Due to the troubled economy, many homeowners are looking for sources of emergency cash. If you need funds to get you through the next few months because of unemployment or other circumstances, consider the source carefully. Credit Cards: Using a credit card cash advance is an easy and quick way to withdraw a large sum [...] [...more]
As banks are hit hard by the the financial crisis, they become more stingy with their credit card offers. In many cases, they’re cutting the lines of existing customers and increasing their rates. The American Chronicle reports: “Today, rates for more than half of all cardholders have skyrocketed while interest rates are at their lowest [...] [...more]
If you are using over 40% of your available credit, paying off your credit cards with a HELOC may improve your credit score. However, there are some risks involved. Applying and opening a HELOC will give your credit score a ding. However, you may be able to increase your score significantly by transferring your credit [...] [...more]
