Credit - July 2006

I am a new immigrant - I have been in the States for 2 years, but just got my Resident status. We do not have credit system in my country, so it seems to me to be extremely confusing. My husband has not a good credit, I have none. We'd like to buy a house in future. But for now I'm thinking we need a credit card. We both have secured cards, but now his bank pre-approved him for a CC. Should he open it? Also, HOW DO CREDIT CARDS WORK???? I have minimum idea.
Thank you.

2006-07-06 05:23:25 · 12 answers · asked by 123321m 3

After the car is sold and there is still a balance on the loan, does the bank sue the owner for the difference?

2006-07-06 05:05:58 · 18 answers · asked by Susan S 1

2006-07-06 04:47:04 · 9 answers · asked by Anonymous

I know some of you have maxed it out and probably weighing on your mind.
heres your chance to talk about it.

2006-07-06 04:27:28 · 7 answers · asked by Anonymous

2006-07-06 04:00:24 · 8 answers · asked by Anonymous

2006-07-06 03:38:58 · 1 answers · asked by msdaisy28504 1

be realistic...

what makes for a satisfying credit card? what is the most important thing to you: access to cash, good customer service, low rates, rewards programs, billing options?

name names if you like.

2006-07-06 03:31:43 · 14 answers · asked by patzky99 6

i dont make as much money as i used to i cant afford to make payments due to the amount of child support i pay which is never late but i am about to lose my truck

2006-07-06 03:30:24 · 9 answers · asked by jackie s 1

In other words, how long do they have before they cannot take legal action against you? I understand the whole credit bureau reporting process, but I'm wondering how long they have to actually serve you with a summons to appear in court to answer for the debt, if that's what they want to do.

2006-07-06 03:26:25 · 6 answers · asked by tictickchick 3

I am interested in using the busienss credit coop to start a business line of credit. Does anyone know what the actual service they provide is?

2006-07-06 02:48:28 · 1 answers · asked by betajdl 2

I want to take over a friend's lease but I hurt my credit while starting my business. My friend only has a year left in the lease an 17k miles and I wanted to pay it all in advance. Would I need to pass a credit check even though I am paying in advance?

Also, In general if I paid a car lease in advance would I need to pass a credit check?

2006-07-06 02:13:44 · 4 answers · asked by Pacemaker 2

I live with my father and sister and am in full time employment. I have several loans and 2 credit cards that I want to clear. I also have a CCJ and some late payments. I want to reduce my outgoings and get one loan to cover everything. Does anyone have any numbers or internet connections to help me? I don't want debt consolidation, etc.

2006-07-06 00:27:40 · 5 answers · asked by sandie_rule 2

here's the thing... i've checked all 3 credit bureaus and i have good scores and bad scores, so is there a way i can lookup a credit card company by the credit bureau it uses to determine whether to give a card to someone or not? does that make sense? lol.

2006-07-05 20:36:48 · 4 answers · asked by digital321 3

I think it is okay to allow them to have a debit card, as long as the money is added a little at a time, and as long as your child is responsible.

My recommended age is 14-16. What do you think?

2006-07-05 20:16:01 · 12 answers · asked by Press288 4

2006-07-05 18:51:48 · 5 answers · asked by Bob D 1

2006-07-05 18:40:14 · 3 answers · asked by pamelajsathe 1

2006-07-05 18:30:49 · 7 answers · asked by Alan T 2

2006-07-05 17:52:22 · 17 answers · asked by bjsscrap 2

2006-07-05 16:22:37 · 2 answers · asked by Doods P 1

2006-07-05 16:19:51 · 1 answers · asked by JUSTASKING 1

I'm trying to rebuild my credit and received an offer from Aspen's Mastercard (issued by First Bank & Trust, Brookings, SD). They state it's unsecured. The initial credit limit is $300, but you need to send in a $20 payment before activation. After the annual fees are subtracted, I remember the paper saying that there is a $141 credit. There's also a monthly charge, if I remember correctly.

I threw out all of the paperwork (out of habit, I guess) but kept one page that doesn't have much information other than the web address (www.aspenyes.com) and my invitation code.

I know it's not a scam or anything, but I wonder if anyone has any opinions on this. Would this be better than shelling out $300 or $500 for a secured credit card? Are there other offers like this one out there, that people with under average income qualify for?

Thanks everyone! :D

2006-07-05 15:46:25 · 3 answers · asked by Anonymous

2006-07-05 15:05:28 · 9 answers · asked by Anonymous

My friend's parents allowed her to use their identities to open up about 13 different credit accounts in their names. She kept up w/the payments and never fell behind, but her mother finally realized that she might have gotten in over her head. Her mother took the cards away, and started contacting all of the creditors, telling them that she never gave permission to her daughter to obtain all this credit in her name (even though she did). A couple of the creditors sent a form to the daughter, which she was supposed to sign to supposedly accept legal responsibly for the debt. She's afraid if she signs this form, that the creditor can then say she admitted to defrauding her parents, and have her arrested. There's no way she can now pay off all at once the money that is owed, and the parents are now unwilling to pay the debt. One of the creditors is already taking her parents to court. What are their options? They don't want to press charges against their daughter.

2006-07-05 14:17:18 · 6 answers · asked by tictickchick 3

I received a letter from a collection agency stating that I had 5 days to pay an account or it would show up on my credit report. I complied and sent off a cheque for the balance immediately and it showed in my bank account the funds had come out before the 5 day deadline. I just got a copy of my credit report and the collection is showing up even though they assured me it wouldn't. It does say the account has been paid in full but is there any way I can get this information removed or is it too late? Will the agency even bother with me now that they have their money?

2006-07-05 13:29:51 · 10 answers · asked by reallyrosie 1

A friend bought a computer that had AOL already installed and activated (by the retailer) without his knowledge. He has been charged several hundred dollars for a service he has never used (they admit he has never used it) but they won't refund his money! What can he do?

2006-07-05 13:28:00 · 8 answers · asked by Anonymous

I am trying to find out if I can get a loan to pay off bills and debt in order to better my credit score. Does anyone know of a place that can help?

2006-07-05 13:10:28 · 5 answers · asked by dakid78ben 1

2006-07-05 12:34:49 · 13 answers · asked by Nelson G 1

i have entered wrong card number while doing a visa money transfer , please help.

2006-07-05 12:34:20 · 4 answers · asked by jithu 2

an illegal imigrant some how obtained my soc. number and has run up credit card and bank debts. I have reported this matter to local authorites but I am still receiving telephone calls and letters from banks and collection companies. I inform these companys I have no connection with that individual but this has failed to stop this harrasemet. Just today one tried to threaten me with by telling me I was responsibe because they had used my soc. no. any helt would be appreciated

2006-07-05 12:04:16 · 4 answers · asked by victim 1

If you have a bunch of credit cards open and the majority of them are zero balance would it impact you negatively to close these inactive accounts?

2006-07-05 10:50:49 · 8 answers · asked by digitalexis 2