finance credit 31

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Nobody enjoys being up to their eyeballs in debt. I mean let's face it life is hard enough without having to worry about how you're going to pay bills that seem to keep piling up all around you. If you're feeling this way I can assure you it's not just you. Sadly millions of people suffer from having to pay a large financial obligation due to an enormous amount of debt they have accumulated over time. Just doing a quick search on Google shows that there are over 16,000,000 million web pages that use the term debt reduction which explains the hundreds of debt reduction programs that are offered online. Stop and take a breather for a second because this article will give you several ways you should be able to reduce your debt.

Debt Reduction Tip Number 1 - Consolidate Your Credit Cards
Credit cards, credit cards and still more credit cards. Millions of people carry them with a large portion of that group overusing them to an extreme resulting in high interest and a large accumulation of credit card debt. If you are suffering from high credit card debt then one method to alleviate that stress would be to consolidate all of your credit cards onto a lower interest rate or zero interest rate card. This should allow for one central payment at a lower rate then several payments too many different cards at a higher percentage interest rate. Do your online research and find a card that offers a lower rate and then transfer all of your balances over to that new card and don't use the now debt free credit cards again.

Debt Reduction Tip Number 2 - Consider a Debt Consolidation Loan
On the surface this sounds like a bad idea but in reality this can be a way to relieve yourself of several payments at different rates and terms. The key here would be to find a debt consolidation loan with favorable rates which will most likely be based on whether or not you have a steady income from employment and a fairly decent credit score.

Debt Reduction Tip Number 3 - Consider an Estate Sale
Depending on the amount of debt you need to relieve yourself from it could be possible to sell some items you have laying around your house for a few extra dollars. This could be jewelry you no longer wear, that hot tub you no longer use or that third car that collects dust in the garage month after month. Use any money gained from this sale to immediately be put to use paying off any credit card debt you may currently have.

Debt Reduction Tip Number 4 - Consider a Second Job
Nobody enjoys having to work more then one job to make ends meet but if your financial security and future is at risk then perhaps you should reconsider. After all wouldn't you rather go through the pain of working a second part time job now instead of bankruptcy and poverty at a future date? Use all income gained from this second form of employment to pay down any of your outstanding debt starting with the higher interest debt first. Once things have settled down for you and you have your financial future back under control you can always part ways with your second job.

Debt Reduction Tip Number 5 - Look For Another Way Out
Even if you're piled under a mountain of debt that doesn't mean you have to roll over and take it. Let your mind relax and become creative in ways you can earn money to pay off your debt. Look at other methods of acquiring funding to pay off your bills - such as tapping into a home equity loan (if you own a home). Maybe you have some stocks you can sale or a little bit of cash stashed away for a rainy day. You as a last resort could even consider bankruptcy but this has a drastic effect on your credit score and may not be worth it if you think you can salvage a way to pay off your high interest debt.

This article wasn't intended to provide a debt reduction plan. Instead I wanted to pass along a few tips that I've seen other people use successfully to rid themselves of high interest debt in order to regain their financial freedom. If they can do so can you. Do some additional research and see what you can come up with in order to eliminate your debt.

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finance credit 30

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Unpaid monthly payments will damage a person's credit history. Even though you may plan to make double payments the following month, the missed payment will show up as a negative, and may compromise your future ability to borrow money or extend your credit limit on existing accounts. That is why it is important to make every effort to pay your bills on time. Sometimes a creditor will let you make partial payments temporarily for extreme conditions, such as disability or unemployment. Still, you will have to find sources of funding that will help you make those credit card payments and either avoid a negative credit history or prevent your financial standing from damaging reports if the bills remain outstanding.

A debt consolidation loan may be the answer to your problem. Although a loan will not automatically reduce your debt load, it can provide smaller payment options that will ease your financial strain and help you stay current with monthly balances. A consolidation loan could provide several benefits toward paying off your credit card debt in a timely manner without defaulting and hurting your credit reputation.

1. Shop around with different lenders to see if you are eligible for a debt consolidation loan. The internet is an incredible resource for debt management and offers a wealth of information if you know where to look. One such resource is www.banklady.com. Potential lenders will consider several things to see if you can get a loan of this type, including the amount of debt you currently owe and the monthly payments that are due for each one, your household income, previous credit history, paid items that were financed-like a car or a boat, and your ability to make monthly payments for the proposed consolidation loan.

2. If it appears that you are eligible, you can submit an application for the debt consolidation loan. You may be able to do this from home at your computer. This would be helpful if you need to consult records and pay stubs rather than bring them all to the bank for copying. On the other hand, making an appointment with a loan officer to review some of the necessary records will give you the opportunity to ask questions and clarify information. Make sure the application is filled out correctly and completely, as missing information could delay an answer.

3. After discussing figures with the loan officer, make sure that you can afford the debt consolidation monthly payment. There's no point in refinancing if the new payment will still be hard to meet. Try to get the due-date set to a day each month right around payday, so you can make the payment before spending that money on other things. Payroll withdrawals are another option that will automatically deduct the monthly payment from your paycheck before you ever get a chance to see or spend that amount. Ask your lender if this option is available, and if you use it, be sure to deduct the payment amount from your check register each month.

Should everyone in financial trouble take out a consolidation loan? Not necessarily. There are potential drawbacks to consider, so do your research before making the decision to apply for the loan.

1. How long will a debt consolidation loan extend your current balances? If your present credit card balances could be paid in full within three years by making regular payments as scheduled, is it advisable to refinance your debt and extend the loan another three to five years? You could end up paying far more over the life of the loan than you would by keeping current with regular debt payments. Compare the two to see if refinancing is in your best interests.

2. What will be your new interest rate? A debt consolidation loan generally is an unsecured loan, which means you may pay a higher interest rate than you might for a secured purchase, like a new car loan, for example. If your current credit card debt interest averages at six percent, and your new loan interest will be nine percent, how much more will you end up paying until the balances are paid in full?

3. Consider upcoming circumstances. For example, if your financial crunch is temporarily due to having a child in college, and he will graduate in a year, is there a way to make regular payments during this time by tightening the household budget rather than by refinancing a loan? You might be able to use your job's year-end bonuses, an unexpected windfall, or a postponed vacation as a source of revenue to help you meet the present payment schedule, which could save money associated with the costs of a loan application, a longer payment scheduled, and higher interest.

These are some of the issues that typically come up when people think about refinancing their credit card debt to protect or clear their credit records. Give careful thought to the pros and cons of a debt consolidation loan before switching debt balances to a new lender.

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finance credit 29

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You've finally come to that stage in life when you can afford to own a credit card, not as a supplementary cardholder but as the principal cardholder. Finally, you've earned the right to have a credit card in your own name and to be able to purchase whatever you want without having to ask anybody else's permission. But now that that time has come, you find yourself in a quandary - what type of credit card should you apply for?

There are just two basic choices for you - do you want a credit card that offers rewards and one that doesn't?

The Non Reward Type of Credit Card

These credit cards do not offer you any reward points or bonuses no matter how many times you use their credit cards or how prompt you are when it comes to credit card payments. Instead, this type of credit cards allow you to waive interest charges for a certain period of time or avail of lower interest rates than those offered by reward types of credit cards.

Basically, there are two choices that you're given when it comes to the non reward type of credit card. The first one would be a credit card that offers 0% APR intro rates. When you get yourself this kind of credit card, you'll be able to purchase anything without having to worry about contending with high interest rates. But the 0% APR is only applicable for a certain period of time because it's an introductory offer. Once it's over, the APR will revert to normal.

The second type of non reward credit card is the low interest ongoing APR credit card. Although it's not 0%, the interest rate may be lower than what the new APR would be for a credit card with 0% APR intro rates.

The Reward Type of Credit Card

If you don't find yourself excited with all those low interest rates being offered by non-reward types of credit cards then perhaps you'll find your heart racing with credit cards offering rewards.

With this type of credit card, the interest charge is usually higher but you really don't care about that, do you, if it means being able to win a iPod Mini later on, does it? With reward types of credit cards, frequency of use and promptness of payment matter a great deal. There are also a whole variety of rewards being offered so you're surely be able to choose one that you truly desire.

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finance credit 28

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Mano y mano, which one is better do you think - a credit card with low, ongoing APR or one that offers 0% APR as an intro rate?

There are so many types of credit cards that offer all sorts of promotions and rewards that it's definitely hard for a consumer to pinpoint which one would best suit their wants, needs and present financial situation. If, however, you've already managed to reduce your choices to just two and the battle's simply between the low ongoing APR credit card and the 0% APR intro rate credit card then here are several tips to help you determine which one is the best credit card for you.

Are You Planning To Buy Anything Expensive - Yes, the words zero percent can certainly be dazzling to the eye but is it something you really need? If you're planning to buy something very much expensive and that's beyond your budget then yes, it might be better if you go for a 0% APR intro rate credit card - just as long as you're sure you'll be able to pay off the full amount before the introductory period is over. Because if you can't and you don't, then what's the use of having 0% APR in the first place?

How Long Does The Introductory Period Last - Generally, for credit cards offering 0% APR intro rates, the introductory period usually lasts from ninety days to fifteen months.

If you're going to purchase something expensive but you don't think you can pay it off before the introductory offer expires then it's time to bring out your calculator once more. Compute how much your balance would be after the introductory period and see if it's still lower than what you'll pay with a low ongoing APR.

What Would The APR Be After The Introductory Period - Going back to the previous situation, let's just say that you don't think you'll be able to pay off the full amount in time. If the new APR is higher than what other low ongoing APR credit cards are offering then maybe, having a 0% APR intro rate credit card isn't the right credit card for your needs.

Are There Any Other Fees To Pay - Whether it's a 0% APR intro rate credit card or a credit card with a low, ongoing APR, don't forget to ask if there are other fees to pay. Naturally, it's better to stick with the credit card with lower fees.

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finance credit27

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Whether you own a credit card that offers reward points, a credit card with a low ongoing APR or one with a 0% APR intro rate, it helps - and pays - to act smart with your credit card usage. If and when you own a credit card, it's not just simply a matter of swiping and paying off bills. There are ways to maximize the promotional offers and rewards of your credit card and we're here to teach you how to be a smart credit card owner.

The Zero Percent (0%) APR Intro Rate Credit Card - So, you've been approached by a credit card representative offering you this type of credit card, have you? He made it all sound so simple and wonderful, didn't he? Or maybe, you accidentally came across a credit card website and you found yourself mesmerized with the words zero percent.

Whatever the case, here's the truth about 0% APR intro rate credit cards - it's not what everybody needs. That's right. Even if it does promises to give you 0% APR on your credit card purchases, keep in mind that this is an intro rate we're talking about.

And this means that if the introductory period is over - and the coverage is usually between three to fifteen months, tops - then say bye-bye to your beloved 0% APR and say hello once more to the normal APR for credit cards.

A 0% APR intro rate credit card is best for people who want to transfer their balance from old credit cards and people who are planning to make expensive purchases and are able to pay them off before the introductory offer expires. When shopping for 0% APR intro rate credit cards, remember to ask about the duration of the introductory period, what the APR's going to be after the intro period and if there are any additional fees to be paid.

The Low Ongoing APR Credit Card - If you just want a credit card with a low or lower interest rate but you're not in the mood to buy a Tiffany jewelry set or a yacht then yes, you're better off with a low ongoing APR credit card.

Credit Card Offering Rewards / Reward Points - This is the most popular type of credit card. Although they have higher interest rates compared to other credit card types, if you don't mind paying more on finance charges in the hopes of winning something else later on then this type of credit card is the ideal one for you!

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finance credit 26

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Many consumers are overwhelmed by accumulated debts. In most cases, the problem creeps up gradually, until the total debt load reaches unmanageable proportions. Sometimes even minor problems such as temporary illness can tip the balance for the heavily indebted because they have no savings on which to fall back. Here are some suggestions to help ease the debt burden.

Credit Cards
If you know you are tempted to overspend on credit cards, leave them at home when you go shopping. Pay with cash and you will not have the temptation to overspend.

Develop a Budget
To take control of your financial situation you must have a realistic assessment of how much money you earn and how much money you have left over to spend. Calculate your total income, then list your "fixed" expenses - those unescapable charges you incur every month - like mortgage payments or rent, car payments, and insurance premiums. Next, list optional expenses such as entertainment, recreation, and clothing. Writing down all your expenses, even small ones, is a helpful way to track spending patterns, identify necessary expenses, and prioritize the rest. The goal of a budget is to ensure that your basic needs are met before any discretionary spending.

Contact Your Creditors
Contact your creditors immediately if you're having trouble paying debts. Tell them why it's demanding for you, and try to establish a modified payment schedule that reduces your payments to a more manageable sum. Do this before your account is handed to a bill collector. At that point, your creditors have given up trying to collect the debt voluntarily.

Auto and Home Loans
Debts are referred to as unsecured or secured. Secured debts usually are tied to an asset, like your car for a car loan, or your home for a mortgage. If you miss payments on a secured loan, the lender can repossess your car or even foreclose on your home. Unsecured debts are not linked to any any asset, and include virtually all credit card debt, medical bills, signature loans, and debts for other services. It is wise to pay off secured loans first, to avoid loss of assets.

Debt Consolidation
Debt consolidation loans reduce interest rates thus lowering your monthly payments. Shop around for the best rates, and consider closing costs as well. There are many different companies offering widely different rates. Consolidation loans can give you a fresh start, consolidating all of your loans into one simple payment, in virtually all cases at a lower rate of interest.

Methods of Debt Consolidation
Credit Card companies and banks offer debt consolidation as unsecured individual loans, with no collateral. Because these are risky loans for the lender, they're usually more expensive than secured loans and not always available if you have a lot of debt and a bad credit rating.

Home Equity Loans, Home Equity Line of Credit, Interest-Only Loans, and Cash Out Refinance are all secured loans using your house as collateral. Rates are lower than unsecured loans, but if you default, you may lose your home.

Credit Counselling Services
Credit counselling agents will help you get out of debt, though they don't actually consolidate your debt. Instead, payment plans (usually with lower interest and fees) will be worked out for all of your eligible debts. You are left with a single monthly payment to the counselling agent, who will pay all your creditors.

Participating in a credit counselling program normally won't hurt your credit rating and will provide a payment program to clear up your debts in 3 to 6 years. However, be sure to choose a reputable service provider. If the credit counselling agency pays your bills late, you'll pay the cost since you are still legally responsible to the lender.

Retirement Loans
If you have a 401(k), 403(b) project or even certain varieties of company pension plans, it is possible to borrow against your nest egg. (You can't borrow against your IRA.) You do not have to pre-qualify. It is preferable to borrow against your retirement account, rather than withdraw from it early to avoid paying higher taxes and a ten percent penalty. But remember, if you lose your job, you might have to pay your loan back immediately or even pay taxes and penalties for an early withdrawal.

Debt Class Action Settlement
This involves an agreement with a personal injury settlement company. You make monthly payments to them, and they deal with your creditors to negotiate a final settlement of your debts, usually for fifty percent or less of the balance. Your credit rating will go down if you use this option, but in extreme circumstances it may be preferable to bankruptcy.

Most consumers can solve their debt problems by using one of these plans. It is best to have a plan to pay off your debts in 3-5 years. Don't procrastinate -- choose an approach and begin getting out of debt today.

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finance credit 25

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Need a credit card? No problem! And that's exactly the problem. In a nation where instant gratification is touted as a virtue, credit is available to anyone no matter what their credit history. This is causing personal and financial problems for many consumers who abuse the easy availability of credit and find themselves unable to pay back their loans.

There was a time in history when extensive credit was available only to the aristocracy, and debt carried a social stigma for anyone else. The poor and middle class were carefully scrutinized when they applied for loans, and debtor's prison awaited those who did not repay their debts.

Americans are more indebted than ever in the nation's history. The amount owed on loans for cars, homes and credit cards adds up to nearly 100% of annual after-tax income, according to a report in Business Week magazine. Yet, according to the Consumer Fedaration of America, this alarming level of indebtedness has not deterred the moneylenders: credit card companies have more tha $3 trillion of unused credit lines up for grabs, approximately $30,000 per
American family.

According to Fair, Isaac and Co. (FICO), the average consumer has access to $12,190 on all credit cards combined. Not everone is a spendthrift: more than half of cardholders use less than 30% of their total credit limit. However, one in eight is using 80% or more of their credit limit, and 1 in 10 have a total debt greater than $10,000. Cardweb.com estimates that 20% of American credit cards are maxed out.

There are specialized credit cards being offered to all kinds of borrowers, from students to small business owners. Each demographic group is targetted with a specific sales pitch.

People with good credit ratings can easily access lines of credit at an interest rate of 5% or less over the current prime rate, and such applicants are also qualified for Platinum credit cards. However, about half of cards in circulation are Gold cards, which require just $10,000 in annual income for qualification.

The credit industry uses credit scores to divide potential customers into "prime" and "subprime" markets, referring to the prime interest rate set by banks. Elite borrowers can obtain a line of credit on a Platinum card at an interest rate around 12%. A Gold card carries an average interest rate of 15%, while a standard credit card charges rates around 17%.
Then there's the subprime market, which first emerged in the 1990s, dealing with consumers whose credit scores are 500 or less, little or no credit history, those emerging from bankruptcy and anyone with an inconsistent performance in managing credit. These people are often low income earners and/or poor money managers, but the credit card industry finds a way to profit from these most needy of borrowers.

Unlike "secured" credit cards, cards offered to subprime borrowers require no security deposit. Credit limits start out very low -- initially in the $100 to $500 range. However, fees can be hundreds of dollars and interest rates can easily soar to usurous rates of 30% or more.

The industry also offers "secured" credit cards to offer high-risk customers. Borrowers are required to pay an up-front security deposit from $99 to $5,000 to serve as collateral in case of default.

Many social and business commentators have denounced the subprime lending business for exploiting the poor, comparing the industry's problems to depression-era banking scandals. Lenders take on poor and desparate customers at their own risk, writing off losses in the 15% to 17% range, versus the average industry loss rate of 6.5%, according to CardWeb. The delinquency rate among subprime card issuers is 10%, twice as high as the industry average. Some credit card companies, such as NextCard, have been unable to recoup their losses and have closed up shop.

According to many pundits, the American economy has been thriving in the past 5 years, with a steady growth in the GDP. However, 90% of this growth has been due to the housing bubble; real wages have declined by 4% since 2000 while health costs have risen by 40%. Middle and lower class Americans are becoming increasingly financially squeezed and unable to pay their debts.

A record number of 1.3 million cardholders filed for bankruptcy in 2004. In response, the credit industry lobbied successfully for stricter bankruptcy laws. However, according to the Consumer Federation of America, the increasing incidence of loan defaults did not spur the card companies to become more discriminating in their choice of customers. In fact, they actually boosted their promotional campaigns to a record 5 billion solicitations ( approximately 50 per American household) compared to 3.5 billion the previous year, many of these ads targeting the sub-prime market.

Now consider the debit card: it is decorated with the Visa or Mastercard emblem, and has all the functions of a credit card in that can be used at a cash register and for internet and telephone purchases. However, it takes money directly out of the cardholder's bank account and allows no more spending once the account is empty. A debit card has no monthly fees and no interest charges, and no chance of getting into debt. Perhaps this is the best consumer solution to a credit-mad economy.

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finance credit 24

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There are 2 sides to the changes in bankruptcy rules.
It will be a lot harder to file bankruptcy under chapter 7 and get a totally clean slate.

For businesses, relying on issuing credit, the new personal bankruptcy law is doing great, reducing personal bankruptcy claims from the thousands to double digits (in the short run).

However, lawyers working with the actual people filing for bankruptcy say that the new law is seriously flawed because it puts more financial burdens on already broke clients and reduces potential debt repayment to small businesses.

And then of course you have the credit card companies charging high interest rates which in quite a few cases caused the bankruptcy in the first place. According to some financial specialists, much of the debt people accumulate is a result of keeping up with the Joneses and not thinking ahead.

For 80% of clients counseled each month, the debt is credit card related and averages $32,000 - a result of six to eight cards. Consumer credit organizations say the new law provides debt-reducing strategies for those considering filing bankruptcy and curbs abuse.

Under the new law it has become a requirement that the person filing bankruptcy obtains credit counseling both before and after filing for which that person will be charged.

So now the consumer would then know the advantages and disadvantages of declaring bankruptcy. Yet it seems merely another expense for an already financially stressed individual.

People filing bankruptcy in general are not overspenders, but merely faced with temporary financial disasters such as medical costs, layoffs, a divorce, gambling debts or other crises. Before you can file bankruptcy,you are now required to complete credit counseling with an agency approved by the U.S. Trustees office.

This credit counseling is designed to help you determine whether or not bankruptcy is appropriate.

Once you complete your bankruptcy, the law requires you to attend another credit counseling session.

These are new requirements, before this law was passed the law did not require a person to go through counseling either before or after the filing of bankruptcy.

Second, under the old law, a person could decide to file under Chapter 7 or Chapter 13. Under the new law, the court will look at your monthly income and apply a means test relating to the state in which you live. If your income is less than or equal to the medium income then you will be allowed to file Chapter 7 which in effect will give you a clean slate.

This medium income can vary from $28,000 in Missouri to $56,000 in Alaska. If your income is greater, you may be forced to file Chapter 13 unless you can demonstrate you do not have enough disposable income.

Under Chapter 13 you will not get a clean slate but will have to make payments on your debts.

Also, your attorney now has to personally certify that your bankruptcy filing is accurate. This means more work for the attorney, with higher legal fees.

Advantages of declaring Bankruptcy:

• Legal protection from creditors
• Takes care of all or most debt
• In some cases, can keep home and car
• May stop complete financial ruin
• Provides a fresh start

Disadvantages of declaring Bankruptcy:

• Bad credit
• May have to repay partial debt load and return collateral to creditors
• May lose assets, including house and car (If the house is worth more than a certain amount)
• Bankruptcy becomes public record, and
• Remains on credit record for seven to 10 years

"In the past, a bankruptcy offered a fresh start for the filer," said Columbia attorney Gwen Froeschner Hart. "The new federal legislation offers language directed at helping creditors."

If you analyze credit card expenses for most people you'll see that they often include medical bills and day-to-day expenses for the elderly or those earning low or fixed incomes. Records show that 50% of credit card holders do not pay their full credit card bills every month.

33% of the population can't afford medical insurance so have to charge their prescription drugs. With the recent Medicaid cuts and rigid bankruptcy legislation who knows what is going to happen to these people.

There are some who say consumers are abusing creditors. The irony is that credit card companies are begging for customers and offering large amounts of unsecured credit, yet at the same time, lobbying for stricter debt controls.

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finance credit 23

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Keep Your Credit History Clean - Remove A Negative Credit Record From Your Credit Report

It can make a difference of up to 18% in loan repayment costs. For example, on a 30-year, $150,000 fixed rate mortgage, a borrower with the best credit score, 760-850, will pay 5.59%, or $860 per month, while someone in the worst score range will pay 7.18%, or $1,016 per month. This can make a big different to the household budget, so it's to your advantage to keep your credit score as low as possible.

The 3 major credit bureaus, Experian, Equifax and Trans Union are similar and feature a "Credit Score", which is derived from credit report information submitted to them about you.

Under the Equal Credit Opportunity Act, a credit scoring system may not use characteristics such as race, sex, marital status, national origin or religion as factors, though they are allowed to use age.

Credit scores are determined by your bill-paying history, the number and type type of accounts you have, late payments, collection actions, and outstanding debt. The total number of points reflects how likely you are, statistically-speaking, to pay back a loan.

If you are denied credit, the Equal Credit Opportunity Act forces the creditor to tell you the specific reasons your loan application was denied if you ask within 60 days. Acceptable reasons include high balances on charge cards, or bad employment history. Unacceptable reasons include vague excuses such as "You didn't meet our minimum standards". Sometimes you can be denied credit because of information on a credit report. The Fair Credit Reporting Act requires the creditor to give you the contact information of the credit report agency supplying the information. The credit reporting agency can give you the information on your report, but only the lender can tell you why this led to your application being refused.

However your credit report may include inaccurate or incomplete information (credit records). Identity theft is a growing problem, and can take up to a year to resolve. Nearly 10 million people fall victim to identity theft each year, costing consumers $5 billion and businesses $48 billion, according to the Federal Trade Commission.

In this situation you have to send letters to every one of the credit bureaus. Also learn your credit rights by familiarizing yourself with the Fair Credit Reporting Act (FRCA).

The FCRA gives you the right to dispute inaccuracies and omissions, and it requires credit bureaus to investigate your complaint (generally in thirty days), send you a prompt response and correct any errors. The law as well requires the source of inaccurate information (such as a bank) to correct the record at the credit bureaus to which it initially provided the erroneous information.

Consumers working on their credit reports say many times their letters are ignored by credit bureaus. Consumers say even with proof a credit record isn't theirs, its removal from their credit report can take 3 or even 4 challenge letters, because the credit bureaus will have only corrected the facts in their own files and not updated the credit report.

Send your dispute letter by REGISTED MAIL. Credit companies will respond faster if they know you can prove you filed a complaint on a certain date. Keep a record of when you sent the dispute letters and what date you should expect a response. If you have received no defense to your claim after thirty to thirty seven days, send another registered letter requesting an updated credit report and demanding the disputed credit record be deleted.

If the bureaus don't reply in the thirty days, it must be that the information they had on file was either inaccurate or unverifiable. In either case, based on data from the Fair Credit Reporting Act, the credit record must be immediately deleted from your credit report.

A few consumers have eliminated negative marks on credit reports just by going through this process of disputing credit records many times. Since some creditors will not take the time to respond, you can sometimes win by default. Usually a bit of progress will be made with each challenge.Remember, the credit bureau would like you to quit bothering them because if you are not disputing the credit report, they can legally carry on selling it as profitable information.

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art7

The ancient Chinese Astrology is not only fascinating but also quite accurate. It's Zodiac is based on 12 signs, a cycle of 12 years and are named after 12 symbolic animals : Rat (or Mouse), Ox (or Buffalo or Bull or Cow), Tiger, Rabbit (or Hare or Cat), Dragon, Snake, Horse, Goat (or Sheep or Ram), Monkey, Rooster (or Hen or Cock or Chicken or Phoenix), Dog and Pig (or Boar or Hog).

Your Chinese Astrological Zodiac Animal Sign is based on your Chinese Lunar Year of Birth. The Chinese New Year is movable and could start anywhere between 21st January and 20th February, depending upon the year.

If your Date of Birth falls into any of these below listed Chinese Lunar Years, then, because you are born in the Year of the Pig (or Boar or Hog), you are symbolically identified as a "Pig" :

• From 30 Jan 1911 to 17 Feb 1912
• From 16 Feb 1923 to 04 Feb 1924
• From 04 Feb 1935 to 23 Jan 1936
• From 22 Jan 1947 to 09 Feb 1948
• From 08 Feb 1959 to 27 Jan 1960
• From 27 Jan 1971 to 14 Feb 1972
• From 13 Feb 1983 to 01 Feb 1984
• From 31 Jan 1995 to 18 Feb 1996

In Chinese Hsia Calender, 2006 is the 4703rd year and is also the third year of the New Fengshui Land Luck Period 8. The new Chinese Lunar Year is from 29.01.2006 to 17.02.2007. Here are the Annual Forecasts and suggested Fengshui & Crystal Remedies that you may need for the coming "New Year 2006 : Bing Xu, the Year of the Yang Red Fire Dog" :

CAREER :
An year of changes and plentiful opportunities. Get over your gloom of loneliness and make a fresh start. Explore all possible alternate ways. If you are employed, it is time to seek a transfer or shift your job. If you wish to start your own business, do so. If you are already in business, think of inducting in more male partners or an alternate business. Changes and transformations are bound to happen with or without your consent. If you need to shoulder more responsibilites, do so willingly. Do not presume anything. But be open to new ideas. The more hard work you put in, the better results you will get.

Your focus should be on your immediate tasks only. Do not go for any long term investments. Avoid communication gaps at any cost. You will get good help from your network of friends or from powerful people if you look for it. Obstacles will be there, but you can get through them. Grab any overseas posting or foreign opportunity that comes your way. Be extra careful when you travel, as there is a chance of losing official luggage with files and documents. If you are in export or artistic business or strategic planning or event management or catering to the special needs of males, like men's fashion, clothing, etc., you will do well. Keep the combined statue of Dragon and Phoenix alongwith Kuan Kung in the North, to manage smoothly.

MONEY :
Average money luck. Do not sign as guarantor for anybody. Do not lend to friends. Heavy money loss due to friends is indicated. Save, save and save. Invest on more insurance. Keep a set of Dragon & Phoenix Coins at home and carry a set of PaKua Horoscope Coins always.

HEALTH :
Be careful when you dive, swim or travel. Accidents could happen. The females should check out their blood and urinary tracts. Wear a Malachite Crystal Pendant.

LOVE :
Stable love luck. Enjoy yourself fully. Good time to bear children. Resist wrong seductions. Repel intruders, if you are married. If you are not married, you could get good proposals from abroad. An excellent time to marry.

Beneficial Crystal : Aquamarine, for 2006

Good Relationship with : Rabbit & Goat, for 2006

Conflict with : Snake & Monkey, for 2006

Yin/Yang : Yin

A NOTE ABOUT REMEDIES :
The above analysis has suggested some remedies/cures for reducing the impact of negative energy and has recommended certain enhancers for increasing and improving upon the beneficial energy. For the remedies/enhancers to be effective, they should be cleansed, energised, blessed and programmed not only for the particular individual/family but also for the specific purpose/problem. They should also be placed in the indicated location. Any or all of these remedies can be reused for the coming new years, the only thing is that some of them may have to be repositioned according to the specific new year.

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The ancient Chinese Astrology is not only fascinating but also quite accurate. It's Zodiac is based on 12 signs, a cycle of 12 years and are named after 12 symbolic animals : Rat (or Mouse), Ox (or Buffalo or Bull or Cow), Tiger, Rabbit (or Hare or Cat), Dragon, Snake, Horse, Goat (or Sheep or Ram), Monkey, Rooster (or Hen or Cock or Chicken or Phoenix), Dog and Pig (or Boar or Hog).

Your Chinese Astrological Zodiac Animal Sign is based on your Chinese Lunar Year of Birth. The Chinese New Year is movable and could start anywhere between 21st January and 20th February, depending upon the year.

If your Date of Birth falls into any of these below listed Chinese Lunar Years, then, because you are born in the Year of the Rooster (or Hen or Cock or Chicken or Phoenix), you are symbolically identified as a "Rooster" :

• From 22 Jan 1909 to 09 Feb 1910
• From 08 Feb 1921 to 27 Jan 1922
• From 26 Jan 1933 to 13 Feb 1934
• From 13 Feb 1945 to 01 Feb 1946
• From 31 Jan 1957 to 17 Feb 1958
• From 17 Feb 1969 to 05 Feb 1970
• From 05 Feb 1981 to 24 Jan 1982
• From 23 Jan 1993 to 09 Feb 1994
• From 09 Feb 2005 to 28 Jan 2006

In Chinese Hsia Calender, 2006 is the 4703rd year and is also the third year of the New Fengshui Land Luck Period 8. The new Chinese Lunar Year is from 29.01.2006 to 17.02.2007. Here are the Annual Forecasts and suggested Fengshui & Crystal Remedies that you may need for the coming "New Year 2006 : Bing Xu, the Year of the Yang Red Fire Dog" :

CAREER :
A better year than 2005, but you are still not out of the woods. You can now come out of your isolation, move out of your territory, explore new avenues and regain your self-confidance, but there are still obstacles to be crossed and inconsistent luck to be faced. Those of you in the employment will encounter more difficulties and non co-operation. Frequent setbacks will lead to frustrations. Flexibility and adaptablility should be your seed mantra. But many of you will get timely help and guidance, if you look out properly. Some will migrate to distant lands, personally and professionally. But think hard and take professional advice, before switching jobs. You will be facing adverse conditions wherever you go. Be extremely careful when you sign any agreements. If you are in a job or practice that involves your speech skills, like a lawyer, PRO, salesman, insurance agent, etc., you will do much better. Display a Dragon & Phoenix statue for a general improvement and continue to wait for better times. Remember that the experience that you gather this year will be significant in future.

You are in punishment formation with the Tai Sui this year, so display the statue of a Three Generations Dragon Head Turtle alongwith a photograph of the presiding Year Authority of 2006 in the North West, to minimise the negativities of gossips and scandals. You should also wear a Fengshui Rabbit Pendant or place the statue of a Rabbit in the East. (The position of Tai Sui corresponds to North West this year. Tai Sui is also popularly called as Grand Duke of Jupiter and is an intangible energy body of war-like nature that should not be disturbed.)

MONEY :
Average wealth luck. Some of you could get help and support from friends and superiors. Stars also indicate financial loss through wrong guidance and because of mistakes of others. Do not enter speculative markets. Stimulate money flow by using a set of large sized wealth coins. You can also place a 3-legged Money Frog over your counter, looking towards you.

HEALTH :
Normal health. Look out when you take the steps and avoid climbing very high. There could be some bruising and blood injuries. You might also suffer from viral infections and common cold throughout the year. You can try to pre-empt the destined by donating blood and getting your teeth cleaned by a dentist. Exercise, sleep and rest well. Meditate frequently to safeguard your mental health.

LOVE :
Much better luck in the household. If you try and avoid bringing your career karma into your home, you will settle down to normalcy as far as your home is concerned. If you are a single, be careful of your romantic relationships. Good luck for those who wish to expand their friendship circle.

Beneficial Crystal : White Quartz, for 2006

Good Relationship with : Ox, Snake & Dragon, for 2006

Conflict with : Rabbit, Dog & Rooster, for 2006

Yin/Yang : Yin

A NOTE ABOUT REMEDIES :
The above analysis has suggested some remedies/cures for reducing the impact of negative energy and has recommended certain enhancers for increasing and improving upon the beneficial energy. For the remedies/enhancers to be effective, they should be cleansed, energised, blessed and programmed not only for the particular individual/family but also for the specific purpose/problem. They should also be placed in the indicated location. Any or all of these remedies can be reused for the coming new years, the only thing is that some of them may have to be repositioned according to the specific new year.

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The ancient Chinese Astrology is not only fascinating but also quite accurate. It's Zodiac is based on 12 signs, a cycle of 12 years and are named after 12 symbolic animals : Rat (or Mouse), Ox (or Buffalo or Bull or Cow), Tiger, Rabbit (or Hare or Cat), Dragon, Snake, Horse, Goat (or Sheep or Ram), Monkey, Rooster (or Hen or Cock or Chicken or Phoenix), Dog and Pig (or Boar or Hog).

Your Chinese Astrological Zodiac Animal Sign is based on your Chinese Lunar Year of Birth. The Chinese New Year is movable and could start anywhere between 21st January and 20th February, depending upon the year.

If your Date of Birth falls into any of these below listed Chinese Lunar Years, then, because you are born in the Year of the Goat (or Sheep or Ram), you are symbolically identified as a "Goat or Sheep or Ram" :

• From 13 Feb 1907 to 01 Feb 1908
• From 01 Feb 1919 to 19 Feb 1920
• From 17 Feb 1931 to 05 Feb 1932
• From 05 Feb 1943 to 24 Jan 1944
• From 24 Jan 1955 to 11 Feb 1956
• From 09 Feb 1967 to 29 Jan 1968
• From 28 Jan 1979 to 15 Feb 1980
• From 15 Feb 1991 to 03 Feb 1992
• From 01 Feb 2003 to 21 Jan 2004

In Chinese Hsia Calender, 2006 is the 4703rd year and is also the third year of the New Fengshui Land Luck Period 8. The new Chinese Lunar Year is from 29.01.2006 to 17.02.2007. Here are the Annual Forecasts and suggested Fengshui & Crystal Remedies that you may need for the coming "New Year 2006 : Bing Xu, the Year of the Yang Red Fire Dog" :

CAREER :
Not a stable year for career. Some of you will gain substantially while many others may fall from grace. If you can be patient, co-operative and flexible, you can get through and even grow in power. If you are bold, brave and unyielding, you will face hidden dangers and concealed cheats that could land you in situations leading to brawls, back-biting, scandals and lawsuits. Poor judgements in professional life and internal politics in office would end up in serious domestic crisis. Do not switch jobs and do not plan any expansions. But accept more responsibilities when they come and execute them to the best of your abilities, without worrying about the credits due to you. You would be better off acting conservatively rather than aggressively, right now. You will get your recognition and rewards, in time. Females will fare much better than the males. Wear an Amethyst Pendant and display the combined icon of Dragon & Phoenix alongwith the Rooster icon in the North.

You are in punishment formation with the Tai Sui this year, so display the statue of a Three Generations Dragon Head Turtle alongwith a photograph of the presiding Year Authority of 2006 in the North West, to minimise the negativities of gossips and scandals. You should also wear a Fengshui Rabbit Pendant or place the statue of a Rabbit in the East. (The position of Tai Sui corresponds to North West this year. Tai Sui is also popularly called as Grand Duke of Jupiter and is an intangible energy body of war-like nature that should not be disturbed.)

MONEY :
Cashflow will just trickle in. Some of you could make irregular but spectacular monetary gains through timely and exclusive tips from influential people. Big expenses and high money loss are in store. You may have to spend a lot of money on health bills. Finding more financial resources will be the top job. Plant a Citrine or Red Cornelian Crystal Tree in the North. Plan your budget stringently and save anything that you can.

HEALTH :
Average health. Don't let your worries dominate your health. Sleep and rest well. Relax and meditate when you can. Some of you may get foot and throat problems.

LOVE :
Mixed luck here too. Be careful when you deal with your spouse. No arguments please. Spend quality time with your dear ones. Good mutual communication is a must, even if you are travelling. If you wish, install a pair of pink Mandarin Ducks in the South West of your bedroom.

Beneficial Crystal : Lapis Lazouli, for 2006

Good Relationship with : Rabbit, Horse & Pig, for 2006

Conflict with : Rat, Ox & Dog, for 2006

Yin/Yang : Yin

A NOTE ABOUT REMEDIES :
The above analysis has suggested some remedies/cures for reducing the impact of negative energy and has recommended certain enhancers for increasing and improving upon the beneficial energy. For the remedies/enhancers to be effective, they should be cleansed, energised, blessed and programmed not only for the particular individual/family but also for the specific purpose/problem. They should also be placed in the indicated location. Any or all of these remedies can be reused for the coming new years, the only thing is that some of them may have to be repositioned according to the specific new year.

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The ancient Chinese Astrology is not only fascinating but also quite accurate. It's Zodiac is based on 12 signs, a cycle of 12 years and are named after 12 symbolic animals : Rat (or Mouse), Ox (or Buffalo or Bull or Cow), Tiger, Rabbit (or Hare or Cat), Dragon, Snake, Horse, Goat (or Sheep or Ram), Monkey, Rooster (or Hen or Cock or Chicken or Phoenix), Dog and Pig (or Boar or Hog).

Your Chinese Astrological Zodiac Animal Sign is based on your Chinese Lunar Year of Birth. The Chinese New Year is movable and could start anywhere between 21st January and 20th February, depending upon the year.

If your Date of Birth falls into any of these below listed Chinese Lunar Years, then, because you are born in the Year of the Dog, you are symbolically identified as a "Dog" :

• From 10 Feb 1910 to 29 Jan 1911
• From 28 Jan 1922 to 15 Feb 1923
• From 14 Feb 1934 to 03 Feb 1935
• From 02 Feb 1946 to 21 Jan 1947
• From 18 Feb 1958 to 07 Feb 1959
• From 06 Feb 1970 to 26 Jan 1971
• From 25 Jan 1982 to 12 Feb 1983
• From 10 Feb 1994 to 30 Jan 1995

In Chinese Hsia Calender, 2006 is the 4703rd year and is also the third year of the New Fengshui Land Luck Period 8. The new Chinese Lunar Year is from 29.01.2006 to 17.02.2007. Here are the Annual Forecasts and suggested Fengshui & Crystal Remedies that you may need for the coming "New Year 2006 : Bing Xu, the Year of the Yang Red Fire Dog" :

CAREER :
A year which will bring about a lot of changes. The changes could be good or bad. Good or bad, they will be rather extreme. The negative energies of the yester year have still not fully dissipated. Shed your loneliness and make new friendships. If you have been thinking of a job change, now is the time. Alternatively, if you have been planning for a diversification of your business, take your plunge. Anyhow, with or without your consent, there will be major transformations both in your personal and professional lives. But if you introduce planned changes intentionally, you have higher chances of turning conflicting energy into good luck.

If you are in creative, advertising, writing or entertainment industry, you would progress greatly. Even otherwise, your path will be much smoother and results much faster. If you are posted abroad or simply travel overseas, look out for new money-making opportunities. You have to watch out for back-stabbing from people close to you. Be clear in your communications and clear any misunderstandings immediately. Focus on your long term goals, work hard, implement your good ideas, ignore provocations and preserve your patience. You are now better equipped to face challenges - face them bravely. You will finally get your recognition and reward. After getting them, be humble. Wear a Lapis Lazouli Crystal Pendant to take right decisions at the right time. If you are interested in part-time studies, go ahead, it will bring you sure success in the coming years.

You are offending the Tai Sui this year, so display the statue of a Three Generations Dragon Head Turtle alongwith a photograph of the presiding Year Authority of 2006 in the North West, to minimise the negativities of gossips and scandals. You should also wear a Fengshui Rabbit Pendant or place the statue of a Rabbit in the East. (The position of Tai Sui corresponds to North West this year. Tai Sui is also popularly called as Grand Duke of Jupiter and is an intangible energy body of war-like nature that should not be disturbed.)

MONEY :
Reasonably good money luck. But you will have a tough time in guarding it though. Beware of large expenses, especially of health, shifting and vehicle maintenance. Spend conservatively and avoid risky high-interest deposits. Invest in health insurance. Keep off gambling and money markets.

HEALTH :
A lot of minor health problems related to abdomen, digestion, endocrine and respiratory systems. Some of you may end up with minor cuts and burns. Accidents could happen while travelling, resulting in minor injuries. Mental and physical stress could lead to sleeplessness. Meditate and excercise. You can also try and pre-empt the above by donating blood and having your teeth cleaned by a dentist. Minimise the health issues by hanging a large sized original, natural Chinese Kalabash, in your bedroom, over your head.

LOVE :
Reasonble romantic luck this year. But be wary of fresh decisions though. Many of you will marry and settle down. But the romeos should be careful of over-spending their energies : they may live to regret later. Enjoy yourself, but don't cross the limits. If you are married, spend a lot of quality time with your spouse and family. Communicate freely and wisely. Do not allow misunderstandings to expand, but clear the conflicts immediately, then and there.

Beneficial Crystal : Red Jasper, for 2006

Good Relationship with : Tiger, Rabbit & Horse, for 2006

Conflict with : Dragon, Goat & Rooster, for 2006

Yin/Yang : Yang

A NOTE ABOUT REMEDIES :
The above analysis has suggested some remedies/cures for reducing the impact of negative energy and has recommended certain enhancers for increasing and improving upon the beneficial energy. For the remedies/enhancers to be effective, they should be cleansed, energised, blessed and programmed not only for the particular individual/family but also for the specific purpose/problem. They should also be placed in the indicated location. Any or all of these remedies can be reused for the coming new years, the only thing is that some of them may have to be repositioned according to the specific new year.

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motions on human affairs and human disposition'. From this practice a horoscope can be produced - a diagram (or chart) of the relative positions of planets and signs of the Zodiac at a specific time, usually the time of birth. A forecast can then be produced.

The Zodiac
Western Astrology originated way back, around 500 BC, with a concept called the Zodiac being developed. This comprised of an imaginary sphere surrounding the earth, which followed the path of the Sun through the constellations during the year. The Zodiac was split into twelve sections, each named after the specific constellation noted in that area.

Elements
Many ancient philosophies used a set of classical elements to explain the way nature behaved. Each sign was connected to one of the classical elements (fire, earth, air, or water) and was also related to a region of focus; social, personal or universal.

Introduction
This article covers the basics of Astrology and how they are inter-related. Astrology is defined as 'the art or practice of determining the supposed influences of the planets and their justify;">* Water signs are related to growth processes, identification and emotion. In tandem with the other elements, water feels that fire will make it boil, air will evaporate it, but earth will shape and channel it.

* Fire signs are related to action, passion, and energy. In tandem with the other elements, fire feels that earth will smother it, water will drown it, but air will fan and enliven it.

* Air signs are related to thought, perspective and communication. In tandem with the other elements, air feels that water will obscure it, earth will suffocate it, but fire will inspire and uplift it.

* Earth signs are related to sensation, stability, and practicality. In tandem with the other elements, earth feels that air will dry it, fire will dry it, but water will refresh and nourish it.

Modalities
Each sign is connected to one of three modalities; cardinal (sometimes referred to as movable), fixed, and mutable.

There are four quadrants following the order of the zodiacal signs, with three signs in each. Each quadrant describes a season, beginning with a cardinal sign, continuing to a fixed sign, and ending with a mutable sign.

Modalities and Related Zodiac Signs

• Mutable signs are related to adaptability, resourcefulness and holism. They are Gemini, Virgo, Sagittarius and Pisces.
• Fixed signs are related to determination, focus and individuality. They are Taurus, Leo, Scorpio and Aquarius.
• Cardinal signs are related to creativity and initiation. They are Aries, Cancer, Libra and Capricorn.

Summary of Zodiac Sign Characteristics

• Aries (cardinal, fire, personal): defensive, energetic, head down, assertive, impulsive.
• Taurus (fixed, earth, personal): patient, indulgent, resourceful, thorough, devoted.
• Gemini (mutable, air, personal): quick, logical, inquisitive.
• Cancer (cardinal, water, personal): clinging, protective, sensitive.
• Leo (fixed, fire, social): theatrical, generous, proud.
• Virgo (mutable, earth, social): critically, practical, efficient.
• Libra (cardinal, air, social): lazy, co-operative, fair.
• Scorpio (fixed, water, social): anxious, passionate, sensitive.
• Sagittarius (mutable, fire, universal): careless, free, straightforward.
• Capricorn (cardinal, earth, universal): suspicious, prudent, cautious.
• Aquarius (fixed, air, universal): detached, democratic, unconventional.
• Pisces (mutable, water, universal): distracted, imaginative, sensitive.

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American Heritage Dictionary defines Astrology as the study of the positions and aspects of celestial bodies in the belief that they have an influence on the course of natural earthly occurrences and human affairs. Planetary observation is the basis of Astrology. The practice of astrology was prevalent in the ancient times as well. History of Astrology is an important part of civilization and goes back to the early days of the human race. Some of the well-known civilizations of the world used this field extensively. For example, the ancient Chinese civilization, the Egyptian civilization, the ancient Indian civilization, etc all practiced astrology at some point or the other. Arabs too practiced Astrology before the advent of Islam. Arabs were quite advanced in the field of Astronomy.

The ancient Babylonians were probably the first to use Astrology. The Babylonians were the first to name the days of the week after the Sun, Moon, and planets. They were also the first to set out the twelve houses of the horoscope. Baghdad and Damascus were known as centers of Astrology and Astronomy in olden times. Egypt contributed a lot towards the development of Astrology. It is thought that some of the astrological signs of the zodiac originated in Egypt.

Greek astronomer Ptolemy was the first ever person to write a book on Astrology. He codified the sun sign astrology that we know today. Ptolemy tried to predict the positions of celestial bodies relative to each other and the earth through knowledge of their orbital motions. During his time, astrology was a part of astronomy. Later, astronomy became an exact science and Astrology remained a part of Theology.

Chinese astrology stresses on the five elements, metal, wood, water, fire, and earth. Even the zodiac signs used by them are also different from other forms of astrology.

India has a rich history of Astrology. Astrology was practiced even in the Vedic times in India. Astrology is one of the six disciplines of Vedanga. Ancient Hindu Scriptures too give a lot of importance to the various aspects of planetary motions and its effects on humans. Astrology is still studied and practiced by many in India. It is regarded as vital in Indian culture. It is used to make decisions about marriage, starting of new businesses, and moving into a new house etc. The Hindus believe that human fortune or misfortune in life is due to karma, and karma is believed to be influenced by the movements of the planets. Among the Hindus, Brahmins are considered to be the best authorities on astrology. The astrologers in India claim that it is a scientific method to predict the future. They still club this field of study within the parameters of Hinduism. Hindus almost unanimously believe in astrological predictions. In fact, religious Hindus cannot imagine life without Astrology. More and more Indians have started to build their houses according to the principles of Vastu Shashtra. This ancient Indian tradition is also governed by astrological implications. Hindus believe that the overall prosperity and benefits of the occupants is dependant on the Vastu principles while building the house. Indian Astrologers claim that they can prove that astrological predictions are indeed scientific.

Horoscope is a part of Astrology. Reading the horoscope daily has become a trend even in the developed countries of the West. The Western mind has always put everything subject to scrutiny and they tend to rely solely on scientific facts. But that is not preventing the western people from being obsessed with their horoscopes. Suddenly, the western world has woken up to the possibility of knowing and improving their future with the use of astrology. More and more westerners have started to believe in the possibility of getting affected by the powerful planets and stars. Western scholars have included the subject of astrology in their research. Astrology was never scrutinized and researched ever before the way it has been done over the last few years. In this regard, the Indian astrologers should come forward and show the world the power that astrology holds.

American Heritage Dictionary defines Astrology as the study of the positions and aspects of celestial bodies in the belief that they have an influence on the course of natural earthly occurrences and human affairs. Planetary observation is the basis of Astrology. The practice of astrology was prevalent in the ancient times as well. History of Astrology is an important part of civilization and goes back to the early days of the human race. Some of the well-known civilizations of the world used this field extensively. For example, the ancient Chinese civilization, the Egyptian civilization, the ancient Indian civilization, etc all practiced astrology at some point or the other. Arabs too practiced Astrology before the advent of Islam. Arabs were quite advanced in the field of Astronomy.

The ancient Babylonians were probably the first to use Astrology. The Babylonians were the first to name the days of the week after the Sun, Moon, and planets. They were also the first to set out the twelve houses of the horoscope. Baghdad and Damascus were known as centers of Astrology and Astronomy in olden times. Egypt contributed a lot towards the development of Astrology. It is thought that some of the astrological signs of the zodiac originated in Egypt.

Greek astronomer Ptolemy was the first ever person to write a book on Astrology. He codified the sun sign astrology that we know today. Ptolemy tried to predict the positions of celestial bodies relative to each other and the earth through knowledge of their orbital motions. During his time, astrology was a part of astronomy. Later, astronomy became an exact science and Astrology remained a part of Theology.

Chinese astrology stresses on the five elements, metal, wood, water, fire, and earth. Even the zodiac signs used by them are also different from other forms of astrology.

India has a rich history of Astrology. Astrology was practiced even in the Vedic times in India. Astrology is one of the six disciplines of Vedanga. Ancient Hindu Scriptures too give a lot of importance to the various aspects of planetary motions and its effects on humans. Astrology is still studied and practiced by many in India. It is regarded as vital in Indian culture. It is used to make decisions about marriage, starting of new businesses, and moving into a new house etc. The Hindus believe that human fortune or misfortune in life is due to karma, and karma is believed to be influenced by the movements of the planets. Among the Hindus, Brahmins are considered to be the best authorities on astrology. The astrologers in India claim that it is a scientific method to predict the future. They still club this field of study within the parameters of Hinduism. Hindus almost unanimously believe in astrological predictions. In fact, religious Hindus cannot imagine life without Astrology. More and more Indians have started to build their houses according to the principles of Vastu Shashtra. This ancient Indian tradition is also governed by astrological implications. Hindus believe that the overall prosperity and benefits of the occupants is dependant on the Vastu principles while building the house. Indian Astrologers claim that they can prove that astrological predictions are indeed scientific.

Horoscope is a part of Astrology. Reading the horoscope daily has become a trend even in the developed countries of the West. The Western mind has always put everything subject to scrutiny and they tend to rely solely on scientific facts. But that is not preventing the western people from being obsessed with their horoscopes. Suddenly, the western world has woken up to the possibility of knowing and improving their future with the use of astrology. More and more westerners have started to believe in the possibility of getting affected by the powerful planets and stars. Western scholars have included the subject of astrology in their research. Astrology was never scrutinized and researched ever before the way it has been done over the last few years. In this regard, the Indian astrologers should come forward and show the world the power that astrology holds.