Simply Credit Help – Debt and Bad Credit Improvement Advice


Debt Settlement – The Positive Side

Debt Settlement – The Positive Side

Bad liability is a problem faced by people all over the world. If these liabilities are not handled in a proper manner, legal charges can be brought against you. Some financial companies will help you to find a solution to these problems through debt settlement. . Debt settlement is the process where you agree to […]


Bad Credit Cards and Their Usefulness

Bad Credit Cards and Their Usefulness

If you have poor credit history, then you have no choice but to resort to a Bad credit card. Unfortunately this is a, minefield in terms of financial safety, to get into. Bad credit card companies are notorious for their high and quite often unfair interest rates. They have very low standards when it comes […]


The Different Types of Bankruptcy

The Different Types of Bankruptcy

Debt is an unfortunate facet of life that some people have to face. Sometimes it becomes impossible for a borrower to pay off the debts that are owed. To protect the individual or the company to a certain extent, the government has made available bankruptcy proceeding that they can resort to. This helps them avoid […]




Your credit score

Your three digit credit score will determine how much a lender is willing to loan you and at what rate. The higher the score, the lower the rate a lender will charge you for your car loan, insurance premium, revolving credit such as credit cards and your mortgage. There are three major credit bureaus that […]


Impact of a loan default on your FICO score

If you are considering defaulting on your mortgage, consider the impact of such an action on your FICO score. We looked into the impact of this action on FICO score and here’s what we learned. FICO (Fair Isaac Corporation) score is the well-known and widely used credit score in the U.S. FICO score is based […]


What to do if your credit or debit card security has been breached

The Atlanta based Global Payments, a credit and debit card processor recently revealed that up to 1.5 million accounts in North America have been hacked. Master Card issued a statement asking card holders to contact their financial institution if they have any concerns and Visa said their cards are not impacted by the hacking. Here’s […]


Differences Between Loan Defaulting, Insolvency and Bankruptcy

By Phin Upham When someone is unable or unwilling to repay their loan, the courts may step in to enforce some form of repayment. A loan is a legal contract between two parties. It outlines the responsibilities that the borrower has to repay his loan, including the interest rate that the lender is allowed to […]


Importance of a lower debt-to-credit ratio

Lowering your debt-to-credit ratio will help when it comes to opening new credit lines, paying off your debt and your quest to become debt free. Debt- to-credit ratio is derived by calculating how much you owe and your total available credit limits. For example, if your credit limit total $10,000 and you owe $3,000, your […]


Phin Upham speaks at Global Conference about The Future of FinTech

By Phin Upham Phin Upham was joined by a panel of financial experts from various capital groups and banks to discuss the future of financial tech. The current climate isn’t sustainable. Big banks are servicing the equivalent of 40-60% of the population, which ignores a large chunk of people that could potentially join the middle […]


Safer ways to use a credit card

Credit card data breaches are reported almost every day and more specifically we have experienced increased activity within the last year. As a result more card issuers, banks and others are looking to improve card safety and we as consumers can also take several steps to protect ourselves. Europeans have been using chip imbedded credit […]


Ways to discharge your student loan rather than defaulting

Written by: Financial Haze According to data from the Federal Reserve Bank of New York, the student loan debt now stands at $1.6 trillion. More and more students are getting into student loan debt and that represent more than $77 billion over the last year. One phenomenon that the bank has observed is the delinquency […]




Crystal Pepsi: the ‘clear’ 90s hit makes a return

The company is officially bringing back Crystal Pepsi, a clear cola drink that was hugely popular for a brief period during the early 1990s. PepsiCo Inc said on Wednesday said it would sell Crystal Pepsi this year for a Excerpt from:  Crystal Pepsi: the ‘clear’ 90s hit makes a return  Read More →


GE’s finance unit sheds its ‘too big to fail’ designation

The move by the Financial Stability Oversight Council was the first time a non-banking firm has been freed from the designation, a product of the financial crash that can trigger stricter oversight and requirements to hold more capital. It was a big victory for GE … See original here: GE’s finance unit sheds its ‘too big to fail’ designation  Read More →


Deutsche, Santander fail U.S. stress test; Morgan Stanley gets second chance

By David Henry and Patrick Rucker NEW YORK/WASHINGTON (Reuters) – U.S. bank subsidiaries of Deutsche Bank AG and Banco Santander SA yet again failed the Federal Reserve's stress test on Wednesday due to “broad and substantial Go here to read the rest: Deutsche, Santander fail U.S. stress test; Morgan Stanley gets second chance  Read More →


EU tells UK single market access requires full free movement

LONDON/BRUSSELS (Reuters) – European Union leaders met for the first time without Britain on Wednesday less than a week after it voted to leave, delivering a tough message that London can access the bloc's lucrative single market only if it agrees to allow free movement for EU workers. Last week's shock referendum vote to leave the EU has caused global financial market turmoil, sent... [Read more]


North American leaders vow to boost trade despite threats

By Roberta Rampton and David Ljunggren OTTAWA (Reuters) – Canada, the United States and Mexico on Wednesday vowed to deepen their economic ties, pushing back against anti-free-trade sentiment that has shifted political debate in the United States and Europe. The three nations are member of the North American Free Trade Agreement (NAFTA), which U.S. Republican presidential candidate Donald Trump... [Read more]