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Getting a Loan with Bad Credit |
Obtaining a loan or any type of finance can be a real challenge. If you have a bad credit history and you are trying to get a secured loan or buy a house, you will usually have to do even more work to find a lender that will be prepared to lend you the money. You will...Read More
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Top 5 Hottest Programs |
See the hottest programs around for credit card offers, rebate cards, personal loan programs that offer both secured and unsecured personal loans and much more...Read More...
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Bad Credit Auto Loans |
Major-Credit.com has partnered with Auto Credit Express ®, a Top Rated Auto Loan company. Auto Credit Express takes pride in helping first time buyers and people with slow pay, repossession, even after bankruptcy, get financed for a new or late model car.
They help real people across the country every day. It's one of the things that makes them different & better than other auto loan companies.
New or Used Auto Loans for Bad Credit
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Crushing Credit Card Debt |
How much do YOU owe on your credit cards?
The average American family is now over $7000 in debt just on their credit cards. That debt generates an interest charge of over $105 each month if your card charges the average 18%. If you have missed a payment or made a late payment (even by one day!), you may be paying up to 27% interest or over $157 each month.
Most credit card companies require a modest payment towards the card balance. Modest meaning from $10 to $20 a month. To pay off a $7000 debt at $20 a month you will not pay off this debt for 29 years.
And what about those interest charges?
Paying off a $7000 credit card debt charging an interest rate of 18% and paying $20 a month towards the debt, you will pay over $18,400, more than TWICE the original debt, just in interest.
Read more...
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