- 1 First Time Credit Card Applicant
- 2 Find the Best Credit Cards for Teens
- 3 The Top 10 Capital One Credit Cards
- 4 Capital One's Best One-Time Bonus Credit Cards
- 4.0.1 What are the best one-time bonuses from Capital One?
- 4.0.2 Best One-Time Travel Bonus: Capital One Venture Card
- 4.0.3 Best One-Time Cash Back Bonus: Capital One Quicksilver Rewards
- 4.0.4 Best One-Time Travel Bonus for Business: Capital One Spark Miles for Business
- 4.0.5 Best One-Time Cash Back Bonus for Business: Capital One Spark Cash for Business
- 4.0.6 Do one-time bonus cards differ from other types of cards?
- 4.0.7 How do Capital One's one-time bonuses compare to the competition?
- 4.0.8 The Platinum Card from American Express
- 4.0.9 BankAmericard Travel Rewards Credit Card
- 4.0.10 What do others have to say about the Capital One Bonus Cards?
- 5 Commitment to Solving Credit Score Problems Is the First Step to Good Credit
- 5.1 Answering the Question of How Can One Raise His Credit Score within a Time Frame of Six Months
- 5.2 How to apply for a Stafford loan
- 5.3 Stafford student loans contact number
- 5.4 Top 10 credit cards for first time applicants
- 5.5 How to get your first credit card at 18
- 5.6 How to get personal loans with bad credit
- 5.7 How to get personal loans for people with bad credit
- 5.8 Can I keep my car if I file chapter 7 bankruptcy
- 5.9 Uncontested divorce with children
- 5.10 How much would an uncontested divorce cost?
- 5.11 What property can I keep after a chapter 7 bankruptcy?
First Time Credit Card Applicant
Welcome to our reviews of the First Time Credit Card Applicant (also known as girls clothing cheap or seconds). Check out our top 10 list below and follow our links to read our full in-depth review of each online dating site, alongside which you'll find costs and features lists, user reviews and videos to help you make the right choice.
"First Time Credit Card Applicant
New York Pajamas. petitewomenspajamasonsale, Black Cat Pajamas for Women - Striped Christmas Pajamas cheapchildrenspajamasets pajamas for women plus size Kids PJ Blanks cheapchildrenspajamasets pajamas that match for whole family Number Matching Game Online Blank Boutique Embroidery Shirt Blanks cheapchildrenspajamasets Christmas Story Onesie Adult. Footie PJs for Dogs: justicepjsforgirls cheapchildrenspajamasets My First Christmas Sleeper cheapchildrenspajamasets Preschool Match Game - Kids Embroidery Blanks cottonknitwomenspajamas
macysboyschristmaspajamas Justice Robes for Girls powerpoint game show template family feud - Petite Size Pajamas for Women Justice Robes for Girls Walmart Family Christmas Pajamas Justice Robes for Girls family pajama sets discount. macysgirlsholidaypajamas, personalized pjs christmas Justice Robes for Girls Newborn First Christmas Outfit Justice Robes for Girls Discount Pajamas Clearance: kohlsmensflannelpajamas. printable card games rules for crazy eights. womensfootedpajamas Justice Robes for Girls candlestick girls holiday pajamas Justice Robes for Girls uglymenspajamas, my first christmas pajamas in 12 months.
toddler christmas pajamas at target, womens pajamas cotton scandinavian toddler pjs with cape. family pajama sets cheap. christmas pajamas for girls size 14. Pajama Family, Size 12 Boys Pajamas. memory game template ppt womensflannelpajamaswithpockets Matching Family Christmas PJ Sets, family matching pajamas infant through girls Memory PowerPoint Presentation Psychology
blossom blanks gadsden al Girls Christmas Pajamas Amazon? family matching pajamas cheap, Amazon Girls Pajamas 7 16 pajamas for women petite! Onesies for Men: Funny Christmas Pajama Party Invitation Short Cotton Pajamas for Women clearance family christmas pajamas. flannel pajamas for women walmart Short Cotton Pajamas for Women Cheap Family Pajamas Christmas women s christmas pajama sets: Wholesale Pajama Blanks. Chasing Fireflies Family Pajamas? Pajamas for Girls Size 14 Short Cotton Pajamas for Women Girls Pajamas with Dog Print Number Match Memory Game womensfleecepajamaspetite Short Cotton Pajamas for Women
womensfleecepajamasonsale ladies pajamas sets for hospital wholesale Christmas Pajama Party Invitation Wording winter clothes matching games preschool. plaid holiday pajamas for toddlers Footie PJs for Dogs. womens pajamas plus size Striped PJs for Kids Number Match Memory Game Christmas Pajama Party Invitation Wording sew pajama pants for kids. cottonwomenspajamapants womenspimacottonpajamas family matching pajamas cheap! Walmart Family Christmas Pajamas Christmas Pajama Party Invitation Wording Funny Christmas Pajama Party Invitation! Memory Game Pictures Printable! Christmas Corduroy Pants for Men - Christmas Jammies 2015 Ladies Flannel Pajamas on Sale Christmas Pajama Party Invitation Wording pajamas at walmart for women
Find the Best Credit Cards for Teens
Teens can handle credit and debit cards with guidance. Choosing the right card depends on the teen’s age, maturity and financial skill. Financially savvy parents put a card in their children’s hands long before their 18th birthday. By the time a teen is old enough to be eligible for her own credit card, she should already know how to handle it responsibly.
Introduce tweens to a debit card, either prepaid or connected to a bank account (their own). One interesting variant on this idea is FamZoo, a virtual family bank: All of the family’s prepaid debit cards are connected to the parents’ card, which is the funding source for the other cards. Mom and Dad can supervise all the activity on the kids’ cards, automate pay for chores and allowances, deduct expenses, and even pay interest on savings. The system is designed to teach kids how to budget, save and use plastic responsibly.
To teach older teens about the very real risk of running up credit card debt, many parents choose to add their child as an authorized user or joint account holder on one of the parent’s accounts (a teen under age 18 can’t get a traditional credit card in his/her own name, and a person 18 to 21 can only get one with a cosigner or verifiable income). For more, see Getting Your Kids Their First Credit Card.
This establishes a credit history on the child’s credit file and puts him or her in better position to qualify for a traditional card when the time comes. As the primary account holder, the parent has full control and supervision of the account. An obvious disadvantage is that the parent is responsible for the account and any charges incurred. In fact, the damage can go in either direction: the child’s credit will suffer if the parent fails to make payments on time or carries a high balance.
The parent can add the child to an existing account or can establish a new account specially designed for teens. A great option is the DFCU Teen Visa Platinum card for 16-to-18-year-olds. The credit limit is between $250 and $1,000, based on the parent’s credit.
Older teens are legally allowed to obtain their own credit card (with verifiable income if under the age of 21). This is a great time to encourage the child to take on a greater level of financial responsibility. First-time credit card options are generally secured cards or student cards.
A secured card is one that sets a credit limit based on the size of a security deposit placed on the account, typically $300 to $500. The deposit is held as collateral against default. Transactions are handled in the same manner as they are on traditional accounts – the user makes purchases, the purchases show up on the statement, the user makes the required payment by the due date.
In choosing a secured card, look for one that reports to the credit bureaus as unsecured (more favorable), has a grace period for paying off purchases without incurring interest, has a low or no annual fee, and has low fees overall. Interest rates will be on the high side compared with unsecured cards, but ultimately shouldn’t matter because the goal is to teach the teen to pay the balance off every month and avoid paying interest altogether.
Few secured cards will score a high grade on every factor, but several are worth consideration. The Harley-Davidson Visa Secured Card has no annual fee and a 24+ day grace period. It reports to the credit bureaus as secured. The Capital One Secured MasterCard comes with a $29 annual fee but reports as unsecured and imposes very few additional fees. There is no foreign transaction fee, for example, so it’s great for someone who frequently travels outside the U.S. – or is spending a college semester or year abroad.
A student card is preferable to a secured card because no cash deposit is required. It’s a traditional credit card tailored to students or first-timers. That usually means a modest credit limit, but can also mean gentler treatment of people who are still learning how to handle credit responsibly and who may make a mistake now and then.
The Discover it chrome card for students is a no-annual fee rewards card that won’t impose a penalty rate on the account if the cardholder pays late. Plus the late payment fee is forgiven on the first occurrence. If you apply for the Discover it card and are turned down, Discover might extend an offer for its secured card instead. It’s an excellent option and one of the most favorable secured cards available.
The Capital One Journey Student Credit Card is a no-annual fee rewards card that pays bonus rewards to cardholders who pay their bills on time.
A credit card is a great tool for teaching a teen about credit, credit cards, credit monitoring, budgeting and money management. Even parents who haven’t handled credit cards perfectly in the past can help their children start their financial lives on the right foot. As with any skill, money management requires a great deal of practice. So encourage the teen to use and pay off the card regularly.
The Top 10 Capital One Credit Cards
One of the most popular credit card issuers today is Capital One. Not only does the company have a wide range of offerings, they’re more flexible when it comes to credit approvals. Capital One is a good option to consider for business and personal use, and most of their cards come with nice perks. Here are ten of the best Capital One credit cards.
This Capital One credit card comes with great travel rewards, including a one time 40,000 mile bonus if you spend $3,000 during the first three months of having the card. No blackout dates, miles that don’t expire, and the potential to earn unlimited points are other great features. The annual fee is $59, but that’s waived for the first year.
APR: variable, 13.24% to 23.24%
Best for: Those who travel often, including internationally. You can choose the hotel or airline of your choice and travel at any time, plus there are no foreign transaction fees when you use the card.
2. Capital One Quicksilver Cash Rewards
Quicksilver is a flexible Capital One credit card that gives you 1.5% cash back on each and every purchase you make. You can also get a one time $100 cash bonus if you spend $500 on purchases within three months of singing up. There are no foreign transaction or annual fees for this card, and it offers one free Uber ride for every tenth ride that you book.
APR: 0% on purchases and balance transfers for the first nine months, then a variable 13.24% to 23.24%.
Best for: Uber riders, those who use their credit cards sparingly, and anyone who wants to earn cash back with their credit card. There’s no limit to the cash back that you can earn, and your rewards and earnings won’t expire.
3. Journey Student Rewards from Capital One
The is a great Capital One credit card for students, and you only need fair credit to quality. You’ll receive a higher credit line after making your first five monthly payments on time. There are no monthly fees with this card, and you can choose your monthly statement due date.
APR: variable, 20.24%
Best for: College students who are learning to use credit responsibly. You’ll receive 1% cash back on all purchases, and that rate rises to 1.25% if you pay your bill on time during any particular month.
4. Capital One PlayStation Card
There aren’t many credit cards geared towards gamers, but this is an exception. It’s especially beneficial if you prefer the PlayStation platform, as you’ll receive 10 points for every $1 spent at the PlayStation Store. You’ll earn three points at Sony and PlayStation authorized retailers, for paying your cell phone bill, purchases made at movie theaters, and spending money fast food restaurants. For all other purchases, you’ll earn one point, plus there’s no annual fee to use this card.
APR: 0% on all purchases made by July 2017, then a variable 14.24% to 24.99%
Best for: PlayStation fans who regularly make purchases from the PlayStation Store, buy Sony products, go to the movies a lot, or eat out regularly. If you make a purchase anywhere within the first 90 days of having the card, you’ll receive 5,000 bonus points.
This is a versatile Capital One credit card that will reward you with 5% earnings on the fist $5,000 in purchases that you make each year. After that, you’ll get 2% earnings on each purchase, and earnings don’t expire. The card has no annual fee, no reward redemption limits, and you won’t incur any foreign transaction fees on purchases.
APR: 0% on purchases for the first 12 months, then a variable, 13.15% to 23.15%
Best for: Those who want World Elite MasterCard benefits and would prefer a card with no annual fee. The card also allows you to redeem points you earn towards the purchase or lease of Cadillac, GMC, Buick, and Chevrolet cars.
6. Capital One VentureOne Rewards
This card is similar to the Venture Rewards Capital One credit card, but it’s geared towards helping you save on travel purchases rather than simply earning reward miles. It’s a bit more flexible in that regard, and there’s also no annual fee with this product. You’ll receive the equivalent of $400 in travel rewards if you spend $3,000 on purchases during the first three months after you sign up for the card.
APR: variable 13.24% to 23.24%
Best for: Those who like to travel, want a variety of reward options, and prefer cards without an annual fee.
7. Capital One Spark Cash for Business
Capital One has several credit cards just for business owners, including Spark Cash. It allows you to earn an unlimited 2% cash back on all purchases, and you can get cards for your employees that are tied to the account. There are no category limits for earning points, and the $59 annual fee is waived for the first year.
APR: variable 17.24%
Best for: Business owners who have employees and want to give them access to a credit line, and those who often make purchases for business purposes.
8. Capital One Spark Miles for Business
The Spark Miles Capital One credit card is similar to Spark Cash, but you’ll earn miles in addition to cash back. You can redeem your points for travel, cash back, gift cards to select stores, and there are other options as well. No blackout dates, seat restrictions, or category limits, and no expiration dates make this card a good fit for business travelers.
APR: variable 17.24%
Best for: Entrepreneurs who frequently travel for business.
9. Capital One Platinum Credit Card
In most cases, to get a Capital One credit card you need good or excellent credit. The Platinum card, however, requires only fair credit. If you make your first five monthly payments on time, you’ll receive a credit limit increase.
APR: variable 24.99%
Best for: Those looking to build or strengthen their credit profile, or anyone who doesn’t have good credit that’s not a student. There’s no annual fee for the card.
Unlike many secured credit cards, Capital One’s option doesn’t come with an annual fee. You’ll get a $200 credit line to start off with and will be required to deposit either $49, $99, or $200 for security. Your limit can be raised if you make the first five monthly payments on time — and you won’t have to pay an additional deposit — and regular reporting to all three major bureaus will help get you on the right track.
APR: variable 24.99%
Best for: Those with poor credit who want a chance to rebuild and increase their credit’s standing.
Capital One's Best One-Time Bonus Credit Cards
People get rewards credit cards for all kinds of different reasons: cash back, bonus miles, reward points. Regardless of your reason, the vast majority of rewards cards have a one-time sign-up bonus if you spend a certain amount within a certain window of time. People that know how to work the system can reap the benefits of these bonuses without putting themselves in financial jeopardy. Entire schools of thought have sprung into existence on how to best utilize these bonuses; travel hacking is just an example. By taking advantage of signup bonuses, travel hackers get free flights and a host of other rewards by using a credit card to pay for things they would have to spend money on anyway.
If you're reading this, then you're no doubt interested in Capital One's specific offerings. We've gone through their options and compared them to give you the best one-time bonus cards, as well as the best options from Capital One's major competitors.
What are the best one-time bonuses from Capital One?
Capital One has several fantastic reward cards, and the best ones come with great sign-up bonuses. That said, there is no one "best" overall card. Value-wise, a single card can be determined, but it isn't the best for everyone. We've broken down the top four cards (cash back and travel for businesses and individuals) and laid out the particulars for you.
Best One-Time Travel Bonus: Capital One Venture Card
The Capital One Venture Card is one of the best travel rewards cards out there. Not only is there no annual fee for the first year, but you earn double miles on every purchase. 100 miles equates to $1 in travel rewards.
The one-time bonus is 40,000 miles, or $400 in travel, if you spend $3,000 on purchases within the first three months. While this is an impressive value, it's not the highest value bonus Capital One offers. It is, however, the highest consumer level reward from Capital One.
Now for the less fun part of the card: the fees. The Venture Card has an annual fee of $59 after the first year and a late payment fee of up to $35. The cash advance fee is either $10 or 3% of each cash advance, depending on what is higher. The minimum payment will be $25 or 1% of the outstanding balance, plus any interest and/or late payment fees.
Finally, those that want to apply for a Venture Card should have Excellent credit. In other words, a rating of 720 or higher.
Best One-Time Cash Back Bonus: Capital One Quicksilver Rewards
We've reviewed the Quicksilver before, and for good reason: it's one of the best cash back rewards cards a person can get. With 1.5% cash back on all purchases, with none of the hassle of activating categories and keeping up with the rotation, the Quicksilver has a lot going for it.
The one-time bonus is $100 cash back if you spend $500 within the first three months. Yes, you read that right; you get $100 for free. $500 isn't a huge amount to spend over a three-month period, either. For consumers, this is the best one-time cash back card you can get from Capital One.
The Quicksilver has no annual fee, and a 0% APR for the first nine months. This makes it feasible as a balance transfer card. The late payment fee is $35, and the minimum payment is $25 or 1% of your balance, as well as any late fees and interest payments. The cash advance is $10 or 3% of the advance, whichever is higher. Finally, to apply for a Quicksilver card, you should have a credit rating of Excellent or higher.
Best One-Time Travel Bonus for Business: Capital One Spark Miles for Business
Capital One divides its cards between normal consumers and business cards. While a normal person could probably apply for one of the business cards, the requirements are much higher. The Spark Miles for Business card yields the highest value travel rewards of any Capital One card, hands down.
If you spend $4,500 within the first three months, you receive a one-time bonus of 50,000 miles. That's equal to $500 in travel rewards. For a business, $4,500 isn't a particularly large barrier to entry, but the average consumer isn't likely to spend that much.
Like the Venture Card, the Spark Miles for Business card yields double miles on every purchase for your business, and as an added bonus there are no blackout dates or seat restrictions, and you don't have a minimum limit on what you can redeem. The annual fee is $0 for the first year, then $59 per year after that.
Late payment fees can reach $39. The minimum payment is $15 or 1% of the balance plus any interest and penalty fees. As with most of Capital One's reward cards, you will need Excellent credit before you apply for this card.
Best One-Time Cash Back Bonus for Business: Capital One Spark Cash for Business
While the header for this section might be long, the card is well worth it. It's a lot like the Quicksilver, except for businesses instead of individuals. The Spark Cash for Business card yields 2% cash back on every purchase. If you spend $21,000 for your business, that's the same as getting $5,040 cash back.
The one-time bonus is also impressive. If you spend $4,500 on purchases within the first three months, you'll receive a $500 cash bonus. For some people, that's enough to pay the lease on their office.
The annual fee is $0 for the first year, and then $59 per year after that. Other fees included a late payment fee of up to $39, balance transfer rates of $10 or 1%, whichever is higher, and a minimum payment of as little as $15 plus any interest charges and late penalties.
You'll need at least an Excellent credit score to qualify for the Capital One Spark Cash for Business card.
Do one-time bonus cards differ from other types of cards?
Almost all Capital One cards include some form of a sign-up bonus, as do most rewards credit cards in general. The bonus is a further incentive for consumers to utilize the card's services. That said, "standard" credit cards — those without rewards — do not offer one-time bonuses.
How do Capital One's one-time bonuses compare to the competition?
Capital One has quite a few great sign-up bonuses, but they aren't alone in that. There are several different cards that offer huge bonuses, but there are a few important things to keep in mind. First, not all companies redeem points the same way; while Capital One might have a 100 points to $1 travel rewards ratio, other companies may differ. Here are a few of the one-time bonuses that give Capital One a run for its money.
The Chase Sapphire Preferred is one of those cards that gets touted constantly on the television; you've no doubt seen it advertised in commercials countless times. There's good reason, too; the rewards system is impressive. You receive double points on all travel-related expenses, as well as double points on dining worldwide. For every other purchase, you receive one point per dollar spent.
There are no foreign transaction fees, and more than 43.3 million merchants around the world accept the Chase Sapphire Preferred. There is also complementary travel insurance, reimbursement for delays, baggage delay insurance, liability protection, and 24/7 access to customer service specialists. The annual fee is a bit steep — $95 per year after the first year — but in our opinion, well worth it.
As for the one-time bonus, if you spend $4,000 within the first three months of opening an account, you'll receive 50,000 bonus points. That's the equivalent of $625 on airfare or hotels, or $500 in cash. You can also earn another 5,000 bonus points by adding an authorized user and making a purchase within the first three months. Not bad, huh?
The Platinum Card from American Express
The Amex Platinum is one of the most well-known cards out there, if only for the sheer amount of prestige it carries. That said, it's a powerful rewards card that yields tremendous results for those who qualify. That said, it takes a lot to qualify for this card. First, take a look at the benefits: five times the points when you book a flight directly with the airline or via American Express Travel, and five times the points when you book an eligible hotel through amextravel.com. You also receive $15 Uber credit reach month, plus a $20 credit in December. This can add up to $200 per year in free Uber rides. You can also receive up to $200 in airline credits.
More benefits include a $100 fee credit if you apply for Global Entry or TSA Precheck, as well as access to more than 1,000 American Express Global Lounges across the world.
As for the one-time bonus, you'll receive 60,000 membership rewards points if you spend $5,000 in purchases within the first three months of owning the card. The downside is that the American Express Platinum carries an annual fee of $550, and also that you must pay off your balance in full each month. It goes without saying that only those with Excellent credit qualify.
BankAmericard Travel Rewards Credit Card
Compared to the first two heavy-weight competitors, the BankAmericard is more middle-weight. It grants 1.5 points per dollar spent on all purchases, carries no annual or foreign transaction fees, and your points never expire. There's an introductory APR of 0% for 12 months, which then increases to as high as 23.74% depending on your credit.
The bonus is 20,000 bonus points if you spend $1,000 within three months. That's a much lower barrier to entry than some of the other cards, which makes the BankAmericard a good starting point for a beginner without much credit card experience.
While Capital One has quite a few enticing bonuses, so do its competitors. Take the time to evaluate whether a Capital One card or one of its competitor's cards will be the best fit for you.
What do others have to say about the Capital One Bonus Cards?
Looking at consumer feedback is one of the best ways to get a feel for whether a card is actually worth having or whether it is too good to be true. There's a good reason for this. There are only certain types of people that leave reviews: the very satisfied and the very unsatisfied.
The Capital One Venture Card has a 4.6 out of 5 rating with 8,441 reviews. For a card to carry such a high rating after almost 10,000 people have reviewed it is nearly unheard of.
The Capital One Quicksilver also has a 4.6 out of 5 rating, but only 4,768 people have reviewed it.
The Capital One Spark Miles for Business has a 4.4 out of 5 rating, but has only been reviewed by 369 people. This is largely because the business-oriented credit cards serve a much smaller demographic than the consumer-oriented cards.
The Capital One Spark Cash for Business has the lowest rating of the four with 4.3 out of 5, with 580 reviews.
Commitment to Solving Credit Score Problems Is the First Step to Good Credit
It is always a good idea to keep your credit rating in good standing. It is always a wise idea to consider the pluses of good credit before spending on items that are considered non-essentials. Bills from credit card purchases do not dissipate. Many of us wish that these bills might disappear, but they will not disappear. These bills have to be paid and rightfully so. Paying the bills on a timely basis ensures a good credit rating. Paying the bills on time ensures the ability to have a good or better credit rating, and it ensures the access to borrowing additional funds when needed.
Answering the Question of How Can One Raise His Credit Score within a Time Frame of Six Months
- One of the first steps in improving the credit rating is to access what the actual credit scores are. Finding the assigned credit score is easy. One way of doing this is to access the particular assigned credit score on line on a program that offers the service for free.
- Next one has to access one of the major credit card score keepers. There are three major credit card score keepers. One is the Equifax Company. Another credit score keeper, which is connected to companies that have reported information into systems about financial credit payments, is the Experian Company. The third major credit card company that knows your past credit rating and history of company’s reports on payments and also rates current accessibility to credit is the Transunion Company. These credit bureaus as such receive information from mortgage companies that currently have agreements for financial payments. These three credit reporting bureaus receive information on payments for auto loans, payments on credit card bills, payments for bills for medical care from hospitals, payments for doctors, and any additional bills for services that were needed and were paid for with credit and not paid for with cash.
Raising Credit Scores Can Be Accomplished and Following These Suggested Ideas Will Be Helpful
- The first thing to do in this quest for good credit score standing is to be determined to improve your credit rating.
- The second thing that one should do is to contact all three main credit card bureaus and see if you can advise them of any inconsistencies that would be in your favor.
- The third thing to keep in mind is to always make the payments to bills on time. If you cannot do this, contact the credit company and make at least a partial payment.
- The fourth thing to do is consider making all purchases with cash or with debit cards. If one is able to pay more than the minimum payment, then pay more of the principal of the loan.
- The fifth thing that you should do is to consolidate as many of the loans as possible. Work on it.
Higher education continues to grow in expense, such that an elitist class of people can only afford to pay for it outright. The rest of the population has to turn to financial aid packages, which regularly include federal Stafford student loans. These loans take up the bulk of a lot of financial aid packages and make it possible for everyone to get a higher education degree. There are a couple of different Stafford loans but only one way to apply for them.
How to apply for a Stafford loan
A federal subsidized Stafford loan means that the federal government pays the interest on your student loan while you are in school at least half time, carrying eight to twelve credits, depending on the institution of higher learning which you attend. Unsubsidized Stafford loans accumulate the interest regardless of whether or not you are in school, thereby compounding the amount you owe to a greater degree and sum by the time you have graduated and finished your degree. Obviously then, you would want to apply for direct Stafford loan that’s subsidized first, and unsubsidized second or last depending on what else you can get in your financial aid package.
Every year starting in February, college students can go online to FAFSA.gov to fill out their applications for the following school year’s financial aid package. The FAFSA, or Federal Application For Student Aid, is a long and lengthy application when first filled out, but gets easier every year as long as nothing changes in income, assets or other monetary items that would affect aid or the receiving thereof. Students, if under a certain age and still technically under their parents’ charge, would have their parents fill it out as it is based on the parents’ income tax forms from the previous year and their fiscal picture. If the student is married or independent of their parents’ home and can provide proof of such, or if they are a non-traditional older student, parents’ income and taxes are no longer necessary to the application. It then becomes the student’s responsibility to show proof of need and income and any tax forms they had filed for the previous year. Once complete and FAFSA has received accurate documentation, it takes a few months without corrections to develop an offering of a financial aid package, and the student has to check on the form that they are interested in federal Stafford student loans.
Once a student has finished their degree and graduated, the student loan grace period is two months. Two months are given to everyone to find a job and start paying the loans back. At this point and time the interest will start to accrue unless you have also chosen unsubsidized Stafford loans, which, if you remember, the interest has been accruing all along. If you find that you can not pay your loans back because of financial hardship or can’t find a job in your field, there is such a thing as a Stafford loan forgiveness program. This route isn’t for everyone; it usually involves extremely stressful and potentially dangerous service in areas of the country or globally where poverty and crime rates are high, even among young adults and teens. For example, taking a job as a teacher in the roughest neighborhood in Harlem or Milwaukee and serving there on staff for x amount of years, the federal government will take note of your service (you have to notify them that you’ve taken the position, of course!) and completely excuse your loan. If you don’t mind this work and want to make a difference in such difficult communities, then this might be the perfect way for you to get your education for “free”. There is also an enrollment application for this program in most states, and it can be downloaded from the government’s financial aid website or you can get a copy from the college financial aid office. Don’t do this though, until you’re certain you have a job that qualifies for forgiveness.
Stafford student loans contact number
The Federal Student Loan Support phone line is: (800) 557-7394.
Top 10 credit cards for first time applicants
How to get your first credit card at 18
For first time applicants looking to build credit on credit cards, there are ten credit cards that stand head and shoulders above the pack. If you’re a first time credit card holder, your credit card is the number one step to building a payment record. Your credit score may or may not qualify you for car loans, mortgage or lines of credit. And it will determine the rate of interest you’re charged if you apply for and receive financing of any kind.
The good news is that changes in credit card laws have been passed with the intent of protecting you and others from rogue lending practices. However, it’s up to each individual to make sure their credit file indicates to lenders they are a good or reasonable risk when applying for a loan. Remember to pay all of your bills and expenses on time. All it takes is one or more late payments to lower your credit score.
The following credit cards, which include prepaid debit cards, are great for people with no credit or a limited credit history. It allows them to build credit on credit cards they choose. Federal laws also protect predatory lending practices to people under 21 unless the card applicant can show he or she has the ability to repay.
The following ten credit cards are recommended for first time applicants:
- Applied Bank Secured Visa Credit Card – This credit card comes with a moderate price tag. But balance transfers are not allowed and there are redeemable awards for air travel and roadside assistance. There’s also a relatively high APR and is available to anyone regardless of credit standing.
- First Premier Bank Gold Credit Card – Moderately priced and prohibits balance transfers. Redeemable awards include air travel, cash back and roadside assistance.
- Capital One Cash Rewards for Newcomers – This card helps anyone new to the U.S. establish credit and earn cash back in the process.
- Capital One Platinum Credit Card – There is no first-year annual fee. Personalize your image and get spending notifications through text alerts.
- Prepaid Visa Pink Diamond RushCard – Guaranteed approval and free direct deposit. Use the card to pay bills, rent or write personal checks. Transfer money to other cards.
- Capital One Cash Rewards Average Credit – Cardholders receive a 50% bonus on cash back earned every year. Cash rewards never expire.
- Capital One Secured Master Card – No application or processing fess required and offers a credit line up to $3000. This is card is accepted a millions of locations around the world. Card holders can also track their own purchases.
- Orchard Bank Visa – Accepted a millions of locations worldwide and reports to three major credit bureaus. Check your account information with ease and get reminded of payments by text messages.
- Prepaid Visa Black Diamond Rush Card – Guaranteed approval with no credit check. Utilize free deposit and change your fee plan whenever it suits you. Card owners can pay bills and write personal checks. It also offers card-to-card balance transfers.
- Prepaid Visa Purple Diamond Rush Card – No credit checks required. Applicants are 100% guaranteed approval. Cardholders can change plans whenever the need arises and there’s no fee charged on direct deposits. Use the card to make purchases and pay bills. It also comes with a free prescription card.
First time credit cardholders should make every attempt to use their card wisely. Why? Because they may have their credit card for years and every purchase and payment is recorded on their credit report and will remain there for many years.
Credit scores are checked on everything, from buying a home or renting an apartment, to everyday purchases and applying for a job. Remember to spend wisely if you’ve been approved for your first credit card. Credit penalties could affect your life for years to come.
How to get personal loans with bad credit
How to get personal loans for people with bad credit
With the economy still struggling and unemployment rates fluctuating, it’s one of the worst times in history for someone with bad credit to try to get a loan of any sort. Yet, life still goes on and needs arise. If you already have bad credit, it’s never too late to start working on improving your credit rating and one effective way is to build credit on credit cards. Using credit cards for purchases and then paying the monthly payments on time or even paying them off every two months or so will work towards improving your overall credit score. A key to this is not to max-out the credit card or cards, though, as running the balance up to the hilt is just as much of a red flag as is non-payment. Sensibly handling your credit cards will show potential lenders that although you may have had an unfortunate set-back in the past, your current credit record is one of responsibly managing your debt.
Many times it is just as difficult to obtain a credit card as it is a loan when you have bad credit. There are a number of companies now who specialize in guaranteed credit cards for people with bad credit. These companies vary in how they structure their offers. Some are considered “secured” and may operate more like debit cards, having you make a deposit equal to your “limit” and then, although you have money backing your purchases, you will still make monthly payments that will build your original deposit back up. Others are more traditional, being unsecured and not requiring a deposit, but they will charge an inflated interest rate, well above the current going rate for a typical credit card.
It is easy enough to find guaranteed credit cards for people with bad credit. Email inboxes are flooded with offers almost every day of credit cards that are assured approval. You can also use the internet to search several sites that will match a credit card and its benefits and features with your credit situation. Simply fill out a short questionnaire and these sites will present you with several choices of credit cards, secured cards, and pre-paid cards. You just review the aspects of each of them and select the one that is right for you. Most times you can get an approval within minutes when you apply for a credit card using one of these sites and be on your way to re-building your credit within days.
While attempting to build credit on credit cards using guaranteed and/or secured cards is one way to go, there are also more loan agencies now than ever before that will loan to someone with bad credit. Recognizing the difficult situation that a large number of people are in, banks and credit unions are even offering “bad-credit” loans in some circumstances. It is always worth a try to contact the bank you do business with first to see what they might be able to offer by way of a loan. These types of institutions might require collateral to secure your loan, but it will at least provide an opportunity to work on your credit score. The most common types of loans that banks and credit unions offer customers with less than perfect credit are home equity lines of credit and title loans on vehicles. This gives them something tangible to fix the loan to in the event of non-payment. Aside from typical financial institutions, there are many other agencies that can be found online and locally, as well, that are willing to loan to those with bad credit. As with the credit cards, you should expect higher interest rates for lower credit scores but that may be a small price to pay to improve your credit rating.
Can I keep my car if I file chapter 7 bankruptcy
Facing the possibility of bankruptcy is a difficult time for most people. One of the biggest questions people have when contemplating filing bankruptcy is if they can keep their assets. Different kinds of bankruptcy have different benefits and drawbacks when it comes to the debtor. One of the major advantages of filing Chapter 7 Bankruptcy is that it allows you to keep various assets that would other wise be surrendered when trying to pay off debts and filing bankruptcy. Cars and homes are two of the biggest assets that most people have.
One of them most commonly asked questions people have when facing bankruptcy is “Can I keep my vehicle if I file bankruptcy?” Under chapter 7 bankruptcy, the answer is yes in most cases. Chapter 7 bankruptcy allows that as long as the vehicle is owned by the person filing bankruptcy and is worth less than the maximum allowable value for exemption amount of the state that the person is filing bankruptcy in. Different states have different exemption laws, so it is important to find out what the laws are in your state before filling bankruptcy.
The answer becomes more complicated if you do not own the vehicle you wish to keep, either because you are still making payments on it, or because it is a leased vehicle. Laws very from state to state, but, in most cases, if the payments are current than you will be able to keep the vehicle. If you are leasing the vehicle you usually have the option of breaking your lease agreement without occurring any penalties and returning the vehicle or keeping the vehicle under the current terms.
Where your options under Chapter 7 bankruptcy law become complicated is when you are making payments on vehicle you plan to own in the future. Most states give you several options. You can keep the terms of the loan as they are, without making any changes, you can renegotiate the loan or resign the loan under what is called a reaffirmation agreement, or you can agree to pay the lender a lump sum more or less equal to the vehicles current worth, under what is known as a redemption payment. Each state has different policies, so you need to make sure that you understand the law in your state.
In any case the first thing you should do is call you lender and inform them that you are planing on filing on bankruptcy, but wish to keep your vehicle. Your lender may have certain policies for dealing with bankruptcies, and it is important to understand all of your options before proceeding.
Because the law is complicated, it is very important to consult a bankruptcy lawyer when filling for bankruptcy. Your lawyer will have more specific information concerning your case, and will able to provide you with a more specific answer about which assets you will be able to keep, and what you will have to do in order to be able to keep them.
Uncontested divorce with children
Deciding to end a divorce is just as important has deciding to get married, and neither choice should be entered into likely. While no one wants to get a divorce the inevitable is bound to happen. The quickest way to recover is to accept what is about to happen and move on. However, this theory may be a little difficult to do when children are involved. The most important factor to consider in an uncontested divorce is the children and what effect a divorce will have on their well being. They too must learn to accept and cope with a one parent home. However, there are some steps that parents can take to help make the process easier.
An uncontested divorce can work to the advantage of most couples where children are involved. They have the freedom to sat down and come to an agreement on issues that will ultimately impact their present and future well being. The court may recommend that the children involved participate in my parent is getting a divorce class. This will help them realize that they are not the blame for the separation, and they still have both parents, but in separate homes.
Separate homes usually mean custody issues. Both parents will more than likely share custody, and in some cases only one parent is given full custody of the children. If this is the case the other parent is required to pay child support. This amount can be reached outside of the courtroom by both parties or inside the courtroom by a judge. High debt and uncontested divorce is a workable plan that can work in the best interest of the entire family. If high debts need to be resolved, work out a payment plan with the creditor. Agree to pay a reasonable amount in child support. If the court insists on insuring the children, placing them on the job’s insurance plans are a lot cheaper.
Sell off as much property as necessary; if it is of no use to neither party, take the money and pay off debts that could affect both parties in the near ahead. Eliminating financial debt before getting an uncontested divorce means that children can look forward to financial support in a timely manner and both parties are practically debt free. Most couples will have already worked this part out before they enter the courtroom and ask for an uncontested divorce with children.
How much would an uncontested divorce cost?
There can be a large variance in the cost of an uncontested divorce. Attorneys are known to advertise anywhere from $90 to $1000. Generally the lower rates are for a very specific uncomplicated case and will go up in large increments if children or other complications arise. Getting an attorney that offers a flat fee for uncontested divorce is your best bet. The court fees for filing your divorce will vary from state to state. It is generally around $250.00 to file for a divorce with the court. You will need to check with your local courthouse for exact filing fees in your area. If uncontested divorce is at all possible it is in the best interest of everyone involved and in the long run will save you a bundle of money.
What property can I keep after a chapter 7 bankruptcy?
Deciding to file for bankruptcy is a difficult decision that most people try and avoid if at all possible, especially since filing stays on one’s credit report for 10 years. But for many circumstances force their hands and bankruptcy becomes inevitible. Under Chapter 13 Bankruptcy, debtors pay back debts over an extended period of time, but when that isn’t possible some will file for Chapter 7 Bankruptcy which will cancel many of their debts.
However, just because someone has filed a Chapter 7 Bankruptcy doesn’t mean they can live in luxury. Filing a Chapter 7 Bankruptcy is a humbling experience, one that requires many to scale back to the necessities, take inventory of their possesions and prioritize their lives. Excessive posessions will be liquidated in order to pay creditors at least a portion of what is owed.
But of course, no one expects people to live with absolutely nothing. For this reason there are limits on what property one is allowed to keep. Many people find these limits quite reasonable, and well worth the peace of mind that comes from no more collection calls.
Exact values of what is allowed can vary somewhat depending on what state a Chapter 7 Bankruptcy is filed in.
- The first thing you get to keep is $20,200 of value in your residence. This means those with a large amount of equity in a home, may need to refinance to pay off some bills before being condisered. However, for those who rent, this should not be a factor.
- You are also allowed to keep your vehicle valued up to $3225. This is the Market Value, minus any loans against it. Household items values at up to $10,775 are also considered exempt, except no individual item can be valued at more than $525. Jewlery and heirlooms up to $1225 may be kept. Tools of the trade, valued to $1850 may be kept, this includes anything which is deemed necessary to earn one’s livelihood.
- You may also continue to receive a reasonable amount of alimony or child support, and public benefits, such as unemployment, worker’s compensation, Veteran’s benefits or social security are also safe. Retirement accounts, such as 401Ks, should also be left in tact.
- In addition to liquidating assets down to these levels, filers of Chapter 7 backruptcy must also meet median income guidelines, and complete credit counseling before filing.