Sabrina’s Money Madness

I talked about that in a previous post but I didn’t stress why it’s crucial to stop applying for excess credit. My credit score is low which is why I got denied for the cards I applied for. One reason is excessive inquiries. Every time you apply for credit you get hit with an inquiry […]

Wow I didn’t realize how many hit my credit report has taken lately. I applied for 3 store credit cards just to get the discount. Then I applied for several credit cards. I did get one but the other two are still pending. I’m supposed to be saving to buy my own home in several years […]

I just got off the phone with my credit union. I was pretty surprised that they called. I thought it may have had something to do with the fact that I maxed out my card because of my car inspection but it wasn’t. They never received a income verification from me. The person that called […]

And it’s not a rewards card which is a bummer. It’s one of the plain platinum cards that doesn’t offer anything. I really want a rewards card though. If I can buy food, photo graduation announcements, clothes or even pay bills and get rewards points then that’s good for me. The service associate that I […]

The credit card company reopened my account and restored my card privileges. However they sent me a plain jane vanilla card with no rewards or anything attached. I’ll use the card to charge something once a month just to keep the account active. Then once I feel the time is right, I’ll ask them to […]

I have 2 cards that I use a lot. One is my debit card that has a rewards program. The other is my credit card that I pay in full every month. Now one of my old credit card companies has decided to reopen my account. If they have a good rewards program I will […]

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 […]