Emporium Black: The Best Luxury Shopping Site

It’s not often that we see a truly unique idea when it comes to catalog credit cards, but Emporium Black offers a great alternative to the more traditional online catalog shopping sites and they’ve also got some of the best products, too! 

Rather than the traditional catalog shopping sites’ style of having you purchase items at competitive prices and then make regular monthly payments (including interest), Emporium Black offers what I call a “Rent to Own” format that offers customers the option to make monthly payments or pay only the cash price if you pay the item off within 60 days.  And the best part?  You can get true luxury items on a “Rent to Own” basis through the Emporium website!  From brand name furniture and appliances to the latest, greatest gaming systems to fine jewelry, Emporium is THE luxury catalog shopping site on the internet.

Here are just a few of the benefits of opening an Emporium account today:

Brand Name Products: Emporium offers over 100,000 high quality products in a number of categories, ranging from electronics to home furnishings to clothing and accessories.

Affordable Monthly Payments: When you buy something from Emporium, you’ll know up front what the monthly payment will be, and the date when it will be deducted from your checking account.

  • Your purchases up to $1,499, 90 Days Same as Cash. (95 Days for California Residents.)
  • Your purchases between $1,500 to $2,499, 6 Months Same as Cash.
  • Your purchases over $2,500, 12 Months Same as Cash.Early Payoff Discount: Emporium offers you the option to pay the cash price if your order is paid as shown:
  • After the periods shown, simply pay 50% of your remaining balance.

No Interest: Unlike other catalog shopping sites, there are no accumulating interest charges, your payment is set at the time of purchase.

No Fees: There are no fees of any kind associated with an Emporium account.

Easy Approval, Even for Less than Perfect Credit: Qualify in less than 60 seconds, even if your credit is less than perfect.

Get a Fresh Start on Your Credit:  Emporium is a great way to build or rebuild your credit simply by making payments on time.

No Long-Term Contract: You can return your product at any time after initial term or own your product after completion of your lease.  (The initial term is usually two months, although a couple of states have different requirements.)

What does it take to qualify for an Emporium account?

Emporium is actually designed for those with less than perfect credit, those who have little or no credit history, and those who typically do “rent to own” on a regular basis, and as such, it’s relatively easy to qualify for an account.  Here are the basic requirements:

  • Must have a verifiable monthly income of at least $1,500.
  • Must have an active checking account
  • Must be employed or receive retirement/pension or SSI/disability income
  • Must provide proof that you are 18 years of age or older

Once you’ve filled out the easy online application, Emporium will do a soft credit inquiry, which means you won’t have to worry about the it affecting your credit report, and you’ll have an answer within about a minute.  Spending limits with Emporium range from $300 all the way up to $5,000, depending on individual qualifications.  Once you’ve been approved, you simply place your order and it will ship immediately, usually arriving at your door within 5-7 days!  It really is that easy with Emporium.

So, if you’re looking for something a little different than your typical catalog shopping site, take a look at Emporium.  You won’t be disappointed!

 

The Best Catalog Card to Rebuild Credit

When it comes to catalog sales, Fingerhut is probably the single most recognizable catalog retailer in the world! Who hasn’t gotten half a dozen of their catalogs this year alone? But, I’ll bet you didn’t know that Fingerhut is also one of the best sources of credit for those with less than perfect credit? It’s true!

Fingerhut is one of the few companies that will actually give you the opportunity to get a fresh start on your credit. And, even though it’s mentioned in their offer that a Fingerhut account will actually help you to build your credit, bet you don’t know how having a Fingerhut account actually works to help you rebuild your credit, do you?

Now, let’s talk about the benefits to you – here are the top five!

  1. Fingerhut regularly reports the status of your account to at least one of the three major credit bureaus.  This report includes the total balance due on your account and whether or not your payments are made in a timely manner, both of which are used in calculating your credit score!  (Making your payments on time, every time, typically improves your credit score!)
  2. Fingerhut reviews your account on a regular basis to see if you are making your payments in a timely manner, how much you’ve paid, etc., and if your account is in good standing, they may offer you a credit line increase of a couple hundred to even several hundred dollars!  That’s right, it’s been my experience that Fingerhut will significantly raise your credit limit the more that you use the account to purchase items and as long as you make regular, timely payments.  (And that significant credit limit can also significantly improve your credit score!)
  3. Fingerhut offers an interest rate on purchases that is often equal to, or even lower than, other store/catalog sites and even many credit cards.  Especially if your credit is less than perfect, you are likely paying as much as 33% and even as high as 39% interest on some credit cards – a typical Fingerhut account will be in the mid to slightly up 20’s when it comes to your interest rate.
  4. Fingerhut does not charge a monthly or even an annual fee simply for having an account through WebBank.  Compare this with other store/catalog sites and most credit cards and you’ll see just what a benefit this is!
  5. While most people qualify right away for a Fingerhut account, in the event that you don’t qualify for a revolving charge account, Fingerhut offers a special FreshStart program where you place an order, make an initial $30.00 down payment, and they will allow you to make payments on the rest of your order.  Once it’s paid off, you account will typically be converted to a revolving charge – that’s definitely a win/win situation!

And finally, what’s the best reason to open a Fingerhut Credit Account issued by WebBank ?

PURCHASING POWER!  Think about all of the times that you might need credit… Christmas, birthdays, graduation, the start of a new school year, moving to a new home or apartment… the list goes on and on.  Too many times, people who have suffered through a bankruptcy, divorce, job loss, or other economic setback find that they can’t buy anything unless they have the cash to pay for it up front, and as much as we’d like to, we can’t always do that.  With a Fingerhut Credit Account issued by WebBank , you’re able to purchase the things you want or need when you need them the most.  (And the best part is, you’ll be improving your credit when you do.)

Best Ways to Improve Your Credit Score

Looking for the best ways to improve your credit score?

Less than perfect credit?  Maybe you missed a couple of payments?  Maybe you’ve had a bankruptcy?  A foreclosure? Lost your job, got a divorce, or worse? In this day and age, it’s easy to understand why anyone might need a quick way to improve their credit score… when I first started trying to improve my credit score, it was in the mid 400’s, and that is a very poor credit score.  In the beginning, it seems hopeless to even try… you’re afraid that you’ll never be able to climb out of the credit pit that you’ve fallen into, and it’s very tempting to just give up and accept the fact that your credit score will never be good enough to get those low interest rates… never be good enough to get that new car, never be good enough to own a home… never even be good enough to have a decent credit card with a limit more than just a couple hundred dollars… Sounds pretty familiar, doesn’t it?

All is not lost!  There are so many ways to raise your credit score!  Simply by choosing the right credit options and putting for a little effort, you can improve even the worst credit score in a reasonably short period of time.

How do you improve your credit score?

Basically, the best way to raise your credit score in the shortest amount of time is to focus solely on those areas where your credit score has taken the worst hits.  Not sure of where that is?

First and foremost, you should know your current credit score AND you should have a current, detailed credit report on hand to review in depth so that you can determine the best places to make improvements, the best places to correct missing or inaccurate information, and even those areas where you really can’t do much more than to wait for them to drop off your credit report (typically seven to ten years).

These days there are lots of credit websites that promise you access to your credit report for free, but before you sign up, make sure that it is a reputable site that not only gives you your current credit score and your full credit report, but also offers credit monitoring, fraud protection, etc., for an additional monthly fee.  Although you may not necessarily use it at first, at some point, I highly recommend that you consider signing up for credit monitoring AND actually learning to use all of the features available to you!  The monthly fee is typically less than $30.00 which might seem like a lot, but in the long run, that monthly fee is nothing when compared to the improvements that you can make simply by being able to see all of your credit information in one place whenever you want updated information.  (Those free places only allow you to see a small amount of information on a monthly or even quarterly basis, and that is not enough information if you’re really serious about improving your credit.)

Once you really start working on your credit score, you will find that you want to check all three credit bureaus regularly because your score can be very different at each one, and when you dispute something at one credit bureau, you will have to dispute it at all three because they don’t share much, if any, information!

Once you’ve signed up, and have had the opportunity to really study the detailed information that is available within your credit report, then you can begin to improve it, first by reporting any inaccuracies (disputing is easy – you just submit it online!), and then by working on two other key items:

  1. Available Credit
  2. Payment History

These two simple components of your credit score are also the two easiest components to improve and they’re also two of the most important factors in the calculation of your credit score, so let’s start with what you can do to improve them!

The best ways to improve your available credit and your payment history!

One of the absolute best ways to improve your available credit when you don’t have a lot of cash is to simply to pick the right credit source, apply for an unsecured credit card, and then keep the majority of your available credit balance open on the card.  What if you can’t qualify for any credit cards?  Will a single $300.00 available credit balance be enough to really improve your score?  That depends.  If you have no credit history, having an open $300.00 line of available credit will certainly help your score.  But, if you’re actually trying to improve on a bad credit score, there’s a better way.

“Store” or “catalog” credit cards are the easiest credit cards to get, especially if you have bad credit – and yes, before you ask, some of those credit “cards” are better than the others when it comes to improving your credit score.  (Not only has this been my personal experience, but that of millions of other Americans, as well.)  So, what’s our recommendation for the best store/catalog credit card?

Fingerhut is the best store/catalog account to use for improving your credit score!

That’s right, Fingerhut.com is the best store/catalog account to use when you’re trying to improve your credit.  Why do we recommend Fingerhut?  Well, lets start with the features Fingerhut say that you can expect when you open a Fingerhut account:

Find out instantly if you’re pre-approved with a Fingerhut Credit Account issued by WebBank .

  • Build your Credit with Fingerhut!
  • Shop Great Brands.
  • With a WebBank/FingerHut Credit Account, buy favorite brands with low payments.*
  • Apply for Fingerhut Credit today. Fill out our easy online application.

Now, here are the benefits that Fingerhut doesn’t tell you about:

  • Fingerhut regularly reports the status of your account to at least one of the three major credit bureaus.  This status includes not only the balance due on your account and if your payments are made in a timely manner, but they also report your available credit, and that’s what we’re trying to improve.
  • Fingerhut regularly reviews your account to see if you are making your payments in a timely manner, how much you’ve paid, etc., and if your account is in good standing, they may offer you a credit line increase of a couple hundred to even several hundred dollars!  That’s right, it’s been my experience that Fingerhut will significantly raise your credit limit the more that you use the account to purchase items and as long as you make regular, timely payments.  And that significant credit limit can also significantly improve your credit score!
  • Fingerhut offers an interest rate on purchases that is often equal to, or even lower than, other store/catalog sites and even many credit cards.  Especially if your credit is less than perfect, you are likely paying as much as 33% and even as high as 39% interest on some credit cards – a typical Fingerhut account will be in the mid to slightly up 20’s when it comes to your interest rate.
  • Fingerhut does not charge a monthly or even an annual fee simply for having an account through WebBank.  Compare this with other store/catalog sites and most credit cards and you’ll see just what a benefit this is!
  • Fingerhut offers brand name merchandise at reasonably competitive prices.  Yes, you may sometimes pay a little more than you would at your local big box or discount department store, but you will also find that you will oftentimes pay less than at other catalog/store sites, and even at some of your local retailers.  Ordering is fast, easy, and your order is shipped promptly… right to your door!
  • Check out Fingerhut now to see how fantastic their site really is!

Still think you can’t improve your credit score?  

It’s far easier to improve your credit score once you actually get started.  My low credit score kept me from so many things… but once I really started studying my credit report, once I removed the inaccuracies, and once I made a real effort to improve my score, it didn’t take near as much time as I thought it would… and improving my score not only helped me to purchase a new car at a low interest rate, but two years ago, I bought my first house!

What are you waiting for?  Get started today!

Best Credit Card Offers for Service Members

Looking for the best credit card offers for Service Members?

My sister is an Air Force wife, and she and her husband strive to save money every where they can, by shopping at the BX, saving money all year for vacations, cutting back on Christmas gifts, and using credit wisely.  Like most people, she shops around for the best offers on any loan they get (for a car, school, etc.), but she really pays attention to her credit card interest rates!

And that’s just one of the many reasons that they carry the USAA Cash Rewards Visa.

The USAA Cash Rewards Visa is just for U.S. military service members, honorably discharged veterans, and their eligible family members, and as such, there are benefits for service members that cannot be found anywhere else – great interest rates, cash rewards, and no extra fees!  (You can even transfer the balances from your other credit cards and save money!)

There is no better credit card offer available than this card!

So, if you’re a qualified military service member, you will definitely want to check out the USAA Cash Rewards Visa!