help encourage the women of God


help encourage the women of God

This group is to find a way to help and encourage all women of God with different issues. I wanted to do this research so that I can create a place where women and young women can go and get help. I am still in the process of researching women.

Members: 33
Latest Activity: Apr 18, 2013

Discussion Forum

A must read (the dangers of secured credit cards)

Started by Hardest Working Woman in Credit May 21, 2009. 0 Replies

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Comment by Hardest Working Woman in Credit on May 21, 2009 at 10:30pm
The dangers of a secured credit card

A secured credit card is used only for the purpose of rebuilding your credit. Most banks will charge you a start up fee for the card. This fee can range from $20.00 to $200.00.

The consumer is paying to have a credit card that will charge them interest on their own money. A secured card reports to your credit card just like a real credit card. In some cases it will show secured, but not often. This depends on the company that you get the card from.

My question to many consumer is why would you want to pay interest on your own money? This makes no sense at all. Also, why would you use a card that will lower your credit score when you use it? Most secured credit cards have a minimum deposit of $200.00 or $300.00 deposit. So, when you use more than half of the limit, your score will go down.

More dangers to beware of below:

The company will charge you a high interest rate.
The company will charge you a set up fee, just for the card.
The company will charge you a late fee on your own money if you don’t make the payment on time.
The company will report you late on your own money when you miss a payment on your money.

The only way a secured card will benefit you is when you do not use the card. Let the card work to your advantage. Let the bank pay you money on the secured card, so you gain money. If you are trying to REBUILD your credit this is an excellent way to rebuild your score and make money.

However, you want to use the card to your advantage and the intended purpose. My advice would be to use a secured card like a saving account. Dump any money on the card that you want to save for about a year or longer, just enough for you to rebuild your credit.

Next, pull all your money off the card and close the account (all at once). Remember, the key to credit is playing the credit game. If you do not know the rules, you will loose.

The real question with secured cards is “how much do you want to loose”? One year two years, three years, or forever. Remember, you will pay a yearly fee for that card. If your are paying $59.00 a year, that will cost you around $295.00 for five years.

Last, make sure you get a secured card that has a good interest rate, so you earn more money. Also, one that has a maximum high limit. For example, you can put up to $5,000.00 on some secure credit cards. Most cards have a set limit on how much you can put on the card. So get one that you will benefit from. More blogs like this at

Don’t miss out on important information, don’t ignore the signs, and come get blessed with free knowledge. .Outspoken Reality
Comment by Pastor .Val-Val on March 18, 2009 at 6:36am
Comment by Pastor .Val-Val on February 17, 2009 at 2:04am

The Chocolates may all be gone now, but show the rest of us just how sweet you can be this year.Smile.
Comment by Pastor .Val-Val on February 5, 2009 at 3:40am

WHAT WOULD YOU GIVE IN EXCHANGE FOR YOUR SOUL? Did you know that when you are in a battle you have little or no time to pray? Did you know that we as a human race should never go into battle without the Lord being approached? This includes all types of battles(military and civilian).
Did you know that when the test is hot that the Lord is furiously leading the battle to make you the victor?

Did you know that you should give God the glory all the day long-in action and in deed?

Did you know that the saying the idle mind is the devil's work shop is not in the Bible literally-but that God owns all rights to our thoughts even when their not on him?

Did you know that when the saints sing the song "All My Sins Are Under The Blood", this is to be taken literally? It means that when the Lord placed your sins in the sea of forgetfulness that he did not provide golashes and long rubber gloves to any human on this earth to dive under the blood and through the sea of forgetfulness to retrieve(pull) it out and use it against you? Satan is the accuser of the bretheren which includes the sisters too.

Did you know that the scripture that says "to him much is given, much is also required of that one" (paraphrased), means that whatever the Lord suffers to happen to you and whatever the Lord allows you to become privy of you and I have a heavenly responsibility to him to live in that knowledge? I know-I know-sometimes we'd like to play possum on the subject matter but our God is one whom gives day visions as well as night visions-so he's inside the possum with us at all times. Smile.
Comment by ANITRA A. TOWNS on January 3, 2009 at 9:18pm
Comment by Elder Michelle Fordyce on December 31, 2008 at 1:25pm
Merry Christmas to all my brothers and sisters in the Lord. I would like for all of you to go to my blog and start blogging me from my site. I will be featured in a major magazine in the first of 2009 and they are interested in the traffic and fellow clergy and friends who may visit my site. So please take time and visit my site and start blogging with me. Also my book is currently available on e-book for $4.99. from the home page click on BLOG button, under the ABOUT button click on juke box below and listen to my commercial.

Once again thank you and "Happy Holidays"

Love Pastor Michelle Fordyce
Comment by Rivers Of Living Waters on July 6, 2008 at 5:28am

Comment by NETTA SPIES on May 15, 2008 at 4:10pm
thank you very much i hope i can be a blessing to someone else

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