Found this on Yahoo Finance

[agabby]

Hello.. I found this article on Yahoo Finance and just seeking some feedback from anyone who might be familiar with the site removedbyadmin.com Also some guidance from those with more wisdom about using to build credit?

 

Thanks

Abril

[cashnocredit]

Their site says "your application will be approved" no matter how bad your credit. This is one of the flags of a scam. It may be appealing but think about it for a minute. How can any lender say that? Even the mob won't approve some people and they have exceptionally effective collection techniques.

[agabby]

cashnocredit yes I thought about your response as well.. but maybe this is where I get a little caught off guard because the article comes from Yahoo Finance which I consider a fairly reputable news source.. I don't believe this is in the form of an ad, which is what I was looking for as well. But, as I rebuild my credit after BK I read from some where else on the board to beware of high interest rate personal and car loans even when rebuilding. Thanks for the input.

Abril

[breeze]

Get your info here. It's good advice, free, and tailored to your situation. Please don't link to those ads and messages, any uninformed person may jump to the conclusion that it's a good idea, just like you did because it's on yahoo answers. Anyone can post there, they do not have to be an expert or qualified, and they are often taking advantage of the unsophisticated who believe they cannot get credit after bk discharge.

 

Look in our bk forum for a list of companies that are bk friendly, and how to get started without putting out a lot of money.

[cashnocredit]

cashnocredit yes I thought about your response as well.. but maybe this is where I get a little caught off guard because the article comes from Yahoo Finance which I consider a fairly reputable news source.. I don't believe this is in the form of an ad, which is what I was looking for as well. But, as I rebuild my credit after BK I read from some where else on the board to beware of high interest rate personal and car loans even when rebuilding. Thanks for the input.

Abril

Yahoo finance, like lots of what passes for "news" these days often just parrots a press release. It's too bad, but increasingly common that junk gets reported as news.

[ericgunit]

Get your info here. It's good advice, free, and tailored to your situation. Please don't link to those ads and messages, any uninformed person may jump to the conclusion that it's a good idea, just like you did because it's on yahoo answers. Anyone can post there, they do not have to be an expert or qualified, and they are often taking advantage of the unsophisticated who believe they cannot get credit after bk discharge.

 

Look in our bk forum for a list of companies that are bk friendly, and how to get started without putting out a lot of money.

My favorite forum

 

http://creditboards.com/forums/index.php?showtopic=72699&&page=206

 

Tons of very useful post BK information. Very large thread. I would start at around page 170-180 (currently at 206). Take your time and ask questions.

[cv91915]

The interwebs are full of pitfalls and snake oil. Beware.

[CG in TX]

Even the mob won't approve some people and they have exceptionally effective collection techniques.

:rofl:

[JunkBuyersWorstNightmare]

 

cashnocredit yes I thought about your response as well.. but maybe this is where I get a little caught off guard because the article comes from Yahoo Finance which I consider a fairly reputable news source.. I don't believe this is in the form of an ad, which is what I was looking for as well. But, as I rebuild my credit after BK I read from some where else on the board to beware of high interest rate personal and car loans even when rebuilding. Thanks for the input.

Abril

Yahoo finance, like lots of what passes for "news" these days often just parrots a press release. It's too bad, but increasingly common that junk gets reported as news.