Category Archives: Blog

Let’s Talk Promo Codes

Posted on by
Reply

Looking for a good deal on a prepaid cell phone from Let’s Talk?

Let’s Talk has great deals on a variety of phones, and if you don’t have great credit, try one of the prepaid phone options.

Let’s Talk promo codes will help you save even more money on your prepaid phones from Let’s Talk.com !

Using these promo codes is easy! Simply click the “activate now” text and then paste in the promo code at checkout on letstalk.com.

Get %5 off on purchase with promo code RTDEALS – Click Here to activate and then enter RTDEALS at checkout

Bookmark and Share
Link to this content!

How to Rent an Apartment with Bad Credit

Posted on by
Reply

Having a good credit is important when renting an apartment, but having bad credit isn’t the end of getting a new place you like

Rent an Apartment with Bad CreditYou might be wondering why some people who are in a far worse situation than you are able to rent an apartment while you are still struggling to convince prospective landlords of your reliability as a tenant. Surely, they must have done something to gain their landlords’ approval. There is no need to worry. Landlords do not simply base their decision whether or not to rent you their apartment on credit history. Follow some of these tips, and then you’ll realize that renting an apartment with a bad credit is not a far-off chance:

Try to avoid getting a credit check if you’re trying to rent with bad credit

There are some landlords that don’t necessarily require a credit check. In place of the credit check, they may just ask you to show proof that you are a reliable renter. You can ask your local realtors for available apartments, or you can look at the classified section of the newspapers or online classifieds.

Get a copy of your credit report and review it before trying to rent

You can get this for free at the three major credit-reporting agencies: Equifax, Experian, and TransUnion. Review your credit report so you can determine whether your low credit score is a result of delinquent payments on your part or a result of erroneous items in your report. Report erroneous items on the credit-reporting agencies so they will immediately act on it. If you find debts that are indeed yours, do your part and try to pay these debts as soon as you can.

Write a letter of explanation on all the bad marks on your credit report

Landlords may be more understanding if they are made fully aware of the circumstances leading to the bad marks in your report and will likely allow you to rent the apartment.

Offer to pay a larger deposit with your new lease

Although you don’t have a good credit, your willingness to pay more than the usual deposit will create an impression that you can be counted on when rental time comes.

Offer to pay more in rent

This will prove to your landlord that your bad credit does not necessarily mean that you have bad renting habits.

Find a cosigner with an excellent credit score

Ask the help of your friend or relative to be your cosigner. This is risky on the part of the cosigner because the landlord can go after them if you fail to pay your obligations. Landlords feel secured in the fact that somebody else will shoulder the payment should you be unable to do so. Before finding a cosigner, however, make sure that you are fully capable of paying your rent on your own.

Get a friend to recommend you

This works better if your friend knows the landlord. He/she can write a recommendation letter to the landlord. If not, you can always ask your friend to recommend you in person. You may have a bad credit, but if you have a friend who vouches for you, you have more chances of winning the landlord’s approval.

Present a list of references

If you cannot convince your landlord of your capability as a renter, you can ask him to verify the information you provided to him by contacting the people on your list. Make sure that the people on your list are willing to vouch for your credibility.

Provide a letter of recommendation from your previous landlord

If you have been a dependable tenant in your previous apartment, it is not too difficult to ask your previous landlord to write a recommendation letter containing information on how you have been a good tenant despite your bad credit.

Offer the landlord help in maintaining or improving the apartment’s condition

This will more likely appeal to the landlord because he doesn’t need to hire somebody else to do the apartment maintenance.

Ask your prospective landlord to visit your current apartment

This way, he will see that the condition of your current apartment will reflect the condition of his apartment if he will allow you to rent it.

Be honest about your bad credit

If you tell the landlord the reason for your bad credit score, make sure that you only tell the truth. Do not make up stories. People have a way of knowing whether somebody is telling the truth or not. If the landlord will see your sincerity, he will more likely rent you the apartment.

Dress nicely

When you meet your prospective landlords, make sure that you look presentable. Your appearance always counts.

Bookmark and Share
Link to this content!

Top 20 ways to restore your credit score

Posted on by
Reply

Credit repair in 20 simple tips

Maintaining a great credit score can be a very important factor in leading a successful and stress free lifestyle. A low credit score can hurt your chances of obtaining everyday necessities like bank accounts, insurance and even a job. A high credit score, on the other hand, can reflect good credit management, and ultimately show others that you lead a responsible life. If you are encountering difficulties in dealing with financial institutions or other businesses because of your bad credit, now is the perfect time to restore your credit.

Restoring your credit is not easy, but with patience and perseverance, it is possible.

Here are the top 20 ways that will help you in restoring your credit:

  1. Prepare a list of your credit-card debt: the open accounts, the balance on each account, and the interest rate on each account. Start paying on the account with the highest interest rate, then continue to pay the monthly payments on the other accounts.
  2. Pay your bills on time. Mark your calendar so you won’t forget your deadlines. Paying late can hurt your credit rating.
  3. Make sure that you pay at least the minimum monthly payments. This will show that you are responsible in meeting your payments and will boost your credit score.
  4. Consider using your savings (if you have any) to pay some of your bills. This will help in offsetting the high interest rates.
  5. Prepare an itemized description of your budget. It must be realistic. Include all kinds of expenses.
  6. Use only one or two credit cards and cancel the others. This will show that you are trying to better manage your credits.
  7. Your open credit card accounts must have available credit. This will improve your credit score.
  8. Get a copy of your credit report from the three major credit-reporting agencies: Equifax, Experian, and TransUnion. You should do this at least once a year. You can order a free credit report at www.AnnualCreditReport.com. The credit report is very important because it shows your credit management in the past. Your current debt and the amount of debt you have repaid will show in your credit report.
  9. Review your credit report for errors. If you find erroneous items in your report, you need to dispute these errors on the credit agencies. Some errors you may find are debts that are made by somebody else or closed accounts that show as open.
  10. Organize your accounts according to the severity of the damage it would inflict in your credit score. This is important so you will know which account to prioritize.
  11. Refrain from using your credit card in buying perishables such as gas or food. Use your credit card only if you are sure that you will pay the amount in full once the billing statement arrives.
  12. Do not use your credit card in splurging for depreciables such as cars or furniture. If possible, make a large down payment for these items and then pay off the balance in the shortest time you can manage. This is important so that you won’t have to pay for high interest rates.
  13. Use your credit card in purchasing appreciables that increase in value, such as real estate or mortgages. Make sure, however, that you make wise investments.
  14. Do not open unnecessary accounts. Just because your current income is high doesn’t mean that you can afford to open new accounts. Your income might change in the future.
  15. Do not close accounts thinking that the accounts will be removed from your record. Sometimes closing accounts can negatively affect your credit score.
  16. Keep track of what you charge. This will prepare you when your billing statement arrives.
  17. When you receive your billing statement, pay your bill in full if possible. This is to avoid further interests in your accounts.
  18. Contact your creditors immediately if you’re overdue on any bills. You might be able to agree on a payment option that will allow you to pay your bills without the additional late-payment fees.
  19. Use cards that have the lowest interest rate. Those that do not require an annual fee are preferable. You can search the Internet for good offers.
  20. Seek the advice of professionals. If you need any help with restoring your credit, you can always ask for advice from accountants and attorneys. There are many ways to restore your credit on your own, but an advice from a professional who has extensive knowledge in this field can greatly help. Some of these professionals offer advice at affordable rates.

Bookmark and Share
Link to this content!