Three tips to get direct deposit loans

03/25/2019 | By citihelp | No Comments | Filed in: credit scores, direct deposit loans, lenders.

If you are suffering from a financial difficulty and you want an immediate solution, then you might want to consider direct deposit payday loans. These are loans in the form of cash advances and can be done in just a matter of one hour. This is the best solution for those people who are on a tight budget and are definitely in need of money.

It is true that there are other means to get money but you can not rely on their safety and complicated procedures. So if by now or in the future you get interested of getting direct deposit loans, you have to read the following tips so that you may get important pointers before you avail one for yourself.

1. Primarily, you have to know the several reasons why you need to apply for direct deposit payday loans. Are these reasons really important enough? Do you have to pay for certain bills? Does anyone from your family needs medical expenses? If these are some of the reasons, well it is necessary that you should apply for payday loans. Loans like these are fast so you can use the money immediately.

2. Searching the internet for online direct deposit loans is the fastest way to get these loans. Internet contains different lending companies giving you the option to compare one from another. You can also read different lending company reviews. You can also find the different ratings and complaints here, thus will serve as your guideline in looking for the best direct deposit payday loans.

3. Do not make a hasty decision. Once you have chosen a particular lending company, you have to continue doing your research. Better still, you have to choose at least three lending companies that offer direct deposit loans.

Compare these three companies and make a comprehensive elimination out of them. Once you are done with that, you may now complete an application form for unsecured advance cash loans and wait for the approval and release of the money.

What’s a snowballing debt?

03/12/2019 | By citihelp | No Comments | Filed in: credit scores, creditor, snowballing debt.

Since a number of us are suffering miserably and sadly by the problems of debt and no matter how many theories, articles or advice we give out. People around the world cannot stop their hands and hearts from swiping that card to just make one more purchase of that gorgeous Hawaiian odor of the new fragrance of Calvin Klein, or since the child is nagging so much for the new Play station 4 round the block for his BD present. Or there is no harm in getting that new Sony cybershot model that just entered in the market.

We have no shame and endurance from the temptation of the many manufacturing companies and the products they make to delight our senses. So as we stay busy buried under our piles of debt, poke your head out just to listen to another theory which has been introduced by the much famed financial expert and radio talk show host, Dave Ramsey. He has come up with yet another method of paying off and getting rid of your debt once and for all. He has introduced the debt snowball calculator. Yes bring in the drum roll, since this unique and one of a kind method is suddenly attracting the rush of the financial world and the borrowing public as well.

This calculator can be applied to any kind of debt and especially to those which are revolving debts such as credit cards. Following are some steps which can be conducted while using the calculator:

List your debts
To begin with it is important that you sit down, take out a paper and pencil and list out all the debts you have from the various creditors. List them in ascending order starting with the lowest and then stepping up to the highest. It is important to clearly define the different debts you have, their amounts and the interest being charged on it. The idea of the debt snowball is to chop down the lowest debts first which will make access to big debts easier. There is no fancy way to do it so simply list out the totals in ascending manner.

Fire off with the minimum loan
Start off by paying at least the minimum on these debts, for instance if you have credit card debts, its best that you start of by paying the minimum on your debts even though interest rate will make the amount increase it will provide you with a better credit standing than from your initial stage. The objective of the debt snowball in the long run is to make you debt free, on the other hand its short term goal is to start lifting your credit scores from the ground. Though the journey of becoming debt free may seem like a long road disappearing into nothing, its goal is to take you step by step compiling to your financial obligations so that even the tiniest spot of debt is erased.

What’s now is now
Taking into consideration your current budget amount since then will you have an idea of whether you have the finances to pay off the debts. It’s in your best interest to pay a little extra on your minimum amount judging your current budget if it allows you too. It puts you on a better stance, since paying more than expected will cover grounds for you. For example if your actual amount on the debt is $400 per month, than opt for paying $420, all these payments need to be listed down because in order to take the next step you may have to refer to the first step.

Step by step
Now that you are assured that the first step has been covered successfully than move on to the other step. Perform the exact manner of payment as you had done in step one, paying off the maximum that you can for that month. Since eventually you find yourself on a better stance compared to the previous position, it may not seem like a leap to you but it has made you a little bit out of debt. And so repeat this process until you reach the large debts, keep the patience intact and remember that this free- advice will take a considerable amount of time to work.…

Applying for a credit card

03/11/2019 | By citihelp | No Comments | Filed in: cash back, credit card, loan.

While applying a credit card, people go for best deal. Some people think that credit card charging the lowest rate is the best one. While deciding to purchase a credit card, you must consider its lower rate, rebate points, annual fees and mileage points as well. Follow the following given points that will be helpful for you.Buying a Credit Card

Types of Credit Cards
· Unsecured cards are not backed by security and are issued on your creditability.

· Secured cards are issued against a security and the credit limit is usually up to the amount of security.

Credit Cards with additional features
· Rebate cards gives you the facility of rebate based on your purchases and are usually 3% to total amount of purchase. Rebates are processed at the end of year.

· Point cards facilitates you be offering points which can be used to purchase discounted merchandise and tickets. These points are processed quarterly and accumulates to next quarter if unused but are voided after certain period.

· Affinity cards are a partnership between a services company or institution and offers you discount while using their services.

· Co-branded cards are usually issued by two companies. This facilitates you to get discounts on the products of other company.

Factors to be kept in mind
Following factors must be considered for judging credit card costs:

Finance Charges
Interest Rate: Credit card companies sets interest rate based on past history of the customers. Go for the card which offers you lowest rate and try to maintain good credit history.

Introductory Rates: Check out for introductory rates, because some companies offer you less rates as scheme of promotion but just for a specific time. Check if this offer expires, still you are paying low charges.

Calculation of Interest: Various methods are used by card companies to calculate interest. you must be aware of those methods.

a. Adjusted Balance Method: It is the most advantageous method for calculating interest. Here your current month purchases are not included to calculate interest.

b. Average Daily Balance Method: Here interest is calculated on daily purchases and it the interest amount is high in this method.

c. Previous Balance Method: This method simply computes finance charges on the ending balance of the preceding billing cycle.

Annual Fees and other Fees
Look out for the annual fees by the card issuing company. High be the amount of services offered, high be the annual fees. consider other fees as well, such as late payment fine, over the limit fine and cash in advance fee.

Other Considerations
Also consider the grace period offered by the company. Internet is a great resource for matching and comparing credit cards, based on your data. Also look for the US Federal Reserve Board’s credit card survey. So read the agreement before signing it.…

Selecting the best financial service provider

03/02/2019 | By citihelp | No Comments | Filed in: financial service provider, money.

Nowadays there are so many companies that are offering some financial stability programs. You can get into any scheme that you like to control your debt. It is really essential for a person who cannot afford to mismanage his debts and therefore should seek help from some available debt management schemes.Best Financial Service Provider

Before going for anything like that you must ask some questions to yourself so that you can make some good selections. For example ask yourself that can the veracity of a debt management scheme be considered? Or how is the credit going to be looked after by an unswerving company? Or will the status of the company affect by any means while choosing any scheme.

If you have finally decided to go for a management service then there are some tips that might be amazingly helpful to you. You can go through them below and decide what is meant just for you.

Reasonable set-up fees
You must make sure that you are not being billed with anything extra. Since it is happened many times that a deal has been finalized but the customer hasn’t identified the hidden charges in the deal and rather to get away from indebtedness the person finds that he is getting deeper in the swamp of debt.

This basically comes when you need some kind of help or assistance in any form. You should notice that the company is sincere in its dealing and hides nothing from you. In fact you are not even billed for little things like photocopies, application or an advice.

Existence of the Company
It is really important to know the background of the company. Like you should know that how long has the company been in this work, and will they be able to survive till the coming years.

Company’s Reputation
It should be noticed that” Are the customers of this company satisfied with the work or not?”. Since this will give you an idea about how helpful is it going to be for you.

Experience in the Field
It is really important to see if the staff is professional and experienced. Since experience people know how to deal with problems much easily rather than the other ones.

You must check if the person you are talking to is a champ in his field or not. It means he should be highly educated and should be able to help you as soon as possible.…