Credit - June 2006

First I want to know if i get a credit card of a high APR % around 30 %. And I buy something with that card.around 500 bucks.
I pay fully on time. Do I get charged any interest rates? or i Just gotta 500 bucks.
Second of all does the score increase differently if i got a card with high interest rate and pay on time or a card with low
interest rate and pay on time? Third of all, if my debt to income ratio is bad but i pay the bill on time, do i get decrease in score any defaul on interest rates? Fourth of all, after if i get default on the interest rate and it go from 8 percent to 30 percent, I dont
get charged 30 percent unless I don't fully pay the debt each billing cycle rite?

2006-06-30 07:36:28 · 4 answers · asked by Anonymous

2006-06-30 07:10:59 · 31 answers · asked by Anonymous

2006-06-30 05:41:20 · 7 answers · asked by racingurl37 1

2006-06-30 04:46:03 · 12 answers · asked by notwill 2

I turned 18 about six months ago, and I absolutely refuse to get a credit card. Even the MOST responsible people I know have gotten themselves into a bind with credit card debt, and I don't want to fall into the same trap. I was told that having a contract with my cell phone provider would build up a small amount of credit, and I was wondering what else could do this?

2006-06-30 04:00:36 · 13 answers · asked by M. V. 2

Where do u get it from?

2006-06-30 02:42:52 · 7 answers · asked by beachbum26 2

I owe a good bit on credit cards I had before I was disabled. I am now unable to pay them. My social security barely pays the bills. I am being threatened and they are calling my parents, whom I haven't lived with in 4 years. Can I be sued and my check taken away for this? I can't afford bankruptcy.

2006-06-30 02:36:24 · 17 answers · asked by kristinbrianne 2

2006-06-30 00:23:56 · 11 answers · asked by Anonymous

i had a visa card paid extra for cover in case of redundency ect..unfortunately i was paid off and the insurance refused to pay my visa...why take money off me all that time then let me down when i needed it...

2006-06-30 00:18:51 · 11 answers · asked by catweazel 1

Put this into one sentence.

Credit Repair Scams

Credit repair scams offer to erase accurate negative information from your credit file so you can qualify for a credit card, auto loan, home mortgage, or a job.

The scam: The scam artists who promote these services can't deliver. Only time, a deliberate effort, and a personal debt repayment plan will improve your credit. The companies that advertise credit repair services appeal to consumers with poor credit histories. Not only can't they provide you with a clean credit record, but they also may be encouraging you to violate federal law. If you follow their advice by lying on a loan or credit application, misrepresenting your Social Security number, or getting an Employer Identification Number from the Internal Revenue Service under false pretenses, you will be committing fraud.

2006-06-29 19:20:26 · 2 answers · asked by AnimeGirl1990 2

I have about $7000 in old debt from 9 different creditors that I want to make payments on...which company is the best, what are the fees...basically, how do I go about this?

2006-06-29 18:04:13 · 6 answers · asked by Boom 4

2006-06-29 16:44:22 · 18 answers · asked by ? 6

I still have balance, can you extend the expiration date if you can't make full payments?

2006-06-29 16:26:10 · 11 answers · asked by fancy 2

2006-06-29 16:26:08 · 2 answers · asked by sahfrog 1

I have 2 credit cards on my credit report that I've never used. I've heard that the less credit you have avaible the higher your score will be (less cards/credit to max out on). But I've also heard that if you close accounts it lowers your score. Should I close them?

2006-06-29 16:21:22 · 3 answers · asked by hhhthegame 3

Im trying to repair my credit. So I don't want to do anything on the negative side.

2006-06-29 16:14:57 · 6 answers · asked by Anonymous

2006-06-29 16:14:03 · 5 answers · asked by angelleejolee 1

2006-06-29 15:51:44 · 8 answers · asked by Anonymous

2006-06-29 15:21:49 · 2 answers · asked by kevin s 1

should you write a letter or do what

2006-06-29 15:06:16 · 4 answers · asked by theodore d 2

2006-06-29 14:46:24 · 8 answers · asked by mrnmbrone 1

I'm getting antsy! Tomorrow will be 10 business days. It says on the site 10 to 14 days...Just wondering if it took over 10 for anyone.
Did you have extremely bad credit and still get approved?

2006-06-29 14:20:42 · 3 answers · asked by Anonymous

I have bad credit.... mostly from overdue bills or past due bills. How do I straighten that all out without using one of those credit counseling places? Any help would be great.

2006-06-29 14:20:42 · 14 answers · asked by What_Do_I_Do 1

I put a fraud alert on my credit a year or so do to fraudulent charges appearing on my reports. I have "cleaned up" the problem and was wondering if the fraud alert will remain on my report, and if so can and should I remove it?

2006-06-29 14:04:12 · 2 answers · asked by Question Asker 2

2006-06-29 13:33:17 · 10 answers · asked by kitkat 1

I am looking for a new apartment.
I was told by my friend that when apartments run my credit, it lowers my credit score. I don't think it really makes sense because they are just checking if I qualify or not.
But is it true??? Could someone tell me?

2006-06-29 13:28:28 · 14 answers · asked by NM 1

I have some credit card debt that went to a collection agency and I don't have the money to pay at this time. They know this too.Their settlement options were outrageous and the representative handling the case was extremely unprofessional and rude, and threatening. Now they are saying that it is leaving their office and to "be prepared for what happens next." What does all this mean?

2006-06-29 13:02:46 · 11 answers · asked by pure_imagination_75 2

2006-06-29 12:50:19 · 12 answers · asked by coolpuertoricanmama 1

Hi,
I need helping choosing a rewards credit card. Im deciding between cash back and airline miles, any suggestions?

Also, does anyone know what credit card finance charges are?

thanks

2006-06-29 12:26:55 · 4 answers · asked by Anonymous

2006-06-29 12:25:01 · 12 answers · asked by psycho73@btinternet.com 1