-process-of-maximizing-your-business-credit-line.html</link><description><![CDATA[Having a solid business credit line is a must have these days for business owners, especially for small or new businesses. There are a number of ways that business credit lines can be used. However, there are certain steps you can take to maximizing the worth of your credit line loan.Getting StartedYou may be having a difficult time even getting your business credit line, especially if it is for startup business credit. It can be difficult getting a decent loan or credit line for a new business that has no current credit to speak off, and even if you can...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Is Trade Finance Getting Too Costly For Banks?]]></title><link>http://www.finweb.com/banking-credit/is-trade-finance-getting-too-costly-for-banks.html</link><description><![CDATA[A trade finance bank is a bank that finances and insures the foreign purchases for goods that customers are unwilling to accept the buyers credit for. The Export Import Bank of the United States does this for the United States. By financing these transactions the banks goal is to create and sustain United States jobs by funding the sale of U.S. exports to foreign buyers. This bank takes the transactions that other banks do not want to touch.Cost InvolvedTrade finance itself is not the only thing that is costly. The problem usually lies with the buyers credit and their ability...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Small Business Banking: An Overview of Lending Operations]]></title><link>http://www.finweb.com/banking-credit/small-business-banking-an-overview-of-lending-operations.html</link><description><![CDATA[Small business banking requires a separate business account.&amp;nbsp; Mixing funds within your personal account with your new business can be a recipe for disaster.&amp;nbsp; While it may reduce costs and bank fees you will be doing more harm than good for yourself in the near future.Small Business BankingBecause starting a new business can be risky, many people suggest that it is best to have a full time income when beginning your business part time.&amp;nbsp;However, no matter how many hours you put into your new business, you must always treat it like a business.&amp;nbsp;Separate banking for a small business can be...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Risky are Bank Loan Funds for Investing?]]></title><link>http://www.finweb.com/banking-credit/how-risky-are-bank-loan-funds-for-investing.html</link><description><![CDATA[Bank funds are a great investment tools in a bad economy. Instead of investing money that you can&amp;rsquo;t afford to lose in dangerous schemes, you can look in to commercial bank funds as a safer alternative.What Are Bank Funds?Bank loan funds are a type of junk bond that normally carries a high rate of return. The return rates are typically higher than rates of standard savings accounts. The simplest definition of a bank fund is that you are giving the bank money, so it can specifically give it away to others in the form of loans. These bank assets are...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Step-By-Step: Resolving Online Business Banking Fraud]]></title><link>http://www.finweb.com/banking-credit/step-by-step-resolving-business-banking-fraud.html</link><description><![CDATA[If you are a victim of online business banking fraud, there are steps that you should with the bank and their fraud investigation unit. The steps required to resolve online business bank fraud is no different for banks than it would be for your own account. Problems are usually related to software vulnerabilities, on the user&amp;rsquo;s machine, or not taking simple precautions such as changing passwords periodically.In order to protect your account, install anti-virus and firewall software on your computer.&amp;nbsp;Be sure to run software updates when requested and have your computer inspected by a professional periodically. These simple steps will...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Career Opportunities in Finance Outside Investment Banking]]></title><link>http://www.finweb.com/banking-credit/career-opportunities-in-finance-outside-investment-banking.html</link><description><![CDATA[Investment banking is not the only career in finance. There are plenty of challenging and financially rewarding career options for you to choose form. A quick overview of finance careers will demonstrate the variety:Commercial BankingIn commercial banking, you provide banking services for individuals and businesses though checking accounts, savings accounts and loans. You would start off as a credit analyst, evaluating the financial needs of your clients and suggesting what course of action they should take. The job requires knowledge of accounting and well-developed communication skills. From there, you can advance to Loan Officer, Branch Manager, Trust Officer and Mortgage...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Is Corporate Finance a Division of Investment Banking?]]></title><link>http://www.finweb.com/banking-credit/is-corporate-finance-a-division-in-investment-banking.html</link><description><![CDATA[Investment banking and corporate finance are closely related terms. Corporate finance is an area of finance that deals with financial decisions that corporations make and the tools used to make these decisions. Investment banking is a term for corporate finance services that investment banks provide to its corporate clients. While corporate finance services aren't exclusive to investment banks, they are important part of investment bank's day-to-day operationsCorporate Finance and Investment BanksInvestment banks can provide a variety of corporate finance services for their clients. This includes: Raising funds - investment banks can help companies raise money for current and future operations...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bad Credit Business Account - What Are Your Options?]]></title><link>http://www.finweb.com/banking-credit/bad-credit-business-account-what-are-your-options.html</link><description><![CDATA[There are few to no options available for bad credit business account from banks or traditional financial institutions.&amp;nbsp; This has occurred over time as the market for credit has tightened and lenders have instituted tighter rules regarding the issuance of credit.&amp;nbsp; This tightening has frozen out individuals and businesses that have less than perfect credit and sent them to non-traditional lenders that may offer terms that are more expensive.Bad Credit Business as a RiskSeeking a bad credit business account is not impossible but will be obtained through a traditional financing source.&amp;nbsp; Bad credit accounts represent a significant risk and are...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Receiving Merchant Accounts Despite Bad Credit?]]></title><link>http://www.finweb.com/banking-credit/receiving-merchant-accounts-despite-bad-credit.html</link><description><![CDATA[Establishing a bad credit merchant account is next to possible given many lenders&amp;rsquo; reluctance to extend credit terms to suspect or bad risks. The creation of a merchant account by a business gives it access to specifically tailored programs and services designed to facilitate loans and access to other forms of business capital.&amp;nbsp;Having bad credit eliminates the possibility of having access to establishing a merchant loan.There may be websites or offers that discuss the possibility of establishing a business merchant account with bad credit. Such offers are untrue or are wrought with conditions that put a business with bad credit...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Tapping Sources of Free Business Credit and Grants]]></title><link>http://www.finweb.com/banking-credit/tapping-sources-of-free-business-credit-and-grants.html</link><description><![CDATA[There are many ways to build free business credit and to obtain financial support for you business. There are opportunities whether you are a starting up business, or established and attempting to expand. Below are a few ideas of where to start with building financial stability for your business.Business Credit BuildingThere are many free business credit builder programs available, so be sure to choose the right one for you. The first thing you want to make sure of is the legitimacy of their business. Look for one affiliated with the Better Business Bureau and other agencies that maintain standards for...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Reasons Banks Can Refuse A Business Credit Account]]></title><link>http://www.finweb.com/banking-credit/reasons-banks-can-refuse-a-business-credit-account.html</link><description><![CDATA[A business credit account provides a business with a way to access credit necessary to expand their facilities, higher workers or grow the business.&amp;nbsp;Having access to credit is both important and vital to a business and its survival.&amp;nbsp;There are reasons that a bank can refuse to allow a business to open a credit account or extend credit to the business.Refusal Based on Time in BusinessThe amount of time that a business has been around can determine whether a bank extends credit or not.&amp;nbsp;Newer businesses do not have an established history or track&amp;nbsp;record that is sufficient enough for many banks to...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Optimizing the Utility of Your Business Bank]]></title><link>http://www.finweb.com/banking-credit/optimizing-the-utility-of-your-business-bank.html</link><description><![CDATA[There are several things to take into account when you are choosing the best business bank. If you are new to the business bank concept, or you have been unsatisfied thus far with what you&amp;rsquo;ve seen in business banks, here are a few tips and guidelines to follow as you shop around for the best banks for business.General Business ServicesFirst, you need to shop around for banks that offer the services you will require. Determine the needs of your business and shop around. Sometimes, smaller business banks may have what you need, but large, well established banks tend to offer...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Small Business Credit Application Process]]></title><link>http://www.finweb.com/banking-credit/the-small-business-credit-application-process.html</link><description><![CDATA[For most types of small businesses, the credit application process is generally pretty straight forward. In fact, most small business credit applications are a one page application forms. In many cases, you can have a decision in a day or two, with some creditors even offering credit decisions in under an hour.Types of Small Business CreditThere are many types credit options available to small businesses; however, the most popular are business credit cards and revolving lines of credit. Large credit companies, like American Express and Citibank, are known to offer an expansive array of business credit card products and make...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How To Finance A Project Through A Bank]]></title><link>http://www.finweb.com/banking-credit/how-to-finance-a-project-through-a-bank.html</link><description><![CDATA[If you have a major project you want to finance through a bank, the most important consideration is having all of the details in place to make sure the bank will approve your project. In fact, before you even approach the bank, you should have all of the details of the project ironed out.Information the bank will require includes:How much the project will cost. You should have estimates of the expenses and quotes from any builders or contractors who will be working on the project. The bank will want to know it is a sound investment, so having copies of...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Credit Card Machine Set-Up For A Small Business]]></title><link>http://www.finweb.com/banking-credit/credit-card-machine-set-up-for-a-small-business.html</link><description><![CDATA[If you need a credit card machine for your small business, there are many types of machines available as well as merchant account providers (credit card services providers) that can help you. You can choose to buy, or lease, new credit card machines. You may also be able to find a used machine. However, if you choose a used machine, you will need to have the machine reprogrammed before you can use it with your provider.How to Get New Credit Card MachinesThere are many companies that provide merchant account services for small businesses; however, it is a bank that ultimately...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Do Banks Consider Giving Lines Of Credit?]]></title><link>http://www.finweb.com/banking-credit/how-do-banks-consider-giving-lines-of-credit.html</link><description><![CDATA[A bank line of credit is an excellent way for a business to be sure that financing is available when needed. A line of credit allows you to withdraw funds from the credit line anytime and they offer flexible payment terms. Usually the terms offered are significantly lower rates than credit cards. It is important to know what most banks consider before approving these types of credit lines.Basic Application ConsiderationsWhen your small business applies for a business line of credit, the bank will consider many factors and variables when deciding whether or not to approve your application. Usually, banks will...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Establishing Your Business Credit Without Risking Personal Scores]]></title><link>http://www.finweb.com/banking-credit/establishing-your-business-credit-without-risking-personal-scores.html</link><description><![CDATA[If you are looking to establish business credit, keep in mind that many creditors require a personal guarantee from the owner of a new, or not yet well established, small business. However, there are a few credit options available that allow you to apply for business credit, without a personal guarantee.Establishing Your Business CreditTo find credit lines for your small business without a personal guarantee, you have to look in the right places. In the beginning your options are severely limited, but you can usually get small credit lines with companies like NEBS or Viking for office supplies. Shipping services...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Qualifying for Finance Department Banking Careers]]></title><link>http://www.finweb.com/banking-credit/qualifying-for-finance-department-banking-careers.html</link><description><![CDATA[If you are looking for a job in the department of banking and finance, there are several things you can do to make yourself a more attractive employee. During times of financial stress, finance positions can be especially difficult to obtain. However, brushing up on your skills and proper presentation can help you obtain a lucrative job in the field of banking.The first thing you should do is make sure your education is adequate. While most companies want you to have an undergraduate degree in finance, those with backgrounds in math, economics and general business can also find themselves well...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Maximizing A Small Business Line Of Credit - New Entrepreneurs]]></title><link>http://www.finweb.com/banking-credit/maximizing-a-small-business-line-of-credit-new-entrepreneurs.html</link><description><![CDATA[A small business line of credit is an excellent source of funding for many small businesses and new entrepreneurs because it can help you finance the expenses required to get a business off the ground. A business line of credit is very common in the small-business world and is offered by many banks that cater to small businesses.Business Line of Credit BasicsA business line of credit allows your business to access funds at any time. Well-established businesses are not typically required to provide collateral. However, new businesses are required to provide some sort of collateral to secure the loan.Business Line...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Business Credit Information - An Overview Of Debt Operations]]></title><link>http://www.finweb.com/banking-credit/business-credit-information-an-overview-of-debt-operations.html</link><description><![CDATA[If your small business uses lines of credit funds for its operation, you should be aware of the business credit information profile maintained on your company. Business credit reporting agencies maintain a file on millions of companies in the United States. The records track a business&amp;rsquo;s credit history. It is important that you are always aware of the information maintained in your business credit profile.Business Credit Reporting AgenciesBusiness credit reporting agencies maintain information that will affect your ability to apply for a lines of credit and loans; the three major credit reporting agencies are: Dun &amp;amp; Bradstreet, Equifax and Experian....]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[An Overview of Careers in Money Banking and Finance]]></title><link>http://www.finweb.com/banking-credit/an-overview-of-careers-in-money-banking-and-finance.html</link><description><![CDATA[If you are looking for a career in the field of money, banking, and finance, you can make yourself a valuable choice even during periods of economic distress by having a solid package of credentials.People working in the finance industry often make above-average wages, with bank and finance salaries ranging from $40,000 on the low end to $200,000 or more on the high end. Jobs in finance can ultimately lead to positions as Chief Financial Officer (CFO) of your company or corporation.The most competitive in the industry not only have undergraduate degrees in finance or economics but also have an...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How To Locate Cooperative Bank Branches]]></title><link>http://www.finweb.com/banking-credit/how-to-locate-cooperative-bank-branches.html</link><description><![CDATA[When you are looking for cooperative bank branches to help you meet your banking needs, your search might often begin on the Internet. Cooperative banks are banks whose services are developed and provided for specific cooperative industries, like farming, healthcare, education, and long-term care. You typically must qualify in order to be a member of a coop bank.Coops assist in a broad range of financing projects with the government-granted mission of improving communities. Cooperative banks were formed with government grants through the Credit Union Act of 1934 and have continued to be an integral part of communities throughout the United...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[3 Business Bank Truths For Increased Productivity]]></title><link>http://www.finweb.com/banking-credit/3-business-bank-truths-for-increased-productivity.html</link><description><![CDATA[A business bank can be a specialty unit of a large major financial institution or a standalone bank that caters to the needs of the business community. A business bank hires professionals who are versed in the needs of business and trained to work with owners and managers to assist their growing business needs. This relationship frees up the business to focus on its core ability and produce the products and services that drive our community.A business bank provides services and products that are specifically geared toward the interests of businesses. Whether small, medium or large, a business benefits greatly...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Simple Ways To Identify Instant Business Credit Scams]]></title><link>http://www.finweb.com/banking-credit/simple-ways-to-identify-instant-business-credit-scams.html</link><description><![CDATA[Every small business owner would like to take advantage of instant business credit offers because they are opportunities to free up cash for other expenses. However, as a business owner you should always be aware that there are many instant business credit scams being offered to potential victims. The scams are used to cheat you out of money, or to gain access to private and sensitive information about you or your business.Instant Business Credit ScamsOne type of scam is to offer you access to instant business credit lines for a small fee. These types of scams usually involve a very...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Who are Authorities in International Finance/Banking?]]></title><link>http://www.finweb.com/banking-credit/who-are-authorities-in-international-finance-banking.html</link><description><![CDATA[International finance and banking is an important topic to understand and study because the new world economy is diverse and global. While many experts have risen to the forefront of the industry, every university would state their own professor is a top leader of international finance.If you are looking for information you can trust, it is important to take an overall view of the finance industry and not simply focus on the television media. There are many economists out in the field observing emerging markets in the banking industry. Economists and financial analysts working for NGOs, like World Bank, are...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Can You Enter Corporate Finance Banking Without Experience?]]></title><link>http://www.finweb.com/banking-credit/can-you-enter-corporate-finance-banking-without-experience.html</link><description><![CDATA[Corporate finance banking is a complicated field for advisers who aim to maximize a company's financial value while minimizing exposure to risk. This is a very lucrative job for those people who succeed in the field, but it is a tough one to break into.Degrees for Corporate FinanceCorporate financing professionals will have at least an undergraduate degree in finance, accounting or business. Economics or even engineering degrees may be considered, but typically a person needs education in a finance field. For some jobs, MBAs or PhDs will be required. Many corporations will also require high-level certificates like CPA credentials or...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Reading And Understanding A Business Credit Application Form]]></title><link>http://www.finweb.com/banking-credit/reading-and-understanding-a-business-credit-application-form.html</link><description><![CDATA[When applying for business credit, you will be required to fill out a business credit application form. The application may be a paper form or an online web form; but the process is the same for both application formats. The following is a quick guide to help you understand the information that will be required on the application form:Step 1 - Basic Business InformationYou will need to enter information about your business, such as: business name, address, number of years in business and the type of business you are engaged in.Step 2- Your Business History and DetailsMost business credit applications...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Popular Books for Studying Banking and Finance Law]]></title><link>http://www.finweb.com/banking-credit/popular-books-for-studying-banking-and-finance-law.html</link><description><![CDATA[If you are studying banking and finance law, there are certain books that are considered required reading in order for you to have a complete understanding of the topic. While much of your reading will be concentrated on the texts chosen by your professors, in order to have a deep understanding of banking and finance, you should have both an historical perspective and a current, up-to-date understanding of the issues in this multi-faceted area of business.Books you should read before you finish school without reading include: The Oxford Handbook of Banking, written by Allen N. Berger, Phillip Molyneux, John Wilson...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Complicated Are Federal/State Income Tax Laws?]]></title><link>http://www.finweb.com/banking-credit/state-income-tax-laws.html</link><description><![CDATA[Federal and state income tax laws are very complicated and require years of education and testing in order to understand them. Certified public accountants have typically received over 4 years of education, often including a master's degree, and taken a CPA exam that requires rigorous studying. The good news is that modern advancements have made the essentials easier to understand for the common man. Today, it is possible for an average person to understand his or her own tax withholding, federal and state income tax requirements. Computer software makes it possible to file taxes without speaking to an accountant. Recommended...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Objectively Analyzing Your Own Business Credit Profile]]></title><link>http://www.finweb.com/banking-credit/objectively-analyzing-your-own-business-credit-profile.html</link><description><![CDATA[Your company's business credit profile will usually determine if your business qualifies for business lines of credit, business loans or business credit cards. Therefore it is important that you always know what sort of information is maintained in your business credit profile. The three major business credit reporting agencies: Dun &amp;amp; Bradstreet, Equifax and Experian maintain the credit profiles on your business and almost every other business in the United States.Your Business Credit ProfileYou should periodically request copies of your business credit profile from all three major business credit reporting agencies. These companies all offer a way for you to...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[4 Steps to Free Small Business Banking]]></title><link>http://www.finweb.com/banking-credit/4-steps-to-free-small-business-banking.html</link><description><![CDATA[Free small business banking services are designed to entice small business to borrow and establish banking relationships. Free services provided usually involve bill pay services, account management, no-fee checking and other products. The desire of the small business bank to establish a client relationship through free services offers a way for the bank to provide other services, such as loan.Step 1: Establish Free CheckingWhen you engage a small business bank, you should inquire about free checking services for small businesses. This offer provides a valuable service for you in that you will not be assessed fees or charges for simply...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How To Obtain Business Credit At Low Costs]]></title><link>http://www.finweb.com/banking-credit/how-to-obtain-business-credit-at-low-costs.html</link><description><![CDATA[Almost all small businesses attempt to obtain business credit at some point or another. Depending on the type of business credit you're trying to apply for, the application process and the fees involved are generally very low. In fact, in most cases, you will not be charged anything to apply for business credit.Free and Low Cost Business CreditMany business creditors offer no cost business credit applications for small businesses. However, if you are attempting to finance capital equipment or vehicles with a lease, many leasing companies and banks will charge an application fee for these types of applications. Most of...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Should A Credit Bureau Letter Say?]]></title><link>http://www.finweb.com/banking-credit/what-should-a-credit-bureau-letter-say.html</link><description><![CDATA[A credit bureau letter can be used to request a copy of your credit report, or to dispute an item on your report. If the letter doesn&amp;rsquo;t contain the correct information the first time around, you will have to write it again to make your request. Here&amp;rsquo;s how you can avoid that entirely.Keep CoolIt&amp;rsquo;s not uncommon to be very angry when you have to write a letter to the credit bureau. Most often the letter is being written because there is information on the report that shouldn&amp;rsquo;t be there. Remember you get more flies with honey, so take a deep...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Hazards Of Business Credit With No Personal Guarantee?]]></title><link>http://www.finweb.com/banking-credit/hazards-of-business-credit-with-no-personal-guarantee.html</link><description><![CDATA[If you're searching for business credit with no personal guarantee, you should be aware that there are times when applying for these types of credit lines may not be suitable for your business. In general, business applications will allow you to apply for credit in the name of your business - without risking your personal credit score, but there are many programs that do not require a personal guarantee.No Personal Guarantee - The DisadvantagesDepending upon the length of time your company has been in business, many banks and lenders may consider extending lines of credit your company without a personal...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Does One Locate Bank Accounts Around The World?]]></title><link>http://www.finweb.com/banking-credit/how-does-one-locate-bank-accounts-around-the-world.html</link><description><![CDATA[Seeking international resources for bank account locations&amp;nbsp;around the world can be illegal. While it is not illegal to have an account or hold money abroad, the Patriot Act and IRS regulations require very specific procedures to place money internationally. This is to assure you are not laundering funds, engaging in illegal activities or avoiding taxes.Countries with Foreign Bank AccountsEven though some offshore accounts are illegal, there are hundreds of countries looking to attract business from Americans. As such, these countries offer incentives to do business there. They may offer tax free options and low entrance costs. European and Caribbean countries...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Do Lenders Read Your Business Credit History?]]></title><link>http://www.finweb.com/banking-credit/how-do-lenders-read-your-business-credit-history.html</link><description><![CDATA[When applying for business credit, the bank or vendor will usually check your business credit history. Your potential creditor will probably request a copy of your business credit profile and report from one or all of the three major business credit reporting agencies: Dun &amp;amp; Bradstreet, Equifax or Experian. The creditor will almost always base their decision to approve or deny your credit request based on the information contained in your business credit report.How Credit Profiles are EvaluatedMost creditors will look at several key factors in your credit profile. They will consider the number of open trade lines, the high...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How To Maximize An Unsecured Line Of Credit]]></title><link>http://www.finweb.com/banking-credit/how-to-maximize-an-unsecured-line-of-credit.html</link><description><![CDATA[An unsecured line of credit can be an excellent funding option once your business is well established and starting to grow. It can help provide you with additional growth capital or with the funds to keep your business moving during slow &amp;ndash;moving cash flow situations. While most banks generally require collateral, or a personal guarantee, well-established businesses can often secure a line of credit without up-front capital.Improved Cash Flow ManagementUse your unsecured business line to help even out your cash flow when fluctuations in revenue are predictable or seasonal. For instance, using a business line of credit to purchase inventory...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[When To Switch Between Fixed/Variable Lines Of Credit]]></title><link>http://www.finweb.com/banking-credit/variable-lines-of-credit.html</link><description><![CDATA[Banks that provide fixed lines of credit business loans to small businesses often make loans for single purchases and offer loans with set terms and rates. There are other business financing options available to consider; variable rate business lines of credit.Business Term Loans versus Lines of CreditA conventional business term loan is made to small businesses for an individual purpose or purchase. For example, you can use business term loans to pay for expensive capital equipment or purchase vehicles that are used in your business&amp;rsquo;s operation. A fixed rate business term loan is usually set at a fixed interest rate...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How To Find Bank Branch Addresses Around The Globe]]></title><link>http://www.finweb.com/banking-credit/how-to-find-bank-branch-addresses-around-the-globe.html</link><description><![CDATA[When you are away from home or traveling internationally, knowing that a branch of your bank is close by can be reassuring, but finding bank branch addresses can be difficult.The first place to start when looking for a list of branches for your bank is with the bank's website. There should be a link on the bank's site that provides you with a list of the bank branch locations.&amp;nbsp; Some banks even have an interactive map associated with the list of branches. The addresses, however, may not be listed. If you are unable to locate the address through the bank...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Taking the Leap and Opening a Corporate Bank Account]]></title><link>http://www.finweb.com/banking-credit/taking-the-leap-and-opening-a-corporate-bank-account.html</link><description><![CDATA[Opening a corporate bank account with a commercial or business bank is necessary for a business to manage their funds. With an account, a business can manage their bills payments, meet debt obligations and pay employees and vendors. You do not need a leap of faith to open a corporate bank account; it is typically a process that is part of the initial steps of a corporation.Opening a Corporate Bank AccountOpening a bank account for a corporation involves the establishment of a relationship with commercial or business banks.&amp;nbsp;These banks provide specialized services for corporations in order to meet their financial...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[3 Important Considerations In A Bank Branch Design]]></title><link>http://www.finweb.com/banking-credit/3-important-considerations-in-a-bank-branch-design.html</link><description><![CDATA[Bank branch designs trends have been changing almost as rapidly as banking technology. Where bank branch designs used to focus on security, causing the branch itself to seem somewhat vault like, advances in banking securities now allow for more open branch designs.The idea of the branch bank being a part of the community has never been more important. More than 80% of the sales made by a bank are made at the branch level, so innovative designs that invite consumers into the branch are critical for continued growth. Modern bank branch designs focus on openness and provide a welcoming, community...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What If Family Service Credit Unions Were For-Profit?]]></title><link>http://www.finweb.com/banking-credit/what-if-family-service-credit-unions-were-for-profit.html</link><description><![CDATA[Many Americans use a family service credit union rather than a bank for deposit accounts as well as many types of loans, such as: car loans, personal loans and even home mortgage loans. Credit unions differ from banks in that customers actually purchase a membership in the credit union and thus become an owner of the credit union.Credit unions are not-for-profit cooperative institutions that offer many of the same services that a conventional bank does. Credit unions are also well known for offering members very low rates for banking services as well as providing low-interest loans of many types to...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Are Bank Branches Suffering From Overconstruction?]]></title><link>http://www.finweb.com/banking-credit/are-bank-branches-suffering-from-overconstruction.html</link><description><![CDATA[This explosion in bank branch construction was caused in part by a relaxing of state and federal regulations governing bank branches, but also because branches account for about 80% of bank sales. In the last several years, bank branch construction has slowed and for some commercial banks, it has started to reverse.The credit crisis of 2009 causes many banks to be absorbed. Chase Bank took over Washington Mutual; Wachovia was folded into Wells Fargo. In July 2009, Bank of America announced plans to close up to 10% of its branches, starting a downward trend that has continued as banks seek...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Quality Of Family Credit Union Service Centers]]></title><link>http://www.finweb.com/banking-credit/the-quality-of-family-credit-union-service-centers.html</link><description><![CDATA[If you are trying to determine whether a conventional bank or a family credit union service center will be best for your banking titan needs, you might want be interested to find out what other American consumers and depositors feel about the different types of financial institutions that are available. Generally speaking, credit unions are a much more customer friendly banking alternative that usually offer better services and charge lower fees and rates than do conventional banks. In fact, many polls and surveys bear this out also.The University of Michigan American Consumer Satisfaction IndexThe University of Michigan publishes one of...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Commercial Bank Essentials: 4 Secrets You Should Know]]></title><link>http://www.finweb.com/banking-credit/commercial-bank-essentials-4-secrets-you-should-know.html</link><description><![CDATA[It is becoming obvious that commercial banks are starting to put the squeeze customers with extra penalties, high fees and a whole host of add on charges these days. While many people feel this is just a reaction to the current economy and recession, this fee war with consumers actually started quite some time ago. In order to help you understand the history of these changes that banks are implementing, and ensure you utilize the most efficient commercial banking tips possible, here are 4 commercial banking secrets you need to know.Commercial Bank Secret #1- Average Consumers Make Banks More Money...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Why Postal Service Members Get Separate Credit Unions]]></title><link>http://www.finweb.com/banking-credit/why-postal-service-members-get-separate-credit-unions.html</link><description><![CDATA[If you're a family member is an employee of the United States Postal Service, you may be eligible for membership in a Postal Service credit union. The United States Postal Service employs nearly 800,000 people across the United States. Furthermore, credit union industry analysts speculate that because of the large number of United States Postal Service employees, that as many as 10,000,000 to 15,000,000 people are eligible for membership in United States Postal Service credit unions.How Postal Service Credit Unions are OrganizedPostal Service credit unions are very similar to other types of credit unions in the fact that they service...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Useful Merchant Bank Services For You]]></title><link>http://www.finweb.com/banking-credit/useful-merchant-bank-services-for-you.html</link><description><![CDATA[Merchant bank services provide business with a way to process transactions. This is important for businesses in order to facilitate the payment of products and services. Merchant banks do not offer retail banking services to individuals such as savings and checking accounts.&amp;nbsp;They are design to provide transaction processing and allow businesses the widest range of services necessary to accept different forms of payment.There are many services that merchant banks provide for their business customers. These include: Debit Card Processing Flexible Benefit Card Processing Recurring Billing Payment Processing Processing Payments via the Internet Electronic Check Processing Debit Card ProcessingMerchant banks offer...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Should Private Banks Exist In The Future?]]></title><link>http://www.finweb.com/banking-credit/should-private-banks-exist-in-the-future.html</link><description><![CDATA[Many people are thinking about what may become of their private bank. There is a lot of debate over whether the United States government should nationalize banking institutions, and simply do away with private banks as we know them. However, it is probably safe to assume that private banks will not disappear anytime soon. There are legitimate arguments, on both sides, with regard to the nationalization of banks and how it would affect the US economy.Roadblocks to NationalizationWhile there are many advocates for the nationalization of US banks, the US government has always been reluctant to take on the role...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Line Of Credit Basics For Beginners]]></title><link>http://www.finweb.com/banking-credit/line-of-credit-basics-for-beginners.html</link><description><![CDATA[A line of credit is a pre-approved amount of money that can be used and paid at a later date. The payments can be arranged as installments or a single lump sum payments. Lines of credit offer flexible payment options for many types of uses.Most lines of credit require that the borrower offer collateral and security for the loan. Common forms of collateral accepted by banks for lines of credit are a home or investment property.A line of credit will require you to pay the interest on the money that you actually borrow or use. Lines of credit are typically...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Secrecy And Tax Evasion In International Private Banking]]></title><link>http://www.finweb.com/banking-credit/secrecy-and-tax-evasion-in-international-private-banking.html</link><description><![CDATA[These days, there's a lot of speculation about international private banking and the way international banks may be used by United States citizens to hide certain assets and to possibly evade paying income taxes. Swiss banks in particular, are well-known for their often secret privacy banking laws. Swiss banks take banking privacy very seriously, and believe that bank clients that are not engaged in illegal activities or fraudulent schemes should be able to enjoy banking services without other individuals, entities or even governments knowing about them. However, the issue of secrecy and privacy in some banks, like the ones in...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Private Banking Jobs: Hiring, Performing, Promotions - Industry Standards]]></title><link>http://www.finweb.com/banking-credit/private-banking-jobs-hiring-performing-promotions-industry-standards.html</link><description><![CDATA[Although the credit crisis in the financial sector has caused the loss of many private banking jobs, things are slowly returning to normal. The stock market has recovered somewhat, bank failures are starting to decline and oil prices are beginning to become somewhat stable. All of these are indicators that the economy is moving in a positive direction; therefore, some banks and financial institutions are starting to hire again - be it on a limited basis.Types of Private Banking Jobs AvailableBanks and financial institutions are again starting to hire for positions that suffered large job cuts in the past 18...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Is A Home Equity Line Of Credit?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-home-equity-line-of-credit.html</link><description><![CDATA[A home equity line of credit is a type of loan for which equity in your home serves as your collateral.&amp;nbsp;It allows you&amp;nbsp;to access a set amount of money for a specific period of time. Home value, outstanding principal and ability to repay are generally used to determine the amount available to the homeowner or, in other words, the amount the bank is willing to lend. Funds can be used for anything from paying for tuition, to financing home improvements, to buying a car.&amp;nbsp;When using a HELOC as it is also known, you can access funds by writing a check,...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Stopping An IRS Levy On Your Bank Account]]></title><link>http://www.finweb.com/banking-credit/stopping-an-irs-levy-on-your-bank-account.html</link><description><![CDATA[The IRS will levy a bank account when taxes have not been paid and there is no negotiated settlement or payment plan. The IRS will give warnings before they levy your bank account. Typically, the warning will be a certified letter. Therefore, if your debt has not been negotiated with the IRS, then you must act immediately to avoid the levy.How to Avoid an IRS Bank Levy: IRS form 12153The very first thing that you should do once you're notified of the levy, is to submit an IRS form 12153 to request a collection due process hearing. This will give...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How To Check Your Bank Account Number]]></title><link>http://www.finweb.com/banking-credit/how-to-check-your-bank-account-number.html</link><description><![CDATA[There are a few ways to easily check your bank account number. Your personal account number is listed on your personal check; the bank account number for your account is usually located at the bottom of your check. There are several numbers on the bottom of the check so you should be able to determine which numbers make up your bank account number.Finding Your Account NumberGenerally speaking, there are three sets of numbers listed on the bottom of your check. The first set of numbers is usually your bank routing number; this number is used to differentiate between different banks...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Are Unsecured Business Credit Line Drying Up?]]></title><link>http://www.finweb.com/banking-credit/are-unsecured-business-credit-line-drying-up.html</link><description><![CDATA[With many of our country&amp;rsquo;s banks and financial institutions in trouble, an unsecured business credit line is becoming harder to obtain for many small businesses. An unsecured business credit line allows small businesses to make purchases for inventory and other need equipment and supplies with a revolving credit line without the need to have the credit line secured by any sort of collateral. These credit lines work much like a credit card account because they require minimum monthly payments &amp;ndash; but not payment all at once.Unsecured Business Credit Line ShortagesIn the wake of the financial sector crisis, many banks have...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Can A Bank Account Routing Number Be Misused?]]></title><link>http://www.finweb.com/banking-credit/can-a-bank-account-routing-number-be-misused.html</link><description><![CDATA[Your bank account routing number is the American Banking Association routing transit number (ABA RTN) in the United States and called the international bank account number (IBAN) in other countries. The routing number is comprised of nine digits that identify the city, state and ABA institution number of the bank from which the check was issued. This system, which has been in place since 1910 in the U.S., provides a way to easily identify account information on a check, especially one where the magnetic ink character recognition (MICR) numbers become illegible.Using Your Routing Number to Transmit FundsThe bank ABA RTN...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Can A Bank Accounts Routing Number Be Misused?]]></title><link>http://www.finweb.com/banking-credit/can-a-bank-accounts-routing-number-be-misused.html</link><description><![CDATA[Often, there is a lot of confusion between your personal bank account number and a bank account routing number of your bank or financial institution. While you should always safeguard all of your banking information, some information is much more sensitive than others. For example, your personal bank account number identifies your account in particular and with such information some people may be able to access information about your bank account and its balance. On the other hand, the bank account routing number that is listed on the bottom of your check is, for the most part, public information.Bank Account...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Stopping An IRS Levy On Your Bank Accounts]]></title><link>http://www.finweb.com/banking-credit/stopping-an-irs-levy-on-your-bank-accounts.html</link><description><![CDATA[Stopping an IRS levy on a bank account requires you to take proactive steps to address a tax matter before there is an imposed garnishment of your assets. Waiting to stop an IRS tax levy once the government files a notice of intent is the wrong time to address your outstanding tax situation. Once the process begins, you will have a limited amount of time before the garnishment will happen.Addressing a Tax LiabilityGenerally, when a tax liability is outstanding with the IRS, a notification will be sent indicating the amount due and the steps that are available to address the...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Using A Line Of Credit For Other Loans?]]></title><link>http://www.finweb.com/banking-credit/using-a-line-of-credit-for-other-loans.html</link><description><![CDATA[If you're currently making payments on credit cards or other types of unsecured loans, a line of credit may be an option to helping you simplify your personal finances. If you are a homeowner, you may be eligible to apply for a home equity line of credit that can be used for almost any purpose that you choose. One of the most common uses for a home equity line of credit is the consolidation of higher rate credit cards and unsecured loans.Using a Line of Credit to Pay Off Existing LoansIf you qualify for a home equity line of credit,...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Home Equity Line Of Credit (HELOC) Essentials &amp; Options]]></title><link>http://www.finweb.com/banking-credit/home-equity-line-of-credit-heloc-essentials-options.html</link><description><![CDATA[A Home Equity Line of Credit, or HELOC, refers to a loan program where a lender agrees to lend a borrower a pre-approved maximum amount of money within an agreed period. Home equity lines of credit differ from standard loans or reverse mortgages in that the borrower is not advanced the entire sum of the loan up front, but rather withdraws funds from the line of credit as may be needed by the borrower. However, while the borrower may withdraw funds from the line of credit as needed, the borrower may not withdraw more than the pre-approved credit limit.At the...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Investment Banking: Corporate Finance For Dummies]]></title><link>http://www.finweb.com/banking-credit/investment-banking-corporate-finance-for-dummies.html</link><description><![CDATA[Investment banking corporate finance activities involve raising cash for a corporation, in order to grow or expand business opportunities. Corporate finance is provided by investment banks that are registered with the U.S. Securities and Exchange Commission, or SEC.&amp;nbsp; It is the role of the investment bank to assist a corporation and identify ways to raise capital. Typically capital is raised with securities, or stock and bonds.Role of the Investment BankAn investment bank consults with a corporation to determine their needs for capital. During this meeting, the investment bank discusses funding options for the corporation. These funding options include offering shares...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Are Future Trends In Branch Banking?]]></title><link>http://www.finweb.com/banking-credit/what-are-future-trends-in-branch-banking.html</link><description><![CDATA[How long has it been since you physically went inside your bank branch? How many times, however, have you used the drive through or the ATM machine at a conveniently located branch of your bank?Bank branch openings increased significantly, according to the FDIC, to nearly 70,000 branches in 2004 (almost doubling in number over a 20-year period). According to data collected by the FDIC in 2004, while the number of commercial banks was declining, the number of branches each bank had significantly increased. Part of this change was due to more relaxed regulations, but it was also found that efficiently...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Advantages Of Federal Credit Unions For Military Servicemembers]]></title><link>http://www.finweb.com/banking-credit/advantages-of-federal-credit-unions-for-military-servicemembers.html</link><description><![CDATA[If you are a member of the US military, a federal service credit union will almost always a wise choice for your banking and loan needs. Federal service credit unions understand the needs of military service members and actively work to help active service members obtain their financial goals and usually offer very low interest loans and low cost services to military members and their families.Advantages of Federal Service Credit UnionsFederal service credit unions usually offer much lower loan rates and then other banks or finance companies; furthermore, they offer convenient payment options for military service members that are called...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Authority Does A Bank Branch Manager Have?]]></title><link>http://www.finweb.com/banking-credit/what-authority-does-a-bank-branch-manager-have.html</link><description><![CDATA[A bank branch manager plays a significant role in the success of the bank branch and also contributes to the overall success of the commercial bank associated with the branch. Most bank branches these days offer multiple services. The standard checking and savings accounts are actually only a small portion of the services most banks offer. Services range from mortgages to credit cards to insurance and investment products.Bank managers are professionals who either have a business education and some banking experience or have worked their way up through the bank and have an in-depth understanding of the bank and its...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Government Help For People With Credit Problems?]]></title><link>http://www.finweb.com/banking-credit/government-help-for-people-with-credit-problems.html</link><description><![CDATA[The government does not actively provide assistance for people with credit problems through a bureau or department. However, the government does grant non-profit status to certain credit agencies, and they can help you reduce your credit debt as well as provide debt counseling and management services to help you change your spending habits in the future.You can get many different kinds of credit help from credit agencies, including debt consolidation programs. When a non-profit agency steps in to assist you with your debt, they can often negotiate lower interest rates or repayment terms with your credit card company than you...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Potential Variables Affecting A Bank Branch Manager's Salary]]></title><link>http://www.finweb.com/banking-credit/potential-variables-affecting-a-bank-branch-manager-s-salary.html</link><description><![CDATA[A bank branch manager&amp;rsquo;s salary is determined by many different variables, including experience and length of time on the job. However, there are several other variables that will determine the final amount of money a branch manager makes each month.Most branch banks exist because they are the face of the commercial bank in the community, and the representative of the commercial bank is the bank manager. The position is critical to the success of the bank, which is why the average salary for a bank manager is between $50,000 and $75,000.The bank manager's ultimate responsibility is the growth and development...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[An Index Of Home Improvement Tax Credits]]></title><link>http://www.finweb.com/banking-credit/an-index-of-home-improvement-tax-credits.html</link><description><![CDATA[Taking advantage of the home improvement tax credit program offered by the federal government to homeowners is a wise move specifically when you plan to upgrade your home facilities in the future. The qualified taxpayer can claim up to 30% of the credit for buying energy efficient products to be used in the home improvement.Eligible Items for the Tax CreditTo avail the 10% tax credit, homeowners should see to it that the products they will purchase to be used in upgrading their houses are items that bolster energy conservation. The following components are eligible for the 10% credit: Insulation systems...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Deposit Insurance - A Safe Investment?]]></title><link>http://www.finweb.com/banking-credit/bank-deposit-insurance.html</link><description><![CDATA[Many large banks now offer additional bank deposit insurance. A lot of overseas bank offer these services as well, but, is the insurance necessary?FDIC ProtectionMany United States banking institution carry FDIC protection. If you are banking with an institution that is not insured, reconsider depositing your money into an account with the FDIC insurance.The insurance protects your accounts up to $250,000 per account. If you are married, or have joint accounts, there are also established covered premium amount limitations. Bank Runs and LiquidityUnderstanding bank operatations can help you determine the safety of the bank. Bank operation, deposit insurance, and liquidity...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Investing Returns From A Merchants Bank For Individuals]]></title><link>http://www.finweb.com/banking-credit/investing-returns-from-a-merchants-bank-for-individuals.html</link><description><![CDATA[Merchant bank services provide business with a way to process transactions.&amp;nbsp; This is important for businesses in order to facilitate the payment of products and services. Merchant banks do not offer retail banking services to individuals such as savings and checking accounts. They are design to provide transaction processing and allow businesses the widest range of services necessary to accept different forms of payment.There are many services that merchant banks provide for their business customers.&amp;nbsp; These include:&amp;bull; Debit Card Processing&amp;bull; Flexible Benefit Card Processing&amp;bull; Recurring Billing Payment Processing&amp;bull; Processing Payments via the Internet&amp;bull; Electronic Check ProcessingDebit Card ProcessingMerchant banks offer...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Creative Collateral Possibilities - Obtaining Secured Business Credit]]></title><link>http://www.finweb.com/banking-credit/creative-collateral-possibilities-obtaining-secured-business-credit.html</link><description><![CDATA[A secured business credit is generally the only option for a would-be business owner to get the necessary financing to open the company doors. There are ways to get it done if you have collateral to offer as security.Real EstateReal estate is actually the preferred collateral when obtaining secured business credit. This gives the lender the confidence that there will be no default on the loan, and in the event there is, then they will secure the property that is used as collateral in order to recover their investment.Real estate, under normal circumstances is understood to maintain its present value...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Banking/Financial Services Advice That Is Dead WRONG]]></title><link>http://www.finweb.com/banking-credit/banking-financial-service-advice-that-is-dead-wrong.html</link><description><![CDATA[Many individuals rely on banking and financial services to manage their finances. These services include investment advice and recommendations, various product selections and the placement of assets. The services and products offered are typically based on the advice provided by a financial advisor or other professional who is qualified to work with a client. Although most advice that is provided that is appropriate for client needs, there are some bits of advice that are altogether wrong. Here are few pieces of investment advice that can be wrong for most investors.Investing in a CD for Long-Term GrowthSome bank advisors suggest that...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Where To Borrow For Small Business Credit]]></title><link>http://www.finweb.com/banking-credit/where-to-borrow-for-small-business-credit.html</link><description><![CDATA[If you operate a small business, there may be a time that you need small business credit to help expand your business or make purchases for the day-to-day operation of your business. It is always important to know what types of resources are available for small businesses when it comes time to apply for loans or lines of credit.Your Local BankFor many small businesses, the most logical place to apply for small-business credit is with their local bank. Dealing with your local bank always has certain advantages; however, there are times when choosing a local bank for small-business credit needs...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Funding Options Through Commerce Banking - Attention Business Owners!]]></title><link>http://www.finweb.com/banking-credit/funding-options-through-commerce-banking.html</link><description><![CDATA[Commerce banking is another term for business banking that is designed to meet the needs of business owners. The professionals that work for a commerce bank understand the needs of businesses and attempt to match them with appropriate products and services. The commerce bank earns money by providing loans and other funding options in order for businesses to expand, meet payroll and acquire equipment.As a business owner, you should be aware of the funding options available through a commerce bank. These include business loans, lines of credit and collateral loans for equipment and buildings.Business LoansA business loan is the most...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Financial Management Strategies For Evaluating Bank Performance]]></title><link>http://www.finweb.com/banking-credit/bank-financial-management-strategies-for-evaluating-bank-performance.html</link><description><![CDATA[Understanding bank financial management is helpful in order to determine whether the bank is performing to an acceptable level. Problems have surfaced in the banking industry, brought on by a heavy concentration in derivative products; the banking system is under close scrutiny and evaluating a bank's performance has become more important than ever. Diversification of a Bank&amp;rsquo;s PortfolioThe bank&amp;rsquo;s holdings are a good indicator of how the bank is performing. In their annual report, review the assets a bank holds and where their revenue is derived. The higher the concentration of a bank&amp;rsquo;s income in investment type activities that are...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Difficulties In Obtaining Manufactured Home Insurance]]></title><link>http://www.finweb.com/banking-credit/the-difficulties-in-obtaining-manufactured-home-insurance.html</link><description><![CDATA[A manufactured home insurance policy provides coverage for an owner of a mobile or manufactured home. The types of plans that are available for manufactured homeowners are similar to those that are purchased by regular homeowners.Since manufactured homeowners are typically lower income individuals, there are some difficulties associated with obtaining manufactured home insurance. These difficulties can include finding insurance coverage for older manufactured homes, finding insurance companies that are willing to write coverage and some policy limitations such as dealing with water damage.Difficulty #1: Coverage for Older HomesOlder manufactured homes that are found in mobile home communities across the United...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Is The Point Of Vacant Home Insurance?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-point-of-vacant-home-insurance.html</link><description><![CDATA[Having a vacant home insurance policy may not seem to make much sense when home owner vacates or abandons their home, however, there are vacant properties for homeowners on vacation that are benefial. For a Vacant Property Home Owner with TitleIf the home owner holds title to the property, regardless of the fact that the home is vacant, the home may still carry value that needs to be protected. If damages due to theft, vandalism, fire or windstorms happened, the home owner is still going to be liable for any replacement or repair costs. It is important to be prepared...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Changing World Of Global Private Banking]]></title><link>http://www.finweb.com/banking-credit/the-changing-world-of-global-private-banking.html</link><description><![CDATA[Global private banking involves products and services that are tailored for high-net worth and wealthy banking customers. Also referred to as offshore banking, global private banking gives the rich access to a higher level of banking services than what they may receive through the retail bank. These services include anonymity, investments, professional management and concierge banking services.Changing Nature of Global BankingAs more countries are adopting banking rules and procedures designed to detect and prevent money laundering and terrorist financing, the world of global private banking is changing. Banking regulators around the world are instituting new standards designed to prevent money...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Start Business Credit With Good Personal Credit]]></title><link>http://www.finweb.com/banking-credit/start-business-credit-with-good-personal-credit.html</link><description><![CDATA[In order to successfully start business credit, you should make sure that your personal credit is good. This is especially true if you are the sole proprietor of your company.The easiest way to start business credit history is to apply for a business credit card. Business credit lenders will review your personal credit when considering lending to your company. Your personal credit report and score will play a major role in your startup business credit. If you manage your personal credit well, lenders will expect that you will handle your business credit in a similar fashion.You can begin to manage...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Overview Of The Bank And Financial Industry]]></title><link>http://www.finweb.com/banking-credit/overview-of-the-bank-and-financial-industry.html</link><description><![CDATA[The bank and financial industry is integral part of this country&amp;rsquo;s financial system.&amp;nbsp; The main aspects of this system include commercial lending banks or financial institutions and investment banks, also referred to as brokerage houses.&amp;nbsp; These two players, along with insurance companies, credit unions and thrift associations play a vital interest in safeguarding our money supply and providing needed capital to you and me in order to fund purchases and fuel economic growth.There has been much talk recently about the recent brink of financial disaster the United States along with other countries faced.&amp;nbsp; The genesis of the crisis dates back...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Network Security Vs. Expert Hackers - Who Wins?]]></title><link>http://www.finweb.com/banking-credit/bank-network-security-vs-expert-hackers-who-wins.html</link><description><![CDATA[What is bank network security and how does it guard against the presence of expert hacker who seek to gain entrance into their infrastructure?Digital ThievesBank network security is an imperative part of the banking industry because there are always people trying to gain some type of access to the infrastructure of a bank. In today&amp;rsquo;s new age of technology the &amp;ldquo;bank robbers&amp;rdquo; of times gone by is no longer the same type of criminal that we see. Today&amp;rsquo;s society is more susceptible to crime and infiltrations than ever before in history. This is because with the abilities that hackers have...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Is Your Money Market Investment Safe?]]></title><link>http://www.finweb.com/banking-credit/is-your-money-market-investment-safe.html</link><description><![CDATA[A Money market investment is an investment in short-term bonds and certificates of deposit. Money market investments are considered to be common market investments are usually considered more stable then other investments because they have fairly simple and rigid terms. In many cases, they are also backed by a government agency from loss. This article will cover the more common types of money market investments and explain what makes each one of them safe and what may threaten that safety in the future.Treasury BillsTreasury bills are securities that are issued by United States treasury. They are sold in terms ranging...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Increasing Demand For Bank Information Security Analysts]]></title><link>http://www.finweb.com/banking-credit/the-increasing-demand-for-bank-information-security-analysts.html</link><description><![CDATA[In the financial world, bank information security analysts are vital. They monitor security threats, report weaknesses in the banking system, and help protect the bank and all of its customers. The demand for these professionals is always on the rise. Here&amp;rsquo;s why.What&amp;rsquo;s at RiskAs a consumer you just use your bank as normal and rely on the financial institution to keep your information secure. The reality is that hackers are constantly trying to get in to the systems. If they are able to, your money and personal information is at risk. This is a problem for all banks, including credit...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Understanding Various Merchant Processing Bank Services]]></title><link>http://www.finweb.com/banking-credit/understanding-various-merchant-processing-bank-services.html</link><description><![CDATA[There are many services that a merchant processing bank provides for its commercial customers. Merchant banks work with businesses to provide transaction processing services. They provide a way for businesses to accept credit cards and other forms of payment other than cash. A merchant bank helps business process payments necessary for growth and profitability.As a business, you should understand what services a merchant bank provides. These services provide you with an ability to accept different forms of payments for the products and services that you offer. These services include recurring bill payments for customer transactions, processing services for debit cards...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Security Systems: How Advanced Technology Protects You]]></title><link>http://www.finweb.com/banking-credit/bank-security-systems-how-advanced-technology-protects-you.html</link><description><![CDATA[Bank security systems can be comprised of several levels and components. These systems are in place to protect you and your money, as well as the bank and their assets. Many of us take for granted the amount of security that is actually in place. Security CamerasA bank security camera is usually more than meets the eye. The cameras are placed all over the bank and will allow law enforcement to see every angle of the bank if anything were to happen. These cameras aren&amp;rsquo;t the low quality ones you may see in a convenience store. Instead they are pretty...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Does A Home Equity Line Of Credit Work?]]></title><link>http://www.finweb.com/banking-credit/how-does-a-home-equity-line-of-credit-work.html</link><description><![CDATA[Home equity lines of credit work by using your home as collateral and are a revolving limit set at a specific amount deemed by your lender.How Does It Work?Lenders determine your credit limit by looking at your home&amp;rsquo;s appraised value, and then use a percentage of that amount and subtract it from the existing mortgage balance. They also determine this by looking at your ability to repay it and by examining your debts, income, and other obligations.Some lenders have a fixed period for the borrowing time, after which you may renew your line of credit, if available. Some lenders may...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How To Get Business Credit Without Personal Guarantees]]></title><link>http://www.finweb.com/banking-credit/how-to-get-business-credit-without-personal-guarantees.html</link><description><![CDATA[It is difficult to get business credit, without a personal guarantee. If your company is new, obtaining credit will be an uphill battle.Step 1 &amp;ndash; Establish a Credit File for Your BusinessYou will need to establish credit with the 3 major credit bureaus that track your personal credit. You will also need to establish credit with the major business credit company, Dun and Bradstreet (known as DnB). DnB will issue your company a number that is your credit file number. The credit number works similarly to a social security number. Whereas your personal credit history can be brought up with...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Banking And Financial Services How Reliable Is The System?]]></title><link>http://www.finweb.com/banking-credit/banking-and-financial-services-how-reliable-is-the-system.html</link><description><![CDATA[The near collapse of the banking and financial services industry in the fall of 2008 due to the systemic risk posed by such prominent companies as Bears Sterns, Lehman Brothers and American International Group (AIG) has led many to believe that the current system may be unreliable. In fact the banking and financial services is as strong today as it has been, thanks to government intervention.&amp;nbsp; The actions taken from late fall 2008 through the early spring of 2009 has moved capital into much needed places and created an impetus for changes in the way lending institutions and other financial...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Small Business:  Online Banking Basics Your Work Needs]]></title><link>http://www.finweb.com/banking-credit/hmtl.html</link><description><![CDATA[Your small business online banking experience requires certain services and functions in order to make the banking experience easier and beneficial to your business. These functions serve to protect your business interests and ensure that your suppliers, vendors and employees are paid properly. Managing you business banking needs online should be easy to accomplish, provided that you have certain basic functions and capabilities available to you.Online checking services for deposits, transfers and withdrawals; bill payment services; access to online statements; and, messaging services are some of the basic functions that should be built in your online business banking services.Online CheckingOnline...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Does Online Merchant Banking Entail Any Security Risk?]]></title><link>http://www.finweb.com/banking-credit/does-online-merchant-banking-entail-any-security-risks.html</link><description><![CDATA[Online merchant banking entails the same level of risks as other types of banking. This is due to the nature of online attacks by hackers that include worms, viruses, phishing and other techniques designed to defraud or disrupt online commerce. The online environment is as safe as the extent a merchant bank puts in place safeguards and firewalls designed to discourage and repel attacks and protect the integrity of data residing on their systems.Potential for Security RisksMerchant banks deal almost exclusively with businesses, helping them process transactions for payment of products and services. Given the countless number of business transactions...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Need Small Business Banking? Get The Facts]]></title><link>http://www.finweb.com/banking-credit/need-small-business-banking-get-the-facts.html</link><description><![CDATA[A small business banking relationship is important for the growth of a small business. According to the U.S. Census Bureau, small businesses employ a little more than 1/3 of all employees and make up 90 percent of businesses in the United States. This means that the access to small business banking services is greater for small businesses than any other types of business. Knowing the facts about small business banking helps the small business owner make better banking decisions. Types of Small Business BanksThere are various types of small business banks available. These include small business banking units and divisions...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[An Easy To Understand Line Of Credit Definition]]></title><link>http://www.finweb.com/banking-credit/an-easy-to-understand-line-of-credit-definition.html</link><description><![CDATA[To easily understand a business term such as line of credit, a clear definition is essential. Line of credit is a pool of credit sources provided by a lender, basically a bank, to its borrower. It comes in various forms and is typically offered to clients with good credit performance. Funds are made available at any time the borrower needs the money. In addition, no interest rates are charged to funds that are not used. Forms of Line of CreditLine of credit comes in several forms:Cash Loan - Also known as cash advance or cash credit, this loan can be...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Can Creditors Collect Bank Trust Fund As Assets?]]></title><link>http://www.finweb.com/banking-credit/can-creditors-collect-bank-trust-fund-assets.html</link><description><![CDATA[A bank trust fund can be viewed as an assets. If you are faced with a court situation, your trust fund must be included as an asset.&amp;nbsp; A bank trust fund, even if you can&amp;rsquo;t touch the money, is considered an asset. If you don&amp;rsquo;t claim this as an asset you can face legal issues down the line by not claiming it.Every year bank fund staff has to report to the IRS all accounts that have a large, or specified balance. They also have to report large deposits. If you have a trust fund, you can be assured that this...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Modern Cases Of Bank Or Financial Institution Frauds]]></title><link>http://www.finweb.com/banking-credit/modern-cases-of-bank-or-financial-institutions-frauds.html</link><description><![CDATA[Bank and financial institution fraud cases have garnered much attention. With a near collapse of the U.S. financial system that was recently thwarted, members of Congress and the public are looking for ways to strengthen the regulatory system in order to prevent a financial meltdown from ever happening again. In 1999 the passage of the Financial Services Modernization Act of 1999 (Gramm-Leach-Bliley Act), weaker regulatory controls were set in place to monitor the activities of certain financial institutions. This led to a run up in speculative investment products that were beyond the risk comprehension of the public and the instrument&amp;rsquo;s...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Best Banking Systems in the World]]></title><link>http://www.finweb.com/banking-credit/the-best-banking-systems-in-the-world.html</link><description><![CDATA[According to the survey by the World Economic Forum, Canada has the world&amp;rsquo;s best banking system. It is followed by Sweden, Luxembourg and Australia. Canada received 6.8 out of total 7 points and topped the list. The United States, which has seen a lot of big name bank failures in the global financial crisis, has fallen down to 40th place. The CriteriaAccording to World Economic Forum, this report is based on findings of top executives. The executives handed the banks a score between 1.0 (insolvent and possibly requiring government bailout) to 7.0 (healthy and with sound balance sheets). This report...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Understanding Private Bank Trust Fundamentals]]></title><link>http://www.finweb.com/banking-credit/understanding-private-bank-trust-fundamentals.html</link><description><![CDATA[If you have a private bank that you work with, you may be encouraged to look into a private bank trust. This trust is often considered better than an actual will. Many fail to understand what a trust is, and how it could be beneficial. There are a few fundamentals to understand about a private bank trust. Understanding what you can about a trust will help you to realize how important this could be for your estate.What Is a Trust?A trust is basically a grouping of your assets into a separate entity. All of your assets are grouped into a...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[5 Steps to Build Your Small Business Credit]]></title><link>http://www.finweb.com/banking-credit/5-steps-to-build-your-small-business-credit.html</link><description><![CDATA[Credit is important and there are a few ways for a small business to build credit. A small company will be able to leverage their capital and expand their business when they use credit. There are a few things you can do to build the credit. Establish personal credit. Many lenders are willing to offer business credit to individuals who have strong personal credit. This means a history of timely repayment of debt and a credit score of 620 or higher. Establish your company. Having a solid business plan that outlines the history, current purpose and long term goals of...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Private Banking Business vs. Traditional Banking]]></title><link>http://www.finweb.com/banking-credit/the-private-banking-business-vs-traditional-banking.html</link><description><![CDATA[For some, a private banking business can be the best banking business for their financial needs. For others, traditional banking is the best solution. There are multiple differences between the two types of banking. These differences help to ensure that you are getting the best services for your needs. Both private banking business and traditional banking can be beneficial, as long as you are using them in the right way. Comparing the two types of banking is the only way to ensure that you know what you are looking at.What Is Private Banking?The private banking business is all about taking...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[3 Useful Bank Management And Financial Services]]></title><link>http://www.finweb.com/banking-credit/3-useful-bank-management-and-financial-services.html</link><description><![CDATA[There are many useful bank management and financial services available for customers. These services provide a sound foundation for financial management and allow you to meet certain financial goals and objectives. Whether it is planning for your retirement, working with the bank&amp;rsquo;s trust department to organize your estate or send a child to college, these financial services can be managed effectively through your bank.Establishing a relationship with your bank that goes beyond simple checking and savings accounts is important in order which of these bank management and financial services may be important for you and your family.Retirement PlanningRetirement planning is...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Private Banking Services Your Money Will Love]]></title><link>http://www.finweb.com/banking-credit/private-banking-services-your-money-will-love.html</link><description><![CDATA[Private banking services can be a great benefit for those who can afford them. Private banking services offer individual attention from a personal banker and help clients manage both cash accounts as well as investment accounts in many cases.Your money will likely be happy about the attention and personal services it receives as it grows in size, and you will like the individualized attention from a personal banker who knows you and is acquainted with your financial situation.Personal AttentionWith a private banking situation, you will have an individual banker assigned to you. This person will acquaint him or herself with...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Should the &quot;Best Business Bank Account&quot; Offer?]]></title><link>http://www.finweb.com/banking-credit/what-should-the-best-business-bank-account-offer.html</link><description><![CDATA[Given the number of banks offering business services, it is important for a business owner to conduct due diligence and ensure that they sign up for the best business bank account services that banks can possibly offer. A bank account can do wonders for businesses of all natures, especially for ones where the volume of transactions is higher. A current bank can have a wide range of fees attached to it based on the options the bank offers. Therefore, it is important to identify your needs and choose appropriately. Service &amp;amp; Account Keeping Fee:Most banks tend to waive the account...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Offshore Private Banking Essentials For International Business]]></title><link>http://www.finweb.com/banking-credit/offshore-private-banking-essentials-for-international-business.html</link><description><![CDATA[Offshore private banking is an option for many who have a large amount of money or a large amount of investments. Many fail to realize all of the essential actions and services that an offshore private banking company can provide. Many do not even realize that these offshore private banking companies exist.Those who have large sums of money should look to offshore private banking. These are private banks that are in other countries. These banks deal normal financial services for people who have a large amount of money or investments; generally, this means over $250,000. Some privately owned banks will...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Business Bank Checks Can Benefit Your Business]]></title><link>http://www.finweb.com/banking-credit/how-business-bank-checks-can-benefit-your-business.html</link><description><![CDATA[Having business bank checks gives your business the credibility to conduct business. Paying invoices with your business name on a check means that you are a serious and established business enterprise. This is important as it gives you an image of success and lets those who receive your checks a favorable impression.Obtaining bank checks for your business is a simple process. This can be done simply by making application with a business bank for a checking account, much in the same manner you established your personal checking account. This process involves understanding the types of business checking accounts available, the...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Does Free Business Banking Meet All My Demands?]]></title><link>http://www.finweb.com/banking-credit/does-free-business-banking-meet-all-my-demands.html</link><description><![CDATA[For most businesses a free business banking account can meet the demands and rigours of running a business.&amp;nbsp; Free banking can fulfill both long and short term plans. The demands are met with a combination of free business banking services and available loans. Small business demands can be expansive, but a good business account should cover all the needs.Free Access to Line of CreditWhen there is an opportunity for growth in your business, it is a great idea to consider a loan.&amp;nbsp; A loan can free up your capital and allow your business access to money. Lines of credit to...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Business Bank Account Basics You Need For Work]]></title><link>http://www.finweb.com/banking-credit/business-bank-account-basics-you-need-for-work.html</link><description><![CDATA[Opening a business bank account for your business helps you meet your cash flow management needs. Business banking is specifically designed to meet the needs of business by offering access to specially designed products and services. There are some basics you need to understand about business banking in order to make the relationship work for you. From business checking to establishing an open credit line, managing cash flow and access to loans, understanding these basics will help you create a more powerful business banking relationship. Your business and business bank should be partners in the goal of making your business...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Small Business Bank Loans: Get Your Loan Approved]]></title><link>http://www.finweb.com/banking-credit/small-business-bank-loans-get-your-loan-approved.html</link><description><![CDATA[If you own your own business, there will probably come a time when you require extra funding. Whether you need money to buy a new building, purchase equipment or just get your start-up off the ground, a small-business loan can give you a leg up. Getting one can be a lengthy process, though, so there are a few things to keep in mind when applying. The following steps will help you navigate the process of getting your loan approved.1. Develop a relationship with a bank.It will probably be easier for you to get a loan from a bank if you...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Financial Bankers: How Risk-Tolerant Are They?]]></title><link>http://www.finweb.com/banking-credit/financial-bankers.html</link><description><![CDATA[With the near collapse of the financial system in October of 2008, financial bankers have had to do an assessment of their understanding and appreciation for risk and risk exposure to their clients.&amp;nbsp; The failure of several prominent banks and Wall Street firms and the near collapse of the world&amp;rsquo;s largest insurance company, AIG, sent a wake up call to the industry regarding a banker&amp;rsquo;s role as a risk manager.Risk ToleranceRisk tolerant measures the level of comfort a person, or institution such as a bank, has toward the varying degree of risk or volatility in the market.&amp;nbsp; There is a...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[7 Private Banking Careers For Those Who Love Finance]]></title><link>http://www.finweb.com/banking-credit/7-private-banking-careers-for-those-who-love-finance.html</link><description><![CDATA[Anyone who loves finance will want to look into private banking careers. There are multiple avenues to consider for those who are serious about getting into the private banking field. Like any career, you must start at the bottom to rise to the top. These generic banking careers will help you to understand where you may fit in the private banking industry.Financial AdvisorA financial advisor is someone who is going to be working with multiple clients at a time. They are going to be advising these clients on their various options. Generally, the financial office will work with the client...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[A Company's Credit Secret: How They Are So Profitable]]></title><link>http://www.finweb.com/banking-credit/a-company-s-credit-secret-how-they-are-so-profitable.html</link><description><![CDATA[Credit card companies have many a credit secret that allows them to stay profitable, often at the expense of the consumer. By knowing the secret, you can possibly manage to avoid some of the secret fees that make a credit card company profitable and make the consumers poorer.Lack of RegulationThe Better Business Bureau says that the credit card industry generates more complaints than any other industry. Consumers are unhappy with their tactics and practices, but they don&amp;rsquo;t need to be responsive to the irritated, dissatisfied customers in part because the industry has very little regulation.Customers don&amp;rsquo;t have the influence to...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Private Bank Wealth Management: Pros &amp; Cons]]></title><link>http://www.finweb.com/banking-credit/private-bank-wealth-management-pros-and-cons.html</link><description><![CDATA[Private bank wealth management is something that many should consider. Those who are looking to make money through investments may not know what they are doing. They often need guidance in order to make the best decisions possible. Private bank wealth management institutions could be the smartest financial decision made by those who want to invest. With that being said, there are some pros and cons to using private bank wealth management services.What Is Private Bank Wealth Management?Private bank wealth management encompasses multiple services that all help individuals to manage their wealth. Traditionally, these services are for individuals that have...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Teller Replaced By Online Banking?]]></title><link>http://www.finweb.com/banking-credit/bank-teller-replaced-by-online-banking.html</link><description><![CDATA[If you&amp;rsquo;re a frequent user of your bank&amp;rsquo;s online banking features, then you might not actually see a bank teller very often. Furthermore, you might not even visit your bank very often. These days, you can accomplish nearly all banking tasks online. You can check your balance, transfer funds, pay bills and even apply for an auto or home loan - all from the comfort for your bedroom (or whatever room in your house your computer happens to be in). Yes, you can do almost everything that you can do inside the bank - online.Does My Bank Still Have Tellers?Yes,...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Are Security Banking Risks Inherent for Online Transactions?]]></title><link>http://www.finweb.com/banking-credit/are-security-banking-risks-inherent-for-online-transactions.html</link><description><![CDATA[If you&amp;rsquo;re worried about Internet security, banking online may be a cause of concern for you because of the risks attached to it. On-line banking transactions primarily mean that you will use a personal computer, or even a mobile phone, to conduct your banking activities from a remote location.&amp;nbsp; There are a few elemental details involved in online banking that help define the risks associated with each banking activity.Closed Networks Vs. Open NetworksOn-line banking is completed on both open and closed networks. Closed network banking require clients to directly dial into the banks internal data processor for their transactions. The...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Is Your Bank Financial Advisor Really An &quot;Expert&quot;?]]></title><link>http://www.finweb.com/banking-credit/is-your-bank-financial-advisor-really-an-expert.html</link><description><![CDATA[The bank financial advisor is a professional who provides guidance and expert advice to their clients. As a bank financial advisor, this individual is typically an employee or sub-contractor to the bank and has access to the bank&amp;rsquo;s customers.&amp;nbsp; This provides a way to further meet the financial needs of the bank&amp;rsquo;s customers through the offer of additional products and services.When considering the question of whether or not a bank financial advisor is an expert or not, several questions should be asked.&amp;nbsp; Understanding the individual advisor&amp;rsquo;s area of expertise in the area of financial planning and/or investment management, as well...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Are Union Credit Services Preferable to Banks?]]></title><link>http://www.finweb.com/banking-credit/are-union-credit-services-preferable-to-banks.html</link><description><![CDATA[Union credit services, also known as credit unions, provide the same experience as a bank, except most people prefer a credit union's service. Many large banks offer poor customer service and have high fees and other additional miscellaneous charges passed to the consumer. Three Main Differences Between a Bank And Union Credit ServicesA huge difference between a credit union and a bank is the ownership interest of the institutions. Credit unions are owned by the members while banks are owned solely by a company. This, in turn, means you are seen as an important part of the bank itself. The...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Online Commerce Banking - Efficiency In The Information Age]]></title><link>http://www.finweb.com/banking-credit/online-commerce-banking.html</link><description><![CDATA[Online commerce banking has become more efficient in the information age. The use of the internet, automatic teller machines and having 24/7 access to banking information has created easy access to banking information. This access means that it is more convenient for you to handle your banking transactions at a place and time that is convenient to you.The Old Days of BankingIn the old days of banking, your options for convenience were limited. The expression &amp;ldquo;banker&amp;rsquo;s hours&amp;rdquo; truly meant that you had to conduct your banking business between the house of 10 o&amp;rsquo;clock and 4 o&amp;rsquo;clock. Deposits made after that...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Is Merchant Banking?]]></title><link>http://www.finweb.com/banking-credit/what-is-merchant-banking.html</link><description><![CDATA[Summary: Focused on advice and underwriting for companies and wealthy individuals, typically with respect to unregistered securities Historically focused on commodities, thus the term &amp;quot;merchant&amp;quot; The term is often used interchangeably with the &amp;quot;Investment Banking&amp;quot;, though there are slight differences Merchant banking primarily involves financial advice and services for large corporations and wealthy individuals. Merchant Banks Merchant banks invest their own capital in client companies and provide fee-based advice services for mergers and acquisitions, among other services they provide. Merchant banking practices take care of the needs of commercial international finance, stock underwriting, and long-term company loans. This type of...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Money Market Account vs Savings Account]]></title><link>http://www.finweb.com/banking-credit/bank-money-market-account-vs-savings-account.html</link><description><![CDATA[A bank money market account is very similar to a savings account because&amp;nbsp;it protects&amp;nbsp;funds you do not need for day to day expenses and helps you save that money. Most banks offer both savings and money market accounts as ways to manage your finances. You can add these accounts onto the same general account that holds your checking account or credit card, providing a well-balanced mix of spending money, savings and debt. There are a few key differences between money market accounts and savings accounts that will help you choose which method is preferable to help you save more money...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Money Market Account Vs. Savings Accounts]]></title><link>http://www.finweb.com/banking-credit/bank-money-market-account-vs-savings-accounts.html</link><description><![CDATA[Bank money market accounts have only a few differences from regular savings accounts. It is important to understand how each type of account works so that you can make an informed decision about which one will best suit your needs.About Bank Money Market AccountsA bank money market account is considered to be a long term investment, and not a savings account. In fact, these types of accounts work more like an interest bearing checking account. You will be able to withdraw money or write cashier's checks directly from this account.Minimum balance requirements are usually much higher than savings accounts, and...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Non Bank Financial Institution Facts]]></title><link>http://www.finweb.com/banking-credit/non-bank-financial-institution-facts.html</link><description><![CDATA[A bank financial institution is a commercial bank that establishes relationships with retail customers and businesses. Its mission is to provide loans and other financial products to its customers, as well as a safe place for customers to keep their money.Non-bank financial institutions include broker-dealers, thrift savings and insurance companies. These financial institutions provide services that are similar to those found in banks, but operate under different rules and regulations.Broker-DealersBroker-dealers are investment banks that are in the business of helping companies obtain capital in the financial markets. These firms are organized under Federal securities laws and the laws of the...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Financial Management: Motivational Tips And Tricks]]></title><link>http://www.finweb.com/banking-credit/bank-financial-management.html</link><description><![CDATA[Bank financial management means understanding the ways in which banks work with their clients to manage their money and maximize the ways in which it can be used. A good bank financial management program looks at a customer&amp;rsquo;s financial needs, resources and goals in order to determine the appropriate mix of products to accomplish a customer&amp;rsquo;s financial objectives.There are several tricks and tips designed to help you more effectively manage your finances and meet your planning needs. These include establishing financial goals, setting aside money for you, managing risk and creating an action plan.Set Financial GoalsSetting financial goals involves understanding...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Small Business Bank Loans:  Get Your Loan Approved]]></title><link>http://www.finweb.com/banking-credit/small-business-bank-loans-get-your-loan-approved.html</link><description><![CDATA[Small business bank loans are essential for many for small business owners. If you own your own business, there will be a time when you require extra funding. Whether you need money to buy a new building, purchase equipment or just get your start-up off the ground, a small-business loan can give you the leverage you need.&amp;nbsp; Acquiring a small business bank loan can be a lengthy process, so there are a few things to keep in mind when applying. The following steps will help you navigate the process of getting your loan approved.1. Develop a relationship with a bank.It...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Building Yourself A New Business Credit Rating]]></title><link>http://www.finweb.com/banking-credit/building-yourself-a-new-business-credit-rating.html</link><description><![CDATA[New and established businesses may try to establish new business credit. Whether you are a start up venture or have converted your sole proprietorship to an LLC or Corporation, establishing business credit is one of the most important first steps. Start up Business CreditIn order to establish business credit, your business needs to be its own entity. This means that it is an LLC or Incorporated. There are also other requirements such as a separate business bank account, business line and a yellow page listing. There are a few additional items you may also need:&amp;nbsp; First, you will need to...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Does a Bank Rating Effect Your Money?]]></title><link>http://www.finweb.com/banking-credit/how-does-a-bank-rating-effect-your-money.html</link><description><![CDATA[With all the talk of bank bailouts, a bank rating is suddenly important. A bank with a poor rating can put your money at risk. Here&amp;rsquo;s why.FDIC InsuranceIf you have more than $250,000 in assets tied up in your bank, then anything over that amount may not be covered should something happen to the bank. The FDIC insures money up to $250,000. If the bank has a poor rating, the financial institution can be at a higher risk of collapse.If you check your banks rating and it&amp;rsquo;s not great, you may want to consider moving some of your money over...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Banking Sector Breakdowns: Scenarios In Which Markets Fail]]></title><link>http://www.finweb.com/banking-credit/banking-sector-breakdowns-scenarios-in-which-markets-fail.html</link><description><![CDATA[When certain events in the banking sector occur, it becomes clear that the industry is facing a crisis. The IMF, International Money Fund, has identified a few specific scenarios that illustrate a financial market's impending failure as detailed below.Policy interventionWhen the government has had to impose policies upon banking sector and make changes that override the power of individual banks, it is possible that the market is at risk for failure.Forcing a MergerThis can be indicator of a possible breakdown in the industry. This may occur in the event that two banks are struggling, or if one bank is struggling...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Ways Your Bank Account Number Can Be Stolen]]></title><link>http://www.finweb.com/banking-credit/ways-your-bank-account-number-can-be-stolen.html</link><description><![CDATA[There are many people that have their bank account number stolen.&amp;nbsp; While just your bank account information by itself may not pose much danger to you, a smart fraudster can easily put together additional pieces of the puzzle to help himself to your funds, or worse yet, steal your identity. In order to prevent your checking account numbers from being stolen, you can follow a few simple rules:Checks Should Not Be Used As Scratch PaperSince a lot of individuals carry their checkbook with them at all times, it is common for these individuals to use checks or deposit slips as...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Have A Frozen Bank Account? Understand Your Choices]]></title><link>http://www.finweb.com/banking-credit/have-a-frozen-bank-account-understand-your-choices.html</link><description><![CDATA[If you happen to find that you have a frozen bank account, there are a couple of ways to restore your account.Why Is It Frozen?The first thing to do is find out why your bank account is frozen. This is most likely because you have an unpaid debt. The person or business you owe contacted a collection agency to receive their unpaid bill(s). The collection agency then made a case against you, presented the case to a court, and won a judgment in their favor. Your account was then frozen, meaning that you can no longer access the funds.What Can...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Best Bank for Your Small Business Loans]]></title><link>http://www.finweb.com/banking-credit/the-best-bank-for-your-small-business-loans.html</link><description><![CDATA[When looking at starting your own business, or expanding an existing business, an entrepreneur is likely to shop around for the best bank loans available.&amp;nbsp; A few simple tools can help streamline the search for the best small business loan terms:Identify Your Needs and Do Your HomeworkBefore you begin your search, ensure your are clear with respect to the amount of money you need. The worst question to ask a loan officer is:&amp;nbsp; &amp;quot;&amp;nbsp; How much can I get?&amp;quot;&amp;nbsp; Your treatment at the bank will be will likely be scaled down to &amp;quot;rookie&amp;quot; status.&amp;nbsp; The most detrimental aspect of being...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[4 Types Of Bank Accounts Explained]]></title><link>http://www.finweb.com/banking-credit/4-types-of-bank-accounts-explained.html</link><description><![CDATA[There are many types of bank accounts for consumers to choose from and each will be able to provide benefits for his or her circumstances.Checking AccountA checking account offers a quick and convenient way for people to access their money as often as they need. You cannot earn interest with most checking accounts, however.Savings AccountA savings account offers a simple, hassle-free way to save money. Banks usually set a minimum balance to open and/or maintain these types of bank accounts. The benefit of a savings account over a checking account is that money in the account accrues interest. The downside...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What are the Best Bank Offerings to Small Business?]]></title><link>http://www.finweb.com/banking-credit/what-are-the-best-bank-offerings-to-small-business.html</link><description><![CDATA[The best small business bank offers include a host of financial products and services to small businesses including:Telephone and Online BankingOne of the most useful tools that banks can extend to a small business is accessible telephone and small business online banking services. Small business owners have the flexibility to access their accounts anywhere and at any time. Additionally, small businesses can avail of the myriad of online business tools, including e-statements, wire transfers, paying bills and making online payments. Having information available at your fingertips is an invaluable tool because it provides you with quick, efficient service.Credit CardsThe best...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Functions of the Department of Insurance and Banking]]></title><link>http://www.finweb.com/banking-credit/functions-of-the-department-of-insurance-and-banking.html</link><description><![CDATA[The department of insurance and banking in your state is charged with making sure financial institutions with state charters, including banks and insurance companies, are financially sound.State Banks vs National BanksMost people have heard of the federal government agencies and sponsored enterprises that oversee or support the nation&amp;rsquo;s nationally chartered banks such as the Federal Reserve and the Federal Deposit Insurance Corporation. Fewer people, however, know that every state also has agencies that oversee and regulate those financial institutions within a state&amp;rsquo;s boundaries.There are two kinds of banks - federal and state chartered. The department of banking for each state...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Best Business Banking Accounts For Leveraging Operations]]></title><link>http://www.finweb.com/banking-credit/the-best-business-banking-accounts-for-leveraging-operations.html</link><description><![CDATA[When running a business, an entrepreneur has to look into the best business banking options to eventually leverage operations so as to provide additional financing for expanding the business.&amp;nbsp; This could be for various reasons, including loans for buying real estate and equipment, or working capital loans to meet cash flow requirements. The best business banking accounts for leveraging operations should offer the following services: Business Line of Credit Accounts A business line of credit bank account links an existing business bank account with a line of credit that needs prior credit approval by the bank treasury management to activate....]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Credit Rating: Interpreting Your Bank's Report Card]]></title><link>http://www.finweb.com/banking-credit/bank-credit-rating-interpreting-your-banks-report-card.html</link><description><![CDATA[You bank credit rating can be an important factor in determining whether you should keep your account with the bank or open with a new banking institution.&amp;nbsp; During uncertain financial times, a bank's credit rating can be reassuring and indicative of it's economic health. Here&amp;rsquo;s what you need to know about your banks report card:Why to Check the Credit RatingA bank checks your credit rating when they decide whether or not to open an account for you.&amp;nbsp; Knowing that, why not check your banks rating before you decide to give them your money? While the FDIC does not release individual...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Mortgage Insurance: Options for Damaged Credit Applicants]]></title><link>http://www.finweb.com/banking-credit/bank-mortgage-insurance-options-for-damaged-credit-applicants.html</link><description><![CDATA[Bank mortgage insurance is something many people strive to avoid, but if you are an applicant with damaged credit, chances are good you&amp;rsquo;ll have to get it. The truth is, bank mortgage insurance can be money will spent, bringing you peace of mind and providing a valuable service for your family should the primary breadwinner pass away. You know your mortgage is covered.The Insurance Cost of Damaged CreditFor most, mortgage insurance is required unless you put down a very substantial down payment on the home for which you need a mortgage. And the insurance cost of damaged credit is time...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Credit Card History: Uncovering Little-Known Facts]]></title><link>http://www.finweb.com/banking-credit/credit-card-history-uncovering-little-known-facts.html</link><description><![CDATA[Credit card history is one of the factors used by many financial institutions when determining interest rates and whether or not to grant a loan or even set insurance rates. By understanding the impact of credit cards on your credit history, you can begin to use credit wisely and carefully.Open AccountsOne would think that having a number of credit cards open and available for use would be a good thing, but actually it can work against your favor, depending on how information about those cards is reported. In many cases, credit card companies will actually penalize you for not using...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Getting Bank Life Insurance for Those Over 65]]></title><link>http://www.finweb.com/banking-credit/getting-bank-life-insurance-for-those-over-65.html</link><description><![CDATA[Getting bank life insurance for those over 65 requires preparation on your part, but it can be done. In fact, bank life insurance might offer a better chance for those over age 65 to get the right policy for them.The Value of a RelationshipWhile it is true that it can be more difficult to get competitively priced life insurance the older you are, it is also true that relationships matter in the financial services industry. A bank that knows you and has your banking business now will be as aggressive as possible in attempting to get your life insurance business...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[4 Steps to Free Small Business Banking]]></title><link>http://www.finweb.com/banking-credit/4-steps-to-free-small-business-banking.html</link><description><![CDATA[If you have your own business, chances are you will want to look into your options for free small business banking. Most banks offer free accounts and other services for small businesses, especially if you plan to do your banking online. These services will vary from bank to bank, but the following four steps will help you get the services you need at no cost.Step 1: Examine Your OptionsMost banks offer free online checking accounts for small businesses.&amp;nbsp; Banks will charge extra for additional accounts and services. For example, some banks will offer free checking but will charge for payroll...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Car Insurance: Harnessing Strong Credit for Discounts]]></title><link>http://www.finweb.com/banking-credit/bank-car-insurance-harnessing-strong-credit-for-discounts.html</link><description><![CDATA[Getting bank car insurance can be an opportunity for harnessing strong credit for discounts. Just as a good driving record can reduce your auto insurance premium, so can good credit.Know Your Credit ScoreToday, auto insurance is available from agents and from many, many online providers. Since the 1990s, banks have able to offer a full range of insurance products as well, including auto insurance. You can be certain that when you apply for bank car insurance, the insurance provider will check your credit score. You need to know your score as well.Each year, you can review your credit report one...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[A Snapshot Of A Money Market Investment Account]]></title><link>http://www.finweb.com/banking-credit/a-snapshot-of-a-money-market-investment-account.html</link><description><![CDATA[A money market investment account is a financial tool similar to a savings or checking account. This type of account, however, offers a few distinct advantages over standard banking tools, especially in regard to earnings. In most cases, a money market investment account will have ties to other investments, such as stocks or bonds, which can provide it with a higher rate of return.How a Money Market Investment Account WorksIn most cases, a money market investment account will work in a very similar fashion to a checking or savings account. Account owners will have the ability to withdraw money within...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Bank Account Deals Can You Expect?]]></title><link>http://www.finweb.com/banking-credit/what-bank-account-deals-can-you-expect.html</link><description><![CDATA[Some of the most attractive bank account deals on the market today can be found when you do your banking online. Many bank customers are prioritizing the combination of security, high return and FDIC insurance protection offered by online savings, checking, and certificates of deposit. What Bank Account Deals Can You Expect?There is no comparison between interest rates you can expect with an online checking or savings account versus a regular retail bank account. Online banks are able to pass onto their online customers their savings in &amp;quot;bricks and mortar&amp;quot; and people costs. Their overhead is lower, so the bank...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[3 Best Countries For Offshore Banks]]></title><link>http://www.finweb.com/banking-credit/3-best-countries-for-offshore-banks.html</link><description><![CDATA[Offshore banks have made a comeback, with some of the best offshore banks offering a host of financial products and services- most of which provide great advantages to clients. More people are looking into foreign banking facilities that provide a more stable currency and augmented legal and tax benefits. Additionally, offshore banks offer customers the convenience and flexibility they, as global citizens, require. Three nations offering the best offshore banks include:1.&amp;nbsp; Offshore Banking- PanamaWith a banking sector fully compatible to that of the US, experienced and highly trained bankers, and stable political conditions, Panama is primary choice for an offshore...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Deals: The Lowdown on Negotiating]]></title><link>http://www.finweb.com/banking-credit/bank-deals-the-lowdown-on-negotiating.html</link><description><![CDATA[When you set out to negotiate bank deals, experts report that your chances of success improve if you negotiate with a community bank instead of a large credit union or one of the ten major banking institutions. The Lowdown on NegotiatingIf you are looking to negotiate a better rate on your certificate of deposit, realize that in the current economic climate, the bank's &amp;quot;spread&amp;quot; has decreased. A bank spread is the cash difference between the interest rate a bank charges for its loans and the rate the bank pays its depositors. Under today's economic conditions, most banks have less negotiating...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How To Open an Offshore Bank Account]]></title><link>http://www.finweb.com/banking-credit/how-to-open-an-offshore-bank-account.html</link><description><![CDATA[A person who wishes to open offshore bank account chooses to keep their money in another country. Offshore accounts often have higher interest rates, fewer regulations, and tax incentives.What You&amp;rsquo;ll NeedBefore you can open offshore bank account, you&amp;rsquo;ll need to collect the following documentation: passport or other acceptable identity card (generally, you can not open offshore bank account with only a driver&amp;rsquo;s license) legal address (you can use a utility bill to validate your address) economic origin and background documentation (e.g. bill of sale, copy of employment contract) Step 1 &amp;ndash; Review Rules and RegulationsFirst, check the Department of Treasury...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[What Is a Bank Account Levy?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-bank-account-levy-get-the-facts.html</link><description><![CDATA[A bank account levy is a form of court judgment by which a bank account is frozen and the money deposited is taken by the entity (e.g., a creditor) who holds the judge's order. A bank will immediately put an account on hold when it receives the court order for a levy. A levy can be ordered on the account of a depositor who has failed to meet payment obligations to a creditor. The creditor can file a levy to any existing bank deposit (e.g., checking, savings, money market) the debtor has. The creditor may seize either the full or...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How Effective is Corporate Investment Banking for Clientele?]]></title><link>http://www.finweb.com/banking-credit/how-effective-is-corporate-investment-banking-for-clientele.html</link><description><![CDATA[Corporate investment banking companies provide business financial services. They examine a business's financial needs, help business clients raise capital, and apply it where analysis has determined capital is needed.&amp;nbsp; A corporate investment bank also advises on mergers and acquisitions, trading, and the sale of securities to help improve a company's financial positioning. Corporate investment banking companies also frequently provide important general financial business consulting to their clientele.The Benefit of Corporate Investment BankingLarge companies often have in-house financial management and development departments, but an experienced and reputable outside corporate investment banking firm offers an objective eye, and efficient and dedicated use...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Business Loans: Bank Requirements You Should Know]]></title><link>http://www.finweb.com/banking-credit/business-loans-bank-requirements-you-should-know.html</link><description><![CDATA[Before issuing business loans, banks insist that many requirements be met. As a business owner, or potential business owner, knowing a bank&amp;rsquo;s requirements will increase your chances of receiving a loan and will get you your money as fast as possible.&amp;nbsp;&amp;nbsp; Proper PresentationWhen you, the borrower, approach a lender to apply for a loan you will need to present the lender with a detailed package describing you, your credit history, and your business. This presentation should be neat, organized, and completely comprehensive. The purpose of the package is to convince the lender that you are low risk, reliable, and in...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Business Online Banking: 6 Advantages The Web Offers]]></title><link>http://www.finweb.com/banking-credit/business-online-banking-6-advantages-the-web-offers.html</link><description><![CDATA[Business online banking provides traditional banking services in a more convenient and progressive way. Advantage 1 &amp;ndash; It&amp;rsquo;s FreeBanks provide their customers with free access to online banking. Because it is usually free, there is no monetary reason for a business to not partake in online banking. Advantage 2 &amp;ndash; Anytime, AnywhereIf a person needs to immediately check a balance or make sure that a transaction went through successfully, online banking allows this to happen, even in the middle of the night. Business owners and personnel can function above the restrictions presented by normal business hours. No matter the hours...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Golden Banking: Emerging Market Prospects]]></title><link>http://www.finweb.com/banking-credit/golden-banking-emerging-market-prospects.html</link><description><![CDATA[Identifying banking emerging markets suggests a Midas touch. What are the strategies for figuring out which emerging markets will turn to gold in the banking field? The key here is time horizon: you need to look far beyond the next year or two to truly identify potentially golden banking opportunities.Potential Banking Emerging Markets Research by Berg Insight shows the market for mobile banking services increasing in growth about 89 percent per year - from 20 million in 2008 to an estimated 913 million in 2014. This is especially true in the markets of Asia and Africa, according to the research...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bungled Banking: Finance Industry Failures Explained]]></title><link>http://www.finweb.com/banking-credit/bungled-banking-finance-industry-failures-explained.html</link><description><![CDATA[The banking finance industry is comprised of several sub-industries including the insurance industry, mortgage industry, investment services and financial advisory services. The banking finance industry has experienced its share of failures recently, from 2007 until 2009.Early Financial Industry FailuresThe upcoming fiascos were foreshadowed in 2007 when lawmakers realized the great problems facing the banking financial industry. The mortgage industry was turning sour and carried a viable risk of taking the rest of the banking finance industry with it. Throughout the summer of 2007 and until the end of the year, the Federal Reserve and U.S. government put great resources towards...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Merchant Bank Account - Provisions Before Opening]]></title><link>http://www.finweb.com/banking-credit/merchant-bank-account-provisions-before-opening.html</link><description><![CDATA[A merchant bank account is a specialized banking vehicle designed to help companies keep cash flowing through their businesses. This type of account can vary in its functions and features based on business needs. Establishing a merchant bank account requires certain proofs that a business has been legally established.Types of Merchant AccountsBusinesses have access to a number of different types of banking accounts. The most common include: standard business checking - This type of merchant bank account operates like a standard checking account. This means businesses can accept automatic deposits, checks and cash payments. This type of account will also...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Internet Merchant Bank Account: Cost of Operation]]></title><link>http://www.finweb.com/banking-credit/internet-merchant-bank-account-cost-of-operation.html</link><description><![CDATA[An Internet merchant bank account offers companies access to handle their finances in the online world. This type of bank account can work very well for businesses. There are two main options for opening this type of account. The costs associated with online business banking can vary.Options for Internet BankingInternet banking for merchants can be established in one of two ways: through a traditional bank via an online banking institution Online banking institutions, such as those created to facilitate online auction businesses and credit card payments, have become popular. They can, however, limit the types of deposits and transactions businesses...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Commercial Bank Capital: Understand How Your Bank Works]]></title><link>http://www.finweb.com/banking-credit/commercial-bank-capital-understand-how-your-bank-works.html</link><description><![CDATA[Commercial bank capital is the margin by which the bank's assets are covered should the bank be liquidated. The FDIC requires that the margin is above a specific minimum amount. A commercial bank must acquire and maintain enough capital to satisfy the FDIC minimal requirement. Many (although not all) commercial bank accounts are insured by the Federal Deposit Insurance Corporation (the &amp;quot;FDIC&amp;quot;).Commercial banks originally existed to accept deposits, make loans, and provide other financial services to businesses. Now commercial banks offer a range and variety of services to everyone, including individual consumers.Commercial Bank Capital: Understand How Your Bank WorksA commercial...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Where did the Corporate Banking Jobs Go?]]></title><link>http://www.finweb.com/banking-credit/where-did-the-corporate-banking-jobs-go.html</link><description><![CDATA[Corporate banking jobs are jobs that provide banking services for large companies, governments and other large institutions. Corporate banking jobs can be found in any major city, particularly in significant transportation hubs and regional capitals.&amp;nbsp; Step 1 &amp;ndash; Choosing a SpecialtyIf you want to work in corporate banking, you have several options. Find the ones that best suit your skills and work experience. They include: Treasurer &amp;ndash; an upper-management job that involves supervising the employer&amp;rsquo;s treasury department. Requires analytical skill and ability to manage and motivate your subordinates. Financial Analyst &amp;ndash; determines the employer&amp;rsquo;s financial needs, monitors financial data and...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Reading Bank Financial Statements And Understanding Them]]></title><link>http://www.finweb.com/banking-credit/reading-bank-financial-statements-and-understanding-them.html</link><description><![CDATA[&amp;nbsp;The best way to understand bank financial statements is to review them at a slow pace. It is akin to other financial statements; it reveals the bank&amp;rsquo;s financial health in a nutshell.The Three Basic Bank Financial Statements income statement balance sheet cash flow It helps to learn the terms used in bank financial statements. To learn the terms research online. The bank income statement presents the total revenues, expenses, and tax. Note that this statement begins with revenues, next it subtracts total expenses, and deducts taxes. There are several items among these groups: revenues, expenses, and taxes. Look over each...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[4 Keys to Reading a Bank Financial Statement]]></title><link>http://www.finweb.com/banking-credit/4-keys-to-reading-a-bank-financial-statement.html</link><description><![CDATA[Many people are confused by the information contained in a bank financial statement from their banks. This should not frighten you. If you can be able to decipher what is on a nutrition label or even tell a baseball score, then reading and understanding your bank financial statement should not be a problem. Basic accounting can be equated to applying for a loan or following a recipe.1. Types of financial statementsThere are four main types of financial statements - cash flow, shareholder&amp;rsquo;s equity, income, and balance.Balance sheets show what the company owes, and what it owns at a particular time....]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How to Open a Business Bank Account]]></title><link>http://www.finweb.com/banking-credit/how-to-open-a-business-bank-account.html</link><description><![CDATA[Establishing a business bank account for your newly-opened shop is one of the essential things your company needs. The existence of a bank account for your company can make financial management and tracking easier for you. Banks offer different kinds of account packages that best suit your business. And opening one is pretty easy and fast.Secure Requirements and Documentation for a New AccountThe first step in opening a business bank account is gathering and preparing the paperwork required. The eligibility criteria and documentation requirements may differ according to the type of business and the state where your business is located....]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The 8 Defining Features of Corporate Bank Operations]]></title><link>http://www.finweb.com/banking-credit/the-8-defining-features-of-corporate-bank-operations.html</link><description><![CDATA[Corporate Bank operations are financial operations that involve large-scale companies, government organizations and other significant institutions. They are conducted by both retail and investment banks, and many of those banks are large national or international entities. Many of those operations are general banking activities such as deposit taking, lending and e-banking. Others, however, are more specifically tailored to their corporate clients&amp;rsquo; needs. And while the specifics of those corporate bank operations vary with each bank, but all have certain common features.International TransactionsBanks can facilitate foreign exchange transactions and provide trade financing. They can also work to protect their customers by...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The State of the Online Banking Industry]]></title><link>http://www.finweb.com/banking-credit/state-of-online-banking-industry.html</link><description><![CDATA[The online banking industry is a modern day type of banking which utilizes the Internet to perform banking functions online. The online banking industry provides new, exciting resources to bank patrons but it is important to know your facts before moving your information online.The Safety of Online BankingOnline banking is generally secure if you are aware of the safety of the website. You need to ensure that the website you use has a valid security certificate. This certificate shows that the site is protected from cyber-thieves, preventing the theft of your personal and financial information.The Practicality of Online BankingThe online...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How to Know Your Bank Follows Corporate Governance Guidelines]]></title><link>http://www.finweb.com/banking-credit/how-to-know-your-bank-follows-corporate-governance-guidelines.html</link><description><![CDATA[Bank corporate governance is the responsibility of the board of directors, which establishes the corporate governance guidelines and policies that all of the bank&amp;rsquo;s employees must follow. The clients who understand those policies can hold their banks accountable and ensure that they are treated fairlyFinding Corporate Guidance GuidelinesMost banks have their corporate guidelines posted somewhere on their website. However, they are usually found in the depths of the website&amp;rsquo;s structure, which can be quite labyrinthine and confusing. The clients can find the guidelines by: looking it up on the Internet &amp;ndash; typing in the name of the bank along with...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[10 Banking Market Complexities Clarified]]></title><link>http://www.finweb.com/banking-credit/10-banking-market-complexities-clarified.html</link><description><![CDATA[When it comes to the banking market, there are various complexities to be considered. Here are ten market complexities and why are they important. Large number of offerings - The financial services market now comprises a vast array of product offerings, instruments and/or services, which shows every intention of increasing. These new product offerings include derivatives contracts, which now go far beyond covering traditional risk classes of interest and exchange rates, and equity and commodity prices. Derivatives are attractive to investors to hedge their risks deriving from real estate, macroeconomic data releases, credit and even the weather. Increases to costs...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Insurance: Increasing Your Benefits, Decreasing Your Costs]]></title><link>http://www.finweb.com/banking-credit/bank-insurance-increasing-your-benefits-decreasing-your-costs.html</link><description><![CDATA[Getting insurance from from your bank can offer the benefit of convenience and, sometimes, savings. When making a decision to purchase insurance, be sure to understand how bank insurance might fit into your personal financial picture.Getting Insurance From Your BankMore than half of banks in the United States offer insurance products. This surprises many people as insurance has typically been something you associate with buying from an agent or a company.Until the 1990s, it was not legal for banks to sell insurance. Prior to that time there had been a &amp;ldquo;wall&amp;rdquo; erected by Congress that prohibited commercial banks from entering...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Find A Commercial Mortgage Bank For Your Home Loan]]></title><link>http://www.finweb.com/banking-credit/find-commercial-mortgage-bank-for-home-loan.html</link><description><![CDATA[Commercial mortgage banks can operate independently or as a broker for another entity. A primary advantage of finding a commercial mortgage bank to finance your home loan is they are usually solid, known entities in your community and enjoy a strong reputation. You will feel secure obtaining your home loan from a commercial mortgage bank.Find a Commercial Mortgage Bank for Your Home LoanCommercial mortgage banks are overseen by the Federal Government and strictly regulated. They will usually fund your mortgage with their own money. The transaction will generally be in-person, clear and straightforward. It's also easier and simpler to get...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[3 Commercial Banking Services That Save You Money]]></title><link>http://www.finweb.com/banking-credit/3-commercial-banking-services-that-save-you-money.html</link><description><![CDATA[Most commercial banks don't just offer the standard business checking and savings accounts, but now provide a wide range of commercial banking services that can save your business or proposed business money.Commercial Banking Services That Save You Money In addition to business loans, many commercial banks also offer business planning services that will help you clearly map out the financial needs of your business and apply your loan to the areas where it will deliver the most value. The range of commercial banking services will often include a short, preliminary business plan to help you examine your options, and when...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[How to Make The Investment Banking Industry Work For You]]></title><link>http://www.finweb.com/banking-credit/how-to-make-investment-banking-industry-work-for-you.html</link><description><![CDATA[The investment banking industry is made up of banks that focus on various aspects of investment with the intention of benefiting their patrons' accounts. By knowing some important advice about the investment banking industry, you will be able to make smart decisions when it comes to making the investment banking industry work for you.Step 1 - Have a Clear Investment PlanIt is important to have a clearly-defined investment plan before you begin your involvement with the investment banking industry. Once you have a clear investment plan, all investment decisions should be based around it.Step 2 - Stay FocusedRemember that investing...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[10 Tips To Finding The Best Bank Rates]]></title><link>http://www.finweb.com/banking-credit/10-tips-to-finding-best-bank-rates.html</link><description><![CDATA[What steps should you take to find the best bank interest rate, given that banks are always competing for your loan business? Here is a list of steps to assist you in finding the bank that will provide you with the best possible interest rate.1. Get a copy of your credit report - When looking for any type of loan the first step you should always take is to request a copy of your credit report and verify that it is correct.2. Fix any discrepancies - If there are any discrepancies on your credit report be sure to take the...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Commercial Banking Online: Save Time Through The Web]]></title><link>http://www.finweb.com/banking-credit/commercial-banking-online-save-time-through-the-web.html</link><description><![CDATA[Many businesses are now taking advantage of commercial banking online.Save time Through the WebCommercial banking online offers up to the minute data in real time. Any information you access online is accurate at that moment, an important advantage when an immediate and critical financial business decision must be made.Online banking can often be customized to meet the specific needs of an individual business. It not only saves time by making your business accounts and financial information available to you at any time, it also offers the convenience of letting you initiate or schedule a financial transaction outside conventional business hours....]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Leveraging Debt On A Bank Financial Credit Card]]></title><link>http://www.finweb.com/banking-credit/leveraging-debt-on-a-bank-financial-credit-card.html</link><description><![CDATA[When you have a high credit score that is at least over 700 points, you are in a position to negotiate with your credit card company concerning your bank's financial credit card. To get a high credit score you should use your credit card in a responsible manner. You can get a free credit report at several sites on the Internet.These are some ways to leverage debt on a bank financial credit card. Negotiate a new lower annual percentage rate. Get a different account with better terms. Get fees waived. A representative will probably say no to your requests. It...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Indicators You Should Increase Your Bank Market Share]]></title><link>http://www.finweb.com/banking-credit/indicators-should-increase-bank-market-share.html</link><description><![CDATA[Your bank market share is the percentage of business for which your bank is responsible in your local bank market. A large market share is essential to the success of any bank.Reasons to Increase Bank Market ShareThere are a number of red flags that a bank must work on increasing its market share in order to weather an economical storm. They include: No recognizable strength - Your goal needn't be the overall top bank market share, but you must have at least one strength. For example, small community banks in some areas have as much as 50% of the small...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Commercial Bank Management Principles For Your Money Needs]]></title><link>http://www.finweb.com/banking-credit/commercial-bank-management-principles-for-your-money-needs.html</link><description><![CDATA[Commercial bank management may service individual consumers, but unlike a retail bank, the primary focus of a commercial bank is accepting deposits and providing loans to businesses and large corporations.Commercial Bank Management Meets Your NeedsCommercial banks often offer a wider range of money management options than a conventional retail bank. Commercial bank management account services can offer greater efficiency, flexibility and productivity for your money. Flexibility and variety of service options are especially attractive components of commercial banking because financial service requirements vary from business to business, and often the financial needs of an individual business evolve and change over...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[A Banking Industry Tutorial]]></title><link>http://www.finweb.com/banking-credit/banking-industry-tutorial.html</link><description><![CDATA[The banking industry refers to the system of services provided by banks throughout the world. The banking industry has a long history and serves many important roles in today's society. For many years the American banking industry has been a particularly strong and critical player in the world economically, and today it is still recognized as being very influential.History of the Banking IndustryThe original purpose of a bank was purely business related, providing trading companies and other businesses with loans. Many businesses used these loans to purchase their inventory and upon the sale of such goods, repaid the bank all...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Commercial Bank Lending: Easy Steps For Loan Approval]]></title><link>http://www.finweb.com/banking-credit/commercial-bank-lending-easy-steps-for-loan-approval.html</link><description><![CDATA[Going through commercial bank for your next loan may be the best way to get the funding you need for your business or project. You will be much more likely to be approved for a loan if you know what the process will require.Build Up Your CreditBefore you start looking for a loan, you should check out your credit score. No matter what your purpose for the funding, a commercial bank will only consider your loan if you have good credit, especially when you have little collateral to offer. If your credit is less than perfect, you can begin to...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Management And Financial Services: A Personnel Breakdown]]></title><link>http://www.finweb.com/banking-credit/bank-management-and-financial-services-a-personnel-breakdown.html</link><description><![CDATA[To understand a personnel breakdown in bank management and financial services one has to know there are two kinds of banks: wholesale banks and retail banks. Wholesale banks have more senior staff that is 20% compared to 18% in retail banks. The management personnel are broadly broken down into top management, middle management, and supervisory personnel.Functions Related to CustomersIn bank management and financial services, retail banks staff more non-officer personnel in functions related to customers about 51%. But wholesale banks have more bank officers in customer related function at 28% and retail banks at 21%.Functions Related to ProcessWholesale banks commit...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Middle Market Banking And Its Distinguishing Features]]></title><link>http://www.finweb.com/banking-credit/middle-market-banking-distinguishing-features.html</link><description><![CDATA[A middle market bank is an investment bank dedicated to providing business solutions to middle market businesses. Clients include companies with revenues or transaction sizes of between $5 million to less than $1 billion. JP Morgan Chase, for example, covers companies with annual revenues of $10 million to $500 million.Distinguishing Features of Middle Market Banks Wide expertise - The middle market bank has a staff of professionals with expertise and background in the fields in which they specialize. These include, but are not limited to, law, commercial and investment banking, and financial consulting firms. Broad array of products and services...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[The Future of the Mortgage Banking Industry]]></title><link>http://www.finweb.com/banking-credit/future-of-mortgage-banking-industry.html</link><description><![CDATA[The mortgage banking industry is made up of banks that specialize in creating and servicing mortgage loans directly to consumers, and secondary banks that buy or secure these mortgages. There are over 6,000 firms that make up the American mortgage banking industry.The Secondary Mortgage MarketIn the mortgage banking industry, mortgage banks often sell their mortgages to a larger company on the secondary mortgage market. The mortgage is thereby secured by the secondary company. The two largest buyers of secondary mortgages are the Federal National Mortgage Association, better known as Fannie Mae, and the Federal Home Loan Mortgage Corporation, better known...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Bank Financial Services: Options For Your Business]]></title><link>http://www.finweb.com/banking-credit/bank-financial-services-options-for-your-business.html</link><description><![CDATA[Banks offer several bank financial services to small businesses. One service they offer is lines of credit for short-term funding applications. Banks offer term loans and SBA loans for buying items needed to run and develop a business. Some banks issue business credit cards to use for business purchases. They offer bank financial services like commercial mortgages to ease the finance of space needed for warehouses, offices, buildings for retail, wholesale, and manufacturing use.Bank financial services also include the option of a small business lease. Many businesses take advantage of this option to obtain equipment or machinery. This option saves...]]></description><pubDate>October 20, 2009  6:21 PM</pubDate></item><item><title><![CDATA[Is Borrowing Good for Business?]]></title><link>http://www.finweb.com/banking-credit/is-borrowing-good-for-business.html</link><description><![CDATA[Businesses and governments borrow money for a number of reasons. The most important can be attributed to the fact that sufficient funds are not on hand to pay for the purchases that they are unable or unwilling to delay. Some purchases require a substantial amount of capital that would be impossible to raise without borrowing. Businesses borrow in order to procure raw materials or build factories. Governments borrow to build highways and pay for services demanded by their citizens. Sometimes borrowing is for the purpose of keeping one&amp;rsquo;s own cash reserves available for other investments and using someone else&amp;rsquo;s money...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Maximizing Small Business Bank Accounts - Fees And Credit]]></title><link>http://www.finweb.com/banking-credit/maximizing-small-business-bank-accounts-fees-and-credit.html</link><description><![CDATA[Small business bank accounts vary considerably in terms of the fees they charge as well as credit options they offer. The following are some tips in ensuring that you extract maximum benefits form your small business bank account:Fees &amp;amp; Minimum BalancesBanks vary considerably in terms of the minimum balance required to avoid monthly service fees on business accounts. Make sure you are aware of these balances as well as the fees that you may be charged if your balance falls below this level. Value added services such as online bill payments and check images also vary with respect to charges.Some...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Small Business Online Banking: E-Tools For Entrepreneurs]]></title><link>http://www.finweb.com/banking-credit/small-business-online-banking-e-tools-for-entrepreneurs.html</link><description><![CDATA[Online banking e-tools offer entrepreneurs a host of small business online banking options.&amp;nbsp; These options allow them to easily manage their account whenever convenient, from anywhere in the world. Most online banks also offer assistance to entrepreneurs either over the telephone or email through real-time bankers. Additionally, small business entrepreneurs have access to business banking loans and other financial services merely at the click of a few buttons, making it a highly popular option for them who want to avail of all the benefits of online banking savings. Additional e-tools small business online banking provides include: Mobile BankingMany online banks...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[What Does A Small Business Bank Offer Entrepreneurs?]]></title><link>http://www.finweb.com/banking-credit/what-does-a-small-business-bank-offer-entrepreneurs.html</link><description><![CDATA[Setting up an account at a small business bank is one of the first steps that any entrepreneur should take as soon as the business entity is registered. Modern banks offer a wide variety of services that are indispensable to the modern entrepreneur. Some of these service offerings can help determine the best bank for small businesses:&amp;nbsp;Access to Loans/Credit&amp;nbsp;While conventional loans are also available to small businesses, a small business development bank can often offer Small Business Association (SBA) loans to companies that may not qualify for conventional loans. Both types of financing as well as access to business credit...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Understanding The Business Behind 'No Credit No Problem']]></title><link>http://www.finweb.com/banking-credit/understanding-the-business-behind-no-credit-no-problem.html</link><description><![CDATA[If you have spent any time shopping online, you have probably seen a number of ads that promise you increased spending power even if you have bad credit. &amp;quot;No credit no problem&amp;quot; or &amp;quot;No credit check required&amp;quot; are often the terms used to lure customers in. While a healthy level of skepticism is always a good thing, companies are able to offer these kinds of no credit needed offers as a legitimate business practice.Bank SupportOne of the ways businesses benefit from offering these kinds of enticements is because there is enormous support from the financing industry. The person with perfect...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[How To Open A Free Business Bank Account?]]></title><link>http://www.finweb.com/banking-credit/how-to-open-a-free-business-bank-account.html</link><description><![CDATA[New businesses have limited resources at their disposal, and to help these businesses along, we can recommend the following steps in opening a free business bank account:Step 1 &amp;ndash; Evaluate Your Needs: Banks vs. Credit UnionsBrick and mortar banks typically have higher overheads and may be unable to offer free business bank accounts. However, some brick and mortar banks as well as online banks have started to offer free business checking, account saving account combinations for low volume businesses. Credit unions typically offer low-fee or free business hank accounts. Step 2 &amp;ndash; Compare Business Account FeesYou may be able to...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[How To Open A Business Bank Account Online?]]></title><link>http://www.finweb.com/banking-credit/how-to-open-a-business-bank-account-online.html</link><description><![CDATA[Opening a business account online is one of the first steps that an business entrepreneur should take, and this guide goes through the simple steps of how to open a business bank account online:Decide on the type of bank account and servicesYou need to assess your needs to choose the best option for your business. This will be based on the number of monthly transactions required, the minimum balance you can afford to retain and whether you need services such as online bill payment, lockbox, etc. While there are many types of bank deposit accounts available, you will most likely...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Finding Free Small Business Banking Accounts and Services]]></title><link>http://www.finweb.com/banking-credit/finding-free-small-business-banking-accounts-and-services.html</link><description><![CDATA[If you have just set up your business, you are probably looking for options for free small business banking services so you can best utilize the limited resources at your disposal. You can find many options by following a few simple steps:Step 1: Identify Your NeedsYou will need at least a bank checking and savings account.&amp;nbsp;&amp;nbsp; Keep in mind that many banks also provide merchant services to integrate credit card payments and tap into small business bank loans. Once you have our requirements, you can research the various options available.Step 2: Research the Available OptionsMost online banks will offer free...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Small Business Bank Account Benefits For Entrepreneurs]]></title><link>http://www.finweb.com/banking-credit/small-business-bank-account-benefits-for-entrepreneurs.html</link><description><![CDATA[Opening of a small business bank account can provide many benefits for the entrepreneur.&amp;nbsp; It is one of the most important steps, when opening a business and should be done once the business is registered. Small business bank accounts can provide small business loans and other benefits to entrepreneurs:Convenience &amp;amp; TraceabilityA small business bank account allows the business owner to separate all business expenses from personal expenses. Most banks now allow transaction history to be downloaded in formats that can be directly uploaded to most popular accounting software packages. This segregation will save you considerable time in preparing taxes and...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[5 Ways Of Assessing The Best Business Bank]]></title><link>http://www.finweb.com/banking-credit/5-ways-of-assessing-the-best-business-bank.html</link><description><![CDATA[It&amp;rsquo;s important to know how to access the best business bank for your business transaction needs. Whether you are running a sole proprietorship or a small business, it is important you select an appropriate bank for your financial transactions. Having a supportive and highly efficient banking structure will make all the difference in your business dealings, and contribute to the success of your company. Here are 5 of the most reliable ways of assessing the best banking services for all your company needs: 1.&amp;nbsp;&amp;nbsp;&amp;nbsp; Flexibility and AffordabilityThe bank you pick should be highly affordable in its rates, and provide you,...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Online Business Bank Account - Advantage of Instant Orders]]></title><link>http://www.finweb.com/banking-credit/online-business-bank-account-advantage-of-instant-orders.html</link><description><![CDATA[An online business bank account allows you to have the flexibility to utilize key banking facilities 24 hours a day using the Internet. A few key advantages of having an online business bank account are as follows:Instant ReconciliationAn online banking checking account typically allows you to check account balances and retrieve a historical record of transactions conducted in your account for as far back as a year. Transaction history can also be downloaded from the online interface to allow you to reconcile your books and help prepare taxes for your business. Instant Transfers Between AccountsOnline banking allows you to transfer...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[General Banking and Credit]]></title><link>http://www.finweb.com/banking-credit/general-banking-credit.html</link><description><![CDATA[If you are one of the millions of Americans who borrow money to finance your purchases, you should know how your credit and your bank influences your daily life. Banks, which act as a place for the deposit of money, make loans and provide certificate of deposit (CD), checking and savings account services. Taking a loan is a prominent way to pay for large purchases and your credit rating determines the amount and the loan that the banks are willing to offer you. The best way to keep up your credit standing is to repay all debts on time. And...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Using Debt Settlement to Cut Credit Card Debt: Pros and Cons]]></title><link>http://www.finweb.com/banking-credit/using-debt-settlement-to-cut-credit-card-debt-pros-and-cons.html</link><description><![CDATA[You can use a settlement option to cut credit card debt, but this is not always the best option you have. Consider all the downsides of consolidating prior to looking into your options. You may find the downsides are too great to go through the process. On the other hand, you may find the benefits are great enough to counter any concerns you have about the challenges posed by consolidation.&amp;nbsp; Con: Simpler Options May be Available If you can change your financial decisions and pay off your debt on schedule, it is always the best option. For example, you may...]]></description><pubDate>April  7, 2011 12:05 AM</pubDate></item><item><title><![CDATA[Finding the Best Credit Card Debt Consolidation Loan]]></title><link>http://www.finweb.com/banking-credit/finding-the-best-credit-card-debt-consolidation-loan.html</link><description><![CDATA[A credit card debt consolidation loan can help you escape the pressures of collections agencies, save your credit and save you a good deal of money. However, whether or not all of these goals are achieved depends on the loan itself. Some debt consolidation loans can end up doing more harm than good. Look for these features to assure your loan is beneficial and affordable. Low Interest Rates The number one thing to look for in any consolidation loan is a low interest rate. With a consolidation loan, you are paying off your existing debts and adding your balance to...]]></description><pubDate>April  7, 2011 12:02 AM</pubDate></item><item><title><![CDATA[Consequences of Credit Card Default]]></title><link>http://www.finweb.com/banking-credit/consequences-of-credit-card-default.html</link><description><![CDATA[Credit card default is a topic that no one wants to have to deal with. However, if you do not pay your credit card bills, eventually they are going to go into default. Here are some of the consequences that you should expect with credit card default. Negative Statements If you start to miss some payments on your credit cards, the first thing that is going to happen is that you will get negative statements on your credit file. Credit card companies regularly report to the three major credit bureaus. Whenever a customer is not making payments on their cards,...]]></description><pubDate>April  6, 2011  9:52 PM</pubDate></item><item><title><![CDATA[Department Store Credit Cards Explained]]></title><link>http://www.finweb.com/banking-credit/department-store-credit-cards-explained.html</link><description><![CDATA[Most major retailers today offer department store credit cards. These credit cards may be operated through accounts with major banks and processing companies, and they carry many similarities to standard credit cards. There are some differences to note, though, that make these accounts less attractive in certain circumstances. Revolving Credit Cards Most personal credit cards and department store credit cards are extended on a revolving basis. This sounds confusing, but many borrowers are actually similar with the revolving process. This means the issuer, whether it is a bank or department store, provides you with a limit you can spend at...]]></description><pubDate>April  6, 2011  8:10 PM</pubDate></item><item><title><![CDATA[Why You Need a Small Business Credit Card]]></title><link>http://www.finweb.com/banking-credit/why-you-need-a-small-business-credit-card.html</link><description><![CDATA[ You may be worried about running up bills on a small business credit card. While learning to spend wisely is important, you should not be afraid of business credit all together. On the contrary, opening and using a small business credit card will provide you with financial advantages as you move forward with your company. Consider these benefits to having a small business card in order to support, expand and keep your business running smoothly. Build Business Credit When you first start a new business, you will rely on your personal finances, personal credit and support from your investors...]]></description><pubDate>March 27, 2011  4:00 AM</pubDate></item><item><title><![CDATA[Choosing the Right Small Business Credit Cards]]></title><link>http://www.finweb.com/banking-credit/choosing-the-right-small-business-credit-cards.html</link><description><![CDATA[ Small business credit cards are a part of running most small businesses. You may think of &quot;credit cards&quot; as a risky option for paying bills, but many small businesses rely on cards to help them deal with the routine business cycle. Cards can be used to buy raw materials before they can be sold for a profit. Cards can also be used to purchase tools for expansion. Credit cards will come in handy when a business is experiencing a slow cycle and needs a little help to get over the hump; this is particularly true for seasonal businesses. However,...]]></description><pubDate>March 26, 2011  4:00 AM</pubDate></item><item><title><![CDATA[How to Get a New Small Business Credit Card]]></title><link>http://www.finweb.com/banking-credit/how-to-get-a-new-small-business-credit-card.html</link><description><![CDATA[ When you set out to get a new small business credit card, you should focus on getting the right options for your business instead of just taking the first card that presents itself. Ensure you can afford your line of credit while also making sure the credit line is large enough to accommodate your business. Use these tips to determine which card will work for you then set out getting that card. Incorporate Legally You cannot have a credit card in the name of a business until it is legally founded. You do not need to form a corporation...]]></description><pubDate>March  1, 2011  4:08 AM</pubDate></item><item><title><![CDATA[What Does It Mean to Have Credit Card Debt Charged Off?]]></title><link>http://www.finweb.com/banking-credit/what-does-it-mean-to-have-credit-card-debt-charged-off.html</link><description><![CDATA[ If you have charged off credit card debt, you may be unsure what it means and what to do next. Charged off debt occurs when you are significantly behind in payments and the bank writes the debt off as bad debt on its records. It does not mean that you no longer owe the debt, however. When this happens, your charging privileges are revoked. What Is Charged Off Debt? Charged off debt is a debt that is no longer an asset for the company but has instead become a liability. The debt will still need to be repaid, or...]]></description><pubDate>January 14, 2011  4:00 AM</pubDate></item><item><title><![CDATA[3 Ways to Get Out of Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/3-ways-to-get-out-of-credit-card-debt.html</link><description><![CDATA[ There are many ways to get out of credit card debt. If you find yourself under mounds of credit card&amp;nbsp;debt, you do have options. Some options will cause a big hit to your credit score, so it is important to find the best method for you and your situation. 1. Paying Down Debt You can get out of credit card the old-fashioned way by paying down the balances yourself. As long as your payments are on time, you will have no negative credit impact. Actually, you will have the opposite. Your score should see a boost once your balances...]]></description><pubDate>January 11, 2011  4:02 AM</pubDate></item><item><title><![CDATA[The Best Ways to Reduce Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/the-best-ways-to-reduce-credit-card-debt.html</link><description><![CDATA[ There are many ways to reduce credit card debt, and understanding what is right for you can be overwhelming. Some of the common debt reduction methods have negative long-term consequences. Establishing and maintaining better spending habits is always the best way to reduce debt. Budget Budgeting is very important, especially if you are trying&amp;nbsp;to pay down debt. You must know exactly what is coming in and what is going out. Once you have an idea of your finances and how much disposable income you have left, you can designate a set amount for your debt repayment. Snowball Method The...]]></description><pubDate>December 16, 2010  4:00 AM</pubDate></item><item><title><![CDATA[How to Settle Credit Card Debt on Your Own]]></title><link>http://www.finweb.com/banking-credit/how-to-settle-credit-card-debt-on-your-own.html</link><description><![CDATA[ You can settle credit card debt without assistance from a settlement company. When you use a settlement company, you will pay for the service. Settling the debt alone can save you money at a time when you truly need the savings. However, since you will not be guided by an expert, you will have to be careful to assure you are lawfully and aggressively settling your debts for the future. Be wary of the affect this will have on your credit, and always ensure you are following legal guidelines on settlement that protect both you and the lender. #1...]]></description><pubDate>December 11, 2010  4:20 AM</pubDate></item><item><title><![CDATA[5 Misconceptions about Settling Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/5-misconceptions-about-settling-credit-card-debt.html</link><description><![CDATA[ Settling credit card debt is not as easy as some people may lead you to believe. Debt settlement companies will often make the process seem simple and cost effective. In reality, any debt settlement process is complicated and costly. Consider these fallacies if you are thinking about settling your credit card debt. #1 It Is Available to Anyone Not all individuals will benefit from credit card debt settlement. It is truly viable only for a person who cannot reasonably afford to continue paying debts yet has the income to settle the debts. This is a very narrow window. If...]]></description><pubDate>December 11, 2010  4:18 AM</pubDate></item><item><title><![CDATA[How to Refinance Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/how-to-refinance-credit-card-debt.html</link><description><![CDATA[ There are two primary methods to refinance credit card debt. You can modify the terms directly with your lender. Or, your new lender can assume the debt you owe. The new lender usually transfers your balance to a new card, but you can also take an installment loan to refinance. Your personal situation will dictate your primary goals. Credit Impact Whenever you refinance a loan, you are changing your credit profile, and this will result in a change in credit score. If you modify directly with your current lender, you may have a small credit drop because of the...]]></description><pubDate>November 23, 2010  4:14 AM</pubDate></item><item><title><![CDATA[Non-Profit Credit Card Debt Consolidation: What's in It for Them?]]></title><link>http://www.finweb.com/banking-credit/non-profit-credit-card-debt-consolidation-whats-in-it-for-them.html</link><description><![CDATA[ Non profit credit card debt consolidation companies may sound too good to be true. However, there are a number of non profit companies that provide their services to help consumers reduce debt. Many non profit companies are profitable, but they do not net any income, after expenses, at the end of the year. Fees Non profit does not mean free. When you contact a non profit consolidation company, you will receive a quote for interest and fees charged on the loan. They must charge these fees in order to avoid losses, due to inflation. They also must charge fees...]]></description><pubDate>November 23, 2010  4:11 AM</pubDate></item><item><title><![CDATA[How to Terminate Credit Card Debt without Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/how-to-terminate-credit-card-debt-without-bankruptcy.html</link><description><![CDATA[ If you are approaching bankruptcy due to your current debts, aim to terminate credit card debt in order to avoid the negative consequences of bankruptcy. Many credit card lenders are willing to negotiate with you to reduce the amount you owe, prior to a bankruptcy case. Credit card companies often receive very little in a bankruptcy case; this form of debt is often unsecured and subordinate to other debts. By pursuing negotiations on your credit card debt, you can avoid bankruptcy all together. Remove Unlawful Debts Debts past the statute of limitations in your state are no longer legally...]]></description><pubDate>November 23, 2010  4:09 AM</pubDate></item><item><title><![CDATA[How Does Credit Card Debt Arbitration Work?]]></title><link>http://www.finweb.com/banking-credit/how-does-credit-card-debt-arbitration-work.html</link><description><![CDATA[ Credit card debt arbitration is a process that settles your current debts with an existing lender. It is important to know you will have to pay a portion of your debt in order to successfully settle. However, through successful arbitration, the portion you pay can be lowered to an amount much easier for you to handle. This can save you from problems, such as bankruptcy or default, on the debt. The process is never straight forward because it depends largely on the regulations in your state and the position you are currently in with your lenders, as well as...]]></description><pubDate>November 23, 2010  4:07 AM</pubDate></item><item><title><![CDATA[Learn to Beat Credit Card Debt One Debt at a Time]]></title><link>http://www.finweb.com/banking-credit/learn-to-beat-credit-card-debt-one-debt-at-a-time.html</link><description><![CDATA[ You can beat credit card debt by applying simple strategies that have been proven to get you back on track. You do not need to take drastic steps to settle, consolidate or remove debts. Instead, simply be smart with your income and debts, and stay on track with a consistent payment plan. The first step is to build a budget. Start by determining how much you earn, after taxes. Divide this amount in half. The remaining sum is the total you can afford to spend on debt. Allocate this toward rent or mortgage, loans, and other fixed payments.&amp;nbsp; How...]]></description><pubDate>November 23, 2010  4:04 AM</pubDate></item><item><title><![CDATA[5 Signs Your Credit Card Debt Is Getting Out of Hand]]></title><link>http://www.finweb.com/banking-credit/5-signs-your-credit-card-debt-is-getting-out-of-hand.html</link><description><![CDATA[ If you have credit card debt, it can be very overwhelming. You constantly try to keep up with minimum payments, look for better rates and&amp;nbsp;transfer balances just to keep up. There comes a point where your debt is out of control, and it is important to understand and recognize the warning signs so you can get your credit card debt back in order. 1. Your Only Pay the Minimum If you only pay the minimum payment due when the bill arrives every month, then your credit card is out of control. This means that you do not have the...]]></description><pubDate>November 22, 2010  4:43 AM</pubDate></item><item><title><![CDATA[Credit Card Debt Advice for the Young]]></title><link>http://www.finweb.com/banking-credit/credit-card-debt-advice-for-the-young.html</link><description><![CDATA[ The best credit card debt advice for young people is honest and straightforward. Some parents may try to save their child's credit by avoiding giving him or her a credit card altogether. While this will stop credit emergencies, it will also fail to teach lessons and build necessary credit for the future. Young people should learn to manage debt, not avoid it, with positive credit advice.&amp;nbsp; When to Get a Credit Card It is best to get a credit card once you have an income. Without an income, assuring you can meet your debts is very uncertain. Further, most...]]></description><pubDate>November 22, 2010  4:41 AM</pubDate></item><item><title><![CDATA[Avoid Credit Card Debt the Right Way]]></title><link>http://www.finweb.com/banking-credit/avoid-credit-card-debt-the-right-way.html</link><description><![CDATA[ Credit cards are important in building a credit profile, but it is good to learn to avoid credit card debt. You do no need to have a mountain of debt simply because you use credit cards. Using credit cards responsibly can help boost your credit score and help you financially when you make large purchase. They are also extremely convenient and offer safety and security for online transactions. Just be sure to follow a few rules to keep your credit card debt under control. Open Few Cards You do not need to open a card in every department store...]]></description><pubDate>November 22, 2010  4:39 AM</pubDate></item><item><title><![CDATA[Prepaid Debit Cards vs Prepaid Credit Cards]]></title><link>http://www.finweb.com/banking-credit/prepaid-debit-cards-vs-prepaid-credit-cards.html</link><description><![CDATA[ If your credit is not so good, you may be interested in either a prepaid debit card or a prepaid credit card. Several finance companies target consumers with no credit or bad credit to utilize their prepaid cards as a way to establish or rebuild their credit. In order to select the right card, you must know the difference between the two. Prepaid Debit Card Prepaid debit cards provide you with the flexibility of being able to deposit money to the card. The catch is that you cannot spend more than the amount placed on the card. It can...]]></description><pubDate>August 30, 2010  6:06 PM</pubDate></item><item><title><![CDATA[Credit Card Debt Forgiveness Comes at a Cost]]></title><link>http://www.finweb.com/banking-credit/credit-card-debt-forgiveness-comes-at-a-cost.html</link><description><![CDATA[ Credit card debt forgiveness is one way that you can eliminate your credit card debt. Even though it is possible to get rid of a large amount of debt quickly, it is going to come with a steep price. Here are a few things to consider about credit card debt forgiveness and why you might want to avoid it. Credit Card Debt Forgiveness With this process, the company is going to agree to take less money than what is owed on your credit card. In order to arrange this, you are going to have to pay them a lump...]]></description><pubDate>August 13, 2010  4:06 AM</pubDate></item><item><title><![CDATA[Credit to Debit: Should You Make the Switch?]]></title><link>http://www.finweb.com/banking-credit/credit-to-debit-should-you-make-the-switch.html</link><description><![CDATA[ When it&amp;rsquo;s time to reach in your wallet at the checkout stand, do you choose&amp;nbsp;credit or debit&amp;nbsp;to pay for your purchase? Perhaps you hesitate to take out your credit card and instead use your check card to debit the purchase. With credit cards, you have to worry about paying interest, which can add up over time. However, before you rule out using your credit card, consider that it may be to your advantage to select the credit option for your next purchase at the checkout stand. What&amp;rsquo;s the Difference?Debit and credit cards accomplish the same thing: they provide&amp;nbsp;the convenience...]]></description><pubDate>August  7, 2010  4:10 AM</pubDate></item><item><title><![CDATA[3 Tips for Increasing Your Credit Card Limit]]></title><link>http://www.finweb.com/banking-credit/3-tips-for-increasing-your-credit-card-limit.html</link><description><![CDATA[ If you have a credit card, you may be seeking ways to increase your credit card limit. Before working on your limit increase, familiarize yourself with the terms and conditions of the credit card company. The terms and conditions will give you insight into what your rights and responsibilities are with the card. Also, know why you are wanting to have an increase. The larger the credit card limit, the higher your repayment and finance charge (depending on how you utilize your card). Once you have completed these two steps, you are ready to increase your credit card limit....]]></description><pubDate>August  7, 2010  4:08 AM</pubDate></item><item><title><![CDATA[How to Avoid Losing Rewards Points]]></title><link>http://www.finweb.com/banking-credit/how-to-avoid-losing-rewards-points.html</link><description><![CDATA[ Rewards points are offered with many credit cards. If you are not careful, you could potentially lose the rewards points to which you are entitled. Here are a few things to keep in mind when trying to avoid losing your rewards points. Automatic Payments Many times, if you make a late payment, you are not going to be able to keep your rewards points. This can happen even if you are only one day late on your credit card payment. In order to avoid this problem, you need to sign up for automatic bill pay. Your payment can be...]]></description><pubDate>August  7, 2010  4:05 AM</pubDate></item><item><title><![CDATA[Spotting Fraudulent Credit Card Fees]]></title><link>http://www.finweb.com/banking-credit/spotting-fraudulent-credit-card-fees.html</link><description><![CDATA[ Most people are familiar with credit card fees including the APR, over-limit fees and annual fees, but have you ever really read your credit card statement? If you have not, then you may be getting charged fraudulent fees. In order to help prevent these types of activities, the Credit Card Accountability Responsibility and Disclosure Act (CARD Act) was enacted. The CARD Act was passed as a way to provide consumers protection and to make the use of credit more transparent. The design of credit card statements has become more consumer friendly so that consumers understand how their credit is...]]></description><pubDate>August  7, 2010  4:02 AM</pubDate></item><item><title><![CDATA[Don't Overpay for Prepaid Debit Cards]]></title><link>http://www.finweb.com/banking-credit/dont-overpay-for-prepaid-debit-cards.html</link><description><![CDATA[ If you are not careful, you can easily overpay for prepaid debit cards, just as you can for anything else. There is an abundance of companies offering these prepaid debit cards, and of course, not every company is going to charge the same fees or the same amounts in fees. You can expect to be charged fees such as an activation fee and a fee to reload your card. These are normal fees. However, some companies will go beyond the normal fees and will charge their customers for things such as the following: calling customer service, checking the balance...]]></description><pubDate>August  7, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Credit Protection Plan: Not the Best Defense]]></title><link>http://www.finweb.com/banking-credit/credit-protection-plan-not-the-best-defense.html</link><description><![CDATA[ A credit protection plan is a product that is offered by most credit card companies today. Even though this type of coverage might sound attractive, there are several good reasons that you will want to stay away from it. Here are a few things to consider about credit protection plans and why you should most likely stay away from them. Credit Protection Plans If you have ever spoken to your credit card company on the phone, there is a good chance that you have been offered a credit protection plan. Most of the time, the company will offer this...]]></description><pubDate>August  5, 2010  4:31 AM</pubDate></item><item><title><![CDATA[Credit Card Authorized User: When It Does and Doesn't Work]]></title><link>http://www.finweb.com/banking-credit/credit-card-authorized-user-when-it-does-and-doesnt-work.html</link><description><![CDATA[ If you have added a credit card authorized user to your account or if you are thinking of adding one, you may wonder when this relationship works and when it doesn't work. Of course, mixing finances with any personal relationship can put a strain on that relationship, or it could lead to a better relationship. If the credit card authorized user doesn't have good credit and there are things you know this person needs to purchase immediately, he or she will now be able to do so. If this person is trustworthy, he or she will repay you for...]]></description><pubDate>August  5, 2010  4:28 AM</pubDate></item><item><title><![CDATA[Authorized Users vs. Joint Account Holders]]></title><link>http://www.finweb.com/banking-credit/authorized-users-vs-joint-account-holders.html</link><description><![CDATA[ If you are setting up a new credit card account, you may be interested in knowing the difference between authorized users and joint account holders before you begin adding a person or people to your accounts. This information could save you financial hassles later. Authorized User This main difference between the two is that an authorized user is not responsible for paying the bill. This means that the user can use the card as he/she wishes and the only person who is liable for paying the bill is you. For this reason, you would only want to add an...]]></description><pubDate>August  5, 2010  4:26 AM</pubDate></item><item><title><![CDATA[How to Lower Your Credit Card Rate]]></title><link>http://www.finweb.com/banking-credit/how-to-lower-your-credit-card-rate.html</link><description><![CDATA[ Learning how to lower your credit card rate could potentially save you a large amount of money over the long term. Credit card interest is typically one of the highest interest rates in the financial market. If you are willing to try, you should be able to lower your interest rate to a more reasonable level. Look at Yourself Before you try to lower your credit card rate, you need to take a look at your own situation. Try to determine if you think that you are a good candidate for a lower rate. Credit card companies are going...]]></description><pubDate>August  5, 2010  4:24 AM</pubDate></item><item><title><![CDATA[What the Credit Card Act Means to You]]></title><link>http://www.finweb.com/banking-credit/what-the-credit-card-act-means-to-you.html</link><description><![CDATA[ The Credit Card Act has changed the way that banks and credit card companies do business. There are a number of ways that the Credit Card Act can affect you. Here are a few things to consider about what this legislation means to you.&amp;nbsp; Notification Requirements One of the big ways that this legislation affects you is in the area of notification requirements. Companies are now required to notify you further in advance of certain things that can affect you. According to the rules, they have to let you know at least 45 days in advance before making any...]]></description><pubDate>August  5, 2010  4:21 AM</pubDate></item><item><title><![CDATA[Beware of Credit Card Currency Conversion Fees]]></title><link>http://www.finweb.com/banking-credit/beware-of-credit-card-currency-conversion-fees.html</link><description><![CDATA[ If you are going to use your credit card overseas, it is essential that you are fully aware of the currency conversion fees charged by your provider. With these fees in place, buyers end up spending more money on purchases than what they initially thought. What Are Credit Card Currency Conversion Fees? With almost every credit card (there are some that do not charge a fee), there is a fee that is charged in order to process purchases made outside of the United States. With most cards, you will pay a 1 percent processing fee for nothing more than...]]></description><pubDate>August  5, 2010  4:19 AM</pubDate></item><item><title><![CDATA[4 Balance Transfer Tips]]></title><link>http://www.finweb.com/banking-credit/4-balance-transfer-tips.html</link><description><![CDATA[ A balance transfer is one of the most effective and convenient ways of eliminating credit card debt. It basically involves moving all your unpaid balances from a current credit card to a new one. Transferring your balances will result in reduced credit card costs because companies normally offer lower interest rates when you move your account to them. Still, there are some pitfalls that you need to be aware of when moving your balances. The tips below will help you determine if you are getting a good deal.1. Look for 0% Interest Rate on Balance TransfersCredit card issuers offer...]]></description><pubDate>June  1, 2010  4:11 AM</pubDate></item><item><title><![CDATA[Dramatic Effect of One Late Payment on Auto Insurance]]></title><link>http://www.finweb.com/banking-credit/dramatic-effect-of-one-late-payment-on-auto-insurance.html</link><description><![CDATA[ A late payment of your auto insurance premium is something that you might not take very seriously unless and until you bear the consequences. Auto insurance is necessary, and if the premium for it is not paid on time, the negative effects can be dramatic. Effect on Premium Rates If you are paying the insurance premium on time, you receive a discount next time you renew the insurance policy. However, if you have paid the insurance late only once, you can be charged up to 40 percent more for your premium when you renew. It is possible that you...]]></description><pubDate>May 27, 2010  4:18 AM</pubDate></item><item><title><![CDATA[How to Make Money off Balance Transfers]]></title><link>http://www.finweb.com/banking-credit/how-to-make-money-off-balance-transfers.html</link><description><![CDATA[ Credit card balance transfers are tools that many people choose to utilize at some point. While many people use transfers to eliminate interest charges, certain individuals use them as a way to make money. Here are the basics of how to make money off of credit card balance transfers. Locate a Credit Card The first step of this process is to find a credit card that has a zero percent introductory interest rate. Many times, credit card companies will offer these interest rates for a period of somewhere between 12 and 18 months. They offer this program in order...]]></description><pubDate>May 27, 2010  4:16 AM</pubDate></item><item><title><![CDATA[Balance Transfer? Negotiating Your Transfer Fee]]></title><link>http://www.finweb.com/banking-credit/balance-transfer-negotiating-your-transfer-fee.html</link><description><![CDATA[ A balance transfer allows you to move your balance from one credit card onto another. The main purpose of this is to reduce your interest rate. You may find a better rate on another credit card, and the reduction can even compensate for the downsides of transferring. One of the downsides is a potential drop in your credit score. This can be overcome within a few months of paying off the new card. The other downside is a transfer fee, which can be negotiated down in some cases.&amp;nbsp; Learn Transfer Fees up Front You should be aware that every...]]></description><pubDate>May 19, 2010  4:48 AM</pubDate></item><item><title><![CDATA[What's the Difference between a Charge Card and Credit Card?]]></title><link>http://www.finweb.com/banking-credit/whats-the-difference-between-a-charge-card-and-credit-card.html</link><description><![CDATA[ Many people believe that the charge card and the credit card are the same exact thing. While they are very similar, there are a few key differences between these 2 types of purchasing methods. Here are a few of the differences between a charge card and a credit card. Balances One of the biggest differences between a charge card in a credit card is in how you carry balances. With the charge card, any balances that you accumulate will have to be paid off by your next monthly statement. This gives you 30 days in order to utilize credit...]]></description><pubDate>May 15, 2010  4:08 AM</pubDate></item><item><title><![CDATA[Credit Default Rate: Why Your Credit Card Rate Just Went Up]]></title><link>http://www.finweb.com/banking-credit/credit-default-rate-why-your-credit-card-rate-just-went-up.html</link><description><![CDATA[ A high credit default rate can spell disaster for a credit card company. Credit card companies extend credit to consumers based on each individual&amp;rsquo;s risk of defaulting on his debts. Credit card companies cannot accurately predict, however, when a job loss, divorce or financial emergency will result in an individual's failing to pay his credit card bill. Fortunately, credit card companies can no longer raise your interest rate due to a high default rate from other customers.The CARD Act Regulates Interest Rate HikesPrior to February of 2010, credit card issuers reserved the right to increase account holders&amp;rsquo; interest rates...]]></description><pubDate>May 14, 2010  4:25 AM</pubDate></item><item><title><![CDATA[5 Questions to Ask when Doing a Balance Transfer]]></title><link>http://www.finweb.com/banking-credit/5-questions-to-ask-when-doing-a-balance-transfer.html</link><description><![CDATA[ If your credit card interest rate is more than you can handle, a balance transfer may be a good option to help you get your debt under control. Before you agree to transfer your existing balance to a new credit card, however, ask the right questions to prevent unpleasant surprises after the transaction. 1. How High Is the Interest Rate?You may have an offer to transfer your credit card balance to a low-interest credit card, but a low interest rate is often just a temporary offer to attract new customers. After a preset period, typically six months, your low...]]></description><pubDate>May 14, 2010  4:21 AM</pubDate></item><item><title><![CDATA[4 Best Hidden Credit Card Perks]]></title><link>http://www.finweb.com/banking-credit/4-best-hidden-credit-card-perks.html</link><description><![CDATA[ Credit card perks are one of the main reasons that most individuals make their large purchases with a credit card. While everyone knows about getting reward points, there are many hidden credit card perks that you might not even know you have. Here are some of the best hidden credit card perks that you might be eligible for. 1. Rental Car Collision Damage Waiver When you rent a car, the chances are good that the person at the rental counter is going to try to sell you insurance on the car. Many people spend the extra money to purchase...]]></description><pubDate>May 11, 2010  4:40 AM</pubDate></item><item><title><![CDATA[What Is a Credit Card Grace Period?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-credit-card-grace-period.html</link><description><![CDATA[ The credit card grace period is something to be aware of if you are one of the many consumers who holds multiple credit cards. Here are the basics of the credit card grace period. Credit Card Grace Period The credit card grace period is a certain number of days after your due date that the credit card company will accept payment without charging you any late fees or interest. For example, you might have 10 to 15 days after your due date to actually make your monthly payment without incurring any extra charges. Credit Card Policy If you have...]]></description><pubDate>May 11, 2010  4:38 AM</pubDate></item><item><title><![CDATA[What Is a Prepaid Credit Card?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-prepaid-credit-card.html</link><description><![CDATA[ The prepaid credit card is a tool that you can use wherever credit cards are accepted. With this type of credit card, you are actually going to have to send money to the credit card company before you can use it. The credit limit on the card is equal to only the amount of money that you have already prepaid. This means that you will not have a credit limit in excess of this amount. One of the major benefits of using a prepaid credit card is that it is safer than cash. If you use a prepaid credit...]]></description><pubDate>May 11, 2010  4:31 AM</pubDate></item><item><title><![CDATA[What Is a Charge Card?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-charge-card.html</link><description><![CDATA[ A charge card is a method that many individuals can use for payment instead of cash. Here are the basics of the charge card. Charge Card A charge card is much like a credit card in that you can use it in a number of different establishments. As long as a company takes credit cards, it will also be able to accept charge cards. You can purchase goods with a charge card up to your predetermined spending limit. With a charge card, you are required to pay off the entire balance of your card every single month. If you...]]></description><pubDate>May  8, 2010  4:06 AM</pubDate></item><item><title><![CDATA[Pros and Cons of a Store Credit Card]]></title><link>http://www.finweb.com/banking-credit/pros-and-cons-of-a-store-credit-card.html</link><description><![CDATA[ Utilizing a store card is something that many consumers choose to do. This type of credit card presents you with some advantages, but you will need to consider a few disadvantages as well. Here are some of the pros and cons of using a store credit card. Pros One of the biggest advantages of holding a store credit card is the discounts. Many retailers will provide discounts to store credit card holders on a regular basis. Many times, this is used as a technique to try to get you to sign up for the card in the first place....]]></description><pubDate>May  6, 2010  4:17 AM</pubDate></item><item><title><![CDATA[How to Make an Interest-Free Balance Transfer]]></title><link>http://www.finweb.com/banking-credit/how-to-make-an-interest-free-balance-transfer.html</link><description><![CDATA[ Utilizing an interest rate balance transfer can be a very wise financial decision when dealing with your credit card debt. Credit cards regularly offer interest-free promotions as a way to gain customers, and you can take advantage of them. Here are the basics of how to make an interest-free balance transfer successfully. Finding a Card You will first need to start out by locating a credit card for this process. You will not be able to sign up for just any credit card for this process to work. You need to locate a credit card that has a 0...]]></description><pubDate>May  5, 2010  4:08 AM</pubDate></item><item><title><![CDATA[How to Dispute a Credit Card Purchase]]></title><link>http://www.finweb.com/banking-credit/how-to-dispute-a-credit-card-purchase.html</link><description><![CDATA[ Dealing with a credit dispute is something that many people will have to do at some point. One of the great things about shopping with credit cards is that you have some level of protection when it comes to disputing charges. Here are the basics of how to dispute a credit card purchase effectively. Disputing a Charge Thanks to the Fair Credit Billing Act, consumers have a weapon when it comes to protecting themselves against faulty merchandise. The Fair Credit Billing Act is an amendment to the original Truth in Lending Act that was designed to protect consumers. If...]]></description><pubDate>May  4, 2010  4:35 AM</pubDate></item><item><title><![CDATA[4 Benefits of Having Multiple Credit Cards]]></title><link>http://www.finweb.com/banking-credit/4-benefits-of-having-multiple-credit-cards.html</link><description><![CDATA[ Many people choose to utilize multiple credit cards because of the many benefits that they provide. Although credit cards can get you in trouble, if you know how to handle them, they can be helpful as well. Here are a few of the benefits of having multiple credit cards. 1. Financial Safety One of the major benefits of using multiple credit cards is that you will be able to take advantage of financial safety. By making purchases with multiple credit cards, you will be able to add a layer of safety to each purchase. For example, if someone steals...]]></description><pubDate>April 30, 2010  4:54 AM</pubDate></item><item><title><![CDATA[5 Best Credit Card Rewards]]></title><link>http://www.finweb.com/banking-credit/5-best-credit-card-rewards.html</link><description><![CDATA[ Credit card rewards are one of the major benefits that you will receive from making purchases on a credit card. Although the high interest rates that come with credit cards are not in your best interest, the rewards can make up for them a little bit. Here are some of the best credit card rewards that are available in the market today. 1. Cash Back It's hard to beat someone handing you cold, hard cash. This is why getting a credit card that offers cash back is so favorable. Many different credit cards are now offering a percentage of...]]></description><pubDate>April 30, 2010  4:43 AM</pubDate></item><item><title><![CDATA[What Is a Credit Card Balance Transfer?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-credit-card-balance-transfer.html</link><description><![CDATA[ When dealing with a balance transfer, credit card companies will have their own procedures and rules that you will need to be aware of. Understanding what a credit card balance transfer is can be very beneficial to your financial situation. Here are the basics of a credit card balance transfer and how they work. Balance Transfer A balance transfer is a procedure that allows you to move a credit card balance from one card to another credit card. This can be done in a number of different ways. Many times, whenever you open a new credit card account, they...]]></description><pubDate>April 30, 2010  4:41 AM</pubDate></item><item><title><![CDATA[Credit Card Perks: 5 Top Out-of-the-Ordinary Perks]]></title><link>http://www.finweb.com/banking-credit/credit-card-perks-5-top-out-of-the-ordinary-perks.html</link><description><![CDATA[ Credit card perks are one of the most common reasons that consumers use credit cards on a regular basis. While we are all familiar with accumulating airline miles, there are some other perks out there that you may not know about. Here are some of the top out-of-the-ordinary credit card perks available. 1. Phone Discounts Some credit cards will provide you with a way to get a discount on phone services. Some credit card companies work closely with wireless providers in order to provide you with a rebate on your monthly phone bill. Nearly everyone has a cell phone...]]></description><pubDate>April 29, 2010  5:07 AM</pubDate></item><item><title><![CDATA[Bringing the Right Credit Card when You Travel]]></title><link>http://www.finweb.com/banking-credit/bringing-the-right-credit-card-when-you-travel.html</link><description><![CDATA[ When choosing a credit card, travel considerations should be something that you keep in mind. Whenever you are taking a trip you want to make sure that you bring the right credit card with you. Here are a few things to consider about which credit card to take when you go on a trip. International Fees If you are planning on going to another country, you will want to make sure that you compare them with your credit cards. Many credit cards charge a fee whenever you use it in an international market. This fee is typically above the...]]></description><pubDate>April 29, 2010  4:50 AM</pubDate></item><item><title><![CDATA[Pros and Cons of a Prepaid Credit Card]]></title><link>http://www.finweb.com/banking-credit/pros-and-cons-of-a-prepaid-credit-card.html</link><description><![CDATA[ Using a prepaid credit card can provide you with a number of benefits. However, there are a few drawbacks associated with this type of card as well. Here are some of the pros and cons of a prepaid credit card.&amp;nbsp; Pros Using a prepaid credit card will provide you with the ability to make purchases anywhere that credit cards are accepted. Sometimes, it is just not practical or possible to use only cash. For example, if you need to make a purchase online, you will most likely need to use a credit card. By utilizing a prepaid credit card,...]]></description><pubDate>April 29, 2010  4:47 AM</pubDate></item><item><title><![CDATA[Making the Most of 0% Balance Transfer Credit Cards]]></title><link>http://www.finweb.com/banking-credit/making-the-most-of-0-balance-transfer-credit-cards.html</link><description><![CDATA[ Many individuals choose to take advantage of 0 balance transfer offers with credit cards. Many times, credit cards will provide these offers as an incentive for people to move balances from other credit cards. Here are the basics of this type of offer and how you can make the most of it. Using 0% Balance Transfers&amp;nbsp; Typically, when an individual chooses to open a new credit card, they will be able to take advantage of an introductory offer. Many times, you can get a credit card that offers you 0 percent interest for a certain amount time. Most of...]]></description><pubDate>April 29, 2010  4:43 AM</pubDate></item><item><title><![CDATA[Credit Cards For People with Moderately Bad Credit?]]></title><link>http://www.finweb.com/banking-credit/credit-cards-for-people-with-moderately-bad-credit.html</link><description><![CDATA[ If you are looking for credit cards for people with bad credit, there are several options that you will want to consider. Just because you have moderately bad credit does not mean that you cannot get access to a credit card when you need one. Here are a few things to consider about credit cards for people with bad credit. Secured Credit Cards One of the best options that you have when you have bad credit is to go after a secured credit card. This is a credit card that is secured by some type of collateral that you...]]></description><pubDate>April 28, 2010  4:04 AM</pubDate></item><item><title><![CDATA[CARD Act: Credit Card Law Changes Rules for Industry]]></title><link>http://www.finweb.com/banking-credit/card-act-credit-card-law-changes-rules-for-industry.html</link><description><![CDATA[The CARD Act, a law regulating the credit card industry, went into effect in February 2010. This Credit Card Accountability, Responsibility and Disclosure Act has brought about big changes for American consumers and credit card providers, with the intent of eliminating unfair treatment and empowering people to take control of their finances. According to Kenneth J. Clayton, senior vice president at the American Bankers Association trade group, &amp;#8220;Many practices that frustrated customers have been eliminated, and credit card users will now benefit from greater control and clearer terms for their accounts.&quot; Significant restrictions of the CARD Act have to do...]]></description><pubDate>February 19, 2010 10:27 AM</pubDate></item><item><title><![CDATA[The Pros and Cons of Gas Credit Cards]]></title><link>http://www.finweb.com/banking-credit/the-pros-and-cons-of-gas-credit-cards.html</link><description><![CDATA[ Gas credit cards&amp;nbsp;are very common and offered by many different finance companies. They are often offered in conjunction with a particular brand of gas station. This type of program has several benefits and drawbacks associated with it. Here are the pros and cons of gas credit cards.&amp;nbsp; Pros Discounts- One of the biggest benefits that comes with using a gas credit card is the discount that comes with it. Many of these programs offer you a certain percentage off of your gas purchases. For example, you might get 5% cash back on all of your gas purchases at a...]]></description><pubDate>February 13, 2010  4:41 PM</pubDate></item><item><title><![CDATA[5 Reasons Creditors Raise Credit Card Interest Rates]]></title><link>http://www.finweb.com/banking-credit/5-reasons-creditors-raise-credit-card-interest-rates.html</link><description><![CDATA[ Credit card interest rates are typically variable, meaning a lender can change the rates during the life of the loan. When a rate changes, it is more likely to go up than down. There are several reasons, some personal and some market-based, that a credit card company may raise interest rates. #1 Missed Payments All credit cards require a monthly payment to cover interest charged in a given payment period. This payment is typically very low, only amounting to a fraction of the balance on the card. The payment is charged once a month. Borrowers have no choice but...]]></description><pubDate>January 28, 2010  4:26 PM</pubDate></item><item><title><![CDATA[Should The Government Guarantee Bad Credit Credit Cards?]]></title><link>http://www.finweb.com/banking-credit/should-the-government-guarantee-bad-credit-credit-cards.html</link><description><![CDATA[ The government should not provide guaranteed credit cards for bad credit by acting as a backer of a credit card for people with bad credit. The ability to obtain a credit card is a personal choice made by an applicant and is not a constitutional right. If the credit card holder is unable to pay their obligation, the government should not guarantee payment to the credit card company. Where to Receive a Bad Credit Card Individual applicants that are seeking credit cards with bad credit should attempt to apply with a company or credit card issuer that is in...]]></description><pubDate>December 29, 2009  3:37 PM</pubDate></item><item><title><![CDATA[Tips - Applying For Credit Cards Despite Bad Credit]]></title><link>http://www.finweb.com/banking-credit/tips---applying-for-credit-cards-despite-bad-credit.html</link><description><![CDATA[ Is it possible to apply and get a credit card with bad credit?&amp;nbsp;A person with bad credit cannot generally receive a credit card. This general rule means that for many applicants with bad credit, obtaining access to a credit card is limited. This does not mean that getting a credit card with bad credit is impossible or even out of the question. Here are some useful tips that may help you obtain a credit card with bad credit. Applying for a Credit Card It should be noted that a person with bad credit is free to apply for a...]]></description><pubDate>November 30, 2009  3:36 PM</pubDate></item><item><title><![CDATA[Step-By-Step: Filing A Business Credit Card Application]]></title><link>http://www.finweb.com/banking-credit/step-by-step-filing-a-business-credit-card-application.html</link><description><![CDATA[ A business credit card application is completed in the same manner that an application for personal use is completed.&amp;nbsp;The business credit card application is used to provide information to the credit card company to determine the amount of credit that will be extended and the number of cards that the company will need.&amp;nbsp;The chief difference between business credit card applications and personal ones is the fact that separate applications need to be completed for each employee that will use or have access to the account. Any business entity, such as a limited liability company, can apply for a business...]]></description><pubDate>November 19, 2009  3:42 PM</pubDate></item><item><title><![CDATA[What's The Average Credit Card Debt Per Person?]]></title><link>http://www.finweb.com/banking-credit/whats-the-average-credit-card-debt-per-person.html</link><description><![CDATA[ The average credit card debt per person has increased over the past decade. In 2009, the average debt hovered around $4,100 per person. The average income per person is just under $28,000, according to a US Census. In other words, the average person carries about 1.5% of his or her income in credit card debt each year. Average Debt It is important to remember that credit card debt is only one portion of the debt an average person has. Student loans, car loans and mortgage loans typically make up much more than a person's credit card debt does in...]]></description><pubDate>November  5, 2009  3:30 PM</pubDate></item><item><title><![CDATA[Do Non Profits Offer 0 Interest Credit Card Transfers?]]></title><link>http://www.finweb.com/banking-credit/do-non-profits-offer-0-interest-credit-card-transfers.html</link><description><![CDATA[ There is no such thing as a 0 interest credit card transfer offer from non profits.&amp;nbsp;Non profits are not in the business of providing credit card transfers. This is a process that is offered by banks and other financial institutions that are engaged in the business of offering credit cards to consumers....]]></description><pubDate>October 26, 2009  3:30 PM</pubDate></item><item><title><![CDATA[What Groups Conduct Reviews Of Secured Credit Cards?]]></title><link>http://www.finweb.com/banking-credit/what-groups-conduct-reviews-of-secured-credit-cards.html</link><description><![CDATA[ There are many types of groups that might conduct a secured credit card review. These groups take into account many things about the secured credit card issuers such as service, fees and support. They are also used to evaluate quality, service, ethics, etc. From consumer reviews to business reviews secured credit cards are not at a loss for good and bad alike. If you are shopping for a secured credit card it is recommended that you do research on different companies and what they can offer you. Who Does Reviews? Other credit card companies, consumers and private groups all...]]></description><pubDate>October 24, 2009  3:35 PM</pubDate></item><item><title><![CDATA[Secured Credit Card Processing From Exotic Locales?]]></title><link>http://www.finweb.com/banking-credit/secured-credit-card-processing-from-exotic-locales.html</link><description><![CDATA[ Can secure credit card processing take place from exotic locations?&amp;nbsp;Any credit card processing, whether secured or unsecured can take place from any location you can imagine.&amp;nbsp;Whether that location is exotic (depending on your definition of exotic) or inexpensive, secured credit card process is simply a service provided by a company to assist a credit card company in processing transactions. Locations for Secured Credit Card Processing Credit card companies tend to hire companies located in places that are affordable to the credit card company for the amount of transactions they have.&amp;nbsp;The higher the volume of transactions by the credit card...]]></description><pubDate>October 24, 2009  3:34 PM</pubDate></item><item><title><![CDATA[The Absolute Best Bad Score Credit Card]]></title><link>http://www.finweb.com/banking-credit/the-absolute-best-bad-score-credit-card.html</link><description><![CDATA[ The best bad credit card is the one that provides a good credit card rate to people with bad credit.&amp;nbsp;There are several companies that offer credit cards for bad credit.&amp;nbsp;Although there is no ranking service that is available to judge which companies are the &amp;ldquo;best,&amp;rdquo; a credit card consumer with bad credit can use their reason and estimation to determine which one is the best. Types of Bad Score Credit Cards There are websites that promote offers for individuals with bad credit. These sites list different cards that are designed specifically to meet the needs of an applicant with...]]></description><pubDate>October 24, 2009  3:33 PM</pubDate></item><item><title><![CDATA[Screwing Up A Bad Credit Card Application]]></title><link>http://www.finweb.com/banking-credit/screwing-up-a-bad-credit-card-application.html</link><description><![CDATA[ It does not seem possible to &amp;ldquo;screw up&amp;rdquo; a bad credit card application. Putting down information that is not correct or leaving information off of the application can screw up a bad credit application, but is unlikely that this would happen.&amp;nbsp;When a bad credit application is screwed up, it affects the credit history of the applicant, making it more difficult to borrow or apply for credit in the future. Filling Out a Credit Card Application Filling out a credit card application is a pretty straight-forward process. Most everyone at some point in their life has provided information on a...]]></description><pubDate>October 24, 2009  3:32 PM</pubDate></item><item><title><![CDATA[Directing Complaints To A Credit Card Service Company]]></title><link>http://www.finweb.com/banking-credit/directing-complaints-to-a-credit-card-service-company.html</link><description><![CDATA[ A credit card service company complaint can arise for many reasons.&amp;nbsp; Poor service, non-responsiveness to request or inquiries are a few of the reasons that a cardholder may want to complain to a credit card service company.&amp;nbsp; Customer Service Department When a complaint situation arises, a cardholder should ask to speak with the customer service department.&amp;nbsp;The customer service department is suppose to field calls from cardholders and attempt to resolve them to the best of their ability or properly direct them for resolution.&amp;nbsp;When speaking with a customer service representative, be pleasant and always ask for the person&amp;#8217;s name. Document...]]></description><pubDate>October 22, 2009  4:03 PM</pubDate></item><item><title><![CDATA[Free Credit Information Services You Can Use Today]]></title><link>http://www.finweb.com/banking-credit/free-credit-information-services-you-can-use-today.html</link><description><![CDATA[ Free credit information services that you can use can be available through credit counseling services.&amp;nbsp;The types of information on credit includes advice on managing credit, how to obtain credit counseling services or relief.&amp;nbsp;Finding free credit relief information can be done through an online search of available services. Free Credit Information Services Free credit information services have become more prevalent in the wake of the recent financial crisis.&amp;nbsp;The need to educate consumers on the responsible use of credit is at its greatest point.&amp;nbsp;Understanding how to properly apply for and use credit helps consumers stay out of debt and improve their...]]></description><pubDate>October 22, 2009  3:59 PM</pubDate></item><item><title><![CDATA[Alternative Means Of Securing Guaranteed Business Credit Cards]]></title><link>http://www.finweb.com/banking-credit/alternative-means-of-securing-guaranteed-business-credit-cards.html</link><description><![CDATA[ If you are looking for a guaranteed business credit card, there are a few different ways that you can go about this. Essentially, securing any credit card or loan means putting something of value up, often in the form of collateral, which can be given to the lender or card issuer in the event that you default on payments. Below are a few alternative ideas of how to secure a business credit card. Refinancing a Home Loan While it is common to use your own home as collateral to get secured loans or a credit card, you may have...]]></description><pubDate>October 22, 2009  3:59 PM</pubDate></item><item><title><![CDATA[Who Issues Business Credit Cards With No Personal Guarantee?]]></title><link>http://www.finweb.com/banking-credit/who-issues-business-credit-cards-with-no-personal-guarantee.html</link><description><![CDATA[ It is possible to obtain a business credit card with no personal guarantee. A personal guarantee from the business is simply the social security card of the owner. Providing a social security number ensures that the credit card company is protected in case the business goes under or if the payments aren&amp;rsquo;t made. Business Credit Card In order to obtain a business credit card with no guarantee you must be a business that is established. If your business has a good history, there is a chance that you will be able to get a credit card with no personal...]]></description><pubDate>October 22, 2009  3:58 PM</pubDate></item><item><title><![CDATA[New Small Businesses - Are Credit Cards Worth It?]]></title><link>http://www.finweb.com/banking-credit/new-small-businesses---are-credit-cards-worth-it.html</link><description><![CDATA[ A new small business credit card can provide you with a lot of perks. Although some find them to be more trouble than they are worth there are quite a few different reasons to consider one. There are other options available for you other than a small business credit card. It&amp;rsquo;s up to you to decide which option works best for you and your businesses needs. Below is a list of the pros and cons with business credit cards as well as other options that are available to you. Why Credit Cards? Credit card services for small business vary...]]></description><pubDate>October 22, 2009  3:57 PM</pubDate></item><item><title><![CDATA[Is A Business Credit Card With No Credit Possible?]]></title><link>http://www.finweb.com/banking-credit/is-a-business-credit-card-with-no-credit-possible.html</link><description><![CDATA[ Obtaining a business credit card with no credit is possible. It can be difficult to obtain a credit card if you have no credit. There are certain types of cards that are available just for people with no credit. If you do end up getting a regular credit card then you should be aware that you will not have the same benefits as someone with credit. Secured Credit Card A secured credit card is what is normally given to people that are just starting out and have very little or no credit to their name. A secured credit card...]]></description><pubDate>October 22, 2009  3:56 PM</pubDate></item><item><title><![CDATA[Make Yourself Look Good - Business Credit Card Online Applications]]></title><link>http://www.finweb.com/banking-credit/make-yourself-look-good---business-credit-card-online-applications.html</link><description><![CDATA[ When applying for a business credit card online application there are a few extra things that you can do to make sure that you look like an attractive candidate. Research It&amp;rsquo;s always a good idea to thoroughly research what kind of credit card is going to benefit your business the most. Look at their different rewards, APR as well as their fees. This is going to end up saving you a lot of headaches later if you do the research now. It is also a good idea to look through all of their requirements to see if you and...]]></description><pubDate>October 22, 2009  3:55 PM</pubDate></item><item><title><![CDATA[The 4 Sneakiest Fees From Business Credit Card Accounts]]></title><link>http://www.finweb.com/banking-credit/the-4-sneakiest-fees-from-business-credit-card-accounts.html</link><description><![CDATA[ A business credit card account can be a great asset for any business owner. It allows a business to make necessary purchases without affecting the overall cash flow. A business credit card account also allows a business to accept credit cards seamlessly. But a business account can have hidden credit card fees. Knowing what some of these fees are can help you plan for the necessary ones, and avoid unnecessary ones altogether. Transaction Fees On top of paying monthly fees for the business processing accounts, many processing companies also charge fees for credit card transactions as well. Most often...]]></description><pubDate>October 22, 2009  3:54 PM</pubDate></item><item><title><![CDATA[Small Business Credit Card Applications - Maximizing Your Credit Limits]]></title><link>http://www.finweb.com/banking-credit/small-business-credit-card-applications---maximizing-your-credit-limits.html</link><description><![CDATA[ A small business credit card application can be a headache to fill out. Once you know the right and wrong things to put on your application you will be able to get a better understanding on how to fill one out. Remember, organization is the most important part when filling out an application for a credit card for your small business. Below are some additional tips that will help you to get the maximum amount of limits for your credit card. Credit Score Your credit score will ultimately make the decision of what your credit card limit will be....]]></description><pubDate>October 22, 2009  3:53 PM</pubDate></item><item><title><![CDATA[What Small Businesses Don't Accept Credit Cards?]]></title><link>http://www.finweb.com/banking-credit/what-small-businesses-dont-accept-credit-cards.html</link><description><![CDATA[ Most small businesses accept credit cards. The money that credit card sales generate usually offsets the fees associated with processing the payment. Even though credit cards are commonplace and rapidly growing, there may be an occasion where you run across a business that does not accept credit card payments, here a few of the most common examples: Illegal and Black Market Vendors All credit card processing requires the merchant to sign a contract. Conducting illegal business automatically voids the contract and sets the merchant up for many additional problems. Most black market or companies involved in illegal activity want...]]></description><pubDate>October 22, 2009  3:52 PM</pubDate></item><item><title><![CDATA[Making Use Of Instant Business Credit Cards]]></title><link>http://www.finweb.com/banking-credit/making-use-of-instant-business-credit-cards.html</link><description><![CDATA[Having an instant business credit card is a great way to get your new business up and running quickly, tide you over during a slow month or provide you with the capital to grow your business. Depending on the exact nature of your business and your needs, there are many ways to put your instant business credit card to good use. Finding and applying for instant business credit cards is easy. Most banks and card issuers have easily accessible websites where you can input your information and receive instant feedback. However, when searching for the right card issuer company, make...]]></description><pubDate>October 22, 2009  3:51 PM</pubDate></item><item><title><![CDATA[When Should I Resort To Credit Card Consolidation?]]></title><link>http://www.finweb.com/banking-credit/when-should-i-resort-to-credit-card-consolidation.html</link><description><![CDATA[ Credit card consolidation is sometimes unavoidable. In order to get yourself back on track and out of debt, you will sometimes need to get all of your credit card debt managed into one easy to make payment. Credit card companies make their money off from charging high interest rates. With credit card consolidation, you can be sure that you are getting the best deal on interest rates to help you get out of debt faster. The Right Time Knowing when you need to consolidate credit cards is important. Credit card consolidation needs to take place when you have gone...]]></description><pubDate>October 22, 2009  3:51 PM</pubDate></item><item><title><![CDATA[Requirements for Corporate Business Credit Cards]]></title><link>http://www.finweb.com/banking-credit/requirements-for-corporate-business-credit-cards.html</link><description><![CDATA[Applying for a&amp;nbsp;corporate business credit card&amp;nbsp;can be stressful and time consuming. If you know what information to have available and what requirements you need to meet then it will make your experience a lot less difficult. To be sure that you are able to get your corporate business credit card here are some tips to help you.Shop AroundDifferent companies have different requirements. They also will have several different features, such as cash advance as well as different rates. It is best that you look at several different banks to ensure that you are getting the best one for both you...]]></description><pubDate>October 21, 2009  9:28 AM</pubDate></item><item><title><![CDATA[Should You Get A Credit Card With Bad Credit?]]></title><link>http://www.finweb.com/banking-credit/should-you-get-a-credit-card-with-bad-credit.html</link><description><![CDATA[A person with bad credit in need of a credit card should get a credit card. Credit cards are necessary for many transactions including restaurants, hotel accommodations, movie rentals and other types of daily activities. There are companies that provide assistance to individuals with bad credit in order for them to qualify for a card.Considerations for a Credit CardWhen considering a credit card for bad credit applicants thought should go into the amount of credit needed and the way in which it will be used. Most credit cards offered to individuals with bad credit are secured cards that require the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Banks That Issue Bad Credit Cards]]></title><link>http://www.finweb.com/banking-credit/banks-that-issue-bad-credit-cards.html</link><description><![CDATA[First Premier Bank and New Millennium Bank are 2 of the best known bank bad credit card issuers. These institutions specialize in providing secured credit cards to individuals with bad no or bad credit. The cards that they offer are secured with money that the applicant must deposit in a secured account. As the account establishes a satisfactory payment history, the amount deposited in the account is refunded to the applicant and they are eligible to have their credit balances increased.First Premier BankFirst Premier Bank is based in Sioux Falls, South Dakota and issues secured MasterCard and VISA credit cards...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[2 Companies That Advertise Credit Card Bad Credit OK]]></title><link>http://www.finweb.com/banking-credit/2-companies-that-advertise-credit-card-bad-credit-ok.html</link><description><![CDATA[Credit card bad credit ok advertisers can be found online in a variety of places and sites. 2 specific companies that advertise credit cards for bad credit individuals are First Premier and New Millennium bank. These banks provide secured credit cards with beginning credit limits of $250.Purpose of Companies Offering Bad Credit Credit CardsThese companies promise instant credit card approval to individuals who have less than perfect credit and provide a way for individuals with bad credit to receive credit. First Premier Bank is based in Sioux Falls, South Dakota and New Millennium Bank is located in New Brunswick, New...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Bank Accounting: Valuing Credit On The Balance Sheet]]></title><link>http://www.finweb.com/banking-credit/bank-accounting-valuing-credit-on-the-balance-sheet.html</link><description><![CDATA[A bank&amp;rsquo;s accounting credit on a balance sheet is done to analyze a business&amp;rsquo;s net worth and income or income potential. This type of analysis is useful in determining lending rates and loan terms and conditions.&amp;nbsp;The process for valuing credit on a balance sheet is a basic accounting function performed by all financial institutions, accounting firms and businesses.Valuing Credits on the Balance SheetValuing credit and debits helps a bank determine the value of the business, which is useful when a business seeks capital or is looking to be sold to a potential investor or buyer. This valuation includes taking a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[A List Of Top Secured Credit Card Issuers]]></title><link>http://www.finweb.com/banking-credit/a-list-of-top-secured-credit-card-issuers.html</link><description><![CDATA[Here is a secured credit card list of issuers that provide credit cards to individuals with bad or poor credit.&amp;nbsp;The list is a &amp;ldquo;top&amp;rdquo; list of providers in that they are the most prevalent names that are available when performing a keyword search of credit card issuers for secured debt.&amp;nbsp;A secured card is one where the issuer of the credit card requires that the cardholder make a deposit in the amount of the credit that they make available.The top secured credit card issuers (not listed in order): First Premier Bank Account Now Centennial Bank RushCard First Freedom First Millennium Bank...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[2 Easy Steps To Managing Secured Credit Card Accounts]]></title><link>http://www.finweb.com/banking-credit/2-easy-steps-to-managing-secured-credit-card-accounts.html</link><description><![CDATA[A secured credit card account may be required of an individual with bad credit.&amp;nbsp;A secured card is a card that requires the cardholder to place a deposit equal to the amount of credit that the card&amp;rsquo;s issuer requires.&amp;nbsp;The debt accrued on the card needs to be paid on a periodic, monthly basis in order to prevent default or late payment fees and penalties.&amp;nbsp;If an individual needs a credit card and only qualifies for a secured account, there are a few steps that can be taken to manage the account.Apply for a Low Limit CardOne way that a secured credit card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Is A Online Credit Account Shop Stop?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-online-credit-account-shop-stop.html</link><description><![CDATA[An online credit account is useful in many ways. It can allow you to apply for credit cards of all types,&amp;nbsp;and provides online banking accounts as well as the services needed for you to process incoming payments from a wide variety of sources.Many Types of Credit CardsIf you want to rebuild damaged credit, an online credit account may be a good way to get started. You can apply for many types of credit cards, including secured versions that are available to people with no credit or bad credit.Virtual BankingMany people use online bank accounts for bad credit. For a growing...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Tips To Apply For A Low Interest Credit Card]]></title><link>http://www.finweb.com/banking-credit/tips-to-apply-for-a-low-interest-credit-card.html</link><description><![CDATA[There are a few tips to keep in mind when you apply for low interest credit card. Understanding your credit, comparing offers and seeking the best benefits and features for your needs are a few requirements.Understanding CreditA person with a low FICO score will not typically qualify for a low interest credit card. They will have to use secured cards because they are viable options.&amp;nbsp;Be leery of bad credit, card offers online, because they do not exist.Low interest rate credit cards are reserved for excellent credit scores and established customers. In order to qualify for the card offers you must...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Services That Are NOT Credit Ratings Neutral]]></title><link>http://www.finweb.com/banking-credit/credit-services-that-are-not-credit-ratings-neutral.html</link><description><![CDATA[Not all credit services are created equal. There are services that can affect your credit score. If you are trying to improve your score, these services can actually hurt your standing. Here's what you should know.Debt ManagementWhile not being able to pay your bills on time will quickly trash your credit score, debt management can also negatively affect your credit score. Debt management services all work differently. Some of them work directly with your current creditors to freeze active accounts and lower interest, while others will purchase the debt and have you pay back the debt management service. The way...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Might Online Credit Card Merchant Services Evolve?]]></title><link>http://www.finweb.com/banking-credit/how-might-online-credit-card-merchant-services-evolve.html</link><description><![CDATA[Online credit card merchant services has already evolved and come a long way. Today an online retailer can take orders from their website without the need for merchant credit card machines. The consumer simply enters their payment information and the payments are taken in the virtual world, eliminating the need for costly equipment. So what can we expect for ecommerce merchant services in the future? Let's take a look at some of the advancements that are already popping up.Auction PaymentsOne of the easiest ecommerce businesses to start is an auction seller. Whether you have extra items around the house you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[When Should You Avoid A Consumer Credit Card?]]></title><link>http://www.finweb.com/banking-credit/when-should-you-avoid-a-consumer-credit-card.html</link><description><![CDATA[Don P.consumer credit card is an act of Parliament in the United Kingdom.&amp;nbsp; The Consumer Credit Act is an update of the Consumer Credit Act of 1974.&amp;nbsp; It provides protections for credit consumers and allows them to bring suit against both providers of goods and credit.&amp;nbsp; It also better defines the requirements that must be expressed in every loan agreement entered between a creditor and credit user.Factor that Contributed to the RecessionThere were many factors that led to the recession. These include the improper and irresponsible use of credit by consumers.&amp;nbsp; Banks and other lenders that engaged in excessive risk...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[When Should You Close a Credit Card Account?]]></title><link>http://www.finweb.com/banking-credit/when-should-you-close-a-credit-card-account.html</link><description><![CDATA[A credit card account should only be closed under certain conditions. You should never completely close out a particular line of credit, such as a Visa account, and consider the implications of closing out a card as it applies your credit or Paydex score. Additionally, older accounts may be worth paying a higher rate, because it adds more to your available credit rating. In short, don't cancel any credit cards until you have carefully reviewed your options.How Many Credit Cards?Never close out your only credit card account unless there is absolutely no other alternative. A better idea is to maintain...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Rules Regarding Credit Card Account Balance Overdraws]]></title><link>http://www.finweb.com/banking-credit/rules-regarding-credit-card-account-balance-overdraws.html</link><description><![CDATA[With a credit card account balance, overdrafts can happen if purchases overlap, or ATM usages and fees do not post immediately. For years, credit card issuers have used this as one method of increasing the money they were able to charge their customers, sometimes in legitimate ways, and other times quite unfairly. Several financial regulatory boards, including the Federal Reserve Board and the Federal Trade Commission, have set out a new set of rules, designed to protect customers from unfair credit card practices, including account balance overdraws.Overdraft DisclosureOverdraft disclosure on your credit card account outstanding balance means that your credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Most Important Thing to Remember - Credit Accounts]]></title><link>http://www.finweb.com/banking-credit/the-most-important-thing-to-remember-credit-accounts.html</link><description><![CDATA[If you plan to do any serious business online or off,&amp;nbsp;having a credit account service is one of the most important things you can do to increase your profit potential. Writing a check has become outdated, and even people without a credit card or bank account are wielding debit cards backed by the top providers, such as Visa and MasterCard. Without a merchant services account, your business is limited in how it can receive payments, and from whom it is able to receive them, but when you have one, the possibilities for success are multiplied.Merchant Credit Accounts Mean VersatilityFor your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Unsecured Debt/Credit Card Industry]]></title><link>http://www.finweb.com/banking-credit/credit-card-industry.html</link><description><![CDATA[The unsecured debt credit card industry provides credit cards to cardholders in the United States.&amp;nbsp; The industry is a vast network controlled primarily by VISA and MasterCard, as well as American Express and Discover Card.&amp;nbsp; The unsecured debt credit card industry accounts for more than $20 billion in consumer debt generated in the United States on an annual basis.Control of the Unsecured Debt/Credit Card IndustryAround the 1980 and beyond both VISA and MasterCard, along with the bank-controlled credit card issuers make up approximately 70 percent of the credit card market domestically and have control over the use and access to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Is A Partially Secured Credit Card?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-partially-secured-credit-card.html</link><description><![CDATA[A partially secured credit card is a credit card that uses a payment or deposit to secure the credit card, but allows for more than the payment or deposit to be used as a credit line. This is a step between a secured credit card and unsecured credit card, used for those who have established credit, but not enough credit to warrant the use of completely unsecured credit cards.Secured credit card offers are a wonderful way for young people to establish an initial credit history. They also work well for those who are trying to establish their good credit rating...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Alternative Means To A Secured Corporate Credit Card]]></title><link>http://www.finweb.com/banking-credit/alternative-means-to-a-secured-corporate-credit-card.html</link><description><![CDATA[A secured corporate credit card is used by a business to meet their needs for a credit card when they may not qualify for an unsecured credit card. A secured card is one that has an escrow account backing the amount of credit that the credit card issuer makes available for the business.&amp;nbsp; This amount is set by the credit card issuer and is based on the needs of the company and their credit risk score.Alternatives to Secured Corporate Credit CardsAlternatives to a secured corporate credit card may include a high interest rate unsecured credit card issued by a bank...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Why Credit/Debit Reversed In Banking Accounting?]]></title><link>http://www.finweb.com/banking-credit/debit-reversed-in-banking-accounting.html</link><description><![CDATA[A bank&amp;rsquo;s accounting credit debit seems reversed to most individuals and can be confusing. In an account for an asset held by a bank, a credit lowers the value of the asset and a debit increases the value. Why this occurs is more a question of how banks look at credits and debits. It is first important to understand that the words credit and debits really do not have any meaning as to increasing or decreasing value.&amp;nbsp;The meaning assigned to them is based on their purpose in the context of the user. For bank accounting, the context for a debit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Bad Credit Instant Approval Credit Cards? Really??]]></title><link>http://www.finweb.com/banking-credit/bad-credit-instant-approval-credit-cards-really.html</link><description><![CDATA[Is there such a thing as instant bad credit card approval? No. Offers made by companies that tout instant credit card approval for people with bad credit should be checked out carefully to determine the legitimacy of their offers. It may be possible to receive approval for a credit card for a person with bad credit but obtaining instant approval is not likely going to happen.Difficulty in Providing CreditBanks and other credit card issuers are making credit card terms more difficult in the wake of a near collapse of the banking and financial system in 2008. This historical context is...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Informative Are Credit Card Account Issuers?]]></title><link>http://www.finweb.com/banking-credit/how-informative-are-credit-card-account-issuers.html</link><description><![CDATA[Everyone has to be careful with their credit card account information, but what people do not always realize is that they have to be careful with credit card issuer as well, because they are not all straightforward in their processes. Some companies will add hidden fees, other have penalties you must avoid, and still others may try to lure you in with fake information that looks good until you read the fine print.Hidden FeesWatch your debit credit accounting carefully. Many companies will assess hidden fees for certain transactions, such as adding additional fees to the ones already charged by an...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[A List Of No Credit/Bad Credit Card Providers]]></title><link>http://www.finweb.com/banking-credit/bad-credit-card-providers.html</link><description><![CDATA[Below is a list of no credit/bad credit cards that claim to offer a credit card to individuals with no credit history or a bad credit rating. This list by no way is an endorsement of the legitimacy of these providers and whether or not they can actually deliver a credit card to an individual with bad credit. There is no information clearinghouse on no/bad credit card providers so the information regarding any of these companies should be verified with a local better business bureau or trade commission.List of No and Bad Credit Card Providers First Premier Bank Account Now...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Can My Credit Card Account Be Accessed?]]></title><link>http://www.finweb.com/banking-credit/how-can-my-credit-card-account-be-accessed.html</link><description><![CDATA[My credit card account didn't seem correct one month, and it led to an investigation of the different ways that a credit card can be used without permission from the card holder. The three most common methods someone could use to access another person's credit account are given below, along with a brief explanation of how they are used.Online AccessAs it turned out, my credit card account had been accessed by my wife, and she had simply forgotten to tell me. For online access, all anyone needs to know is your password and log in ID. If your web browser...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Are Online Credit Card Services Different From Traditional?]]></title><link>http://www.finweb.com/banking-credit/how-are-online-credit-card-services-different-from-traditional.html</link><description><![CDATA[If you have a business, you may need to explore online credit card services in order to accept credit card payments from your shoppers. Accepting credit cards will enable your customers to quickly purchase products and services without having to travel to the business location. Also, your business may be able to take advantage of the impulse-type of purchases that are made with credit card payment options.However, you should be aware that there are some significant differences in the way credit card payments online are processed, as opposed to regular credit card transactions where the customer presents the card to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Guaranteed Unsecured Credit Card Offers - False Advertising?]]></title><link>http://www.finweb.com/banking-credit/guaranteed-unsecured-credit-card-offers-false-advertising.html</link><description><![CDATA[A guaranteed unsecured credit card offer means you have been pre-approved for a card without having any collateral to post. While this is not technically false advertising, it is highly risky to accept this type of offer. These cards typically come with very high interest rates and prey on individuals with bad credit histories.Offers to AvoidAvoid credit card offers you receive by email or through online pop-up ads. These offers can be placed by hackers looking to gain access to your personal information. If you are not directly to a secured site, do not consider providing even your name. Hackers...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Business Model For No Interest Credit Cards]]></title><link>http://www.finweb.com/banking-credit/the-business-model-for-no-interest-credit-cards.html</link><description><![CDATA[The business model for no interest credit cards is based on the practices of the bank or credit card company issuing the card.&amp;nbsp; No interest credit cards offer a way for issuers to provide a special benefit to their top customers that qualify for these types of cards.&amp;nbsp; A person qualifying for a no interest or 0 percent interest credit card is able to make purchases on a retail base without regard to interest charges that add to the items overall cost.Who Qualifies?It should be noted that not every customer of a credit card issuer qualifies for a no interest...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Do Companies Offer 0 Percent Interest Credit Cards?]]></title><link>http://www.finweb.com/banking-credit/do-companies-offer-0-percent-interest-credit-cards.html</link><description><![CDATA[A 0 interest credit card is offered by a few banks and credit card issuers.&amp;nbsp; Usually an offer of a 0 percent card, whether through Discover Card, Capital One or Chase is an introductory rate that will adjust upward within a 6 to 12 month period.&amp;nbsp; The idea behind a 0 percent interest rate is to attract new cardholders with excellent or very good credit in order for them to transfer balances and begin using an issuer&amp;rsquo;s card.0 Percent Interest Credit CardsMany of these card offers for 0 percent interest come with additional perks or benefits designed to entice the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Should Your New Business Get A Credit Card?]]></title><link>http://www.finweb.com/banking-credit/should-your-new-business-get-a-credit-card.html</link><description><![CDATA[New businesses credit card offers typically fly through the door the second a business opens its doors. Many of these offers will promise 0% interest or low interest for a period of time. They claim automatic approval and many other benefits. Before accepting your business credit card with instant approval, consider when and how you will use the credit. Also consider the benefits of other types of financing than business credit cards, such as investor financing and loans.Advantages of Business Credit CardsMost businesses operate on a debt cycle. This means they go into debt for a period of time to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Interest Free Balance - The Grace Period]]></title><link>http://www.finweb.com/banking-credit/credit-card-interest-free-balance-the-grace-period.html</link><description><![CDATA[A credit card interest free balance transfer usually has a grace period of 6 to 12 months. During this grace period, a card holder has the ability to make new purchased at a 0 percent or low interest rate.&amp;nbsp;Balance transfers are typically assessed a fee of 2 to 3 percent, depending on the company.Interest RatesLower rates are an important marketing tool for credit card companies that are seeking to attract new customers.&amp;nbsp;The lower rates bring many new customers to card companies. Lower rates are part of transfer promotions or meant to attract new clientele and benefit both the consumer and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[New Businesses: Merchant Credit Card Processing Services Worth Exploring]]></title><link>http://www.finweb.com/banking-credit/new-businesses-merchant-credit-card-processing-services-worth-exploring.html</link><description><![CDATA[If you've just started a new business, or are planning to, then you may want to consider accepting credit card payments from customers; therefore, you will need to research different merchant credit card processing services to find a service that works best for you and your business. Therefore, this article will address some of the different types of services that are available and some of the benefits each.Traditional Merchant Account ServicesTraditionally, merchant account services have been provided by large brick-and-mortar banks. In order to apply for a merchant account with your bank, use you need to fill out an application...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What is the Criteria for Low Interest Credit Cards?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-criteria-for-low-interest-credit-cards.html</link><description><![CDATA[The criteria for a low interest credit card are set by a bank or lending institution issuing the card. The elements of the criterion for a low interest credit card, as you might suspect, includes credit rating, prior or ongoing relationship with the issuer and an existing credit card with the issuer.Credit RatingAn individual&amp;rsquo;s credit rating or FICO score is going to be an important factor in determining their qualification for a low interest credit card. There is probably not a person in the world that does not understand that the higher the credit score you have, the lower the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Best Use Of Instant Unsecured Credit Cards]]></title><link>http://www.finweb.com/banking-credit/the-best-use-of-instant-unsecured-credit-cards.html</link><description><![CDATA[If you are in a financial crisis pinching pennies, an instant unsecured credit card may be the answer to your problems. An instant decision unsecured loan will let you know immediately whether or not you are approved, and how much you are approved for. While you shouldn't put just any purchase on a credit card because of the interest and potential to sink your credit, there are a few reasons why you would you want to have an instant unsecured credit card at your disposal.Car RepairsIf you've only got one vehicle and you rely on it to get back and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Hard Is A Bad Credit Business Card?]]></title><link>http://www.finweb.com/banking-credit/how-hard-is-a-bad-credit-business-card.html</link><description><![CDATA[The answer to the question how hard is a bad credit business card or how hard is it to get a business credit card with bad credit is it is very difficult.&amp;nbsp; Banks and other issuers of credit cards are tightening their standards with regards to all types of debt, including credit cards and are risk adverse when it comes to borrowers with bad credit.&amp;nbsp; A business owner that is seeking to acquire a credit card for their business needs should look into alternatives such as secured credit and debit cards and low balance cards.Understanding the Impact of Credit ScoresA...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Consumer Credit Card Services - Designed To Suck You In?]]></title><link>http://www.finweb.com/banking-credit/consumer-credit-card-services-designed-to-suck-you-in.html</link><description><![CDATA[&amp;ldquo;Get what you want now and then take your time to pay&amp;rdquo;, is the message that consumer credit card services send to millions of Americans every day. However, &amp;ldquo;get what you want today and take years and years to pay&amp;rdquo; would probably be a more accurate description. Credit card companies use all sorts of tactics that are designed to draw you in and use their credit cards. While there are a few credit card banks that do offer a reasonably honest and straightforward service, there are still many credit card companies that simply make outlandish claims to get you to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Do Interest Free Credit Card Transfers Hide Loopholes?]]></title><link>http://www.finweb.com/banking-credit/do-interest-free-credit-card-transfers-hide-loopholes.html</link><description><![CDATA[There should not be a situation where an interest free credit card transfer of an existing credit card balance should have a hidden condition or loophole that affects the card holder.&amp;nbsp;This is because of changes made to the laws covering credit cards that require certain disclosures be made to card holders in order for them to properly judge and manage their credit. Any loopholes that are written in the contract must be explained to the card holder in order for them to make a better informed decision.What Is a Loophole?Loopholes are exceptions to stated rules, practices and procedures and provide...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[When A &quot;Fixed Low Interest Credit Card&quot; Is Bad]]></title><link>http://www.finweb.com/banking-credit/when-a-fixed-low-interest-credit-card-is-bad.html</link><description><![CDATA[A fixed low interest credit card can be beneficial for many users.&amp;nbsp; It charges a low rate of interest on purchases made by the card holder and helps in terms of the predictability of the charges.&amp;nbsp; There are not many downsides to having this type of credit card, although the question being asked is when is a fixed low interest credit card bad.If you searched this question online, you would be hard pressed to find an answer suggesting that having a fixed low interest rate credit card is bad.&amp;nbsp; To satisfy your inquiry however, let us look at what situations...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Most Obscene Credit Card Service Charges]]></title><link>http://www.finweb.com/banking-credit/the-most-obscene-credit-card-service-charges.html</link><description><![CDATA[If you have a credit card, there are times when your credit card company may charge a credit card service charge. There are times when some charges and fees are easy to understand and even reasonable. For example, almost all credit card companies will charge you a late penalty fee for late payments. While no one likes to pay late fees, we can all understand why the credit card company would expect a small the fee for paying our bill late. However, some credit card companies tend to charge fees that are simply exorbitant and ridiculous.Therefore, this article will address...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To: Getting Low Interest Business Credit Cards]]></title><link>http://www.finweb.com/banking-credit/how-to-getting-low-interest-business-credit-cards.html</link><description><![CDATA[Low interest business credit cards can be obtained by businesses that have excellent credit ratings and a good banking relationship with their bank. A business credit card is important because it allows the business to lower its interest costs and receive higher credit limits.Current Credit RatingIn order to receive a low interest business credit card, a business should look at its current credit history, as measured by its DUNS rating, and closely scrutinize their financial statements in order to determine the likelihood of approval.&amp;nbsp; The business should then consider the various low interest credit card offers that are available for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[If You're Late: 12 Month Interest Free Credit Cards]]></title><link>http://www.finweb.com/banking-credit/if-you-re-late-12-month-interest-free-credit-cards.html</link><description><![CDATA[12 months interest free credit card are ideal for credit card holders that are late making payments. They allow the card holder to avoid interest charges and penalties associated with late payments for up to 1 year. The cards provide a way for a late payer to lower costs and straighten out their financial situation well in advance of the time in which interest will be charged and penalties assessed. This may be an important advantage to the card holder.Regarding Late PaymentsA few words regarding late payments. A card holder with a history of late payments should consider whether having...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Validating Credit Cards for Merchant Account Services]]></title><link>http://www.finweb.com/banking-credit/validating-credit-cards-for-merchant-account-services.html</link><description><![CDATA[If your business uses credit card merchant account services to process credit card payments from your customers, you should be aware that there is always a certain amount of risk involved in accepting credit cards as a form of payment. While most credit card processing banks will quickly make funds available to you from the proceeds of a credit card transaction, those funds are always subject to a chargeback or being taken by processing bank directly out of your business checking account. Therefore, there are always certain things you should do in order to validate credit cards and minimize your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Merchant Services That Generate Revenue]]></title><link>http://www.finweb.com/banking-credit/credit-card-merchant-services-that-generate-revenue.html</link><description><![CDATA[As we move closer towards a cashless society, the ability to accept credit and debit cards as a form of payment is becoming essential. In order to accept credit cards from customers you will need to find a processing bank that provides credit card merchant services for your small business. A credit card merchant account will enable your business to accept credit cards and debit cards as a form of payment and will help bring in sales revenue because it gives your customers more payment options.How Merchant Accounts Generate RevenueToday, many Americans simply don't carry cash. More and more American...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Important Sections In A Low Interest Credit Card Applications]]></title><link>http://www.finweb.com/banking-credit/important-sections-in-a-low-interest-credit-card-applications.html</link><description><![CDATA[A low interest credit card application is no different than any other type of credit card application required to be completed for the issuance of a card. There is nothing particularly special or unique about a low interest credit card application.&amp;nbsp; The type of information requested in these cards provide the basis for the credit card issuers decision and helps them determine your interest rate and credit limit. All of this is based on the information you provide subject to verification.Online ApplicationsMost all credit card applications are completed online. This is advantageous to the credit card applicant and company because...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Help For Getting Low Interest Student Credit Cards?]]></title><link>http://www.finweb.com/banking-credit/help-for-getting-low-interest-student-credit-cards.html</link><description><![CDATA[Obtaining a low interest student credit card can be the perfect solution for meeting the student's incidental needs. However, with the passing of the Credit Card Accountability, Responsibility, and Disclosure, Act of 2009, also known as CARD, anyone under the age of 21 will need a cosigner in order to obtain a credit card.Options for StudentsIf you do not have a cosigner readily available, your best choice may be to open a checking account and obtain a debit card. Most banks will offer overdraft and lines of credit on your debit card, which give you the benefit of credit typically...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can Parents Issue A Zero Interest Credit Card?]]></title><link>http://www.finweb.com/banking-credit/can-parents-issue-a-zero-interest-credit-card.html</link><description><![CDATA[A child can use a zero interest credit card issued to a parent for their credit needs.&amp;nbsp;The card itself is based on the parent&amp;rsquo;s credit rating and their relationship with the issuer.&amp;nbsp;The card is issued by a credit card company. The company will add the child to a parent&amp;rsquo;s account and the responsibility for the debt lies with the parent.Talking with a Child about CreditParent&amp;rsquo;s considering giving a child access to a zero interest credit card should first establish that certain level of maturity is evident in their children. Then, the parent should discuss the importance of establishing good credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Most Widely Used Credit Card Payment Services]]></title><link>http://www.finweb.com/banking-credit/the-most-widely-used-credit-card-payment-services.html</link><description><![CDATA[Because of the cost of credit debt consolidation services, many people with good credit are looking for low interest loans to pay off their debts. Many banks welcome these types of loans the make money in two ways: the banks charge a fee for the loan and then make money from the monthly interest payments.How to Use a Bank for Debt ConsolidationIf you own a home with a substantial equity a second mortgage or home equity loan might be the best deal. Since this loan uses your home as collateral, the banks are more willing to lend. With this type...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Small Business Credit Card Services for Internet Startups]]></title><link>http://www.finweb.com/banking-credit/small-business-credit-card-services-for-internet-startups.html</link><description><![CDATA[When searching for companies that can help you accept credit card payments, you'll need to research many small business credit card services. There are companies and banks and companies that provide merchant accounts that enable your small business to accept credit card payments from your customers. Therefore, here's a list of services provided by these processing banks and companies.The Ability to Accept Credit CardsObviously, the primary service offered by these types of companies it is that service which enables you to accept credit cards as a form of payment. By accepting credit cards as a form of payment you give...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Recent Innovations in Online Credit Card Processing Services]]></title><link>http://www.finweb.com/banking-credit/recent-innovations-in-online-credit-card-processing-services.html</link><description><![CDATA[If you have an online business, you probably use one of the major online credit card processing services to accept credit card payments from your customers. Online credit card merchant accounts have definitely improved in recent years and the amount of credit card fraud has actually started to decline for the first time ever. However, when choosing an online merchant account, you should be aware of some recent innovations that have made online merchant accounts much more safe and secure. Therefore, here's a quick list of some of the innovations to online merchant accounts in recent years.Improved Risk and Fraud...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Banks Afraid Of Credit Card Debt Going Bad?]]></title><link>http://www.finweb.com/banking-credit/banks-afraid-of-credit-card-debt-going-bad.html</link><description><![CDATA[Banks and other credit card issuers are afraid to issue any bad debt credit card.&amp;nbsp; This apprehension is due in part to the massive amounts of bailout dollars that many of these institutions received to stay afloat in 2008 and 2009.&amp;nbsp; Many of the problems created to the financial and banking system by the banks were created by a lax approach to lending and loosening underwriting standards that did not properly assess and price risk.Concern for Credit Card DebtWith the large sub-prime or low rated loan debt that many banks carry on their financial statements, credit card debt going bad...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Cards for People with Very Bad Credit]]></title><link>http://www.finweb.com/banking-credit/credit-cards-for-people-with-very-bad-credit.html</link><description><![CDATA[Credit cards for those with very bad credit are hard to obtain. However, they are several types of credit cards that give borrowers a chance to rebuild their credit history and start anew.Credit Card OptionsIn order to rebuild your credit, you need to show you can use a credit card responsibly. The options include: Department store or gas credit cards: Credit cards that allow customers to get discounts and rewards on products sold and issued by the institution providing the card. Secured credit cards: These cards work like ordinary credit cards, except the credit limit is 50-100% of the deposit....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Ways To Mitigate Your Inheritance Money Tax Obligation]]></title><link>http://www.finweb.com/banking-credit/ways-to-mitigate-your-inheritance-money-tax-obligation.html</link><description><![CDATA[Any inheritance received in the United States is subject to an inheritance money tax or more simply stated an estate tax. The estate tax, which is as high as 55 percent, is charged on all proceeds received as an inheritance from a deceased person&amp;rsquo;s estate. The extent to which an estate is taxed is based on how the assets are distributed and to whom the proceeds are received.Creating Charitable TrustsWays to mitigate the effects of an estate tax include setting up the estate in certain trusts that provide a contribution to a charitable organization and allow for the distribution of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Right Kind Of Business Credit Card Offer]]></title><link>http://www.finweb.com/banking-credit/the-right-kind-of-business-credit-card-offer.html</link><description><![CDATA[The right kind of business credit card offer is one that meets the needs of the business.&amp;nbsp; Some of the best credit card offers give cash back rewards, bonus mileage and other rebates and incentives for the credit card user.&amp;nbsp;What may be appropriate for one business may not be suitable for another.&amp;nbsp;Determining the type of business credit card offers that is appropriate for the business, depends on the purpose for the credit card and how the business uses credit.The Use of Business CardsBusiness credit cards provide a way for a business to purchase supplies and incidental materials necessary for the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can You Get A Low Interest Credit Card Consolidation?]]></title><link>http://www.finweb.com/banking-credit/can-you-get-a-low-interest-credit-card-consolidation.html</link><description><![CDATA[If your credit card debt is skyrocketing out of control or you are only able to make minimum payments each month or have not been able to make any progress toward paying off the debt, you may want to consider low interest credit card consolidation. Even -- and perhaps especially -- people with poor credit can obtain lower interest rates that will allow more of your monthly payment to be applied toward paying off the balance of your debt and less thrown away on high interest rates. There are several different options available that can help.Fixed Rate Credit CardsMost likely,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Comparing Low Interest Credit Card Balance Transfer Offers]]></title><link>http://www.finweb.com/banking-credit/comparing-low-interest-credit-card-balance-transfer-offers.html</link><description><![CDATA[A low interest credit card balance transfer can help lower your monthly expenses.&amp;nbsp; Finding a card that provides you with the ability to accomplish this requires some work on your part as you sift through the various low and introductory offer rates that are out.Have Good Credit in Order to QualifyFirst, we work from the premise that you can qualify for a low interest credit card balance transfer offer.&amp;nbsp; Knowing your credit score and being current on your debts, including your credit card debt will help put you in a better position to qualify for the various offers out there...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Get Secured Credit Cards, no Downpayment]]></title><link>http://www.finweb.com/banking-credit/how-to-get-secured-credit-cards-no-downpayment.html</link><description><![CDATA[If you're looking for a secured credit card with no downpayment, chances are, you'll have to look a little harder to find one. Because the main point of a secured credit card is that it is funded by money you place in an account and the bank takes absolutely no risk, it is hard to get a secured credit card with no downpayment. However, for those who are willing to look a little harder, and pay a little more interest and fees, there are some credit card companies and banks that specialize in dealing with bad credit. These banks will...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Do Banks Address Accounts With Bad Credit?]]></title><link>http://www.finweb.com/banking-credit/how-do-banks-address-accounts-with-bad-credit.html</link><description><![CDATA[You will be able to open a standard checking or savings account with bad credit as long as you have the minimum cash required to maintain the account. This minimum varies from bank-to-bank, and typically must be maintained at all times to avoid a fee. However, if you are looking to open a credit-based account, your credit score will matter. Many banks offer credit cards and revolving accounts, but your ability to attain one of these accounts will be hindered by bad credit. In the least, it will be more expensive for you than an individual with good credit.Factors Affected...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Applying For Unsecured Credit Cards Instant Approval]]></title><link>http://www.finweb.com/banking-credit/applying-for-unsecured-credit-cards-instant-approval.html</link><description><![CDATA[Some banks and credit card issuers will offer unsecured credit cards with instant approval. Unsecured credit cards usually require a good credit score. Some banks such as First Premier Bank specialize in those with bad credit, allowing them to have an unsecured credit card to rebuild their credit with. Many banks offering the ability to apply for unsecured credit cards online will show an instant approval within 60 seconds or less after the application has been submitted. Some, such as Capital One, will even issue you a credit card number and provide you with your limit for use until the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Evaluate Secured Credit Card Offers]]></title><link>http://www.finweb.com/banking-credit/how-to-evaluate-secured-credit-card-offers.html</link><description><![CDATA[Secured credit card offers come in various shapes and sizes. Though they may be the best option for those who are either trying to establish or rebuild their credit records, it is important to recognize how banks offer secured credit cards so that people can get the best possible deal. There will be different requirements depending on what bank offers the secured credit card, and it is important to understand all terms and conditions before getting a card from anyone.Look closely at feesBefore you decide which credit card to choose, you should first take a close look at fees the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can A Secure Credit Card Payment Be Hacked?]]></title><link>http://www.finweb.com/banking-credit/can-a-secure-credit-card-payment-be-hacked.html</link><description><![CDATA[Many people wonder if a secure credit card payment can be hacked. While we'd like to think that our personal information is always safe, the answer is yes, they can. Most of the time, secure credit card payments are just that, and the information is safe. Sometimes though, hackers are able to access the information through a database hack, or intercepting the data as it makes its way across the Internet.Fortunately for consumers, there are a set of standards which most online retailers and large companies follow, known as PCI compliance. PCI, or Payment Card Industry, are standards used by...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Bank Debt Operations: Leveraging A Business Credit Card]]></title><link>http://www.finweb.com/banking-credit/bank-debt-operations-leveraging-a-business-credit-card.html</link><description><![CDATA[A bank business credit card can be used by a business to provide debt leverage.&amp;nbsp;Leverage allows the business to meet certain expenses, or &amp;ldquo;float&amp;rdquo; cash, in advance of a payment due.&amp;nbsp;Business credit cards make it possible for a business to relieve the burden on its cash flow and meet debt obligations, without having to deplete its current cash flow.Credit Card as a Form of Debt FinancingA credit card is a form of debt financing for a business that is similar to a loan.&amp;nbsp;A business credit card carries an interest rate and requires the cardholder to make periodic payments on an...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Are Secured Credit Card Bank Limits Determined?]]></title><link>http://www.finweb.com/banking-credit/how-are-secured-credit-card-bank-limits-determined.html</link><description><![CDATA[A bank credit card is secured by funds placed into a savings account with the issuing bank. Banks offer secured credit cards to those individuals who do not have good enough credit to receive more financing without placing some collateral. The collateral is used as assurance that you will not default on the credit card or miss multiple payments. Because you are considered a high risk borrower, offering this assurance can be the best way to keep interest rates low and guarantee approval on a card application.What are Credit Card Limits?Your credit card limit is the maximum amount of funds...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is Your Credit Card Service Fee Too High?]]></title><link>http://www.finweb.com/banking-credit/is-your-credit-card-service-fee-too-high.html</link><description><![CDATA[One of the hidden costs of accepting credit card payments in your business is the credit card service fee. Keep tabs on your service fee should be an active part of your credit debt management, and higher fees should not be accepted even when tempered by tempting credit card rewards.The best way to determine whether or not your service fees are too high is to comparison shop. Most credit card servicing companies have detailed information about their fees available for you to review online. If you feel your fees are too high, talk to your service provider and let them...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[No Fee Credit Card Processing: Understand the Fine Print]]></title><link>http://www.finweb.com/banking-credit/no-fee-credit-card-processing-understand-the-fine-print.html</link><description><![CDATA[No fee credit card processing may be available if you purchase the equipment from the credit card provider.&amp;nbsp; Other fees may apply, so always read the fine print.No Fees?Merchant account providers make their money by charging you fees to process credit cards.&amp;nbsp; Before signing an agreement with any credit car provider, read the fine print of your&amp;nbsp; service agreement to be certain if fees will apply, and how much they will be. Some providers will offer zero setup fees in order to gain your business.&amp;nbsp; Providers have termed zero set-up fees the &amp;ldquo;no fee credit card processing.&amp;rdquo; Be careful to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Reasons For Holding Higher Secured Bank Card Limits]]></title><link>http://www.finweb.com/banking-credit/reasons-for-holding-higher-secured-bank-card-limits.html</link><description><![CDATA[A secured bank card is something that is very common in today&amp;rsquo;s growing financial marketplace. A secured bank card is basically a way to use a credit card without racking up tons of credit card debt. This is always a good thing, as interest rates on credit card debt are through the roof right now. People are always trying to find ways out of credit card debt, but in truth there is only one sure fire way out: Do not get into credit card debt in the first place.Avoiding DebtWhile it can be unavoidable in some circumstances because of unexpected...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Understanding How Retail Credit Card Services Work]]></title><link>http://www.finweb.com/banking-credit/understanding-how-retail-credit-card-services-work.html</link><description><![CDATA[If you sell anything at all, whether it is a service or a product, you may need retail credit card services in order to be able to process payments from your customers, especially if you sell your product or service over the internet and need to authorize net credit card processing.The way retail credit card processing works is that the credit card processing company with whom you choose to do business verifies the availability of funds when your customer attempts to make a purchase on your website or through your retail store. Your service provider then completes the transaction by...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[A List of Useful Credit Card Services]]></title><link>http://www.finweb.com/banking-credit/a-list-of-useful-credit-card-services.html</link><description><![CDATA[When looking to obtain a new credit card, careful consideration should be made in analyzing all credit card services available to you. The card should have no hidden fees, a great interest rate, a credit card rewards program, global acceptance, and most importantly excellent service. You should be able to take advantage of all the benefits and services available. Some of these services are explained below:Free Emergency Card Replacement Service and Cash AdvanceYou are not liable for charges, if your card is lost or stolen. You will need to call the credit card service's toll free number at your earliest...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Transferring To A Low Interest Credit Card]]></title><link>http://www.finweb.com/banking-credit/transferring-to-a-low-interest-credit-card.html</link><description><![CDATA[Transferring to a low interest credit card can help save you money because the interest rates on transfers are typically low. Your credit card payments will be reduced and you can end up paying off your debt faster. If you are not careful, however, you may wind up losing money in the long run.Understanding Low Interest Credit CardsLow interest credit cards are issued by banking institutions. They have low introductory rates that typically range anywhere from 0% to .33%. Depending on the bank, the rates will remain in place anywhere from six to twelve months. After the introductory period ends,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Make A Credit Card Payment By Phone]]></title><link>http://www.finweb.com/banking-credit/how-to-make-a-credit-card-payment-by-phone.html</link><description><![CDATA[Making a credit card payment by phone is one of the easiest ways to stay on top of credit card payments and avoid late payment fees and charges.Making a PaymentUnlike in the past, most credit card companies offer several different ways for payments to be made other than mailing a payment through the postal system. Today, you can make payments over the phone, with your cell phone, using a 3G mobile device and even through automatic payments set up on your bank account.If you decide that you want to make a payment over the phone, have your credit card account...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Ways Business Credit Card Services Can Help You]]></title><link>http://www.finweb.com/banking-credit/5-ways-business-credit-card-services-can-help-you.html</link><description><![CDATA[There are several advantages to obtaining business credit card services that can benefit your business. Credit card services are a great way to help you develop and grow your business, giving you the flexibility, control, and financial management capability you need to manage your cash flow, attract customers, and grow your business1- Credit Card Payment ProcessingMany people shop online using credit cards to protect against fraud or identity theft. When you are unable to accept credit card payments, your business loses customers. One of the biggest advantages to having merchant services, is that your service provider will process your credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[College Credit Card Debt Statistics: What's The Norm?]]></title><link>http://www.finweb.com/banking-credit/college-credit-card-debt-statistics-what-s-the-norm.html</link><description><![CDATA[The Student Monitor annual financial services study published list of College Credit Card Debt Statistics show that 41 percent of all college students have at least one credit card; and that the average mean balance of college students&amp;rsquo; credit card debt was $1645 at the end of 2008. Furthermore, the published study shows that nearly 1/4 of all college students that have a credit card have a balance of between $3000 and $7000. This amount has nearly quadrupled in the last 10 years.Why Do College Students Owe So Much?More and more credit card companies are making credit cards easily available...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Legally Evade Credit Card Collection Agencies]]></title><link>http://www.finweb.com/banking-credit/how-to-legally-evade-credit-card-collection-agencies.html</link><description><![CDATA[Credit card collection agencies are hired by your credit card company to attempt to collect on your unpaid debt. The agencies are hired because credit card companies themselves do not have sufficient resources to dedicate to recovering all of these debts. The agencies receive a commission if the debt is collected, which means they have a large incentive to collect from you. Many of these agencies do not have the legal right to seek you out, which means you can legally avoid them.Credit Card Collection LawsThe first thing you should consider when you want to avoid collection agencies is whether...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Get a Credit Card with No History]]></title><link>http://www.finweb.com/banking-credit/how-to-get-a-credit-card-with-no-history.html</link><description><![CDATA[It looks like the classic &amp;ldquo;Catch-22:&amp;rdquo; You can&amp;rsquo;t get a credit card with no credit history, but you can&amp;rsquo;t get the credit history you need, without some kind of credit. There are several options open to consumers that want the benefits of a credit card, but have yet to establish any kind of track record of borrowing. Credit cards can be beneficial because they are convenient and flexible.No History Credit CardsAll borrowing is reported to the three main credit reporting bureaus, Experian, Equifax and TransUnion. These three companies maintain a record of loans, credit cards and overdraft accounts. Most importantly,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Search For Credit Cards Properly]]></title><link>http://www.finweb.com/banking-credit/how-to-search-for-credit-cards-properly.html</link><description><![CDATA[To search credit cards for the best rates and programs, you need to both know yourself and know how credit cards work.&amp;nbsp; The right credit card for you is not the right credit card for your friends or neighbors, so it is important to search credit cards that meet your needs the best.Look to Consumer Advocates Looking to banks or credit card companies for advice on how to find the right credit card is a little like a chicken asking a fox to help it with a security fence around the hen house. You&amp;rsquo;ll likely get advice that benefits the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Are There Legitimate Credit Card Business Opportunities?]]></title><link>http://www.finweb.com/banking-credit/are-there-legitimate-credit-card-business-opportunities.html</link><description><![CDATA[There are a number of companies out there claiming to offer legitimate credit card business opportunities for entrepreneurs. The credit card industry is a multi-billion dollar industry that provides credit for many different consumers.Credit Card Business Pyramid SchemesA pyramid scheme is a type of business structure where the person at the top recruits a given number of salespeople. Those salespeople then go and recruit other salespeople, and they get paid a commission for recruiting them. The chain goes on and on, and, when drawn on a piece of paper, it resembles a pyramid. Typically, the salesperson has to pay a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Catching Credit Card Secret Fees And Hidden Costs]]></title><link>http://www.finweb.com/banking-credit/catching-credit-card-secret-fees-and-hidden-costs.html</link><description><![CDATA[In order to catch credit card secret fees and hidden costs, you need to understand how credit card companies make money and what they do in order to clear profit.Many of the policies credit card companies implement are designed simply to increase their profits and are a distinct detriment to the consumers that are their customers.Credit Card Companies Penalize Smart ConsumersIf you are one of the consumers who use credit cards for convenience and pay the balance off in full each month, you might think you are a favorite customer for the credit card company.Nothing is further from the truth....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Bad Credit History - Unconventional Sources For Loans]]></title><link>http://www.finweb.com/banking-credit/bad-credit-history-unconventional-sources-for-loans.html</link><description><![CDATA[Getting loans with bad credit history is a challenge. Depending on the economic environment you will likely face higher interest rates and more restrictive loan terms. But unconventional personal and mortgage loans are out there, and some can even help you improve your credit history.What Your Credit History MeansThe three main credit reporting bureaus - Esperian, Equifax and TransUnion - warehouse information on all borrowing you do reported to them by your creditors. Negative actions such as late payments stay on your credit report for seven years, a bankruptcy for 10 years. That credit history helps yield your credit score,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Payment Machine Options Your Business Needs]]></title><link>http://www.finweb.com/banking-credit/credit-card-payment-machine-options-your-business-needs.html</link><description><![CDATA[When it comes to credit card payment machine options, there are several choices for the business merchant. Among those choices, credit card payment processors offer traditional card terminals that are connected to a telephone line, internet processing software and wireless and mobile credit card payment systems. Currently there are numerous technologies for credit card processing that help merchants and business providers complete credit card transactions for customer purchases. These include traditional terminals connected to a telephone line, internet processing software and wireless device technologies.Credit Card ProcessingFor almost any business that involves the sale and purchase of services and products, expanding...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Are Credit Cards Affected By Bad History?]]></title><link>http://www.finweb.com/banking-credit/how-are-credit-cards-affected-by-bad-history.html</link><description><![CDATA[Bad history with credit cards can cost you in the short term with fees and in the long term with higher interest rates.Higher RatesYour credit history is warehoused by the three main credit reporting bureaus and is a part of the calculation of your credit score. A low credit score, 620 or below, classifies you as a subprime borrower.In the competitive credit card market there are even bad history credit cards available. But there is a cost. Those with excellent credit scores get the lowest rates the lender can offer. The lower your score the higher a rate you&amp;rsquo;ll get...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Get A Business Credit Card Online]]></title><link>http://www.finweb.com/banking-credit/how-to-get-a-business-credit-card-online.html</link><description><![CDATA[The internet has made it surprisingly easy to apply for business loans and business credit cards online. Not only are you able to complete the process in the comfort of your own home, you can usually expect an instant response to your application. It is important for a business to have a line of credit available at all times for emergencies and the best tool to leverage is the business credit card. When you apply for a business credit card online, you should keep the following aspects in mind:Check your Credit HistoryBefore you go online and start filling out an...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Getting Credit Cards - What Is A Bad Rating?]]></title><link>http://www.finweb.com/banking-credit/getting-credit-cards-what-is-a-bad-rating.html</link><description><![CDATA[Your bad credit rating may affect your ability to obtain a credit card at a good interest rate, and it may prevent you from getting a card at all. The bank or credit card company will look at a limited profile of your financial health to determine your limits and&amp;nbsp;interest rate. The factors they will likely use are: Credit score: You should have a score of 700 or higher to get the best rates. 650 is an&amp;nbsp;acceptable score, but lower scores will have difficulty opening a card. How much credit you have: You should have other credit lines or credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Are the Lowest Credit Card Processing Fees?]]></title><link>http://www.finweb.com/banking-credit/what-are-the-lowest-credit-card-processing-fees.html</link><description><![CDATA[The lowest credit card processing fees are in the 1.5 to 1.6 percent range, and the most expensive credit card processing fees go as high as about 10 percent. Of course, getting the lowest processing fee rate available should be a priority for every business that accepts credit cards. However, there are many variables and factors that dictate the credit card processing fees (or discount rates, as they are often called) that will be available to you and your business.What Are Discount Rates?Credit card discount rates are the fees, as a percentage of the sale, collected by banks that process...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Getting Started: Credit Card Processing For Small Businesses]]></title><link>http://www.finweb.com/banking-credit/getting-started-credit-card-processing-for-small-businesses.html</link><description><![CDATA[Credit card processing for small businesses can be expensive and difficult if you are not utilizing the right providers. Few small business owners truly understand the vast credit card network, leaving them vulnerable to large mark-ups by both banks and processing agencies. If you are being assessed even one percent more than you need to, the results can be in the thousands of dollars each month for small businesses. Understanding some basics will help you negotiate for the best fees.The Credit Card NetworkThe primary players in the credit card network are: the credit card issuer (Visa, MasterCard, etc.), the purchaser's...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Cards for People with Bad Credit History]]></title><link>http://www.finweb.com/banking-credit/credit-cards-for-people-with-bad-credit-history.html</link><description><![CDATA[If you have bad credit, you may feel like you have no options at all and that you can not get approved for any credit card. Even people whose credit needs serious improvement can get a credit card, however. The easiest and most reliable thing to do is to apply for a secured credit card. If you just need a credit card and you are not concerned with rebuilding your credit history, you can also get a prepaid credit card as another alternative. If you are insistent upon getting approved for a regular unsecured credit card despite your bad credit,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Behind the 'Interest Free Credit Cards' Advertisements]]></title><link>http://www.finweb.com/banking-credit/behind-the-interest-free-credit-cards-advertisements.html</link><description><![CDATA[Interest free credit card offers come frequently through the mail if you have established credit. A number of these companies take your name off listings of other credit card offers and retail mailing lists because the new credit card company then knows you use credit for your purchases. It may be enticing to accept an offer for an interest free credit card; basically, you are being offered free money, take your time to evaluate the offer and read the fine print.Beware of Identity TheftThe first thing you need to look out for with these offers is identity theft. When you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Cards for People With No Credit History]]></title><link>http://www.finweb.com/banking-credit/credit-cards-for-people-with-no-credit-history.html</link><description><![CDATA[If you do not have any credit or if you have a credit history which is relatively new, it is highly likely you will be denied credit on most credit card applications. The key is to apply for specific credit cards which are designed for people with no credit history. The interest rates may be higher and you may have to meet additional requirements to qualify, bit it can be worth it to build up your credit history. If you find you are getting denied for regular unsecured credit cards, you still have options. You can apply for a secured...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Business Travel Credit Card Rewards To Look Into]]></title><link>http://www.finweb.com/banking-credit/business-travel-credit-rewards-to-look-into.html</link><description><![CDATA[Business credit cards have a wide variety of reward options; perhaps one of the most useful rewards is the business travel credit card reward program. Airlines have had their frequent flyer programs in place for a while, and an increasing number of airlines now offer co branded frequent flyer credit cards as an additional means to earn miles with particular airlines or programs. In order to help you decide the best business travel credit card for you, there are several factors that you should be aware of before you make a decision: Earning MilesIt is important to choose a card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Does Non-Profit Mean In Credit Consolidations?]]></title><link>http://www.finweb.com/banking-credit/what-does-non-profit-mean-in-credit-consolidations.html</link><description><![CDATA[Non-profit credit consolidation services assist you with credit repair without taking a high commission or interest from you. There are many credit counseling options on the market, and going with a non profit company can provide you more comfort as you know they are ultimately there to assist you rather than profit from your vulnerable situation.Non-Profit LendersNon-profit lenders will assist you in obtaining loans, often to pay off debt, at interest rates typically consistent with inflation. Do not expect 0% interest. Remember: these services cannot lose money due to inflation and still stay in business. They also must pay for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Credit Card Processing Fees To Look Out For]]></title><link>http://www.finweb.com/banking-credit/5-credit-card-processing-fees-to-look-out-for.html</link><description><![CDATA[Any business has many fees, credit card processing fees are some of the fastest growing fees and really add up, if you are not careful. Here are just a few fees to look out for:Leasing FeesMany credit card processing companies offer credit processing equipment leases, however, the leases can be expensive. A standard machine typically sells for $300.00 or so. A lease, however, can end up costing $1000.00, or more. Terminals can be purchased inexpensively at auctions. Seek out refurbished units because they can provide significant savings.Discount RateThe discount rate is the amount of money the credit card processor will...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Changing World Of Merchant Bank Card Services]]></title><link>http://www.finweb.com/banking-credit/the-changing-world-of-merchant-bank-card-services.html</link><description><![CDATA[Merchant bank card services have evolved to include debit cards, gift and customer appreciation cards, stored value and other innovations designed to entice more customers and reward their loyalty and support. Merchant banks provide solutions for businesses to design or create card programs that help them reach a broader range of customers and increase sales.Merchant Bank RoleTraditionally, a merchant bank provides payment and transaction processing services. This allows businesses to accept different forms of payment such as cash, checks, and credit and debit cards. The merchant bank works exclusively with businesses and does not provide the type of services found...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is A Business Gas Credit Card A Money Saver?]]></title><link>http://www.finweb.com/banking-credit/is-a-business-gas-credit-card-a-money-saver.html</link><description><![CDATA[Business gas credit cards typically offer rebates for all gas purchases. The rebates vary by card, but most are in the 3-5% range. The offer is not just for gasoline purchased, but you will also get the rebate on coffee, snacks, sodas and other items you purchase in their convenience shop. This may sound like a great deal, but you should know what you are getting into first, here are a few important tips to keep in mind:Introductory RatesMost credit card offers will offer rebates for a short period of time. For example, a card may offer 7% cash back...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Should You Get a Free Business Credit Card?]]></title><link>http://www.finweb.com/banking-credit/should-you-get-a-bree-business-credit-card.html</link><description><![CDATA[Predatory lenders use incentives like free business credit cards to lure new business owners into a cycle of debt. As soon as you register your new business name and open accounts, lenders will find you. New businesses need capital, and these offers are tempting. Think carefully before activating a card, though, because there are many signs pointing to hazards.Credit Cards Are Never FreeYou learned this lesson when you opened your first personal credit card, and the same thing applied with business credit cards. You are charged interest&amp;nbsp;every time you use your&amp;nbsp;card.&amp;nbsp;When offers come from companies you do not have a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Online Credit Card Payment Services Through Mobile Phones]]></title><link>http://www.finweb.com/banking-credit/online-credit-card-payment-services-through-mobile-phones.html</link><description><![CDATA[If you happen to own an iphone or other compatible Internet ready smartphones, chances are that you can have the power of online credit card payment services through your mobile phone. This option is especially useful if you travel often and need to sell products at tradeshows, conferences and exhibitions. You can follow a few simple steps to enable this processing technology on your mobile phone:Ensure That Your Phone is Compatible Not all mobile phones are capable of processing online credit card payments. There are many applications available for the Apple iphone and the ipod Touch that can allow these...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Questions To Ask A Credit Card Service Provider]]></title><link>http://www.finweb.com/banking-credit/questions-to-ask-a-credit-card-service-provider.html</link><description><![CDATA[When you are out there looking for the right credit card service provider, it is always a good idea to research the offerings available to you. There are a few things that you must clarify before you apply for a credit card to prevent any unpleasant surprises at a later stage. What is the Cost of the Credit Card?There are a number of cards out there that will seem like the best option for you, but the question of foremost importance is how much the credit card will cost you every year. While there are a number of credit cards...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Useful Credit Card Business Rewards]]></title><link>http://www.finweb.com/banking-credit/useful-credit-card-business-rewards.html</link><description><![CDATA[Given that credit cards are now one of the most popular modes of payments, business reward credit cards offer an exciting opportunity for business owners and employees. No matter what the size your business is, a business credit card gives you the opportunity to earn great rewards for yourself, your business and your employees while giving you flexibility to manage your company&amp;rsquo;s credit card expenses. Charging expenses to a business credit offering credit cards reward programs can make you eligible for various rewards such as cash back, no annual fee, free expense reporting, airline miles, higher credit limits, low introductory...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Conduct A Business Credit Card Comparison]]></title><link>http://www.finweb.com/banking-credit/how-to-conduct-a-business-credit-card-comparison.html</link><description><![CDATA[Given the number of credit card choices available to business owners, it is imperative that you conduct a detailed business credit card comparison before you commit to a particular card. A business credit card can help small business operators to manage their cash flow and business expenses in a better way. However, choosing the incorrect card could lead to more headaches and result in expensive mistakes. There are many factors that you need to take into consideration before deciding which credit card is best for you and your business. Here are a few simple steps to help compare various cards...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[New Credit Card Processing Services To Look At]]></title><link>http://www.finweb.com/banking-credit/new-credit-card-processing-services-to-look-at.html</link><description><![CDATA[If you're a new small-business owner, you will probably be searching for credit card processing services to help you accept credit card payments from your customers. There are many options available, and depending on the type of business you're involved in, you will have many choices. Therefore, here is a list of some credit card processing services that you should consider.Standard Merchant AccountsMany large banks offer merchant accounts that enable you to accept credit cards from your customers. Most of these types of credit merchant accounts allow you to use a standard credit card machine to swipe the card of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Get Security Through a Credit Card Payment Gateway]]></title><link>http://www.finweb.com/banking-credit/get-security-through-a-credit-card-payment-gateway.html</link><description><![CDATA[For internet merchants a credit card payment gateway is almost a basic requirement for business. Payment gateways provide safe secure credit card processing for many small business owners and web entrepreneurs. Using a credit card payment gateway is a way for new ecommerce business to immediately begin to accept credit card transactions. By using a gateway service, merchants are able to add an additional level of security and service to credit card transactions.Benefits of Using a Payment GatewayA credit card payment gateway is an important business tool for businesses providing sales and services through ecommerce transactions. The payment gateway is...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Are There No Annual Fee Bad Credit Credit Cards?]]></title><link>http://www.finweb.com/banking-credit/are-there-no-annual-fee-bad-credit-credit-cards.html</link><description><![CDATA[Credit cards for bad credit with no annual fee are not available. The annual fee serves to secure the credit card, and people are given the credit card to use because they are paying for the ability to use it. Securing the credit card is the method the banks use to test the waters with people who either have no credit, or bad credit.Most of the time, credit cards with no annual fee require a good credit score because they are not secured. Unsecured credit cards carry more risk for the lenders and naturally require a good credit score. For...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What You Need for Manual Credit Card Processing]]></title><link>http://www.finweb.com/banking-credit/what-you-need-for-manual-credit-card-processing.html</link><description><![CDATA[Manual credit card processing is the means by which the merchant will process all payments.How It WorksYou can manually process any online, by phone, or mail orders you receive if you have a merchant account and a credit card processing terminal or a web browser.When a customer places an order, you will receive an email notification that the order has been made. Your shopping cart will automatically collect this data and your customer&amp;rsquo;s credit card information will be safely stored on a hosting server that you can retrieve by logging into your account. You will then take the information and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Death and Credit Card Debt: What Happens Now?]]></title><link>http://www.finweb.com/banking-credit/death-and-credit-card-debt-what-happens-now.html</link><description><![CDATA[After the death of someone who leaves credit card debt behind, generally, the estate in charge of the assets is responsible for the debt. Credit card companies may or may not be repaid, depending upon the deceased's assets and other debts. If you are a joint holder of the credit card account, however, you remain responsible for the debt.Debt and ProbateWhen an estate goes into probate, the executor determines which bills are to be paid with which assets. After this, the remaining assets are distributed to family members or others according to the will or laws of inheritance.Sometimes Credit Card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[International Credit Card Processing: Laws You Need to Know]]></title><link>http://www.finweb.com/banking-credit/international-credit-card-processing-laws-you-need-to-know.html</link><description><![CDATA[Web sites like eBay make international credit card processing an easy process, but you should know the laws behind purchasing across national borders.&amp;nbsp; This article will give an overview of international credit card processing.Privacy LawsCountries like Japan, The European Union and the United States, have laws against the misuse of personal information. These laws are intended to keep the sellers from distributing or using any personal information gained during a transaction.&amp;nbsp; Each country will have its own set of rules, so it is important to read over regulations for the country you&amp;rsquo;ll be doing transactions in.&amp;nbsp; Copies of these law...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Accept Credit Card Payments For Your Business]]></title><link>http://www.finweb.com/banking-credit/how-to-accept-credit-card-payments-for-your-business.html</link><description><![CDATA[If you are looking to expand your business, you may be looking to learn how to accept credit card payments. Accepting credit card payments for your business can increase sales by multifold in a few simple steps.Things Needed to Apply for Credit Card ProcessingIn order to initiate the process you should have your basic personal and business information handy. This includes: Your personal particulars such as SSN, bank statements, statements of financial standing etc. Your Employer Identification Number (EIN) &amp;amp; recent tax filings A short write-up on your businessStep 1 &amp;ndash; Shop for a Merchant AccountObtaining a merchant account is...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Financial Security - Entering Your Bank Card PIN Online]]></title><link>http://www.finweb.com/banking-credit/financial-security-entering-your-bank-card-pin-online.html</link><description><![CDATA[Predators are constantly on the prowl to gain the personal financial information of others. With this in mind, it is imperative for individuals to exercise security bank card protocol when using the Internet. Entering a bank card PIN online is an action that should not have to be taken during the course of normal online transactions. When it is requested to complete an online transaction, red flags should go up.When Using a PIN Is OKTo ensure security, bank card users should keep in mind the types of transactions that do call for the use of a PIN. In the online...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Tips To Avoid A Credit Card Payment Increase]]></title><link>http://www.finweb.com/banking-credit/5-tips-to-avoid-a-credit-card-payment-increase.html</link><description><![CDATA[Credit card payment increases can be a nightmare to most people. Most of us have a hard enough time with the debt we already hold, and having a payment increase will just make life harder. Here are a few tips you can incorporate to help ensure your card payments won&amp;rsquo;t increase.Pay on Time. In fact, make your payment a few days before it&amp;rsquo;s due. Cutting the line closely when it comes to credit card payments is not a wise idea. A payment that posts just a few hours late can cause your interest rates to increase. These increases are generally...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Qualities That Every Credit Card Processing Company Should Have]]></title><link>http://www.finweb.com/banking-credit/qualities-that-every-credit-card-processing-company-should-have.html</link><description><![CDATA[If you are a business looking for a credit card processing company there are many different qualities to consider before picking one. Here are a few of the most desirable qualities to look for.Point of Sale TerminalsThe point of sale terminal is the equipment that will gather information from a card when it&amp;rsquo;s swiped through a seamless electronic process. Most credit card processing companies will have different terminals and programs for those terminals available. Often they will require that you use one of their terminals, meaning if you have one already they may not allow you to use it.&amp;nbsp; Many...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Discover The Best Unsecured Credit Card]]></title><link>http://www.finweb.com/banking-credit/discover-the-best-unsecured-credit-card.html</link><description><![CDATA[Searching for the best unsecured credit card to fit your needs can be a daunting task. They all offer different programs, different interest rates, and different fees. Here&amp;rsquo;s a short list of some of the best programs out there.Cash Back ProgramsMost unsecured card companies now offer cards with some kind of cash back incentive. Some of these cards offer cash back on all purchases, and some limit the type of purchases required for the cash back. Some of them will issue you a check every quarter, some add the cash back towards your balance, and some offer rebate coupons or...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Student Credit Card Options For Bad Credit]]></title><link>http://www.finweb.com/banking-credit/student-credit-card-options-for-bad-credit.html</link><description><![CDATA[For those who get through college with a student credit card, bad credit may follow them through college and after they graduate. However, there are some options for students with bad credit.Changing IndustryIn the past, the industry has been criticized for their frequent solicitations of students and other young people with offers of easy credit. Often these students accepted credit cards without understanding the implications of the easy debt.The resulting mass of young people with bad credit has been a black eye to the credit card industry, which has been under fire in recent years for predatory practices including charging...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Business Credit Card - Merchant Account Essentials]]></title><link>http://www.finweb.com/banking-credit/business-credit-card-merchant-account-essentials.html</link><description><![CDATA[A business credit card merchant account is one that enables retailers and service providers to accept credit, debit and gift card payments from consumers. This type of account is considered essential for facilitating transactions and ensuring customer convenience.A business credit card merchant account is generally set up through a bank or a third-party facilitator that will deal directly with credit card companies to obtain payments for its own clients. In order to accept credit card payments, businesses must use a facilitator. However, it is important to selecting the right one in order to keep more money coming in and less...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Credit Card Processing Works For You]]></title><link>http://www.finweb.com/banking-credit/how-credit-card-processing-works-for-you.html</link><description><![CDATA[Credit card processing is an event that occurs between a consumer and a merchant involving the use of a credit card and the purchase of a good or service. Here is a basic guide to what credit card processing is, and how it works for you.The Basic ProcessWhen a consumer, like you, shops at a store or online, they can simply and quickly pay for their purchase using a credit card. Instantly, the credit card is charged.&amp;nbsp; While it may seem simple from the outside looking in, there are actually a number of processes that are going on behind the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Business Credit Card Truths Most People Don't Know]]></title><link>http://www.finweb.com/banking-credit/business-credit-card-truths-most-people-dont-know.html</link><description><![CDATA[A business credit card is a financial tool that can help company owners finance purchases and keep their personal assets separated from their professional assets. Small business owners often operate under the assumption they cannot obtain this type of credit card. This is simply not the case. There are options available for any size business and even for those with bad credit. The benefits of having a business credit card can add up fast.Credit Cards for Small Business OwnersDon&amp;rsquo;t let the name fool you; corporate credit cards are available for small businesses. Even operations that are run solely by the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Bank Secured Credit Card - Building Your Credit]]></title><link>http://www.finweb.com/banking-credit/bank-secured-credit-card-building-your-credit.html</link><description><![CDATA[Whether you have no credit history, or bad credit history, it can be possible to build your credit profile by applying for a bank secured credit card. A good credit history goes a long way and can help with anything from applying for a mortgage or car financing to simple things such as cell phone contracts. Similarly, new immigrants, who have just settled in the country, can find it difficult to get started with credit history with typical credit cards because of their lack of credit history.&amp;nbsp; Secured credit cards offer a way to get back on track with credit,or...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Small Business Credit Card Plans To Look Out For]]></title><link>http://www.finweb.com/banking-credit/small-business-credit-card-plans-to-look-out-for.html</link><description><![CDATA[A small business credit card is an important tool that can help a company leverage their finances and help them make vital purchases. When the right card is selected, a company can benefit from it's tracking and control expenses.&amp;nbsp; Additionally, it can help with purchases&amp;nbsp; when cash is not readily available. If the wrong credit card plan is selected, however, the potential cons can greatly outweigh the pros. With these things in mind, it is important to consider the best plan for a specific business and shop around to get a good offer.The Types Of Offers AvailableSmall business credit card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Merchant Account Credit Card Processing: Understand the Process]]></title><link>http://www.finweb.com/banking-credit/merchant-account-credit-card-processing-understand-the-process.html</link><description><![CDATA[Transactions seem seamless when it comes to merchant account credit card processing, but there are several things that go on behind the scenes. The following is a quick breakdown of the the credit card process:Who&amp;rsquo;s Involved?Anytime a card is presented at a merchant for payment, a computer terminal connects with the card issuers bank and determines if the funds are available. If the funds are available then an approval code is given to the merchant directly from the card issuer, and the card issuer then sends the money to the merchants credit acceptance account. So there are several different parties...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Pay Off Credit Card Debt In 6 Easy Steps]]></title><link>http://www.finweb.com/banking-credit/pay-off-credit-card-debt-in-6-easy-steps.html</link><description><![CDATA[In order to get ahead financially, you will have to pay off your credit card debt before you can do anything else. The reason for this is that because credit card debt puts a stranglehold on your finances if your debts are not paid off quickly. With tremendously large interest rates, just getting by with a minimum payment can keep you in debt for most of your lifetime. Set up a secure financial future, begin saving, and begin living a worry free life by paying off your credit card debt.1. List all your credit cards.Studies have shown that the average...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is Mobile Credit Card Processing Secure Enough To Use?]]></title><link>http://www.finweb.com/banking-credit/is-mobile-credit-card-processing-secure-enough-to-use.html</link><description><![CDATA[Technology has changed the way we do business, especially because of mobile credit card processing. Mobile credit card processing has made our lives easier, the new technology, however, begs the question:&amp;nbsp; &amp;lsquo;Is it Secure Enough to Use?&amp;rsquo;What Is Mobile Credit Card Processing?There are a few different ways that mobile credit card processing is used. One way is when merchants use wireless credit card technology. This makes it easier for retailers to take their business on the road. They can sell from booths at a flea market or at a mall. These kinds of businesses have made our lives easier as...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Getting Loans With Credit Card Debt: 3 Steps]]></title><link>http://www.finweb.com/banking-credit/getting-loans-with-credit-card-debt-3-steps.html</link><description><![CDATA[For many people, securing a loan with credit card debt can be a tough process. However, it can be done if you follow a few steps.Credit card debt is a widespread &amp;quot;disease&amp;quot; (as it is called in my financial sectors) that has found itself cemented into the lives of many people. The average credit card debt carried by most people estimated to range from $3000 to $8000. Trying to get a personal, auto, or even home mortgage with this kind of debt can be a little difficult. It all comes down to a few factors that will help you get...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Online Bill Pay with a Credit Card Works]]></title><link>http://www.finweb.com/banking-credit/how-online-bill-pay-with-a-credit-card-works.html</link><description><![CDATA[With online bill pay, credit card payments are accepted and processed through gateway services or merchant business accounts. In both cases, processing internet ecommerce payments for products and services becomes an easy and simple process, for both customers and internet merchants.Payment Gateway ServicesA credit card payment gateway service handles the credit card transaction. They authorize payment and transfer requests. The gateway service protects the merchant from fraudulent transactions by securely verifying the transaction.&amp;nbsp; They provide a layer of security and protection for both the merchant and customer. Gateway services do not provide fund holding services, instead, they direct the authorizations.Merchant...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[4 Credit Card Payment Options That Save Money]]></title><link>http://www.finweb.com/banking-credit/4-credit-card-payment-options-that-save-money.html</link><description><![CDATA[Credit card payments can actually end up costing you money. Many people overlook these little fees and end up paying as much as $1000 a year or more in payment fees. Here are some ways you can save money when paying on your credit cards.Throw Out Your ChecksWriting a check for your credit card payment sounds like a good idea, but it&amp;rsquo;s really not. Generally when you get your statement in the mail you will only have so many days to have the payment to them before late fees are assessed. While most credit card companies will post your payment...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Vital Features for Restaurant Credit Card Processing]]></title><link>http://www.finweb.com/banking-credit/vital-features-for-restaurant-credit-card-processing.html</link><description><![CDATA[Credit card processing can be vital to your restaurant needs, as it can boost your sales and attract more customers if you accept credit cards. Most customers walk into a restaurant with some type of electronic payment method.&amp;nbsp; Cash is becoming less common and customers do not want to have to visit their banks on a regular basis.&amp;nbsp; Convenience is key and restaurants should require several payment methods to attract a larger client base.Restaurant Credit Card Processing TypesDifferent restaurants have different needs when it comes to credit card processing. For instance, a fast food restaurant would require a quick service...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[No Payment Credit Card Plans: Understand The Fine Print]]></title><link>http://www.finweb.com/banking-credit/no-payment-credit-card-plans-understand-the-fine-print.html</link><description><![CDATA[The lure of a no payment credit card can be quite strong, particularly if you have a specific item that you want to purchase with a new line of credit. While it can be very tempting to take out a credit card that requires no payments for the first few months, there can be very definite disadvantages if you are not aware of what you are agreeing to with this type of credit card.No Payment PlansNo payment credit card plans are also called deferred payment credit cards. Usually these credit cards are offered as an introductory plan for individuals opening...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Online Credit Card Payment Security Tips]]></title><link>http://www.finweb.com/banking-credit/5-online-credit-card-payment-security-tips.html</link><description><![CDATA[Making purchases online is a convenient part of life anymore, but online credit card payments can pose some risks. Here are just a few things you can do to make it a safer environment for you.Keep Your PC up to DateMake sure you to keep your virus and spy-ware software up to date and run it often. There are many online bugs that are designed to track and record your personal information. Viruses that track your keystrokes are very useful to criminals as it will give them a log of everything you typed. If you made a purchase with your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[High Risk Credit Card Processing Techniques To Avoid]]></title><link>http://www.finweb.com/banking-credit/high-risk-credit-card-processing-techniques-to-avoid.html</link><description><![CDATA[As a retail merchant seeking to gain a greater number of customers in today&amp;rsquo;s fiercely competitive market, high risk credit card processing may be an important method promoting business. Therefore, choosing a processing merchant account to handle high risk processing is a decision requiring some understanding to be successful. If you have been turned down for a traditional bank merchant account, there are alternatives but certain areas to avoid.Avoid Preset LimitsMany companies specializing in high risk credit card processing will grant accounts with preset limits. Although this looks attractive for new businesses, once your marketing methods prove successful, when your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Payment Authorization: Filling Out Your Form]]></title><link>http://www.finweb.com/banking-credit/credit-card-payment-authorization-filling-out-your-form.html</link><description><![CDATA[For merchants using credit card payment authorization forms, it is extremely important to complete the form correctly so that the payment is not rejected or challenged for a charge back. While in many cases, credit card processing is automated, old fashioned credit card forms are the back-up in case the telephone lines are out, the electricity is down or internet processing is not available.Completing the FormThere are several basic pieces of information that are required for the form. Make sure that you include a brief description of the items purchased. If there are several items, provide a description or item...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Processing Online: Security Tips]]></title><link>http://www.finweb.com/banking-credit/credit-card-processing-online-security-tips.html</link><description><![CDATA[Credit card processing online is generally designed to be safe, but there are situtations that require a little extra security measures.&amp;nbsp; Here is a look at some security tips that you can employ to keep yourself safe when shopping with your credit card online.Giving Out InformationYou need to be absolutely careful when you are giving information out online.&amp;nbsp; Shopping online is designed to be safe and secure, and there are many security features in place online to keep you safe.&amp;nbsp; Diligence is always the best thing that you can do in order to keep yourself adequately protected. Make sure that...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Batch Credit Card Processing: Pros &amp; Cons]]></title><link>http://www.finweb.com/banking-credit/batch-credit-card-processing-pros-and-cons.html</link><description><![CDATA[Here the pros and cons of batch credit card processing:When a person has an online business where they need to accept credit card payments, they need what is called a merchant's account. The merchant's account is a type of sponsored bank trust for receiving payment. If an online business is successful and the vendor takes a lot of credit card payments, then these might be processed in batches. When a customer makes payment to an online vendor, the vendor submits it to the merchant account. The acquiring bank is the organization that accepts payment on behalf of the seller. The...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Make A Payment By Credit Card]]></title><link>http://www.finweb.com/banking-credit/how-to-make-a-payment-by-credit-card.html</link><description><![CDATA[Nowadays you can pay for virtually anything through payment by credit card. Even if you aren&amp;rsquo;t in person you can still generally pay through credit. Here are a few things to remember when making a payment by credit card.Payments by PhoneMost credit card companies have a verification process tied in to their credit approval systems. When you are making a payment by phone the merchant isn&amp;rsquo;t able to check your ID and verify that you are the card owner. Instead they will rely on other methods. You must have the card in front of you when purchasing something over the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[3 Steps for an Instant Approval Business Credit Card]]></title><link>http://www.finweb.com/banking-credit/3-steps-for-an-instant-approval-business-credit-card.html</link><description><![CDATA[Instant approval business credit cards can provide a company the buying leverage they need without the worries that accompany waiting on an answer. This type of credit card is commonly procured because of the expedient approval process.&amp;nbsp; An instant approval business credit card involves a process that invovles careful attention to detail.&amp;nbsp; It is important to avoid applying for a card that includes terms that are not in a company&amp;rsquo;s best interest. To ensure the selection of a good instant approval business credit card, see the following three easy steps:Step 1 &amp;ndash; Review Credit StandingGetting an instant approval business credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Business Credit Card: Are Cash Back Rewards Worth It?]]></title><link>http://www.finweb.com/banking-credit/business-credit-card-are-cash-back-rewards-worth-it.html</link><description><![CDATA[Business credit card cash back offers are designed to entice companies to use their credit cards more frequently. Credit card companies are able to achieve this goal by rewarding users with a set percentage of purchase prices in the form of money back on the card. These offers can be very worthwhile if the terms are favorable and if the card is handled responsibly.&amp;nbsp; There are a few criteria to consider when choosing the right card.&amp;nbsp; Loan terms, the amount of cash back, and payment options are a few benefits of the business credit card.Don&amp;rsquo;t Overlook TermsBusiness credit card cash...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Payment Protection Plans Made Easy]]></title><link>http://www.finweb.com/banking-credit/credit-card-payment-protection-plans-made-easy.html</link><description><![CDATA[Chances are you were offered credit card payment protection when you first signed up for your card. Hopefully you looked in to this offer. There are many plans available to help protect you and your credit if something happens and you aren&amp;rsquo;t able to make the payments as planned. Here&amp;rsquo;s what you need to know.What Is A Credit Protection Plan?A credit card payment protection plan works as an insurance policy. In the event that you are unexpectedly unemployed or facing another financial hardship, the plan serves as a way for you to continue to make your payments without sending any...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Free Credit Card Consolidation - Does it Exist?]]></title><link>http://www.finweb.com/banking-credit/free-credit-card-consolidation-does-it-exist.html</link><description><![CDATA[These days, many commercials show people walking happily off into the sunset on the beach because they were relieved of their credit related debt issues, after investing in free credit card consolidation.&amp;nbsp; While legitimate debt consolidation companies exist, a large number of advertised services are scams that target unassuming individuals. You should be aware that there are numerous steps that you can take by yourself to resolve your credit card debt. However, in the event that you decide to pursue professional help, it is extremely important that you take steps to properly assess the company&amp;rsquo;s worth, scrutinize their payments plans,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Processing Equipment Your Business Needs]]></title><link>http://www.finweb.com/banking-credit/credit-card-processing-equipment-your-business-needs.html</link><description><![CDATA[Credit card processing equipment offers a point-of-sale, commonly referred to as POS, transaction that electronically transmits credit card information for customer purchases from your business.&amp;nbsp; All machines work differently, so it is important to evaluate your business needs and services before purchasing.What to Look for: There are many options for processing credit cards: Proprietary equipment only works with one or a few credit card processors.&amp;nbsp; Since you will own the system processor, be sure it&amp;nbsp; is compatible with your other electronic equipment.&amp;nbsp; Most major manufacturers of credit card processing equipment and software are compatible, however, such as those by Hypercom,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Apply for a Business Credit Card]]></title><link>http://www.finweb.com/banking-credit/how-to-apply-for-a-business-credit-card.html</link><description><![CDATA[Companies of all sizes apply for business credit card offers to give them instant access to purchasing power. Having a business credit card also lends itself to making bookkeeping easier and can provide a company a greater sense of legitimacy. When it is time to apply for a business credit card, however, the process is not one to take lightly.To get the best possible offer out there, it does pay to apply for a business credit card with both eyes open. A simple process can help companies ensure they apply for business credit card offers that truly make sense for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Payment Solutions For When You're In Trouble]]></title><link>http://www.finweb.com/banking-credit/credit-card-payment-solutions-for-when-you-are-in-trouble.html</link><description><![CDATA[There are credit card payment solutions even when you&amp;rsquo;re in a financial crunch. It takes discipline to get your credit debt under control, but there are things you can do to help. Follow these simple steps to manage your payments when you&amp;rsquo;re in trouble.Stop Using Your CardsIf you&amp;rsquo;re already in financial trouble then adding more debt is just silly. If you can&amp;rsquo;t pay cash for something, you don&amp;rsquo;t need it. Get a budget set up and stick to it. It&amp;rsquo;s easy to pull the plastic out of your wallet to make a purchase, but with the interest rates it&amp;rsquo;s really...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Prepaid Business Credit Card:  Understand How They Work]]></title><link>http://www.finweb.com/banking-credit/prepaid-business-credit-card-understand-how-they-work.html</link><description><![CDATA[A prepaid business credit card is a specialized funding tool that gives a company the spending convenience of a credit card without the financial burdens. This type of card will not increase a company&amp;rsquo;s buying power or credit rating, but can also deliver a number of benefits.Getting A Prepaid Business Credit CardPrepaid business credit card offers are generally provided by most major credit card companies that cater to businesses. These cards come with a simple application process that does not involve a denial. Since the money on a card is &amp;ldquo;loaded&amp;rdquo; in advance by the business, there is no credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Unsecured Credit Cards: Important Secrets Before Buying]]></title><link>http://www.finweb.com/banking-credit/unsecured-credit-cards-important-secrets-before-buying.html</link><description><![CDATA[Knowing these secrets before you apply for a new unsecured credit card will help you get the best deal.Comparing Credit Card OffersBefore applying for an unsecured credit card, compare offers different card offers. The terms between different providers can very widely and can have an effect on the amount of you pay in fees and interests.The differences that you will encounter between different cards will be found not only among different brands, such as MasterCard, American Express or Visa, but also among different issuers of the same brand (i.e. Citibank Visa versus a Capital One Visa card).Understanding the Terms of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Get A Secured Credit Card Online]]></title><link>http://www.finweb.com/banking-credit/how-to-get-a-secured-credit-card-online.html</link><description><![CDATA[Applying for a secured credit card online is an easy task to accomplish for anyone interest in obtaining a card. The application process is simple and designed to give results within a manner of seconds once the application has been submitted. This ease of use allows you to obtain the credit card you need, based on your financial profile and needs, and can be accomplished by following these steps:Step 1: Find a Secured Credit Card Offer That Is Right for YouSimply typing in the words &amp;ldquo;secured credit card&amp;rdquo; into most any search engine will yield many results for credit card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Don't Let the Zero Interest Credit Card Offer Fool You]]></title><link>http://www.finweb.com/banking-credit/don-t-let-the-zero-interest-credit-card-offer-fool-you.html</link><description><![CDATA[A zero interest credit card offer can appear as a deal without a downside on the surface, but don&amp;rsquo;t be fooled. You need to choose your&amp;nbsp; zero interest credit card offer wisely and carefully manage your use of the card to get the benefit. Without mindful selection and use, this so-called &amp;ldquo;great deal&amp;rdquo; could end up costing you.Choose the Right CardCredit card companies offer incentives to prospective customers because right now it is a highly competitive market for good borrowers. If you have a good credit score, you will be receiving a zero interest credit card offer. They are not...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Unsecured Credit Card Application Tips For Approval]]></title><link>http://www.finweb.com/banking-credit/unsecured-credit-card-application-tips-for-approval.html</link><description><![CDATA[Making an unsecured credit card application requires you to know something about your credit standing before you apply. This understanding will help you decide which offers give you the best rates and the most benefit. The application process is simple and can be completed by following these tips, which should help improve your approval rate.Know Your Credit ScoreYou should know what your credit score is before you apply for an unsecured credit card. The credit score is a measure of your creditworthiness and is maintained by three reporting bureaus, Trans Union, Equifax and Experior. The scale of acceptable scores for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Managing Your Student Secured Credit Card]]></title><link>http://www.finweb.com/banking-credit/managing-your-student-secured-credit-card.html</link><description><![CDATA[Managing your student secured credit card is essential to keeping a good credit score. When graduation comes and you are ready to get a job, your credit score is one of the factors used to determine character and trustworthiness by many employers. Graduates who have poor credit scores are deemed less reliable than a comparable graduate with good or excellent credit.Additionally, managing your secured credit card debt opens the doors to obtaining unsecured lines of credit. This includes automobile loans, home mortgage loans and access to an unsecured credit card. These simple steps will help you look differently at your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Have Bad Credit? Unsecured Cards Made For You]]></title><link>http://www.finweb.com/banking-credit/have-bad-credit-unsecured-cards-made-for-you.html</link><description><![CDATA[It is possible to find bad credit unsecured cards for people with bad or poor credit scores. There are some lenders that will take a chance with customers with less than perfect credit. The conditions they set or issuing these cards however depends on the customer and their most recent credit history. Usually, if a person does not have a bankruptcy or are late on current debts, there may be an unsecured card available for them.Know Your Credit ScoreIssuers base their decisions to issue an unsecured credit card by analyzing information provided by the three major credit-reporting agencies. Scores over...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Does a Free Unsecured Credit Card Exist?]]></title><link>http://www.finweb.com/banking-credit/does-a-free-unsecured-credit-card-exist.html</link><description><![CDATA[Looking for a free unsecured credit card can seem like looking for the pot of gold at the end of a rainbow. Fortunately, there are plenty of fee free cards out there. You just have to look. Here are a few ways you can find those fee free cards without much hassle.Annual FeesA lot of credit card companies have started to add annual fee&amp;rsquo;s on their card products. There can be many reasons for these fees. The credit card companies will try to convince you the cards are worth the fees. Whether or not you think their worth it is...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Is The Best Secured Credit Card?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-best-secured-credit-card.html</link><description><![CDATA[Knowing the best secured credit card is helpful when deciding to apply for a new credit card. Even people with poor or bad credit may find credit card offers out there that will meet their needs. The trick is in finding the best secured credit card with the features and terms that you can live with.Not all secured credit card offers are the same. This is a benefit to you if you have bad credit because, depending on the reason for your credit situation (i.e. temporary unemployment, medical bills, etc.) your ability to demonstrate personal responsibility goes a long way...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Unsecured Credit Cards: No Credit? No Problem]]></title><link>http://www.finweb.com/banking-credit/unsecured-credit-cards-no-credit-no-problem.html</link><description><![CDATA[Often we come across this tag line: Unsecured Credit Cards: No credit? No Problem. Catchy Tag line! But how true is it? Is it possible to find unsecured credit cards with little to no credit?In the times of economic crisis, when most of us are passing through a bad phase, it is more often than not that you come across tag lines in advertisements such as this one. When you see something like this, don&amp;rsquo;t jump on your feet to grab the card.What is an Unsecured Credit Card?An unsecured credit card is like any other credit card, with a difference...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Have Bad Credit? Card Offers to Avoid]]></title><link>http://www.finweb.com/banking-credit/have-bad-credit-card-offers-to-avoid.html</link><description><![CDATA[There are numerous bad credit card offers on the market today &amp;ndash; there is no getting around it. Even if you have bad credit, you will continue to receive credit card offers in the mail, but before you accept a credit card offer, carefully consider what is actually being offered and whether or not it is worth it to you.Secured Credit CardsOne of the most popular kinds of credit cards offers to individuals with poor credit is the secured credit card. While on the surface, this can seem like an attractive offer, the reality is that it is actually a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Secure Credit Card Transactions: Tips For Better Protection]]></title><link>http://www.finweb.com/banking-credit/secure-credit-card-transactions-tips-for-better-protection.html</link><description><![CDATA[You believe that every time you make purchases that they are secure credit card transactions. The instances of identity theft, credit card fraud and other forms of illegal activity involving credit cards should serve as a caution for you to take the necessary steps to protect and safeguard your information. Here are a few tips to help you be safe when using a credit card:Safeguard Your PIN NumberYour PIN, or personal identification number, is your unique password that is used to access your account information. This includes financial as well as personal information about you. Protect you PIN by: Never...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[3 Steps to Discover a Bad Credit Card Company]]></title><link>http://www.finweb.com/banking-credit/3-steps-to-discover-a-bad-credit-card-company.html</link><description><![CDATA[If you have poor credit, then looking for a bad credit card company can be very important. There are a number of companies that specialize in working with individuals who have poor credit and finding them is often a matter of simply looking.Step 1The best way to find bad credit card companies is to look online. While you may find that you receive offers from credit card companies in the mail, you can easily compare different companies by doing a quick online search of &amp;ldquo;bad credit card companies.&amp;rdquo;Some of the credit card clearinghouses include www.Credit.com, www.Credit-Land.com and www.CreditCardGuide.com .Step 2Once...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Small Business Credit Card Machines:  Features You'll Need]]></title><link>http://www.finweb.com/banking-credit/small-business-credit-card-machines-features-you-will-need.html</link><description><![CDATA[Small business credit card machines are essential pieces of equipment for any retail or service outlet that is interested in simplifying consumer transactions. These devices give an instant connection for points of purchase and allow the purchase to be interfaced with the store&amp;rsquo;s credit card processing company.Small business credit card machines are not all alike, however. Some of these devices can make transactions flow smoothly, but others can somewhat bog down the system. Choosing the right one depends a great deal on the features. There are several merchants a consumer should consider when trying to select the best machine for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Apply For A Unsecured Credit Card]]></title><link>http://www.finweb.com/banking-credit/how-to-apply-for-a-unsecured-credit-card.html</link><description><![CDATA[You can go online to apply for unsecured credit cards. However, before you apply for an unsecured credit card, compare the rates of interest offered by various banks. The interest rates applicable to an unsecured credit card are much higher than that applied to a general credit card.ApplicationFollowing are the steps involved in applying for an unsecured credit card:Research a bank that is offering a minimum rate of interest. Make sure you know if the interest rate is an introductory rate, and understand all the rates associated with the card. Many cards can have three or four different rates for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Does A No Fee Secured Credit Card Exist?]]></title><link>http://www.finweb.com/banking-credit/does-a-no-fee-secured-credit-card-exist.html</link><description><![CDATA[There are credit cards that are advertised as a no fee secured credit card. These are cards that typically have a low annual percentage rate or APR, which is the stated interest, plus any additional fees. In the case of a no fee secured card, such items as annual fees, monthly maintenance fees, ATM charges, etc. are either waived, suspended or eliminated.Do No Fee Secured Credit Cards Exist?It is a difficult question to answer based on the definition of no fee. You may encounter an offer for a secured card that does not charge the typically fees that other secured...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Low Interest Credit Cards: Essentials for Bad Credit]]></title><link>http://www.finweb.com/banking-credit/low-interest-credit-cards-essentials-for-bad-credit.html</link><description><![CDATA[When looking for low interest credit cards bad credit can be a bit of a detriment, but some effort, it is possible to find credit cards that meet your needs.Credit Card ClearinghousesThe best source for finding low interest credit cards when you have poor credit is credit card clearinghouse websites. This is because they offer you the opportunity to find out about several different cards and look at the card details for comparison. In many cases, you can find companies that offer low interest rates and allow you to rebuild your credit.Interest RatesIt is extremely important to understand the interest...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Business Credit Card Processing: Legal to Charge Customers?]]></title><link>http://www.finweb.com/banking-credit/business-credit-card-processing-legal-to-charge-customers.html</link><description><![CDATA[Business credit card processing is a complicated undertaking that involves more parties than the average consumer realizes. Rather than deal directly with Visa, MasterCard or another issuing credit card company, merchants must deal with business credit card processing companies that are essentially middlemen in transactions. These processing companies, in turn, charge merchants a fee for handling the transaction. The fee cannot be charged to the consumer.How Business Credit Card Processing WorksBusiness credit card processing is set up with middlemen to ensure that payments are handled expediently and effectively. If Discover, Visa or MasterCard attempted to handle processing for each and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What a Pre-Approved Credit Card Offer Really Means]]></title><link>http://www.finweb.com/banking-credit/what-the-pre-approved-credit-card-offer-really-means.html</link><description><![CDATA[A pre-approved credit card offer should be approached with care and used to your advantage. If it&amp;#8217;s not the card you want with terms that fit your personal financial situation, then shred it.Not a Done DealReceiving a pre-approved credit card offer does not necessarily mean you will get a card if you file an application. &quot;Pre-approved&quot; means that based on the data the credit card company has been able to collect on you, you might qualify for a card. If the information in your application differs from the data the credit card company has, you could be offered a card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Want a Gas Credit Card]]></title><link>http://www.finweb.com/banking-credit/want-a-gas-credit-card.html</link><description><![CDATA[If you are looking for a gas credit card bad credit can be a hindrance, but it is a problem that is not impossible. As gas prices have inched upwards again, many consumers are looking for ways to cut their gas prices and a gas credit card can be an excellent way to earn rewards, including rewards dollars that can be put toward the purchase of additional gasoline.Gas CardsThere are two different types of credit cards available to individuals with poor credit that can be used for the purchase of gasoline &amp;ndash; gas company cards and general credit cards.Popular gas...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Apply For A Secured Credit Card]]></title><link>http://www.finweb.com/banking-credit/how-to-apply-for-a-secured-credit-card.html</link><description><![CDATA[When you apply for secured credit cards, it's a little different than applying for unsecured cards. The credit requirements are generally different, and a secured card will rely more heavily on other factors, such as employment. Here are a few things you need to know about applying for a secured credit card.ApplicationSome secure card companies will ask that you open a savings account with the bank from which you want to get a secured credit card. You can open a savings bank account with a deposit ranging from $200 to $500. This serves as collateral deposit. You will enjoy a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Offers for Poor Credit: The Truth Revealed]]></title><link>http://www.finweb.com/banking-credit/credit-card-offers-for-poor-credit-the-truth-revealed.html</link><description><![CDATA[Credit card offers for those with poor credit can provide a helpful tool for needed financial flexibility and the opportunity to improve a credit score. Not all offers are equal, though, so you need to choose your card carefully and use it wisely.The Cost of Poor CreditMany credit cards are offered today with a special incentive such as low interest or a rewards program. Credit card companies want qualified borrowers and compete for them.Credit card offers for poor credit borrowers will likely have higher interest rates and seldom offer an incentive program. This doesn&amp;rsquo;t mean these are bad offers. You...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Small Business Credit Card Options for Bad Credit]]></title><link>http://www.finweb.com/banking-credit/small-business-credit-card-options-for-bad-credit.html</link><description><![CDATA[For those with a small business credit card bad credit can be a problem. However, there are a few different options available for establishing positive credit.Small Businesses are usually proprietary businesses that are owned by a single individual or two people. As a result, many people with bad credit are concerned about applying for a business credit card, since they believe that their poor credit will be a detriment to their business. However, there are several options available.PayPalPaypal offers two different options &amp;ndash; a PayPal credit card and a PayPal debit card. Both are tied to the PayPal account, but...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Different Credit Card Offers For People With Bad Credit]]></title><link>http://www.finweb.com/banking-credit/different-credit-card-offers-for-people-with-bad-credit.html</link><description><![CDATA[There are several different kinds of credit card offers for people with bad credit. With a little investigation, individuals with poor credit can find a credit card to meet their needs.Secured CardsSecured credit cards are often offered to individuals with bad credit because they have a small decrease in the risk for the credit card company. These cards require that a deposit be submitted along with the credit card application. Usually, the security deposit is held by the company for a determined length of time that is set by the credit card company and as long as the card holder...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Secured Credit Card Comparison: Which One's The Best?]]></title><link>http://www.finweb.com/banking-credit/secured-credit-card-comparison-which-one-s-the-best.html</link><description><![CDATA[When it comes to secured credit card comparison, you may be inundated with options. There are several factors to keep in mind when looking for the best one for your needs. With a little research and comparison you can find a card that meets all your needs.Why Are You Going Secured?Many secured credit card companies report to the credit bureaus. If you have less than perfect credit and are trying to rebuild your credit this is extremely important. Having a secured credit card won&amp;rsquo;t help with your credit if your future creditors can&amp;rsquo;t see that you&amp;rsquo;ve made payments.How Are the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Secured Credit Card Facts Worth Noting]]></title><link>http://www.finweb.com/banking-credit/5-secured-credit-card-facts-worth-noting.html</link><description><![CDATA[Applying for a secured credit card is a great option for many people. It can offer a way to keep a budget under control or help to rebuild already damaged credit. There are a few things that are worth knowing when it comes to secured credit cards.Fact #1 - Spending Your MoneyWith a secured card you are placing some king of a deposit on the account. Many times the card company will require you to mail in a payment from your personal account to secure the card. Other times a company may bill annual and program fee&amp;rsquo;s directly to the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Secured Business Credit Card Basics For Your Business]]></title><link>http://www.finweb.com/banking-credit/secured-business-credit-card-basics-for-your-business.html</link><description><![CDATA[A new business enterprise may benefit from a secured business credit card as a way to establish their credit profile. Many times newer companies lack a credit history that is long enough to meet a credit card issuer&amp;rsquo;s minimum requirements. A secured business credit card is a way to obtain a credit card and create a positive credit history. This helps the business move from a secured to an unsecured card at some point in the future.There are some basics you should be aware of when applying for and obtaining a secured business credit card. These basics will help you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[4 Tips for Guaranteed Secured Credit Card Approval]]></title><link>http://www.finweb.com/banking-credit/4-tips-for-guaranteed-secured-credit-card-approval.html</link><description><![CDATA[A lot of people feel more comfortable applying for guaranteed secured credit cards as opposed to unsecured cards. There can be many reasons for this. There are plenty of credit card companies out there that offer guaranteed secured credit. Here are a few tips to keep in the back of your mind when you search for the perfect card offer.Tip #1 - CostsAll secured credit cards will require a deposit of some kind. If they don&amp;rsquo;t want you to mail in a check to cover this, they may tack the additional costs on to the card when you apply for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Bad Credit Cards: The Truth Within The Fine Print]]></title><link>http://www.finweb.com/banking-credit/bad-credit-cards-the-truth-within-the-fine-print.html</link><description><![CDATA[Bad credit cards can be tempting if you have poor credit. However, if you apply for one of these cards, it is very important to read the fine print to completely understand what you are agreeing to when you apply.Interest RatesOne of the problems that has been revealed recently is that many credit card companies have been guilty of business practices with credit card holders that are upsetting for card holders, particularly those who are already struggling to pay their bills. Very often bad credit cards charge higher than normal interest rates, ranging in initial interest anywhere from 14.5% to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[3 Secured Credit Card Application Steps For Approval]]></title><link>http://www.finweb.com/banking-credit/3-secured-credit-card-application-steps-for-approval.html</link><description><![CDATA[Before you begin your secured credit card application there are some steps you want to take to ensure that you are getting the best available offer. Secured credit cards are perfect for people with less than perfect credit who are looking to reestablish themselves. Although all offers for a secured credit card may look the same, knowing the details will help you save money and obtain the best card that is suited for your needs.The following tips will help you work through the process of finding an appropriate secured card. Use these tips as a guide and you should be...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Application Instructions for People with Bad Credit]]></title><link>http://www.finweb.com/banking-credit/credit-card-application-instructions-for-people-with-bad-credit.html</link><description><![CDATA[Some individuals may be hesitant to fill out a credit card application for people with bad credit. However, the process is easy and simple and often you have an answer within a few minutes.Step 1First, you need to find the credit card that works best for you. You can find companies that work with people with poor credit by looking at online credit card clearinghouse sites. A few of these sites include www.CreditCardGuide.com, www.Credit.com and www.CreditCards.com .Step 2After you have selected the card application for the type of card you believe will work for you, then complete the entire application....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Steps For Guaranteed Unsecured Credit Card Approval]]></title><link>http://www.finweb.com/banking-credit/5-steps-for-guaranteed-unsecured-credit-card-approval.html</link><description><![CDATA[Receiving a guaranteed unsecured credit card isn&amp;rsquo;t difficult, but it will require some work. Here are a few tips to get you headed in the right direction.Step #1 - Credit ScoreBefore you start applying for any credit card, know what your credit score is. Often times people think their credit is better than it really is. You are entitled to a free credit report every year, and each time you are denied credit. Take advantage of this. Knowing what is on your credit report will not only arm you with knowledge when you apply for credit, it&amp;rsquo;s just smart too....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What a Secured Credit Card Company Looks For]]></title><link>http://www.finweb.com/banking-credit/what-a-secured-credit-card-company-looks-for.html</link><description><![CDATA[A secured credit card company is likely to me much more lenient on their requirements than a traditional unsecured card company. They will still have several key factors they look at when approving a card. Here are a few things they look for.Past DelinquenciesWhile having major delinquencies on your credit report isn&amp;rsquo;t a huge deal with a secured credit card company, having serious delinquencies with other secured card companies will be seen as negative. Many secured credit card companies will not issue a card to someone who falls under this umbrella. It&amp;rsquo;s best to pay off any secured debt you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Get a Credit Card with Bad Credit]]></title><link>http://www.finweb.com/banking-credit/how-to-get-a-credit-card-with-bad-credit.html</link><description><![CDATA[If you have poor credit you may be wondering how to get a credit card with bad credit. However, there are actually some very simple and easy ways around this problem that you can use to get a credit card and begin to build good credit.Credit ClearinghousesThere are a number of companies online that provide applications to credit card companies that work with individuals who have bad credit.&amp;nbsp; These companies include &amp;ndash; www.Credit.com, www.Credit-Land.com and www.CreditCards.com .Once you have found the credit card you believe you want to apply for, simply fill out the application, which requires you to provide...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Get a Low Interest Secured Credit Card]]></title><link>http://www.finweb.com/banking-credit/how-to-get-a-low-interest-secured-credit-card.html</link><description><![CDATA[Finding a low interest secured credit card can be quite difficult. Since these cards are designed for people with less than perfect credit, most of the companies assume you will pay any interest rate they offer. This isn&amp;rsquo;t always the case, and there are plenty of ways you can find a secured card with a lower than average interest rate. Here&amp;rsquo;s how.Be RealisticSince secured cards are traditionally designed for those who won&amp;rsquo;t ordinarily qualify for other unsecured cards, the interest rates tend to be higher. While an unsecured card may have an introductory rate of 4% for purchases, you will...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Bad Credit: Card Approval In 3 Easy Steps]]></title><link>http://www.finweb.com/banking-credit/bad-credit-card-approval-in-3-easy-steps.html</link><description><![CDATA[For individuals with bad credit card approval involves finding and then applying for a good credit card deal. This can be a bit time consuming but worth the effort. With the dramatic downturn in the economy, many people are finding themselves looking for an opportunity to rebuild their credit or simply have a safety net in case an emergency happens and they need to use a credit card.Different Types of CardsThere are basically two different kinds of credit cards &amp;ndash; secured and unsecured.The most familiar type of card for most people is the unsecured card. With this kind of VISA...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card on File: Payment Advantages and Disadvantages]]></title><link>http://www.finweb.com/banking-credit/credit-card-on-file-payment-advantages-and-disadvantages.html</link><description><![CDATA[Many people store their credit card on file to make paying bills or purchasing items easier. While storing your credit card information can save time and money, you must protect your personal information.The AdvantagesWe all want to simplify our lives and speed through necessary but time-consuming processes. To that end, people store their credit card on file for the following reasons: To Save Time &amp;ndash; Instead of typing in your credit card number and personal information each time you make an online purchase, storing your card on file offers online consumers a way to make a purchase or pay a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Your First Business Credit Card]]></title><link>http://www.finweb.com/banking-credit/your-first-business-credit-card.html</link><description><![CDATA[As soon as you establish your own business, you'd be well advised to immediately begin working on helping your business build its own credit portfolio. How you've set up your organization will give you an idea of which way to proceed. Generally speaking, financing for a sole proprietorship is based on your personal credit. This means that a new business credit card will likely have your name on it, and the business will be added to your personal credit report. If, however, you want to set up your business as its own entity, you'll have to do a little additional...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Discover the Framework of the Best Credit Card Company]]></title><link>http://www.finweb.com/banking-credit/discover-the-framework-of-the-best-credit-card-company.html</link><description><![CDATA[The best credit card company is a company that meets your needs with the terms, level of customer service, and reliability of your credit card.&amp;nbsp; Terms and ConditionsThe terms and conditions of your credit card are the details of the agreement between you and the company for the money you are using. Good credit card companies have clear, easy to understand terms and fair practices with their customers.Interest RatesInterest rates determine how much the money you are using is going to cost you in the long run. The lower the interest rate, the less expensive the money will be. Rewards...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Avoid Common Credit Card Pitfalls]]></title><link>http://www.finweb.com/banking-credit/avoid-common-credit-card-pitfalls.html</link><description><![CDATA[For most people, credit cards are a common part of daily life. With one, two or more credit cards at their disposal, they're often treated like plastic cash. But the hard truth of the matter is that credit cards are an entirely different animal altogether. Credit cards should be used carefully and responsibly in order to avoid the very real possibility of loads of financial trouble down the road. Let's look at a few common pitfalls that often accompany frequent credit card use. First things first: how many credit cards do you have? If you don't know the total number...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Get the Best Low Interest Credit Card]]></title><link>http://www.finweb.com/banking-credit/how-to-get-the-best-low-interest-credit-card.html</link><description><![CDATA[To get the best low interest credit card, you need to spend some time shopping around and comparing card rates. Don't be swayed by short term low or no interest introductory offers if the long term rate is still very high. Be sure to shop wisely.&amp;nbsp; Information You Need to Apply for a Credit CardThere is a great deal of information you will need to provide when you apply for a new credit card. Your personal identification. Credit card applications are typically completed online and require your name, address, phone number, and social security number. It is important that you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Why You Need The Best Credit Card Processing]]></title><link>http://www.finweb.com/banking-credit/why-you-need-the-best-credit-card-processing.html</link><description><![CDATA[In order to make transactions more expedient and problem-free, make sure you have the best credit card processing service possible. Whether you are a large retail merchant or a small business based from your home, accepting credit cards will open doors for new customers.Cost of Credit ProcessingProcessing credit card transactions can become an extremely costly expense for businesses.&amp;nbsp; Not only do you open yourself up to the risk of chargebacks, but you typically have to pay for each credit card transaction, which can cut directly into your bottom line.&amp;nbsp; Because your credit card fees can impact your profit, it is...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Merchant Bank Card: 'Understanding its Rates']]></title><link>http://www.finweb.com/banking-credit/understanding-its-rates.html</link><description><![CDATA[A merchant bank card is a credit card issued to corporate clients to help them fund occasional needs or day-to-day purchases. The interest rates charged on these cards can vary greatly depending on a number of factors. What is considered a fair rate and what might be considered unfair will also hinge on a few factors.How Rates are DeterminedBusiness credit card rates can vary greatly based on a number of different influences. The forces that can play a role in how much or how little a company is charged for accessing credit include: going interest rates the credit standing of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Are The Best Credit Cards For College Students]]></title><link>http://www.finweb.com/banking-credit/what-are-the-best-credit-cards-for-college-students.html</link><description><![CDATA[Check out the following benefits and how to find the best credit cards for college students.Benefits of Having A College Credit CardYour main goal as a college student should be to use a credit card to build your credit history, so that when you graduate, you have a good credit score that will let you obtain a loan for a newer car or buy a house.&amp;nbsp; Building good credit as an undergrad may also help you obtain the necessary alternative school loans when you need them for grad school, since some of those are only offered based on your credit.To...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Best Travel Credit Cards: Rewards vs. APR]]></title><link>http://www.finweb.com/banking-credit/the-best-travel-credit-cards-rewards-vs-apr.html</link><description><![CDATA[If you do a lot of traveling, whether for business or for personal enjoyment, having the best travel credit card to suit your personal travel style allows you to take advantage of some great rewards and savings.Travel RewardsMany credit cards offer travel rewards, like miles for flights or points for hotel stays in exchange for using the card. If you tend to spend a lot of time in airports and hotels, these rewards might pay off for you, but not if the interest rate on the card is significantly higher. To determine whether or not you are getting a good...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Dangers]]></title><link>http://www.finweb.com/banking-credit/credit-card-dangers.html</link><description><![CDATA[One of the problems associated with owning credit cards is that the interest rates can fluctuate, sometimes dramatically. While you may periodically receive offers in the mail stating that you can get a card whose APR is 0% for a certain period of time, it's always a good idea to read the accompanying information that discloses what the rate will be after the introductory period is over. When credit card companies decide to increase interest rates, your bill will include a small brochure indicating when and by how much the rate will rise. For variable-rate cards that are tied to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Get The Best Credit Cards Online]]></title><link>http://www.finweb.com/banking-credit/how-to-get-the-best-credit-cards-online.html</link><description><![CDATA[Shopping for a credit card on the internet has never been easier, and you can easily find the best credit cards online with quick side by side comparisons. However, when you are searching, be sure to consider the following things in order to get the best deal from a card company.APRWhen shopping for a credit card, you should pay attention to the interest rate.&amp;nbsp; The interest rate tells you how much the borrowed money is going to cost you to use.&amp;nbsp; Lower interest rates are better than higher interest rates.Introductory OffersMany credit cards will offer introductory offers to entice new...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Understanding How Merchant Bank Credit Card Processing Works]]></title><link>http://www.finweb.com/banking-credit/understanding-how-merchant-bank-credit-card-processing-works.html</link><description><![CDATA[Whether you are a credit card user or a business owner interested in accepting credit card payments, it is a good idea to understand how merchant bank credit card purchases are processed. There are several parties involved in each credit card transaction: The customer, or cardholder making the purchase The issuing bank, or the company that issues Visa or MasterCard credit cards to customers The merchant, or business accepting credit card payments The sponsoring bank that handles the card transactions on behalf of the merchant Several important steps take place within a matter of seconds that allow these credit card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Top Credit Card Offers to Avoid]]></title><link>http://www.finweb.com/banking-credit/top-credit-card-offers-to-avoid.html</link><description><![CDATA[The top credit card offers you should stay away from include those with limited benefits and cards that offer benefits which can become traps for you. Consider these four top credit card offers and your ability to take advantage of them.The &amp;quot;No Interest&amp;quot; OfferThe &amp;quot;no interest&amp;quot; credit card is clearly among the top credit card offers. However, not all of these offers allow you to transfer an existing credit card balance. Without this, the card does not offer you the primary benefit. By transferring a balance from a higher rate card to a lower rate, you have created a no...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Cards and Christmas Shopping]]></title><link>http://www.finweb.com/banking-credit/credit-cards-and-christmas-shopping.html</link><description><![CDATA[If you're like many people, much of your current credit card bills are made up of Christmas presents from last year that you're still paying off. As a matter of fact, many folks will be paying off last year's presents well into the middle of this year &amp;ndash; if not even farther. One way to keep this from happening again next season is to start saving now, so that you'll have the cash on hand to pay for those gifts outright, instead of having to resort to charging them. The savings will undoubtedly be substantial, as the interest fees on...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Processing]]></title><link>http://www.finweb.com/banking-credit/credit-card-processing.html</link><description><![CDATA[The popularity of credit cards has drastically increased in recent years, with both individuals and businesses. Commercial enterprises have realized the importance of not only having their own credit cards but also allowing their customers to do business with credit cards. Companies are able to generate more revenue by being able to accept payments through the processing of credit cards, debit cards and other electronic means. Customers also tend to be more willing to do business &amp;ndash; and spend more money &amp;ndash; with companies that accept credit cards for payment. Different businesses offer different payment modes for their customers. If...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Cut the Cards?]]></title><link>http://www.finweb.com/banking-credit/cut-the-cards.html</link><description><![CDATA[Let's face it; credit cards have been fantastic sources of trouble for millions of consumers. Yet, ironically, without some type of credit, it becomes very difficult to purchase a home, a car or get a personal loan. It's a catch-22 situation in that your FICO score is, in part, determined by the amount of credit you have. The higher your score, the better positioned you'll be to acquire the credit you need to make large purchases. The equation is this: too much credit and you become a risk; not enough credit and you're still a risk. What can you do?...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Understanding Different Credit Card Offers]]></title><link>http://www.finweb.com/banking-credit/understanding-different-credit-card-offers.html</link><description><![CDATA[Credit card offers flood our mailboxes at home and online. You can look at these as a nuisance or you can deepen your understanding of what makes a good offer and put those offers to work for you in the most effective way. Consider the following aspects of credit card offers that can work to your advantage.Low or Zero Percent Credit CardsMany credit card offers come with a low interest rate, some even with no interest for a period of time. The person who frequently carries a balance on a credit card will find these offers advantageous. Credit card interest...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Judgments]]></title><link>http://www.finweb.com/banking-credit/credit-card-judgments.html</link><description><![CDATA[Just as filing bankruptcy can hurt your credit score, so too can judgments against your credit card account. A judgment is a decision made by a court when a bill goes unpaid. If the money you owe is past due, and all other actions by the company to whom you owe the money have been exhausted, the court will make a determination and declare you liable. A judgment can lower your credit score significantly. Furthermore, if you apply for credit in the future, the creditor will check your credit report and likely decide not to grant you credit because you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Avoiding Credit Card Fraud]]></title><link>http://www.finweb.com/banking-credit/avoiding-credit-card-fraud.html</link><description><![CDATA[In this age of rampant identity theft, credit card fraud is becoming more and more prevalent. Identity thieves can get access to your credit card information in a variety of high-tech ways. You can help to safeguard your information by following some easy and sensible guidelines. The Do's: Get a post office box and have all of your financial documents &amp;ndash; including credit card bills &amp;ndash; mailed to that address. This will prevent would-be identity thieves from stealing credit cards out of your unsecured mailbox. Shred all credit card applications and financial documents containing personal information with a cross-cut shredder...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Best Small Business Credit Card Options]]></title><link>http://www.finweb.com/banking-credit/the-best-small-business-credit-card-options.html</link><description><![CDATA[If you own and operate a small business, you may benefit by searching for the best small business credit card to meet your needs and provide you with rewards or other great advantages.Improves Your Credit ScoreBusinesses, like people, have credit scores.&amp;nbsp; If you are just starting out or only have a small sole proprietorship, your business credit score may simply be your personal credit score.&amp;nbsp; Make sure you pay off any outstanding debt and pay your bills on time to get the best credit offers for your business. Once you attain the right card for you, your score will improve...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The 4 Most Common Credit Card Special Offers]]></title><link>http://www.finweb.com/banking-credit/the-4-most-common-credit-card-special-offers.html</link><description><![CDATA[Credit card special offers put the power of a competitive marketplace to work for you. If you use credit cards, careful attention to the top offers can give you an effective financial tool. Following are four of the top credit card special offers along with how they can benefit you and things to watch out for.1. Low or No Interest Credit CardsMany mailers you receive feature a blaring headline trumpeting low or even no interest credit cards. This can, in effect, give you interest-free borrowing and can provide significant savings if used well.These credit card special offers typically include balance...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Holidays and Credit (unfortunately) go Hand-in-Hand]]></title><link>http://www.finweb.com/banking-credit/holidays-and-credit-unfortunately-go-hand-in-hand.html</link><description><![CDATA[If you think that you've been bombarded with credit offers during the course of the year, just wait until the holiday season rolls around. In addition to cheer, peace and goodwill toward men, the Holidays typically also bring more offers of credit than at any other time. However, that doesn't mean that they're to your benefit. For example, when you receive a credit card offer in the mail, it often seems tempting, doesn't it? An offer of 0 percent APR for six months, combined with several blank checks which you can use either for purchases or consolidation of other debts...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Fight your Credit Card's High Interest Rate]]></title><link>http://www.finweb.com/banking-credit/fight-your-credit-cards-high-interest-rate.html</link><description><![CDATA[Every day, it seems, we receive a credit card application in the mail offering an introductory interest rate that seems too good to pass up. On the other hand, the credit cards we already have may have started out with a low rate, but within a few months it zoomed up to 20% or more. If your credit card's interest rate is too high for your liking, here are some steps you can take to lower it: Call the credit card company and simply ask to have your card's interest rate lowered. In many cases they will do so, especially...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Universal Default Clause]]></title><link>http://www.finweb.com/banking-credit/the-universal-default-clause.html</link><description><![CDATA[Whether you're buying a car, shopping for insurance or signing a mortgage application, we can all agree there are many documents to read and understand. Sometimes, however, the information is written in such heavy 'legalese' that we must rely on professionals to explain the contents. It's no different with credit card applications. Now, let's be honest here. Do you really read the little booklets sent along with your credit card bill advising that there have been changes made in the interest rates or other conditions? Or, for that matter, do you carefully read the back of the credit card application...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Do's and Don'ts]]></title><link>http://www.finweb.com/banking-credit/credit-card-dos-and-donts.html</link><description><![CDATA[Statistics show that today there is more than $900 billion of debt being carried by consumers. This is mostly due to home foreclosures and homeowners using credit cards to pay for mortgages, food, gas, and other necessities. Debt is a reality in our society, and one of the best ways to decrease this staggering statistic is to understand some basic do's and don'ts where the use of credit cards is concerned. The Do's of owning a credit card: If you're deep in unsecured credit card debt, keep one credit card for emergencies only; cut up the rest. Pay more than...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Best APR Credit Card: Just How Low Is It?]]></title><link>http://www.finweb.com/banking-credit/the-best-apr-credit-card-just-how-low-is-it.html</link><description><![CDATA[Finding the best APR credit card may require you to do some homework, but as with any industry, credit card companies are fiercely competitive and you can find great, low interest rates.&amp;nbsp; Introductory RatesLook for introductory rates as low as 0% interest. If you have more than one 0% offer, choose the one that lasts the longest. Most 0% offers will revert to a standard APR after the introductory period, so be sure you know what the standard rate is as well.Different Rates for Different UsesMost credit cards have one APR for purchases and another for cash advances. Depending on...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Keep your Bills Current]]></title><link>http://www.finweb.com/banking-credit/keep-your-bills-current.html</link><description><![CDATA[If you have a credit card, you may have noticed that from time to time you receive a tiny booklet delineating either rising interest rates or changes to the terms of payment. It's important to read this information carefully, as you may find that if you do not pay off your bills on time you may incur more than just a late fee. For example, here's a typical example credit card policy: &amp;quot;The APR is 8.99%. Your APR may be higher. We will set your initial APR between 8.99% and 24.99% based on creditworthiness. We reserve the right to change...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Top 0% Credit Card Balance Transfer Offers]]></title><link>http://www.finweb.com/banking-credit/the-top-0-credit-card-balance-transfer-offers.html</link><description><![CDATA[The top 0% credit card balance transfer offers share certain terms and conditions that are beneficial to you and should be not dismissed . Transferring a balance to a card with this offer can save you a great deal of money.Benefits of Balance TransferBy transferring an existing balance on a credit card with higher interest to a credit card with no interest, you are creating an interest free loan for yourself. You save an amount equal to your current interest cost. This makes zero percent credit card balance transfer offers a great way to get out of high-interest credit card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Are Cash Back Credit Card Offers Really Worth It?]]></title><link>http://www.finweb.com/banking-credit/are-cash-back-credit-card-offers-really-worth-it.html</link><description><![CDATA[Cash back credit card offers can put significant dollars back in your pocket, but whether these cards are worthwhile for you will depend on the terms of the cards and how you manage your use of them.Paying Off MonthlyRegardless of the terms of cash back credit card offers you receive, if you are not the type of credit card user who can pay off monthly balances in full, the card will not be worth it for you.The typical credit card charges no interest if you pay your balance off each month. The cash back card returns to you a given...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Constitutes The Best Cash Back Credit Card Plan]]></title><link>http://www.finweb.com/banking-credit/what-constitutes-the-best-cash-back-credit-card-plan.html</link><description><![CDATA[In order to obtain the best cash back credit card and get the most out of it, read the following information about the great rewards you can receive and what to look for in the card.Cash Back RewardsCredit cards that offer cash back rewards entice their customers by providing a cash bonus (in the form of an annual check or a monthly credit on their credit card statement) for using the card to make purchases.&amp;nbsp; Purchases are typically rewarded at a rate of one or two percent; for example, if you spend $1000 on a purchase, your cash back reward...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[0% Credit Card Offers: Understanding the Fine Print]]></title><link>http://www.finweb.com/banking-credit/0-credit-card-offers-understanding-the-fine-print.html</link><description><![CDATA[A steady stream of 0% credit card offers have likely found their way to your mailbox if you have a decent credit score. These can result in an interest-free loan for you if the offer is right and you use it effectively.Have You Really Qualified?The place to start evaluating the fine print on 0% credit card offers is whether the low interest rate is really being offered to you. Often, in the terms and conditions of the offer you will find the credit card company has reserved the right to issue you a higher interest rate card if, based on...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Don't get into a Credit-Card Crisis]]></title><link>http://www.finweb.com/banking-credit/don-t-get-into-a-credit-card-crisis.html</link><description><![CDATA[It's said that the typical household has an average of eight credit cards. Now, credit cards, when used properly, are an extremely convenient way to pay for everything from monthly bills to a night on the town. They can also be used as an effective budgeting tool. But, when used improperly, they can become a nightmare of spiraling interest and accumulated fees that culminate in the closure of your account, which will start an all-new nightmare of bill collectors' phone calls and a whole new batch of additional fees. How can you keep yourself from living these nightmares? You do...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Best Credit Card Plans For A Balance Transfer]]></title><link>http://www.finweb.com/banking-credit/the-best-credit-card-plans-for-a-balance-transfer.html</link><description><![CDATA[If you are carrying debt on a high interest credit card, obtaining an additional credit card may be the way to resolve your problem, as long as you look for the card with the best credit card balance transfer options.&amp;nbsp; Transferring the balance of your credit debt from a high interest card to one with low or no interest can save you money.Balance Transfer OffersCredit cards use balance transfer offers to entice new customers to apply for a credit card with their company.&amp;nbsp; The transfer offer will either: Offer reduced interest rates on the transferred balance for a specified period...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Combating Credit Card Fraud]]></title><link>http://www.finweb.com/banking-credit/combating-credit-card-fraud.html</link><description><![CDATA[With the proliferation of credit cards and the explosion of Internet commerce, it stands to reason that the crime of credit card fraud would also increase accordingly. Information thieves have gone high-tech and are very good at what they do, so you must take every precaution to ensure that your cards and personal information are properly safeguarded. Here are some steps that you can take &amp;ndash; both online and offline &amp;ndash; to limit your risk of being victimized by credit card fraud: Online Don't purchase anything online unless you're comfortable with the seller's legitimacy. If necessary, call them first to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Credit Card Finance Charges are Calculated]]></title><link>http://www.finweb.com/banking-credit/how-credit-card-finance-charges-are-calculated.html</link><description><![CDATA[ Interest rates and the method by which finance charges are calculated vary from one credit card company to another. Fortunately, they must by law disclose the interest rate that they charge as well as the method which they use to calculate the charges that are added to your account. Generally speaking, credit card companies charge relatively high rates of interest on unpaid balances. Some calculate interest with a fixed rate that rarely changes. Others charge variable interest rates on their balances, usually equal to the prime rate (the interest rate that commercial banks charge their most creditworthy borrowers) plus...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Find the Best Credit Card for You]]></title><link>http://www.finweb.com/banking-credit/best-credit-card-for-you.html</link><description><![CDATA[There are more than 1,500 credit cards available in the UK. Finding the best credit card can seem difficult - but in this guide we will show you how to make it much easier to find the right credit card for you.The secret is to understand how you will use the card - and be honest with yourself, too, as choosing the wrong card will probably cost you money.How Will You Use Your Credit Card?The first step is to work out exactly how you will use your card. Here are a few things to consider: Will you pay your bill...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Different Types of Credit Cards]]></title><link>http://www.finweb.com/banking-credit/the-different-types-of-credit-cards.html</link><description><![CDATA[There are three general types of credit cards: bank cards, travel and entertainment cards, and merchant cards. Each type has its own special uses and credit characteristics. Examine your options and carefully comparison-shop before you select a credit card. All cards are not all created equally, and choosing with knowledge and prudence can save a significant amount of money in fees and interest rates over the long term.Bank CardsCredit cards of this type (e.g., Visa and MasterCard) are issued only by banks, savings and loans, and credit unions.&amp;nbsp;These cards give merchants the opportunity to sell their goods and services on...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Balance Transfers]]></title><link>http://www.finweb.com/banking-credit/credit-card-balance-transfers.html</link><description><![CDATA[Credit card companies heavily promote balance transfers in their advertising and direct-marketing offers. But make no mistake; even though the companies use phrases like &amp;quot;pay off your other cards&amp;quot; in their promotions, transferring credit card balances is not the same thing as paying off your credit card debts. However, a well-researched balance transfer can reduce your money payments, in some cases substantially. The key is doing your homework. For instance, by switching your $2,500 balance from credit card A that has a high interest rate to credit card B which has a low rate, you could possibly save hundreds of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Origin and History of Credit Cards]]></title><link>http://www.finweb.com/banking-credit/origin-and-history-of-credit-cards.html</link><description><![CDATA[Credit cards got their start in the United States just before the beginning of World War I. Department stores began the practice of issuing dog-tag style metal plates to their favorite customers. By 1924 gas credit cards appeared on the scene, the first cards that could be used at merchants all over the country. This was an important advance, because as automobiles became more common so did traveling, and a gas card that was not accepted away from home had limited value. Indeed, the increasing mobility of the average person is one very important reason that credit cards have exploded...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Bad-Credit Credit Cards - Compare and find Information]]></title><link>http://www.finweb.com/banking-credit/bad-credit-credit-cards.html</link><description><![CDATA[With the buy-now-pay-later mentality of today&amp;rsquo;s society, many people have fallen into the trap of bad credit. Because of the vastness of this group of prospective customers, it&amp;rsquo;s no wonder that most lenders now have programs in place for people with credit trouble. Because of the potential for higher interest rates, fees, and therefore profits, they view this as a very lucrative area of business to tap into. Consequently, bad-credit credit cards have become much more widely available. Of course, these cards serve a very important purpose. Without a credit card, it&amp;rsquo;s almost impossible to rent a car or book...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[They Want Your Children!]]></title><link>http://www.finweb.com/banking-credit/they-want-your-children.html</link><description><![CDATA[Do you know whom the credit card companies really want to reach? Are you aware of whom they really desire to bring into their fold? Well, if you read the title of this article, you already know. It's your kids, starting with your 12-year-old and up through your college student and young adult. But why would credit card companies want to reach kids when they could focus exclusively on wage-earning adults? It's actually quite simple. The credit card professionals know that children are vulnerable, that they're usually short on cash, and that they're fairly easy to snare into the minimum-payment...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Open-End Credit Accounts]]></title><link>http://www.finweb.com/banking-credit/open-end-credit-accounts.html</link><description><![CDATA[An open-ended credit account, also known as a revolving account, is a credit plan in which the creditor has a reasonable expectation of repeated transactions, stipulates the terms of those transactions, and provides for a finance charge that may be computed periodically on any outstanding balance. Credit cards and lines-of-credit are examples of open-end accounts. In actuality, a credit card is simply a loan from a lending institution (the issuing company) that pays the merchant when it receives a loan document (a credit card receipt) from the merchant. The lending institution then sends the cardholder an invoice. Before opening any...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA['Know' Your Credit Cards]]></title><link>http://www.finweb.com/banking-credit/know-your-credit-cards.html</link><description><![CDATA[Credit cards are a common part of daily life for most people. With two, three or more cards in their wallet, it's easy to treat them like plastic cash. They are, in fact, an entirely different animal. As such, credit cards should be used carefully and responsibly, to avoid tons of potential trouble down the road. How many credit cards do you own? If you're not sure of the number right off the top of your head, it's likely that you have too many. People often mistakenly assume the more credit cards they have the more buying power they possess....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Teaching Your Children about Credit Cards]]></title><link>http://www.finweb.com/banking-credit/teaching-your-children-about-credit-cards.html</link><description><![CDATA[Teaching your kids about money is important. It may start with a few dollars in allowance for a couple of household chores. Over time, the allowance and responsibilities will grow. You might give them tougher jobs and expect them to do them on their own in order to earn their money. Eventually, however, things will move beyond them having just a few dollars. The real financial world is not just about cash in hand, but also concerns the world of credit. Many parents don&amp;rsquo;t think that their kids need to know about credit cards, yet. But, let's take a closer...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Q&amp;A]]></title><link>http://www.finweb.com/banking-credit/credit-card-q-a.html</link><description><![CDATA[Q: How many different kinds of credit cards are there? A: There are three basic types of credit cards, each with its own special credit characteristics and uses. The bankcards, Visa and MasterCard, are the most common and widely recognized, and are issued only by banks, savings and loans, and credit unions. They give merchants the opportunity to sell their goods and services on credit. The card-issuing bank pays the merchant for its merchandise, less a nominal service charge. The advantages to the merchant are that they avoid financing their accounts receivable, and they assume no credit risk or credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Use High-Interest Credit Cards Wisely]]></title><link>http://www.finweb.com/banking-credit/use-high-interest-credit-cards-wisely.html</link><description><![CDATA[Let's face it, not all credit histories are stellar. Unfortunately, bad credit happens. It could result from mistakes you made when you were younger and didn&amp;rsquo;t understand the responsibilities and repercussions of credit, or from unexpected expenses that quickly got out of hand. Regardless of the reason, you may now be trying to rebuild your credit but finding it to be a rather difficult task. Once your credit has gone south, many financial institutions will be quite hesitant to grant you a new line of credit. To them, you're now considered a high risk. The only way to change this...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Do You Need a Business Credit Card?]]></title><link>http://www.finweb.com/banking-credit/do-you-need-a-business-credit-card.html</link><description><![CDATA[If you're a business owner whose company has been around for more than a month or two, you've probably at least considered how a business credit card would impact your organization. Perhaps you run your business from the comfy surroundings of your home, or you may have an office and employ several workers. Whatever your circumstance, the fact is that if you're a small operation a business credit card can actually take your company to &amp;quot;the next level&amp;quot;, literally as well as figuratively. Having a credit card in the name of your business lends a kind of perceived legitimacy to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Some Credit Card Facts you should know]]></title><link>http://www.finweb.com/banking-credit/some-credit-card-facts-you-should-know.html</link><description><![CDATA[(But they don't really want you to be aware of!)Have you gotten any credit card offers in the mail recently? Yes, it's probably a silly question. For many people, it's advanced to the point where it's unusual if they don't receive at least one &amp;quot;pre-approved&amp;quot; offer a day. And they're all very eager to let you know how much they think of you and how good their particular offer his. Some even go so far as to congratulate you for being selected to apply for their card &amp;ndash; not &amp;quot;approved&amp;quot; for; apply for! So, if you're considering taking any of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Using a Credit Card to Organize Your Business]]></title><link>http://www.finweb.com/banking-credit/using-a-credit-card-to-organize-your-business.html</link><description><![CDATA[If you're a small business owner, there's always something that needs to be done and you are often the only person available to do it. From delivering your product to customer service and even the paperwork behind the scenes, you're responsible for all the steps that have to be taken to get your business from point A to point B. Imagine being able to add a couple of shortcuts to the paperwork side of things. That would give you more time to focus on the part of the business that you love, and less on mundane, behind-the-scenes items that need...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Business Credit Cards - Compare Credit Card Offers]]></title><link>http://www.finweb.com/banking-credit/business-credit-cards.html</link><description><![CDATA[Business credit cards are not just for large, well-established companies. Small and intermediate-sized operations also benefit from the many advantages that company credit cards can bring. In fact, considering today's &amp;quot;monthly-cash-flow&amp;quot; life- and business cycles, most organizations cannot &amp;ndash; or simply will not &amp;ndash; manage without them. From simplifying bookkeeping to limiting and tracking monthly operational expenditures, credit cards can be invaluable for a host of business purposes. In addition to such practical aspects, the ownership and use of business credit cards also helps smaller operations to project an air of legitimacy and credibility. Not only is this perception manifested...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Basics]]></title><link>http://www.finweb.com/banking-credit/credit-card-basics.html</link><description><![CDATA[Credit cards are often given a bad rap. If you look at financial articles about them, many recommend against using credit cards at all. They discuss the debt that you'll 'inevitably' create by using the cards, saying that you'd be better off paying for everything in cash so you won't lose control of your financial situation from the accumulation of credit card debt. Well, those notions may be true, but they're only part of the whole story. You must come to the realization that credit cards are not the enemy. In a way it's akin to the old 'guns don&amp;rsquo;t...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Know how to Handle Credit Card Problems]]></title><link>http://www.finweb.com/banking-credit/know-how-to-handle-credit-card-problems.html</link><description><![CDATA[When you've been approved for and issued a credit card, you become responsible for the purchases made with it and the payment for those purchases. If there are other authorized users of your account, you're financially responsible for payment of any charges that they make as well. The person who is the originator of the credit application is the one from whom the credit card company will seek to collect payments. The application's originator is also the one whose credit report will reflect balance information and payment history. There are a number of problems that can arise from having and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Should You Pay for Home Improvement with Your Credit Card?]]></title><link>http://www.finweb.com/banking-credit/should-you-pay-for-home-improvement-with-your-credit-card.html</link><description><![CDATA[Paying for home improvement using a credit card may see like a bad idea, especially since the financial crisis of 2008 made everyone more aware of the risks of carrying too much credit debt. If you have an emergency (your roof caves in, your plumbing is leaking) a credit card may be your only short-term solution to getting the problem fixed right away, especially if you are strapped for cash. However, if you are making extensive home improvements that will increase the value of your property, a credit card might not be the best way to fund your improvements.Making home...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Credit Cards]]></title><link>http://www.finweb.com/banking-credit/credit-cards.html</link><description><![CDATA[Credit cards can be a wonderful convenience when used properly. However, if abused, they can turn into an extremely long-lasting nightmare. They're obtainable in a variety of types, each suited to a specific purpose. Some cards come with perks and bonuses; others only offer high fees. There are cards available for those with good credit, and cards for people who have bad- or even no credit. Credit cards can build, destroy, and even help build again your credit history. Because they're so easy to get, it's important that credit cards be used both sparingly and wisely. You'll find valuable information...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Should I Get A &quot;Free&quot; Business Credit Card?]]></title><link>http://www.finweb.com/banking-credit/should-i-get-a-free-business-credit-card.html</link><description><![CDATA[Predatory lenders use incentives like free business credit cards to lure new business owners into a cycle of debt. As soon as you register your new business name and open accounts, lenders will find you. New businesses need capital, and these offers are tempting. Think carefully before activating a card, though, because there are many signs pointing to hazards.Credit Cards Are Never FreeYou learned this lesson when you opened your first personal credit card, and the same thing applied with business credit cards. You are charged interest every time you use your card. When offers come from companies you do...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[How Bureaus Calculate Your Credit Score]]></title><link>http://www.finweb.com/banking-credit/how-bureaus-calculate-your-credit-score.html</link><description><![CDATA[There are three bureaus responsible for calculating your credit score. These bureaus, Experian, TransUnion and Equifax, are nationally recognized. When a creditor runs a credit check, he or she is looking at your score with one or all of these bureaus. Similarly, when a creditor reports you for a credit problem, this is where the report will be sent. The process for calculating a score is very complicated, but there are some basic factors used by all bureaus that are easy to understand. Length of Credit History If you have never taken a loan, you will not have any credit....]]></description><pubDate>April  6, 2011  8:06 PM</pubDate></item><item><title><![CDATA[Using and Managing Your Small Business Credit Report]]></title><link>http://www.finweb.com/banking-credit/using-and-managing-your-small-business-credit-report.html</link><description><![CDATA[ Many business owners make the mistake of ignoring their small business credit report. It is easy to forget that your business, just like any person, is a financial entity with a record of taking and repaying debt. From the time you open your business, it is important to build and monitor your business credit. Once you have established good credit as a company, your financial options will expand in the future. Getting your Report The first step to managing your credit is to know where to find it. While each person can check his or her credit for free...]]></description><pubDate>March 25, 2011  4:00 AM</pubDate></item><item><title><![CDATA[How a Write Off Affects Your Credit]]></title><link>http://www.finweb.com/banking-credit/how-a-write-off-affects-your-credit.html</link><description><![CDATA[ A credit write off is not something that reflects positively on your credit report. You receive a credit write off on your credit report when you have defaulted on a secured or unsecured debt. This can be anything from a credit card defaulting or a foreclosure on your home. Unfortunately for you, this is one of the worst things to have representing you and it is very hard to get past. Below is a little insight on what exactly a credit write off means on your report. How Credit Write Off Affects You Financially A credit write off reflects...]]></description><pubDate>February 11, 2011  4:31 AM</pubDate></item><item><title><![CDATA[The Hard Inquiry Guide]]></title><link>http://www.finweb.com/banking-credit/the-hard-inquiry-guide.html</link><description><![CDATA[ A hard inquiry is a type of inquiry on your credit report that could potentially affect your credit score. Your credit score is one of the most important numbers that you have, and keeping it high is critical if you want to save money on interest. A hard inquiry occurs when you apply for credit or some type of loan. Here are the basics of a hard inquiry on your credit report. Hard and Soft Inquiries There are two types of inquiries that can occur on your credit report, both &quot;soft&quot; and &quot;hard&quot; inquiries. A soft inquiry occurs when...]]></description><pubDate>December 22, 2010  4:59 AM</pubDate></item><item><title><![CDATA[Top 3 Steps to Improving Your Paydex Score]]></title><link>http://www.finweb.com/banking-credit/top-3-steps-to-improving-your-paydex-score.html</link><description><![CDATA[ Improving your Paydex score should be one of your top priorities as a business owner. This score can affect your business in a number of ways, and as you improve it, you can save money. Here are some of the top steps to improving your Paydex score. 1. Pay Bills Faster When you receive an invoice from a customer, you need to make sure to pay it immediately. By doing this, you will never have to worry about late payments. You do not want to have a company post your payment late, as it will bring down your Paydex...]]></description><pubDate>September 10, 2010  4:10 AM</pubDate></item><item><title><![CDATA[How to Clean Up Your Credit Report]]></title><link>http://www.finweb.com/banking-credit/how-to-clean-up-your-credit-report.html</link><description><![CDATA[ If you have ever found yourself denied for credit, you may need to clean your credit report. Credit reports track your credit history, both positive and negative. It is important that your report reflect accurate information. The process to cleaning your credit report requires several steps and depending on the situation, you may need to investigate further to have entries corrected or improved. Accessing Your Reports The first step in cleaning your credit report is to request copies from the credit bureaus. The three credit bureaus are TransUnion, Equifax and Experian. It is important to get all three reports...]]></description><pubDate>August 30, 2010  6:07 PM</pubDate></item><item><title><![CDATA[Remove Judgements from a Credit Report]]></title><link>http://www.finweb.com/banking-credit/remove-judgements-from-a-credit-report.html</link><description><![CDATA[ Learning how to remove judgements from your credit report can be extremely beneficial when it comes to repairing your credit. Judgements on your credit report can make it next to impossible for you to receive financing in the future. Here are the basics of how to remove judgements from your credit report. Judgements Judgements can be very damaging to a credit report. Your credit report has a section that is devoted to judgements from accounts that you have had in the past. For example, if a company had to take you to court in order to get you to...]]></description><pubDate>August 12, 2010  4:09 AM</pubDate></item><item><title><![CDATA[Should You Freeze Your Credit Report?]]></title><link>http://www.finweb.com/banking-credit/should-you-freeze-your-credit-report.html</link><description><![CDATA[ A consumer can freeze a credit report if they are a victim of identity theft or credit fraud. It can also be frozen if someone suspects their personal information will be used for a crime. Identity theft and credit fraud are when a person uses someone's personal, or identifying, information to commit fraud. Identity Theft and Credit Fraud&amp;nbsp;Personal Personal and identifying information can include your social security number, credit card account numbers, banking account numbers, online user names, passwords and patient records. A person commits the crime of&amp;nbsp; fraud when they use that information to open new credit accounts,...]]></description><pubDate>August 12, 2010  4:07 AM</pubDate></item><item><title><![CDATA[How to Remove Incorrect Information from Your Credit Report]]></title><link>http://www.finweb.com/banking-credit/how-to-remove-incorrect-information-from-your-credit-report.html</link><description><![CDATA[ In order to remove credit report mistakes, there are a number of steps that you will need to complete. Your credit report is one of the most important things that you have in your financial life. You need to make sure that it is accurate so that you will be able to get the best rates on loans. Here are a few things to consider about how to remove incorrect information from your credit report. Get a Copy The first thing that you are going to need to do is get a copy of your credit report. You are...]]></description><pubDate>August 12, 2010  4:04 AM</pubDate></item><item><title><![CDATA[Your Business Credit Score]]></title><link>http://www.finweb.com/banking-credit/your-business-credit-score.html</link><description><![CDATA[ Your business credit score is one of the most important things that your business has. Your business credit score is going to affect many different aspects of your business as a whole. Here are a few things to consider about your business credit score and the importance of establishing a good one. Business Credit Score The basic idea behind a business credit score is the same as a personal credit score. A credit bureau will monitor the actions of the business and then utilize a formula in order to come up with a credit score for them. In the...]]></description><pubDate>August 12, 2010  4:02 AM</pubDate></item><item><title><![CDATA[Commercial Credit Reports and Your Business Growth]]></title><link>http://www.finweb.com/banking-credit/commercial-credit-reports-and-your-business-growth.html</link><description><![CDATA[ Commercial credit reports are something that every business owner should look at from time to time. If you want your business to grow, you are going to have to be aware of what your commercial credit report is and how you can improve it. Here are the basics of commercial credit reports and how they relate to your business growth. Commercial Credit Report A commercial credit report is a report that is generated by a commercial credit bureau. It is very similar to a personal credit report. The credit report is going to have information about your business dealings...]]></description><pubDate>August 11, 2010  4:09 AM</pubDate></item><item><title><![CDATA[How to Read a Business Credit Report]]></title><link>http://www.finweb.com/banking-credit/how-to-read-a-business-credit-report.html</link><description><![CDATA[ It is important to know how to read a business credit report if you are going to grant credit to a customer or are considering a partnership with a new supplier. Generally speaking, a business credit report provides information on the credit history of a company including past bills, late payments, and other financial responsibilities. Credit Risk Rating Perhaps the most important part of a business credit report is the credit risk rating. This is a rating system that is meant to help you gauge the potential risk of late payments. Ratings are generally based on what the company...]]></description><pubDate>August 11, 2010  4:07 AM</pubDate></item><item><title><![CDATA[What is Included in a Business Credit Report?]]></title><link>http://www.finweb.com/banking-credit/what-is-included-in-a-business-credit-report.html</link><description><![CDATA[ A business credit report can provide the legal, credit and financial history of a company or organization. This data can reflect the operation or management of a business. Creditors and investors review details in a business credit report to determine the degree of lending risk associated with a company. The use of business credit reports can help an organization in many ways. What's In the Report? Business credit reports are sold by credit reporting agencies (CRAs). Examples of credit reporting agencies include Dun &amp;amp; Bradstreet, Experian, Equifax and Trans Union. These companies specialize in gathering credit information on firms...]]></description><pubDate>August 10, 2010  4:10 AM</pubDate></item><item><title><![CDATA[How to Get a Free Business Credit Report]]></title><link>http://www.finweb.com/banking-credit/how-to-get-a-free-business-credit-report.html</link><description><![CDATA[ If you are a business owner, you may be able to obtain a free business credit report. A business credit report tracks your business's use of credit. In addition, the business credit report is what lenders use to determine your risk level when extending credit to you. Just as individuals need to with personal credit reports, business owners need to monitor their business credit reports for errors and inaccurate reporting. Obtaining a Report Under federal law, if you apply for credit as a business and are denied, you are eligible to receive a free copy of your credit report...]]></description><pubDate>August 10, 2010  4:08 AM</pubDate></item><item><title><![CDATA[Benefits of Checking Your Credit Report Regularly]]></title><link>http://www.finweb.com/banking-credit/benefits-of-checking-your-credit-report-regularly.html</link><description><![CDATA[ It doesn't matter if you have 10 credit cards or 2, you should be checking your credit report regularly. There are many benefits to checking this report. Benefits Finding mistakes that have been sent to your credit report Making sure that the information on the report is not outdated To insure that nobody is using your identity. You can tell if someone is using your identity by actually reading your credit report. If you see any open accounts that you did not open, this is cause for alarm. Assuring that there are no mistakes on your credit report can...]]></description><pubDate>August 10, 2010  4:05 AM</pubDate></item><item><title><![CDATA[Credit Monitoring: Advantages and Disadvantages]]></title><link>http://www.finweb.com/banking-credit/credit-monitoring-advantages-and-disadvantages.html</link><description><![CDATA[ Credit monitoring is an act that many individuals regularly engage in, in order to improve their credit scores. Here are some of the advantages and disadvantages of credit monitoring. Advantages One of the big advantages of credit monitoring is that you can help prevent identity theft. By looking at your credit reports, you are going to be able to tell if someone is trying to access your credit. If you see accounts that are open that you did not have anything to do with, you know that someone else is opening them. Another good reason to monitor your credit...]]></description><pubDate>August  9, 2010  4:09 AM</pubDate></item><item><title><![CDATA[How Small Business Credit Reports Impact Your Company's Fundability]]></title><link>http://www.finweb.com/banking-credit/how-small-business-credit-reports-impact-your-companys-fundability.html</link><description><![CDATA[ Small business credit reports provide information related to a company's credit history. This information is used by lenders to determine your creditworthiness. Report Details Credit reports contain important details related to a small business's financial background. This can include active loans and amounts due, payment histories, recent loan applications, credit report inquiries, credit scores, liens, judgments and bankruptcies. This information is collected and furnished by credit reporting agencies like Dun &amp;amp; Bradstreet, Experian, Equifax, and TransUnion. Importance of Credit Reports Credit reports are important to a small business because they can determine whether it qualifies for a loan or...]]></description><pubDate>August  9, 2010  4:07 AM</pubDate></item><item><title><![CDATA[Who Has Access to Your Credit Report?]]></title><link>http://www.finweb.com/banking-credit/who-has-access-to-your-credit-report.html</link><description><![CDATA[ Anyone with a legitimate business need can access your credit report. A legitimate business need can apply to organizations that need to research your credit history in order to extend credit privileges. Other entities may access your credit report only with your permission. Accessing Without Permission Companies whose regular practice involves researching potential and existing client's credit history for approval and review processes are allowed to access credit reports without your permission. Credit reports are obtained from consumer credit reporting agencies like Experian, Equifax and Trans Union. These companies are required to obey the federal Fair Credit Reporting Act...]]></description><pubDate>August  9, 2010  4:04 AM</pubDate></item><item><title><![CDATA[What Is a Credit Card Charge Off?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-credit-card-charge-off.html</link><description><![CDATA[ A credit card charge off occurs when you fail to make regular payments to your credit card company. The credit card company then writes off the outstanding balance to remove it from its accounting ledger and may sell or transfer the debt to a collection agency.Charge Offs Happen when You Stop Making PaymentsMissing one payment, or even two or three payments, to your credit card company will not result in a charge off. Credit card companies do not typically charge off consumer accounts until the consumer either files for bankruptcy or the company is reasonably certain that the individual...]]></description><pubDate>May  5, 2010  4:06 AM</pubDate></item><item><title><![CDATA[How Do Charge Cards Affect Your Credit Score?]]></title><link>http://www.finweb.com/banking-credit/how-do-charge-cards-affect-your-credit-score.html</link><description><![CDATA[ Using a charge card can provide you with a number of benefits as a consumer. Many people wonder whether using a charge card will affect their credit scores. Here are the basics of the impact of a charge card on a credit score. High Balances With a credit card, having a high balance on your card can significantly impact your credit score. However, with a charge card, this is not the case. When a lender is evaluating your debt ratio, they will not use charge card balances in the equation. Payment History Even though the card balance does not...]]></description><pubDate>May  4, 2010  4:37 AM</pubDate></item><item><title><![CDATA[Credit Rescore for Improved FICO Scores]]></title><link>http://www.finweb.com/banking-credit/credit-rescore-for-improved-fico-scores.html</link><description><![CDATA[ The credit rescore process can provide you with a way to improve your FICO score quickly and easily. Many people are not familiar with how this process works. Here are a few things to consider about the credit rescoring process. Credit Rescore There are a number of different companies out there that specialize in credit rescoring. This process is also sometimes referred to as rapid rescoring. These companies have special relationships with the credit bureaus that come up with your credit score. They can review your credit report and work with the credit bureaus to fix certain issues with...]]></description><pubDate>April 29, 2010  5:30 AM</pubDate></item><item><title><![CDATA[Rapid Rescore Explained]]></title><link>http://www.finweb.com/banking-credit/rapid-rescore-explained.html</link><description><![CDATA[ If you need help raising your credit score, a rapid rescore service might be able to help you accomplish this. The rapid rescore is a relatively new service that is offered to individuals that need help with their credit scores. Here are the basics of the rapid rescore and how it works. Rapid Rescore There are many different companies that offer the rapid rescoring process. In fact, according to recent estimates, there are over 200 companies in the industry with the ability to perform a rapid rescore. These companies have agreements with the three major credit bureaus in order...]]></description><pubDate>April 29, 2010  5:28 AM</pubDate></item><item><title><![CDATA[Improve Your Credit Score with a Rapid Rescore]]></title><link>http://www.finweb.com/banking-credit/improve-your-credit-score-with-a-rapid-rescore.html</link><description><![CDATA[ A rapid rescore is a tool that is used in order to quickly update your credit score. In many cases, individuals can quickly increase their credit score with the use of this method. Here are the basics of the rapid rescore and how it works. Rapid Rescore A rapid rescore is a process that will allow you to quickly change something on your credit report. Traditionally, if you notice something on your credit report such as a late payment, it could take months for it to be corrected. In most cases, you will have to wait at least 90...]]></description><pubDate>April 29, 2010  5:26 AM</pubDate></item><item><title><![CDATA[How to Remove a Charge off from Your Credit Report]]></title><link>http://www.finweb.com/banking-credit/how-to-remove-a-charge-off-from-your-credit-report.html</link><description><![CDATA[ A charge off on your credit report can be very detrimental to you in the long run. It can affect your chances of acquiring credit in the future and lower your credit score. Here are the basics of charge offs and how to remove them from your credit report. What Is a Charge off? Although it sounds like a company is eliminating your debt for you, this is hardly the case. You still owe the money, but they are taking it off their accounts receivables. When a company conducts a charge off, they will report this to the credit...]]></description><pubDate>April 29, 2010  4:56 AM</pubDate></item><item><title><![CDATA[How to Remove a Late Payment from Your Credit Report]]></title><link>http://www.finweb.com/banking-credit/how-to-remove-a-late-payment-from-your-credit-report.html</link><description><![CDATA[ Having a late payment on your credit report can be devastating to your credit score. If you try to get credit in the future, late payments can be very detrimental to the process. Here are the basics of how to remove a late payment from your credit report. Why Remove It? If you have a late payment on your credit report, you may be wondering why it is so important to get it removed. After all, it is only one late payment. According to credit experts, if you have a late payment of over 90 days, this can be...]]></description><pubDate>April 29, 2010  4:54 AM</pubDate></item><item><title><![CDATA[Getting Your Free Credit Report]]></title><link>http://www.finweb.com/banking-credit/getting-your-free-credit-report.html</link><description><![CDATA[ The U.S. Federal Trade Commission has warned consumers about getting free credit reports from websites that promise people can obtain their credit scores without charges. These websites could be impostors and eventually collects fees after the trial sign-up period has expired. To help consumers avoid this fraud, the government has advised them to obtain their free credit reports only through annualcreditreport.com. This website is the only online channel and service officially mandated by the government to help consumers acquire credit monitoring reports without any fee.Ways to Order a Free Credit ReportAs a consumer, you are entitled to get a...]]></description><pubDate>April 29, 2010  4:41 AM</pubDate></item><item><title><![CDATA[How to Read Your Credit Report]]></title><link>http://www.finweb.com/banking-credit/how-to-read-your-credit-report.html</link><description><![CDATA[ Understanding how to read your credit report is necessary to insure there are no errors and to be sure that your financial history is accurate. Creditors report your payment history and inquiries to one or all of the three credit reporting bureaus: Transunion, Equifax and Experian. It is important to monitor all three bureaus since the information can be dramatically different from one to the next. Personal Information The first section on your credit report is identifying information. This will list your name, social security number, address and employers. If you changed your name, you need to notify all...]]></description><pubDate>February  9, 2010  5:09 PM</pubDate></item><item><title><![CDATA[Building a Credit Bureau Score for Your Business]]></title><link>http://www.finweb.com/banking-credit/how-to-establish-business-report-at-credit-bureaus.html</link><description><![CDATA[ If you are starting a business, take steps to establish and build a score with the credit bureaus. Establish Business Entity Many people run their businesses as sole proprietorships. However, if you want to establish business credit that is separate from your personal credit score, then you will first need to set up a business entity. You could do so in a number of ways, including setting up a corporation or LLC. Once you have an entity set up, you will have a unique tax ID number that will be used to track your business dealings. Open and Use...]]></description><pubDate>December 29, 2009  3:44 PM</pubDate></item><item><title><![CDATA[Writing An Effective Credit Bureau Dispute Letter]]></title><link>http://www.finweb.com/banking-credit/writing-an-effective-credit-bureau-dispute-letter.html</link><description><![CDATA[ Writing a credit bureau dispute letter&amp;nbsp;is something that more and more people need to do these days. With so much information floating around it is easy for something to appear erroneously on your credit report. When you find information that is not true about you in your credit file, you need to do everything that you can to remove it from the report. This will help your credit score and save you money in the future. Here are a few things to help you write an effective credit bureau dispute letter.&amp;nbsp; Locate All Errors The first thing that you...]]></description><pubDate>December 29, 2009  3:40 PM</pubDate></item><item><title><![CDATA[Where Did The Three Major Credit Bureaus Come From?]]></title><link>http://www.finweb.com/banking-credit/where-did-the-three-major-credit-bureaus-come-from.html</link><description><![CDATA[ A credit reporting bureau is a company that keeps track of people&amp;#8217;s credit history. There are three major credit bureaus that are used when anyone is evaluating credit. Our bureaus were established because people were taking advantage of credit providers. They would default and move away to take advantage of someone else. A system of keeping track of people&amp;#8217;s ability to pay and their reliability of paying was thus established nationwide. The advent of credit cards became popular in the late 1970&amp;#8217;s and lender loss was becoming common. High risk borrowers were ruining credit for lower risk borrowers because...]]></description><pubDate>November  5, 2009  3:33 PM</pubDate></item><item><title><![CDATA[What Is The New Or Alternative Credit Bureau?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-new-or-alternative-credit-bureau.html</link><description><![CDATA[ There are no new credit bureau or alternative credit reporting bureaus in the United States.&amp;nbsp;Lenders and other businesses that rely on the extension of credit to consumers use the 3 major credit bureaus for consumer credit information.&amp;nbsp;These bureaus are Experian, TransUnion and Equifax. &amp;nbsp; Fair Credit Reporting Act The Fair Credit Reporting Act (FCRA) of 1970 was a law that was enacted in the United States.&amp;nbsp; It regulates the collection, distribution and use of consumer credit information. The FCRA provides consumers with protection against abuse or fraudulent use of personal credit information.&amp;nbsp; The law is administered by the Federal...]]></description><pubDate>October 24, 2009  3:44 PM</pubDate></item><item><title><![CDATA[The Globalized Credit Bureau System]]></title><link>http://www.finweb.com/banking-credit/the-globalized-credit-bureau-system.html</link><description><![CDATA[ In order to deal with the global marketplace, it is necessary to have a global credit bureau system. There are several international credit rating agencies that provide information. If a company has a history of paying their bills on time, then the likelihood of an overseas company doing business with them will increase. The credit score rating system is not the same for businesses and it differs from the United States credit reporting system. Global Credit Services Inc. Global Credit Services Inc is a global risk management company. They report to companies and lenders the probability of that company&amp;rsquo;s...]]></description><pubDate>October 24, 2009  3:44 PM</pubDate></item><item><title><![CDATA[When Do Credit Bureaus Receive Company Reports?]]></title><link>http://www.finweb.com/banking-credit/when-do-credit-bureaus-receive-company-reports.html</link><description><![CDATA[ Knowing the day that your creditor reports to the credit bureau can be very important. The exact date will vary from company to company. When you schedule your budgets and payments, it is important to make a note of the notification date to avoid a late payment history. The Company Reporting If your credit card company reports to a credit bureau company on the twenty eighth of each month, have your payment deadlines switched to the twenty ninth of each month. This can avoid late payment reports. Although this is not a proven method, it will reduce the chances...]]></description><pubDate>October 24, 2009  3:43 PM</pubDate></item><item><title><![CDATA[Is A Single National Credit Bureau Foreseeable?]]></title><link>http://www.finweb.com/banking-credit/is-a-single-national-credit-bureau-foreseeable.html</link><description><![CDATA[ A single national credit bureau is not anywhere in the immediate future in the financial world. There are well over one thousand national credit bureaus, but the three major credit bureaus are Experian, Trans Union and Equifax. These three agencies are where most companies acquire their data from when looking to obtain information on an individual. Different companies also are looking for different information from these agencies such as for mortgages, car loans or utility payments. Mortgage Companies Mortgage companies are reviewing your mortgage history closely. The number of late payments on your report will affect your chance to...]]></description><pubDate>October 24, 2009  3:42 PM</pubDate></item><item><title><![CDATA[The Breakdown Of Credit Bureau Rating Formulas]]></title><link>http://www.finweb.com/banking-credit/the-breakdown-of-credit-bureau-rating-formulas.html</link><description><![CDATA[ Your credit bureau rating, which is your Fair Isaacs Corporation (FICO) score, is made up of several components.&amp;nbsp;The components that make up your credit bureau rating includes payment history, amounts owed, the length of credit history, new lines of credit and the types of credit used. Each of these components make up the following percentages of your FICO score:&amp;nbsp;payment history is 35 percent of the score; amounts owed are 30 percent; length of credit history is 15 percent; new credit 10 percent; and, types of credit are 10 percent of the score. Payment History Your payment history is comprised...]]></description><pubDate>October 24, 2009  3:41 PM</pubDate></item><item><title><![CDATA[Credit Bureau Contact Info For Different Scenarios]]></title><link>http://www.finweb.com/banking-credit/credit-bureau-contact-info-for-different-scenarios.html</link><description><![CDATA[ Gathering credit bureau contact information can be challenging. They all seem to have different phone numbers and addresses for different situations. On top of that, you have to gather information for three separate bureaus. Keep this information handy in case you ever have a need for contacting the credit bureaus. Experian If you need to simply order a credit report, you can contact the Experian Credit Report Phone Number at 888-397-3742. This is an automated system, so you will need to have all your information available when you call. If you need to dispute an item, you will need...]]></description><pubDate>October 24, 2009  3:40 PM</pubDate></item><item><title><![CDATA[What Is The Bureau Of Consumer Credit Protection?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-bureau-of-consumer-credit-protection.html</link><description><![CDATA[ The consumer credit bureau is a company that monitors creditors.&amp;nbsp; They work with the consumer credit association to help minimize fraud and educate the public about proper credit score building.&amp;nbsp;It is extremely important to maintain a good credit score because you will need it to purchase homes, cars or to rent a place to live. A key factor in credit is monitoring credit to protect against false claims, identity theft and erroneous payment histories. Be Watchful and Educated A reporting agency can help you with education and guard against identity theft issues. The consumer credit bureau will point you...]]></description><pubDate>October 24, 2009  3:38 PM</pubDate></item><item><title><![CDATA[Do Credit Card Service Bureaus Reduce Fraud?]]></title><link>http://www.finweb.com/banking-credit/do-credit-card-service-bureaus-reduce-fraud.html</link><description><![CDATA[ A credit card service bureau is not in the business of reducing fraud committed by cardholders.&amp;nbsp;This job is typically accomplished by the credit card companies themselves.&amp;nbsp;The credit card companies have fraud detection services in place to protect consumers against theft or fraudulent transactions that take place against their credit card. What is a Credit Bureau? A credit card service bureau is commonly referred to as a credit bureau. The purpose of a credit bureau is to compile information concerning consumer debt.&amp;nbsp;This information forms the basis of an individual&amp;rsquo;s credit score.&amp;nbsp;The credit score is measured by their Fair-Isaacs Corporation or...]]></description><pubDate>October 22, 2009  4:01 PM</pubDate></item><item><title><![CDATA[Credit Protection Service Steps - Just Do It Yourself?]]></title><link>http://www.finweb.com/banking-credit/credit-protection-service-steps---just-do-it-yourself.html</link><description><![CDATA[ There are many websites that offer to provide credit protection services. Deciding to pay the fees associated with using one of these services or doing it yourself depends entirely on you. Your decision should be based on a basic understanding about the types of services provided by credit protection companies and what value the services provide. What are Credit Protection Services? Credit protection services, which are a broad term for consumer credit counseling, provide mediation and resolution services to debtors.&amp;nbsp;These services work with individuals that have bad or poor credit and negotiate with their creditors to reduce their liabilities.&amp;nbsp;Many...]]></description><pubDate>October 22, 2009  4:00 PM</pubDate></item><item><title><![CDATA[Getting a Collection Agency to Stop Credit Reports]]></title><link>http://www.finweb.com/banking-credit/getting-a-collection-agency-to-stop-credit-reports.html</link><description><![CDATA[ When one of your debts is turned over to a collection agency, your credit report may be adversely affected. More often than not, collection agencies make negative entries into a person's credit reports&amp;#8212;in addition to the negative entry already made by the creditor. There are times, however, when you may be able to have the negative information listed by the collection agency removed. Bad Debt Statute of Limitations The statute of limitations, or the maximum time allowed by law, for reporting most types of bad debts is seven years&amp;#8212;unless the debt is associated with a government entity or federal...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What are the Limits to Credit Collection Services?]]></title><link>http://www.finweb.com/banking-credit/what-are-the-limits-to-credit-collection-services.html</link><description><![CDATA[If you're not able to collect a debt from a customer, it may be a good idea to seek out credit collection services to assist in collecting the bad debt. However, before you turn a bad debt over to a credit collection service or collection agency, there are certain things that you should be aware of.Limitations of a Credit Collection AgencyWhen you place a bad debt for collection with a credit collection service or agency, you should be aware that the credit collection agency may or may not be able to collect the bad debt. Furthermore, you should be aware...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Why Did Three Credit Agencies Gain A Monopoly?]]></title><link>http://www.finweb.com/banking-credit/why-did-three-credit-agencies-gain-a-monopoly.html</link><description><![CDATA[There are three credit agencies that have gained the greater amount of reporting business in the U.S. today. Many credit reporting agencies began in the late 19th century when industrialization led to mass production of machines that demanded higher ticket prices than most consumers could afford with a single payment. Therefore, the practice for &amp;ldquo;extending credit&amp;rdquo; began. Merchants soon banded together to exchange information about a consumer&amp;rsquo;s credit worthiness and as the practice for extending credit increased through the 20th century, reporting bureaus were created.The OldestThe oldest reporting bureau remaining today as one of the big three is Equifax. It...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[A List of Credit Data Services Offered Today]]></title><link>http://www.finweb.com/banking-credit/a-list-of-credit-data-services-offered-today.html</link><description><![CDATA[If you're planning on starting an online business, you will need to apply for a merchant account that will allow you to accept credit card payments from your customers, and you should know that a merchant account not only allows you to accept credit card payments, but usually offers many types of credit data services that will prove invaluable to your business. Therefore, here is a list of some of the most popular types of services associated with online merchant accounts.Ability to Accept Credit CardsOnline merchant accounts will allow you to accept credit cards and debit cards as payment for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Future Of National Credit Agencies After Regulation]]></title><link>http://www.finweb.com/banking-credit/the-future-of-national-credit-agencies-after-regulation.html</link><description><![CDATA[Following the 2008 financial crisis, much legislation has been proposed to regulate how a national credit agency arrives at rating companies and how that information is made available to the general public. While there is much debate on the specifics of regulation required for corporate credit rating agencies, there is agreement on the general types of regulations that must be imposed.The Corporate Credit Reporting AgenciesCompanies like Moody's Corporation, Standard &amp;amp; Poor's, and Fitch Ratings Inc. all provide credit ratings for companies and many types of securities funds. Many investors rely upon the ratings issued by these agencies to make investment...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To: Report A Delinquency To Credit Bureau Agencies]]></title><link>http://www.finweb.com/banking-credit/how-to-report-a-delinquency-to-credit-bureau-agencies.html</link><description><![CDATA[If you have customers that owe you money and are past due in their payments to you, you may want to consider reporting the delinquency to credit bureau agencies. The three major credit bureaus: Equifax, Experian and Trans Union maintain credit file reports on most American consumers. Therefore, by including bad debts owed to you or your company, you may have some additional leverage in convincing the customer to pay; however, notifying the credit reporting agencies about the bad debts requires that certain steps be taken.Credit Collection AgenciesIf you have only a few debts that you need to have collected...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Combating A Credit Management Collection Agency's False Claims]]></title><link>http://www.finweb.com/banking-credit/combating-a-credit-management-collection-agencys-false-claims.html</link><description><![CDATA[In most cases a credit management collection agency will follow the law regarding debt collection; furthermore, the collection agency is simply trying to recover a debt that is owed to a client customer. However, there are times when some unscrupulous collection agencies will use tactics that are unethical and perhaps even illegal when attempting to collect a debt. In fact, collection companies have been known to make many false claims regarding possible consequences if a customer is not is not able to pay are unwilling to pay a debt.Common False ClaimsSome unethical collectors will attempt to collect the debt at...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Repair A Spouse's Credit Report]]></title><link>http://www.finweb.com/banking-credit/how-to-repair-a-spouse-s-credit-report.html</link><description><![CDATA[Knowing how to repair a credit report is essential when you get married and inherit a bad credit report from your spouse. Any loan you apply for together, including mortgage and auto loans, will take into account the credit of both you and your spouse. Instead of fighting over money, as many married couples do, it is best to take proactive steps to resolve the issue.Make a Personal LoanIf you are comfortable giving your personal funds to pay off your spouse's pre-existing debt, this can help immediately boost the credit score. While entering loan modification and consolidation can hurt a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Do Individuals Report to a Credit Agency?]]></title><link>http://www.finweb.com/banking-credit/how-do-individuals-report-to-a-credit-agency.html</link><description><![CDATA[If you're ever a victim of identity's or notice inaccuracies or discrepancies on your credit report, you should file a report to the credit agency. In fact, you should file disputes or reports with all three major credit reporting agencies: Equifax, Experian and Trans Union. There are a number of types of disputes and reports that you can file with the credit reporting agencies and all of them will help protect your good credit rating and ability to make credit purchases.Reports for Identity Theft VictimsIf you're ever the victim of identity theft, or someone has used information fraudulently to make...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Are The Three Credit Bureaus' Addresses?]]></title><link>http://www.finweb.com/banking-credit/what-are-the-three-credit-bureaus-addresses.html</link><description><![CDATA[Each of the three credit bureau addresses is a post office box in order to protect the safety of credit bureau employees. While you can send information by mail, it is advisable to always speak with a credit bureau representative first. You can determine if faxing or emailing the information will get it there in a more efficient manner.&amp;nbsp;Trans Union Address:P.O. Box 1000Chester, PA &amp;nbsp;19022Equifax Address:P.O. Box 740241Atlanta, GA &amp;nbsp;30374-0241Experian Address:P.O. Box 2104Allen, TX &amp;nbsp;75013-2104The three credit bureaus are responsible for monitoring and reporting your business and personal credit through the FICO system. While they all use the same system,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Validate Credit Report Repair Services]]></title><link>http://www.finweb.com/banking-credit/how-to-validate-credit-report-repair-services.html</link><description><![CDATA[There are many credit report repair services that advertise their products and services to consumers with bad credit. These services make promises regarding a credit standing and repair that will eliminate derogatory credit. A consumer that wishes to use these services should verify the validity of the credit report repair service in order to avoid falling victim to scams.Better Business BureauA credit report repair services can be validated on the local better business bureau (BBB).&amp;nbsp;BBB is designed to help consumers find out if a business has had any complaints. They provide the portal to review the legitimacy of the business....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Why Exactly Were Credit Agency Ratings So Wrong?]]></title><link>http://www.finweb.com/banking-credit/why-exactly-were-credit-agency-ratingsso-wrong.html</link><description><![CDATA[Following the subprime credit crisis and the financial crisis of 2008, many people are wondering why credit agency ratings for so many companies were so far off target. In fact, many people blame the large credit ratings agencies for helping to lull investors into a false sense of confidence in many types of mutual funds and other securities that were based largely on subprime mortgage home loans. Furthermore, many people blame the way that credit agencies actually arrive at ratings for companies and financial products for making many companies and funds appear stronger than they actually were.Flaws in the Credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Services Do Credit Bureaus Offer?]]></title><link>http://www.finweb.com/banking-credit/what-services-do-credit-bureaus-offer.html</link><description><![CDATA[Credit bureau services&amp;nbsp;include providing credit reports, helping consumers understand credit and credit issues and helping consumers to correct errors on their credit reports. Credit bureaus exist to compile information on individuals' credit histories and provide that information to the individuals and to other concerned parties, such as employers, lenders and landlords. There are three major credit bureaus in the United States - Equifax, Experian and TransUnion - all of which offer similar services to their customers.&amp;nbsp;Credit ReportsThe major service offered by all three credit bureaus are credit reports. A credit report details the credit history of a given individual. The...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Vetting Consumer Credit Counseling - The Better Business Bureau]]></title><link>http://www.finweb.com/banking-credit/vetting-consumer-credit-counseling-the-better-business-bureau.html</link><description><![CDATA[Not every consumer credit counseling bureau is conducting business in the best way, some companies attempt to take advantage of your vulnerable financial position. The companies offer advice, but they also make a profit. Learn who you are working with and recognize predatory lending practices when you see them. A valid way to vet these companies is to look for consumer credit counseling service reviews through credited organizations.What is the Better Business Bureau?The Better Business Bureau, or BBB, exists across Canada and the United States and is focused by local area or state. The BBB is largely self-regulating, meaning each...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[When Should You Go to a Credit Service Center?]]></title><link>http://www.finweb.com/banking-credit/when-should-you-go-to-a-credit-service-center.html</link><description><![CDATA[There are different reasons you should consider visiting a credit service center. If you have trouble qualifying for a car loan or are denied a credit card you will receive a letter explaining why you were denied. At this point you should obtain your credit report. If you see items on your credit report that you think or false or you do not understand, this might be a good idea.Reasons to Use a Credit Service CenterThere are times when invalid claims or items appear on your credit report. It can be caused by duplicate reports, closed accounts still reported as...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Choosing a 3-Credit-Bureau Monitoring Service]]></title><link>http://www.finweb.com/banking-credit/choosing-a-3-credit-bureau-monitoring-service.html</link><description><![CDATA[There are many websites that you can use for monitoring for your personal FICO credit score from the 3 credit bureaus. Knowing your credit score will help you understand the rates you will likely be charged on loans, whether or not your rental application will be accepted and how you will be treated in a variety of other financial scenarios. Knowing your credit score is as common as knowing your blood type today. However, choosing the service you use can be tricky.&amp;nbsp;Information from All 3-BureausThe first thing to look for from any credit monitoring service is if it provides information...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[4 Myths About Credit Bureaus]]></title><link>http://www.finweb.com/banking-credit/4-myths-about-credit-bureaus.html</link><description><![CDATA[Here are 4 myths about credit bureaus:The Credit bureaus can have a tremendous affect on your life. &amp;nbsp;The unfortunate truth is that few Americans truly know the true facts of the credit bureaus, other than the control the bureaus have over their credit reports and the buying power those credit reports can give or take away from the consumer.&amp;nbsp;The ignorance among consumers about the truth behind some of the myths of credit bureau operations is what credit bureaus like and this article will look at four&amp;nbsp;myths of credit bureaus.Myth 1. Credit bureaus are sanctioned with governmental authority.The truth is that&amp;nbsp;...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Good are Professional Credit Services?]]></title><link>http://www.finweb.com/banking-credit/how-good-are-professional-credit-services.html</link><description><![CDATA[If you find yourself in a tough financial situation and are having trouble making the minimum payments on loans or credit cards, you may be considering one of the professional credit services that provide assistance to consumers in financial trouble. Credit debt management services or consumer credit counseling services offer a number of services and programs that can help financially strapped consumers that are in debt and are having trouble paying their bills.How Credit Services Help YouThere are a number of reasons that a person may fall behind on credit card or loan payments; perhaps you've lost your job, or...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Get Something Removed From The Credit Bureau]]></title><link>http://www.finweb.com/banking-credit/how-to-get-something-removed-from-the-credit-bureau.html</link><description><![CDATA[In order to have an erroneous derogatory item removed from your credit report, you will need to contact the credit reporting companies directly. First, you will need to obtain a copy of your credit report. Under the Fair Credit Reporting Act, you may obtain a free credit report once every 12 months.Step 1 - Obtain Your Free Credit ReportYou may request your free credit report at www.annualcreditreport.com. Alternatively, you may visit Equifax, Experian and TransUnion online and order a copy of your credit report for a fee. The general credit report will usually cost between $3.00 and $11.00.You may also...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Bureau Info - The Fair Credit Reporting Act]]></title><link>http://www.finweb.com/banking-credit/credit-bureau-info-the-fair-credit-reporting-act.html</link><description><![CDATA[Some of the most important credit bureau info you will find is the details of the Fair Credit Reporting Act, or FCRA. Also known as the Fair Credit Billing Act, this piece of legislation provides rules and regulations the credit bureaus must follow to protect consumers from identity theft and to ensure their credit rating is completely correct. It works alongside the Fair Debt Collection Act, both passed in 1970, to form the base consumer credit rights. Free Credit ReportsThe Fair Credit Reporting Act states that all consumers have the right to receive a free credit report from all three...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Sort of Entities Provide Credit Info Services?]]></title><link>http://www.finweb.com/banking-credit/what-sort-of-entities-provide-credit-info-services.html</link><description><![CDATA[If you have fallen behind on loan or credit card payments and are having a very tough time financially, you may want to seek out companies or organizations that provide quality credit info services that can help you get control of your finances. While it is never easy to get back on your feet once you experience major financial problems, there are organizations and services that can make the task of finding financial relief a little easier.Consumer Credit Counseling ServicesConsumer credit counseling services are companies that are usually nonprofit organizations that assist consumers that are in debt. Reputable consumer credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Bureau Dispute Form Samples]]></title><link>http://www.finweb.com/banking-credit/credit-bureau-dispute-form-samples.html</link><description><![CDATA[When you check your credit report, you may find that the information on file is not entirely accurate. If you ever find information you know is not true, it could be harming your credit score and it is very important to have the information removed from the file as soon as possible. The best way to do this is by using a credit bureau dispute form. Keep in mind that not all items will display on all three major credit reports. It is a good idea to check all three.There is no official credit dispute form, but a letter to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Does a Score Differ Between the 3 Credit Bureaus?]]></title><link>http://www.finweb.com/banking-credit/how-does-a-score-differ-between-the-3-credit-bureaus.html</link><description><![CDATA[Understanding the 3 credit bureau differences can be tricky. The top 3 credit bureaus are Equifax, TransUnion and Experian. Although they gather and disperse the same information, these 3 credit reporting agencies categorize debt in different ways, resulting in different FICO scores for each company.What Is a FICO Score?A FICO score is a grading system implemented to establish a payment history. The scoring system varies between 300 and 850 and is generated by combining financial information of the borrower. Every piece of financial information has a certain weight of importance and is translated into a percentage. These items include: Payment...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[A Review Of Merchant Credit Services]]></title><link>http://www.finweb.com/banking-credit/a-review-of-merchant-credit-services.html</link><description><![CDATA[If you are starting a new business or simply want to add credit cards as a payment option for your current business, you will need to seek out merchant credit services from banks and credit card processors. There are many banks and that provide credit card processing services for small businesses; the following is a quick list of some of the most popular merchant accounts.Conventional BanksIf you are considering opening a merchant account, and have relatively good personal credit, then you may want to consider opening your merchant account with your personal bank. Many banks offer card processing services, or...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Should You Repair Credit History if the Report Expires?]]></title><link>http://www.finweb.com/banking-credit/should-you-repair-your-credit-history-if-the-report-expire.html</link><description><![CDATA[A consumer should repair credit report history when their score is low or it affects their ability to acquire.&amp;nbsp;The question whether an item should be repaired when it is no longer reported depends on the type of credit item it is and how it may affect other credit opportunities for you. When an item expires this means that it is no longer present on a consumer credit report. Often this is the end of the negative item but it may in fact still affect your score and should be addressed.Typical Consumer Credit Reporting PeriodUnder the Fair Credit Reporting Act (FCRA)...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Help Services Offered By Your Bank]]></title><link>http://www.finweb.com/banking-credit/credit-help-services-offered-by-your-bank.html</link><description><![CDATA[Many of us will need credit help services at some point. Whether this is just some basic financial planning, or credit debt management, there are countless companies and organizations standing in line waiting to help us. Many of us don't think to look to our bank with these needs, but they are there to help.Credit CounselingIf you've fallen in to the credit trap as many folks do, your bank can help you with consumer credit counseling services. Credit counseling can help get you out of difficult situations. A credit counseling expert will go through your finances and provide personalized solutions...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[General Credit Bureau Information]]></title><link>http://www.finweb.com/banking-credit/general-credit-bureau-information.html</link><description><![CDATA[You can locate relevant credit bureau information at one of the three primary credit bureaus: Equifax, Experian and Trans Union. These are not government entities; they are private corporations that use information available on your financial history to compile reports. These reports, called credit reports, can be requested by individuals who have access to your personal information. Credit reports are used by lenders, landlords and employers to name a few.&amp;nbsp;How Credit Bureaus StartedThe need for credit bureaus did not arise until the mid-1900s. Prior to that time, many towns were small enough that only one primary lender existed for each...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Take Advantage Of The Free Credit History Check]]></title><link>http://www.finweb.com/banking-credit/take-advantage-of-the-free-credit-history-check.html</link><description><![CDATA[Your annual free credit history check is one of those good deals you can&amp;rsquo;t afford to miss. The catch? Just be sure you are using the official, authorized web site to request it.Requesting Your ReportThe Fair Credit Reporting Act requires that you be given one free credit history check each year.The official web site is www.annualcreditreport.com. It is the only authorized site. Through it you approach one of the three primary credit reporting bureaus, Equifax, Experian or TransUnion. You then provide proof that you are who you say you are with Social Security number and account numbers. Once accepted in...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Does A Free Credit Report Search Exist?]]></title><link>http://www.finweb.com/banking-credit/does-a-free-credit-report-search-exist.html</link><description><![CDATA[If you are looking for a free credit report search, you are in luck. While there are plenty of businesses that will charge you for a credit report search, there are places where you can get a completely free credit report search each year.Congressional MandateCredit scores and credit reports are becoming increasingly important to each individual in modern society. These reports are being used not only to determine if a person can get a mortgage or a car loan, but also if they can purchase a cell phone, be hired for a job, or get an apartment to rent.Additionally, cases...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Free Credit Search: 3 Things To Beware Of]]></title><link>http://www.finweb.com/banking-credit/free-credit-search-3-things-to-beware-of.html</link><description><![CDATA[There is such a thing as a free credit search, but there are also many imposters out there ready to steer you away from the real deal. The U.S. Congress mandated a program through which consumers can get a copy of each of the reports used by the top three credit reporting agencies for free. However, there are plenty of scams out there trying to take your money instead.1 &amp;ndash; False WebsitesThere is only one true website approved by the FTC (Federal Trade Commission) to offer the free credit reports. This site is called AnnualCreditReport.com. Any other site, no matter...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Bureau: Fraud Reporting Procedures]]></title><link>http://www.finweb.com/banking-credit/credit-bureau-fraud-reporting-procedures.html</link><description><![CDATA[Reporting credit bureau fraud is never a pleasant situation. Unfortunately millions of Americans become victims of fraud each year. Here are simple steps to report the fraudulent activity to the credit bureaus.Gather All DocumentationYou will want to start the process by gathering all documentation you have collected, related to the fraud. This can include credit card statements, police reports, and court reports. Many credit card companies will require a police report be filed before they will deal with true fraud, so be sure to file this first.Also, if any civil actions have been taken against as a result of the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Find Your Credit History: 6 Resources]]></title><link>http://www.finweb.com/banking-credit/how-to-find-your-credit-history-6-resources.html</link><description><![CDATA[Finding resources to find credit history is an important task for every person. Credit history is the key to almost every major financial decision. Home purchases, car purchases, credit card offer and employment may even be linked to credit history. As a result, it is very important to regularly review your credit history and correct any errors or incorrectly reported information contained in your credit report. Here are several resources for this information.Resource #1 &amp;ndash; ExperianExperian is one of the three major credit reporting agencies. Every person is entitled to one free credit report every year from each of the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Helpful Tips For Your Credit Report Search]]></title><link>http://www.finweb.com/banking-credit/helpful-tips-for-your-credit-report-search.html</link><description><![CDATA[If you are doing a credit report search, you&amp;rsquo;ll want to be sure you are focusing your efforts wisely. Here are some tips for finding your credit report, searching your report, and cleaning up any problems you may find. All these are important aspects of a credit report search.Get Your Credit ReportOne of the easiest ways to find out what your credit report says, discover any negative reports on your credit report, and have the opportunity to repair any false negatives on your report is to request your free annual credit report.Since 2004, the U.S. Federal Trade Commission has required...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Repair Your Credit Report Before Anyone Sees It!]]></title><link>http://www.finweb.com/banking-credit/repair-your-credit-report-before-anyone-sees-it.html</link><description><![CDATA[If you have experience credit problems in the past, you should seriously consider cleaning up your credit and trying to repair the credit report on files with the three major credit reporting agencies: Equifax, Experian and Trans Union. Clearing up problems on your personal credit report will help you qualify for all types of loans and financing; furthermore, better credit scores will help you get better rates on necessity items such as an automobile and help you be approved for getting into rental properties. Therefore, here is a quick step-by-step guide to help you begin clearing up your credit history...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Get Reports Free From The Credit Bureau]]></title><link>http://www.finweb.com/banking-credit/get-reports-free-from-the-credit-bureau.html</link><description><![CDATA[Free credit bureau reports are available every 12 months to people in the United States. How to Get Your Free Credit Bureau ReportThe credit report that you are entitled to every year can be found online. All you have to do is visit the site, enter in your personal information for identification purposes and you will have access to all 3 of the credit reporting bureaus. These 3 bureaus are Experian, Equifax and TransUnion. Through these free credit bureau reports, you will be able to obtain information about who is reporting on your credit, the status of the reporting, when...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Tips For Your Credit History Search That'll Save Time]]></title><link>http://www.finweb.com/banking-credit/tips-for-your-credit-history-search-that-ll-save-time.html</link><description><![CDATA[When conducting a credit history search to gain information about your own credit score, there are a number of actions you can take to save yourself time and effort in the process. In many cases, your credit history can be the key to major life decisions that are made on your behalf, including employment, home purchase, car purchases and even car and life insurance.Tip #1 &amp;ndash; Use a 3-in-1 Credit Report ServiceThere are numerous services online today that provide access to all three credit agency credit history reports in one easy to use statement. In many cases, these services require...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Contact The Credit Bureau In A Financial Emergency]]></title><link>http://www.finweb.com/banking-credit/contact-the-credit-bureau-in-a-financial-emargency.html</link><description><![CDATA[Contacting the credit bureaus can be disconcerting in a financial emergency because having good credit is important for most all financial matters. If you have bad credit, it is very difficult to turn that credit around and you will ineligible for loans and lower interest rates or ineligible for employment. If you have good credit you will do anything you can in order to keep it in good shape. All discrepancies on your credit report can be frustrating situations because no one wants to deal with the dispute credit bureau because it can waste valuable time needed for other things.Identity...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Important Credit Agency Phone Numbers]]></title><link>http://www.finweb.com/banking-credit/important-credit-agency-phone-numbers.html</link><description><![CDATA[There are a few important credit agency phone numbers that you may need to access for issues ranging from monitoring your credit to credit theft.&amp;nbsp; There are three major credit companies that house credit information, Equifax, Transunion and Experian, it is important to know who to contact.&amp;nbsp;Experian: To order your credit report, ask general questions regarding your credit, or to call about fraud and identity theft -&amp;nbsp;Call (888) 397-3742 (1-888-EXPERIAN).For existing credit manager membership customer questions -&amp;nbsp;Call (800) 787-6864.Equifax:To opt-out of mailing lists Call (888) 567-8688 or to place a fraud alert on your credit report Call (888) 766-0008.To order...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Score History: Are You Above Average?]]></title><link>http://www.finweb.com/banking-credit/credit-score-history-are-you-above-average.html</link><description><![CDATA[Your credit score history can have a tremendous influence over many different factors in your life. While many people believe that their credit history is in the dumps, they may be surprised to learn about the national credit history average in the United States and national norms when it comes to credit payment history.National AveragesThe national average credit score is 680. Generally, this is a surprising fact to many people. However, this information is based on a recent study conducted by Experian, which is one of the three major credit reporting agencies. The other two agencies are TransUnion and Equifax....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[An Investment Management System For Your Future]]></title><link>http://www.finweb.com/banking-credit/an-investment-management-system-for-your-future.html</link><description><![CDATA[An effective investment management system is imperative to stay afloat in today's economy. Without successful portfolio management, you could find yourself losing funds and working harder to maintain your investment portfolio. There are a few simple avenues to consider for effective investment management.Investment Management SoftwareThe internet will provide with a wide array of investment management software choices. There are many sites dedicated to &amp;quot;software searches&amp;quot; to allow you to review what is available and make an educated decision based upon your personal needs. Many companies offer the software on a 30 day trial basis.Consulting CompaniesWorking with a consulting firm is...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Your Credit Report Profile: Fact vs Myth]]></title><link>http://www.finweb.com/banking-credit/your-credit-report-profile-fact-vs-myth.html</link><description><![CDATA[Checking your credit report profile once a year helps you gain peace of mind regarding your finances. If your credit score is high, you&amp;rsquo;ll be more eligible to receive loans, credit cards, and affordable insurance than if your score is low. It&amp;rsquo;s important, however, for consumers to not only check their credit report profile, but to understand all of the information it contains. Learning how to improve your credit score, as well as what harms your credit, is a great way to stay on top of your finances.Credit Report MythsUnderstanding your credit report profile begins with awareness of the following...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[When to Freeze Your Credit File]]></title><link>http://www.finweb.com/banking-credit/credit-file-do-you-need-a-security-freeze.html</link><description><![CDATA[As the rate of identity theft rises in the United States, many people choose to place a freeze on their credit file if they believe their personal information has been stolen.What a Security Freeze Does and Doesn&amp;rsquo;t DoWhen you place a security freeze on your credit file, a credit bureau cannot access your credit history. This means that no one can open a new account in your name or receive new credit in your name, since creditors are unable to access your file. A freeze only protects you from new account fraud.A security freeze does not prevent misuse of existing...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How A Positive Credit History Affects A Mortgage]]></title><link>http://www.finweb.com/banking-credit/how-a-positive-credit-history-affects-a-mortgage.html</link><description><![CDATA[Your credit history can affect the interest rates and mortgage terms that lenders offer you. A good credit history can even help you overcome weaknesses in other aspects of your mortgage loan application. The following information will help you understand what your credit history is and the role it plays in getting the best mortgage you can.Credit History and Credit ScoreAll borrowing you do is reported to the three main credit reporting bureaus, Esperian, Equifax and TransUnion. Every aspect of borrowing is added to your history, including loans you take out, credit cards taken out, credit card accounts closed and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[A List of Different Credit Agency Addresses]]></title><link>http://www.finweb.com/banking-credit/a-list-of-different-credit-agency-addresses.html</link><description><![CDATA[Knowing the&amp;nbsp;credit&amp;nbsp;agency&amp;nbsp;address information for each company is important in order to obtain your credit history. Experian, Equifax, and Trans Union are the three main credit bureaus. When contacting them about your credit history, you will need to verify your identity. All three agencies will ask you for your full legal name, social security number, and current address.The Big Three:ExperianP. O. Box 9595, Allen, TX 75013-9595 (see note)Tel:&amp;nbsp; 888-397-3742Other information requested: date of birth; your previous address(es) of the last five years; spouse&amp;rsquo;s name. Visit them online: http://www.experian.comNote: Experian tends to change their mailing address oftenEquifaxP. O. Box 740241, Atlanta, GA...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Understanding The Methods Of Different Credit Score Bureaus]]></title><link>http://www.finweb.com/banking-credit/understanding-the-methods-of-different-credit-score-bureaus.html</link><description><![CDATA[Credit score bureaus are the most important tool a person can use if they have a question about their credit score. There are three main credit reporting bureaus, and each one uses a different method in order to determine your credit score. The three bureau credit report score can help you with errors. Equifax, TransUnion and Experian are the three main credit reporting bureaus. They also help with reporting your credit bureau fico score. The Fico score is used primarily when dealing with credit cards, and has been in use since 1970.What FICO IsFICO, or Fair Isaac Score, is a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[International Bank - Money Transfer Policies And Procedures]]></title><link>http://www.finweb.com/banking-credit/international-bank-money-transfer-policies-and-procedures.html</link><description><![CDATA[An international bank money transfer is by far the safest way to transfer money internationally; furthermore, it is usually quickest way to ensure funds are transferred from one country to another. However, it is always important to know what types of international bank transfers are available and the types of fees and costs that may be incurred when using the services. This article will attempt to address the most all popular types of international bank money transfers and how they are executed.SWITF Bank TransfersThe vast majority of international bank money transfers are executed through SWIFT. Founded in Brussels in 1973,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Does A Credit Bureau Handle Fraud Alerts?]]></title><link>http://www.finweb.com/banking-credit/how-does-a-credit-bureau-handle-fraud-alerts.html</link><description><![CDATA[If you&amp;rsquo;ve been a victim of identify fraud, placing a credit bureau fraud alert on your credit files is important. You can place the fraud alerts on the accounts even if you haven&amp;rsquo;t been a victim to help protect you from future crime. Here&amp;rsquo;s how it works:Opening New AccountsAnytime a request is made to open a new credit account, the credit reporting bureau will display a set of basic applicant questions. These questions are based on information that is not readily available in public records. They could ask about a balance on a loan, an interest rate on a credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Can A Poor Credit History Affect Loans?]]></title><link>http://www.finweb.com/banking-credit/how-can-a-poor-credit-history-affect-loans.html</link><description><![CDATA[Combine a poor credit history with loans and you will find higher interest rates, larger monthly payments and even an inability to borrow. The following information explains what your credit history is and why good loans and poor credit history don&amp;rsquo;t mix.Who Maintains Your Credit History?Any borrowing you do, including all credit card activity, is reported by your lenders to the three main credit reporting bureaus, Esperian, Equifax and TransUnion. Your credit history, which is available for review to any lender with whom you apply for a loan, lists any negative actions in your borrowing history, including late payments, accounts...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Getting a Free Credit File Hassle-Free]]></title><link>http://www.finweb.com/banking-credit/getting-a-free-credit-file-hassle-free.html</link><description><![CDATA[Your free credit file shows your complete credit history. This includes such financial information as account payments and summaries, bankruptcy filings, total available credit, and loan and mortgage information.Before you can obtain credit, creditors view your credit file to make sure that you are a good risk. If you have a low credit score, you may have trouble getting a loan, credit card, affordable insurance, or even a job. Keeping track of your credit file is easy; there are several online companies offering free credit reports. Checking your credit annually will help you keep a close eye on your finances,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Bureau Collection - Obtaining A Low Sum Debt]]></title><link>http://www.finweb.com/banking-credit/credit-bureau-collection-obtaining-a-low-sum-debt.html</link><description><![CDATA[A credit bureau collection agency is a company that works for other companies to collect any debt or late payments that are due from their customers.&amp;nbsp; Generally a credit agency will only seek out a collection agency once the customer whom the moneys are owed from becomes delinquent with their payments.&amp;nbsp; This might be through lack of payment or continually late with their payments. How to Stay AwayThe easiest way to stay away from being sought after by a credit bureau collection agency is by always making your payments on time.&amp;nbsp; Obviously this might be something that is easier said...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Does Debt Consolidation Affect Your Credit Report?]]></title><link>http://www.finweb.com/banking-credit/how-does-debt-consolidation-affect-your-credit-report.html</link><description><![CDATA[Your debt consolidation credit report should look better than the credit report you had before you combined your bills. Ultimately, the goal is to improve your credit and not harm it. That is why it is important to understand how debt consolidation will affect your credit.Your Debt Consolidation Credit Report: Positive EffectsOne positive effect that debt consolidation can have on your credit score is the fact that several accounts will appear to be paid off. Even though debt consolidation creates a new credit account, lenders consider the other accounts as paid in full.Timely repayment of new credit will also have...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Bureau Phone Numbers - Getting Human Service]]></title><link>http://www.finweb.com/banking-credit/credit-bureau-phone-numbers-getting-human-service.html</link><description><![CDATA[Using credit bureau phone numbers to speak with customer care representatives is one of the easiest ways to get help regarding your credit report concerns. Here is a list of contact numbers for your credit bureau inquiries:Equifax Inc.For credit-related concerns: Call 1-800-685-1111 to get a free credit report using the Fair and Accurate Credit Transactions Act. Call 1-888-766-0008 to request a fraud alert online. Call 1-888-567-8688 to opt out of mailing lists. Call 1-888-202-4025 to become a business customer or to gather information about the Equifax Business Solutions. Experian Plc.The company's phone resources are the following: Call 1-888-397-3742 to order...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Who Can Check Your Credit History?]]></title><link>http://www.finweb.com/banking-credit/who-can-check-your-credit-history.html</link><description><![CDATA[A check of your credit history will show all the borrowing you have done, any negative actions such as late payments or charge offs, and your credit score. This is important, personal information, so it&amp;rsquo;s vital that you know who can check your credit history.Who Maintains Your Credit History?Before exploring who can check your credit history, it is important to understand where your credit history comes from, who maintains it and what it means.Your credit history is a record of your borrowing life from credit cards to auto loans to home mortgages. Every time you are extended credit - whether...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Check Collection Agency - What Is Debt Validation?]]></title><link>http://www.finweb.com/banking-credit/credit-check-collection-agency-what-is-debt-validation.html</link><description><![CDATA[When you receive a call from a credit check collection agency, you have the right to send a written request for debt validation before speaking with them further. A debt validation is a way to ask the collections agency to prove they have a right to request money from you. After all, they are not the initial lender, and they may not even be associated with that lender. Prior to paying any money to a collections agency, consider a debt validation request.When Debt Is Not ValidThe major reason to request a debt validation request is when you have reason to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Credit Score Secrets To Imporve Your Rating]]></title><link>http://www.finweb.com/banking-credit/5-credit-score-secrets-to-imporve-your-rating.html</link><description><![CDATA[Below are 5 credit score secrets to improve your credit rating: 1. Scrutinize Your Credit ReportThe first step in improving credit rating is to obtain a copy of your credit report, and study it in detail for mistakes or errors. If you detect any, note them down and call the credit reporting agency to dispute the errors.2. Make Credit Card Payments on TimeCreditors pay specific attention to whether or not credit card bills are paid on time. A healthy credit score is a reflection of responsible, punctual payments.3. Pay Bills on TimeMake all utility bills, including cable, electricity, cell phone,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What the Better Business Bureau and Credit Bureaus Do]]></title><link>http://www.finweb.com/banking-credit/what-the-better-business-bureau-and-credit-bureaus-do.html</link><description><![CDATA[The Better Business Bureau and each of the credit bureaus have a responsibility to keep reported information that reflects the reputations of individuals and companies.Part of what the Better Business Bureau (BBB) does is similar to what credit bureaus do. The BBB gathers information about companies related to their background, customer experiences, licensing and any government actions. The BBB also has a rating system that they use to evaluate companies based on a series of criteria. Some of the criteria that the BBB uses include the type of business, age of company, the number of complaints (resolved or unresolved), and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Who Pays For Your Free Credit History Reports?]]></title><link>http://www.finweb.com/banking-credit/who-pays-for-your-free-credit-history-reports.html</link><description><![CDATA[Ads for free credit history reports proliferate on television, radio and the internet. But are they really free? And if they are free to you, who&amp;rsquo;s paying for them? The following information explains where your credit report comes from, why you get a free copy and who&amp;rsquo;s bearing the cost that good deal.Who Has Your Credit Report?If a credit history report is about you and your actions, shouldn&amp;rsquo;t it belong to you? Well, no. Three primary credit reporting bureaus - Experian, Equifax and TransUnion - maintain a record of all borrowing you do, reported to them by lenders. It also...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Signs Your Company For A Credit History Check Is Reliable]]></title><link>http://www.finweb.com/banking-credit/signs-your-company-for-a-credit-history-check-is-reliable.html</link><description><![CDATA[When using a monitoring company, credit history is very often one of the regular services that are offered as part of their monitoring service package. However, above all else, most customers want to be assured that the information being provided is accurate and reliable about what is actually contained in credit reports.Sources of InformationOne of the primary ways to determine the reliability of your credit monitoring company is to evaluate where they are receiving their information. The three largest credit reporting agencies are Experian, Equifax and TransUnion. These three companies should be the largest, if not exclusive, source of information...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Is The Potential Of Credit Help Agencies?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-potential-of-credit-help-agencies.html</link><description><![CDATA[If you're buried in debt and are having problems making your monthly credit card payments or other types of unsecured loan payments, credit help agencies may be able to provide a means of getting control of your finances. While many types of credit counseling or credit help agencies have received bad press over the last few years, there are still many nonprofit organizations that are dedicated to helping consumers get out of debt.The National Foundation for Credit CounselingThe National Foundation for Credit Counseling, or the NFCC, is an organization with 115 member agencies in nearly 1000 offices nationwide; furthermore, the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Deciphering Your Free Credit Profile]]></title><link>http://www.finweb.com/banking-credit/deciphering-your-free-credit-profile.html</link><description><![CDATA[For many people, a free credit profile contains unfamiliar language and concepts. In order to fully understand your credit status, you must learn how to decipher the information in your profile.What Does a Credit Profile Contain?A free credit profile contains information on past and current financial accounts, including: payment histories and patterns (including late payments) loan and/or mortgage information total available credit total percentage of available credit companies who have inquired about your credit history public records such as filed bankruptcies, tax liens, or credit disputes personal information such as your name, social security number, date of birth, previous and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Identity Theft: Avoid the Epidemic]]></title><link>http://www.finweb.com/banking-credit/identity-theft-avoid-the-epidemic.html</link><description><![CDATA[If you've ever been a victim of identity theft, you know first hand the stress and problems that it can cause. In the current economic crisis, online- and offline predators abound that have no qualms about taking advantage of the circumstances by coming up with new and innovative ways to steal your identity. To avoid becoming a statistic, here are some suggestions: Remove the address and telephone number from your checks. Instead of first name, middle initial, and last name on your checks, change it to initials plus last name only. This will prevent anyone from trying to forge your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Check your Credit Report Periodically]]></title><link>http://www.finweb.com/banking-credit/check-your-credit-report-periodically.html</link><description><![CDATA[When was the last time you checked your credit report? If it hasn't been fairly recently, how do you know if what it's portraying about you is correct? When you apply for any type of credit &amp;ndash; whether it's car financing, a home loan, or credit card account &amp;ndash; you are implicitly giving the company with whom you're applying permission to check your credit report. Potential employers, insurance issuers, and landlords will also check your credit file if you provide them with your Social Security number. The problem is, the information on your credit report is probably not totally accurate...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Your FICO Score]]></title><link>http://www.finweb.com/banking-credit/your-fico-score.html</link><description><![CDATA[The Fair Isaac Corporation, or FICO, scoring model is a statistical means of assessing how likely you are to pay back a loan. Used by each of the three national credit-reporting agencies, it measures the degree of risk that you represent to a lender. The score is based on all credit-related information contained in your credit file. The score does not factor in income, assets, or bank account balances. Neither are age, sex, race, color, religion, occupation, marital or homeownership status, length of time at your present address, or zip code used to calculate your score. (Individual lenders, however, may...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[A few FICO Tips]]></title><link>http://www.finweb.com/banking-credit/a-few-fico-tips.html</link><description><![CDATA[FICO scores are top secret. The rating is based on all of the credit-related information contained in the credit report. However, other than the folks who created the scoring system, no one seems to know for sure how many points each factor is worth. But despite the fact that no one but Fair, Isaac, &amp;amp; Company know exactly how the credit-scoring method works, there still seem to be some prevailing ideas about how you can raise your FICO score. So take advantage of these tips to give yourself a boost: Review your past payment history on your credit report. Bankruptcies,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Disputing Negative Credit Entries]]></title><link>http://www.finweb.com/banking-credit/disputing-negative-credit-entries.html</link><description><![CDATA[If you have negative items on your credit report, there is something that you can do about it. You have the legal right to dispute any negative or incorrect entry in your credit file at any time; and by doing so, you make absolutely no admission of liability for the debt. In disputing a negative item, you're merely challenging the accuracy or validity of the information reported about you. In understanding your credit and how our credit reporting system works, it's important to remember two crucial facts. First, be aware that anyone &amp;ndash; whether they're a legitimate creditor or not...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit-Health Habits]]></title><link>http://www.finweb.com/banking-credit/credit-health-habits.html</link><description><![CDATA[If your credit score isn't quite where you want it to be, do you know what you can do to improve it? Many people think that they should just sit around and wait until it gets better, but this can be a slow process if left to its own timetable. Instead, here are a few tips that you can put into practice to help improve and maintain your score: Exercise patience First and foremost, you must understand that credit scores do not get better overnight. While it seems that they can go down the tubes very quickly, getting them back...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Are you accidentally lowering your Credit Score?]]></title><link>http://www.finweb.com/banking-credit/are-you-accidentally-lowering-your-credit-score.html</link><description><![CDATA[It's happened to all of us. You walk into the mall and your favorite store is offering an instant 20 percent off your purchases today if you open a credit card account. You think to yourself, &amp;quot;Why not open the account, take advantage of the savings, and then tear up the credit card when it arrives?&amp;quot; But be careful; once you open that credit account &amp;ndash; even if you never use it &amp;ndash; it's on your credit report as open credit. This means that it's available for you to use and run up debt, so the credit reporting agencies will...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Score Fact and Fiction]]></title><link>http://www.finweb.com/banking-credit/credit-score-fact-and-fiction.html</link><description><![CDATA[Most individuals who own credit cards annually check their credit scores with the big three reporting agencies: Experian, Equifax and TransUnion. These scores are very important in obtaining credit, loans, and lower overall interest rates. But with all the credit information flying around out there, you need to known exactly what's true and what's not. Such as: Myth: There is only one credit score. Fact: There are three credit scores, one from each of the aforementioned agencies. Myth: Your score will decrease every time you check it. Fact: Not true. You can ascertain what your score is as often as...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[It's More than just Paying your Balances]]></title><link>http://www.finweb.com/banking-credit/it-s-more-than-just-paying-your-balances.html</link><description><![CDATA[Paying off your monthly credit card balances is a good thing to do - a very good thing. As a matter of fact, it's what you should be endeavoring to do. But did you know that simply paying your monthly balances isn't enough to raise your credit score? The truth is that you'll have to watch a few other things as well. Let's take a closer look to understand why. You see, one of the factors that the FICO credit-scoring formulas take into consideration is the total amount owed on all of your accounts in relation to the total amount...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Strategies to Repair your Credit Report]]></title><link>http://www.finweb.com/banking-credit/strategies-to-repair-your-credit-report.html</link><description><![CDATA[Are you having problems with your credit accounts? Have you slipped behind in paying credit card bills and begun receiving phone calls and letters from creditors? If so, here's some information that will help you stop the damage and start to repair your credit one step at a time. Sometimes people that find themselves deep financial debt immediately run to file for bankruptcy. But, this should be the last resort, not the first. That's because in 2005 the bankruptcy laws changed dramatically. One of the new requirements is that you must receive credit counseling from a government-approved organization within six...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Boost Your Credit Score Quickly and a Few Ways Not To]]></title><link>http://www.finweb.com/banking-credit/how-to-boost-your-credit-score-quickly-pt2.html</link><description><![CDATA[In Part 1, we covered several good ideas for raising your credit score quickly. Now, be sure to avoid the following ineffective methods. Disputing Every Bad Entry in SightThis tactic is used by many of the more disreputable &quot;credit repair&quot; companies to saturate the credit bureaus with disputes about anything and everything. The disputed items are supposed to be removed from your file if the bureaus can't confirm them within 30 days, and the &quot;credit counselors&quot; then boast that they've actually cleaned up your file for you. Of course, most or all of the negative items come back as soon...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Personal Credit File FAQs Answered]]></title><link>http://www.finweb.com/banking-credit/personal-credit-file-faqs-answered.html</link><description><![CDATA[Your personal credit file contains information regarding your financial history. If you have a high credit score, you have paid your bills on time and successfully managed your finances. If, on the other hand, your credit score is low, you may have mismanaged your finances and/or been a victim of identity theft. Individuals with a low credit score often have difficulty getting loans, credit cards, mortgages, or other life necessities, because they are considered &amp;ldquo;high risk.&amp;rdquo;How Do I Check My Credit File?Since banks, businesses, and credit providers check your credit score to determine if they should lend money to you,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What My Credit File Means for the Future]]></title><link>http://www.finweb.com/banking-credit/what-my-credit-file-means-for-the-future.html</link><description><![CDATA[People often ask, &amp;ldquo;Why should I check my credit file?&amp;rdquo; Businesses, employers, banks, and government agencies interpret a person&amp;rsquo;s credit score as a barometer of how responsible they are. If you pay your bills on time, protect personal and financial information, and manage your finances in a responsible way, your credit score will be in good standing, and you will enjoy greater financial freedom.What If My Credit File Shows That I Have Bad Credit?There is peace of mind when you know that your credit score is in good shape. Failure to annually check your credit file could result in unknown...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Your Credit Score Isn't]]></title><link>http://www.finweb.com/banking-credit/what-your-credit-score-isnt.html</link><description><![CDATA[The world financial system today revolves around credit. While virtually every consumer could tell you what credit is, most could not tell you just what items do and don't factor into a credit score. Credit scores are largely still a mystery to the public, a public that all too often finds itself at the mercy of those very numbers. Nevertheless, credit scores have both an upside and a downside. The good news is that, regardless of what you may think or what your past experience has been, your credit score can be largely controlled by you. The bad news: credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Establishing a Positive Line of Credit]]></title><link>http://www.finweb.com/banking-credit/establishing-a-positive-line-of-credit.html</link><description><![CDATA[For some people, their credit is not only bad, but it's so bad that they won't even think about trying to obtain a loan &amp;ndash; for anything. They may have had good credit at some point, but something went terribly wrong, leaving them with a credit report that draws nothing but denials every time they try to get a credit card or other credit account. For others, it's different problem (although creditors often treat them roughly the same): their credit is simply non-existent. They've never had a credit line before and, unfortunately for them, no creditor wants to be their...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Protect Yourself from Credit Fraud]]></title><link>http://www.finweb.com/banking-credit/protect-yourself-from-credit-fraud.html</link><description><![CDATA[With the proliferation of camera phones, online shopping and digital data collection of every kind, we've all become more vulnerable to credit fraud than every before. With such dangers looming at virtually every turn, here are some tips to help protect you from theft of your personal information and subsequent credit fraud: To determine if there have been any suspicious activities, obtain a copy of your credit report annually from all three of the major credit-reporting agencies: Experian, Equifax, and TransUnion. If you withdraw money from an ATM machine, ensure that no one is standing behind you. Unscrupulous individuals can...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Boost Your Credit Score Quickly]]></title><link>http://www.finweb.com/banking-credit/how-to-boost-your-credit-score-quickly.html</link><description><![CDATA[Rebuilding your credit can be an exceedingly slow and painstaking process, but there are some strategies that you can use which may give your score a kick in as little as a month or two. Read on: First, pay off your credit cards and lines of credit. One of the fastest ways to boost your credit score is to lower your debt utilization ratio, which is the difference between the amount of revolving credit that's available to you and the amount that you're actually using. However, the best method to pay off revolving debt isn't with another loan (which would...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Those Three Little Numbers Mean]]></title><link>http://www.finweb.com/banking-credit/what-those-three-little-numbers-mean.html</link><description><![CDATA[You may have perused several websites in which they are offering you the opportunity to find out what your credit score is. While the number is very important, many of you may want to know exactly what those numbers mean. Here is information to help you understand the genesis of FICO scores and their importance.The three credit reporting agencies – Equifax, Experian, and TransUnion, in conjunction with Fair Isaac Corporation – developed a scoring system in the early 1980s. Although in the beginning these three reporting agencies had different systems, today each of their scoring is equivalent to the others...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Importance of Your Credit Report]]></title><link>http://www.finweb.com/banking-credit/the-importance-of-your-credit-report.html</link><description><![CDATA[Your credit report is a very important compilation of information about you. It lists a number of personal identifiers, such as your Social Security number, your date of birth, current and past addresses, even your current employer. It also reveals present and past loans, credit cards, mortgages and any other reported debts. It discloses the status of those accounts, whether they're up-to-date, overdue, paid in full or in collections. Any public information, such liens, judgments, bankruptcies, even criminal convictions against you, is also recorded. Your credit file will register the severity of your overdue accounts, whether they are 30, 60,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What does Your Credit Report say about You?]]></title><link>http://www.finweb.com/banking-credit/what-does-your-credit-report-say-about-you.html</link><description><![CDATA[Do you know what's in your credit report? If you don't, you should. Your credit report is a rundown of your financial life. Among the things that will be in your credit file is every credit card and loan that you've received in the past seven years (and perhaps beyond). Each account is listed with information about when it was opened, the interest and other terms of the account, how much your monthly payments were, what your payment history has been like over the past two years, the balance owed and any other details that may be important in considering...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Report: How to File a Dispute]]></title><link>http://www.finweb.com/banking-credit/credit-report-how-to-file-a-dispute.html</link><description><![CDATA[Your credit report file contains your financial history, including bill payment summaries, loan information, bankruptcy filings, and the statuses of all of your past and present financial accounts. If your credit score is low, you could be ineligible to receive loans or credit cards; you could even find yourself being turned down from a job or an apartment.What You&amp;rsquo;ll Need to File a DisputeIf you run a credit report and find something that looks unfamiliar, incorrect, or out-dated, the Fair Credit Reporting Act (FCRA) gives you the right to dispute the error(s). You will need the following documents to file...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Your Credit Report]]></title><link>http://www.finweb.com/banking-credit/credit-report.html</link><description><![CDATA[Do you know the importance of your credit report and score? Your file contains a significant amount of valuable information &amp;ndash; personal information about you. It contains information that &amp;ndash; under certain conditions &amp;ndash; others can legally access, and the information can be used either for or against you. Having accurate data in your report is therefore crucial. However, you are not simply and totally &amp;quot;at the mercy&amp;quot; of what's contained in your credit file. To be honest, credit information errors and inaccuracies are quite common, and because of this fact (and others) there are processes and legislation in place...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[How Do You Build Credit from Scratch?]]></title><link>http://www.finweb.com/banking-credit/how-do-you-build-credit-from-scratch.html</link><description><![CDATA[A&amp;nbsp;credit history is&amp;nbsp;an important tool for many reasons. If you plan to apply for a loan for a home, car, school loans or&amp;nbsp;start a business, your credit history is the tool that a lender will use to determine if you are a credit worthy borrower.&amp;nbsp;Your credit report is&amp;nbsp;a record of your payments. Timely payments will ensure that you have a good credit rating and delinquencies will&amp;nbsp;give you a poor rating. Learning how to build your credit can be a&amp;nbsp;challenge for many people. Until you build your&amp;nbsp;credit, lenders will be reluctant to approve you for credit. Or,&amp;nbsp;a lender may approve you...]]></description><pubDate>April 29, 2011  4:00 AM</pubDate></item><item><title><![CDATA[How Long Does it Take to Repair Your Credit?]]></title><link>http://www.finweb.com/banking-credit/how-long-does-it-take-to-repair-your-credit.html</link><description><![CDATA[It takes years to truly repair your credit from a major credit problem. Examples of problems include default, foreclosure, repossession and bankruptcy. It can take up to two years to even recover from one late payment. Simply put: there is no fast way to fix up your credit. However, there are some techniques that can give you a small boost. Applied consistently, these techniques will raise your credit from even a low score in the long run. Use Credit You cannot build a credit score by refusing to spend on credit. In fact, the exact opposite is true. A person...]]></description><pubDate>April  6, 2011  7:54 PM</pubDate></item><item><title><![CDATA[4 Simple Ways to Improve Your Credit Rating]]></title><link>http://www.finweb.com/banking-credit/4-simple-ways-to-improve-your-credit-rating.html</link><description><![CDATA[Your credit score is the single most important factor in determining interest rates and eligibility for credit. If your score is not up to par, following a few simple steps to improve your credit rating can save you money in the long run. 1. Pay on Time Paying your bills on time is an easy way to bring up your score. Payment history determines 35% of your score, so paying on time is the single best way to raise a score. Setting up automatic drafts can help those who are forgetful about due dates. You can have your bank send...]]></description><pubDate>April  6, 2011  7:52 PM</pubDate></item><item><title><![CDATA[Features to Look for in Credit Building Credit Cards]]></title><link>http://www.finweb.com/banking-credit/features-to-look-for-in-credit-building-credit-cards.html</link><description><![CDATA[ Credit building credit cards can be the first step to establishing credit or re-establishing your credit score. Most credit cards fall into the category of &quot;revolving debt.&quot; This means you can use the credit line as you see fit, paying down as much as you can afford on a monthly basis and revolving any debt you cannot pay off until a later date. It is important to have some revolving debt on your credit report, so these credit cards can be a great tool if they include the right features. No Prepay Options A prepay credit card may seem...]]></description><pubDate>February 23, 2011  4:22 AM</pubDate></item><item><title><![CDATA[Building Small Business Credit Without Personal Credit]]></title><link>http://www.finweb.com/banking-credit/building-small-business-credit-without-personal-credit.html</link><description><![CDATA[ Building small business credit can be difficult without personal credit. You need credit in order to create cash flow to start and maintain your business. Good credit will also provide with added perks, such as lower interest rates and lower payments for your loans. Follow a few tried and true ideas to build your credit and get your credit up and running for your business. Get Incorporated It is important to separate your business from your personal credit. Forming a corporation, or LLC (limited liability company), is a way to get credit for your business. With these entities, lenders...]]></description><pubDate>February 23, 2011  4:21 AM</pubDate></item><item><title><![CDATA[A 3-Step Guide to Establish Small Business Credit]]></title><link>http://www.finweb.com/banking-credit/a-3-step-guide-to-establish-small-business-credit.html</link><description><![CDATA[ During your first year of operation, it is key to establish small business credit. If you have not done so, you can begin to build your credit base at any point in your business cycle. You may think you do not need a good credit score as a business. But, in order to expand and keep pace with your competitors, you will want to leverage your assets. This is considered a good business policy because, without leveraging, you may be holding yourself back from potential profits. Once you realize the importance of a good credit score, you can set...]]></description><pubDate>February 23, 2011  4:20 AM</pubDate></item><item><title><![CDATA[5 Ways to Build Credit for Low-Income Workers]]></title><link>http://www.finweb.com/banking-credit/5-ways-to-build-credit-for-low-income-workers.html</link><description><![CDATA[ Even if you earn a low income, there are several ways to build credit within your affordable limit. Credit is not linked to income. You have a wonderful opportunity to be a strong borrower, enhancing your financial resources despite your income level. Consider these techniques to enhance your credit at any income level. #1 Avoid Bad Debt First things first: avoid bad debts. Bad debts have one of three main criteria: one, you cannot afford them; two, they do not build your asset base; three, they do not help your credit score. In order to qualify as a &quot;smart&quot;...]]></description><pubDate>February 23, 2011  4:18 AM</pubDate></item><item><title><![CDATA[4 Signs a Credit Management Program Is a Scam]]></title><link>http://www.finweb.com/banking-credit/4-signs-a-credit-management-program-is-a-scam.html</link><description><![CDATA[ A credit management program is designed to help you get out of debt and save your credit score. These programs are aimed at individuals with high levels of debt who fear they may be unable to resolve the debt independent of assistance. The credit manager will, ideally, pay the creditors, either in full or in part, in order to suspend collections. In turn, you pay the credit manager. Ideally, the sum you end up paying is lower than what you originally owed. However, this is not always the case. If you are working with an unethical agency, you may...]]></description><pubDate>February 23, 2011  4:17 AM</pubDate></item><item><title><![CDATA[3 Tips to Get Out of Debt Fast]]></title><link>http://www.finweb.com/banking-credit/3-tips-to-get-out-of-debt-fast.html</link><description><![CDATA[ In order to get out of debt fast, there are many different strategies that you could potentially use. Regardless of what strategy you use, the important thing is that you eliminate the debt as quickly as possible. Here are a few tips to get out of debt fast. 1. Debt Consolidation If you have your debt spread out over multiple sources, you should consider consolidating it into one place. You can do this through the use of a debt consolidation loan. By consolidating your debt, you will potentially be able to lower your interest rates and avoid any confusion...]]></description><pubDate>May 13, 2010  4:36 AM</pubDate></item><item><title><![CDATA[Debtors Anonymous:  A Twelve Step Program for People in Debt]]></title><link>http://www.finweb.com/banking-credit/debtors-anonymous-a-twelve-step-program-for-people-in-debt.html</link><description><![CDATA[ Debtors Anonymous is an organization that tries to help individuals get out of debt and stop incurring new debt. This is an organization that has some solid ideas and fundamentals that they try to teach individuals. Here are the basics of Debtors Anonymous and how they help people with debt. Debtors Anonymous Debtors Anonymous is a private organization that is not affiliated with any other institutions or denominations. In order to become a member of Debtors Anonymous you only have to have a strong desire to stop incurring debt. In order to join, you will not have to pay...]]></description><pubDate>May  9, 2010  4:27 AM</pubDate></item><item><title><![CDATA[3 Tips to Getting the Most Out of Rapid Rescoring]]></title><link>http://www.finweb.com/banking-credit/3-tips-to-getting-the-most-out-of-rapid-rescoring.html</link><description><![CDATA[ Rapid rescoring is a relatively new technique that many people are using to quickly rescore their credit file. This practice can be beneficial in a number of different situations. Here are a few tips on getting the most out of rapid rescoring.&amp;nbsp; 1. Choose a Reputable Company When you are considering utilizing a rapid rescoring service, you will want to make sure that you choose a reputable company to work with. There are many companies out there that advertise that they can fix your credit in 24 hours. Many of these companies are not legitimate and they will only...]]></description><pubDate>May  1, 2010  4:16 AM</pubDate></item><item><title><![CDATA[Improve Your Credit in 6 Short Months]]></title><link>http://www.finweb.com/banking-credit/improve-your-credit-in-6-short-months.html</link><description><![CDATA[ If you are trying to improve credit, you are definitely not alone. With damaged credit comes a much more difficult life. You have trouble buying things that you need and living the life that you choose. Therefore, it is in your best interest to take the necessary steps to rebuild your credit. If you stick to a plan and do the right things, you could potentially notice some differences in your credit score in as little as six months. Here are a few steps towards rebuilding your credit quickly.&amp;nbsp; Pay Your Bills Paying your bills on time is the...]]></description><pubDate>February  6, 2010  4:56 PM</pubDate></item><item><title><![CDATA[Are Subprime Lenders Now Credit Repair Organizations?]]></title><link>http://www.finweb.com/banking-credit/are-subprime-lenders-now-credit-repair-organizations.html</link><description><![CDATA[ Credit repair organizations are in the business of assisting borrowers in improving their credit ratings. As banks and other lenders have gained control of the debt created by subprime lenders and lawmakers address the rules that led to this form of lending, subprime lenders have become a relic of the past. Subprime lenders made loans at high interest rates to bad credit borrowers. Some of these loans were seen as excessive in fees and charges. Subprime Lending Subprime lenders are not engaged in the same business as credit repair organizations. The lending concerns that arose in the mid part...]]></description><pubDate>November 30, 2009  3:34 PM</pubDate></item><item><title><![CDATA[How Much Of A Problem Is Bad Credit?]]></title><link>http://www.finweb.com/banking-credit/how-much-of-a-problem-is-bad-credit.html</link><description><![CDATA[ A bad credit problem is a situation in which an individual has a negative history of making payments on accounts that are reported to credit bureaus. Bad credit can result from a number of different causes and it can have impacts that are rather far reaching in life. What Defines A Bad Credit Problem? Some of the big issues that mar people&amp;#8217;s credit scores and history include: Failure to pay on credit cards and other accounts Repossession of vehicles and/or other secured purchases Foreclosure Bankruptcy A bad credit problem can also result when a person has an extremely high...]]></description><pubDate>November 19, 2009  3:46 PM</pubDate></item><item><title><![CDATA[Debt Consolidation If You Already Have Poor Credit]]></title><link>http://www.finweb.com/banking-credit/debt-consolidation-if-you-already-have-poor-credit.html</link><description><![CDATA[ If you are dealing with debt consolidation with poor credit, then you already know that it is a bit more difficult to obtain. The whole reason that people need debt consolidation is to get them out of the debt trouble they have already gotten into. By being able to consolidate a couple of credit cards into one lower payment, you can pay off your cards off faster. Credit Card Consolidation One way that you can try to consolidate some of your credit card debt or other large bills is to consolidate it to one or two higher limit credit...]]></description><pubDate>October 28, 2009  3:46 PM</pubDate></item><item><title><![CDATA[Buoy Your Business Through Credit Consolidation]]></title><link>http://www.finweb.com/banking-credit/buoy-your-business-through-credit-consolidation.html</link><description><![CDATA[ Business credit consolidation is a good option for those with a lot of business related debt. Having less debt will give your business a greater cash flow, allowing you more flexibility for your business needs. Most debt consolidation lenders will offer special programs designed specifically for businesses. These programs work differently than consumer programs. Since businesses need to rely on existing relationships with lenders, it's important to not allow these relationships default. A traditional business debt consolidation loan will allow a business owner to pay off existing debt over a reasonable amount of time without damaging the current relationships....]]></description><pubDate>October 28, 2009  3:45 PM</pubDate></item><item><title><![CDATA[Who Can Realistically Get An Unsecured Credit Consolidation?]]></title><link>http://www.finweb.com/banking-credit/who-can-realistically-get-an-unsecured-credit-consolidation.html</link><description><![CDATA[ It is possible for many different people to get unsecured credit consolidation. You will however, need to have a very high credit score. Unsecured loans for credit consolidation or any other purpose are reserved for those that have proven that their credit worthiness. If you can obtain an unsecured loan or line of credit then that would mean that your debt has not gotten bad enough to affect your credit score yet. Unsecured debt relief is hard to come by since it is such high risk. Unsecured Loan Types Unsecured personal loans and unsecured debt consolidation loans are loans...]]></description><pubDate>October 28, 2009  3:44 PM</pubDate></item><item><title><![CDATA[How To Validate A Credit Consolidation Company]]></title><link>http://www.finweb.com/banking-credit/how-to-validate-a-credit-consolidation-company.html</link><description><![CDATA[ When looking into a credit consolidation company, there are a number of things you need to know and ask. There are a number of credit consolidation companies out there that differ remarkably so it is important for you to be able to recognize a good company from the credit consolidation scams. Track Record, Rating, and Accreditation Look at their track record and business standing. Obtain testimonials from customers so you can hear firsthand about how the company works. Find out if the company is recognized by the Better Business Bureau and what their rating is. Many people prefer to...]]></description><pubDate>October 28, 2009  3:42 PM</pubDate></item><item><title><![CDATA[Consolidation Credit Counseling - What Do They Usually Advise?]]></title><link>http://www.finweb.com/banking-credit/consolidation-credit-counseling---what-do-they-usually-advise.html</link><description><![CDATA[ When you are looking for the right credit card consolidation company it is important that you trust the company that you are dealing with.&amp;nbsp; It is also important to know what to look for so that you don&amp;rsquo;t get taken advantage of. Below are a few tips on what to watch for when you are dealing with a credit card consolidation company. What to Watch Out For Consolidation credit counseling is a service that will provide you with help on getting out of debt. This is for help with credit card debt as well as any other type of...]]></description><pubDate>October 28, 2009  3:41 PM</pubDate></item><item><title><![CDATA[Smart And Prudent Paths To Credit Consolidation]]></title><link>http://www.finweb.com/banking-credit/smart-and-prudent-paths-to-credit-consolidation.html</link><description><![CDATA[ When you are considering credit consolidation, you should know the different paths and the risks involved with a debt consolidation company. You need to do research and choose the best path for you to financial freedom. Credit consolidation helps you with your financial future and various company offers offer different services so be sure to examine each offer and match it up to your needs. Different Programs Offered Debt reduction consolidation offers one loan that will consolidate multiple credit cards. The loan will offer a way to get out of the debt quicker. The programs for debt consolidation are:...]]></description><pubDate>October 28, 2009  3:40 PM</pubDate></item><item><title><![CDATA[The Benefits Of Getting Help - Consumer Credit Consolidation]]></title><link>http://www.finweb.com/banking-credit/the-benefits-of-getting-help---consumer-credit-consolidation.html</link><description><![CDATA[ Consumer credit consolidation goes hand in hand with consumer credit counseling debt consolidation. If you are planning on trying to consolidate your debt into one manageable payment, then there are many benefits to getting help from a recommended debt management credit counseling service. They can help you to understand the different pitfalls that will accompany you into the world of trying to live debt free and how to overcome them. Pit Falls One of the most common pit falls is the credit habit. That is, a consumer trying to get out of debt that has the constant urge to...]]></description><pubDate>October 28, 2009  3:39 PM</pubDate></item><item><title><![CDATA[Consumer Credit Relief - Advice You Normally Pay For]]></title><link>http://www.finweb.com/banking-credit/consumer-credit-relief---advice-you-normally-pay-for.html</link><description><![CDATA[ Consumer credit relief tend to refer to businesses that help to provide credit counseling&amp;nbsp; to individuals who have had trouble with debt or are currently in trouble with debt. Usually this means that they are in over their heads with payments and can only afford the minimum payments. The stress is or already has had an impact on their credit history. Pay Off One at a Time When you are trying to pay off debt, it is suggested that you pay off one debt at a time. Do not try to pay more on each balance but rather pay...]]></description><pubDate>October 28, 2009  3:38 PM</pubDate></item><item><title><![CDATA[Differentiating Credible And Noncredible Consumer Credit Assistance Firms]]></title><link>http://www.finweb.com/banking-credit/differentiating-credible-and-noncredible-consumer-credit-assistance-firms.html</link><description><![CDATA[ When obtaining consumer credit assistance, it is crucial for the sake of your own finances and credit that you know how to find a credible source of consumer credit assistance. There are a number of factors to consider before going with a particular credit assistance program organization. Below are a few tips to bear in mind as you search for the right credit assistance. Track Record and Experience This is perhaps the most important aspect in differentiating credible consumer credit assistance from the non-credible. There is absolutely no reason not to ask for some form of track record for...]]></description><pubDate>October 28, 2009  3:36 PM</pubDate></item><item><title><![CDATA[2 Options In Dealing With Consumer Credit Problems]]></title><link>http://www.finweb.com/banking-credit/2-options-in-dealing-with-consumer-credit-problems.html</link><description><![CDATA[ When talking about consumer credit problems, there are two particular problems that it always boils down to. Either you have no credit at all, and thus can&amp;rsquo;t find a way to take out a credit line and build your credit. Or, you have a poor credit history. Below are a couple of methods for dealing with both of these issues. Building Credit Good credit isn&amp;rsquo;t built overnight, whether you currently have no credit or bad credit. While many personal banking lenders and credit card companies will refuse to deal with you under regular circumstances, many times you can reach...]]></description><pubDate>October 28, 2009  3:34 PM</pubDate></item><item><title><![CDATA[3 Commonly Overlooked Places - Finding Consumer Credit Help]]></title><link>http://www.finweb.com/banking-credit/3-commonly-overlooked-places---finding-consumer-credit-help.html</link><description><![CDATA[ There are a number of reasons that somebody might actively seek out consumer credit help. Whether they are checking the accuracy of their credit report, trying to protect their financial information, or finding a way out of longstanding debt. Sometimes, when dealing with credit issues, it may feel like you are alone and fighting an endlessly uphill battle. But before you give up, there are a few commonly overlooked places that you can get help with consumer credit. The Federal Trade Commission The entire purpose in the existence of the Federal Trade Commission is to protect America&amp;rsquo;s consumers. One...]]></description><pubDate>October 28, 2009  3:33 PM</pubDate></item><item><title><![CDATA[Does A Consumer Credit Council REALLY Contribute Anything?]]></title><link>http://www.finweb.com/banking-credit/does-a-consumer-credit-council-really-contribute-anything.html</link><description><![CDATA[ As with any business that does not offer a physical product, many people question the value of going to a consumer credit council. The assumption often made is that they aren&amp;rsquo;t going to learn anything new, that they are going to be charged an arm and a leg to be told useless information. Before we can begin to know whether they are worth the effort, we first need to understand exactly what it is a consumer credit council does. The Purpose of a Consumer Credit Council Generally speaking, a consumer credit council seeks to advise and educate clients regarding...]]></description><pubDate>October 28, 2009  3:32 PM</pubDate></item><item><title><![CDATA[The Peril Of Consumer Credit: To Drown In Debt]]></title><link>http://www.finweb.com/banking-credit/the-peril-of-consumer-credit-to-drown-in-debt.html</link><description><![CDATA[ Consumer credit debt is a part of most individual&amp;rsquo;s lives. Whether you have a small credit card for getting gas or a loan for your car you have a consumer credit debt. Many individuals feel that using other people&amp;rsquo;s money, i.e. the lender, is a way to get ahead, to get the things that you want or need but cannot afford outright. Others feel that if you do not have the cash on hand then you do not get what you need until the cash is in hand. It is a very simple thing to do, get your first...]]></description><pubDate>October 28, 2009  3:31 PM</pubDate></item><item><title><![CDATA[How Often are Credit File Repairers Truly Successful?]]></title><link>http://www.finweb.com/banking-credit/how-often-are-credit-file-repairers-truly-successful.html</link><description><![CDATA[There are no statistics available regarding credit repair service success rates. When you visit the websites of companies that offer credit repair, they offer testimonials, but do not offer success rates. The companies advertise that they very successful in repairing credit files and assisting consumers with bad credit. There are no third-party rating organizations for credit file repair companies, so the best judgment of the consumer should act as a guide to determining whether the service is successful or not.Information on a Credit File Repairer&amp;rsquo;s SuccessCredit repairers that promise success and use promissory language should be looked at with caution,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Free Credit Repair Manuals For You To Download]]></title><link>http://www.finweb.com/banking-credit/free-credit-repair-manuals-for-you-to-download.html</link><description><![CDATA[A credit repair manual provides information concerning the process to repair consumer credit.&amp;nbsp; These manuals are available at many different sites.&amp;nbsp;The best manuals available are those provided through the Federal Trade Commission (FTC) and Internal Revenue Service (IRS).&amp;nbsp; Both of these agencies are charged with protecting and safeguarding the interests of consumers against credit reporting agencies.Free Government InformationThe FTC provides many manuals addressing issues concerning credit repair that are available free through their website at FTC.gov. Similar information is provided on the IRS.gov website. There is a significant amount of information about credit repair companies, the credit process and credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Free Samples of Credit Repair Letters]]></title><link>http://www.finweb.com/banking-credit/free-samples-of-credit-repair-letters.html</link><description><![CDATA[There are many free credit repair letters available online.&amp;nbsp;These letters are designed to address issues that appear on your credit report, including any errors reported.A sample letter concerning items reported in error on a credit report may read:I am requesting that you investigate the following items listed below that I believe are on my credit bureau report in error. The accounts listed below have been paid in full and do not reflect my current and accurate credit history. These inaccuracies have created harm to my credit rating.[List of item(s) in error]Creditor/Subscriber Name&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp;&amp;nbsp; Account #In addition to the above information, please...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What are the Limits of Legal Credit Repair Services?]]></title><link>http://www.finweb.com/banking-credit/what-are-the-limits-of-legal-credit-repair-services.html</link><description><![CDATA[Legal credit repair services are designed to provide debtors with a way to address their outstanding debt obligations and remove errors and mistakes that appear on their credit reports. Legal credit repair services work within the confines of the Fair Credit Reporting Act and other laws to help debtors address their situation and seek relief through reorganization and restructuring of debt.Limits on Legal Credit Repair ServicesA legal credit repair service will assist a consumer with the process of removing credit report errors, including preparing a rapid rescore request to remove an error.&amp;nbsp;The work done by a legal credit repair service...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Biggest Life Changes that Personal Credit Repair Entails]]></title><link>http://www.finweb.com/banking-credit/the-biggest-life-changes-that-personal-credit-repair-entails.html</link><description><![CDATA[Personal credit repair issues commonly surface when life altering events occur. &amp;nbsp;Two of the most common life-altering events that affect credit are death and divorce. Because both events bring substantial financial change, many times, the change requires the assistance of a professional credit counselor. With the assistance of a counselor, a person&amp;nbsp; can once again begin to manage their affairs and get back on solid financial footing.Life Change #1: Death of a SpouseA non-working spouse faced with death, must handle the family finances alone. The daunting task can lead to bankruptcy or financial disaster.&amp;nbsp;Credit counselors and repair services can help...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Free, Little-Known Credit Repair Tips]]></title><link>http://www.finweb.com/banking-credit/free-little-known-credit-repair-tips.html</link><description><![CDATA[Free credit repair tips generally come from lenders and other creditors. Most other credit advice comes from people who want to be paid in exhange for the information they offer. Credit repair is challenging because it relies on many different factors. These factors include: the debt to income ratio, how many on time payments have been made, how many late payments have been made and how late they are, how many accounts are open, how old the accounts are, and even how many times the credit file has been accessed in attempts to gain more credit.If you're looking to repair...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Where can You Study about Credit Repair in Depth?]]></title><link>http://www.finweb.com/banking-credit/where-can-you-study-about-credit-repair-in-depth.html</link><description><![CDATA[Studying credit repair can include federal government sites. The government has established specific agencies responsible for consumer debt. Also, the three major agencies responsible for reporting debt are Equifax, Experian and TransUnion have included information about credit repair.Federal Trade Commission (FTC)The FTC is the government watchdog charged with the responsibility of protecting consumer rights and helping manage credit.&amp;nbsp;The agency provides detailed manuals, regarding different aspects of credit repair, including processes and procedures for handling consumer debt and repairing credit.&amp;nbsp;The FTC offers many PDF files on the topic of credit repair that are easily downloaded.Credit Reporting BureausEach of credit reporting bureaus...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Maximize Success in Credit Repair Disputes]]></title><link>http://www.finweb.com/banking-credit/how-to-maximize-success-in-credit-repair-disputes.html</link><description><![CDATA[A consumer can maximize their success in a credit repair dispute by presenting information that proves that an error has occurred. A consumer should be able to document and present a well-written letter regarding the error. Also, the issues should be promptly presented to the credit reporting bureau.&amp;nbsp;Removing errors from a consumer credit report is one of the ways a consumer can raise their credit score and improve their chances to qualify for lower interest rates and loans.Write a LetterMaximizing success in a credit repair dispute starts with writing a persuasive, respectful but strongly-worded letter that outlines the nature of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Much Does Credit Repair Training Teach Someone?]]></title><link>http://www.finweb.com/banking-credit/how-much-does-credit-repair-training-reach-someone.html</link><description><![CDATA[Credit repair training can teach consumers much about how the credit process works. The information that is provided by each company will vary because there are many courses available.What a Credit Repair Training Should TeachA credit repair training course should teach a consumer about how credit works.&amp;nbsp;The training should provide information about a consumer&amp;rsquo;s rights under the Fair Credit Reporting Act and explain how items are reported to a credit report.&amp;nbsp;It should also help a consumer understand the elements of the credit report and how the FICO score is determined.How to Access and Fix a Credit ReportAll consumers are entitled...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How do Credit Repair Companies Find Prospective Leads?]]></title><link>http://www.finweb.com/banking-credit/how-do-credit-repair-companies-find-prospective-leads.html</link><description><![CDATA[A credit repair company acquires credit repair leads from a variety of sources. A lead is a prospective customer that may benefit from the services of a credit repair service provider. A lead is important to the company because it gives the company the opportunity to market its services and create a client relationship.Banks and Credit Card CompaniesBanks and credit card companies are primary sources of leads for a credit repair company because they have an interest to assist their customers. Their customers may have problems paying their bills on a timely basis. The company provides a customer list of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Free Walk-in Sources of Credit Repair Advice]]></title><link>http://www.finweb.com/banking-credit/free-walk-in-sources-of-credit-repair-advice.html</link><description><![CDATA[Free credit repair advice can be obtained by a variety of sources. These companies are &amp;nbsp;interested in helping consumers fix their credit and get back on the path toward financial stability.&amp;nbsp;These sources include banks, credit unions and non-profits specializing in consumer debts.&amp;nbsp;There are also local, state and federal government agencies, such as the Federal Trade Commission and Internal Revenue Service that provide information concerning consumer debt and provide credit repair advice.Banks and Credit UnionsA bank and credit union often provide information through personal bankers and loan officers for their customers concerning credit repair services and options.&amp;nbsp;A bank and credit union...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Some of the Most Popular Credit Repair Forums]]></title><link>http://www.finweb.com/banking-credit/some-of-the-most-popular-credit-repair-forums.html</link><description><![CDATA[A popular credit repair forum provides information on how consumers can control their credit.&amp;nbsp;This includes managing debt, checking credit reports and renegotiating interest rates on loans and credit cards. Additionally credit repair forums give advice to consumer on how to address repair situations on their own or with the assistance of a professional credit repair service.Federal Trade Commission ForumsThere are no particular sites or services that are better in providing this information than others, although the Federal Trade Commission (FTC) provides a good source of information concerning credit repair. Through the FTC site a consumer can access free information regarding...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[2 Unconventional Credit Repair Techniques That Might Work]]></title><link>http://www.finweb.com/banking-credit/2-unconventional-credit-repair-techniques-that-might-work.html</link><description><![CDATA[There are at least 2 unconventional credit repair techniques that may help an individual with a bad credit report fix their credit. It should be noted that any credit repair service that offers to remove information from a credit report should be scrutinized in order to determine the validity of their claim. Legitimate information on a credit reporting concerning an outstanding debt obligation cannot be taken off of a credit report. Any claim to the contrary may be a fraudulent scheme and should be reported immediatelyRemoving Erroneous InformationConsumers should review their credit reports on an annual basis in order to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Are There Reputable Credit Repair Kits For Sale?]]></title><link>http://www.finweb.com/banking-credit/are-there-reputable-credit-repair-kits-for-sale.html</link><description><![CDATA[Credit repair kits are available in many different stores. One of the most famous options is &amp;quot;Credit Repair Kit for Dummies,&amp;quot; which promises to have everything you need to repair your credit. While these kits may have the best intentions, there really is no reason to pay for the materials they offer.Everything that can be found inside a credit repair kit, such as: the credit dispute letters, information on how to improve your credit score and how to protect yourself against from identity theft, can be found for free online. There is no magic cure to repairing credit and there...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Quick Credit Repair Vs. Slow Credit Repair]]></title><link>http://www.finweb.com/banking-credit/quick-credit-repair-vs-slow-credit-repair.html</link><description><![CDATA[There are services that offer quick credit repair services offered to consumers to address their credit situation. These services make promises that items that appear on a consumer credit report can be removed immediately or within a short period. These services differ from slow or traditional credit repair, which takes more time to remove errors or address past due debt obligations.Quick Credit versus Slow Credit RepairA quick credit repair service can be as legitimate as a slow credit repair service. A critical eye should be taken to any service that advertises itself as a quick credit repair service in order...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Should You Ever Submit Credit Repair Sample Letters?]]></title><link>http://www.finweb.com/banking-credit/should-you-ever-submit-credit-repair-sample-letters.html</link><description><![CDATA[Credit repair sample letters can be helpful when addressing outstanding debt obligations on credit reports or requesting the removal of an error.&amp;nbsp;They should be used as long as the consumer can verify that the quality of the letter is adequate to address their concern or issue.&amp;nbsp;FTC and IRS LettersThe Federal Trade Commission (FTC) and Internal Revenue Service (IRS) both provide booklets and guides for addressing the credit repair issues of a consumer.&amp;nbsp;Included in these guides are sample letters that can be sent to creditors, credit reporting bureaus and credit repair services.&amp;nbsp;The types of letters available through the FTC and IRS...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Who Gets A New Credit File? Anyone?]]></title><link>http://www.finweb.com/banking-credit/who-gets-a-new-credit-file-anyone.html</link><description><![CDATA[Generally speaking, nobody would get a new credit file. The credit files that people have right now are based on social security numbers and there is no way for you to legally change your social security number. There are ways for you to take advantage of loopholes in the various procedures that companies go through, but keep in mind that what you would be doing would be technically illegal since you have to knowingly make false statements about your previous credit history in order to take advantage of those loopholes.ExceptionsThere are certain exceptions to this rule, but the only one...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What are the Forms that Credit Repair Companies Mail?]]></title><link>http://www.finweb.com/banking-credit/what-are-the-forms-that-credit-repair-companies-mail.html</link><description><![CDATA[A credit repair form is used by credit repair companies to remove credit report errors from an individual&amp;rsquo;s credit report.&amp;nbsp;Most forms that are used to address a person&amp;rsquo;s credit report are sent electronically because it is a more efficient way to transmit information. The need for regular mail systems arises when original documents must be sent to remove a disputed credit item.Rapid Rescore FormThe rapid rescore form allows an error to be removed within 3 to 5 days upon receipt of a request form. This information needs to be sent by a credit repair company that uses the rapid rescore...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Build Up A New Credit Profile]]></title><link>http://www.finweb.com/banking-credit/how-to-build-up-a-new-credit-profile.html</link><description><![CDATA[The first thing you need to do in this area is to ignore anyone that tells you that building a new credit profile is difficult to do. The truth is that regardless of whether you are a business or an individual, building up a credit profile is ridiculously simple to do. It involves creating a high volume of successful credit operations.Use Individual Profiles as a GuideThink back to what you did when you were building up your own credit profile.&amp;nbsp; Doing things like paying bills on time helped a lot.&amp;nbsp; Also, the use of a credit card and the subsequent...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[People Who Can Guide You Through Credit Repair]]></title><link>http://www.finweb.com/banking-credit/people-who-can-guide-you-through-credit-repair.html</link><description><![CDATA[A credit repair guide can help a person with damaged credit get access to services and programs that can help repair credit. The available guides discuss access in consumer debt issues and the types of services that help consumers and creditors come together and find mutually-agreed solutions to a person&amp;rsquo;s debt situation.Types of Credit Repair ProvidersSuch people who serve as a credit repair guide includes a banker, non-profit credit repair specialist or a government representative that works with a local, state or federal government consumer credit agency.&amp;nbsp;The guides can provide advice and information concerning credit repair that ranges from free...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Instant Credit Repair: Correcting Mistakes Through Rapid Rescore]]></title><link>http://www.finweb.com/banking-credit/instant-credit-repair-correcting-mistakes-through-rapid-rescore.html</link><description><![CDATA[Rapid credit rescore is being touted as the best way to repair a credit score. This service works to instantly remove erroneous or false information from a consumer credit report. The rescore process works with the three major consumer credit bureaus to eliminate and correct person's Fair Isaacs Corporation or FICO score reported to the 3 major consumer credit bureaus.About Rapid RescoreWith rapid credit rescore, a score can be updated and changed within a period of 3 to 5 days.&amp;nbsp; This services works between a consumer and the 3 major credit bureaus, which are Equifax, Experian and TransUnion. The service...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is 'Credit Repair Specialist' As Dishonest As 'Loan Specialist'?]]></title><link>http://www.finweb.com/banking-credit/is-credit-repair-specialist-as-dishonest-as-loan-specialist.html</link><description><![CDATA[Neither a loan specialist nor a credit repair specialist is dishonest by profession. There are good and bad companies that provide both of these services and the important thing is to take the necessary precautions to assure you are working with the good guys.Why the Bad Reputation?Loan specialists and credit repair specialists both have bad reputations thanks to predatory companies who take advantage of people in bad financial situations. People in need of loans and people in need of credit repair usually are very vulnerable financially, and they often do not have complex financial knowledge to make the best decisions....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Do Online Credit Repair Programs Cost Less?]]></title><link>http://www.finweb.com/banking-credit/do-online-credit-repair-programs-cost-less.html</link><description><![CDATA[Online credit repair programs are offered to individuals with bad credit as a way to fix a credit report in order for the person to qualify for loans or seek employment opportunities. These programs allow an individual to enter information concerning their outstanding debts and negotiate these obligations into an easy payment schedule.Cost for an Online Credit Repair ProgramThe cost for online credit repair programs varies depending on the program or service provider.&amp;nbsp; The most typical price for an online credit repair program is $29.95. Given the number of services that hold themselves out to the public as online credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is Credit Repair The New Big Business Opportunity?]]></title><link>http://www.finweb.com/banking-credit/is-credit-repair-the-new-big-business-opportunity.html</link><description><![CDATA[A credit repair business opportunity exists in areas with record levels of foreclosures. The opportunity for education is available and can help consumers repair their credit and move toward financial stability and responsibility. Opening a credit repair business may be a smart way to capitalize on the need for professional assistance and engage in a worthwhile business opportunity.The Need for Credit RepairThere are many individuals who require the assistance of a professional financial advisor or counselor that understands how the money and banking systems work. The professional can advise them about the effects of bad credit. Bad credit not only...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Complicated World Of Credit Repair Services]]></title><link>http://www.finweb.com/banking-credit/the-complicated-world-of-credit-repair-services.html</link><description><![CDATA[The need for better credit scores have many people turning to companies that offer repair credit services. There are many benefits that a repair service can offer. They will review your report and offer suggestions to improve your rating and history. They will look for errors and find ways to improve your credit score, no matter what the circumstances of the report show.Repairing your Credit ReportMany times inaccurate items are reported on your credit report. Closed accounts may be reported as open accounts, there may be duplicated entries or credit limits are reported erroneously, either too high or too low....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Non-Profit Organizations That Offer Free Bad Credit Repair?]]></title><link>http://www.finweb.com/banking-credit/non-profit-organizations-that-offer-free-bad-credit-repair.html</link><description><![CDATA[Free credit repair can seem like a godsend if you have bad credit. Hundreds of organizations promise to fix your credit problems, allowing you to move on with your life. However, you have to be careful where you go. Otherwise, you may wind up stuck with more debt than ever.Bad Credit and Credit RepairRepairing bad credit is a long, arduous process. You need to prove that you will be able to handle credit more responsible than you have in the past. It would take several years. Then, you will have to wait seven years until your past credit mistakes are...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Using Your Home Business To Leverage Credit Repair]]></title><link>http://www.finweb.com/banking-credit/using-your-home-business-to-leverage-credit-repair.html</link><description><![CDATA[An individual looking for an entrepreneurial opportunity may want to consider a credit repair home business. With the number of foreclosures and adverse credit actions that have taken place, a business opportunity exists for an entrepreneurial individual who wishes take advantage of this emerging market and make a decent living for themselves. Leveraging a home business to provide credit repair services may be viable provided the business owner takes a few steps.Establish CredibilityA person interest in going in the credit repair business should have a background in banking, lending, finances or the ability to acquire knowledge necessary to assist potential...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is it a Problem When Credit/Debt Fuels the Economy?]]></title><link>http://www.finweb.com/banking-credit/is-it-a-problem-when-credit-debt-fuels-the-economy.html</link><description><![CDATA[There are times of surplus and times of debt. Over time, the two should balance out, but the credit debt problem has caused most people to have more debt than they are capable of managing.Proper use of credit actually fuels economic growth, which is why the government never offers bailouts to individual citizens to get them and keep them out of debt. Your debt spending creates jobs, spurs industry growth, and keeps the economy flourishing. There is a fine line, however, between the positive attributes of a debt driven economy and the negative. While making major purchases with credit debt,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Where Are Credit Repair Courses Offered?]]></title><link>http://www.finweb.com/banking-credit/where-are-credit-repair-courses-offered.html</link><description><![CDATA[A credit repair course can be offered in nearly any facility or location that is large enough to host meetings or lectures. This includes a college or university, community college, adult education center, community center or bank and business meeting room. The location of a credit repair course offering all depends on the needs of the provider and the facility available to hold the meeting.Credit Repair Course ProvidersA bank or lending institution interested in educating its customer base can provide a credit repair course. It can also be sponsored by a governmental agency, such as the Federal Trade Commission (FTC)...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Free Credit Repair Help - Get What You Pay for?]]></title><link>http://www.finweb.com/banking-credit/free-credit-repair-help-get-what-you-pay-for.html</link><description><![CDATA[Non-profit organizations, government agencies and some banks and lenders provide free credit repair help as a way to assist consumer who are experiencing financial difficulty or wish to repair bad credit. These providers may be a good alternative to those individuals who are low-income or unable to pay for the assistance of an accountant, financial professional or attorney that specializes in credit repair issues,Using Free Credit Repair ServicesThat a credit repair service is free does not necessarily mean that it lacks the ability or expertise to address a person&amp;rsquo;s credit repair needs. In many cases, non-profit organizations and government agencies...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Best Credit Repair Services By Results]]></title><link>http://www.finweb.com/banking-credit/the-best-credit-repair-services-by-results.html</link><description><![CDATA[The best credit repair services that are available to consumers are (in order): Veracity Credit, Lexington Law, Ovation Law and Credit Repair Matcher.&amp;nbsp;These services are ranked based on the level of service and results that they achieve for their customers, according to Best Credit Repair Services.org.The Best Credit Repair ServicesVeracity Credit focuses on disputing items in behalf of the consumer in order to produce a more accurate credit report. They do not simply offer to delete items like some credit repair services do but rather work with the credit reporting bureau to remove resolved items and work to address others....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is Doing Credit Repair Yourself Safer?]]></title><link>http://www.finweb.com/banking-credit/is-doing-credit-repair-yourself-safe.html</link><description><![CDATA[&amp;ldquo;Do it yourself credit repair&amp;rdquo; is no more or less safe than using a professional credit repair service. The process of repairing credit involves the same steps whether done by an individual or with the assistance of a professional service. The determinant regarding the use of professional credit repair or DIY is the confidence that an individual has in handling the credit repair process and making changes.Understanding the Credit Repair ProcessA consumer with bad credit or a low credit score should look at what it takes to repair credit and the steps necessary to address their credit situation.&amp;nbsp;This includes obtaining...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Add New Information To A Credit File]]></title><link>http://www.finweb.com/banking-credit/how-to-add-new-information-to-a-credit-file.html</link><description><![CDATA[You will need to establish a new credit file for your small business in order to apply and be approved for many types of business credit cards, business loans and lines of credit. Therefore, it is important that you understand the ways that a new credit file can be established.The Conventional Way - Take Your TimeMany small businesses build their business credit file gradually. Most small businesses are started with savings and borrowed funds borrowed by the small business owner. Also, many purchases and expenses are paid with cash or with a small business owner&amp;rsquo;s personal credit card. However, over...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Good and the Bad of Credit Repair Consultants]]></title><link>http://www.finweb.com/banking-credit/the-good-and-the-bad-of-credit-repair-consultants.html</link><description><![CDATA[There are different types of credit repair consultants, both good and bad, which are no different than individual working in any other industry. Good credit repair consultants have the experience and expertise to assist their clients and meet the credit repair needs. Bad consultants are one who are interested only in making a sale or charging a commission without regard to what may serve their client&amp;rsquo;s needs best.Good Credit Repair ConsultantsGood consultants help a consumer understand their credit situation and explain ways to lower their bills and eliminate some debt.&amp;nbsp;This includes gathering information concerning the customer&amp;rsquo;s current debts, credit reports...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Repair - Is A Person Ever Beyond Self Help?]]></title><link>http://www.finweb.com/banking-credit/credit-repair-is-a-person-ever-beyond-self-help.html</link><description><![CDATA[It is not necessary to work with a credit repair company on every occasion as most can be handled my self help credit repair. By applying what you know to be best-practices and advice from the industry, you can get yourself back on track without paying extra fees or entering lengthy settlement processes. There are a few scenarios when a person is beyond self help, though, and should seek expert assistance.A person qualifies for bankruptcy - When you qualify for bankruptcy legally, it means you are in a bad enough position financially that you are eligible for total debt forgiveness....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is It Possible To Create A New Credit File?]]></title><link>http://www.finweb.com/banking-credit/is-it-possible-to-create-a-new-credit-file.html</link><description><![CDATA[Many people will try to sell you information on how to create a new credit file. This is a carrot of hope dangled in front of millions of Americans that have poor credit and would like a way to start over that does not lead through bankruptcy. However, you cannot legally create a new credit file and those that tell you otherwise are actually breaking a specific law known as the Credit Repair Organizations Act.The Illegality of It AllEquifax, Trans Union and Experian are the three credit reporting agencies responsible for tracking credit scores in the United States.&amp;nbsp; They do...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Free Consumer Credit Advice For When You're Drowning]]></title><link>http://www.finweb.com/banking-credit/free-consumer-credit-advice-for-when-you-re-drowning.html</link><description><![CDATA[When you feel trapped under debt, there are a number of places to go for consumer credit advice without spending a dime. It is important to know that there are always options to get out of debt and rebuild your credit regardless of your credit history. These options may take time and be stressful, but they are there to protect people in similar compromised situations. Some places to go for advice:Government Resources: Fair Credit Reporting Act - This act insists on accuracy in your credit report and is the place to consult when you feel your report is false.&amp;nbsp; Fair...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Much Will Credit Recovery Services Improve Ratings?]]></title><link>http://www.finweb.com/banking-credit/how-much-will-credit-recovery-services-improve-ratings.html</link><description><![CDATA[Many people have fallen behind on payments and are seeking the assistance of credit recovery services to help them gain control of their finances and improve their personal credit situation. There are a variety of services that are available and how much any of these types of services can help you improve your credit rating will depend on many factors and variables. Therefore, here is a list of some of the ways different types of credit recovery services may be able to help you.Consumer Credit Counseling ServicesConsumer credit counseling services generally provide counseling in order to help you create budgets...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Advice for Credit Repair do Government Orgs Give?]]></title><link>http://www.finweb.com/banking-credit/what-advice-for-credit-repair-do-government-orgs-give.html</link><description><![CDATA[A professional credit repair service provides assistance to a consumer with a bad credit report by helping to reduce monthly payments or removing false credit items.&amp;nbsp;A professional credit repair service uses its expertise and experience to aid a consumer in dealing with creditors in order to address outstanding debt and work toward eliminating the item.Professional Credit Repair versus Do-it-YourselfA professional credit repair service may be in a better position to assist consumers with bad credit than the consumer themselves because they have the experience and expertise with the companies. A consumer can seek to address their credit report on their...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[When You Can't Find Help With Credit Problems]]></title><link>http://www.finweb.com/banking-credit/when-you-cant-find-help-with-credit-problems.html</link><description><![CDATA[When you have really bad credit, you often lose that ability to stretch your budget, and often cannot find anyone who is willing to help with your credit problems.There is help out there, if you know where to look. In most cases, you will not be able to resolve bad credit issues with more credit. You need to consider debt consolidation and credit solutions that help you negotiate payoffs on your credit accounts. Non-profit debt counseling agencies can help you develop a repayment plan that will get you out of debt within three to five years. Instead of making multiple...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Do Professional Credit Repair Services Do Anything You Can't?]]></title><link>http://www.finweb.com/banking-credit/do-professional-credit-repair-services-do-anything-you-can-t.html</link><description><![CDATA[A professional credit repair service provides assistance to a consumer with a bad credit report by helping to reduce monthly payments or removing false credit items.&amp;nbsp;A professional credit repair service uses its expertise and experience to aid a consumer in dealing with creditors in order to address outstanding debt and work toward eliminating the item.Professional Credit Repair versus Do-it-YourselfA professional credit repair service may be in a better position to assist consumers with bad credit than the consumer themselves because they have the experience and expertise with the companies. A consumer can seek to address their credit report on their...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How do Online Companies Purport to Repair Bad Credit?]]></title><link>http://www.finweb.com/banking-credit/how-do-online-companies-purport-to-repair-bad-credit.html</link><description><![CDATA[Do you need to know how to repair bad credit? Repairing bad credit can be done online or in person through a credit counseling service or a bank or other lending institution.&amp;nbsp;Online services are popular with many individuals because of its ease of use for many users and the way the process works to help a consumer&amp;rsquo;s credit situation.What Online Companies Purport to DoOnline companies purport to repair bad credit by collecting information from a consumer regarding their outstanding consumer debts.&amp;nbsp; This information is used as a basis for the online company to determine the validity of the debt and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Improve What Your Credit History Says]]></title><link>http://www.finweb.com/banking-credit/how-to-improve-what-your-credit-history-says.html</link><description><![CDATA[You have the right to defend yourself when it comes to your credit report, and taking an active role in managing your credit report is how to improve your credit history significantly. Your credit report is your ticket to purchasing power, and when you apply for credit, what that report says dictates everything from how much borrowing power you have to what kinds of interest rates you pay.Once per year, you are allowed to request a copy of your credit report from each of the three credit reporting agencies, TransUnion, Equifax, and Experian, free of charge. Additionally, any time you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Does A Credit Repair Computer Program Do?]]></title><link>http://www.finweb.com/banking-credit/what-does-a-credit-repair-computer-program-do.html</link><description><![CDATA[A credit repair program allows consumers begin the process of repairing damaged credit.&amp;nbsp;A credit repair program begins by asking questions concerning an individual&amp;rsquo;s debts and other outstanding bills and obligations. The program compiles this information and provides suggestions on how to consolidate debt and lower overall debt obligations.Linking Consumers with CreditorsDepending on how sophisticated a program is, a credit repair computer program can link information provided by a consumer with the individual&amp;rsquo;s creditor.&amp;nbsp;This provides a way to reconcile past debts that have been discharged, but not removed from a person&amp;rsquo;s credit report.&amp;nbsp; This link can also open up a negotiation...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Secrets That Lawyers and Large Credit Repair Facilities Know]]></title><link>http://www.finweb.com/banking-credit/secrets-that-lawyers-and-large-credit-repair-facilities-know.html</link><description><![CDATA[The credit repair secrets that lawyers and large credit repair use entail the elements of a credit score. Understanding how your credit is calculated can help you, as a consumer, better manage your credit to avoid bad situations.Credit Reporting Agencies and FICOConsumer credit scores are maintained by the 3 major credit reporting bureaus, which are Equifax, Experian and TransUnion.&amp;nbsp;Under federal law, a consumer is able to request a free copy of their credit report, which contains their FICO&amp;nbsp; score. FICO scores are numbers between 300 to 850.&amp;nbsp; The higher the score is, the better the credit risk of the consumer.Elements...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Repair Tips That You Should NOT Follow]]></title><link>http://www.finweb.com/banking-credit/credit-repair-tips-that-you-should-not-follow.html</link><description><![CDATA[Many individuals search the internet for credit repair tips that can help them improve their score and report. It is important that everyone is aware of credit repair scams and bad credit repair tips that will not work to improve your credit.Credit Advice to Ignore Always pay more than the minimum. While it is important to reduce your overall debt, it is better to meet the minimum requirements of your credit card agreements than to make late payments. If you don't have enough cash flow to cover more than the minimum, just pay the minimum. Stop paying your bills to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Comparing a Credit Repair Agency Against Other Options]]></title><link>http://www.finweb.com/banking-credit/comparing-a-credit-repair-agency-against-other-options.html</link><description><![CDATA[A credit repair agency will work on your behalf to improve your credit score with the major reporting agencies. They will seek to remove erroneous credit charges, if you can prove purchases made on your credit card were not valid. Using a credit repair agency is not the only way to repair your credit; there are other ways to repair a credit report.Contact the Lender DirectlyClerical error can often lead to a credit mistake. Try calling your credit company or bank to state you did not make a purchase. They will usually have a form you can file to make...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Are Credit Card Management Services Worth The Fees?]]></title><link>http://www.finweb.com/banking-credit/are-credit-card-management-services-worth-the-fees.html</link><description><![CDATA[Credit card management services assist consumers by monitoring credit, providing debt and loan advice and providing access to credit reports. In a day when identity theft runs high and a lot of transactions are completed online, it is wise to monitor your credit to protect yourself from fraud. However, many of these services are themselves fraudulent or may be a waste of money. Look for the following aspect when selecting a credit or debt management agency to ensure you are getting what you need.Access to all Three Credit BureausYour credit score is recorded and monitored by three bureaus: Equifax, Experian...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Common Activities Can Affect Personal Credit History?]]></title><link>http://www.finweb.com/banking-credit/what-common-activities-can-affect-personal-credit-history.html</link><description><![CDATA[Your personal credit history is maintained by the three primary credit reporting bureaus, Equifax, Experian and TransUnion. It contains a record of all your borrowing and any negative activity such late payments and legal actions like foreclosure. Your personal credit history is a prime contributor to your credit score, which helps determine how low an interest rate a lender can offer you.Your Payment HabitsIt is common for credit card borrowers to pay only minimum amounts on their monthly statements. But as you do this your balance increases because of the high interest rate. That, in effect, means you are borrowing...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Repair Your Credit In Suboptimal Times]]></title><link>http://www.finweb.com/banking-credit/how-to-repair-your-credit-in-suboptimal-times.html</link><description><![CDATA[In today&amp;rsquo;s world, knowing how to repair your credit is important. Don&amp;rsquo;t get tricked in to thinking you need to hire. There are many steps you can take to start the process on your own. Here&amp;rsquo;s how you can start.Obtain Your Credit ReportsThe first step in repairing your credit is to obtain copies of your credit report from all three credit bureaus. Plan on sitting down with your credit reports for a while. You need to look through each item and scrutinize it. Highlight any accounts that aren&amp;rsquo;t yours, payments that are shown as late when they weren&amp;rsquo;t, credit cards...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Do Credit Management Services Basically Equal Babysitting?]]></title><link>http://www.finweb.com/banking-credit/do-credit-management-services-basically-equal-babysitting.html</link><description><![CDATA[Credit management services offer subscriptions to consumers who want to keep tabs on their credit scores and watch for identity theft, but many people fear this access takes away an individual's financial freedom. Some credit management services are simple online services offering monthly updates. Others, though, offer hands-on guidance regarding proper financial decisions and credit repair. If you are considering a credit management service, be prepared to expect a degree of watch-fullness over your financial decisions.Advice on Debt and LoansIf you elect to go with an online credit watch service, you will not receive advice prior to seeking loans or...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Repair a Low Credit Score]]></title><link>http://www.finweb.com/banking-credit/how-to-repair-a-low-credit-score.html</link><description><![CDATA[You might be wondering how to repair a credit score. The average credit score (FICO) is approximately 700. If your score is lackluster, do not fret, there are ways to improve your score in the short term and over time.The major factors that make up your credit score, in order of importance, are: Payment History Late Payments on Your Record Amounts Owed The Ratio between Your Current Balance and the Available Credit on Your Card Length of Credit History Age of Your Account New Credit Number of Credit Cards You Have Number of Times You Have Applied for a Credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Optimal Credit Consolidation Services for Someone in Need]]></title><link>http://www.finweb.com/banking-credit/optimal-credit-consolidation-services-for-someone-in-need.html</link><description><![CDATA[With high unemployment and an increasing cost of living, many people are looking at credit consolidation services. First you need to understand what these services are and what they can do to assist you.The Difference between Credit Consolidation and Credit CounselingCredit consolidation is a way to take many if not all of your debts and pay them off with the proceeds from one loan. Credit Counseling Services act more as an advisor that will help you explore your options to manage your debt payments.Credit Consolidation ServicesCredit consolidation services are companies, organizations or agencies that assist people having trouble making their...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Repair Bad Credit History Without Credit]]></title><link>http://www.finweb.com/banking-credit/how-to-repair-bad-credit-history-without-credit.html</link><description><![CDATA[For those who want to repair bad credit history, the main way to do this is by paying off bad credit debts, and working to reestablish credit with a credit card for a bad credit history. Unfortunately, this isn't something people can do overnight, as credit history ultimately takes time to improve. Get a free credit report. This will allow one to see his or her debts and create a budget to allow those debts to be paid. Creating a budget is important because it will keep further debt from accruing. The credit report is important because it will provide...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Are Most Consumer Credit Management Services Legitimate?]]></title><link>http://www.finweb.com/banking-credit/are-most-consumer-credit-management-services-legitimate.html</link><description><![CDATA[Consumer credit management services assist you in making appropriate decisions to keep a healthy financial record. They offer services such as credit watch and alerts, detailed reports outlining your credit score factors and advice on proper spending and loan decisions. The point of these services is to protect the consumer. However, it is a for-profit business model, and companies do have their ow incentive for assisting you. There is also a great chance of identity fraud or theft with personal financial information. This means you must carefully select the service you use to protect your best interest.Commissions and Fee StructuresThere...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can Your Credit Card Improve Credit Scores?]]></title><link>http://www.finweb.com/banking-credit/can-your-credit-card-improve-credit-scores.html</link><description><![CDATA[A credit card will improve credit under certain circumstances: The credit card cannot be maxed out:&amp;nbsp; The total amount of debt a person owes will impact their credit score. Being able to show consistent, on time, payments is an important part of using a credit card to improve credit. If possible, pay off the balance in full each month, or keep the total amount of debt on the card to a minimum. It is important to remember late payments and high balances for extended periods of time will hinder credit. Credit card must remain open for a period of time:...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Use Credit Card Consolidation Services]]></title><link>http://www.finweb.com/banking-credit/how-to-use-credit-card-consolidation-services.html</link><description><![CDATA[There are several advantages to seeking debt consolidation loans to help you manage your credit debt and get your finances under control. The consolidation company can help you lower your payments into manageable monthly payments with less interest. To obtain the assistance of a debt consolidation company, follow these simple steps.Choose the Right CompanyThere are many companies that offer debt relief services, but you should look for a company that is rated with the Better Business Bureau. You should look for positive ratings, such as A or A+ ratings. The company should offer multiple solutions and not try to force...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What To Do When Credit Consolidation Doesn't Help]]></title><link>http://www.finweb.com/banking-credit/what-to-do-when-credit-consolidation-doesn-t-help.html</link><description><![CDATA[Credit consolidation helps people in debt reduce their monthly payments. Consolidation allows you to pay off multiple loans with one lump sum. You receive the lump sum from a new lender, and you begin payments to the new lender. Often, your total principal debt can be reduced, and you will only be responsible for one payment each month, instead of several payments out to various lenders.When to Enter Credit ConsolidationCredit consolidation is not right for all people who have a lot of debt. First, your debt must be from multiple sources for consolidation to help you. If you are not...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Fraud In The Consumer Counseling Credit Service Industry]]></title><link>http://www.finweb.com/banking-credit/fraud-in-the-consumer-counseling-credit-service-industry.html</link><description><![CDATA[A good and reputable consumer counseling credit service can help you get control of your finances and help you to set up a repayment program with your creditors. In addition, they can also teach you better money management techniques and how to better my budget your income and expenses. However, some credit counseling services take advantage of people who are in financial trouble; therefore, you should always use caution when choosing a consumer credit counseling service.The Law and Consumer Credit Counseling ServicesThe Federal Trade Commission prohibits unfair or deceptive acts or practices by credit repair and counseling services. Furthermore, many...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Improve Credit in a Short Time?]]></title><link>http://www.finweb.com/banking-credit/how-to-improve-credit-in-a-short-amount-of-time.html</link><description><![CDATA[There are several simple steps you can take to improve your bad credit when you need to make a fast credit score increase. Your credit rating determines your ability to obtain loans, credit cards, and financing for homes and automobiles. Bad credit can mean increased interest rates on the loans you are able to get but most often prevent you from obtaining the credit you need.One of the first things you should do to improve your credit score is to request a copy of your credit report from the three major credit reporting agencies, TransUnion, Equifax, and Experian. You can...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Advice Do Consumer Credit Consulting Firms Give?]]></title><link>http://www.finweb.com/banking-credit/what-advice-do-consumer-credit-consulting-firms-give.html</link><description><![CDATA[Consumer credit consulting firms offer financial management advice to keep your credit score high and your asset to debt ratio in balance. They consider your credit history and current financial health then make recommendations to improve your fiscal position. Some of those recommendations may include:Appropriate debt limits: You should maintain an overall debt of less than 10% of your assets. At times this will be higher, and a service can help you determine when more debt is appropriate.Total credit used limits: You should keep a balance of less than 5% of your total allowable credit.&amp;nbsp;Number of credit lines open: You...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Should You Get a Home Improvement Loan Despite Bad Credit?]]></title><link>http://www.finweb.com/banking-credit/should-you-get-a-home-improvement-loan-despite-bad-credit.html</link><description><![CDATA[Obtaining home improvement loans with bad credit ratings is possible, but is it always wise? If you are already struggling to pay your debt, getting a second loan on your house may put you at risk for foreclosure, so it is always important to proceed with caution. Often, however, your credit rating does not reflect your true financial state. Because poor credit choices appear on your credit report for several years, your credit rating may still be poor even though your financial situation has changed significantly.A home improvement loan for the construction and remodeling of your home can actually be...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Is The Best Credit Monitoring Service?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-best-credit-monitoring-service.html</link><description><![CDATA[The best credit monitoring service is one that will give you detailed reports from all three reporting agencies. This type of service is best because it is giving you the whole picture of your credit score instead of just a snapshot. A good agency will also monitor your credit to look for signs of identity theft.&amp;nbsp;What is a &amp;quot;Detailed Report?&amp;quot;For a report to be detailed, it needs to illustrate not just what your score is and has been over time but why. This means your report should show you a month-by-month illustration of all positive and negative factors affecting your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What is the Solution to Poor Credit History?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-solution-to-poor-credit-history.html</link><description><![CDATA[The solution to poor credit history, in a word, is time. Developing and implementing good financial habits over time can repair a poor credit history. That process can take years, but along the way, you can take positive steps to make a difference. What Is Your Credit History?Each time you took out a loan or applied for a credit card, your lender reported it to the three credit bureaus, Experian, Equifax and TransUnion. The same goes for negative activity such as late payments. Your credit history is used to calculate a credit score for you, called your FICO score, which...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Submitting A Credit Repair Letter - Effective Ratings Management]]></title><link>http://www.finweb.com/banking-credit/submitting-a-credit-repair-letter.html</link><description><![CDATA[Repairing your credit can usually start with a simple credit repair letter. You should be checking your credit reports regularly to manage your credit rating. Anytime you see an item that should be disputed, then you will want to start with a letter to the credit bureau. Here&amp;rsquo;s how to start.Address the ConcernYou will want to make sure your letter addresses the specific concern you have. Is a charge off showing when it wasn&amp;rsquo;t charged off? Do you have a collections record that was actually paid in full? A late payment when you have proof of on time payments? Sending...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Get Started - Entrepreneurs With No Credit History]]></title><link>http://www.finweb.com/banking-credit/how-to-get-started-entrepreneurs-with-no-credit-history.html</link><description><![CDATA[For an entrepreneur with no credit history, getting needed financing can be a challenge. But there are steps you can take, even while building your business, that can get you access to borrowed funds and build your credit history.Know the Five &amp;lsquo;C&amp;rsquo;s&amp;rsquo;For the small business person seeking financing, even those with no credit history, it&amp;rsquo;s vital to know what lenders look for when considering loaning money to you. Beyond the statistics, be aware of the five &amp;ldquo;C&amp;rsquo;s&amp;rdquo;: Capacity. Do you have ability to repay a loan through your business&amp;rsquo; profits? Capital. This your personal investment in your business. Collateral. This...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Check Your Credit History]]></title><link>http://www.finweb.com/banking-credit/how-to-check-your-credit-history.html</link><description><![CDATA[Checking your credit history is important to do on a regular basis. If you do not check your credit history, you take the risk of not knowing what is being reported about you or allowing someone to steal your identity without your knowledge. Checking your credit history can help save you money, too. You may be paying higher interest rates than you need to for your auto loans and credit cards based on incorrect information that is on your credit report. Keep reading to find out how to check your credit history.Get a Free Credit ReportThe three major credit bureaus...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Insufficient Credit History? Noteworthy Secrets]]></title><link>http://www.finweb.com/banking-credit/insufficient-credit-history-noteworthy-secrets.html</link><description><![CDATA[Do you have an insufficient credit history? To establish credit, you should get a bank account and keep it in good standing, apply for a secured credit card, and make timely payments to any and all accounts in your name. If you have been denied credit because your credit history does not have enough information about your past ability to pay off loans or handle debt, this is known as having an insufficient credit history and may reflect negatively on you. A credit score can not be calculated unless your credit history reports an account that has been open for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Report Counseling for a Higher Score]]></title><link>http://www.finweb.com/banking-credit/credit-report-counseling-for-a-higher-score.html</link><description><![CDATA[Credit report counseling is a very important tool that may affect you when applying for consumer credit. If high it will be an effective tool. It will be an all together devastating liability when reporting a low score. Activities like credit counseling do have an immediate negative effect upon your score. Bu there are opportunities once past counseling to raise your score through obtaining a new history for making monthly payments to recognized creditors who will report this activity to the major credit agencies. Follow these steps to determine how counseling has affected your score.1. Free Credit Monitoring TrialSign up...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Have Bad Credit History? 6 Steps For Improvement]]></title><link>http://www.finweb.com/banking-credit/have-bad-credit-history-6-steps-for-improvement.html</link><description><![CDATA[Many people today are being plagued by bad credit history. Because of overstepping our bounds and getting ourselves into debt we can't control, a bad credit history is becoming an all too familiar sight.Many people will turn to credit counseling services, while others will resort to bankruptcy which will only hurt their credit history even more. The good news is that your bad credit history does not have to haunt you forever. In fact, with a little bit of time, and a lot of effort on your part you can raise your credit score back up to acceptable levels. Here...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Using A Credit Repair Law Firm]]></title><link>http://www.finweb.com/banking-credit/using-a-credit-repair-law-firm.html</link><description><![CDATA[With poor credit being so common nowadays, using a credit repair law firm may seem like a good idea. There are plenty of firms who specialize in credit repair. There are some things you need to keep in mind so you don&amp;rsquo;t get taken for your money.What Does a Credit Repair Firm Do?A credit repair lawyer will work directly with you and the credit reporting bureaus to remove negative items. In most cases this comes in the form of lots of letter writing. The credit repair dispute process can be helpful for items that should have been discharged, or should...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Repair Book -- Guides To Renewed Financial Health]]></title><link>http://www.finweb.com/banking-credit/credit-repair-book-guides-to-renewed-financial-health.html</link><description><![CDATA[A credit repair book can offer many do-it-yourself tips to recovering your good financial standing without paying for an expensive agency. There are hundreds of credit repair books on the market, and most of them will offer you sound advice on industry best-practices. However, some will be easier to follow and go beyond&amp;nbsp;the standard tips and tricks to repairing your own credit. When you are shopping around for credit repair books, consider the following criteria to choose which is right.Easy to Follow OrganizationA credit repair book should not be like a text book. Rather, you should be able to navigate...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Do You Need Consumer Credit Consolidation Services?]]></title><link>http://www.finweb.com/banking-credit/do-you-need-consumer-credit-consolidation-services.html</link><description><![CDATA[Consumer credit consolidation services can assist you with negotiating down your debt from multiple lenders to one new monthly payment. The credit consolidation services will pay off your existing debt, and you will begin paying off the service. This type of credit repair is like refinancing multiple loans at once. Because the company offers to pay down the debt in one lump sum, often the lenders will negotiate a lower payment than what you truly owe. This allows you to ultimately pay less, but your monthly payments may remain high. To determine if this is a good option for you,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Are Credit Monitoring Services Effective at Fraud Prevention?]]></title><link>http://www.finweb.com/banking-credit/are-credit-monitoring-services-effective-at-fraud-prevention.html</link><description><![CDATA[With many types of credit card scams and identity theft always a threat, a good way to keep an eye on your credit is with a credit monitoring service.&amp;nbsp; It takes approximately twelve months for a victim of identity theft to notice that the crime has been committed. A good monitoring service will notify you with weekly or monthly reports. Some will also notify you immediately if they notice something out of the ordinary with your normal shopping habits or personal spending trends.Most people who have had their identity stolen have lost an average of $5000. In most cases victims...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Getting a Home Improvement Loan Despite Bad Credit]]></title><link>http://www.finweb.com/banking-credit/getting-a-home-improvement-loan-despite-bad-credit.html</link><description><![CDATA[Even if you have bad credit, a home improvement loan may be within reach for you. Home improvement loans are designed to provide you with the cash you need to make repairs and improvements to your primary or secondary residence. There are many advantages to obtaining a home improvement loan, particularly if you are struggling under the weight of high interest credit card payments. While it may be more difficult for you to obtain, the advantages of a home improvement loan are often worth the efforts required to obtain the loan.In most cases, the interest you pay on a home...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Using Credit Restoration Services for the Least Cost]]></title><link>http://www.finweb.com/banking-credit/using-credit-restoration-services-for-the-least-cost.html</link><description><![CDATA[A type of business that has grown recently is credit restoration services. These services are advertising on TV, radio, in newspapers, and even with huge telemarketing campaigns. Some are making promises they cannot keep such as clearing a bankruptcy from your credit report.How to Recognize a ScamThere are many Red Flags to look for when considering using any of these services. You are asked to pay a fee for services in advance. The Credit Repair Organizations Act states you do not have to pay anything until they have completed their services. They do not tell you that you can do...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Are Different Types Of Credit Consolidation Agencies?]]></title><link>http://www.finweb.com/banking-credit/what-are-different-types-of-credit-consolidation-agencies.html</link><description><![CDATA[There are times when credit consolidation agencies can help you get back on your feet and begin the road to taking control of your finances. Credit consolidation agencies offer ways for consumers to reschedule payments for many different types of loans and offer payment plans that are easier to handle for most consumers. There are many types of debt consolidation agencies that provide many different types of consolidation service consolidation services.Payday Loan ConsolidationThere are some debt consolidation agencies that offer payday loan consolidation loans. Many times, when people start taking out payday loans, they find themselves in a vicious cycle...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Supporting Your Credit Repair After A Bad Mortgage]]></title><link>http://www.finweb.com/banking-credit/supporting-your-credit-repair-after-a-bad-mortgage.html</link><description><![CDATA[If you have experienced credit problems in the past, and are considering credit repair, a mortgage that posed problems for you in the past can continue to do so for a long period of time. Generally speaking, most negative entries on your personal credit report can to stay on the report for up to seven years. Furthermore, negative entries on your mortgage payment may tend to bring your credit score down more than some other types of negative entries. Usually, mortgage loans are quite large and often the largest debt that an individual ever incurs; therefore, missed payments, defaults or...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Eliminate Unsecured Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/how-to-eliminate-unsecured-credit-card-debt.html</link><description><![CDATA[Knowing how to eliminate unsecured credit card debt will help you to improve your credit score and get out from under the stress and burden associated with mounting credit card debt. These economic times has forced many people to rely more on their open lines of credit, including their credit card balances, as a way to meet certain obligations and pay bills.The ability to effectively manage, reduce and eliminate your unsecured credit card debt will open the path to new financial opportunities later on. In order to begin, follow these simple steps to eliminate your debt.Step 1: Gather All of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Requesting Changes to Your Credit Profile]]></title><link>http://www.finweb.com/banking-credit/requesting-changes-to-your-credit-profile.html</link><description><![CDATA[Before obtaining financial credit, creditors review your credit profile to determine if you are a good risk. Your credit profile contains financial records, including bank account summaries, loan and mortgage information, total available credit, and the status of previous and current accounts. People with a low credit score have trouble receiving loans, credit cards, and affordable car insurance. This is why it is important to run a credit report every year so that you can verify all information in your profile and correct any errors. Many times, your credit score is incorrectly low due to errors or out-dated information. It...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Finding A Trustworthy Company For Your Credit Search]]></title><link>http://www.finweb.com/banking-credit/finding-a-trustworthy-company-for-your-credit-search.html</link><description><![CDATA[If you are planning on company, using a company for your credit search processes can be less time consuming than if you were to look at every credit offer available individually. There are many companies that offer several different kinds of credit lenders in one convenient location.Step 1Review your own credit information by ordering and reviewing your credit report. This information will help you determine what kind of credit search you will need to have conducted. If you need to perform a credit repair to correct errors or invalidate information, do so prior to enlisting the services of a credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Start Your Credit History On The Right Foot]]></title><link>http://www.finweb.com/banking-credit/start-your-credit-history-on-the-right-foot.html</link><description><![CDATA[In order to start credit history, the requirements are usually very minimal. However, how you use credit can have a huge impact on your future.Importance of Credit HistoryIn the past, credit history was only used by banks and other lenders who were considering granting credit to individuals who were applying for credit cards, home loans and auto loans. In most cases, lenders used a credit score, credit history and income as determining factors in deciding whether or not to grant credit.However, today credit history and credit scores are used on a far wider scope to determine life events. For example,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Choose The Right Credit Counseling Agency]]></title><link>http://www.finweb.com/banking-credit/how-to-choose-the-right-credit-counseling-agency.html</link><description><![CDATA[Consumers facing mounting bills with ever increasing debt can find help by getting professional help from the right credit counseling agency. Although consumers needed no help amassing debt, turning to a professional counseling agency may be the first prudent financial action taken toward debt relief. It is a big step taken but following a few guidelines will help choose the right credit counseling agency that will get you out of debt.1. Comparison ShopThere are plenty of debt consolidation and credit counseling scams created to part you from your money. Some, although they do conduct a valuable service, also profit handsomely...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Associated Fees to Consolidation Credit Services]]></title><link>http://www.finweb.com/banking-credit/associated-fees-to-consolidation-credit-services.html</link><description><![CDATA[There are a number of debt consolidation credit services available on the Internet. These days everyone and everything revolves around credit, and it is possible for a single person to have multiple credit cards, a mortgage, a car loan, tuition loans, and even tax debt. Most people will clear their bills on a regular basis, while others will make minimum payments for the rest of their lives. Not only will they be paying for the car they bought but they will also have to pay a hefty interest to the bank or the car dealer who extended the credit to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Business Credit Counseling: Advice For A Better Financial Statement]]></title><link>http://www.finweb.com/banking-credit/business-credit-counseling-advice-for-a-better-financial-statement.html</link><description><![CDATA[As companies face delinquencies, defaults and other forms of insolvent operation, they may need business credit counseling services. Business credit managers seek a variety of tools to help get a handle on the necessary assessments to gain a better understanding of the exact health a business enjoys.&amp;nbsp; In order to shop for financial funding for business expansion, a business manager needs to put together a detailed &amp;ldquo;story&amp;rdquo; about the company&amp;rsquo;s current financial health.Annual ReportAny business that is publicly traded is required by the U.S. Securities and Exchange Commission (SEC) to publish an audited financial statement annually. The reports are filed...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Credit Repair Process - Can I Do It?]]></title><link>http://www.finweb.com/banking-credit/the-credit-repair-process-can-i-do-it.html</link><description><![CDATA[Getting assigned a bad credit rating is much easier than the process of credit repair. The importance of having a good credit history cannot be emphasized enough. Bad credit can hinder you from purchasing a house, obtaining car financing, getting a cell phone contract, or even a highly coveted job.&amp;nbsp; Contrary to popular belief, the credit repair process is much easier than you may have believed. If you have come to the point where you want to do it, then you certainly CAN do it. Just follow a few simple steps:Request a Credit ReportThe first step in improving your credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Have Limited Credit History? Getting A Credit Card]]></title><link>http://www.finweb.com/banking-credit/have-limited-credit-history-getting-a-credit-card.html</link><description><![CDATA[Obtaining a limited credit history credit card is an easy process if you know where to look and how to apply. Limited or no credit history credit cards often have higher than average interest rates. However, once you have established positive credit, you can then have access to better credit card offers.Step 1Begin the process by first researching the different limited credit history cards that might be available. There are numerous online companies that offer this type of credit card. All of these websites list various companies that offer credit cards to individuals who do not have an extensive credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Repair - Change Yourself, Improve Your Credit]]></title><link>http://www.finweb.com/banking-credit/credit-repair-change-yourself-improve-your-credit.html</link><description><![CDATA[If you are considering applying for a mortgage, the single most important element is credit, and if your credit report is unhealthy, you may have to repair your credit, yourself. Most lenders scrutinize your credit report, which details a list of companies where you may have applied for or received credit from, your payment history and even your credit limits. Additionally, a credit report may list information such as judgements or bankruptcies, tax liens, outstanding balances, payments due and so on. A lender will evaluate your credit responsibility by assessing all these factors.&amp;nbsp; Below, are a few steps you can...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Clear Your Credit History]]></title><link>http://www.finweb.com/banking-credit/how-to-clear-your-credit-history.html</link><description><![CDATA[With a careful approach, it is possible to have a clear credit history with a bit of effort and persistence. By educating yourself about the rules of credit reporting, you can make the credit reporting agencies work to your advantage.Credit ReportsConsumers are entitled to one free credit report every year. However, if you find that you have been turned down for credit due to a poor credit report or detrimental information on a credit report, you are automatically entitled to a free credit report within 90 days of receiving a denial letter.Once you receive your credit report, it is your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Rebuild Your Credit History By Taking These Measures]]></title><link>http://www.finweb.com/banking-credit/rebuild-your-credit-history-by-taking-these-measures.html</link><description><![CDATA[If you want to rebuild credit history, you will need to take positive proactive steps on your own behalf to improve your credit. In many cases, credit reports contain incorrect and invalid entries that require persistent effort to correct. You can also rebuild credit history by carefully managing your available credit and payment habits.Review Your Credit ReportAlmost every credit report has erroneous and incorrect entries. You are entitled to an annual free copy of your credit report. You are also entitled to a free copy of your report if you are turned down for credit or employment as a result...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Pay Off Your Credit Cards]]></title><link>http://www.finweb.com/banking-credit/how-to-pay-off-your-credit-cards.html</link><description><![CDATA[Knowing how to pay off credit cards is a big issue for many Americans. It&amp;rsquo;s too easy to get in to debt and not be able to find a solution to get out of it. If your credit card debt is adding up, here are a few simple ways you can pay off that debt with ease.Avoid Minimum PaymentsMaking the minimum payments on your credit cards seems like a great way to free up your current cash flow, but doing this can have devastating effects on your finances later. Making minimum payments now can greatly extend the amount of time...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is Employment Affected By Your Credit History?]]></title><link>http://www.finweb.com/banking-credit/is-employment-affected-by-your-credit-history.html</link><description><![CDATA[When looking for employment, credit history can have a huge impact on your job search and whether or not you are offered a position.Credit Reviews on the RiseIt has been reported that approximately 35 percent of employers now routinely conduct credit searches as part of their employment process. Additionally, almost any government job includes a background check that includes a review of credit information. Information contained in a credit report is used to verify social security number, employment history and decision making judgment, particularly for individuals in the financial sector or for employment in high security positions. For government jobs,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Improve Your Credit History In 5 Easy Steps]]></title><link>http://www.finweb.com/banking-credit/improve-your-credit-history-in-5-easy-steps.html</link><description><![CDATA[It is never too late to improve your credit score.&amp;nbsp; It will not happen overnight, so it's important to get started as early as possible.&amp;nbsp; Many consumers are overwhelmed into inaction.&amp;nbsp; Be sure you slowly take action, do not be paralyzed.&amp;nbsp; Break up everything you need to do into easy steps and take your time.&amp;nbsp; Step 1: Order your three credit reportsFirst, find out what the three major credit bureaus are reporting about you. The three major agencies are Equifax, Trans Union and Experian. They are all a bit different, so be sure to review them all. The reports will...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Check Your Credit History Online]]></title><link>http://www.finweb.com/banking-credit/how-to-check-your-credit-history-online.html</link><description><![CDATA[To get the best lines of credit, you should make it a point annually to check your credit history online. That way, you can be sure that there are no mistakes blemishing your record, fraudulent uses of your credit due to identity theft, or any other problems associated with your credit that you would not otherwise be aware of. Thanks to federal law, every U.S. citizen is entitled to a free credit report each year through each of the three national credit reporting companies: Equifax, TransUnion, and Experian. That means that you can get 3 credit reports each year, one...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Best Ways to Repair Credit History]]></title><link>http://www.finweb.com/banking-credit/the-best-ways-to-repair-credit-history.html</link><description><![CDATA[You can repair credit history by resolving mistakes in your credit report, establishing good debt habits and taking advantage of credit repair services.Review Your Credit ReportThe first step to repair your credit history is to review your credit report. Your payment history is reported to credit bureaus, which compute a credit score for you, and maintain a record of negative activity. Credit card and loan companies look for good credit scores when they offer credit.&amp;nbsp; A score of 620 or below is considered bad credit and will typically disqualify you for many loans. On the other hand, a score of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Counseling Services:  Are They Worth It?]]></title><link>http://www.finweb.com/banking-credit/credit-counseling-services-are-they-worth-it.html</link><description><![CDATA[Consumers struggling to meet monthly bills may be in need of credit counseling services. It is important that you find the right counselor, or service, that can help you get to a manageable debt point in your life.Choose WiselyThe right credit counseling service can help your financial profile improve, if you choose wisely. You need to select a counseling service that will properly advise you about effective spending and saving methods.&amp;nbsp; The services can also enhance your credit score.You want the credit counseling service to provide you with education geared toward learning how to establish a realistic and workable monthly...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[4 Reasons You'll Need A Credit Search]]></title><link>http://www.finweb.com/banking-credit/4-reasons-you-ll-need-a-credit-search.html</link><description><![CDATA[Why would you need a credit search?1- Job InterviewsAlthough you may not expect it, credit checks are increasingly part of a job interview process. After the initial interview, if the supervisor likes you and wants to further consider you for employment, they will likely ask for your permission for a credit check before you move onto their smaller pool of potential employees.You may be asked to sign the credit release form in a stack with several other forms, so you are not always aware of what you are signing. There are several reasons that potential employers want your credit score...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[4 Steps to Overcome Business Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/4-steps-to-overcome-business-credit-card-debt.html</link><description><![CDATA[Business credit card debt can be as detrimental to a company&amp;rsquo;s finances as readily as it is for personal debt. The company's bottom line can suffer and debt can restrict growth and ultimately alter financial dreams. When business credit card debt is high, a company&amp;rsquo;s financial future and credit rating can suffer.Getting out of business credit card debt is possible, but it often demands an effective strategy and discipline. There are a number of steps that help a company get out of business credit card debt. The process to effectively get out of debt is time consuming, but it can...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Clean up Your Credit History in 5 Steps]]></title><link>http://www.finweb.com/banking-credit/clean-up-your-credit-history-in-5-steps.html</link><description><![CDATA[ Almost all credit reports have invalid entries, other errors and omissions, but you can clean up your credit history. By taking steps to remove damaging information and to add to your record of responsible bill payment, you may be able to raise your credit score significantly.Step 1 Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:&quot;Table Normal&quot;; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:&quot;&quot;; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; mso-pagination:widow-orphan; font-size:11.0pt; font-family:&quot;Calibri&quot;,&quot;sans-serif&quot;; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:&quot;Times New Roman&quot;; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} &amp;#8212; Review Your Current Credit ReportYou are entitled to a free copy...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Priceless Credit Counseling Advice]]></title><link>http://www.finweb.com/banking-credit/priceless-credit-counseling-advice.html</link><description><![CDATA[Sometimes consumers get in over their heads and need credit counseling to help get back on the right financial track. Enter the professionals who, like doctors or lawyers, can advise and instruct their clients helping &amp;ldquo;fix&amp;rdquo; a problem. Abuse of credit has led many people into deep financial trouble if not outright ruin. Finding a good counselor who can help is a choice toward personal economic recovery.Check the CredentialsAnyone can claim to be a professional credit counselor. However, trained, experienced professionals will carry some form of certification verifying their professional status if not authenticating their successful experience helping people in...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Build A Good Credit History]]></title><link>http://www.finweb.com/banking-credit/how-to-build-a-good-credit-history.html</link><description><![CDATA[In today&amp;rsquo;s world, it is extremely important to build credit history that is a positive reflection of your financial habits. While many of us consider that our financial life is only one small part of our life, credit history is becoming a larger and larger influence.Use of Credit HistoryCredit history is used for more than just how financial institutions decide whether or not to grant credit in the form of a credit card or home or auto loan to a potential borrower. In many cases, credit history is also used by financial companies to decide on the interest rate they...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Your Rental Credit History Means For You]]></title><link>http://www.finweb.com/banking-credit/what-your-rental-credit-history-means-for-you.html</link><description><![CDATA[If you are looking for a place to live, your rental credit history can make the difference between being able to live in the place of your choice and having to simply take what you can get. Rental credit history includes information about payment history, rent amounts and even utility payment history.Regional Credit AgenciesVery often, landlords and property managers do not use the services of large credit reporting agencies like Experian or Equifax. Instead, they use smaller regional credit agencies that primarily target property managers and the rental market. In many cases, these regional rental credit agencies only cover the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[General Credit History Information: Reading Your Report]]></title><link>http://www.finweb.com/banking-credit/general-credit-history-information-reading-your-report.html</link><description><![CDATA[t is important to understand what credit history information is contained in your credit report so that you can verify accuracy and report errors. Here is the basic credit history information that you will find on your report.Personal informationYour full name and address, as well as an previous names or addresses you have had within the last several years will be listed.Summary of Accounts and Public RecordsA summary of the types of accounts that you have, such as mortgages, revolving balances (credit cards), and anything due to a collections agency will be listed, showing the total amount currently due in...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Has Online Identity Theft Damaged Your Credit History?]]></title><link>http://www.finweb.com/banking-credit/has-online-identity-theft-damaged-your-credit-history.html</link><description><![CDATA[Online identity theft&amp;nbsp;can damage your&amp;nbsp;credit history. It&amp;nbsp;is a big concern when using the Internet to pay bills, purchase products or buy services. Unfortunately, this convenient way of getting things done can also provide a damaged&amp;nbsp;credit&amp;nbsp;profile.&amp;nbsp;Are You A Victim?One of the problems with online theft is that many do not know they have been victimized until they discover their credit is in shambles. There are ways to detect credit identity theft quickly and effectively. There are a few ways to catch identity theft quickly. Review your credit reports often &amp;ndash; You can obtain free credit reports annually from each of the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Does &quot;Free&quot; Credit Consolidation Work?]]></title><link>http://www.finweb.com/banking-credit/how-does-free-credit-consolidation-work.html</link><description><![CDATA[Free credit consolidation primarily means that an individual will take their debt and roll it into an entirely new account.&amp;nbsp; The consumer will get a new loan, with a lower rate of interest in order to repay the existing loans, at higher rates.&amp;nbsp; By doing this, the consumer will typically see an immediate payment reduction due to lower rates.&amp;nbsp; Another benefit it that a consumer will only have to make one single monthly payment, rather than multiple loan payments each month.&amp;nbsp; The new consolidation financial terms will be easier to understand and a consumer can&amp;nbsp; also avoid late fee charges...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[4 Steps To A Clean Credit History]]></title><link>http://www.finweb.com/banking-credit/4-steps-to-a-clean-credit-history.html</link><description><![CDATA[Maintaining a clean credit history is extremely important in today&amp;rsquo;s world of information. More and more, credit reports are used to determine significant life events and as a result, consumers need to be cautious with credit and make an effort to maintain their own positive credit report.Credit History UsesCredit history is used for all kinds of things in today&amp;rsquo;s world. With the expansion of available information, more and more organizations are using personal information as a decision-making tool for major life activities. Financial &amp;ndash; One area where credit history is used is with financial decisions. This is not limited to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Counseling: Bad Advice To Avoid]]></title><link>http://www.finweb.com/banking-credit/credit-counseling-bad-advice-to-avoid.html</link><description><![CDATA[A professional or well-meaning family member can give you bad credit advice, avoid receiving credit counseling bad advice by doing your homework. Research what they say by visiting your library or looking up information online.Benefit of a Counseling AgencyThe salespeople of a good counseling agency will be committed to your financial success.&amp;nbsp; Start with a non-profit agency, there are many non-profit organizations that offer free credit counseling services. Be sure the counselor is a well-trained professional and check their certifications. Many consumers opt for fee-based services, because they offer more services.&amp;nbsp; Fee-based counseling agencies can help negotiate your bad debt...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Why Financial Credit Counseling Is So Important]]></title><link>http://www.finweb.com/banking-credit/why-financial-credit-counseling-is-so-important.html</link><description><![CDATA[Before the latter part of the last century commercial financial credit counseling didn&amp;rsquo;t exist. The benefits of educating consumers about money management wasn't a priority until after World War II. After World War II, the return of millions of veterans and a booming economy of consumer manufactured goods placed more emphasis on credit.&amp;nbsp; It wasn&amp;rsquo;t until these first consumers living on credit, and&amp;nbsp; got into financial trouble that credit counseling companies were created to help debt relief.How the Plan WorksMany financial credit counseling services offer debt management plans designed to help individual consumers work out a debt repayment plan with...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Your Credit History Impacts Your Life]]></title><link>http://www.finweb.com/banking-credit/how-your-credit-history-impacts-your-life.html</link><description><![CDATA[Your credit history impacts your life in several different ways; it can affect your ability to purchase a home, get a job, and even what you will pay for car insurance. Please read the information below in order to better familiarize yourself with what is included in your credit history, how it is used, and why improving or maintaing it is important.What Is Included in My Credit History?While payments to credit cards and mortgage payments are normally on your report, information about job history and even income at those jobs is also included in a credit history report. Additionally, information...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Types and Sources of Consumer Credit - Part 1: Types of Credit]]></title><link>http://www.finweb.com/banking-credit/types-and-sources-of-consumer-credit.html</link><description><![CDATA[Part 1: Types of CreditNot many years ago a prospective borrower&amp;#8217;s credit alternatives were limited, in terms of both the kinds of loans that were available and the types of lenders which were actively making those loans. Today there are many different types of consumer credit that are available from a wide variety of sources. Some loan agreements specify equal monthly or annual payments, while others require a large single payment of both principal and interest. Some loans require nothing more than a borrower&amp;#8217;s promise to pay (in other words, a note); others necessitate that the borrower pledge certain assets...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Get Control of Your Credit]]></title><link>http://www.finweb.com/banking-credit/get-control-of-your-credit.html</link><description><![CDATA[We’ve all been taught that we are at the mercy of our credit reports and the credit reporting agencies. But that’s only part of the story. You can be proactive. There are things that you can do to take control of your own credit situation, as well as your own credit report. Here are ten strategies which can help to put you back in the driver’s seat:Pay off your full credit card balance monthly. Use your credit card like cash. This is especially effective if you have a high-interest card that has a grace period. Pay the balance within the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Types and Sources of Consumer Credit -Part 2: Credit Sources]]></title><link>http://www.finweb.com/banking-credit/types-and-sources-of-consumer-credit-pt2.html</link><description><![CDATA[Part 2: Credit SourcesIn Part 1 of Types and Sources of Consumer Credit, the numerous kinds of credit accounts available to potential borrowers was examined. This article will attempt to expound upon the various types of credit sources, or lenders, which make the use of credit possible for the borrowing public. Lenders vary in the qualifications which they require of borrowers, the interest rates and fees that they charge, and the types and lengths of loans that they&amp;rsquo;ll make. Being acquainted with the characteristics and requirements of a diversity of credit sources will ultimately help borrowers to better determine which...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Reduce Your Credit Card Payments In 5 Easy Steps]]></title><link>http://www.finweb.com/banking-credit/reduce-your-credit-card-payments-in-5-easy-steps.html</link><description><![CDATA[With a little effort you can reduce credit card payments as long as you have the discipline and patience to do so. Here are a few easy steps you can follow to bring down your payments.Make a ListStart by making a list of all your credit cards. Write down the full balance, the monthly minimums, and the interest rates on all of them. Now add all of the monthly payments up. This should serve as your current budget for the credit cards. If you are in the financial position to do so, add 3% to the total payment amount and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Rebuild Slowly and Wisely]]></title><link>http://www.finweb.com/banking-credit/rebuild-slowly-and-wisely.html</link><description><![CDATA[You've been working at cleaning up your credit file. You now have one or two secured credit cards and you're feeling better about yourself. But now that you have them, how do you use them? How do you ensure that you don't make the same mistakes you did to sink your credit in the first place? Well, in addition to applying a heaping helping of discipline which may have been lacking earlier, here are a few pointers on how you can slowly, methodically, and wisely keep your credit score on the rise. First, use the credit that you have. Make...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Five Common Credit Questions Answered]]></title><link>http://www.finweb.com/banking-credit/five-common-credit-questions-answered.html</link><description><![CDATA[With today&amp;rsquo;s credit-driven society, it&amp;rsquo;s absolutely essential to stay on top of your financial circumstances. If you get behind on your bills, it&amp;rsquo;s very difficult to catch up. And if you don&amp;rsquo;t catch up, you&amp;rsquo;ll be charged even more on top of the amount that you&amp;rsquo;re already behind on. So if you have good credit, be very diligent about keeping it. Here are five common credit questions, with common sense answers, that could save you many dollars and cents. How often should I check my credit? It makes sense to stay on top of your credit situation, and the only...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit 'Spring-Cleaning']]></title><link>http://www.finweb.com/banking-credit/credit-spring-cleaning.html</link><description><![CDATA[You've heard of 'spring cleaning,' haven't you? It's a time when everyone cleans up their houses, gets rid of things they no longer need and generally gets their home in order. Why not put that concept to work on your credit and financial situations, as well? The great thing is that you don't have to wait until the spring to do it. Right now is a great time to take a closer look at your financial picture. While you really should do it more than once a year, use this opportunity to sit down with statements from all of your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[If Your Identity is stolen…]]></title><link>http://www.finweb.com/banking-credit/if-your-identity-is-stolen.html</link><description><![CDATA[Identity theft has reached epidemic numbers. If you've read the article Be Proactive Against Identity Theft you know that its wise to do all that you can beforehand in order to shield yourself from this crisis. But according to Federal Trade Commission (FTC) statistics, it may not be enough; in the U.S. alone there's a new identity theft victim every four seconds. It may therefore be more a matter of when and not if it happens to you.Discovering that you've become a victim of identity theft or some other type of credit fraud can be an extremely stressful and costly...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Be Proactive Against Identity Theft]]></title><link>http://www.finweb.com/banking-credit/be-proactive-against-identity-theft.html</link><description><![CDATA[Hundreds of thousands of people yearly have their identities stolen. It can happen in a variety of ways. Someone steals your wallet or handbag. A person covertly watches your mailbox for preapproved offers of credit. Or they go through your garbage for discarded credit card receipts. They&amp;rsquo;ll even sift through your doctors&amp;rsquo; trash to find discarded personal information that&amp;rsquo;s already been entered into the computer system. If it happens to you, the good news is that the world will not end. For a stolen debit or credit card, the most that you&amp;rsquo;ll be out is $50. But the cost in...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Take Steps Now to Improve your Credit Score]]></title><link>http://www.finweb.com/banking-credit/take-steps-now-to-improve-your-credit-score.html</link><description><![CDATA[Regardless of the economic circumstances, having good credit can only be an advantage to you. And when the economic outlook is as gloomy as it currently is, it's even more important. Indeed, you may have – due to necessity – over-utilized your credit cards recently. If your finances have been on shaky ground, and today's credit crunch has only seemed to exacerbate the situation, here are five tips that will help you to improve your credit score:Even though it's widely known that recent federal laws now give you the right to obtain a free copy of your credit report annually...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Beware of Credit Scams, Flams, and Dirty Rotten Tricks]]></title><link>http://www.finweb.com/banking-credit/beware-of-credit-scams-flams-and-dirty-rotten-tricks.html</link><description><![CDATA[Those who are most desperate for credit generally tend to be the most vulnerable to the numerous scams and tricks that bombard the consumer credit market today. The individuals and organizations that push such practices prey upon the ignorance and distress of people in financial turmoil. Credit is big business, so big that corporate advertising and modern technology have devised convincing campaigns designed to persuade people to agree to credit arrangements that may not always be in their best interest. Your most effective defense against such unscrupulous tactics is to aggressively and skeptically question every credit deal that you're offered....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[10 Valuable Credit Tips]]></title><link>http://www.finweb.com/banking-credit/10-valuable-credit-tips.html</link><description><![CDATA[Using credit wisely can go a long way toward allowing you to keep more of your money in your pocket. Here are some handy tips to help you stay in control of your credit and financial life: Don&amp;rsquo;t pay extra for a gold card, or platinum card, or any other type of card if you&amp;rsquo;re not likely to utilize its special features. You certainly don&amp;rsquo;t need waste money (sometimes, quite substantial money) trying to impress your family or friends with the color of your credit card. Interest rates on unpaid credit card balances are generally quite high when compared to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Truth about your Credit Report]]></title><link>http://www.finweb.com/banking-credit/the-truth-about-your-credit-report.html</link><description><![CDATA[Somewhere along the line, with all the conflicting information that's been disseminated through the years, it's pretty understandable that people developed all kinds of ideas about credit reports and credit scores. After all, for a very long time, no one was allowed to know their credit score. For all we as the borrowing public knew, the lender could be flipping a coin behind closed doors to make their lending decisions. Certainly, falsehoods abounded, a few of the more prevalent ones being listed here, such as:&quot;A credit score is the only determining factor when applying for credit.&quot; This is not true...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[A Credit and Money Primer]]></title><link>http://www.finweb.com/banking-credit/a-credit-and-money-primer.html</link><description><![CDATA[Let's take a moment or two to clear a few things up. Credit isn't borrowed money. It's the ability to borrow money. The borrowed money itself is called the loan. Therefore, if someone &amp;ndash; such as a bank or department store &amp;ndash; gives you credit, it actually means that they'll allow you to borrow money in order to buy something. It also means, however, that they'll want to be paid back &amp;ndash; and not just what you borrowed, but an additional amount known as interest. You should take a great interest in interest; it can be described as the cost...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Effective Credit Management]]></title><link>http://www.finweb.com/banking-credit/effective-credit-management.html</link><description><![CDATA[The effective management of credit involves choosing its best mix and use with respect to loan maturity terms, interest rates, and payment size and frequency. In other words, it shows the insight of knowing when to borrow, how much to borrow, and from where to borrow. As a result, you&amp;rsquo;re able to meet your required loan obligations without great stress or strain, and you have an overall debt repayment strategy. The ability to handle credit is, of course, influenced by many factors, such as your current and future income, your current and future expenses, the prevailing interest rate that you&amp;rsquo;ll...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Keep Yourself Safe from Identity Theft]]></title><link>http://www.finweb.com/banking-credit/keep-yourself-safe-from-identity-theft.html</link><description><![CDATA[New technology enables us to communicate in ways we have never been able to before. Yet with it comes the very real possibility that we can become victims of identify theft. This can be a devastating and stressful experience, and try as we might to prevent it, there's always some new method that criminals will find to cause havoc. In order to protect yourself from identity theft, here are some simple rules to follow:Check your credit reports annually and issue a fraud alert with each major reporting agency – Equifax, Experian and TransUnion.Purchase a shredder so that you can destroy...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Establishing First-Time Credit]]></title><link>http://www.finweb.com/banking-credit/establishing-first-time-credit.html</link><description><![CDATA[People with no established history of credit typically ask, &quot;How can I get credit if I've never had credit? I've been turned down for credit because I've never had any, but no one will give me a chance in the first place to get any.&quot; Yes, it can be a vicious cycle, but everyone has to start somewhere. Many young adults are faced with these issues, as well as those who for whatever reason have paid cash for everything all their lives. Without credit, life can become needlessly more complicated. For instance, without a major credit card, you're prohibited from...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[7 Basic Tips to Help Boost Your Credit]]></title><link>http://www.finweb.com/banking-credit/7-basic-tips-to-help-boost-your-credit.html</link><description><![CDATA[Whether you've had credit problems in the past or you're simply aiming to get better interest rates in the future, there are always steps that you can take to improve your credit score. And you can usually take them by yourself without paying for someone else's help. But whether you obtain professional services or go it alone, don't believe the credit counseling agencies that tell you they can repair your credit in a matter of weeks. Restoring damaged credit takes time, often in the neighborhood of one to two years.It is true that some credit repairs will show up faster...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Using Credit Cards to Improve your Score]]></title><link>http://www.finweb.com/banking-credit/using-credit-cards-to-improve-your-score.html</link><description><![CDATA[So, you've made a few mistakes in the past. No one's perfect, right? But, if you made those mistakes on your credit, it seems that everyone looks at it and judges you by it. For instance, when you decide that you want to get a credit card, you may start noticing rejections to your applications. Many people think they should just start sending in as many applications as they can to finally get one approved. Well, that's simple the wrong thing to do. A better idea would be to just step back, take a deep breath or two, and then...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Dig Yourself Out of that Financial Hole]]></title><link>http://www.finweb.com/banking-credit/dig-yourself-out-of-that-financial-hole.html</link><description><![CDATA[Okay, let's get down to business. If you've got financial woes, if you're in debt up to your eyeballs, then you need help – serious help – and you need it right now. Today, we're not going to pull any punches, and it may get a little rough. But if you're really in trouble, and you're seriously looking for a way to dig yourself out of it, then you should agree that it's probably time for a little tough love. Let's face it; unless you or a member of your family fell to a serious illness or you lost your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Understanding your Credit Score]]></title><link>http://www.finweb.com/banking-credit/understanding-your-credit-score.html</link><description><![CDATA[Once upon a time, people traded to get the things that they wanted, bartering goods for services or other goods. As time progressed, they learned to use a different type of bartering system – one that relied on currency. Money was used to pay wages for work done and to buy food, purchase land and build homes. When times were hard and money was in short supply, businesses would let people they personally knew use credit to buy items they needed until they could obtain and pay the money. People with a surplus of money on hand found it advantageous...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Be Wise in your Use of Credit]]></title><link>http://www.finweb.com/banking-credit/be-wise-in-your-use-of-credit.html</link><description><![CDATA[To be totally honest, credit is not only convenient, it can even be necessary. Many of us keep a credit card or two in our wallets for essential purchases or emergencies, such as a blown tire that must to be repaired immediately but we don't have the cash on hand. Credit cards can also save money on purchases by allowing you to spontaneously take advantage of special offers and sales – but only under the proviso that those sale balances are quickly paid off before the advantage of the sale price is lost through accrued interest and other fees.Planned credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Stay Away from the 'Phishing' Nets]]></title><link>http://www.finweb.com/banking-credit/stay-away-from-the-phishing-nets.html</link><description><![CDATA[Though pronounced the same as its watery counterpart, internet &quot;phishing&quot; isn't nearly as benign as going to the river or lake to try to catch a few big fish, but cyberspace phishers do make a practice of also trying to land some great 'catches.' So, what is phishing? Phishing is fraudulent internet activity that attempts to trick email and other web users into taking the &quot;bait&quot; that they offer. The bait is usually designed to mimic an official email from a legitimate company such as your local bank. The email typically asks for verification of your personal or account information...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Building a Strong Credit History]]></title><link>http://www.finweb.com/banking-credit/building-a-strong-credit-history.html</link><description><![CDATA[Fortunately (or unfortunately as the case may be), the extension and use of credit is vital to our economy as well as to our lives. We all must spend money, and if we don't have it readily available, having the alternative of buying on credit (in other words, borrowing) can often make things easier. Even if we buy only necessities and pay our outstanding balance in full every month, it's important that we have credit available to us. This option, however, requires that we establish a good credit history. If bankruptcy or some other financial setback has resulted in negative...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Yes, Bad Credit Happens]]></title><link>http://www.finweb.com/banking-credit/yes-bad-credit-happens.html</link><description><![CDATA[Unfortunately, not everyone's credit history is good. Sometimes – quite often, actually – bad credit happens. It may have come as a result of major mistakes you made when you were younger and didn't fully understand the responsibilities and repercussions of credit use, or it might have arisen from unexpected expenses that quickly got out of hand. But, regardless of how or why your credit went sour, you may now be trying to reclaim your financial name and reputation but finding it rather hard to do so. Once your credit has gone bad, most financial institutions become quite hesitant about...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Ups and Downs of the Credit Culture]]></title><link>http://www.finweb.com/banking-credit/ups-and-downs-of-the-credit-culture.html</link><description><![CDATA[Using credit isn&amp;rsquo;t financially unsound as long as it&amp;rsquo;s not used unwisely or to excess. As a matter of fact, the availability of credit has become an important consideration in many large purchases, for both families and businesses. Credit accessibility helps to sustain many companies and jobs while at the same time making life more pleasant for individuals and families who have the financial discipline to use it wisely. Some potential advantages of the judicious use of credit are: It allows you to acquire and enjoy the use of expensive items. Without the availability of credit you would have to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit-Building for First-Timers]]></title><link>http://www.finweb.com/banking-credit/credit-building-for-first-times.html</link><description><![CDATA[Credit-Building for First-TimersIn today&amp;#8217;s society, it&amp;#8217;s almost imperative that you have at least some credit. Most establishments, before extending credit, will review a customer&amp;#8217;s credit history. You know that without a major credit card, you&amp;#8217;re somewhat hindered financially. It&amp;#8217;s almost impossible to do simple things like rent a hotel room or car. Booking an airline ticket and, in some places, even writing a check, cannot be done without a major charge card.But what if you don&amp;#8217;t have a credit history? What if it&amp;#8217;s your first time applying for credit? How do you establish credit when you&amp;#8217;ve never had it? And...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Is The Credit Improvement Industry A Bull Market?]]></title><link>http://www.finweb.com/banking-credit/is-the-credit-improvement-industry-a-bull-market.html</link><description><![CDATA[Many people turn to credit repair services to improve their credit scores.&amp;nbsp;With any economy, a good credit score is essential for buying a home, car or securing employment. Essentially, a credit repair company is geared for a market of individuals with bad credit, and the company will make money solely on the ability to improve their credit scores.What The Credit Improvement Industry DoesFirst and foremost, the people working in this industry are here to educate you about the basics of credit reporting and credit scores. Most of them will also offer general advice on how to improve your credit. Some...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Credit-Building &amp; Management]]></title><link>http://www.finweb.com/banking-credit/credit-building.html</link><description><![CDATA[Having good credit is one of the most important financial components that you can possess. Not only does it offer potential lenders a favorable insight into how you handle your personal financial matters, it can also make your life considerably easier and much more convenient. Conversely, bad credit can do just the opposite and – depending upon its severity – can also ruin your financial state of affairs and keep you trapped in extremely untenable circumstances and situations.It's therefore critically important to build and manage your credit wisely and efficiently. Whether you're a newcomer to the world of credit or...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[When Your Credit Score Becomes A Problem - Credit Cards]]></title><link>http://www.finweb.com/banking-credit/when-your-credit-score-becomes-a-problem-credit-cards.html</link><description><![CDATA[Many people have serious problems with credit card debt. When your credit score starts limiting your spending and purchasing power, it's time to take a look at what you can do to improve the situation.Credit MonitoringIn this technological age, all Americans should be in the habit of monitoring their own credit on a regular basis. You can subscribe to services that will provide regular monitoring for you, notifying you by email if your credit rating changes by a specified number of points. Some credit card companies offer this service to their customers for free.You are able to obtain a free...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Debt Consolidation Loan or Borrow against Your Life Insurance Policy?]]></title><link>http://www.finweb.com/banking-credit/debt-consolidation-loan-or-borrow-against-your-life-insurance-policy.html</link><description><![CDATA[Many people try to decide between a&amp;nbsp;debt consolidation loan&amp;nbsp;and borrowing against a life insurance policy. It is critical to try to eliminate significant debt in one way or another. One way to do that is through a debt consolidation loan. Another popular alternative is to borrow against a life insurance policy. If you are trying to decide between the two, here are a few things that you will want to consider before making a decision. Debt Consolidation Loan A debt consolidation loan allows you to borrow money from a lender and pay off all of your credit accounts at once....]]></description><pubDate>April  6, 2011  7:50 PM</pubDate></item><item><title><![CDATA[Reduce Personal Debt before It Bleeds You Dry]]></title><link>http://www.finweb.com/banking-credit/reduce-personal-debt-before-it-bleeds-you-dry.html</link><description><![CDATA[ If you wait to reduce personal debt, the waiting period will increase your cost. Many borrowers do not understand the long-term financial implications of debts that are not immediately repaid. Personal debts tend to have the highest fees and rates, so the implications may be greatest on these debts. As a result, it is critical to keep your personal debts low in order to build a sound financial base.&amp;nbsp; Personal Debt Example You take a personal loan of $5,000 in 2010. The debt is offered with an APR of 7.5 percent. If it takes you five years to pay...]]></description><pubDate>December  7, 2010  4:13 AM</pubDate></item><item><title><![CDATA[Be Careful When Looking for a Christian Debt Consolidation Company]]></title><link>http://www.finweb.com/banking-credit/be-careful-when-looking-for-a-christian-debt-consolidation-company.html</link><description><![CDATA[ You must be careful when looking or considering a Christian debt consolidation company. Many of these companies are actually scam companies who are just out to take the money from desperate people. One way that they are luring people in is by using the title Christian in their advertising or playing up this false concept. These companies or people may not be Christians. In fact, they may be pure con artists. Some ways in which you can instantly tell if any debt consolidation company is not on the up and up is by listening to see if they make...]]></description><pubDate>July 30, 2010  5:35 AM</pubDate></item><item><title><![CDATA[3 Benefits of Using Christian Debt Consolidation Services]]></title><link>http://www.finweb.com/banking-credit/3-benefits-of-using-christian-debt-consolidation-services.html</link><description><![CDATA[ There are many benefits of using Christian debt consolidation services as opposed to seeking more traditional help. 1. Lower Cost Many people do not realize that Christian debt consolidation services usually charge less because they are funded by local charities. Along with this, some are set up as a non-profit organization. With this, you are able to consolidate your debt while paying a fee that is affordable for somebody in your situation. 2. A Warmer Approach Many companies are only looking to help you because it will result in more money for them. A Christian debt consolidation service does...]]></description><pubDate>July 30, 2010  5:33 AM</pubDate></item><item><title><![CDATA[5 Tips for Choosing the Right Debt Consolidation Loan]]></title><link>http://www.finweb.com/banking-credit/5-tips-for-choosing-the-right-debt-consolidation-loan.html</link><description><![CDATA[ A debt consolidation loan can provide you with many benefits when you have a great deal of debt to deal with. In order to choose the right loan for you, there are a number of things that you will want to take into consideration. Here are a few tips for choosing the right debt consolidation loan for you. 1. Shop Around During the process of looking for a debt consolidation loan, you will want to make sure that you shop around. Do not lock yourself in on a particular lender that you have done business with in the past....]]></description><pubDate>May  1, 2010  4:14 AM</pubDate></item><item><title><![CDATA[How to Consolidate Debt]]></title><link>http://www.finweb.com/banking-credit/how-to-consolidate-debt.html</link><description><![CDATA[ Knowing how to consolidate debt can save you a lot of money if you find yourself deep in debt. Credit cards, personal loans and car loans all carry high interest rates and fees. If you have accumulated mounds of debt and can't dig out yourself out of it, you may consider consolidating it into one payment. There are a few different ways to consolidate debt. Understanding your options will help you pick the best one for you. Home Loan A common way of consolidating debt is to roll it into your mortgage. This will work if you have equity...]]></description><pubDate>April 30, 2010  4:52 AM</pubDate></item><item><title><![CDATA[5 Best Debt Consolidation Moves]]></title><link>http://www.finweb.com/banking-credit/5-best-debt-consolidation-moves.html</link><description><![CDATA[ You may be considering debt consolidation if you have accumulated significant debt and cannot afford the payments. Having large amounts of credit card debt with high interest rates and multiple payments can be expensive and confusing. Consolidating them into one monthly payment can save money and create a streamlined payment process. There are several options for how to consolidate your debt, so it is important to find the one right for you. 1. HELOC A home equity line of credit is essentially a loan for the amount of equity in your home. Your house is used as collateral for...]]></description><pubDate>April 30, 2010  4:39 AM</pubDate></item><item><title><![CDATA[Top 5 Benefits of Debt Consolidation Loans]]></title><link>http://www.finweb.com/banking-credit/top-5-benefits-of-debt-consolidation-loans.html</link><description><![CDATA[ Debt consolidation loans can provide you with a number of benefits if you have a great deal of outstanding debt. If you can qualify for a debt consolidation loan, it would be to your advantage to consider doing so. Here are some of the that is that you will receive by using a debt consolidation loan. 1. Single Payment The process of debt consolidation involves taking out one loan to pay off all of your other accounts. Many individuals have multiple credit cards and credit accounts with balances on each of them. By using a debt consolidation loan, you...]]></description><pubDate>April 30, 2010  4:25 AM</pubDate></item><item><title><![CDATA[3 Worst Debt Consolidation Strategies]]></title><link>http://www.finweb.com/banking-credit/3-worst-debt-consolidation-strategies.html</link><description><![CDATA[ If you have accumulated a lot of credit card debt, then chances are that you have considered debt consolidation. Many people end up consolidating debt so that they are making only one monthly payment and usually the payment is lower. There are good ways to consolidate your debt, for instance, through a home-equity line of credit and a mortgage refinance. There are also bad ways to consolidate your debt, and by understanding these traps, you can avoid a costly mistake. 1. Hard Money Loan Hard money loans can be mortgages or personal loans that are secured with collateral. You...]]></description><pubDate>April 29, 2010  4:39 AM</pubDate></item><item><title><![CDATA[Disadvantages of an Unsecured Debt Consolidation Loan]]></title><link>http://www.finweb.com/banking-credit/disadvantages-of-an-unsecured-debt-consolidation-loan.html</link><description><![CDATA[ If you are considering getting an unsecured debt consolidation loan, there are many things that you will need to consider. Here are a few of the disadvantages of getting an unsecured debt consolidation loan. Longer Repayment Period Typically, unsecured debt consolidation loans have longer repayment periods than secured debt consolidation loans. This can put a strain on your budget. More Overall Interest Getting an unsecured debt consolidation loan means that you will most likely have to pay a higher interest rate. This means, of course, that you will be charged much more in interest over the life of the...]]></description><pubDate>April 29, 2010  4:18 AM</pubDate></item><item><title><![CDATA[Get Out of Debt with These 3 Budget Tips]]></title><link>http://www.finweb.com/banking-credit/get-out-of-debt-with-these-3-budget-tips.html</link><description><![CDATA[ In order to effectively get out of debt, you need to budget your finances. Here are a few budgeting tips that can help you eliminate debt more quickly.&amp;nbsp; 1. Wants vs. Needs One of the first things that you will need to figure out is the difference between a want and a need. If you completely understand the difference, it will be much easier to save money for paying off debt. Needs are such things as shelter, food, water and heat. Wants are entirely different. Wants are the premium cable package, the movie rental subscription, money for a latte...]]></description><pubDate>February 27, 2010  4:05 AM</pubDate></item><item><title><![CDATA[Seeking Debt Help? Consider Debt Consolidation Counseling]]></title><link>http://www.finweb.com/banking-credit/seeking-debt-help-consider-debt-consolidation-counseling.html</link><description><![CDATA[ Debt consolidation counseling is a resource that has the potential to help you greatly if you are in debt. Many people who need debt help have no idea what they should be doing to get out. Here are a few things to consider about debt consolidation counseling and how it could potentially help you. What Is Debt Consolidation Counseling? Debt consolidation counseling is a service provided by a number of different companies. These companies could be non-profit or for-profit entities. They will work with you to identify solutions to your debt problems. They can help you come up with...]]></description><pubDate>February 27, 2010  4:03 AM</pubDate></item><item><title><![CDATA[Accelerated Debt Consolidation: Is it Right for You?]]></title><link>http://www.finweb.com/banking-credit/accelerated-debt-consolidation-is-it-right-for-you.html</link><description><![CDATA[ The process of accelerated debt consolidation can help you take control of your financial situation. Debt is a massive problem for consumers today and many of them need help from someone else. Here are the basics of accelerated debt consolidation and how it works.&amp;nbsp; How it Works Accelerated debt consolidation is a process that allows debtors to consolidate all of their unsecured debt into one place. One way to do this is to take out a low interest loan and pay off all of your unsecured accounts. This will provide you with one monthly payment and help you pay...]]></description><pubDate>February 26, 2010  4:19 AM</pubDate></item><item><title><![CDATA[Don't Fall for Debt Consolidation Scams]]></title><link>http://www.finweb.com/banking-credit/dont-fall-for-debt-consolidation-scams.html</link><description><![CDATA[ Many consumers end up falling for debt consolidation scams when they are in dire financial positions. The debt consolidation industry has many companies within it that prey on those in trouble with debt. Here are a few things to consider about debt consolidation scams and how to avoid them.&amp;nbsp; How They Can Hurt You Debt consolidation scams can do damage to you in a few different ways.They can cost quite a bit of money. Many debt consolidation scams will take your money and run. They will not do what they said they would do, but they still take your...]]></description><pubDate>February 25, 2010  4:42 AM</pubDate></item><item><title><![CDATA[Debt Consolidation FAQ]]></title><link>http://www.finweb.com/banking-credit/debt-consolidation-faq.html</link><description><![CDATA[ Debt consolidation is the most complicated form of modification. Consolidation involves closing multiple debts at once through strategies such as refinancing, prepayment and settlement. The result is one final, lump sum loan that covers all of the previous loans. While debt consolidation is a popular strategy to reduce the burden of debts for many borrowers, it is not always the best option across the board.&amp;nbsp; How Does Debt Consolidation Work? You will take one large loan in a consolidation process. This loan will be used to repay all of the debts you owe. Some will be repaid in full,...]]></description><pubDate>February 25, 2010  4:40 AM</pubDate></item><item><title><![CDATA[Debt Consolidation Tips: Loans to Avoid]]></title><link>http://www.finweb.com/banking-credit/debt-consolidation-tips-loans-to-avoid.html</link><description><![CDATA[ If you are looking for good debt consolidation tips&amp;nbsp;there is a chance that your debt situation has gone out of control. If you are considering taking out a debt consolidation loan, there are a few things that you will want to keep in mind. One common problem that people run into is consolidating their debts into a loan when they do not need to. Unnecessary consolidation can actually compound your debt problems in a number of ways. Here are some things to consider before signing up for any loans.&amp;nbsp; Unnecessary Consolidation Many people have four or five credit cards...]]></description><pubDate>February 25, 2010  4:38 AM</pubDate></item><item><title><![CDATA[Find a Debt Consolidation Firm You Can Trust]]></title><link>http://www.finweb.com/banking-credit/find-a-debt-consolidation-firm-you-can-trust.html</link><description><![CDATA[ Finding a good debt consolidation firm has the potential to help you get out of debt quickly. However, if you get involved with a scam, it could set you back even further. Here are the basics of finding a good debt consolidation company to work with. What to Look For Experience- One of the main things to look for in a company is experience. You want a company that has successfully helped many people get out of debt. The companies that have not been in business long have no way of proving that they will be able to help...]]></description><pubDate>February 25, 2010  4:36 AM</pubDate></item><item><title><![CDATA[Debt Getting Out of Hand? Consider Home Equity Debt Consolidation]]></title><link>http://www.finweb.com/banking-credit/debt-getting-out-of-hand-consider-home-equity-debt-consolidation.html</link><description><![CDATA[ Opting for home equity debt consolidation can provide you with a viable solution to reduce both your monthly payments and your principal debt. Debt consolidation is complicated, and using the equity you have in your home to secure the loan can increase this complication. Only opt for this route if the benefits of a home equity debt consolidation outweigh the risks in your case.&amp;nbsp; Lower Interest Rates Secured loans use collateral to reduce the risk incurred by the lender. With a home equity loan, you are pledging a certain amount of ownership in your home to the lender if...]]></description><pubDate>February 25, 2010  4:34 AM</pubDate></item><item><title><![CDATA[Government Debt Consolidation Loans: Payment Terms Explained]]></title><link>http://www.finweb.com/banking-credit/government-debt-consolidation-loans-payment-terms-explained.html</link><description><![CDATA[ Government debt consolidation loans are loans that simplify the student loan debt repayment process by combining all of your existing government-issued student loans into one. This allows you to get lower monthly payments and reduce paperwork. However, since you will still owe the same amount of money as before, it will take you longer to pay back what you owe. You can choose from several different repayment options. Each one has its own advantages and downsides. For best results, consider your own short-term and long-term financial situations and figure out which option works best for you. Basic Consolidation Loan...]]></description><pubDate>February 12, 2010  4:17 PM</pubDate></item><item><title><![CDATA[3 Alternatives to Debt Consolidation Loans]]></title><link>http://www.finweb.com/banking-credit/3-alternatives-to-debt-consolidation-loans.html</link><description><![CDATA[ Debt consolidation loans&amp;nbsp;are a popular means to attacking debt problems in the world today. Many people use these instruments in order to focus on their debt and effectively eliminate it. While they can be beneficial, they are not the only option available. Here are a few good alternatives to using a debt consolidation loan to eliminate your debt.&amp;nbsp; 1. Home Equity Loan The home equity loan can be very beneficial if you have debt problems. With this type of loan, you are using your home equity to pay off your debt. You have earned your home equity over a...]]></description><pubDate>February  9, 2010  5:03 PM</pubDate></item><item><title><![CDATA[Eliminate Bad Debt: Consolidation Loans that Improve Your Credit Rating]]></title><link>http://www.finweb.com/banking-credit/eliminate-bad-debt-consolidation-loans-that-improve-your-credit-rating.html</link><description><![CDATA[ Bad debt consolidation loans can help save your credit in the long run. When you consolidate, you may find a brief drop in credit initially. However, by reducing your total debt and eliminating particularly toxic debt, you will find your credit score recovers and climbs within a short period of time. There are a number of options to consolidate in order to ultimately save your financial profile. Student Debt Consolidation Student debt consolidation is often the easiest to pursue and comes with the least amount of penalties. Many recent graduates have more than one loan. In fact, most students...]]></description><pubDate>February  9, 2010  4:53 PM</pubDate></item><item><title><![CDATA[3 Helpful Hints when Applying for a Military Debt Consolidation Loan]]></title><link>http://www.finweb.com/banking-credit/3-helpful-hints-when-applying-for-a-military-debt-consolidation-loan.html</link><description><![CDATA[ Getting a military debt consolidation loan&amp;nbsp;will allow you to take control of your finances again. If you are in the military you are at a very advantageous position as far as getting new loans. Many lenders have loan programs specifically designed for military personnel or cater to them as a group. This means that you can take advantage of some great loans and get your debts consolidated all in one place. Consolidating your debt allows you to focus on the debt and get it paid off quickly. You only have to worry about one payment and therefore, you do...]]></description><pubDate>January 28, 2010  5:32 PM</pubDate></item><item><title><![CDATA[Is Consolidating Debt onto One Credit Card a Good Idea?]]></title><link>http://www.finweb.com/banking-credit/is-consolidating-debt-onto-one-credit-card-a-good-idea.html</link><description><![CDATA[ Consolidating debt&amp;nbsp;is at the forefront of many people's minds these days. Debt levels seem to be at an all-time high for many consumers. With the easy standards that it takes to get a credit card, many people find themselves in trouble very quickly. You can rack up several thousand dollars on multiple credit cards before you even realize what you are doing. With this kind of freedom, many people now have a big problem on their hands. One popular method for servicing debt is to consolidate all of your debt onto one credit card. Many people try this, but...]]></description><pubDate>January 28, 2010  4:22 PM</pubDate></item><item><title><![CDATA[Make Money Online? Yes, You Can!]]></title><link>http://www.finweb.com/banking-credit/make-money-online-yes-you-can.html</link><description><![CDATA[There are several ways to make money selling online. Whether it's a product or a service, here are some tips and suggestions to help get you started: EBay is the auction site most people use to sell items they have on hand, regardless of whether they are new or used. In order to sell online with eBay, you have to establish an account. You can go to eBay and read their FAQ page. It's quite easy to do. You will need to give them a credit card number, name and address, telephone number, username and password. When you sell items...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Debt Consolidation is all About]]></title><link>http://www.finweb.com/banking-credit/what-debt-consolidation-is-all-about.html</link><description><![CDATA[Once you're out on your own and actually in charge of your own finances, you'll come to realize that it doesn't take much for unrestrained spending and the debt that invariably follows closely behind it to get out of hand. For many people, those first few brand new credit cards comprise the main ingredients of a recipe for disaster. As soon as that first-time card owner gets out and about with his or her new 'plastic,' they'll typically regard it as cash and use up their credit limit in fairly short order. Let's face it; most of us have been...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Stop Debt in its Tracks]]></title><link>http://www.finweb.com/banking-credit/stop-debt-in-its-tracks.html</link><description><![CDATA[Most of us have been there &amp;ndash; incurring credit card debt and seeking ways to consolidate it and other debt by utilizing another credit card. Unfortunately, the 'borrowing from Peter to pay Paul' mentality is alive and well and, as a result, consumer debt is higher than it has ever been in history. The current economic crisis has produced a 'credit crunch' that's wreaking absolute havoc on credit card interest rates. Even though the Federal Reserve has lowered interest rates dramatically, that course of action has not had the effect of decreasing the interest rates on credit cards. To the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Reducing Your Debt by Negotiation - Debt Consolidation]]></title><link>http://www.finweb.com/banking-credit/reducing-your-debt-by-negotiation.html</link><description><![CDATA[With nearly $10,000 of unsecured credit card debt, the average American family is usually stretched to its paycheck-to-paycheck limit and beyond. Many households are only able to make the minimum monthly payment on this debt; still others are unable to do even that. At two percent of the unpaid balance, making the minimum $200 monthly payment (without any further charges added) would literally take decades to pay off. And with the advent of new legislation which makes it even tougher to file for bankruptcy, people are finding themselves caught even more tightly between the proverbial &amp;ldquo;rock and a hard place&amp;rdquo;....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Use eBay to Pay your Debts]]></title><link>http://www.finweb.com/banking-credit/use-ebay-to-pay-your-debts.html</link><description><![CDATA[Some economists suggest that we are currently in a recession. With home foreclosures on the rise and food and gas prices following suit, paying down debt can relieve much of the burden and stress that's afflicting families around the world. One of the ways to reduce the amount of money owed is to raise extra money with eBay sales. While there are plenty of people who sell just a few items on eBay for some quick cash, many others work at it full time. Perhaps you've sold a few things on eBay recently &amp;ndash; or if you haven't before, you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Debt Consolidation Loan Sources]]></title><link>http://www.finweb.com/banking-credit/debt-consolidation-loan-sources.html</link><description><![CDATA[Today, the average American household is carrying an average of $10,000 in credit card debt. This debt is more often than not spread among numerous credit cards, each with its own payment dates and requirements. And with most credit card companies having recently doubled their minimum monthly requirements to approximately 4% of the unpaid balance of the account, paying off several credit cards at once may have just gotten considerably more difficult. The sum of those minimum payments could be more than many families can afford to pay. So, what can be done to ease this situation? Of course, the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[7 Debt Reduction Strategies - Debt Consolidation]]></title><link>http://www.finweb.com/banking-credit/7-debt-reduction-strategies.html</link><description><![CDATA[If you&amp;rsquo;re like many other people and you find yourself having too much month left at the end of your money, then you&amp;rsquo;re in the right place. All is not lost; there are ways in which you can turn your situation around. The purpose of this article is to give you some insight into the things you need to do and the options that you have. Yes, options. There are a number of ways to tackle virtually any problem. Realizing that actually leads us to the first and most basic debt reduction strategy: Develop a budget! What you&amp;rsquo;re actually doing...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Business Debt Consolidation]]></title><link>http://www.finweb.com/banking-credit/business-debt-consolidation.html</link><description><![CDATA[Just as consumers sometimes find themselves buried in debt, so too do businesses. Excessive business debt can be incurred for many different reasons including expansion, unexpected large expenses, or even poor management. When revenue no longer covers expenses, managers and business owners must look to other means to find the debt relief that they need. Unfortunately, many managers and owners refrain from seeking help for far longer than they should, possibly due to feelings of failure, embarrassment or of appearing week to their competition. However, just as with personal debt, unmanageable and unchecked business debt will invariably lead to intense...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Some Debt-Solution Options]]></title><link>http://www.finweb.com/banking-credit/some-debt-solution-options.html</link><description><![CDATA[Are you in debt? If only you had a magic wand to wipe away all of the current debt you are carrying, wouldn't it be wonderful? Unfortunately, there are no magic wands or elixirs that will eliminate debt. But there are debt solutions that you can utilize to begin the difficult process of digging your way out of debt. What are some of these options? Let's take a look. One of the most consistent recommendations given by experts is to develop a budget. Take control of your finances by listing how much you earn and how much you spend. List...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Use Caution when Selling Online]]></title><link>http://www.finweb.com/banking-credit/use-caution-when-selling-online.html</link><description><![CDATA[You've undoubtedly heard the old saying, &amp;quot;Let the buyer beware.&amp;quot; Well, there's a somewhat new saying that's applicable to the Internet: &amp;quot;Let the seller beware, too!&amp;quot; If you choose to sell any type of merchandise online, regardless of whether it's on eBay, Amazon or any other virtual marketplace, there are certain criteria that you need to follow so you won't become the victim of a scam. For instance, in the case of eBay (though it doesn't happen often), there may come a time when you could be scammed by a buyer. How? Well, let's assume that you're selling an item...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Are Debt Consolidation Companies Needed?]]></title><link>http://www.finweb.com/banking-credit/are-debt-consolidation-companies-needed.html</link><description><![CDATA[Developing a solid, workable debt reduction plan is crucial is to anyone who has set a goal of being debt-free. Once you have the desire to go forward, you&amp;rsquo;ll have to decide if you feel capable and confident enough to put together and implement a plan yourself, or if you want the help of a professional debt consolidation company. Basically, a debt consolidation company negotiates with your creditors in order to reduce the interest rates that you&amp;rsquo;re paying, and working out extended payment terms which allow you to meet your financial obligations. Then, they work with you to devise a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Debt Consolidation Test]]></title><link>http://www.finweb.com/banking-credit/debt-consolidation-test.html</link><description><![CDATA[Strategies to get Your Finances under ControlWith most American households deep in debt, its no wonder that people are searching for ways to ease their financial burdens. As a direct result of this, the business of Debt Consolidation has itself become a multi-million dollar industry. Scores of people subscribe to its services. But do they really need to? Although an individual could obtain a similar overall outcome by tackling his or her situation personally, the advantages of using a solid and reputable organization should not be summarily dismissed. A good debt consolidation company employs trained and experienced professionals, and it's...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[A 'Debt-Free' Holiday Season]]></title><link>http://www.finweb.com/banking-credit/a-debt-free-holiday-season.html</link><description><![CDATA[With the economic crunch that has seemingly embraced us all, it's fair to say that the Christmas tree isn't the only thing that will be trimmed this year's end. Here are some tips that will enable you to not only more fully enjoy the time you'll spend with family and friends this Holiday season, but make it more affordable as well. If you usually give presents to your brothers, sisters and their children, agree with your siblings to only give presents to the nieces and nephews. This can save quite a bit of money in the long run. Shop early...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Using Credit Cards to Lower Debt]]></title><link>http://www.finweb.com/banking-credit/using-credit-cards-to-lower-debt.html</link><description><![CDATA[How many ways have you looked at your debt in an attempt to come up with a master plan to pay it all off? Many people see those monthly statements and pay only what's asked of them, thinking that paying just the minimum due will help them eventually get out of debt. It's time to take a closer look at that reasoning. Unfortunately, the fact is that most credit card companies want to keep you in debt. The longer you owe money, the more interest you'll pay on it, and the more profit the creditor will make. It&amp;rsquo;s nothing personal;...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Debt Consolidation Basics]]></title><link>http://www.finweb.com/banking-credit/debt-consolidation-basics.html</link><description><![CDATA[Very few people are debt-free. As a matter of fact, many Americans have tons of debt. The number of bankruptcy filings continues to increase daily. Others suffering from overwhelming debt look for help from credit counselors. Millions and millions of Americans seek credit counseling assistance for their growing financial problems every year, and the numbers have doubled in the past decade. If you're one of many individuals or families facing increasing debt, you're undoubtedly searching for ways to control it and pay it down. When you look at all those bills, you may not be able to see a viable...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Endeavor to Pay with Cash]]></title><link>http://www.finweb.com/banking-credit/endeavor-to-pay-with-cash.html</link><description><![CDATA[Credit cards, although great to have in an emergency, are too often used irresponsibly. The 'buy now, pay later' lifestyle is convenient, enticing and, without a doubt, fraught with dangers. In our grandparents' day, the rule of thumb was 'cash, and cash only.' If you couldn't afford it outright, you didn't buy it &amp;ndash; and you probably didn't really need it. The credit culture today a profound effect on virtually every individual and family. Here are some startling statistics: according to the federal government, the total U.S. consumer debt was just under $2.5 trillion for the year 2006-2007, made up...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Debt Consolidation? Loan? What to do?]]></title><link>http://www.finweb.com/banking-credit/debt-consolidation-loan-what-to-do.html</link><description><![CDATA[Many times, it seems the only way out of credit card debt is to consolidate by applying for a loan or seeking the services of a debt consolidation company. But, in order to be able to truly tell whether or not debt consolidation is a smart financial move, you must give a considerable amount of thought and consideration to any and all means that may be available to pay off your current debt. With the state of today's economy, it might not be the best of ideas to consolidate your debt by getting a second mortgage or securing a new...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Debt Consolidation]]></title><link>http://www.finweb.com/banking-credit/debt-consolidation.html</link><description><![CDATA[Strategies to get Your Finances under ControlWith most American households deep in debt, its no wonder that people are searching for ways to ease their financial burdens. As a direct result of this, the business of Debt Consolidation has itself become a multi-million dollar industry. Scores of people subscribe to its services. But do they really need to? Although an individual could obtain a similar overall outcome by tackling his or her situation personally, the advantages of using a solid and reputable organization should not be summarily dismissed. A good debt consolidation company employs trained and experienced professionals, and it's...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Which Bankruptcy is Right for You?]]></title><link>http://www.finweb.com/banking-credit/which-bankruptcy-is-right-for-you.html</link><description><![CDATA[If you are deep in debt, bankruptcy might be an option for you. If you are considering filing for bankruptcy, you need to decide which type of bankruptcy would be the best choice for you. Here are a few things to consider about the different types of bankruptcy that are available. Chapter 7 Bankruptcy One of the most common types of bankruptcies is Chapter 7. This type of bankruptcy is also known as liquidation bankruptcy. With Chapter 7, you will essentially be able to eliminate the vast majority of your debt. When you file for Chapter 7, you will have...]]></description><pubDate>April  6, 2011  9:38 PM</pubDate></item><item><title><![CDATA[Debt Settlement and Taxes]]></title><link>http://www.finweb.com/banking-credit/debt-settlement-and-taxes.html</link><description><![CDATA[Many people turn toward debt settlement to reduce their debt obligations and get their credit back in line so they can eventually finance a vehicle or a home. What some people do not consider is how debt settlement can impact taxes. When a debt is settled, the company settling the debt has the right to send the debtor a 1099-MISC tax form reporting the amount that was saved on the total debt. This is because the IRS sees the money the debtor saved on the debt as taxable income. What Does a 1099-MISC Mean for Your Tax Return? A 1099-MISC...]]></description><pubDate>April  6, 2011  8:16 PM</pubDate></item><item><title><![CDATA[How Debt Settlement Affects Your Credit Rating]]></title><link>http://www.finweb.com/banking-credit/how-debt-settlement-affects-your-credit-rating.html</link><description><![CDATA[Debt Settlement is often used by borrowers who are deep in debt and unable to repay. The lenders will settle your debt for a percentage of what is actually owed. This is a better choice than bankruptcy in regards to your credit, but there still are consequences to debt settlement. What Debt Settlement Is Debt settlement is a reduction of the amount of debt that must be repaid by the borrower. The amount varies by individual, but usually is 40 to 50 percent of the original debt. This can be achieved by negotiating directly with your creditors loss-mitigation department. They...]]></description><pubDate>April  6, 2011  7:51 PM</pubDate></item><item><title><![CDATA[3 People to See if Your Loan is in Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/3-people-to-see-if-your-loan-is-in-bankruptcy.html</link><description><![CDATA[ If you are in bankruptcy, then you may be anxious about settling your debts. This can be a stressful time, but if you are bankrupt, then you must consider a few ways to get out of the problem. There are certain people that you need to see in order to help solve your problems. 1: Creditors The most important people that you can speak to in troubled times are your creditors. It is always better to contact them, rather than the other way around. Get some help from a professional before you see them. It is a good idea...]]></description><pubDate>February 10, 2011  4:09 AM</pubDate></item><item><title><![CDATA[Can I have somebody take over my personal credit card debt?]]></title><link>http://www.finweb.com/banking-credit/can-i-have-somebody-take-over-my-personal-credit-card-debt.html</link><description><![CDATA[You can transfer personal credit card debt if another individual is willing to assume all of your debt. This person can do so through a balance transfer or by paying down the debt with a new loan. In a balance transfer, the other individual will simply pay off your credit card with another credit card, and the debt will disappear from your credit report. To assume the loan, another individual can take a personal loan or a settlement loan, repay your debts, and take on the debt for you. In both cases, you are not actually allowing another person to...]]></description><pubDate>January  4, 2011 12:56 PM</pubDate></item><item><title><![CDATA[Can I erase credit card debt if I have become disabled?]]></title><link>http://www.finweb.com/banking-credit/can-i-erase-credit-card-debt-if-i-have-become-disabled.html</link><description><![CDATA[There are two primary ways to erase credit card debt: use a grant to pay them off or have the debt discharged in bankruptcy. If you have the money to repay a debt, even if you are disabled, do not expect to get help from either of these methods. Grants will go to individuals who are facing financial ruin if their debts are not repaid by an outside source. Similarly, bankruptcy courts only allow specific individuals to qualify for bankruptcy and for discharge in bankruptcy. You can file for grants or bankruptcy if your disability will cause you significant financial...]]></description><pubDate>January  4, 2011 12:53 PM</pubDate></item><item><title><![CDATA[Where can I find grants for credit card debt?]]></title><link>http://www.finweb.com/banking-credit/where-can-i-find-grants-for-credit-card-debt.html</link><description><![CDATA[There are grants for credit card debt repayment, but they are not easy to come by. First, you must be a US citizen and be facing significant financial distress without the grants. They should serve to save you from financial ruin, not just to help pay for your spending habit. You can find grants through the Catalogue of Federal Domestic Assistance (CFDA) and through Grants.gov. Be sure to look for specific grants that apply to your situation, such as grants for recent graduates, military veterans and other purposes. It will better your chances of securing a grant if the focus...]]></description><pubDate>January  4, 2011 12:49 PM</pubDate></item><item><title><![CDATA[Understanding Your Automatic Stay Bankruptcy Rights]]></title><link>http://www.finweb.com/banking-credit/understanding-your-automatic-stay-bankruptcy-rights.html</link><description><![CDATA[ Understanding your right to an automatic stay with bankruptcy is important because this is one of the most critical components of the bankruptcy process. When the judge issues the automatic stay, you will have certain rights that cannot be violated by your creditors. Your creditors cannot file any lawsuits against you. If you were in the middle of any lawsuits with creditors, those lawsuits will have to be ended as well. The process Once you are in a stay position, creditors cannot place any collection calls to you either. They have to cease all communication and all attempts to...]]></description><pubDate>December 10, 2010  4:27 AM</pubDate></item><item><title><![CDATA[Options for Getting Rid of Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/options-for-getting-rid-of-credit-card-debt.html</link><description><![CDATA[ There are many options to get out of credit card debt without compromising your financial position. First, the best step to take is to stop spending. Once you have stopped adding to your debt, you can determine how much you owe and pursue options to eliminate this debt quickly.&amp;nbsp; How Credit Card Debt is Structured The best way to get rid of credit card debt is to pay it off on schedule, or ahead of schedule. To do this, you must understand how the debt is structured. With all credit cards, there are three separate elements to your monthly...]]></description><pubDate>November 23, 2010  4:02 AM</pubDate></item><item><title><![CDATA[3 Alternatives to Filing Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/3-alternatives-to-filing-bankruptcy.html</link><description><![CDATA[ Filing bankruptcy is not the only way to put off payment of your debts. There are many alternatives to bankruptcy that will not affect your credit standing, career options, and ownership of assets. Here they are: 1. Negotiating With Creditors Calling your creditors and being honest with them about your financial constraints is your first alternative to filing bankruptcy. Your debtors will help you come up with a prepayment scheme that will be agreeable to them and easier for you to meet. If you cannot negotiate with creditors on your own, you can seek the help of non-profit organizations...]]></description><pubDate>July  3, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Bankruptcy: Going to Court]]></title><link>http://www.finweb.com/banking-credit/bankruptcy-going-to-court.html</link><description><![CDATA[ Going to bankruptcy court is an essential part of the process of handling debt for many individuals. Here are a few things to consider about going to bankruptcy court. Filing for Bankruptcy Before you actually go to a court date, you are going to have to file for bankruptcy. Typically, this will be done at the bankruptcy court in the county clerk's office. You will need to provide them with information about your situation and pay a fee in order to file for bankruptcy. Court Date Once you have filed for bankruptcy and gone through credit counseling, you will...]]></description><pubDate>July  2, 2010  4:43 AM</pubDate></item><item><title><![CDATA[Bankruptcy and Your Assets: Home and Car]]></title><link>http://www.finweb.com/banking-credit/bankruptcy-and-your-assets-home-and-car.html</link><description><![CDATA[ When filing bankruptcy, assets are one thing that most people worry about. In particular, finding out what is going to happen to your home and your car is very important. Here are a few things to consider about what happens to your house and your car during bankruptcy. Chapter 13 Bankruptcy During this type of bankruptcy, you are not going to have to lose any of your property. This type of bankruptcy is going to involve coming up with a payment plan in order to repay your creditors. Because of this, the bankruptcy court is not going to pay...]]></description><pubDate>July  2, 2010  4:40 AM</pubDate></item><item><title><![CDATA[What Happens with Bill Collectors After Bankruptcy?]]></title><link>http://www.finweb.com/banking-credit/what-happens-with-bill-collectors-after-bankruptcy.html</link><description><![CDATA[ Many people wonder what happens to bill collectors after bankruptcy. Here are the basics of what you should expect from bill collectors after you have filed for bankruptcy. Automatic Stay When you file for bankruptcy, the court is going to issue an automatic stay. When this is issued, your creditors will no longer be able to try to collect from you. At that point, they can no longer contact you through the mail or over the phone. Court Contact When you have successfully filed for bankruptcy, you are not going to have to do anything else to get the...]]></description><pubDate>July  2, 2010  4:38 AM</pubDate></item><item><title><![CDATA[3 Steps to Take After Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/3-steps-to-take-after-bankruptcy.html</link><description><![CDATA[ After bankruptcy, there are a number of things that you can do in order to improve your credit and get back on your feet again. Here are a few steps to take after bankruptcy. 1. Secured Credit Card When you file for bankruptcy, you need to try to open up some credit lines again and build back your credit. However, you most likely will not be able to get a traditional credit card or open up any other credit accounts. You should be able to open a secured credit card. This will allow you to put money into a...]]></description><pubDate>July  2, 2010  4:36 AM</pubDate></item><item><title><![CDATA[What Percentage of Money Owed Is Typically Recovered by Collection Agencies?]]></title><link>http://www.finweb.com/banking-credit/what-percentage-of-money-owed-is-typically-recovered-by-collection-agencies.html</link><description><![CDATA[ Collection agencies are often used to try to collect money from delinquent accounts when businesses cannot collect it themselves. In most cases, collection agencies are not going to be able to collect the full amount of money that is owed to them. Here are a few things to consider about what percentage of money owed is typically recovered by collection agencies. Time Is of the Essence Collection agencies' odds of collecting a debt increase dramatically when they are collecting it sooner. As more time passes, they are not going to be able to collect as big of a percentage...]]></description><pubDate>June 23, 2010  4:38 AM</pubDate></item><item><title><![CDATA[What Happens when Your 2nd Mortgage Becomes a Charge Off?]]></title><link>http://www.finweb.com/banking-credit/what-happens-when-your-2nd-mortgage-becomes-a-charge-off.html</link><description><![CDATA[ A mortgage charge off does not affect the status of your loan. The charge off simply means the lender has decided the debt is &quot;un-collectable.&quot; The lender reports it as a loss on its financial report for the quarter. In most cases, the lender will send the account to a collections agency. The agency will be the one handling your loan from this point forward, but you still owe the debt. Second Mortgage Charge Off When the mortgage charge-off applies to a second lien on your home, the process and consequences will be different from a default on your...]]></description><pubDate>June 15, 2010  4:46 AM</pubDate></item><item><title><![CDATA[Homestead Exemption Could Save Your Home during Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/homestead-exemption-could-save-your-home-during-bankruptcy.html</link><description><![CDATA[ A homestead exemption legally protects your home equity from taxes and creditors if ever you file for a Chapter 7 bankruptcy. Under the law, a home is considered a homestead if it serves as the the debtor's primary residence. You will not be allowed to claim additional exemptions if you have properties located in other states. The amount of protection will be prescribed by state laws where your home is located. In certain states, a homeowner can get unlimited exemptions, while other states do not grant exemptions at all. Furthermore, there are states where the exemption is automatically given...]]></description><pubDate>June 15, 2010  4:44 AM</pubDate></item><item><title><![CDATA[What If You Get an Inheritance during Bankruptcy?]]></title><link>http://www.finweb.com/banking-credit/what-if-you-get-an-inheritance-during-bankruptcy.html</link><description><![CDATA[ If you are filing for Chapter 7 or 13 bankruptcy, a new inheritance of cash or other assets will alter how your situation will be handled by the bankruptcy court. When you file for bankruptcy, you must declare to the court all assets that you receive, including any inheritance or lottery winnings. Timing The timing is very significant when determining how your inheritance will affect your bankruptcy status. If you inherited cash or any type of asset within 180 days from the date of your Chapter 7 or 13 petition filing, the inheritance will be part of the bankruptcy...]]></description><pubDate>June  7, 2010  4:40 AM</pubDate></item><item><title><![CDATA[What is Your Bankruptcy Estate?]]></title><link>http://www.finweb.com/banking-credit/what-is-your-bankruptcy-estate.html</link><description><![CDATA[ Your bankruptcy estate is all of the property that you own that can be included in bankruptcy proceedings. Here are the basics of your bankruptcy estate and how it is determined. Bankruptcy Estate Your bankruptcy estate is made up of all of the assets that you own that can be included in a bankruptcy liquidation. Most things in your possession are going to be eligible to be included. For example, your personal property such as your car could be included in your bankruptcy estate. Any money that you have in your bank account can also be included. Any other...]]></description><pubDate>June  7, 2010  4:37 AM</pubDate></item><item><title><![CDATA[Student Loans &amp; Bankruptcy:  Discharging Your Student Loans]]></title><link>http://www.finweb.com/banking-credit/student-loans-bankruptcy-discharging-your-student-loans.html</link><description><![CDATA[ You may have the option to argue for a discharge of your student loans in bankruptcy. It is important to understand that debts are very rarely discharged in full when you file. You will have an opportunity to ask for a discharge only if you are filing for a Chapter 7 liquidation; individuals filing Chapter 13 restructuring cases will not be able to discharge debts. If you are filing for Chapter 7 and feel you cannot afford to repay your student loans and provide for a reasonable standard of living, you may be able to discharge the debts if...]]></description><pubDate>May 21, 2010  4:17 AM</pubDate></item><item><title><![CDATA[How Much Does Bankruptcy Cost?]]></title><link>http://www.finweb.com/banking-credit/how-much-does-bankruptcy-cost.html</link><description><![CDATA[ Many people try to determine bankruptcy cost before they go through the process of filing. Here are the basics of what you should expect to pay for a bankruptcy. Filing Fees The first charge that you are going to have is the cost to file for bankruptcy with your local bankruptcy court. If you are filing for chapter 13 bankruptcy, you are going to have to pay $274. If you plan on filing for chapter 7 bankruptcy, you will have to pay $299. Counseling In addition to paying filing fees, the court requires you to attend a credit counseling...]]></description><pubDate>May 19, 2010  4:39 AM</pubDate></item><item><title><![CDATA[Discharging Tax Debts in Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/discharging-tax-debts-in-bankruptcy.html</link><description><![CDATA[ It is very rare to receive a complete discharge of tax debt in bankruptcy. The requirements depend on the type of bankruptcy you are filing and the circumstances surrounding the taxes you owe. First, if you are filing a Chapter 13 bankruptcy, some percentage of the taxes will have to be paid as you reorganize your finances. Only those individuals filing for a Chapter 7 liquidation will have a shot at absolute tax discharge, and the discharge is conditional on the following criteria. Priority Debts It is important to understand how debts are prioritized in a bankruptcy case. Any...]]></description><pubDate>May 18, 2010  4:51 AM</pubDate></item><item><title><![CDATA[Debt Collection: How to Report FDCPA Violations]]></title><link>http://www.finweb.com/banking-credit/debt-collection-how-to-report-fdcpa-violations.html</link><description><![CDATA[ The Fair Debt Collection Practices Act (FDCPA) provides a set of guidelines that all debt collectors are required to follow when collecting debts. If a collection agency violates any of the regulations in the FDCPA, you can report the violation or sue the company.Report FDCPA Violations to the Federal Trade CommissionThe Federal Trade Commission (FTC) is responsible for protecting America&amp;#8217;s consumers from illegal and unethical business tactics. Should a debt collector violate FDCPA guidelines, you can use the FTC&amp;#8217;s online complaint form to notify the organization of illegal activity. Although the FTC does not remedy individual situations, if it...]]></description><pubDate>May 16, 2010  4:04 AM</pubDate></item><item><title><![CDATA[Four FDCPA Violations made by Debt Collectors]]></title><link>http://www.finweb.com/banking-credit/four-fdcpa-violations-made-by-debt-collectors.html</link><description><![CDATA[ When a debt collector engages in FDCPA violations, it violates the debt collection laws outlined in the Fair Debt Collection Practices Act. Consumers have the right to file a civil lawsuit against debt collectors that violate their rights while attempting to collect a debt. Calling at Odd HoursA debt collector may only call you between 8 a.m. and 9 p.m. Because the time frame for collection calls applies only to your time zone, a collection agency cannot justify its 11 p.m. telephone call by claiming a time zone difference. Debt collectors also may not call you repeatedly with the...]]></description><pubDate>May 16, 2010  4:02 AM</pubDate></item><item><title><![CDATA[What is the Fair Debt Collection Practices Act (FDCPA)?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-fair-debt-collection-practices-act-fdcpa.html</link><description><![CDATA[ The Fair Debt Collection Practices Act protects consumers from harassing and potentially abusive collection practices from debt collectors. This law went into effect in 1978 and outlines a set of rules that every third-party debt collector must follow. Identifies and Prohibits Illegal Debt Collection MethodsThe FDCPA clearly states which debt collection methods are permitted and which are not. For example, debt collectors may not telephone a consumer before 8 a.m. or after 9 p.m. in the consumer&amp;rsquo;s time zone. Debt collectors also cannot use vulgar language or threaten a debtor either verbally or in writing. If a collection agency...]]></description><pubDate>May 16, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Three Reasons Your Bankruptcy Payments Increased]]></title><link>http://www.finweb.com/banking-credit/three-reasons-your-bankruptcy-payments-increased.html</link><description><![CDATA[ If you file for Chapter 13 bankruptcy, the court will expect you to make regular bankruptcy payments to the trustee for a 3 to 5 year period. The trustee uses your payments to pay off as many of your creditors as possible. In some cases, your circumstances may result in your bankruptcy payments increasing over time. Your Income IncreasedEach year you must provide your bankruptcy trustee with a copy of your most recent tax return. If the trustee notes a significant income increase from the previous year, he may raise your bankruptcy payments. The court wants to ensure that...]]></description><pubDate>May 15, 2010  4:11 AM</pubDate></item><item><title><![CDATA[What is a Mortgage Charge Off?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-mortgage-charge-off.html</link><description><![CDATA[ A mortgage charge off is a procedure that many mortgage companies will utilize whenever they are dealing with bad debt. Here are the basics of the mortgage charge off and what it means to homeowners. Mortgage Charge Off Many times, those that do not pay their mortgage payment find out that their mortgage has been charged off. This does not mean that the debt is no longer valid. If your mortgage is charged off, you are still responsible for the debt. This simply means that the mortgage company believes that the debt is not collectible and they are writing...]]></description><pubDate>May 14, 2010  4:27 AM</pubDate></item><item><title><![CDATA[Three Tips for Finding a Chapter 7 Bankruptcy Attorney]]></title><link>http://www.finweb.com/banking-credit/three-tips-for-finding-a-chapter-7-bankruptcy-attorney.html</link><description><![CDATA[ A Chapter 7 bankruptcy attorney can help you successfully navigate state and federal bankruptcy laws to obtain much-needed debt relief. Don&amp;rsquo;t make the mistake of picking an attorney at random out of the phone book, however. Carefully evaluating your options for legal counsel ensures that you find an attorney you are comfortable with.Question Various AttorneysMake a list of all of the questions you have about Chapter 7 bankruptcy. Visit bankruptcy attorneys in your area who offer a free consultation and ask your questions. Consider which attorneys gave the most informative and easiest to understand answers. Once your bankruptcy is...]]></description><pubDate>May 14, 2010  4:19 AM</pubDate></item><item><title><![CDATA[Costs of Filing a Chapter 13 Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/costs-of-filing-a-chapter-13-bankruptcy.html</link><description><![CDATA[ In order to file Chapter 13 bankruptcy, you will be responsible for paying some fees and costs. Here are a few things to consider about the costs of filing a Chapter 13 bankruptcy. Cost of Filing In order to file Chapter 13 bankruptcy, you are going to have to pay a fee to the local bankruptcy court. Currently (as of May 2010), you will have to pay $274 to start the process of Chapter 13 bankruptcy. Credit Counseling One of the requirements that you will have to meet in order to complete the bankruptcy process is attending credit counseling....]]></description><pubDate>May 14, 2010  4:17 AM</pubDate></item><item><title><![CDATA[Chapter 7 Bankruptcy and Your Assets]]></title><link>http://www.finweb.com/banking-credit/chapter-7-bankruptcy-and-your-assets.html</link><description><![CDATA[ Chapter 7 bankruptcy helps you start over financially by paying off the creditors that you can and discharging your debts to the ones that you cannot. Before you file for Chapter 7 bankruptcy, it is imperative that you understand the risks it poses to your assets.Asset LiquidationThe bankruptcy court will expect you to liquidate as many of your assets as possible and to use the money to repay your debts. The bankruptcy trustee in your case will oversee the liquidation process to ensure that you obtain fair market value for your assets and don&amp;rsquo;t sell them to a loved...]]></description><pubDate>May 14, 2010  4:15 AM</pubDate></item><item><title><![CDATA[5 Tips for Negotiating with Debt Collectors]]></title><link>http://www.finweb.com/banking-credit/5-tips-for-negotiating-with-debt-collectors.html</link><description><![CDATA[ Dealing with debt collectors can be a stressful situation for many individuals. If you are trying to negotiate with them, you will want to keep several things in mind. Here are a few tips for negotiating with debt collectors. 1. Avoid Your Life Story When talking to a debt collector, you will want to avoid telling them your life story. The debt collector does not need to know all of the details about how you got into debt and why you cannot afford to pay them. Do not give them any personal information that they can use against you....]]></description><pubDate>May 13, 2010  4:27 AM</pubDate></item><item><title><![CDATA[Divorce and Bankruptcy: Filing for Bankruptcy during a Divorce]]></title><link>http://www.finweb.com/banking-credit/divorce-and-bankruptcy-filing-for-bankruptcy-during-a-divorce.html</link><description><![CDATA[ Divorce and bankruptcy have serious effects on each other, especially with regard to property and personal finance. When the marriage partners have overwhelming debts and are heading for divorce, bankruptcy may be a way to deal with the financial issues. Bankruptcy may be filed by only one spouse or jointly. The effect of bankruptcy on divorce proceedings is abrupt. An automatic stay stops all activities on divorce proceedings. Need for Both Divorce and Bankruptcy Lawyers Going through bankruptcy and divorce together may cause quite a bit of confusion and many complications. It will be best to find a bankruptcy...]]></description><pubDate>May 13, 2010  4:10 AM</pubDate></item><item><title><![CDATA[Keeping Your Car in Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/keeping-your-car-in-bankruptcy.html</link><description><![CDATA[ You can save your car in bankruptcy through a variety of legal methods. First, it is important to realize that bankruptcy is a difficult solution to a complicated problem. Once you declare bankruptcy, you will have a black mark on your credit for many years to come. This makes it difficult to secure new loans, and it can even compromise your chances of securing business opportunities. Bankruptcy is an option of last resort; if you qualify, though, it can save you from further detriments to your possessions and finances.&amp;nbsp; Automatic Stay on Repossession When you first file your bankruptcy,...]]></description><pubDate>May 13, 2010  4:08 AM</pubDate></item><item><title><![CDATA[Conclusion of Your Chapter 13 Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/conclusion-of-your-chapter-13-bankruptcy.html</link><description><![CDATA[ Chapter 13 bankruptcy is one option that you have in order to take control of your debts and get back on your feet. When you get to the end of the chapter 13 bankruptcy process, here is what you should expect. Finish Your Payments With chapter 13 bankruptcy, you are going to be dealing with a payment plan. The court is going to create a payment plan for you that you will have to stick to in order to repay your creditors. You have to stick with this plan for a certain amount of time until many of your...]]></description><pubDate>May 13, 2010  4:06 AM</pubDate></item><item><title><![CDATA[Chapter 13 Bankruptcy and Your Property]]></title><link>http://www.finweb.com/banking-credit/chapter-13-bankruptcy-and-your-property.html</link><description><![CDATA[ Chapter 13 bankruptcy is one of the most commonly filed forms of bankruptcy in the country. Many people wonder what will happen to their property during the filing of Chapter 13 bankruptcy. Here are a few things to consider about Chapter 13 bankruptcy and your property. Property With chapter 13 bankruptcy, you are not going to have to repay your debts by giving up your property in most cases. The design of chapter 13 bankruptcy allows you to come up with a payment plan in order to repay your creditors the money that you owe them. Because of this,...]]></description><pubDate>May 13, 2010  4:04 AM</pubDate></item><item><title><![CDATA[Four Debts that Debt Settlement Doesn't Solve]]></title><link>http://www.finweb.com/banking-credit/four-debts-that-debt-settlement-doesnt-solve.html</link><description><![CDATA[ Negotiating a debt settlement with your creditors can help you reduce your debt load and offers you significant stress relief. Not all debts, however, can be paid off through debt settlement. In these cases, you must pay off the full amount you owe, including any additional fees levied on the account. Federal Student LoansWhen you accept a federal student loan, you must repay the full amount you borrowed, plus fees. Debt settlement simply isn&amp;rsquo;t an option. The U.S. government doesn&amp;rsquo;t need to agree to a debt settlement with debtors due to its substantial collection ability. The government can garnish...]]></description><pubDate>May 11, 2010  4:29 AM</pubDate></item><item><title><![CDATA[Chapter 13 Bankruptcy: Repayment Plans Explained]]></title><link>http://www.finweb.com/banking-credit/chapter-13-bankruptcy-repayment-plans-explained.html</link><description><![CDATA[ If you opt for a Chapter 13 bankruptcy, the bankruptcy court will expect you to stick to a court-ordered repayment plan for a period of up to five years. Each month, you will have to submit a payment to the bankruptcy trustee via money order, cashier&amp;rsquo;s check or voluntary wage garnishment. Your payments will be applied to your debts until the court discharges your bankruptcy.You Must Remit All Disposable Income to the CourtMost districts will allow you to propose your own Chapter 13 repayment plan. Before confirming the plan, however, the trustee will evaluate your current income and past...]]></description><pubDate>May 11, 2010  4:21 AM</pubDate></item><item><title><![CDATA[Will You Lose Your Property in a Chapter 7 Bankruptcy?]]></title><link>http://www.finweb.com/banking-credit/will-you-lose-your-property-in-a-chapter-7-bankruptcy.html</link><description><![CDATA[ Chapter 7 bankruptcy allows you to discharge your debts along with your legal obligation to repay your debts. It may, however, result in your losing property you own. Property ExemptionsDepending on the state you live in when you file Chapter 7 bankruptcy, you may claim either state or federal exemptions for your property. Only property up to a certain amount is exempt. If, for example, your state allows a $5000 exemption for a vehicle and your vehicle is worth only $4000, you may keep it. A car worth $10,000, however, would be seized and sold by the bankruptcy court....]]></description><pubDate>May 11, 2010  4:19 AM</pubDate></item><item><title><![CDATA[Chapter 7 Bankruptcy: Debts that Can Be Discharged]]></title><link>http://www.finweb.com/banking-credit/chapter-7-bankruptcy-debts-that-can-be-discharged.html</link><description><![CDATA[ Chapter 7 bankruptcy allows you to discharge some of your debts and ease your financial burden. Not all debts are eligible for inclusion in a Chapter 7 bankruptcy. Most unsecured debts, however, can be discharged in full within 90 days. Credit Card DebtCredit card debt is one of the most common debts individuals seek relief from under Chapter 7 bankruptcy. You can successfully discharge your outstanding credit card debt, provided you have not made purchases within the 30 days prior to filing your bankruptcy petition. A credit card company may contest the discharge of any debts you incurred immediately...]]></description><pubDate>May 11, 2010  4:17 AM</pubDate></item><item><title><![CDATA[The Phony Debt Collector Scam]]></title><link>http://www.finweb.com/banking-credit/the-phony-debt-collector-scam.html</link><description><![CDATA[ The phony debt collector scam is a tactic that has been around for many years. Recently, it has become a popular technique of scam artists again. Here are the basics of the phony debt collector scam and what to do if you have been targeted. The Scam This scam starts out by you receiving a phone call from an unknown number. In some cases, it will seem to be a legitimate number, but you will not be familiar with it. When you answer the phone, the person on the other end will identify themselves as a debt collector. They...]]></description><pubDate>May  7, 2010  4:44 AM</pubDate></item><item><title><![CDATA[Beware of Shady Debt Collector Tactics]]></title><link>http://www.finweb.com/banking-credit/beware-of-shady-debt-collector-tactics.html</link><description><![CDATA[ Dealing with a debt collector is not something anyone wants to have to do. However, in today's society, it is very common to receive collection calls at some point. Here are a few shady debt collector tactics that you will want to watch out for. Bullying the Innocent One of the most common tactics that debt collectors use is to bully those that they contact. Sometimes, the individual that are contacted by debt collectors are innocent and do not actually owe anything. Debt collectors do not pay much attention to whether or not a debt is legitimate. Whenever a...]]></description><pubDate>May  7, 2010  4:41 AM</pubDate></item><item><title><![CDATA[How to Stop a Debt Collector From Contacting You]]></title><link>http://www.finweb.com/banking-credit/how-to-stop-a-debt-collector-from-contacting-you.html</link><description><![CDATA[ Dealing with a debt collector can be very stressful and inconvenient for many people. If a debt collectors calling you repeatedly, there are a few things you can do to stop receiving calls from them.&amp;nbsp; Ask Them to Stop Calling You Whenever a debt collector contacts you by phone, you can ask them to stop calling you. You also need to let them know that you would like for them to communicate with you only in writing. According to the law, they will have to accommodate your request and stop calling you. Send a Letter In addition to asking...]]></description><pubDate>May  6, 2010  4:40 AM</pubDate></item><item><title><![CDATA[Should You Still Pay a Credit Card Charge off?]]></title><link>http://www.finweb.com/banking-credit/should-you-still-pay-a-credit-card-charge-off.html</link><description><![CDATA[ If you are dealing with a charge off from a credit card account, you may be trying to determine whether you should still pay it off. If the damage has already been done on your credit report, you may not see much point in paying off the balance. Here are a few things to consider about whether you should still pay a credit card charge off. What Is a Charge off? In order to determine whether you should pay a charge off, you first need to understand what it is. A charge off does not mean that the credit...]]></description><pubDate>April 30, 2010  4:50 AM</pubDate></item><item><title><![CDATA[Child Support and Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/child-support-and-bankruptcy.html</link><description><![CDATA[ When financial stress forces you to file for bankruptcy, child-support payment obligations remain in place and are not dischargeable by filing for bankruptcy.&amp;nbsp; All expenses that are considered as &amp;lsquo;in the nature of support&amp;rsquo; for your child like those spent in the child&amp;rsquo;s welfare, medical care and upbringing, are also not dischargeable in the event of bankruptcy. Case of ex-spouse paying child support: If you are an ex-spouse paying child support, whatever expenses you owe - back child-support and the current amounts you owe - whatever is due is still your responsibility and you have to pay them.&amp;nbsp; And...]]></description><pubDate>April 29, 2010  4:14 AM</pubDate></item><item><title><![CDATA[Bankruptcy Discharge Explained]]></title><link>http://www.finweb.com/banking-credit/bankruptcy-discharge-explained.html</link><description><![CDATA[ The bankruptcy discharge is one of the most important aspects of the bankruptcy process as a whole. If you are filing for bankruptcy, here are the basics of what you should expect from the bankruptcy discharge. Bankruptcy Discharge The bankruptcy discharge is a portion of the process that essentially eliminates certain debts for the debtor. Once the bankruptcy discharge occurs, the creditors are not allowed to come after the debtor again. They cannot ask him to repay any portion of his debts or try to communicate with him through phone or written communication. At this point, it is as...]]></description><pubDate>April 29, 2010  4:12 AM</pubDate></item><item><title><![CDATA[Credit Counseling for Chapter 7 Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/credit-counseling-for-chapter-7-bankruptcy.html</link><description><![CDATA[ If you plan on filing for chapter 7 bankruptcy, you will have to go through credit counseling before you will be able to complete the process. Here are the basics of credit counseling when filing for chapter 7 bankruptcy. Credit Counseling Credit counseling is required by law whenever you file for chapter 7 bankruptcy. When you file for bankruptcy, the court is going to want to make sure that you attend counseling with a certified credit counseling agency. Before you can move forward, the court will need to see some type of proof that you have attended the proper...]]></description><pubDate>April 29, 2010  4:10 AM</pubDate></item><item><title><![CDATA[Should You Hire a Chapter 7 Bankruptcy Lawyer?]]></title><link>http://www.finweb.com/banking-credit/should-you-hire-a-chapter-7-bankruptcy-lawyer.html</link><description><![CDATA[ If you are considering hiring a Chapter 7 bankruptcy lawyer, there are several things that you are going to want to consider. Chapter 7 bankruptcy is a big step in your financial life and you want to make sure that you handle it correctly. Here are some of the pros and cons of hiring a bankruptcy lawyer when filing chapter 7. Advice By hiring a lawyer before you file Chapter 7 bankruptcy, you will be able to get advice from someone that has completed this process before. As an individual, there is a good chance that this is your...]]></description><pubDate>April 27, 2010  5:19 AM</pubDate></item><item><title><![CDATA[Role of Your Bankruptcy Trustee]]></title><link>http://www.finweb.com/banking-credit/role-of-your-bankruptcy-trustee.html</link><description><![CDATA[ A bankruptcy trustee is an individual that plays a role in the process of each different type of bankruptcy that is available. If you are considering filing for bankruptcy, you should understand what exactly the bankruptcy trustee will do. Here are the basics of the bankruptcy trustee and what role they play in the process of filing for bankruptcy. Chapter 7 The bankruptcy trustee plays a big part in a Chapter 7 bankruptcy. When you file for Chapter 7, you will have to work with the trustee to determine what property will be able to be liquidated. You will...]]></description><pubDate>April 27, 2010  5:17 AM</pubDate></item><item><title><![CDATA[Filing for Bankruptcy? A Step-by-Step Guide]]></title><link>http://www.finweb.com/banking-credit/filing-for-bankruptcy-a-step-by-step-guide.html</link><description><![CDATA[ If you are planning on filing for bankruptcy, there are a number of steps that you will need to complete. If you successfully complete the process, you will be able to take control of your debt situation or completely eliminate it. Here are the basics of how to file for bankruptcy. Choose a Type The first thing that you will need to do is choose which type of bankruptcy that you plan on filing for. There are 2 main types of bankruptcy that most people use. These types are Chapter 7 and Chapter 13. Chapter 7 is known as...]]></description><pubDate>April 27, 2010  5:15 AM</pubDate></item><item><title><![CDATA[Bankruptcy: Is Your Home Safe?]]></title><link>http://www.finweb.com/banking-credit/bankruptcy-is-your-home-safe.html</link><description><![CDATA[ With the unfortunate circumstance of filing for bankruptcy, home foreclosure may loom large as a result of failure to make payments in time due to rising cost of living and increasing hardships due to wage freeze or job loss. Chapter 13 bankruptcy may be the one way to stop the home being foreclosed, with the other option being Chapter 7 bankruptcy. Losing or foreclosure of your home; still an embarrassing and sorrowful event - should be avoided in case of bankruptcy declaration. What is Foreclosure? Maybe due to personal difficulties like job loss, disability or accident and unexpected medical...]]></description><pubDate>April 27, 2010  5:13 AM</pubDate></item><item><title><![CDATA[3 Steps to Start a Chapter 13 Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/3-steps-to-start-a-chapter-13-bankruptcy.html</link><description><![CDATA[ Filing for Chapter 13 bankruptcy can help you get your debt situation under control. In order to get the process started, you will need to take the necessary steps. Here are the steps to starting a Chapter 13 bankruptcy. Step 1 - Talk to an Attorney The first thing that you need to do is talk to a bankruptcy attorney. You will need to determine if you have a good chance of qualifying for chapter 13 bankruptcy before filing. They will look at your income and debt situation and help you come up with a repayment plan proposal for...]]></description><pubDate>April 27, 2010  5:11 AM</pubDate></item><item><title><![CDATA[3 Differences Between Chapter 7 and 13 Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/3-differences-between-chapter-7-and-13-bankruptcy.html</link><description><![CDATA[ If you are looking at Chapter 7 bankruptcy or Chapter 13 bankruptcy, there are a few key differences that you should be aware of. When filing for bankruptcy, you need to make sure that you the proper form for your individual case. Here are some differences between chapter 7 and 13 bankruptcies. 1 - What They Accomplish These 2 types of bankruptcies will allow you to accomplish 2 different things. With Chapter 7, you will be able to eliminate much of the debt that you have completely. This is like wiping your slate clean and starting over. With Chapter...]]></description><pubDate>April 27, 2010  5:09 AM</pubDate></item><item><title><![CDATA[What Happens at the End of Your Chapter 7 Bankruptcy?]]></title><link>http://www.finweb.com/banking-credit/what-happens-at-the-end-of-your-chapter-7-bankruptcy.html</link><description><![CDATA[ Chapter 7 bankruptcy is one of the most popular forms of bankruptcy and can provide you with a way to eliminate your debt. After you have begun the process of filing for Chapter 7, you need to know what to expect at the end of the process. Liquidation of Assets During the chapter 7 bankruptcy process, a bankruptcy trustee is going to look over all of your assets. It is their job to locate assets that they can sell in order to provide some money to your creditors. If they locate any assets that they can liquidate, they will...]]></description><pubDate>April 27, 2010  5:06 AM</pubDate></item><item><title><![CDATA[3 Steps to Start a Chapter 7 Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/3-steps-to-start-a-chapter-7-bankruptcy.html</link><description><![CDATA[ If you need to file chapter 7 bankruptcy, there are several steps that you will need to complete. Here are the basics of how to start a chapter 7 bankruptcy. 1 - Contact an Attorney Although it is not required, in most cases it will be a good idea to get in touch with an attorney. There are many attorneys that specialize in bankruptcy proceedings and they will be able to navigate you through the process quickly and easily. Contact an attorney and let them know that you want to file for chapter 7 bankruptcy. 2 - Fill Out...]]></description><pubDate>April 27, 2010  5:04 AM</pubDate></item><item><title><![CDATA[Bankruptcy: Chapter 7 Filing Frequency Explained]]></title><link>http://www.finweb.com/banking-credit/bankruptcy-chapter-7-filing-frequency-explained.html</link><description><![CDATA[ When filing bankruptcy Chapter 7, there are many different rules and regulations that you will have to take into consideration. One of the most important requirements deals with how often you can file for Chapter 7 protection. Here are the basics of Chapter 7 filing frequency and the regulations surrounding it. Chapter 7 Filing Frequency Chapter 7 bankruptcy is not something that you can file frequently. This is not a tool you can use whenever you accumulate some debt and would like to eliminate it. This is a tool that is reserved as a last chance for those that...]]></description><pubDate>April 27, 2010  5:02 AM</pubDate></item><item><title><![CDATA[Avoiding Bankruptcy: 3 Ways to Avoid Filing for Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/avoiding-bankruptcy-3-ways-to-avoid-filing-for-bankruptcy.html</link><description><![CDATA[ If you are trying to avoid bankruptcy, there are a number of alternatives that you could look at. Although bankruptcy might seem like the easiest way out, it can do a significant amount of damage to your credit. Here are a few ways to avoid filing for bankruptcy. 1. Debt Settlement One option that you need to consider instead of bankruptcy is debt settlement. Debt settlement is a process that will allow you to settle your debts for less than you owe. You could choose to complete this process with the help of a lawyer or on your own....]]></description><pubDate>April 23, 2010  4:27 AM</pubDate></item><item><title><![CDATA[Establishing Credit after Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/establishing-credit-after-bankruptcy.html</link><description><![CDATA[ Rebuilding your credit after bankruptcy can seem like a daunting task at times. Although it will be difficult, there are plenty of ways that you can help speed up the process of rebuilding your credit. Here are a few things to consider about establishing credit after you file for bankruptcy. Credit Cards If you had to file for bankruptcy, there is a good chance that high credit card balances got you into trouble in the first place. While they can contribute to debt problems, they can also help you build credit. In order to quickly rebuild your credit after...]]></description><pubDate>April 23, 2010  4:25 AM</pubDate></item><item><title><![CDATA[Do You Qualify for a Chapter 7 Bankruptcy?]]></title><link>http://www.finweb.com/banking-credit/do-you-qualify-for-a-chapter-7-bankruptcy.html</link><description><![CDATA[ If you are in serious debt trouble, filing for Chapter 7 bankruptcy might offer some relief. While this could be beneficial, not everyone will be able to qualify for it. Here are a few things to consider about whether you will qualify for a Chapter 7 bankruptcy. What Is Chapter 7? Chapter 7 is a type of bankruptcy that many individuals seek to file. With this bankruptcy, you can essentially wipe out your debts after the court takes some of your assets. The court issues an &quot;automatic stay&quot; order, which means that creditors can no longer attempt to collect...]]></description><pubDate>April 22, 2010  4:24 AM</pubDate></item><item><title><![CDATA[Negotiating Debt Settlement: Reasons to Do It Yourself]]></title><link>http://www.finweb.com/banking-credit/negotiating-debt-settlement-reasons-to-do-it-yourself.html</link><description><![CDATA[ When negotiating a debt settlement, you can hire someone to take care of the process, or you can do it yourself. Although hiring someone can be appealing, there are several benefits to handling the settlement yourself. Control One of the most important reasons you may want to negotiate the settlement on your own is to remain in control at all times. When you turn over your financial matters to someone else, any mistakes made will affect you directly. The person negotiating for you may agree to something that you would not have agreed to. If you are the one...]]></description><pubDate>April  9, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Free Solutions to Serious Debt Problems]]></title><link>http://www.finweb.com/banking-credit/free-solutions-to-serious-debt-problems.html</link><description><![CDATA[ When you are in need of free debt solutions, there are a number of options that you could choose. When you have debt, the last thing that you want to do is pay for a solution to your problem. Here are a few free solutions that you could utilize to help your debt situation. Nonprofit Credit Counseling One popular option that you have is to get help from a nonprofit credit counseling service. There are some nonprofit organizations that will provide this service for free. However, with this type of service, you need to be aware that nonprofit is...]]></description><pubDate>March 16, 2010  4:02 AM</pubDate></item><item><title><![CDATA[Serious Shortcomings of Debt Settlement Software]]></title><link>http://www.finweb.com/banking-credit/serious-shortcomings-of-debt-settlement-software.html</link><description><![CDATA[ Debt settlement software can guide you through the process of reducing your debt burden without the costly fees paid to a settlement service. Many debtors would prefer to use the software for personal reasons, in addition to financial reasons. They would like to maintain absolute control over the situation, and some are even uncomfortable discussing their debt with debt counselors. Ultimately, while software does have its advantages, it has serious shortcomings when compared with an alternate service. Inability to Answer Questions The number one problem with using software, instead of a counselor, is the fact you cannot get any...]]></description><pubDate>March  6, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Student Loan Debt Settlement and Your Credit Score]]></title><link>http://www.finweb.com/banking-credit/student-loan-debt-settlement-and-your-credit-score.html</link><description><![CDATA[ Student loan debt settlement should only be pursued if you feel it is the last option before declaring bankruptcy. Debt settlement companies often entice desperate borrowers with promises their obligations to pay will be drastically reduced and their stress will disappear with that obligation. However, settling debt is breaking a contract. Doing this with a student loan will ultimately make you a less able borrower on future debts like your mortgage. Debt Settlement and Credit Score Your current lender may agree to settle your debt, but the lender will be losing money, so it will do so begrudgingly. The...]]></description><pubDate>February 25, 2010  4:13 AM</pubDate></item><item><title><![CDATA[Repairing Your Credit Score after Debt Settlement]]></title><link>http://www.finweb.com/banking-credit/repairing-your-credit-score-after-debt-settlement.html</link><description><![CDATA[ If you are in need of credit repair, debt settlement could be one of the culprits behind your low credit score. Debt settlement can be devastating to a credit score and cause many financial troubles. However, there are methods by which you can repair your score.&amp;nbsp; Make Regular Payments The most important factor in rebuilding your credit after a debt settlement is to start making regular payments again. Most likely, when you started getting into trouble, you started to make late payments and probably even missed some payments altogether. These are two ways of seriously damaging your credit score....]]></description><pubDate>February 25, 2010  4:11 AM</pubDate></item><item><title><![CDATA[4 Useful Debt Reduction Strategies]]></title><link>http://www.finweb.com/banking-credit/4-useful-debt-reduction-strategies.html</link><description><![CDATA[ All debt reduction strategies will come with advantages and disadvantages. Some, however, are more advantageous than others. It is best to attempt strategies that will not affect your credit first. Only attempt more drastic strategies if the reward is worth the cost or if you are facing default. In that case, debt consolidation or settlement may be an option. #1 Buy Down You may think paying down a large sum of your principal debt is the best use of your cash. For example, many borrowers spend their annual bonus salary by paying down principal. This will reduce your debt,...]]></description><pubDate>February 25, 2010  4:09 AM</pubDate></item><item><title><![CDATA[Protect Your Credit: The Benefits of Debt Management Over Settlement]]></title><link>http://www.finweb.com/banking-credit/protect-your-credit-the-benefits-of-debt-management-over-settlement.html</link><description><![CDATA[ When looking at debt management, settlement is also often a consideration. Many people think that they should just settle the debt and put it behind them. However, in the interest of your credit rating, this may not always be the best solution. Here are a few benefits of going with debt management over debt settlement in regards to your credit. Make Steady Payments When you decide to start a debt management plan, you agree to make monthly payments to all of your creditors. They may agree to lower the interest rate that you pay them in return for receiving...]]></description><pubDate>February 25, 2010  4:07 AM</pubDate></item><item><title><![CDATA[Debt Settlement vs Management]]></title><link>http://www.finweb.com/banking-credit/debt-settlement-vs-management.html</link><description><![CDATA[ Both debt settlement and debt management can be used to get out of debt. However, there are a few differences between the two. These differences must be appreciated before you can decide whether to opt for debt settlement or debt management to become debt-free again. Debt Management and Debt Settlement Debt management involves negotiating with your creditors for a lower interest rate on your debts. You also try to get the creditors to subtract late fees that you have accumulated on your account. However, you still have to pay the principal in full. Debt settlement, by contrast, involves negotiating...]]></description><pubDate>February 25, 2010  4:06 AM</pubDate></item><item><title><![CDATA[Preparing Yourself for Debt Negotiation and Settlement]]></title><link>http://www.finweb.com/banking-credit/preparing-yourself-for-debt-negotiation-and-settlement.html</link><description><![CDATA[ Entering debt negotiation and settlement typically brings a large feeling of anxiety initially. Of course, the hope is to gain relief in the end. Whether or not you feel relief, though, depends on how successful you were at negotiating better rates and payments for your existing loans. This negotiation requires thoughtful consideration on your part in order to set goals, prepare documents and ultimately negotiate your settlement terms. Setting Goals for Settlement It is impossible to know how to negotiate if you do not have a bottom line. Most borrowers pursuing debt settlement will be taking another loan to...]]></description><pubDate>February 24, 2010  4:55 AM</pubDate></item><item><title><![CDATA[Benefits and Risks of Debt Settlement]]></title><link>http://www.finweb.com/banking-credit/benefits-and-risks-of-debt-settlement.html</link><description><![CDATA[ Going through the process of debt settlement is typically not one that anyone wants to deal with. However, when you get in over your head with debt, you need to do something. Here are the benefits and risks associated with the debt settlement process.&amp;nbsp; Benefits Eliminate the debt- When you are in debt, getting out of debt is really your only priority. When you finally get out of debt, it is a great feeling and it can help you. If you have ever tried to get a loan while you had a lot of debt, you know that it...]]></description><pubDate>February 24, 2010  4:53 AM</pubDate></item><item><title><![CDATA[What You Can (and Can't) Get from Debt Settlement Software]]></title><link>http://www.finweb.com/banking-credit/what-you-can-and-cant-get-from-debt-settlement-software.html</link><description><![CDATA[ Debt settlement software shows you how to proceed with &quot;do it yourself&quot; debt reduction. Borrowers choosing this option have determined settlement is the right option to manage their debt. However, they do not want to place their trust with a debt settlement agency, which may raise additional charges or even have priorities not in line with the borrower's plans. If you are considering using a popular debt settlement software program, you should be aware of its promises and shortcomings. Promise: Impartial Advice Debt settlement software companies will make the same amount of money regardless of the decisions you make....]]></description><pubDate>February 24, 2010  4:51 AM</pubDate></item><item><title><![CDATA[A Typical Credit Card Debt Negotiation Settlement]]></title><link>http://www.finweb.com/banking-credit/a-typical-credit-card-debt-negotiation-settlement.html</link><description><![CDATA[ Successfully negotiating a credit card settlement can have some benefits for you financially, but it has a few drawbacks as well. Here are the basics of a typical credit card negotiation settlement and how it works.&amp;nbsp; How it Works The process of negotiation begins when you rack up a large credit card bill that you can not afford to pay. Once you let the account become delinquent, you will begin to accumulate several late charges. At that point, the credit card company starts to call you and send you letters. They ask for you to pay the bill immediately...]]></description><pubDate>February 24, 2010  4:49 AM</pubDate></item><item><title><![CDATA[Downside to Debt Elimination Programs]]></title><link>http://www.finweb.com/banking-credit/downside-to-debt-elimination-programs.html</link><description><![CDATA[ Dealing with debt elimination programs is becoming more and more popular with many people, every year. While there are a few benefits to using these services, there are also some downsides associated with the industry. Here are a few things to watch out for when it comes to debt elimination programs.&amp;nbsp; Costs Part of the problem with these programs is the cost that you have to pay for them. When you are deep in debt, you need to apply all of the money that you have to paying it off. However, when you get involved with these companies, they...]]></description><pubDate>February 24, 2010  4:47 AM</pubDate></item><item><title><![CDATA[How Debt Reduction Companies Make Their Money]]></title><link>http://www.finweb.com/banking-credit/how-debt-reduction-companies-make-their-money.html</link><description><![CDATA[ Debt reduction companies charge you a fee in order to generate a profit. There are some nonprofit debt reduction companies, but these companies still must charge a fee in order to keep operating. The basic fee structures include: Fees up front: If a debt reduction company asks you for an up-front fee in order to work with them, you can take this as a red flag that they are not disclosing all the proper information. The FDIC warns not to pay any up-front fees for this service. Recovery-based fee: The company may offer to collect a percentage of the...]]></description><pubDate>February 24, 2010  4:46 AM</pubDate></item><item><title><![CDATA[Shop Around for Your Debt Reduction Company]]></title><link>http://www.finweb.com/banking-credit/shop-around-for-your-debt-reduction-company.html</link><description><![CDATA[ If you decide that you need help eliminating your debt, make sure that you choose the best debt reduction company available. Here are some reasons that you may want to shop around for your debt reduction company.&amp;nbsp; Find the Best Fees When you choose the first debt reduction company that you can find, you will be subject to paying whatever fees they require. When you shop around for your debt reduction company, you will be able to find the company with the best fee structure. When you are already deeply in debt, the last thing you need is a...]]></description><pubDate>February 24, 2010  4:44 AM</pubDate></item><item><title><![CDATA[3 Important Features about Debt Settlement Laws]]></title><link>http://www.finweb.com/banking-credit/3-important-features-about-debt-settlement-laws.html</link><description><![CDATA[ Debt settlement laws are in place to protect both the lender and the consumer. The lenders you work with will have law firms and legal specialists working on their behalf to find the ways the laws protect them. For your part, you should work to learn how the laws also protect you. There are a number of key features that assure no person will be unduly punished for unpaid debt, which is not a crime in the United States. Since it is not a crime to fail to repay debts, the laws are designed to best resolve the situation...]]></description><pubDate>February 24, 2010  4:42 AM</pubDate></item><item><title><![CDATA[What's Different About Christian Debt Settlement Services?]]></title><link>http://www.finweb.com/banking-credit/whats-different-about-christian-debt-settlement-services.html</link><description><![CDATA[ Christian debt settlement services tend to fall into the non profit debt settlement area. This is not true of all Christian debt settlement companies, so make sure to check whether a company is actually a non profit. Even if the company is a non profit company, there will still be fees and costs. Non profit companies tend to have lower fees and more disclosure and that typically makes them a better option. Lower Fees Non profit companies still make a profit on individual transactions with you. They use this profit to pay salaries for their employees and market their...]]></description><pubDate>February 24, 2010  4:40 AM</pubDate></item><item><title><![CDATA[Debt Collection and Settlement:  3 Steps to Avoid the Courts]]></title><link>http://www.finweb.com/banking-credit/debt-collection-and-settlement-3-steps-to-avoid-the-courts.html</link><description><![CDATA[ Successfully negotiating a debt collection settlement can help you get through your debt issues overall. When dealing with the debt collection process, you do not want to let it escalate to where the courts have to get involved. You should consider taking a number of steps before it gets to that point.&amp;nbsp; Court Involvement Before you decide what steps to take, you need to understand what can happen if the problem is left to the courts to decide. First of all, you will be sued by the creditor. They will file a lawsuit against you to collect the debt...]]></description><pubDate>February 24, 2010  4:38 AM</pubDate></item><item><title><![CDATA[Weigh Your Options: Debt Settlement vs. Debt Consolidation]]></title><link>http://www.finweb.com/banking-credit/weigh-your-options-debt-settlement-vs-debt-consolidation.html</link><description><![CDATA[ If you are considering debt settlement vs. debt consolidation, your personal situation and priorities will dictate your ultimate decision. Settlement means negotiating a sum to pay down your debt with no remaining obligation. This sum is typically lower than the amount remaining on the loan if it were paid off in full. Consolidation may involve settlement, but it is focused on paying off multiple loans with one large loan. There are unique benefits and penalties to each. Settling Debts Separately One option if you have multiple outstanding debts is to settle them each separately. This may be a good...]]></description><pubDate>February 24, 2010  4:36 AM</pubDate></item><item><title><![CDATA[Legally Eliminating Credit Card Debt Takes Work]]></title><link>http://www.finweb.com/banking-credit/legally-eliminating-credit-card-debt-takes-work.html</link><description><![CDATA[ In order to legally eliminate credit card debt, you will have to do a fair amount of work. Here are some methods that you could use.&amp;nbsp; Increase Payments One way that you can eliminate your credit card debt is simply to pay it off over the long term. In order to do this, you may need to supplement your income. Take on a second job, sell something, or find some other way to increase your income. The extra income that you make should be directly applied to the balance of the credit cards. This will be one of the...]]></description><pubDate>February 24, 2010  4:34 AM</pubDate></item><item><title><![CDATA[Preparing a Debt Settlement Letter]]></title><link>http://www.finweb.com/banking-credit/preparing-a-debt-settlement-letter.html</link><description><![CDATA[ Writing a good debt settlement letter is a critical part of the debt settlement process. When you write a debt settlement letter, there are several things that you will want to include so that you and the creditor can come to an agreement. Here are the basics of how to prepare a debt settlement letter.&amp;nbsp; Be Direct While you need to be courteous and not have a threatening tone, you need to be direct. Let them know the purpose of the letter and tell them exactly what you are thinking. Do not try to sugarcoat anything and do not...]]></description><pubDate>February 24, 2010  4:32 AM</pubDate></item><item><title><![CDATA[Help Your Finances with These 3 Debt Reduction Programs]]></title><link>http://www.finweb.com/banking-credit/help-your-finances-with-these-3-debt-reduction-programs.html</link><description><![CDATA[ Debt reduction programs generally refer to strategies to assist borrowers deep in debt. If you have a relatively manageable amount of debt, you will benefit by simply making regular efforts to repay the debt on schedule. Entering into a debt reduction program will not be worth the hassle for most borrowers. However, if you are unable to keep up with your debt given your current income, it may be time to consider more drastic steps. There are varying levels of severity to debt reduction programs, starting with basic modification. #1 Loan Modification Loan modification is often used to describe...]]></description><pubDate>February 24, 2010  4:30 AM</pubDate></item><item><title><![CDATA[Develop Your Own Debt Settlement Strategy]]></title><link>http://www.finweb.com/banking-credit/develop-your-own-debt-settlement-strategy.html</link><description><![CDATA[ Developing a good debt settlement strategy&amp;nbsp;is an essential component of managing&amp;nbsp;debt, as a successfully executed plan can eliminate anywhere between 25 to 65 percent of a consumer&amp;rsquo;s total debt obligation. Here, we have included several guidelines you should consider prior to developing&amp;nbsp;your own&amp;nbsp;debt settlement strategy. Getting Started&amp;nbsp; First, it is important&amp;nbsp;when developing&amp;nbsp;your debt settlement strategy to target only those debts classified as unsecured. Some examples of unsecured debts are most&amp;nbsp;credit card balances and medical expenses. Examples of debt ineligible for debt settlement are student loans, mortgages and auto financing. Additionally, prior to developing a formal debt settlement strategy, it...]]></description><pubDate>February 24, 2010  4:28 AM</pubDate></item><item><title><![CDATA[Creating a Debt Settlement Plan for Medical Debt]]></title><link>http://www.finweb.com/banking-credit/creating-a-debt-settlement-plan-for-medical-debt.html</link><description><![CDATA[ If you have several medical bills, creating a debt settlement plan could be in your best interest. A debt settlement plan will allow you to attack the debt and eliminate it in a timely manner, while satisfying your creditors. Here are the basics of creating a debt settlement plan for medical debt.&amp;nbsp; Assess Your Situation The first step in the process is to assess your current situation. Many people feel overwhelmed by their medical bills and truly have no idea how much money they owe. When this is the case, it can be very helpful to gather all of...]]></description><pubDate>February 24, 2010  4:27 AM</pubDate></item><item><title><![CDATA[Best Resources for Debt Settlement Advice]]></title><link>http://www.finweb.com/banking-credit/best-resources-for-debt-settlement-advice.html</link><description><![CDATA[ Finding good debt settlement advice&amp;nbsp;is important to know before you go through the process of settling a debt. When you are in debt, there are a number of ways that you could potentially handle your situation. Getting the right debt settlement advice could make a big difference in how things turn out. Here are some of the best resources for finding good debt settlement advice.&amp;nbsp; Online Tips The first place to look is the internet. There are a number of online sources that you could utilize in your search for good debt settlement advice. When you get online to...]]></description><pubDate>February 24, 2010  4:25 AM</pubDate></item><item><title><![CDATA[Credit Counseling vs. Debt Settlement]]></title><link>http://www.finweb.com/banking-credit/credit-counseling-vs-debt-settlement.html</link><description><![CDATA[ If you are considering credit counseling, debt settlement is usually also an option. When you have debt problems, there is a good chance that you will require some help. However, you may not know whether to choose credit counseling or debt settlement. Here are the basics of both options and whether you should work with either one. Credit Counseling The basis of a credit counseling program centers around debt management. Credit counseling services seek to help you work with the debt that you have and pay it off in time. There are many credit counseling programs out there and...]]></description><pubDate>February 24, 2010  4:23 AM</pubDate></item><item><title><![CDATA[The Risks and Benefits of Personal Debt Settlement]]></title><link>http://www.finweb.com/banking-credit/the-risks-and-benefits-of-personal-debt-settlement.html</link><description><![CDATA[ Going through the process of personal debt settlement is not something that most people want to deal with. However, when you have a large amount of debt, it does present you with a viable option to eliminate it. Here are some of the risks and benefits of personal debt settlement.&amp;nbsp; Benefits Eliminate the debt- One of the biggest benefits of this process is that you will be able to eliminate the debt. Getting rid of a large debt load from your credit file can be a huge advantage to you. When you try to get a loan with too...]]></description><pubDate>February 24, 2010  4:21 AM</pubDate></item><item><title><![CDATA[What Can Debt Settlement Attorneys Do for You?]]></title><link>http://www.finweb.com/banking-credit/what-can-debt-settlement-attorneys-do-for-you.html</link><description><![CDATA[ Utilizing debt settlement attorneys is very common for borrowers that are in deep debt. If you have gotten yourself into a level of debt that you can not handle alone, a debt settlement attorney could potentially help. Here are the basics of what a debt settlement attorney could do for you and whether or not you should consider one.&amp;nbsp; Stop the Calls One thing that a debt settlement attorney can do for you is stop the collection calls that you receive. If you have ever been in debt, you know the feeling that you get when a debt collector...]]></description><pubDate>February 24, 2010  4:19 AM</pubDate></item><item><title><![CDATA[3 Mistakes Made by Debt Negotiators]]></title><link>http://www.finweb.com/banking-credit/3-mistakes-made-by-debt-negotiators.html</link><description><![CDATA[ Dealing with debt negotiators is something that many people do when they want to settle their debt. They hire someone to negotiate a settlement with their creditors for them. While this can be beneficial in certain circumstances, these negotiators can make some mistakes along the way. Here are a few mistakes to watch out for when working with a debt negotiator.&amp;nbsp; 1. Settling Too Easily Sometimes, a debt negotiator will come in and not get you the deal that you need. They start negotiating with a creditor and decide to go ahead and settle before they should. If they...]]></description><pubDate>February 24, 2010  4:17 AM</pubDate></item><item><title><![CDATA[Debt Settlement: Dealing with a Collections Agency]]></title><link>http://www.finweb.com/banking-credit/debt-settlement-dealing-with-a-collections-agency.html</link><description><![CDATA[ Dealing with a debt settlement agency is not something that anyone wants to do. However, sometimes decisions that we have made end up putting us into debt that we can not pay. When that happens, a collections agency will eventually start to call. Here are some tips on dealing with a collections agency and getting rid of your debt.&amp;nbsp; Dealing With Collections Agents When dealing with a collections agent, you will more than likely not want to talk to them. Many of them seem to be pushy and want to do everything that they can to collect the money...]]></description><pubDate>February 24, 2010  4:15 AM</pubDate></item><item><title><![CDATA[Debt Settlement Legal Hurdles]]></title><link>http://www.finweb.com/banking-credit/debt-settlement-legal-hurdles.html</link><description><![CDATA[ Understanding the legal implications of debt settlement is essential to moving forward from a bad debt situation. Even if you intend to try a &quot;do it yourself settlement,&quot; meaning you will not be using a settlement agency or a settlement attorney, it is still best to have legal counsel for a final review of the settlement you arrange. Basically, debts are a legal obligation formed by a binding contract. When you are closing this contract, you need to make sure the steps are legally performed. Otherwise, the settlement may be void in the future. Contract Law Contract law is...]]></description><pubDate>February 24, 2010  4:13 AM</pubDate></item><item><title><![CDATA[4 Things Debt Settlement Services Don't Want You to Know]]></title><link>http://www.finweb.com/banking-credit/4-things-debt-settlement-services-dont-want-you-to-know.html</link><description><![CDATA[ Many borrowers think a debt settlement service company is always acting in their best interest. Debt settlement service companies are still lenders like all of the other lenders you have worked with. Debt settlement companies market their services as if they are unlike other lenders, but they are still looking to make a profit by extending you financing and charging you fees. Your debt settlement company may be hiding key information from you in order to attract your business. #1 Bankruptcy may be a Better Option Debt settlement companies routinely tell customers they are the solution to bankruptcy concerns....]]></description><pubDate>February 24, 2010  4:11 AM</pubDate></item><item><title><![CDATA[3 Considerations Before Attempting Do-It-Yourself Debt Settlement]]></title><link>http://www.finweb.com/banking-credit/3-considerations-before-attempting-do-it-yourself-debt-settlement.html</link><description><![CDATA[ A do-it-yourself debt settlement&amp;nbsp;could potentially help you get out of debt quickly. However, there may be some repercussions to using this method as well. Here are a few things to consider before attempting a do-it-yourself debt settlement.&amp;nbsp; 1. Credit Impact Many people that undertake the debt settlement process on their own do not stop to think of the impact that it can have on their credit. Doing a debt settlement properly can result in a minimal impact on your credit. However, if you do not know how to handle the process, it could damage your credit for the long-term.&amp;nbsp;...]]></description><pubDate>February 24, 2010  4:09 AM</pubDate></item><item><title><![CDATA[Government Debt Relief Programs]]></title><link>http://www.finweb.com/banking-credit/government-debt-relief-programs.html</link><description><![CDATA[ While the government cannot step in and remove your debts, there are some debt relief programs designed to protect you from undue harm at the hands of your lenders. These programs offer a few key forms of help. First, they can protect you from predatory lenders. Second, they can offer assistance if you have federal debts. Finally, these programs can protect you from further harm by giving you an option to close your debts permanently. Mortgage Relief Mortgage relief from the government is not offered to all debtors equally. Specific relief acts were designed in unique formats in response...]]></description><pubDate>February 24, 2010  4:07 AM</pubDate></item><item><title><![CDATA[3 Tips for Rapid Debt Elimination]]></title><link>http://www.finweb.com/banking-credit/3-tips-for-rapid-debt-elimination.html</link><description><![CDATA[ There is no quick fix for debt elimination. Debt settlement companies that offer to relieve your obligations to repay debts are often over-selling their services. The fact is: a debt is a legal contract, and it cannot be eliminated without a drastic step. There are some unique strategies, though, that can help you eliminate debt much faster than traditional means would allow. #1 Make a Principal Payment The majority of your monthly payments at the beginning of your loans go toward interest. This is because of a system lenders use to prevent you from paying off the loan early....]]></description><pubDate>February 24, 2010  4:06 AM</pubDate></item><item><title><![CDATA[The Long-Term Impacts of Debt Settlement]]></title><link>http://www.finweb.com/banking-credit/the-long-term-impacts-of-debt-settlement.html</link><description><![CDATA[ Going through the debt settlement process can be one way to eliminate your debt problems. However, it will leave some lasting negative effects. Here are some of the long-term impacts of debt settlement.&amp;nbsp; Damaged Credit History The longest lasting impact from a debt settlement comes in the form of negative credit consequences. When you go through a debt settlement, most of the time, your credit file will be negatively impacted. Your credit reports will list the accounts as &quot;settled&quot; instead of &quot;paid in full.&quot;&amp;nbsp; While you may be thinking only about eliminating your debt, the record of debt settlement...]]></description><pubDate>February 24, 2010  4:02 AM</pubDate></item><item><title><![CDATA[Non-Profit Credit Counseling Services]]></title><link>http://www.finweb.com/banking-credit/non-profit-credit-counseling-services.html</link><description><![CDATA[ Reaching out for help from a credit counseling service is not an easy thing to do. When you get in trouble with debt, it can be hard to realize that you have a problem. If you are in this situation, non-profit credit counseling services could potentially help you. Here are the basics of non-profit credit counseling services and what they can do for you. Non-Profit Help When you are in debt, deciding to get help from a non-profit credit counseling service could be a good idea. The great thing about these services is that they are not in it...]]></description><pubDate>February 24, 2010  4:00 AM</pubDate></item><item><title><![CDATA[Debt Settlement and Debt Consolidation Services Compared]]></title><link>http://www.finweb.com/banking-credit/debt-settlement-and-debt-consolidation-services-compared.html</link><description><![CDATA[ Debt settlement and debt consolidation often come hand in hand, but it is not necessary to combine them. Settlement is the process of paying down one debt for lower than the remaining amount owed. Consolidation, by contrast, is the process of paying off multiple debts with a new loan at better terms. It is common for consolidation also to incorporate settlement, reducing the total debt remaining on each loan. Both of these options are forms of debt modification, so both will come with penalties along with rewards. Penalties for Debt Settlement The biggest penalty for settling debt is a...]]></description><pubDate>February  9, 2010  5:05 PM</pubDate></item><item><title><![CDATA[How to Identify Debt Settlement Scams]]></title><link>http://www.finweb.com/banking-credit/how-to-identify-debt-settlement-scams.html</link><description><![CDATA[ There are many debt settlement scams that you need to watch out for. The debt settlement business is a booming industry with many companies involved. Debt is a big problem in this country, with millions of people in trouble. Many of these debt settlement scams prey on these people and try to take advantage of them in one way or another. If you are considering going through the debt settlement process, you need to make sure that you do not fall victim to a scam. Here are a few ways to identify a debt settlement scam before you sign...]]></description><pubDate>January 28, 2010  4:47 PM</pubDate></item><item><title><![CDATA[How to Identify a Reputable Debt Settlement Company]]></title><link>http://www.finweb.com/banking-credit/how-to-identify-a-reputable-debt-settlement-company.html</link><description><![CDATA[ Finding a debt settlement company can be challenging because there are many that will take advantage of your vulnerable position. Choosing to settle debt is often the last step before bankruptcy. It allows you to negotiate a one-time, cash settlement for lower than the remaining owed sum on the loan. Since most borrowers do not have the cash needed, a debt settlement company offers a high risk loan to needy borrowers. The company may even help you get a better deal on settlement if you pick the right organization. Ask for Fee Disclosure Debt settlement companies do not provide...]]></description><pubDate>January 28, 2010  4:43 PM</pubDate></item><item><title><![CDATA[3 Reasons Creditors Prefer Debt Settlement to Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/3-reasons-creditors-prefer-debt-settlement-to-bankruptcy.html</link><description><![CDATA[ Other than debt settlement, bankruptcy is an option to solving your debt situation.&amp;nbsp; Nonetheless, debt settlement be able to prevent a number of negative consequences. Chief among those consequences is the credit score problem that comes with a bankruptcy. Many lenders will not be willing to issue a loan to a borrower who has filed for bankruptcy in the past. Bankruptcy can also be very expensive and stressful. The good news: creditors may prefer settlement as well. Creditors also lose out when bankruptcy occurs. They will work with borrowers to help rectify the situation before the courts get involved....]]></description><pubDate>January 28, 2010  4:41 PM</pubDate></item><item><title><![CDATA[Debt Settlement vs Bankruptcy Compared]]></title><link>http://www.finweb.com/banking-credit/debt-settlement-vs-bankruptcy-compared.html</link><description><![CDATA[ When you are in trouble financially, you may find yourself looking at debt settlement&amp;nbsp;or bankruptcy. Depending on how bad your situation is, both possibilities have some merit. Both options will potentially help you handle your debt problem, but hurt your credit. However, they have properties that make them unique and effective in the right situation. If you are considering between debt settlement and bankruptcy, here are a few things to consider.&amp;nbsp; Debt Settlement When you undergo a debt settlement, you are working with your creditors on an individual basis. You can have an agent represent you or you can...]]></description><pubDate>January 28, 2010  4:37 PM</pubDate></item><item><title><![CDATA[4 Debt Settlement Alternatives]]></title><link>http://www.finweb.com/banking-credit/4-debt-settlement-alternatives.html</link><description><![CDATA[ If you have mounting credit cards bills that you can't seem to pay down, you may have considered debt settlement. A debt settlement company negotiates a payment with the creditors, and you pay the settler directly, who in return makes your payments to the creditor. Debt settlement will have a serious impact on your credit that will linger&amp;nbsp;for up to seven years. It also can be an expensive option since the debt settlement company will take its cut. Before committing to a settlement company, explore other alternatives for repaying your debt. 1- Make a Plan and Stick With it...]]></description><pubDate>January 28, 2010  4:32 PM</pubDate></item><item><title><![CDATA[How Credit Debt Consolidation Can Become Complicated]]></title><link>http://www.finweb.com/banking-credit/how-credit-debt-consolidation-can-become-complicated.html</link><description><![CDATA[Credit debt consolidation is sometimes a necessary tool that you will end up needing to use because your debt has gotten out of control. If done properly, credit card debt consolidation can be an effective tool to reduce and manage debt. Below are some tips to keep debt consolidation for credit from becoming too complicated and frustrating:Get OrganizedBefore you begin to consolidate your credit, you will need to put some numbers together for a better understanding of your credit profile. You will need to review all of your credit cards and write down all of the necessary information about each...]]></description><pubDate>October 22, 2009  3:50 PM</pubDate></item><item><title><![CDATA[Not Paying Credit Card Debt? Words Of Caution!]]></title><link>http://www.finweb.com/banking-credit/not-paying-credit-card-debt-words-of-caution.html</link><description><![CDATA[Not paying credit card debt means that you rack up more and more debt each month. If you fail to pay your credit card debt for a few months in a row, you will see your credit score significantly drop, and you may even receive a debt lawsuit notification from the creditor. In order to avoid permanent damage to your finances and credit score, and to stay out of court, take the following credit card debt actions today.Don&amp;rsquo;t Ignore Your DebtConfront your debt head-on. Do not ignore it, or it will simply grow and grow until it becomes unmanageable. Credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Get a Secured Credit Card After Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/how-to-get-a-secured-credit-card-after-bankruptcy.html</link><description><![CDATA[If you&amp;rsquo;ve recently filed bankruptcy, you may be wondering what you&amp;rsquo;re options are and if you can get a secured credit card after bankruptcy. You may not qualify for some loans, but if you get a secured credit card after bankruptcy you can rebuild your credit and get a good credit score before the bankruptcy even falls off the credit report.What&amp;rsquo;s a Secured Credit Card?Secured credit cards haven&amp;rsquo;t always been very desirable in the past because some don&amp;rsquo;t help you rebuild your credit. A secured credit card basically is a second chance card.When you get a secured credit card, you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Get Online Credit Card Debt Consolidation]]></title><link>http://www.finweb.com/banking-credit/how-to-get-online-credit-card-debt-consolidation.html</link><description><![CDATA[Online credit card debt consolidation is an option that individuals with multiple credit card debts use to get out of debt. Just paying the minimum balance for multiple credit cards might take someone decades to fully pay off, plus thousands and thousands of dollars of interest payments on each card. Wouldn&amp;rsquo;t you rather consolidate all of your credit card debt into one payment, with one interest rate? If you have too many credit cards to keep up with, and too much credit card debt to comprehend, consider online credit card debt consolidation as a way to simplify your payments, reduce...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Debt Tips To Help Stay Afloat]]></title><link>http://www.finweb.com/banking-credit/credit-card-debt-tips-to-help-stay-afloat.html</link><description><![CDATA[Excessive credit card debt can quickly become overwhelming if you are carrying a balance month to month. Carrying a balance means you are charged more over the life of your credit line. Your credit score will hurt, making your mortgage and car loans more expensive as well. Ultimately, you will fail to build your net worth if you do not manage your debt. When you cannot pay off all of your debt, though, do what you can to stay afloat.Pay Off the Highest Interest Rate FirstIt sounds simple, but too many people make this mistake. Pay off the credit card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Debt Law: Understand Your Rights]]></title><link>http://www.finweb.com/banking-credit/credit-card-debt-law-understand-your-rights.html</link><description><![CDATA[You should understand how credit card debt laws protects your rights as a consumer prior to entering any debt negotiations. Many debtors are surprised to know there are laws in place to look out for their best interest. If you are facing excessive credit card debt, inform yourself of your legal rights. Your ability to advocate on your own behalf relies on an understanding of the laws that protect you.State LawsIndividual states set specific debt laws for a number of factors. For example, the statute of limitation on credit card debt will vary by state. The statute of limitations tells...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Credit Card Debt Consolidation Will Help You]]></title><link>http://www.finweb.com/banking-credit/how-credit-card-debt-consolidation-will-help-you.html</link><description><![CDATA[Credit card debt consolidation is the process of paying off your debts with one loan, hopefully at a better interest rate. Consolidation can be an intimidating process for those who are unfamiliar to the debt settlement field. However, debt consolidation can help save you money in the long run if you achieve lower rates. It can get creditor off your back to relieve your stress. The process can also bring you one, simple payment each month to help you budget more effectively. If you are considering consolidation, learn the basics.Who Can Benefit from Debt Consolidation?Credit card debt consolidation is best...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Services Do Debt Settlement Credit Repair Orgs Provide?]]></title><link>http://www.finweb.com/banking-credit/what-services-do-debt-settlement-credit-repair-orgs-provide.html</link><description><![CDATA[A debt settlement credit repair service offers the same services as other types of credit repair services and organizations. This includes counseling and assistance with items that appear on a consumer credit report including those reported in error.&amp;nbsp;A debt settlement credit repair organization can also help negotiate payments schedules and work with consumers and creditors to settle outstanding debts and improve credit scores.What a Debt Settlement Credit Repair Organization DoesA debt settlement credit repair service works to find ways to lower the overall debt level for a consumer.&amp;nbsp;By analyzing an individual&amp;rsquo;s financial situation, which includes reviewing a credit report for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Is The Average Household Credit Card Debt?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-average-household-credit-card-debt.html</link><description><![CDATA[The average household credit card debt is around $8,300. Statistics show that Americans now rely more and more on plastic to cover life expenses. The average American carries eight credit and debit cards, a number that no doubt contributes to the high average household credit card debt.The Numbers Don&amp;rsquo;t LieA Federal Reserve survey shows that about 80% of American households have at least one credit card; 20% of households do not have a credit card. The average household credit card debt is roughly $11,000. Surveys show that only 50% of credit card holders claim to pay their full credit card...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Debt for Consolidation - a Bank Moneymaking Service]]></title><link>http://www.finweb.com/banking-credit/credit-debt-for-consolidation-a-bank-moneymaking-service.html</link><description><![CDATA[Because of the cost of credit debt consolidation services, many people with good credit are looking for low interest loans to pay off their debts. Many banks welcome these types of loans the make money in two ways: the banks charge a fee for the loan and then make money from the monthly interest payments.How to Use a Bank for Debt ConsolidationIf you own a home with a substantial equity a second mortgage or home equity loan might be the best deal. Since this loan uses your home as collateral, the banks are more willing to lend. With this type...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Consolidation - Desperate Debt Help]]></title><link>http://www.finweb.com/banking-credit/credit-consolidation-desperate-debt-help.html</link><description><![CDATA[You may consider consolidation credit options for debt help when you owe multiple lenders and cannot meet those financial obligations. Consolidation is different than other types of debt assistance because it involves paying off these various debts with one new loan. Typically, the new loan is offered through a consolidation agency that works with individuals with bad credit to extend better than average interest rates to those in need. The process should only be considered if you are a good candidate based on a number of factors.Multiple DebtsYour new consolidation lender will pay off your existing loans. Often, they will...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can You Hide From Your Bad Credit Account?]]></title><link>http://www.finweb.com/banking-credit/can-you-hide-from-your-bad-credit-account.html</link><description><![CDATA[After a while, non-payment may cause the account to become a bad credit account. While we may wish we could hide from our bad credit accounts, it isn't something we can do for long. Why can't you hide from bad credit accounts?Lenders, creditors, and banks make it very hard to hide for a long time. You can dodge them for a few months, maybe even a couple of years, by avoiding phone calls and moving without updating your address. The fact is, all the bad accounts have access to your social security number, which is tied to your paycheck, your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Legal Advice For Credit Card Debt Holders]]></title><link>http://www.finweb.com/banking-credit/legal-advice-for-credit-card-debt-holders.html</link><description><![CDATA[Credit card debt legal advice is for individuals who cannot pay off their credit card debt and therefore, rack up more and more debt each day. Debt can be a very heavy burden to carry, and ignoring your debt will only make it worse. Here are some ways to alleviate the stress and pressure of credit card debt.Verify DebtThe first legal advice credit card debt tip is to request proof of debt verification from the creditor. According to the law, creditors must verify all related documentation to ensure that the default account belongs to the person they are contacting and/or...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Consumer Credit Debt Consolidation When You're Unemployed]]></title><link>http://www.finweb.com/banking-credit/consumer-credit-debt-consolidation-when-you-are-unemployed.html</link><description><![CDATA[Consumer credit debt consolidation allows you to negotiate lump sums for all of your existing loans and pay your debt off with a single new loan. You then pay one monthly payment to the debt consolidation company. The process is similar to refinancing your debt with a new loan. Taking out the new loan at a decent interest rate relies on a number of factors in your financial stability; employment is one of those factors. When you are unemployed and seeking debt consolidation, you will face more challenges with the process. To make the process a success, be prepared for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Tactics for Handling a Credit Card Debt Lawsuit]]></title><link>http://www.finweb.com/banking-credit/helpful-tactics-while-in-a-credit-card-debt-lawsuit.html</link><description><![CDATA[Credit card companies often file a credit card debt lawsuit against borrowers who fail to pay their outstanding debts. If you are a debtor facing such a lawsuit, there are ways to protect yourself before and during the trial as well as methods of negotiating your way out of the lawsuit altogether.Verify and Review DebtFirst, request that the credit card company verify your debt. This involves reviewing personal information, such as your name, address and Social Security number, as well as account information and balance history. Creditors must verify debt before issuing a credit card debt lawsuit, so be sure...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Debt Consolidation Credit Counseling Tips]]></title><link>http://www.finweb.com/banking-credit/5-debt-consolidation-credit-counseling-tips.html</link><description><![CDATA[Consumers, who find themselves in financial trouble with debts far beyond their ability to handle with their present cash flow, need to find debt consolidation credit counseling help. Professional credit counselors will aid financially strapped consumers with personalized plans to whittle away at debt providing advice about everyday money management techniques. When seeking a productive counseling service, you need to avoid the many scams that exist which will only take your money. Here are some tips:1. Ask Others What WorksBefore choosing a debt consolidation counselor or company advertising these services it is a good idea to verify their professional level...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How a Credit Card Debt Collection Agency Works]]></title><link>http://www.finweb.com/banking-credit/understanding-how-a-credit-card-debt-collection-agency-works.html</link><description><![CDATA[A credit card debt collection agency collects individuals' debts on behalf of credit card companies. A collection agency is not a division within the credit card company. It is its own business comprised of collectors who work around the clock to collect unpaid debt.How These Companies Make MoneyA collection agency makes a deal with the credit card company to receive a portion of what it collects from each delinquent account. For example, if the agency is able to get a debtor to pay $5,000 of its debt, the collection agency may receive around 10 to 20 percent of the total...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Debt Free Credit Counseling Tips for Financial Freedom]]></title><link>http://www.finweb.com/banking-credit/debt-free-credit-counseling-tips-for-financial-freedom.html</link><description><![CDATA[When consumers follow debt free credit counseling tips, a new perspective of personal responsibility and financial freedom can be learned. Debt free credit counseling organizes a plan and provides realistic goals to achieve financial goals.&amp;nbsp; The organizational methods are easy to follow and can provide a healthier approach to money and finances.Create a BudgetCredit granters create budget guidelines by analyzing ability first. Consumers need to have the feeling of an overall healthy life and need to have money for play, food and living expenses. The key is for consumers to follow a plan of proper ratio expenses. Housing: A large...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Have A Credit Card Debt Problem?  We'll Help!]]></title><link>http://www.finweb.com/banking-credit/have-a-credit-card-debt-problem-we-will-help.html</link><description><![CDATA[Facing a credit card debt problem is stressful and overwhelming, but there are resources to assist you in overcoming the challenge. It is important to know there is not one solution that is right for everyone. You must take time to consider your options and talk to your lenders, credit agencies and trusted advisers. Options to consider include debt consolidation, debt refinancing, debt settlement and bankruptcy.Debt ConsolidationDebt consolidation is right for people who have multiple outstanding debts with more than one lender. You will benefit by going through a process that leaves you with one monthly payment. The monthly payment...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Get an Unsecured Credit Card After Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/how-to-get-an-unsecured-credit-card-after-bankruptcy.html</link><description><![CDATA[You may think that once you&amp;rsquo;ve filed, you can&amp;rsquo;t get an unsecured credit card after bankruptcy. If you want to know how to get an unsecured credit card after you&amp;rsquo;ve filed bankruptcy, this article will show you how.What&amp;rsquo;s an Unsecured Credit CardMost people don&amp;rsquo;t know that there are two different kinds of credit cards. A secured credit card has a bank account tied to the card that is collateral for the card, in case you can&amp;rsquo;t make the payments. You can&amp;rsquo;t spend over the amount that is in the account.An unsecured credit card doesn&amp;rsquo;t have any safety nets. Whether you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Is The Average College Student Credit Card Debt?]]></title><link>http://www.finweb.com/banking-credit/what-is-the-average-college-student-credit-card-debt.html</link><description><![CDATA[The average college student credit card debt is around $3,200. A student&amp;rsquo;s credit card debt heavily depends on their age, their year in school, their employment status, and how many credit cards they have.A Sallie Mae StudyAccording to this Sallie Mae study from April 2009, the average credit card debt varies significantly from college freshmen to seniors. Freshman had an average of $2,038 in credit card debt, while college seniors carried an average of $4,138.Why So Much Debt?Another 2004 study showed some very interesting statistics, one being that 78% of college students got their first credit card between the ages...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Bankruptcy Credit Counseling:  How To Get Back On Track]]></title><link>http://www.finweb.com/banking-credit/bankruptcy-credit-counseling-how-to-get-back-on-track.html</link><description><![CDATA[Sometimes when you can&amp;rsquo;t see above the &amp;ldquo;water line&amp;rdquo; of bills that pile up on a monthly basis, and you so not have enough money coming in to handle he needed money going out, bankruptcy credit counseling may be your last and best solution. Bankruptcy will stay on a consumer&amp;rsquo;s credit report anywhere from seven to 10 years and can keep you from opening many essential financial accounts. Although it may be your only choice, take the necessary steps available trying to avoid this legal scenario, follow these guideline if you are literally at your dollar&amp;rsquo;s end.1. Know Your DebtGet...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Refinance Your Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/how-to-refinance-your-credit-card-debt.html</link><description><![CDATA[Refinancing credit card debt means paying off your current debt-load with another loan. Refinancing is different than debt negotiation. In debt negotiation or debt settlement, you work with your lenders to reduce the total principal you owe by offering a fast, lump-sum payment. Refinancing means you will still have monthly payments, but they will be to a different lender. The ultimate goal in refinancing is to secure a better debt situation than the one you are currently in. To gain those benefits, you must enter the process carefully.Step 1: Take an Inventory of All of Your DebtHow much debt do...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Get Out of Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/how-to-get-out-of-credit-card-debt.html</link><description><![CDATA[Understanding how to get out of credit card debt can make the difference between financial prosperity and declaring bankruptcy. If you are in excessive debt and feel overwhelmed, there are options available to begin moving forward from the immediately crisis. Following the correct steps will help you rebuild your credit score and achieve financial freedom.Stop Using Your Credit CardThe first step to getting out of credit card debt is to stop spending. If you are using your credit card for luxury purchases, such as clothing or vacations, cut the card or lock it in a safe. Stop these luxury purchases...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Debt Settlement Letter: Understanding The Fine Print]]></title><link>http://www.finweb.com/banking-credit/credit-card-debt-settlement-letter-understanding-the-fine-print.html</link><description><![CDATA[A credit card debt settlement letter is a letter written to or by a credit card company to settle existing credit card debt. Sometimes the borrower writes the credit card debt settlement letter to the creditor in an attempt to negotiate a lower payment amount. Other times, creditors write the letter to the debtor in an attempt to get at least part of the debt owed to them.What a Settlement Letter ContainsA credit card debt settlement letter contains the following information: the card holder&amp;rsquo;s account number and misc. personal information; the outstanding credit card balance; the proposed and/or agreed upon...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Negotiate Credit Card Debt Easily]]></title><link>http://www.finweb.com/banking-credit/how-to-negotiate-credit-card-debt-easily.html</link><description><![CDATA[If you&amp;rsquo;re wondering how to negotiate credit card debt, there are several steps you can take to alleviate the burden of debt. Most credit card companies will help borrowers who show a genuine desire to repay their debt, even if money is tight. It never hurts to ask, so don&amp;rsquo;t hesitate to call your credit card company and ask how to negotiate credit card debt.What You&amp;rsquo;ll Need to Negotiate Credit Card DebtSince you&amp;rsquo;re negotiating with credit card companies who already have all of your personal information, you really don&amp;rsquo;t need to provide any information for them. You should, however, prepare...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Re-Aging Delinquent Accounts]]></title><link>http://www.finweb.com/banking-credit/re-aging-delinquent-accounts.html</link><description><![CDATA[Re-aging your credit accounts is a technique that can be used to help clean up your credit history, particularly if you only had a brief problem and are now back on firm financial footing. Basically, when an account is re-aged, it's no longer considered past due. The creditor simply reclassifies the account as &amp;quot;current.&amp;quot; For example, let's say that you're three months behind on one of your credit cards. If you can convince the credit card provider to re-age your account, it would be as if those three months never were. You'll still owe the same amount of money, but...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Simple Ways to Pay down that Debt]]></title><link>http://www.finweb.com/banking-credit/simple-ways-to-pay-down-that-debt.html</link><description><![CDATA[In previous years when the economy showed signs of growth and strength, people purchased more, using both cash and credit to buy bigger homes, bigger cars, longer vacations &amp;ndash; pretty much anything and everything they wanted. They were confident that that their wages would continue to grow along with the company they worked for, and in the ultimate strength of the dollar in the global market. As long as the monthly payments were being met, everything was fine. However, the last few years have seen a dramatic reversal of this &amp;quot;buy now, pay later&amp;quot; attitude. Rising prices across the board...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Colors of Credit: Red Flags and Black Marks]]></title><link>http://www.finweb.com/banking-credit/the-colors-of-credit-red-flags-and-black-marks.html</link><description><![CDATA[Consumer debt today is at an all-time high, and it continues to grow. Throughout the early years of this decade, there has been steadily increasing apprehension among economists about these higher debt levels. Analyses (and common sense) suggest that higher levels of consumer debt will eventually lead to higher delinquency and default rates. Let's look at some of the warning signs of financial trouble that creditors look for and what happens if you fall behind on a credit account. Lenders and credit bureaus are watchful primarily for late payments or delinquencies as a sign of financial difficulties. Delinquencies are reports...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Got an Old, Old Bill?]]></title><link>http://www.finweb.com/banking-credit/got-an-old-old-bill.html</link><description><![CDATA[If you have an outstanding bill and you think the creditors will write it off, be careful. You may be thinking, &amp;quot;This credit card bill is six years old!&amp;quot; Well, that doesn't matter; there is no Statute of Limitations when it comes to credit card bills. What can you do? If you've found a bill that you haven't paid in years, here are a few suggestions.If a lender doesn't receive payment within six months, it will typically take several actions. They will not only report it to the credit bureaus, they may also turn it over to a collection agency....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Trap of Easy Credit]]></title><link>http://www.finweb.com/banking-credit/the-trap-of-easy-credit.html</link><description><![CDATA[When you think about it, consumer credit seems in many ways to be a self-fulfilling prophecy. As more people utilize it, more merchants come to the conclusion that they need to accept it. And, as more merchants accept it, more consumers tend to use it. That would explain why in today's marketplace everyone seems to want to offer credit. Many store employees have been trained to ask if you'd like to open a charge account whenever they see you attempting to pay by cash or check. This steady bombardment of credit opportunities tends to have a cumulative effect on the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Dealing with Bill Collectors]]></title><link>http://www.finweb.com/banking-credit/dealing-with-bill-collectors.html</link><description><![CDATA[Are the bill collectors calling you constantly? Are they harassing you incessantly or sending you letters? If so, here are some bill collector negotiation tips that may come in handy. According to the Federal Trade Commission (FTC), there are certain standards and regulations bill collectors must follow when pursuing payment of debts. The Fair Debt Collection Practices Act is the federal law that dictates how and when a debt collector may contact you. It stipulates that a debt collector may not call you before 8 a.m., after 9 p.m., or while you're at work if the collector knows that your...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Be Careful with Credit Counselors]]></title><link>http://www.finweb.com/banking-credit/be-careful-with-credit-counselors.html</link><description><![CDATA[There are a large number of companies and individuals that attempt to pass themselves off as credit counselors in order to capitalize on the misfortunes of those who are in severe debt. To help you identify who these unscrupulous entities are, the Federal Trade Commission (FTC) has developed a list of questions that you should ask to determine if a particular credit-counseling agency is reputable. These questions include: What services do you offer? A reputable credit counseling service will offer budget counseling and savings and debt management classes, plus be able to provide you with the services of someone who's...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Debt &amp; Divorce: What Happens Next]]></title><link>http://www.finweb.com/banking-credit/credit-card-debt-and-divorce-what-happens-next.html</link><description><![CDATA[Credit card debt and divorce are very difficult, stressful situations just by themselves, but when they are joined together, it can be even more difficult and stressful. What happens to joint credit card debt once a divorce is finalized? Who is responsible for paying off the debt?Decide It in CourtIn most cases, joint credit card debt is discussed and agreed upon in a divorce decree before the case goes to court. The two parties agree upon which person is responsible for paying the outstanding debt, or they&amp;rsquo;ll agree upon how to split the debt evenly. Sounds simple, right? Unfortunately, credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Card Settlement Agencies]]></title><link>http://www.finweb.com/banking-credit/credit-card-settlement-agencies.html</link><description><![CDATA[Needless to say, credit cards are an overwhelmingly popular financial device, allowing us to make purchases we couldn't otherwise afford and pay for them later. However, their use has more than tripled in recent years, with more and more individuals obtaining access to credit accounts. Credit card companies generally make it very easy today for almost anyone to get a credit card by sending offers of &amp;quot;pre-approved&amp;quot; credit. Even high school students receive offers such as these in the mail or online. While credit cards can be very handy and convenient, they're also a source of financial trouble for the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Negotiating with Creditors]]></title><link>http://www.finweb.com/banking-credit/negotiating-with-creditors.html</link><description><![CDATA[Negotiating with creditors is certainly not an easy task. They may be pushy, obnoxious, intimidating, or downright rude. After all, their job is to find a way to collect money from people who haven't paid. It's your job, on the other hand, to protect your own interests while at the same time honoring your financial and legal obligations. And despite what they may say, collection agents do not have your best interest at heart. They're not concerned about your problems; they simply want to get you to pay the money that's due them or the company that they represent. Here...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Two Types of Debt]]></title><link>http://www.finweb.com/banking-credit/two-types-of-debt.html</link><description><![CDATA[When you look at your bills each month, you may feel overwhelmed by the amount of money that you&amp;rsquo;re spending simply because of debt. At times your debt may seem like a trap that you'd like nothing better than to fight your way out of, but you must take note of the fact that not all debt is really bad. When lenders evaluate your credit report to see what kinds of accounts you have, they'll look at some debts more favorably than they will others. If you&amp;rsquo;re focusing on getting out of debt, you first need to understand which debts...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Pay Down Credit Card Debt In 4 Easy Steps]]></title><link>http://www.finweb.com/banking-credit/pay-down-credit-card-debt-in-4-easy-steps.html</link><description><![CDATA[It takes patience, diligence, and control to pay down credit card debt. If you are currently in credit card debt, don&amp;rsquo;t panic. Here are 4 easy steps you can take to pay down credit card debt and reduce financial stress and burden.Step 1 &amp;ndash; Stop Using Your Credit CardsThis may sound like an impossible task, but it is doable and necessary if you are to pay down credit card debt. Instead of using plastic (which can be addictive), use cash to make necessary purchases. Why carry a credit card if using it only leads to more and more debt?Step 2...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Be Proactive to Negotiate Debt]]></title><link>http://www.finweb.com/banking-credit/be-proactive-to-negotiate-debt.html</link><description><![CDATA[If your debt has gotten out of control, you may think you're running out of options. As you look over the numbers it may appear that the only thing left for you to do is to file bankruptcy. But don't be too hasty. There may be another option that you can use to possibly keep your credit intact and simultaneously appease your creditors. It's called debt negotiation, whereby instead of throwing your hands up in the air and giving up, you sit down and talk with your lenders to work out a solution that everyone can live with. Many people...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Settling Your Debt]]></title><link>http://www.finweb.com/banking-credit/settling-your-debt.html</link><description><![CDATA[If you're behind &amp;ndash; way behind &amp;ndash; on a debt, so much so that the collection agency has stopped calling, you've actually stumbled into a better position from which to negotiate, because a silent telephone means that the creditor is no longer very optimistic about getting paid. So when you do choose to negotiate, it's a good idea to do so with the collection agency in person and face-to-face. Most are not set up to do this, and are likely to be more flexible when sitting across the desk from you than talking over the phone. However, if you're forced...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Secured-Debt Difficulties]]></title><link>http://www.finweb.com/banking-credit/secured-debt-difficulties.html</link><description><![CDATA[Non-secured lenders are often more flexible about working with customers that are having financial difficulties because they basically have to be &amp;ndash; their prospects of being repaid are only as good as the borrower's ability to pay). Conversely, secured lenders (creditors who've loaned money that's backed by specific collateral) are not always quite as agreeable. If you fall behind on the payments for a secured loan such as a house or car, you're in danger of having the property seized by the lender. In the case of real estate, that means foreclosure. If the loan is on a car, truck...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Vital Credit Card Debt Facts]]></title><link>http://www.finweb.com/banking-credit/5-vital-credit-card-debt-facts.html</link><description><![CDATA[Knowing credit card debt facts will give you an advantage in negotiating the best options to get yourself out of debt. Even if you feel you are in over your head, there are simple protections in place to give you options. You have the ability to preserve your best interest when you have credit card debt. Be proactive and knowledgeable, and you can take control of your debt.Fact #1: You Have the Right to NegotiateThe legal system has protections for borrowers, such as bankruptcy proceedings and settlements. These provisions exist to protect you from complete financial disaster. You do not...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Choosing a Debt Settlement Company]]></title><link>http://www.finweb.com/banking-credit/choosing-a-debt-settlement-company.html</link><description><![CDATA[Consumer debt continues to increase and many consumers find themselves looking for any way out of what seems to be an impossible hole. Unfortunately, one option that many choose is bankruptcy. Another is hiring the services of a debt settlement company. If you're over your head in debt and are considering a debt settlement company's help, ask the following questions as you shop around: How much does the service cost? If the service costs more than you can reasonable afford, you'll simply be signing up for more credit problems in the future. If, during your comparisons, you find that you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Debt Settlement]]></title><link>http://www.finweb.com/banking-credit/debt-settlement-test.html</link><description><![CDATA[Because we live in a credit culture, it stands to reason that we must also reside in a debt culture. This is necessarily so, for if you've used credit to buy, then by definition you are in debt. But it isn't simple debt that causes many a sleepless night among so many people &amp;ndash; it's excess debt. Not being able to manage debt &amp;ndash; which is just an extension of not being able to manage one's personal finances &amp;ndash; is a major cause (through stress) of many health as well as marital difficulties. It's therefore important to learn how to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Creditor Judgments and Exemptions]]></title><link>http://www.finweb.com/banking-credit/creditor-judgments-and-exemptions.html</link><description><![CDATA[Exempt property is property that a creditor cannot seize in order to satisfy a judgment. Depending upon the state in which you live, certain property is exempt from creditors, including judgment creditors and, in some cases, even the Internal Revenue Service. You should be aware of and understand your particular state's exemption laws to determine exactly what property can and cannot be taken from you for the payment of debts. State exemptions typically include your homestead (most states allow a certain portion of your equity to be exempt), a specified portion of your wages, pension and unemployment benefits, public assistance...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Talking to the Debt Collector]]></title><link>http://www.finweb.com/banking-credit/talking-to-the-debt-collector.html</link><description><![CDATA[Before you engage in any conversation with a debt collector, you'd be well-advised to familiarize yourself with the Fair Debt Collection Practices Act, which requires that debt collectors treat you fairly and refrain from certain behaviors and methods of collecting debt. It also establishes your rights and options in debt situations. Here are some suggestions regarding what to do should you find yourself in debt and receiving contact from a debt collector. When a debt collector calls, they may try to take you off guard. Whether you actually owe the money or not, they'll make the situation sound more much...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[In College and Have Student Credit Card Debt?]]></title><link>http://www.finweb.com/banking-credit/in-college-and-have-student-credit-card-debt.html</link><description><![CDATA[One of the most difficult issues facing graduating seniors today is college student credit card debt from books, living expenses and other financial obligations from school. In a tough job market, young people are not as able to pay off both student debt and credit card debt immediately. Your credit score will affect your ability to rent an apartment, own a car and possibly even find employment. Consider these options if you are facing credit card debt as a college student to keep your credit healthy.Consider Using Co-SignersIt is tempting to want complete financial freedom as a young adult. However,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Make a Deal with Your Creditors]]></title><link>http://www.finweb.com/banking-credit/make-a-deal-with-your-creditors.html</link><description><![CDATA[If you're stressed over the amount of debt you that you've incurred, you can call your credit card company to ask for a lower interest rate. But, there are certain conditions that you must meet before they'll consider cutting you such a break. First, your payment record with them must be good; and second, your payment record with other creditors must show responsibility as well. Remember, they can check your credit report to determine how you've paid. However, in some cases an interest-rate reduction may not be enough to relieve the financial pressure that you're feeling. If you fall behind...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[5 Tips To Get Out of Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/5-tips-to-get-out-of-credit-card-debt.html</link><description><![CDATA[If you are hoping to get out of credit card debt, there are certain actions that you can take immediately. There are several tips that can help you reduce the amount of money that you owe, and ultimately help you to pay off all of your debt. Learning how to consolidate and use discipline in your credit usage are important factors. Consider these five tips to help you get out of credit card debt.Tip #1. Stop or reduce your credit card usage.In order to lower the revolving balances on your credit card accounts, you need to stop charging them. Use...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Get Out from Under]]></title><link>http://www.finweb.com/banking-credit/get-out-from-under.html</link><description><![CDATA[The current 'credit crunch' has hurt vast numbers of consumers. Due to the fact that banks are now hesitant to lend money to anyone who's FICO score is less than 750, the inability to obtain loans for a new home, business, college tuition or just about anything else has become a national problem. Moreover, banks have now also begun raising their interest rates at a time when the Federal Reserve is lowering them. Why such an inconsistency? Put bluntly, banks are afraid that the new debts will not be repaid. In fact, any consumer that's simply late in making a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How to Eliminate Credit Card Debt Without Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/how-to-eliminate-credit-card-debt-without-bankruptcy.html</link><description><![CDATA[Credit card companies want you to eliminate credit card debt without bankruptcy because, if you declare bankruptcy, they do not receive any payments. It is in the best interest of you and your lender to negotiate a different solution. Eliminating debt the right way can save your credit and reduce financial stress. 1.&amp;nbsp; Take a Debt InventoryBefore entering any debt elimination program, you need to understand how much debt you really have. Your total debt include your mortgage, car payments, installment loans on appliances or electronics, tax liabilities, student loans and all credit card debt. Create a reference sheet for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Helpful Tips To Control Excessive Credit Card Debt]]></title><link>http://www.finweb.com/banking-credit/helpful-tips-to-control-excessive-credit-card-debt.html</link><description><![CDATA[Excessive credit card debt may be $5,000, $10,000 or $30,000 depending on the size of your credit lines and your income. Typically, debt is considered excessive when it is greater than 50% of your total credit limits. It is also possible you are in excessive credit card debt if you have carried a balance for more than 6 months without paying down any of the principal. You are the only one who truly knows when your credit card debt has become excessive; it is hard to recover from excessive debt. The best way to protect yourself against debt is to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[6 College Student Credit Card Debt Statistics]]></title><link>http://www.finweb.com/banking-credit/6-college-student-credit-card-debt-statistics.html</link><description><![CDATA[College student credit card debt statistics show that college students, on average, are more responsible spenders than other young adults their age but not in college. Despite the group's reputation of fiscal irresponsibility, these statistics show they are likely to be good clients of credit card companies. College students carry an average of $500 to $800 in debt while young adults carry closer to $1,500 on average. According to a study from Georgetown University, college students are more likely to pay off their balances than any other group studied. Most college students have between 2 and 3 credit cards. It...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Personal Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/personal-bankruptcy.html</link><description><![CDATA[Personal bankruptcy is designed to be a last-ditch financial solution which actually places a legal barrier between a debtor and his or her creditors. The United States Constitution guarantees its citizens the right to debt relief through bankruptcy, which can provide a new beginning and, with prudent budgeting and financial practices, a second chance at success. Far from a no-cost solution, bankruptcy can subject the debtor to the requirement of parting with at least some assets before the process is complete. However, it will not force the sale of everything that is owned. Previously, one of the first things that...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Be Wary of Relationship Debt]]></title><link>http://www.finweb.com/banking-credit/be-wary-of-relationship-debt.html</link><description><![CDATA[With the cost of living rising daily and salaries doing a very poor job of keeping up, it's understandable that many, many people are feeling the 'squeeze.' And with the devaluation of the dollar, the money that we do have just isn't going as far as it used to. Financial pressures (and others that life commonly brings) can take a toll on everyone; not just individuals, but couples and families as well. Added to the mix, the occurrence of relationship debt is being seen more frequently than ever before. What is relationship debt? Simply put, it's what happens when a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Debt Collection Tactics]]></title><link>http://www.finweb.com/banking-credit/debt-collection-tactics.html</link><description><![CDATA[There are a number of tactics that creditors can legally use to collect money owed to them. One of the most common procedures employed by creditors is to turn the delinquent account over to a collection agency. These agencies are businesses that earn money by collecting debts. They usually receive accounts by one of two ways: the creditor forwards the debt to the collection agency and agrees to pay a percentage of any amounts successfully collected; or the creditor sells the debt with the right to collect on it to the agency, who can then keep all that they&amp;rsquo;re able...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Your Rights in Debt Collection]]></title><link>http://www.finweb.com/banking-credit/your-rights-in-debt-collection.html</link><description><![CDATA[The federal government mandates specific rights for consumers with regard to debt collection and credit reports. Individual states may provide additional rights, as well. There are two federal laws with which you should become familiar in order to protect and exercise your rights: the Federal Fair Debt Collection Practices Act (FDCPA) and the Fair Credit Reporting Act (FCRA). Overviews of these laws are provided below: the full text of the legislation can be found at their respective websites. The Federal Fair Debt Collection Practices Act regulates the behavior which a debt collector or collection agency may exhibit toward you and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Keep a Lid on Your Debt]]></title><link>http://www.finweb.com/banking-credit/keep-a-lid-on-your-debt.html</link><description><![CDATA[Many people assume that they can afford something if they can simply make the monthly payments. But that's exactly the type of short-term thinking that will fetter you to a lifetime of interest charges on things that will break, wear out or become useless long before the last payment is made. Either that or you'll find yourself trapped in an &amp;quot;upside down&amp;quot; loan. What's an upside-down loan, you ask? It's a loan in which you owe more money than the item is worth. That's the case for about eighty percent of new car buyers, who drive off the lot owing...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Debt Settlement]]></title><link>http://www.finweb.com/banking-credit/debt-settlement.html</link><description><![CDATA[Because we live in a credit culture, it stands to reason that we must also reside in a debt culture. This is necessarily so, for if you've used credit to buy, then by definition you are in debt. But it isn't simple debt that causes many a sleepless night among so many people &amp;ndash; it's excess debt. Not being able to manage debt &amp;ndash; which is just an extension of not being able to manage one's personal finances &amp;ndash; is a major cause (through stress) of many health as well as marital difficulties. It's therefore important to learn how to...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[Credit Cards: Schemes To Resolve Debt Problems]]></title><link>http://www.finweb.com/banking-credit/credit-cards-schemes-to-resolve-debt-problems.html</link><description><![CDATA[Using one credit card to pay off another credit card can become a vicious cycle that can result in severe credit card debt problems. The idea behind offers like balance transfers and no-interest introductory offers can be a trap for consumers with undisciplined spending habits.Most consumers think the debt consolidation will offer credit relief because there is usually a lower interest rate tied to the new card. However, you must stop using the old credit card to benefit from the transfer. Often, many borrowers end up deeper in debt and in even more trouble with their monthly payments because they...]]></description><pubDate>October 20, 2009  6:19 PM</pubDate></item><item><title><![CDATA[How to Open a Safe Deposit Box]]></title><link>http://www.finweb.com/banking-credit/how-to-open-a-safe-deposit-box.html</link><description><![CDATA[Arranging to have a safe deposit box at your bank is an uncomplicated process. A yearly rental fee and a key will provide you great peace of mind, and may earn you a reduced rate on your homeowner's insurance. Step 1: Your Bank Location If the branch where you bank has safe deposit storage, ask about box sizes, annual fees and key rates. If safe deposit boxes are kept at another branch, find out the nearest location and contact them. You may have to open an account there to arrange automatic yearly fee payments. Step 2: Opening Your Safe Deposit...]]></description><pubDate>April  6, 2011  5:44 PM</pubDate></item><item><title><![CDATA[2 Options for High-Interest Savings Accounts]]></title><link>http://www.finweb.com/banking-credit/2-options-for-high-interest-savings-accounts.html</link><description><![CDATA[ If you want to get more out of your money, then you should consider putting it into high interest savings accounts because they are designed to bring in greater dividends. They work well for people who need to build up an emergency fund. They are are also great places to hold money while you are saving up to buy something, such as a car or new home. Money Market Account The money market savings account offers higher interest rates than that of traditional accounts. One of the drawbacks to this account is that it also has a higher minimum...]]></description><pubDate>February 12, 2011  4:00 AM</pubDate></item><item><title><![CDATA[Can a person stop payment on a cashier's check?]]></title><link>http://www.finweb.com/banking-credit/can-a-person-stop-payment-on-a-cashiers-check.html</link><description><![CDATA[If you issue a cashiers check, it is impossible to issue a stop payment. Once you create the cashier's check, the money is considered legal tender and is officially transferred from one part to another. You can only stop payment if there is fraud involved or if the check is lost or stolen. If you simply change your mind and do not want to pay any more, most banks will not be able to accommodate your request. Cashier's checks are typically used in real estate transactions because the money is considered legally transferred at the time of the request....]]></description><pubDate>January 25, 2011 12:10 PM</pubDate></item><item><title><![CDATA[Top 3 Reasons Not to Combine Your Small Business and Personal Banking]]></title><link>http://www.finweb.com/banking-credit/top-3-reasons-not-to-combine-your-small-business-and-personal-banking.html</link><description><![CDATA[ If you have both personal banking and small business banking needs, you should most likely avoid combining them. Here are a few reasons not to combine your small business and personal banking.&amp;nbsp; 1. Incentives You may want to separate your bank account so that you can take advantage of business banking incentives. Many banks will give you special features with a true business account that you could not get with a personal account. You may be able to save money on fees and earn additional interest.&amp;nbsp; 2. Avoid Temptation Another reason that you will need to keep these separate...]]></description><pubDate>September 29, 2010  4:14 AM</pubDate></item><item><title><![CDATA[3 Flexible Saving Account Options]]></title><link>http://www.finweb.com/banking-credit/3-flexible-saving-account-options.html</link><description><![CDATA[ If your employer offers a flexible saving account, you may have a few different options to choose from. Here are some of the different flexible saving account options that are available. 1. Medical One of the most commonly used types of flexible saving accounts is the medical version. With this type of flexible saving account, you will be able to use the money in the account for medical expenses that are not covered by your health insurance. With this type of plan, you will be able to pay for co-pays, deductibles, and other medical expenses like prescriptions. You can...]]></description><pubDate>September 18, 2010  4:07 AM</pubDate></item><item><title><![CDATA[Long-Term vs Short-Term Savings Accounts]]></title><link>http://www.finweb.com/banking-credit/long-term-vs-short-term-savings-accounts.html</link><description><![CDATA[ Banks offer a variety of saving accounts, each offering its own interest rates, benefits and disadvantages. Short-term saving accounts allows you to access your money when you need it, but there may be restrictions on when you can access your cash in long-term saving accounts, and how much you can take out at any given time. Short-Term Savings Accounts Checking and saving accounts are the two main short-term accounts offered to bank customers. The latter is not a popular choice because the amount of interest you can earn is low. Checking accounts are often a much better choice, because...]]></description><pubDate>September 18, 2010  4:05 AM</pubDate></item><item><title><![CDATA[High-Interest Savings Accounts: Should You Be Suspicious?]]></title><link>http://www.finweb.com/banking-credit/high-interest-savings-accounts-should-you-be-suspicious.html</link><description><![CDATA[ If you come across a high interest savings account you may be suspicious. While there are good deals available, those that seem too good to be true often times are. What is the Competition Offering? Before you do anything, compare the rate to those from other institutions. This will give you a better understanding of where the market stands, and whether the rate is suspiciously high. Is the Bank FDIC Insured? This has nothing to do with the interest rate being offered, but banks that are not FDIC insured are usually seen in a bad light. Often times, banks...]]></description><pubDate>July  1, 2010  4:16 AM</pubDate></item><item><title><![CDATA[How Are Savings Account Interest Rates Determined?]]></title><link>http://www.finweb.com/banking-credit/how-are-savings-account-interest-rates-determined.html</link><description><![CDATA[ Savings account interest rates are set by the individual bank offering the account. The bank can pay you this interest rate because it is using a portion of your funds for investments and loans, increasing its own income. When the bank is earning a lot through this technique, interest rates may be high. Otherwise, banks will cut savings account interest rates. Example Following the financial crisis of 2007, many banks made moves to reduce their expenses and increase their income. They were suffering from defaulted loans and reductions in their investment income. To reduce expenses, banks slashed rates on...]]></description><pubDate>June 24, 2010  4:07 AM</pubDate></item><item><title><![CDATA[Choosing between a Children's Savings Account and Investment Account]]></title><link>http://www.finweb.com/banking-credit/choosing-between-a-childrens-savings-account-and-investment-account.html</link><description><![CDATA[ You can help your child understand the value of money by establishing a children's savings account in his or her name. This not only gives your child a chance to learn about banking; if managed properly, it will also result in a large amount of savings by the time he or she matures. You may realize more benefit with an investment count, but the choice is yours. Savings Account Advantages The main advantage of choosing the savings account is education. Your child will be able to go straight to the bank and interact with tellers, asking questions about his...]]></description><pubDate>June 24, 2010  4:04 AM</pubDate></item><item><title><![CDATA[How Long do Wire Transfers Take?]]></title><link>http://www.finweb.com/banking-credit/how-long-do-wire-transfers-take.html</link><description><![CDATA[ The amount of time that it takes for a wire transfer to be completed depends on a variety of factors. Where the transfer is going, how much is being transferred and how it is being transferred all dictate the amount of time it will take to arrive at its destination. The Method of Transfer If you are transferring money from your bank account to another during regular business hours, the process should only take a few minutes. The same holds true if you are transferring cash to a bank account, via a system such as Western Union. However, transferring...]]></description><pubDate>June 23, 2010  4:27 AM</pubDate></item><item><title><![CDATA[4 Factors in Choosing a Children's Savings Account]]></title><link>http://www.finweb.com/banking-credit/4-factors-in-choosing-a-childrens-savings-account.html</link><description><![CDATA[ Opening a children&amp;rsquo;s saving account for your kids will help them develop smart money habits at an early age. Below are four important factors to consider when picking the right savings account for your children.1.&amp;nbsp; Attractive Interest RatesAlthough interest rates for junior savings accounts are usually higher than for regular accounts, you still need to shop around for the best rate. Even a small difference in interest can have a big impact on the amount of money that your children will be able to save through the years.2.&amp;nbsp; Low or Zero Maintenance FeesThe amount of money deposited in a...]]></description><pubDate>June 19, 2010  4:27 AM</pubDate></item><item><title><![CDATA[How Safe Is Your FDIC-Insured Bank?]]></title><link>http://www.finweb.com/banking-credit/how-safe-is-your-fdic-insured-bank.html</link><description><![CDATA[ The FDIC bank insures up to $250,000 on checking accounts, savings accounts, and time deposits. Investments including annuities and other securities are not included in the FDIC coverage. Certificate deposits in IRAs are covered, however mutual funds are not covered by the FDIC insurance. This $250,000 limit is scheduled to be reset to the $100,000 limit extended through 2013. One of the countervailing factors for the economic downturn was the increasing of the FDIC insurance coverage to $250,000 per qualified or non qualified account. That means that a single individual can be insured up to $500,000 for their checking...]]></description><pubDate>June 16, 2010  4:23 AM</pubDate></item><item><title><![CDATA[How to Make a Wire Transfer Online]]></title><link>http://www.finweb.com/banking-credit/how-to-make-a-wire-transfer-online.html</link><description><![CDATA[ Making a wire transfer online can be an easy way to send money to another individual quickly. Here are the basics of how to make a wire transfer online. Locate Wire Transfer Company The first thing that you are going to need to do is find a company that you can do business with. There are several companies out there that will wire money for clients. For example, Western Union is the most popular company for this. Open an Account&amp;nbsp; When you go to the company's website, you will be able to open an account with them easily. This...]]></description><pubDate>June 15, 2010  4:49 AM</pubDate></item><item><title><![CDATA[Balancing Your Savings Account with Other Account Options]]></title><link>http://www.finweb.com/banking-credit/balancing-your-savings-account-with-other-account-options.html</link><description><![CDATA[ A savings account is a good start to placing money aside, but it lacks the ability to increase your wealth that is presented by many other options. If you have the extra cash to allocate toward multiple savings methods each month, consider balancing your accounts in a strategic manner. Savings Account Your savings account should be large enough to sustain you for three months if you lost your job. This includes payment of all debts, utilities, and mortgage or rent plus living expenses. Once your account is sufficient in this way, you can stop allocating funds toward it. The...]]></description><pubDate>June 12, 2010  4:13 AM</pubDate></item><item><title><![CDATA[Wire Transfer Guide]]></title><link>http://www.finweb.com/banking-credit/wire-transfer-guide.html</link><description><![CDATA[ A wire transfer is a way to directly deposit funds into the account of another individual or business. Typically, wire transfers occur when large sums of money are being exchanged. This can occur between any two accounts within the United States. There are both procedural and legal guidelines to wire transfers. Ensure you are following both, to not only deliver the funds correctly, but also avoid any financial or legal penalties. Initiating the Transfer You will need basic information to initiate a transfer. This includes: The name of the person or institution on the account where the money will...]]></description><pubDate>June 11, 2010  4:37 AM</pubDate></item><item><title><![CDATA[Flexible Saving Account Coverage Details]]></title><link>http://www.finweb.com/banking-credit/flexible-saving-account-coverage-details.html</link><description><![CDATA[ Utilizing a flexible saving account, or FSA, can provide you with a great way to help pay for various medical expenses. Usually FSAs are less expensive than other types of accounts, like HMOs. If you get this type of account, it is important that you understand how it works and what the coverage details are. Here are a few things to consider about the coverage details of a flexible saving account. Contributions With this type of account, you can contribute pretax dollars from your paycheck. The money is allowed to stay in your account until you use it, or...]]></description><pubDate>June 10, 2010  4:13 AM</pubDate></item><item><title><![CDATA[Flexible Saving Account Legal Regulations]]></title><link>http://www.finweb.com/banking-credit/flexible-saving-account-legal-regulations.html</link><description><![CDATA[ Getting involved with a flexible saving account for your employer can make a lot of sense when you are trying to limit out-of-pocket expenses. These accounts are beneficial because the money that is set aside is not subject to taxes. It is critical that you understand the legal regulations associated with these types of accounts. Here are the basics of flexible saving account regulations. Qualified Expenses With this type of account, you can use the money that is saved for any qualified expenses. For example, you can use the money to pay for co-pays, deductibles, and various other medical...]]></description><pubDate>June 10, 2010  4:11 AM</pubDate></item><item><title><![CDATA[Pros and Cons of a Joint Bank Account]]></title><link>http://www.finweb.com/banking-credit/pros-and-cons-of-a-joint-bank-account.html</link><description><![CDATA[ Getting a joint bank account with your significant other can be helpful in certain situations. It can also cause problems in other situations. Here are a few pros and cons of getting a joint bank account. Pros When you get a joint bank account, you may find that it is easier to pay rent and other bills than it is with separate accounts. Many expenses such as a mortgage payment or rent are going to be large and it helps to combine all of the assets of the couple into one account to make these payments. Another advantage is...]]></description><pubDate>June  1, 2010  4:28 AM</pubDate></item><item><title><![CDATA[Common Fees Associated with a Savings Account]]></title><link>http://www.finweb.com/banking-credit/common-fees-associated-with-a-savings-account.html</link><description><![CDATA[ Even though the purpose of a savings account is to save money, there are a few fees that you may be charged. Banks may charge a monthly fee. Sometimes financial institutions will waive this monthly charge if the account holder arranges for direct deposit or a scheduled transfer of funds from a checking account. Maintaining a given account balance may also waive this monthly fee. Some fees are related to your savings account balance. For example, an account that requires $100 minimum balance might charge a small fee, usually around $5, if your balance falls below that amount. Other...]]></description><pubDate>June  1, 2010  4:22 AM</pubDate></item><item><title><![CDATA[Guide to Finding a Local Bank]]></title><link>http://www.finweb.com/banking-credit/guide-to-finding-a-local-bank.html</link><description><![CDATA[ In some cases, it might seem difficult to find a local bank that you want to work with. However, if you can successfully locate a local bank, it can provide you with a number of advantages. Here are a few things to consider about local banks and how you can find one. Advantages of a Local Bank There are many potential advantages that you could get by working with a local bank. One of the biggest benefits that you will receive is the customer service. Whenever you are working with someone face-to-face, they are going to go out of...]]></description><pubDate>May 29, 2010  4:17 AM</pubDate></item><item><title><![CDATA[How Safe Is a Wire Transfer?]]></title><link>http://www.finweb.com/banking-credit/how-safe-is-a-wire-transfer.html</link><description><![CDATA[ A wire transfer has become one of the most popular options for sending or receiving money. Unlike when you deposit money in someone's account, there is no physical cash movement in this option. Merely the balances in both the accounts are modified. Since the identification of both the parties is confirmed prior to transfer, it is considered a safe method. The popularity of wire transfers can also be attributed to their speed and convenience. The prospect of enabling transfers in a matter of a few minutes from the comfort of your home or office is definitely more attractive than...]]></description><pubDate>May 25, 2010  4:00 AM</pubDate></item><item><title><![CDATA[How to Close a Joint Bank Account]]></title><link>http://www.finweb.com/banking-credit/how-to-close-a-joint-bank-account.html</link><description><![CDATA[ A joint bank account is any account, either checking or savings, that is owned jointly by two or more people. With joint accounts, all parties have equal ownership and thus any individual may close the account without the consent of other joint account holders.Watch for Outstanding Checks and DebitsBefore you close any bank account, joint or otherwise, its crucial to ensure that all recent checks and debit transactions against the account have cleared. This prevents bounced checks, bounced check fees, additional fees from your banking institution and even potential legal trouble. Close the Account in PersonMost banks require you...]]></description><pubDate>May 23, 2010  4:24 AM</pubDate></item><item><title><![CDATA[What Is a Joint Bank Account?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-joint-bank-account.html</link><description><![CDATA[ A joint bank account is owned and shared by two or more persons whose funds are combined in the one account. The physical presence and signatures of both (or all) parties are required during the application procedure. The names of the account holders appear together on the account. Features of a Joint Bank AccountBecause a joint bank account belongs to more than one person, its features are different from those of a typical bank account. Some elements of this type of bank account are the following: All account owners can deposit to and withdraw funds from the account. When...]]></description><pubDate>May 20, 2010  4:32 AM</pubDate></item><item><title><![CDATA[What is a Stop Payment?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-stop-payment.html</link><description><![CDATA[ The stop payment is a common type of financial transaction and regularly takes place at your bank. Here are the basics of the stop payment and how it works. Stop Payment The process of a stop payment is very simple. This happens whenever an individual that has a checking account with a financial institution tells their financial institution not to honor a payment that they have made. For example, let's say that an individual wrote a check to someone else for the purchase of goods. After they took possession of the goods, they determined that the goods were faulty....]]></description><pubDate>May 15, 2010  4:13 AM</pubDate></item><item><title><![CDATA[What Is a Credit Union?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-credit-union.html</link><description><![CDATA[ A credit union is a type of financial institution that works differently from a traditional bank. Here are the basics of credit unions. Credit Union A credit union is a financial institution that allows individuals to join as members. Some credit unions are designed to allow certain individuals to join because they are members of an organization or they work for a certain employer. Many large employers offer credit unions as a benefit to their employees. The credit union will offer loans with the money that was deposited by credit union members. Credit unions typically have all of the...]]></description><pubDate>May  8, 2010  4:08 AM</pubDate></item><item><title><![CDATA[What Is a Flexible Saving Account?]]></title><link>http://www.finweb.com/banking-credit/what-is-a-flexible-saving-account.html</link><description><![CDATA[ A flexible saving account is a type of account that allows individuals to save money for qualified health expenses. &amp;nbsp;Here are the basics of the flexible saving account. Flexible Saving Account The flexible saving account is also referred to as a flexible spending account. This is a type of account offered by many employers in conjunction with other benefits. The employer will pre-fund this account, and the employee will reimburse the employer over the course of the year. The employee can make tax-free contributions to this account. Uses The employee can use the money in this account for a...]]></description><pubDate>May  8, 2010  4:02 AM</pubDate></item><item><title><![CDATA[How a Bank Wire Transfer Works]]></title><link>http://www.finweb.com/banking-credit/how-a-bank-wire-transfer-works.html</link><description><![CDATA[ A bank wire transfer is the preferred mode of transferring money from one bank to another when you want to send it quickly and safely. A bank wire transfer is the easiest and most reliable way. It is fast because banks transfer the money electronically. A bank wire transfer happens only when both the sender and the receiver are able to be identified by the bank. Scams are thus unlikely with bank wire transfers. What Is a Bank Wire Transfer? Bank wire transfers are a way for bank customers to exchange funds. Funds can be sent from one bank...]]></description><pubDate>May  7, 2010  4:08 AM</pubDate></item><item><title><![CDATA[4 Ways to Avoid Overdraft Fees]]></title><link>http://www.finweb.com/banking-credit/4-ways-to-avoid-overdraft-fees.html</link><description><![CDATA[ Overdraft fees are fees that are levied when you use your debit card so much that its balance falls below zero. When you overdraft, the bank has to use its own funds to cover your withdrawals. The overdraft fees allow banks to get that money back. Unfortunately, it isn't always obvious when you overdraft, and the banks don't usually bother to set you straight until your next monthly bill arrives. Thus, it is up to you to make sure you don't overdraft. You can make it a lot easier by taking the following steps 1. Carefully Read the Fine...]]></description><pubDate>May  4, 2010  4:39 AM</pubDate></item><item><title><![CDATA[4 Red Flags of Potential Wire Transfer Fraud]]></title><link>http://www.finweb.com/banking-credit/4-red-flags-of-potential-wire-transfer-fraud.html</link><description><![CDATA[ Wire transfer fraud is one of the most common types of scams in the world today. Many people have been taken advantage of by these scams and more people will be taken advantage of in the future. Here are a few things to consider about potential wire transfer fraud.&amp;nbsp; 1. Unexpected Checks One of the most common wire transfer fraud scams involves sending an individual a check that was unexpected. The person that sends the check will ask the other party to cash the check and then wire part of the money to them. In almost all cases, the...]]></description><pubDate>May  1, 2010  4:19 AM</pubDate></item><item><title><![CDATA[Flexible Saving Account Pros and Cons]]></title><link>http://www.finweb.com/banking-credit/flexible-saving-account-pros-and-cons.html</link><description><![CDATA[ The flexible saving account is a tool that many people use to fund health expenses. This is a type of account that is offered through various employers. It is also referred to as a flexible spending account. Here are some of the pros and cons associated with the flexible saving account. Pros This type of account has several benefits that you will be able to take advantage of as an account holder. One of the biggest advantages of using this type of account is that the money that you contribute is tax-free. You are able to deduct a portion...]]></description><pubDate>April 30, 2010  5:29 AM</pubDate></item><item><title><![CDATA[Child Savings Account FAQs]]></title><link>http://www.finweb.com/banking-credit/child-savings-account-faqs.html</link><description><![CDATA[ If you are thinking about opening a child saving account, there are several different things that you are going to need to look at. Here are some of the most frequently asked questions when it comes to child savings accounts. What Is the Interest Rate? One of the most important things that you will need to know is the interest rate of the account. Many times, child savings accounts will pay a higher rate of interest than traditional savings accounts. Since your child has the advantage of time on her side, she can really take advantage of compound interest....]]></description><pubDate>April 30, 2010  5:27 AM</pubDate></item><item><title><![CDATA[Exploring Your CD Options]]></title><link>http://www.finweb.com/banking-credit/exploring-your-cd-options.html</link><description><![CDATA[ If you are looking at different CD options, there are many factors that you will need to consider before making a decision on one. Here are a few of the things that you will need to consider when choosing a CD. Risk vs. Reward If you are trying to decide whether to invest in CDs or not, you will need to think about the potential reward that you can get versus the risk that you are taking. With a CD, you are taking virtually no risk. CDs are insured by the FDIC which means that you are guaranteed at...]]></description><pubDate>April 27, 2010  4:56 AM</pubDate></item><item><title><![CDATA[The Basics of Brokered CDs]]></title><link>http://www.finweb.com/banking-credit/the-basics-of-brokered-cds.html</link><description><![CDATA[ Brokered CDs are a type of investment that many individuals choose to pursue at some point. While they share many characteristics with traditional CDs, there are a few subtle differences that you should know about. Here are the basics of brokered CDs. Brokered CDs When you invest in a brokered CD, you are still depositing your money with a bank. However, with a brokered CD, you are working with a financial professional such as a broker. Your broker will go out into the market and search through many different offerings to determine what the best rates in the market...]]></description><pubDate>April 27, 2010  4:53 AM</pubDate></item><item><title><![CDATA[Investing 101: Certificates of Deposit (CDs)]]></title><link>http://www.finweb.com/banking-credit/investing-101-certificates-of-deposit-cds.html</link><description><![CDATA[ Certificates of deposit are a type of investment that many people like to use. A certificate of deposit, or CD, is typically easy to find and is available at most banks across the country. Here are the basics of certificates of deposit. Basics The basic idea behind a certificate of deposit is simple. With a certificate of deposit, you are going to deposit a certain amount of money with a bank. They are going to hold onto the money for a specific amount of time. At the end of this period, you will be able to withdraw your original...]]></description><pubDate>April 23, 2010  4:23 AM</pubDate></item><item><title><![CDATA[Intricacies In Crediting Accounts Receivable In Your Accounts]]></title><link>http://www.finweb.com/banking-credit/intricacies-in-crediting-accounts-receivable-in-your-accounts.html</link><description><![CDATA[ The intricacies of accounts receivable credit are handled by accountants and other certified professionals.&amp;nbsp;There job is to post information to a company&amp;rsquo;s accounts concerning debits and credits and balance the books of the company.&amp;nbsp;This is done through years of training and practice and cannot be easily explained in a short article. Credits and Debits It should be understand that the word credit and debit can have opposite meetings when dealing with financial accounting. The terms themselves do not regard anything that is either bad or good. A credit and a debit is an accounting notation that is used to...]]></description><pubDate>October 24, 2009  3:36 PM</pubDate></item><item><title><![CDATA[Could Home Improvement Credits Buoy The Housing Market?]]></title><link>http://www.finweb.com/banking-credit/could-home-improvement-credits-buoy-the-housing-market.html</link><description><![CDATA[ Home improvement credit could possible buoy the housing market. Much like the cash for clunker program that had a simulative effect on new car sales, a home improvement credit could provide homeowners with money needed to fix up their homes. These improvements could result in increased value and more potential to sell a home, which has sat long on the market. The Effects of Home Improvement Credits A home improvement tax credit in it of itself does not mean that a home will sell or become more valuable as a result of the improvement. A home improvement tax credit...]]></description><pubDate>October 24, 2009  3:32 PM</pubDate></item><item><title><![CDATA[Smart And Credible Sources Of Consumer Credit Research]]></title><link>http://www.finweb.com/banking-credit/smart-and-credible-sources-of-consumer-credit-research.html</link><description><![CDATA[ Consumer credit research offers the public and the finance industry with information on trends in the credit industry. It applies to consumers and the credit companies themselves and how the debts are being handled. The date compiled by credit research companies can be used for credit counseling to help individuals repair their credit score. Different Companies That Do Consumer Credit Research There are different companies that you can receive consumer research from. Many of which are available online for instant access for different agencies. Credible sources will not ask for money for their services and will provide information that...]]></description><pubDate>October 23, 2009  3:31 PM</pubDate></item><item><title><![CDATA[Differentiating Different Agencies Offering Consumer Free Credit Reports]]></title><link>http://www.finweb.com/banking-credit/differentiating-different-agencies-offering-consumer-free-credit-reports.html</link><description><![CDATA[ Contrary to popular belief, there is only one website officially recognized by the Federal Trade Commission (FTC) that offers a consumer free credit report, and that is Annualcreditreport.com. This website is guaranteed by law to provide you with a free credit history report from all three major credit reporting agencies (Equifax, Experian, and TransUnion) once every year upon request. There are a number of sites, however, that will offer free credit reports in a number of different fashions, though more often than not, they aren&amp;rsquo;t entirely free. Other Services Many sites offer free credit reports with other paid services....]]></description><pubDate>October 22, 2009  3:48 PM</pubDate></item><item><title><![CDATA[Where Was The Office Of Consumer Credit 2002-2008?]]></title><link>http://www.finweb.com/banking-credit/where-was-the-office-of-consumer-credit-2002-2008.html</link><description><![CDATA[ The office of consumer credit is an agency that is supposed to educate borrowers and creditors about the effect that different loans can have on the economy. They also help to regulate the credit industry and help to ensure a fair and healthy credit environment. With the downturn in the economy in 2008 many would like to know what the office of consumer credit was doing to help prevent the many bad choices that effected individuals and businesses alike. Education Many different consumer credit offices were warning against a lot of the loan choices that were on the market....]]></description><pubDate>October 22, 2009  3:47 PM</pubDate></item><item><title><![CDATA[Understanding Section 75 Of The Consumer Credit Act]]></title><link>http://www.finweb.com/banking-credit/understanding-section-75-of-the-consumer-credit-act.html</link><description><![CDATA[ Section 75 of the Consumer Credit Act is an act of Parliament in the United Kingdom. The Consumer Credit Act is an update of the Consumer Credit Act of 1974.&amp;nbsp; It provides protections for credit consumers and allows them to bring suit against both providers of goods and credit.&amp;nbsp; It also better defines the requirements that must be expressed in every loan agreement entered between a creditor and credit user. What Section 75 Means Specifically, Section 75 is a means to impose equal liability on a lender or creditor for breaches of contract by a supplier. What this means...]]></description><pubDate>October 22, 2009  3:46 PM</pubDate></item><item><title><![CDATA[What Happens To American Consumer Credit After Government Stimulus?]]></title><link>http://www.finweb.com/banking-credit/what-happens-to-american-consumer-credit-after-government-stimulus.html</link><description><![CDATA[ What exactly happens to American consumer credit after a government stimulus is speculative until it actually happens, but there are a number of theories on the matter. These theories range from the cautiously hopeful, to downright scary and pessimistic. The Right Package for the Right Economy Positive results stem from applying the right stimulus package to the current economy. For example, the economic crisis in 2001 was a result of many lending agencies not having the money to lend out, which took away from money that many households were expecting to have. The stimulus package that worked for them...]]></description><pubDate>October 22, 2009  3:44 PM</pubDate></item><item><title><![CDATA[How To: Leveraging Consumer Credit For Future Returns]]></title><link>http://www.finweb.com/banking-credit/how-to-leveraging-consumer-credit-for-future-returns.html</link><description><![CDATA[ Consumer credit is the loan of monies to an individual for uses other than for a mortgage. The money can come in many forms, credit cards, loans and lines of credit for the purchase of goods and services. Consumer credit usually refers to personal banking and not corporate banking but in some cases can mean either. The purpose of consumer credit is to allow the consumer the opportunity to use funds that they do not need to pay back at that exact moment. It can be used to fund different things from a family vacation to the purchase of...]]></description><pubDate>October 22, 2009  3:43 PM</pubDate></item><item><title><![CDATA[Which Commercial Bank Account Matches Your Needs?]]></title><link>http://www.finweb.com/banking-credit/which-commercial-bank-account-matches-your-needs.html</link><description><![CDATA[ Commercial banks offer several types of accounts, in order to determine which option works best for you, consider the following: Savings Accounts provide a place to safely store your money and earn interest. An advantage of savings accounts is that they are liquid; that is, your money is immediately available to you for withdrawal. Also the interest rates for savings accounts are higher than checking accounts, so their rate of return is higher. Checking Accounts are another place to hold your money, they are liquid as well. You can transfer your money to another personal or business simply by...]]></description><pubDate>October 22, 2009  3:30 PM</pubDate></item><item><title><![CDATA[Recovering Safe Deposit Boxes After Bank Buyouts]]></title><link>http://www.finweb.com/banking-credit/recovering-safe-deposit-boxes-after-bank-buyouts.html</link><description><![CDATA[As a general rule, bank buyouts do not affect the day-to-day activities of the bank, including administration of safe deposit boxes. The new bank wants to keep the existing customer base. Here is what to do if you are concerned about the safety of your safe deposit box.Confirm Commitment to Existing Agreements Ask for an appointment to speak with the bank manager. Ask about all existing bank account terms and conditions, and your safe deposit box lease agreement. If you have a charter account, where you currently pay no fees for your safe deposit box, ask if the new bank...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Recovering Safe Deposit Boxes After Bank Bankruptcy]]></title><link>http://www.finweb.com/banking-credit/recovering-safe-deposit-boxes-after-bank-bankruptcy.html</link><description><![CDATA[Several banks have recently filed for bankruptcy. What to do with your safe deposit box depends on a few factors. The first thing to do is determine whether your bank is on the &amp;ldquo;watch list&amp;rdquo; and is in danger of failing.Check the Bank Watch List Many agencies are currently maintaining bank watch lists to discourage people from opening accounts with banks that may be close to &amp;nbsp;insolvency. Check several of these lists, including the one made available on the FDIC (Federal Deposit Insurance Corporation) website, to see if your bank is listed. If it appears on more than one list,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Concerned About Bank Safe Deposit Boxes?]]></title><link>http://www.finweb.com/banking-credit/concerned-about-bank-safe-deposit-boxes.html</link><description><![CDATA[To protect valuable documents, collectibles, and irreplaceable heirlooms, bank safe deposit boxes are a trusted form of storage that will cost you less than $5 a month. If you are concerned about theft from your safe deposit box, the following tips will help you feel confident about using a bank safe deposit box.Concerned About Theft by Bank EmployeesThis is the top concern voiced by potential safe deposit box renters. However, a safe deposit box is not like a public storage unit. Its contents are guarded by the bank with a &amp;quot;triple-redundant&amp;quot; security system. First, the safe deposit box is in...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Why Bank Safe Deposit Boxes May be Unsafe]]></title><link>http://www.finweb.com/banking-credit/why-bank-safe-deposit-boxes-may-be-unsafe.html</link><description><![CDATA[Bank safe deposit boxes have been the preferred place for small precious keepsakes, jewelry, important papers and financial instruments for decades. With the increase in specialized insurance, improvements in home safe industry and electronic banking, a bank safe deposit box may no longer be the most secure place to store valuables. The tips below provide information about safety issues with bank safe deposit boxes, and how to protect your safe deposit box access.Abandoned Bank Safety Deposit BoxesComputerized bank record keeping means that busy people have a less personal relationship with their bank staff today. It is all too easy for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can Law Enforcement Access My Safe Deposit Box?]]></title><link>http://www.finweb.com/banking-credit/can-law-enforcement-access-my-safe-deposit-box.html</link><description><![CDATA[Many people consider their&amp;nbsp; safe deposit boxes private. However, the boxes can be opened in certain cases.Safe Deposit AccessFor the most part, a safe deposit box is accessible only to the owner of the box and his or her designated representatives. However, if police department officials can show reasonable cause for why they believe you are involved in some sort of illegal activity, they may be able to convince a judge to allow them access to the safe deposit box, which will then be accessed by any means necessary in order to get to the contents.With the IRS, it works...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Comparing Safe Deposit Boxes]]></title><link>http://www.finweb.com/banking-credit/comparing-safe-deposit-boxes.html</link><description><![CDATA[Over the last two centuries, safe deposit boxes have faced the constant challenge of having their locks damaged or compromised by thieves. Configurations of safe deposit boxes once included combination key and dial locks with a number of dials on top. These dials had to be turned to the correct sequence before a key could be inserted. Today, manual key locks are common and electronic and other methods are used to enhance security.Antique Safe Deposit BoxesIn the days when keys had only a few notches, added security was provided for safe deposit boxes through combination locks. An example of how...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[New Bank Account Offers After The Financial Regulation]]></title><link>http://www.finweb.com/banking-credit/new-bank-account-offers-after-the-financial-regulation.html</link><description><![CDATA[Following the problems experienced by the banking industry, there are many new bank account offers on the Internet. Some of these offers include no minimum deposit savings and checking accounts as well as accounts that have no monthly service charges or minimum balance requirements.The Banks and Their OffersThe banking industry has shaken consumer confidence like never before. Therefore, many banks are responding by offering great deals on many types of basic banking services -- such as checking and savings accounts.Many banks are doing away with the fees and charges that have displeased customers in the past and are genuinely making...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Internet Business Bank Account Management Techniques]]></title><link>http://www.finweb.com/banking-credit/internet-business-bank-account-management-techniques.html</link><description><![CDATA[If you have an internet business, you are probably already aware of the fact that in order to be successful, you need great online banking account. An internet business bank account can help ensure that you have all the services in place that you need to meet your needs.You can use online banking services to actively manage your business accounts. You should use your account for the following: Actively managing your bank balances Transferring money between accounts Paying bills online Scheduling payments ahead of time to ensure you pay on time Payroll management Online statements Alert systems that notify you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Best Bank Account for Compound Interest Accumulation]]></title><link>http://www.finweb.com/banking-credit/the-best-bank-account-for-compound-interest-accumulation.html</link><description><![CDATA[Compound interest put simply is when the interest earned on an account, also earns interest. Earning compounded interest a great way to maximize your savings and get more for your money. In order to choose the best bank account, it is a good idea to contact different banks. Banks change their programs often.What Accounts Compound InterestDepending on the bank, almost all of their accounts compound interest. Checking accounts, savings, CD and Money Market Accounts are accounts that you can open with compound interest.What Interest Rate Is Higher?Again it depends on the bank and what they are offering at the time...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can Judgement Collection Access a Safe Deposit Box?]]></title><link>http://www.finweb.com/banking-credit/can-judgement-collection-access-a-safe-deposit-box.html</link><description><![CDATA[If you're wondering whether a judgment collection can access your safe deposit box; you should know they can. If you have defaulted on any loan or other financial obligation the party to which you owe money may be able to seek a judgment against you in order to collect on that debt. &amp;nbsp;There are several types of judgments and the two most prevalent are IRS and private party judgments. &amp;nbsp;IRS JudgmentsThe IRS can freeze your assets if they determine you owe them money. They can also place holds on your assets, on your checking and savings accounts and safe deposit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Best Bank Savings Account Rates Internationally Available]]></title><link>http://www.finweb.com/banking-credit/the-best-bank-savings-account-rates-internationally-available.html</link><description><![CDATA[The best bank savings account rates can be found internationally. As of September 18, 2009, &amp;nbsp;South Africa, Brazil and New Zealand had the highest savings account rates reported internationally. This was the rate for a CD account with a minimum of ten thousand US dollars as a deposit. Rates will vary depending on cost, and the value of a dollar.High Yield Savings AccountsHigh yield savings accounts pay a higher percentage of interest. Usually this is because there are terms for getting your money back. Such reasons are usually time related and there are large fees and penalties if the money...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Internet Bank Rates are Configured]]></title><link>http://www.finweb.com/banking-credit/how-internet-bank-rates-are-configured.html</link><description><![CDATA[Internet bank rates are determined in the same manner that bank rates are for non-internet banks. That a bank is an internet bank does not mean that there is a different or special process used for determining or configuring rates. The steps for configuring rates for internet banks include a determination of the rates used between banks, known as the London Interbank Offered Rate (LIBOR), setting rates based on the credit ratings of its customers and making adjustments for those considerations.The process of setting rates involves an in-depth understanding of interest rates, how they move relative to the economy and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can the IRS Access a Safe Deposit Box?]]></title><link>http://www.finweb.com/banking-credit/can-the-irs-access-a-safe-deposit-box.html</link><description><![CDATA[Safe deposit boxes may be frozen or accessed if there is a judgment against your assets. These judgments can come either from private party judgments, such as collections agencies, or the IRS. Since you must supply your name in order to open a safe deposit box, the IRS can trace that box if they have reasonable cause. You cannot place assets in a safe deposit box without identification to prevent against crime and money laundering.IRS JudgmentsWhen you owe money to the IRS, they have a lot of power over your assets. They can place a total freeze on your money,...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Should I Store Jewelry in a Safe Deposit Box?]]></title><link>http://www.finweb.com/banking-credit/should-i-store-jewelry-in-a-safe-deposit-box.html</link><description><![CDATA[A safe deposit box is a personal-sized secured storage container generally housed within a bank. This type of storage is preferred by those who wish to have the added security for their valuables that banks are able to provide. Storing jewelry in a safe deposit box has some potential pros and cons.The Benefits of Safe Deposit StorageHousing expensive pieces of jewelry within a safe deposit box can deliver peace of mind. Banks tend to have state-of-the-art security, which makes accessing these boxes extremely difficult. When people opt to put pieces from their jewelry collections in safe deposit boxes, they limit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The History of Federal Income Tax Brackets]]></title><link>http://www.finweb.com/banking-credit/the-history-of-federal-income-tax-brackets.html</link><description><![CDATA[Federal income tax brackets did not always exist in America. In fact, income taxes were not enacted until 1862 in order to support the Civil War. Prior to this time, all taxes were taken based on tariffs or sales. Ever since, however, income tax has been a key part of government revenue.The 16th AmendmentIncome taxes became a permanent fixture of the United States Constitution in 1913 with the passing of the 16th Amendment. The amendment allowed Congress to pass taxes on income, and the first revenue law was born to tax both households and businesses. It took only two years...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can You Keep Cash in a Safe Deposit?]]></title><link>http://www.finweb.com/banking-credit/can-you-keep-cash-in-a-safe-deposit.html</link><description><![CDATA[A safe deposit box is a secured, personalized vault within a banking institution designed to enable people to store a variety of valuable possessions. This type of secured storage has very few regulations are far as laws are concerned in regard to contents. There are some caveats that can come along with the storage of cash within a safe deposit box, however.While federal law does not specifically prohibit the storage of cash with in a safe deposit box, some banks might. There are two main reasons why banking institutions might frown upon this practice: The loss of deposits &amp;ndash; When...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Accessing Deceased's Safe Deposit Box]]></title><link>http://www.finweb.com/banking-credit/accessing-deceased-s-safe-deposit-box.html</link><description><![CDATA[Accessing a safe deposit box of a deceased loved one is necessary to ensure the belongings are properly taken care of. Though it may be a difficult time to handle, it is important to take certain steps to make the process easier. It is important to know that any joint renter must be present when the box is opened and will have equal, and unrestricted, access to the box. Having a joint box holder is a simple way to avoid having issues when one of the box holders dies.Speak directly with the bank manager regarding the specific bank rules and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Where to Hide a Safe Deposit Key]]></title><link>http://www.finweb.com/banking-credit/where-to-hide-a-safe-deposit-key.html</link><description><![CDATA[Upon signing up at your bank for a safe deposit box you will get two safe deposit keys. One can go on a keychain or in a key case you use regularly. But what should you do with the other one?&amp;nbsp; It needs to be stored somewhere concealed, but where it can be found in case you lose it alone or with your other important keys.&amp;nbsp; Following are suggestions about where you can hide that second safe deposit key. Before you hide it, agree with your spouse or partner where the spot will be.Hide it with Other ValuablesA safe place...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[International Banking - Law Applied In The Global Sphere]]></title><link>http://www.finweb.com/banking-credit/international-banking-law-applied-in-the-global-sphere.html</link><description><![CDATA[Banking laws in the US and the international community are not the same. The United States has some of the most progressive and protective banking laws in the world. Banking laws in other countries may not afford a depositor the same protection the US laws do. While many countries disagree on some aspects of banking, such as: privacy rights of depositor accounts and requirements for opening or maintaining a bank account, almost all countries have agreed on certain principles.Common International Banking LawsToday, almost all countries are involved in an international effort to combat money laundering and transfers of funds between...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What to Put in a Safe Deposit Box]]></title><link>http://www.finweb.com/banking-credit/what-to-put-in-a-safe-deposit-box.html</link><description><![CDATA[Safe deposit boxes are almost as old as the banking system. They have been used to safeguard valuables for centuries. With the ready availability of all types of insurance on property and contents, the use of safe deposit boxes has been declining for the last two decades. Good reasons to use a safe deposit box are outlined below.What Really Should Go in a Safe Deposit BoxA longtime rule about what to put in a safe deposit box says, &amp;quot;If it's small, and irreplaceable, put it in a safe deposit box.&amp;quot;&amp;nbsp; This provides a good baseline for deciding which items of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can an International Bank Regularly Move Market Prices?]]></title><link>http://www.finweb.com/banking-credit/can-an-international-bank-regularly-move-market-prices.html</link><description><![CDATA[The performance of a large international bank may often be deemed as an indicator for underlying conditions of the economy as a whole. The stability, trading patterns and investments of international banks do affect markets on a regular basis.While not all international banks will have the same effect on the market as some others, there are some very large international banks that are so intertwined with business and finance around the globe that they have a significant effect on many domestic markets.How International Banks Affect MarketsThe way international bank affects financial markets largely depends on the size and holdings of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Can Safe Deposit Boxes Be Traced?]]></title><link>http://www.finweb.com/banking-credit/can-safe-deposit-boxes-be-traced.html</link><description><![CDATA[Customers have to provide basic information about themselves to the bank in order to have safe deposit boxes. Banks will not extend safe deposit boxes to known criminals or money-launderers. However, once a customer has a safe deposit box, privacy is generally maintained, however, there are a few ways the deposit box may be traced: The person is involved in a crime - Police have the right to request a warrant to release the contents of a safe deposit box. They must have a specific reason to search the box. They cannot blindly request access in most cases. The IRS...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Opening a Bank Account with no Credit Check]]></title><link>http://www.finweb.com/banking-credit/opening-a-bank-account-with-no-credit-check.html</link><description><![CDATA[There are banks that will open an bank account without a credit check. Online accounts do not require credit checks. However, the banks that provide the accounts use a credit reporting agency to verify your name and address. The verification method is only purposed for verification of the customer name, social security number and address. Many times banks won&amp;rsquo;t allow people with bad credit to open an account, because of the increased risk for overdrafts or account abuse.No Credit Check Bank Account OptionsMany large banks offer quick online enrollment.There are also large financial holding companies that offer quick and convenient...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Consumer Credit Act Of 2006 Help Create The Recession?]]></title><link>http://www.finweb.com/banking-credit/consumer-credit-act-of-2006-help-create-the-recession.html</link><description><![CDATA[Consumer Credit Act of 2006 is an act of Parliament in the United Kingdom.&amp;nbsp; The Consumer Credit Act is an update of the Consumer Credit Act of 1974.&amp;nbsp; It provides protections for credit consumers and allows them to bring suit against both providers of goods and credit.&amp;nbsp; It also better defines the requirements that must be expressed in every loan agreement entered between a creditor and credit user.Factor that Contributed to the RecessionThere were many factors that led to the recession. These include the improper and irresponsible use of credit by consumers.&amp;nbsp;Banks and other lenders that engaged in excessive risk...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Best Type Of Bank For High Interest Rates]]></title><link>http://www.finweb.com/banking-credit/best-type-of-bank-for-high-interest-rates.html</link><description><![CDATA[The best bank rate that can be found depends on the type of products that you are seeking.&amp;nbsp; The nature of interest rates change all of the time and without more information as to what constitutes a realistic interest rate, there is no information that you will find online that can tell you what the best type of bank is for high interest rates.A criteria that can be used to determine what you should look for when determining the best bank is set forth below.The Basis for High Interest RatesThe best type of bank for high interest rate is one...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[America's Credit Problems: Macroeconomics and Your Personal Finances]]></title><link>http://www.finweb.com/banking-credit/americas-credit-problems-macroeconomics-and-your-personal-finances.html</link><description><![CDATA[As an individual consumer, you are affected daily by the larger credit problems of the U.S. macro economy. It is easy to fall into thinking the larger markets do not affect you if you are not heavily invested. However, the actions of each consumer and business affect the market as a whole. Likewise, the market affects each consumer's ability to purchase and enjoy financial health.The Credit Market and JobsNearly everyone knows someone who lost his or her job in the 2007-2009 recession. Unemployment reached its highest rate since the 1980's. In some states, such as California, unemployment topped 10%. The...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Second Chance Bank Account - Getting A Fresh Start]]></title><link>http://www.finweb.com/banking-credit/second-chance-bank-account-getting-a-fresh-start.html</link><description><![CDATA[A second chance bank account is available to individuals with bad credit. These accounts provide a way for people with bad credit to get a second chance at establishing a banking relationship. This helps in acquiring credit for loans, paying bills and enjoying the same privileges and freedoms that other banking account holders enjoy.Second Chance Bank AccountsSecond chance bank accounts use different criterion for determining eligibility for opening checking and savings accounts. Usually, they require a deposit to be made to open a new account. The new account can be set up manually or electronically.ChexSystemMost banking institutions that provide second...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Much Should a Safe Deposit Box Cost?]]></title><link>http://www.finweb.com/banking-credit/how-much-should-a-safe-deposit-box-cost.html</link><description><![CDATA[Renting a safe deposit box is affordable at most banks. Safety deposit boxes are recommended to keep insurance paperwork, wills and other important documents that you may need in an emergency.Rent Per YearThe rent per year for a safe deposit box varies by the size and number available at each bank location. Most banks fees are in the same range. You should check with your bank for sizes, fees and availability. The smallest box is usually 2 by 5 inches and 12 inches long. Rent for small boxes typically average between $15 and $25 dollars. A medium box measures 4...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Read A Consumer Credit Agreement]]></title><link>http://www.finweb.com/banking-credit/how-to-read-a-consumer-credit-agreement.html</link><description><![CDATA[Don P.consumer credit agreement is an act of Parliament in the United Kingdom.&amp;nbsp; The Consumer Credit Act is an update of the Consumer Credit Act of 1974.&amp;nbsp; It provides protections for credit consumers and allows them to bring suit against both providers of goods and credit.&amp;nbsp; It also better defines the requirements that must be expressed in every loan agreement entered between a creditor and credit user.Factor that Contributed to the RecessionThere were many factors that led to the recession. These include the improper and irresponsible use of credit by consumers.&amp;nbsp; Banks and other lenders that engaged in excessive risk...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[4 Devious Credit Account Commercials from Reputable Companies]]></title><link>http://www.finweb.com/banking-credit/4-devious-credit-account-commercials-from-reputable-companies.html</link><description><![CDATA[Before you jump on the first commercial credit account your company is offered, take the time to read the fine print. Those glitzy and entertaining commercials may be misleading or even downright devious, and the actual contract looks nothing like you thought it would be. Watch out for the Universal Default trap, unbelievably low interest rates, and clauses that allow the company to apply other fees and costs to your account.Credit Companies Want Your BusinessThe cost of a commercial credit account tends to be higher than a personal account. Credit vendors are trying to get their own slice of the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Second Chance Bank Account - Getting A Fresh Starts]]></title><link>http://www.finweb.com/banking-credit/second-chance-bank-account-getting-a-fresh-starts.html</link><description><![CDATA[If you have experienced financial problems in the past, you may need a second chance bank account to open a new checking or savings account. If you've had your name entered into the Chexsystems or TeleCheck database listing you as a person with outstanding obligations to a bank, then you probably know that is very hard to open a checking or savings account at many banks. However, there are solutions available to you.Opening a Second Chance Bank AccountIn order to open a bank account, when your name is listed on the Chexsystems or TeleCheck database, you will need to find...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Guide to Safe Deposit Boxes]]></title><link>http://www.finweb.com/banking-credit/guide-to-safe-deposit-boxes.html</link><description><![CDATA[Safe deposit boxes have been used for years by individuals to protect small quantities of precious items from theft, fire or flood damage. The following is a guide to help you understand why you need a safe deposit box, and how to obtain one, use it, and maintain it.Why You Might Need a Safe Deposit BoxMany people have inherited or received military service medals, a small collection of art miniatures, stamps or even baseball cards from a loved one. In order to keep the items safe, they may try to keep the items out of the home, where they might...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Non-Bank Places to Rent a Safe Deposit Box]]></title><link>http://www.finweb.com/banking-credit/non-bank-places-to-rent-a-safe-deposit-box.html</link><description><![CDATA[In troubled economic times, people not only choose to move their money out of the bank but their safe deposit box items as well. Safe deposit box locations outside banks are growing in number as people become concerned with not only the solvency of their bank, but the possibility of identity theft. Here are some innovative ideas about where to rent a safe deposit box outside a bank.To Store Precious Items and HeirloomsPrivate storage firms can rent you a safe deposit box for a year at a time to store items you want to pass on to your children, or...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Open A Bank Account]]></title><link>http://www.finweb.com/banking-credit/how-to-open-a-bank-account.html</link><description><![CDATA[Anyone interest in establishing a banking relationship with a bank or other financial institution should know how to open a bank account. The process for opening a bank account involves locating a bank or financial institution that you want to do business with, completing all required account paperwork and providing verification of your status and funding the account. Once these steps have been completed, you will have access to your funds and the ability to conduct banking activity.Step 1: Locate a Bank or Financial InstitutionThe first step in opening a bank account involves locating a bank or other financial institution...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Finding Out if Deceased Owned a Safe Deposit]]></title><link>http://www.finweb.com/banking-credit/finding-out-if-deceased-owned-a-safe-deposit.html</link><description><![CDATA[The safe deposit box, bank accounts and other financial assets belonging to a deceased person that are not claimed and closed before their death are, in legal terms, &amp;quot;unclaimed property.&amp;quot;&amp;nbsp;&amp;nbsp; This list will give you some ideas of how to go about finding and reclaiming the safe deposit box and other assets of a deceased person.Why Look For the Safe Deposit Box of a Deceased Person?Perhaps in the deceased's will, you were named the heir to money or small heirloom items such as photos, medals or jewelry which were kept in the safe deposit box. To receive these items, you...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Is A Free Online Bank Accounts Opened?]]></title><link>http://www.finweb.com/banking-credit/how-is-a-free-online-bank-accounts-opened.html</link><description><![CDATA[A free online bank account can be opened safely, securely and quickly in the manner of minutes. Access to the internet allows any person who desires to open a new or transfer an existing account to a financial institution or bank. This service is available by most every bank, is free to use and only costs the time necessary to set up the account.The Use of Online Bank AccountsOnline bank accounts offer ease of access and the ability for you the account holder to check your balances and make banking transactions. This cuts down on the amount of foot traffic...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Not to Store in a Safe Deposit Box?]]></title><link>http://www.finweb.com/banking-credit/what-not-to-store-in-a-safe-deposit-box.html</link><description><![CDATA[Safe deposit boxes are useful storage for irreplaceable valuables such as stock certificates, heirlooms, title deeds and family records. But a safe deposit box is the worst place to store items you might need quickly, or when the box holder has died. Find out below what not to put in your safe deposit box.Original Will and Power of AttorneyWhen you have passed away, your spouse or partner and your executor will need the originals of these two documents immediately. Upon your death, your safe deposit box will be sealed for the time it takes to get a death certificate and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Opening A Bank Account With No Credit Check]]></title><link>http://www.finweb.com/banking-credit/opening-a-bank-account-with-no-credit-check.html</link><description><![CDATA[People with bad credit may want to look into opening a bank account with no credit check. These accounts are available to individuals with bad credit and do not use the traditional ChexSystem as a way to verify the creditworthiness of the account holder. These accounts can be found online and are offered by a variety of bank and other financial institutions.The process for opening bank account with no credit check is similar to the process for opening any type of account with a bank. The only different to this process is first locating an institution that accepts bad credit...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Your International Bank Account Number (IBAN) Works]]></title><link>http://www.finweb.com/banking-credit/how-your-international-bank-account-number-iban-works.html</link><description><![CDATA[An international bank account number (IBAN) is used to identify an account that you open with an international bank. The IBAN standard was first implemented to facilitate cross-border banking between countries that are members of the European Union (EU). It quickly spread to become a broader standard for any type of nation-to-nation banking where the account owner is not a resident of the country where the bank is located.The IBAN is used primarily within EU countries and a few Mediterranean and Middle Eastern nations, such as Israel, Turkey, Tunisia and Saudi Arabia, and in Mauritius. Banks in the United States...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Open Your First Bank Account: 3 Tips]]></title><link>http://www.finweb.com/banking-credit/open-your-first-bank-account-3-tips.html</link><description><![CDATA[Having an open bank account is necessary in today&amp;rsquo;s world. Opening a bank account can be easy and can give you peace of mind. Here are some simple tips to follow to open the best bank account for your needs.1 - Check the FeesMost banks now offer free checking. If you only need a simple account with few check writing privileges and mostly ATM access, then you can find a free account. Many banks now limit the number of times you can visit a local branch with the free accounts. If you think you may need to visit a teller...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Secured Bank Loan - The Limits Of Available Financing]]></title><link>http://www.finweb.com/banking-credit/secured-bank-loan-the-limits-of-available-financing.html</link><description><![CDATA[A secured bank loan is a great way to get the funding you need for any purpose. They are most commonly used with house or car purchases, but can be used for home improvements or business start ups as well. Secured loans do have there limits though. Here&amp;rsquo;s what you should know.CollateralBank loan collateral can vary from cash in a savings account to a car or a home. The amount of loan you are able to get will depend on the collateral. Putting your house on the line will allow you to get a loan that is much larger than...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[International Private Banking &amp; Increasing Your Security]]></title><link>http://www.finweb.com/banking-credit/international-private-banking-&-increasing-your-security.html</link><description><![CDATA[International private banking provides a way for you to conduct business with foreign banks. This may be necessary for businesses and individuals who do business overseas or engage in foreign travel.&amp;nbsp; The ability to access your money anywhere, without restrictions, increases your capabilities when overseas. There are some cautious concerns, when banking overseas, that you should be aware of. Banking laws and systems differ in different regions of the world and may not always provide the same level of protection as banking in the United States.Look for Banks Similar to U.S. BanksYou should establish an international banking relationship with a...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Credit Bank Account Misuse Affects Your Credit Rating]]></title><link>http://www.finweb.com/banking-credit/credit-bank-account-misuse-affects-your-credit-rating.html</link><description><![CDATA[A credit bank account is important to your credit score. Many people have found ways to misuse their checking accounts, and this can really hurt your credit rating overall. Not only may you face collection fees and garnishments, but your credit can also be negatively impacted. There are a few things to keep in mind:Non Sufficient FundsAny time you don&amp;rsquo;t have the money in your account to cover a check or a debit card transaction the transaction is returned to the merchant as an NSF, or non sufficient funds transaction. Not only will the merchant come back to you to...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[3 International Banking Services You Need]]></title><link>http://www.finweb.com/banking-credit/3-international-banking-services-you-need.html</link><description><![CDATA[International banking services are available to individuals and corporations that do business internationally. The need for international banking is a requirement of anyone who has extensive business relationships in foreign countries or is looking to expand into the foreign marketplace.&amp;nbsp; An international bank can help you meet your banking needs when playing on the world stage by providing you with essential services and assistance. The essential services that you need when choosing to establish an international banking relationship are private banking services, the ability to convert or exchange your currency and paying and receiving payment for your goods and services.&amp;nbsp;...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[International Banking Systems - Understanding World Geographic Variation]]></title><link>http://www.finweb.com/banking-credit/international-banking-systems.html</link><description><![CDATA[The international banking systems can be confusing to sort through. With different regulations and restrictions in each country, conducting cross border banking transactions can become a hassle. Not all countries have a stable banking system, and others are quite sophisticated. Here are a few things to know about international banking.A Bank by Any Other Name&amp;hellip;Even the word &amp;lsquo;bank&amp;rsquo; can mean many different things when we start looking at banks from a global perspective. In the United States we are used to our banks doing much more than just holding our money. We can get loans, invest our money, pay our...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Secure Is Internet Banking? Extra Protection Tips]]></title><link>http://www.finweb.com/banking-credit/how-secure-is-internet-banking-extra-protection-tips.html</link><description><![CDATA[Secure Internet banking has revolutionized the way that people conduct banking activity. Now you can conduct almost all of your banking needs via your bank&amp;rsquo;s online interface, whether it be retrieving transaction history, making account transfers, bill payments, and even putting in new checkbook requests. However, while Internet banking offers unparalleled convenience, you should be aware that Internet banking can be subject to security vulnerabilities. While the possibility is fairly remote, you can take some extra steps to protect yourself from being the victim of online banking fraud: Keep Your Computer &amp;amp; Virus Scanning Software Updated A very common way...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Regulations for a Bank Funds Transfer Overseas]]></title><link>http://www.finweb.com/banking-credit/regulations-for-a-bank-funds-transfer-overseas.html</link><description><![CDATA[There are several reasons you may need a bank funds transfer to another country and there are several agencies that can handle this for you. There are regulations in place that govern these transfers.Who Performs the TransfersAnytime you want to transfer funds from one bank to another, you will need to find a bank that will do this for you. In most cases your personal bank will allow you to wire money. If your bank does not offer international wire transfers, then you will need to use a service for the transfer. The services available will vary depending on the...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Online Banking -- Secure Transactions In An International World]]></title><link>http://www.finweb.com/banking-credit/online-banking-secure-transactions-in-an-international-world.html</link><description><![CDATA[You may be wondering whether online banking is secure enough to be used for transactions on a regular basis. For the most part, online banking is a safe means to conduct banking transactions. However, you should be aware of some common pitfalls and online banking scams that exist so that you can take appropriate measures to safeguard yourself from being defrauded. Avoid Becoming a Phishing Victim&amp;quot;Phishing&amp;quot; is the term given to the process when an unauthorized person calls or emails you in an attempt to get you to disclose your personal information that could be used to conduct fraudulent activities...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Investing In A Savings And Loans Bank]]></title><link>http://www.finweb.com/banking-credit/investing-in-a-savings-and-loans-bank.html</link><description><![CDATA[Savings and loans banks have an unfortunate stigma that goes back to the 1980&amp;rsquo;s when there was a major savings and loan crisis in the financial industry. The crisis reduced Americans&amp;rsquo; capacity for using a savings and loan association and a total of 745 savings and loan associations failed here in the U.S. between 1985 and 1994. The financial crisis ended up costing taxpayers almost $124 billion as the government had to foot the bill on many payments. This lead to a major budget deficit in the early 1990&amp;rsquo;s, one which the federal government is still recovering from and will...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Online Banks &amp; Savings - Securing Exponential Growth]]></title><link>http://www.finweb.com/banking-credit/online-banks-and-savings.html</link><description><![CDATA[Online bank savings typically provide higher returns than traditional savings accounts. The benefit of the savings amount can be up to 3 or 4 points. Online bank institutions offered easy access to your money and transfers. Money transfers were easily executed between online institutions and traditional checking account banks. Some banks even offered an ATM card with their online accounts, meaning you could get your money out at anytime.Recently, traditional banks offered a interest of one half a percent annual yield on interest rates if you had a common savings account with them. At the same time, many banks started...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Open A Free Bank Account In Thirty Minutes]]></title><link>http://www.finweb.com/banking-credit/open-a-free-bank-account-in-thirty-minutes.html</link><description><![CDATA[Banks and other financial institutions provide a way to open a free bank account in record time. The use of the internet and other web-based tools makes opening a bank account easy to accomplish.Complete Account ApplicationThe process for quickly opening a free bank account is finding participating institutions that offer free online banking. The banks will provide an access portal for you to use in order to provide account information and identify the source of funds needed to establish the account. Complete the forms online, which should take about 5 minutes or less and initiate a transfer of funds from...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How To Order Personal Bank Checks]]></title><link>http://www.finweb.com/banking-credit/how-to-order-personal-bank-checks.html</link><description><![CDATA[There are several ways to order personal bank checks. Having a ready supply of checks at home or on hand allows you to pay bills or do other activities that require you to use a personal check.Ordering Checks Through Your BankThe easiest way to order personal bank checks is through your bank or financial institution. Your bank maintains information about your account, which makes ordering as simple as selecting the type, style and number of checks that you want. The checks can be ordered fast and payment for the order is conveniently debited from your account.Using a Third-Party Discount PrinterYou...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Advantages Of A Current Bank Account For Businesses]]></title><link>http://www.finweb.com/banking-credit/advantages-of-a-current-bank-account-for-businesses.html</link><description><![CDATA[In many countries, a checking or transaction account is often referred to as a current bank account; current accounts are basically the same thing as checking accounts in the United States. No business should be without a current account. Without a checking account, your business lacks credibility and may not be taken seriously by other businesses with whom you do business with.Advantages of a Current AccountThere are many reasons that every business should have a checking account; the biggest reason is that you need to hold your money in a secure location. Furthermore, a checking account tells your employees and...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[The Ins And Outs Of Retail Banks]]></title><link>http://www.finweb.com/banking-credit/the-ins-and-outs-of-retail-banks.html</link><description><![CDATA[Retail banks provide banking services to their customers. These banks provide you with checking and savings accounts, loans and other banking services. A retail bank also provides services that can be accessed online or through remote terminals such as automatic teller machines (ATMs).Retail banks are typically branch locations of larger commercial banks that provide services directly to bank customers. Customers come to the location to open accounts or apply for loans for cars and homes. The retail banking system plays an important role in this country and is essential in order for you to have access to your money.Types of...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Open a Free Bank Account in 30 Minutes]]></title><link>http://www.finweb.com/banking-credit/open-a-free-bank-account-in-30-minutes.html</link><description><![CDATA[If you're in need of a new checking or savings account, the Internet will allow you to open a free bank account in about 30 minutes or so. With the Internet, opening a new bank account has never been easier and there are many banks that make the process very quick and simple. Internet banking accounts offer you many of the same options as traditional bank accounts with one added bonus -- you always have access to your banking information 24 hours a day.Opening an Online Bank AccountThere are many banks that offer free online banking accounts to potential customers....]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Where To Find A Blank Financial Statement]]></title><link>http://www.finweb.com/banking-credit/where-to-find-a-blank-financial-statement.html</link><description><![CDATA[Finding a blank financial statement gives you the ability to do budgeting and other financial activities related to your personal finances. A financial statement is a picture of where you are at today and shows you how your money is being spent. Having access to a blank financial can help you better manage your money.Blank Financial Statements on Preloaded SoftwareThe easiest place to find a blank financial statement is by using spreadsheet software. Most people with computers have the ability to use preloaded software that contains a template financial statement. The programs also allow you to download blank financial statements...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Is A Free Online Bank Account Opened?]]></title><link>http://www.finweb.com/banking-credit/how-is-a-free-online-bank-account-opened.html</link><description><![CDATA[These days it is easy to open a free online bank account, and there are many online sites that make it quick and convenient to open an account. In fact, many accounts offer free checking and savings accounts. Even large banks make opening an online account extremely easy.Benefits of Online Banking AccountsOnline banking accounts make tracking your finances easier than it has ever been in the past. With online accounts, you have instant access to your balance and other banking information 24 hours a day. Furthermore, you can pay bills, transfer funds to other accounts and even quickly apply for...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[When Can Others See My Bank Account Balance?]]></title><link>http://www.finweb.com/banking-credit/when-can-others-see-my-bank-account-balance.html</link><description><![CDATA[Your bank account balance and other related banking information is typically confidential in nature. However, there may be cases when third parties may need to check your bank balance for specific purposes. A few of these situations are described below:During Physical Bank VisitsThe bank teller helping you at the bank can see your bank account balance when he or she is helping you with your banking needs. This is true when you are making a deposit and request your balance, or are withdrawing money and request a receipt for the transaction.During Phone BankingWhen you talk to a live operator during...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[Access A Blank Personal Financial Statement For Free]]></title><link>http://www.finweb.com/banking-credit/access-a-blank-financial-statement-for-free.html</link><description><![CDATA[You can access a blank personal financial statement for your personal use for free. This allows you the ability to track your finances as well as plan for the future. Financial statements are used in the budgeting process and give you a visual of where you are or where you would like to be financially.Software Programs with Blank Financial StatementsSoftware programs like Microsoft Excel and others provide templates for financial statements. These documents are preloaded or are available for download. They are easy to use and can be changed to reflect your personal situation.Bank Financial Statements from Libraries and BanksYou...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Are Secured Bank Loans Faring After Subprime?]]></title><link>http://www.finweb.com/banking-credit/how-are-secured-bank-loans-faring-after-subprime.html</link><description><![CDATA[Following the subprime credit meltdown, many banks and home mortgage lenders are drastically changing the way they make secured bank loans. Secured bank loans are simply loans that are made when some sort of collateral is offered to secure the loan. In the event that the borrower defaults on a loan, the lender takes possession of the collateral and disposes of it accordingly. Of course, with home mortgage loans the collateral is the home itself. If you don't make your monthly mortgage payments, the bank will foreclose on the property, and will probably sell the home at public auction.How Home...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[How Does A Bank Financial Advisor Formulate Recommendations?]]></title><link>http://www.finweb.com/banking-credit/how-does-a-bank-financial-advisor-formulate-reccomendations.html</link><description><![CDATA[A bank financial advisor, much like any other financial advisor, provides advice and recommendations to their clients regarding their financial plan. It is the role of the advisor to provide information, gather data, formulate financial strategies and make recommendations to their clients based on their needs, goals and objectives. The process that goes into formulated financial recommendations to a client involves creating a financial plan, analyzing financial goals and objectives and making suitable recommendations. Each of these actions are discussed below.Create a Financial PlanIn order to determine the best course of action for a client to pursue relative to their...]]></description><pubDate>October 20, 2009  6:20 PM</pubDate></item><item><title><![CDATA[What Is The Best Savings Bank Account?]]></title><link>ht