Carnival of Credit Score and Debt – 2nd Edition

Welcome to the 2nd Edition of the Carnival of Credit Score and Debt – Military Edition, February 7, 2011.

Editor’s Choice

The Distinguished Service Cross is the second highest award for valor in the United States military behind the Medal of Honor. The medal was established by President Woodrow Wilson in January, 1918 at the recommendation of General Pershing who saw a need to recognize valor that was not quite enough for the awarding of the Medal of Honor. Craig/FFB presents Freeze Your Credit To Protect Your Identity posted at Free From Broke, saying, “Freezing your credit can help prevent identity fraud. It’s an easy process and can protect your credit score. See how.” Michael Pruser presents How to Raise Your FICO Score When All Else Fails posted at The Dough Roller, saying, “Make sure you take care of the most important 3 digit number you’ll ever know.” Ryan @ CML presents Free Credit Score When Your Credit Application is Declined posted at Cash Money Life, saying, “Lenders wil soon be required to provide you with a free opy of your credit score if they decline your credit application. This can help you learn more about your credit score and find ways to improve it.” Silicon Valley Blogger presents Personal Loan Interest Rates from Lending Club posted at The Digerati Life, saying, “Check out lower rates at a peer to peer lender. P2P lending offers lower rates than what you’ll find at traditional banks.”

Credit Cards

The Silver Star is the third highest military decoration that can be awarded to a member of any branch of the United States Armed Forces for valor in combat. The Silver Star is the successor to the Citation Star which was established by an Act of Congress in July, 1918. Today, there are estimates that over 100,000 servicemembers have received the medal for heroism. CreditCardGuru presents Best Credit Building Credit Cards? posted at credit card forum [the blog], saying, “A look at the best credit cards for building credit, depending on your circumstances.” Jeffrey Weber presents February 2011 Balance Transfer Credit Card Report posted at Smart Balance Transfers, saying, “Our monthly overview of average rates and fees major credit card companies are charging on balance transfers.” CreditShout Kevin presents Citi Forward® Card Review posted at CreditShout. PT presents The Best Travel Rewards Credit Cards posted at Prime Time Money, saying, “PT Money walks you through which credit cards offer the best travel rewards.”

Debt

The Bronze Star Medal which is often referred to by members of the military simply as the BSM is a medal that can be awarded for acts of bravery or meritorious service. When awarded for bravery, it is the fourth highest combat award and is distinguished by a metal “V” device on the award itself. Fanny Seto presents 3 Tips For Improving Your Credit Score posted at Living Richly on a Budget, saying, “Here are 3 little known tips on how to improve your credit score.” Judith Leeson presents Lending Money to Friends? Here’s what you should know! posted at Law Degree. MoneyThinking presents Differentiating Loans posted at Money Thinking. Robert Alan presents All-In-One Guide To Seriously Reducing Your Debt posted at Credit Card Assist, saying, “A comprehensive, all-in-one step by step guide to seriously reducing your debt.” MoneyNing presents What Would You Do with a Million Dollars? posted at Money Ning, saying, “I know what I would do with a million dollars. How about you?” Steve presents Dealing with IRS Tax Debt | 2008 Taxes posted at 2008 Taxes, saying, “Handling tax debt is somewhat different than working with kinds of debt that you may have.” Ryan Hudson presents 10 Terrific Tips to Help You Stay Out of Credit Card Debt posted at Best Credit Cards IQ, saying, “We see tips all the time to help you get rid of debt, but how about a few tips to keep you out of debt!” passive family income presents Small Debts Grow Large with Compound Interest posted at Passive Family Income, saying, “Compound Interest is not a term that’s used in every day conversation; however, if you work for a corporation that offers a 401(k) or a 403(b), then it’s very likely that you’ve been taught the fundamentals.” Michael presents 3 Aspects of Your Finances You Can Control posted at Consumerism Commentary, saying, “Sometimes, bad luck happens try to control as much as of your finances as possible.” Judy Blackburn presents Eliminating Debt: Understanding Your Options posted at Debt Consolidation, saying, “Eliminating debt requires sacrifice and hard work but can be accomplished.” David presents Tips To Getting Back On Track When In Credit Card Debt posted at Credit Card Offers IQ, saying, “Tips to getting back on track.” Robert Moore presents Best Use of the Tax Refund posted at 2011 Tax, saying, “Paying off debt with your tax refund is a very good ideal this spring.” Jim Yih presents Is record debt levels such a bad thing? | Retire Happy Blog posted at Retire Happy Blog, saying, “Debt is not a bad thing if used and managed correctly. For example, a mortgage to buy a house is financial leverage and the debt is used to buy an appreciating asset.” Moneywalks presents Avoid Debt Elimination Scams posted at moneywalks.

Mortgages

The Purple Heart is awarded to members of the military who have been wounded or killed in combat. The original Purple Heart was designated as the Badge of Military Merit, and it was established by George Washington when he was the commander-in-chief of the Continental Army in August, 1782. Ken presents The Home Mortgage Interest Deduction posted at Spruce Up Your Finances, saying, “Discusses the rules and limitations on deducting home mortgage interest which includes the first and second mortgages, home equity loans, points on refinancing, and mortgage insurance premium.”

Personal Loans

Sun presents How To Determine Which Loan Is Right For You posted at The Sun’s Financial Diary.

Student Loans

Robert @ The College Investor presents What is Student Loan Deferment and How It Can Help You posted at The College Investor, saying, “I look at Student Loan Deferment and how it can be helpful!” LaTisha D Styles presents Debt: The Elephant in the Room posted at Financial Success for Young Adults. That concludes this edition of the blog carnival. Be sure to submit an article to the next edition of Carnival of Credit Score and Debt through our carnival submission form. Past posts and future hosts can be found on the Carnival of Credit Scores and Debt homepage.