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Credit Cards For Bad Credit, How I was approved for several credit cards with bad credit and BK


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http://www.creditcardsforbadcreditnotbadpeople.com/ In this video I tell how I found several Credit Cards for bad credit individuals like myself. Actually my credit was horrible not just bad. I had filed chapter 7 bankruptcy my real estate business was bankrupt I have over 10 homes foreclosed on! The idea that I was ever going to get a credit card with such bad credit was disheartening. I also had 2 cars repossessed, I felt like I had the worst credit on earth. When things were going good in my life and my credit was great I could get a signature loan in a heart beat, I had an American express card that had no limit as long as you paid it off the next month.
After my bankruptcy, I didn’t know how I was ever going to get credit again even a credit card. I thought that maybe with my credit repair back ground that I may be able to find a way to get a credit card. I looked into the market of secured credit cards… this is where you make a deposit to the credit card company for the amount of your limit. For example if the secured credit card had a limit of $500 then you would pay $500 to them and they would give you the credit card. You may be asking yourself what is the point of the credit card if you have to pay the amount of your limit. The reason is that if your credit is so bad that is all you can get after you use that credit card for 6 months keeping the payment current and not going over the limit then it is building your credit and repairing some of the damage. After 6months you may qualify for a credit that does not need a deposit an unsecured credit card. The process is really not that complicated as long as you have someone to show you were to apply first to see if you can get an unsecured credit card, if your credit is too bad and you are denied for the unsecured credit card then apply for the secured credit card. Even if you can only pull together $250 to $300 dollars then you can get a secured credit card for that amount to start building your credit to the place were you can qualify for an unsecured credit card. Once you get to the place where you have three to five credit cards in use for 6 months and you keep the balance under thirty percent of the total credit limit and you pay on time each month it will build your score significantly. Keep in mind this is exactly how my wife and I repaired our credit after the bankruptcy. A bankruptcy that discharged over a million dollars in debt was not small BK and it ruined our credit but with the help of some smart decisions we were able to find credit cards for bad credit and use them to repair our credit score. View the video now to see how you can get the same credit cards that approved me http://youtu.be/OY2j8CR5Kvo watch now!

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credit card debt consolidation.wmv

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How to Avoid Credit Card Debt

Watch this video for a demonstration of “How to Avoid Credit Card Debt“. To complete the task, you will need:

Budget
Debit card
Willpower

Get started with the first step: Calculate your monthly expenses—right down to how much gum you buy—and compare that with the money you have coming in.

For the complete guide, go to http://www.howcast.com/videos/179958-How-To-Avoid-Credit-Card-Debt

Also check out Howcast for other do it yourself videos from web2jordan and more videos in the Credit Cards category.

How can you contribute? Create your own DIY guide at http://www.howcast.com/videos/new or apply to the Howcast Emerging Filmmakers Program at http://www.howcast.com/filmmakers/apply

Duration : 0:1:42

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Debt Management : How Does Debt Relief Without Bankruptcy Affect Your Credit Rating?

Debt relief without bankruptcy is important because bankruptcy puts a black mark on personal credit. Use debt consolidation instead of declaring bankruptcy with help from a business analyst in this free video on financial planning and debt management.

Expert: Terry Kuykendall
Bio: Terry Kuykendall is currently a budget analyst for the military in Washington. She is an accountant who has worked at firms helping people deal with personal and business debt.
Filmmaker: stephen kuykendall

Duration : 0:0:47

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