Unsecured credit card money can be used as you see fit, for example:

• A down payment on your first home
• A down payment on rental property
• Funding your new business venture
• Financing a new car
• College education for kids

If we could write a book about this, we would. But the rules of the game change so frequently that, by the time we published, most of the information would be out of date.

Let's expose a few counter-productive myths...

The biggest myth of all is that inquiries hurt your credit score.

Here are five others:

Myth #1: Balance transfers have to be used to pay down credit cards. False. Done properly, the transfer can be used to fund your bank account directly.

Myth #2: Its all done by computer. False. This may be true when you apply for a credit card in the $3,000 - $10,000 range, but when you are asking for $40,000 to $250,000 and up, you need to speak with a human being.

Myth #3: You have to pay a large balance transfer fee. False. We can show you how to pay little or nothing for balance transfers.

Myth #4: After 12-18 months my interest rate will go through the roof. False. We can show you how you can get interest rates that are even better than home equity loans - with no collateral.

Myth #5: You are on your own. False. We will hold your hand every step of the way, until your financial goals are reached.