Sabrina’s Money Madness

Our economy is in the tank and a lot of it has to do with the subprime mortgage mess. People are overexending themselves on homes with adjustable rate mortgages. When it comes time to pay the piper the homeowner is left in a bind because they can’t cover the payments. I can’t believe mortgage lenders […]

Well according to a report by the credit bureau Experian, you sign up for their services and everything is done. But it you sign up for something like lifelock, it accomplishes the same thing. Experian is saying that credit laws don’t allow for third party agencies to put a fraud alert on your consumer credit […]

I really need an air conditioner because it’s very hot in my apartment. But I also need tires for my car and some other small stuff for my house. Unfortunately my budget can’t handle all of that. Everything except the air conditioner was budgeted for. It’s a good thing that I have credit cards that […]

Have you even heard of Life Lock? It’s the commercial where the CEO puts his social security number on a billboard to tout the services of life lock. For a small fee, consumers can have alerts put on their credit reports preventing them from becoming victims of fraud. So why would Experian be mad about […]

It’s about time! I thought I was going to have to make a payment on the account. That  would have been silly because the transfer would pay the account in full and leave a credit balance of $25.00. As soon as I saw the money added to the account, I wrote the cancellation letter to […]

I’ve been waiting for my balance transfer to go through for a week. I opened a new credit card because it had better terms. It has a 0% interest rate until September 2009. No transfer fee and no annual fee. Of course they kill you with the return check fees or late fees. I always […]

I recently a used car. It’s a 2005 in pretty good condition. I got it for a good price but my financing wasn’t the best. That’s because I had to get bad credit auto loans since my credit score was low. My score was in the 500’s at one point. Now it’s in the high […]

I have a plan to pay for school next semester. It’s not popular because I plan on taking a personal loan to pay for it. I figure if I take a Personal Loan, I can use that money to pay for school, then use the money from my paycheck to pay for fees and books. […]

Eh, am I surprised? No not really. Especially when I saw that it was for a Platinum Select card. They’re usually a little harder to qualify for than regular cards. I guess the only thing I can do now is continue to pay on my credit card and personal loan and steadily build my credit […]

No I didn’t get an answer today. I just wanted to talk about how I decided which one to apply for. I went for a rewards card instead of cash back which is what most people go for.
You can go online and see the various rewards and points needed. When I compared the amount of […]

My credit is pretty bad right now. My credit score is low so I’ve been trying to do things to raise my score back up. I’ve recently applied for several credit cards to test out my credit. None of the applications were for 0% credit cards because you have to have almost pristine credit to […]

I know most of them are a scam. But there are some out there that give you useful information. In one program I read that if the credit bureaus can’t verify information then they have to take it off of your credit report. If you challenge the information (I can’t remember the exact terminology) and […]