A Sure-Fire Way to Spot a Sub-Prime Credit Card

There are good Credit Cards in the financial markets. There are also evil Credit Cards lurking and waiting to attack. Today, Debt Warriors give you a sure-fire way to spot a good Card, and avoid Sub-Prime Credit Cards.

Primary (Prime) Credit Cards, have interest rates under 12%.  Primary Cards offer good service and great lending experiences.

Primary Credit Cards Include:

•American Express
•Credit Unions
•Discover (direct)
•Master Card (direct)
•Visa (direct)

*Brief Note: “Direct” means directly from the Credit Card Company.

Sub-Prime Credit Cards Include:

•All Store Cards
•All Bank Cards
•All High Interest Cards
•All Secured Cards

Sub-Prime (Secondary) Credit Cards have high introductory interest rates. Often ranging from 18 – 29.99% .

Many Secondary Credit Cards say in writing, that interest rates on that card will never go lower than the introductory rate. So, if you start with 24.95% interest on a Sub-Prime Credit Card – be warned,  the rate will never be lowered.

Don’t be tricked into staying in a Secondary Credit Card. Read the fine print. Or call the Debt Warriors Help-Line, and we can tell you if you Credit Card is Prime or Sub-Prime.

If you need help getting out of a Sub-Prime Credit Card, feel free to call the Debt Warriors Help-Line. We may be able to help you get into a “Prime” Credit Card.

Call toll-free: 866-576-4996

3 Credit Card Debt Relief Qualifications Every Consumer Should Know

Believe it or not, some  Credit Card Debt Relief Programs don’t damage Credit Scores. But you should know, that you only get one shot. There are qualifications and formulas that every consumer should know – before contacting the Credit Card Company seeking Debt Relief.

There are many paths to getting off the Battlefield of Credit Card Debt. And choosing the right Credit Card Debt Relief Program is just as important as your decision to get out of Debt. If you want to get out of Debt Without hurting your Credit Report, you must understand what may qualify (or disqualify) you for Debt Relief without damaging your Credit Score.

Not all Credit Card Companies are bad.

There are some bad Credit Card Companies out there. Some of Credit Card Companies are willing to work directly with you (the Credit Card Holder). In fact, Credit Card Companies prefer working directly with the Credit Card Holder. But that doesn’t mean that you can expect the best deal without first being mentally and financially qualified.

Why You may Be Denied Credit Card Debt Relief

Have your interest rates been raised, out of proportion? It’s probably because your Credit Card Account has been subject to a ‘Change in Terms’. You are not alone. Millions of American Card Holders are in your situation.

J.D. was  about to ‘Revolt’ against her Credit Card Company. She said, “they (the Credit Card Company), got bailed out but they still wouldn’t help me when I called”. J.D. continued, “they offered me a phone number for a Debt Management Program – I was insulted“.  J.D. was furious with her Credit Card Company.  Her rage was useless. J.D.s Credit Card Company would never help her without Debt Warriors Training.

That’s because J.D. didn’t know the insider jargon that Credit Card Companies use. But in under one half  hour, Debt Warriors cut J.D.s Interest Rate by over half! Her payments are now manageable.  J.D. feels relieved. Debt Warriors trained J.D. to mentally and financially qualify for a special Debt Relief Program that her Credit Card offered.

Are you qualified for Credit Card Debt Relief Programs?

Credit Card Program Qualifications depend on 3 major factors:

1. Credit Score
2. Debt to income ratio
3. The Credit Card
   

1. Credit Score

In J.Ds’ case, she had never missed a payment, so her Credit was excellent. The problem, was  she had over 16,000 in Credit Card Debt. Her monthly payments were in the $600 range. She couldn’t get approved for a Balance Transfer into a Low Rate Credit Card.

2. Debt to Income Ratio or “D.T.I.R.”

J.D. had an issue with her Debt to Income Ratio. Your D.T.I.R. can disqualify you for the kinds of Credit Card Debt Relief Programs that won’t hurt your Credit Score. If you don’t know the Credit Card Companies formulas, you could be denied relief.  The qualifying criteria is different for each Credit Card Company.  But a good start is knowing your Debt to Income Ratio.

3. The Credit Card.

Many Credit Card Holders face rejection for special Credit Card Debt Relief programs. Many Credit Cards don’t offer any help. For example, Retail Credit Cards will never lower the Interest Rate. Retail Credit Cards are any Store Cards. Home Depot, Khol’s, and any Gas Station issued Credit Cards are Retail Credit Cards. Good luck with getting any Retail Credit Card to give you any Debt Relief.

To review, Three Qualifications to Consider before seeking Credit Card Debt Relief are:

1. Credit Score
2. Debt to income ratio
3. The Credit Card

The Credit Card Medic Video Course Qualifies Consumers for Credit Card Debt Relief Programs

Credit Counseling and Debt Management Programs hurt your Credit Score. That’s because they require Credit Card Holders to work with a Third-Party Credit or Debt Counselor. All Credit and Debt Counseling Companies do for you is use the insider jargon and Debt Relief Formulas that qualify Consumers.

What if you had this information to use for yourself?

The Credit Card Medic Video Course trains you to become qualified for Credit Card Debt Relief Programs that won’t damage your Credit Score. As a Credit Card Holder you only have one shot at getting approved or denied. Don’t make the mistake of contacting your Credit Card Company asking for help. At least not until you make sure you’re qualified.

Call the Debt Warriors Help-Line Toll Free: 866-576-4996.

Call today, for a no cost, no obligation review of your Credit Card Account. We can tell you if you qualify in under five minutes. Save time, money and rejection by calling Debt Warriors before you call your Credit Card Company.

Credit Cards: 3 Low Rate Balance Transfer Mistakes To Avoid

3 Balance Transfer Mistakes to Avoid

Are you considering a Balance Transfer to a lower Rate Credit Card? If so, there are some mistakes you should avoid making.

1. Don’t Ignore what the Rate rises to after the low Rate expires.

There are a lot of low Rate  offers out there. Right now, many low Rate offers last from 6 to 12 months. What will the Rate go to after the low offer ends?  That’s the question that you should find out before applying for the new Credit Card.

2. Not knowing what will cause the Low Rate to default.

Having a Low Rate  Credit Card can end quickly if;  you miss a payment, go over your Credit Limit, or  are subject to a “Change in Terms”.  Although you can’t control a Change in Terms, you can make sure that you pay your Credit Card bill on time.

Also never transfer more money to your new Credit Card than your Credit Limit allows. So, what percentage should you use? Debt Warriors give you that secret (and many more)  in the Credit Card Medic Video Course.

3. Don’t close the old Credit Card.

Closing a Credit Card is like burning the bridge to financial freedom. It is a fact that closing a Credit Card hurts your Credit Score. Don’t get so outraged that you make the mistake of closing the old Credit Card after the Balance Transfer. You may need to use that extra Credit Availability on the old Card.

For example; let’s say you signed up for a 0% card and the rate expired 6 months later. The rate is now 16.24. You could try to transfer that balance back into the old Credit Card, but you’ve closed it you’ll be stuck and at the mercy of the new Credit Card Terms.

Again, closing the old Credit Card is a mistake.

Learn in more detail how you can avoid these top 3 Credit Card Balance Transfer Mistakes, and many more by ordering the Credit Card Medic video Course.  Discover how to successfully transfer your Credit Card Balance to the best Rate with confidence 🙂 Click here to learn more (or order) Credit Card Medic.