Credit - March 2007

2007-03-14 03:31:50 · 4 answers · asked by 0six_mix 2

including:
origin of credit,
prerequisites to the rise of credit,
nature and necessity of credit,
forms of credit,
the relative significance each form,
functions of each form of credit, economic agents & institutions that participate in credit markets,
how does creditinfluence the economy and asset prices?
Credit and business fluctuations
credit regulations

2007-03-14 03:30:55 · 3 answers · asked by slim p 2

I have a line of credit through Bank of America. I was told it was a personal loan and the balance would go down each month. (I had consolidated 3 credit cards). I just found out it is technically called a line of credit and the interest is 23%! I am going to be applying for a mortgage soon and I know it looks like "potential debt" and that looks negative. But, is it worse to have the account closed and still be paying it off, or to pay it off then close it?

2007-03-14 03:14:11 · 4 answers · asked by Andrea 1

2007-03-14 03:08:28 · 6 answers · asked by Peter W 1

2007-03-14 03:04:27 · 2 answers · asked by Anonymous

2007-03-14 03:03:43 · 4 answers · asked by isacm87 2

2007-03-14 02:21:43 · 9 answers · asked by Anonymous

I am trying to rebuild my credit after ID theft and a couple of small misteps I made. I obtained a secured credit card and another credit card - should I charge something each month and pay it off immediately? Or just not charge anything and have the credit cards? Which has the most positive impact on raising your credit scores? They are low limit cards and I am in a position to pay them off each month. thank you!

2007-03-14 02:19:54 · 9 answers · asked by Anonymous

Is anyone else upset with Washington Mutual Bank sending them so called pre-approved credit card letters when in fact you are not pre approved? Does anyone else feel the verbiage is misleading and should instead say something like Invited to apply or Pre-selected to apply like Amex and other reputable lenders do? I was under the impression that by law if you're pre-approved it’s just that and that the lender could not turn you down?

2007-03-14 02:19:41 · 2 answers · asked by deanspurrier 3

2007-03-14 02:03:28 · 15 answers · asked by adam C 1

if i can't, how long will they stay on there for, i searched applied too many times for credit now i know it affects your score, i got offered loans before but tried to get a better deal now i can't even get one!

2007-03-13 23:23:50 · 5 answers · asked by Anonymous

Correct me if I'm wrong but when you "pay for deletion" you are paying for any record of the debt to be 100% removed from the report that a potential creditor would see (like when you buy a car or credit card) .

--BUT the debt is never actually deleted from the credit report that you and the CRA have access to.

So, there are actually 2 forms of credit report: one that potential creditors see, and one which only you and the CRA see.

Is this correct??


I am asking because in previous answers to my "pay for deletion" questions, alot of people are saying that debts are never 100% deleted from credit reports.
So that makes me wonder what the phrase "pay for deletion" means exactly?
Thanks!

2007-03-13 22:13:03 · 2 answers · asked by Anonymous

what is the most reputable site please

2007-03-13 22:08:20 · 6 answers · asked by Anonymous

if i change my current address to P. O box(i live in queen and i work in brooklyn,i thinking to open a P O box in brooklyn but i do not think to move in brooklyn ) ,is it my credit score will go down or no different?

2007-03-13 21:33:21 · 4 answers · asked by Anonymous

paying a much lesser amount (say, $500 less) (settling) but without a guarantee of deletion?
Also, if you have something deleted, is it 100% gone from your report, (no record of it ever being there)?
Thanks for any help!

2007-03-13 21:16:17 · 4 answers · asked by Anonymous

I think BT are getting pretty low, charging people more who have no direct debit set-up, all the poor grannies will get stung..Do you think the government should do something?

2007-03-13 20:37:27 · 7 answers · asked by Caine7SFG™ 7

2007-03-13 20:35:20 · 5 answers · asked by King Richard B 1

2007-03-13 20:20:13 · 5 answers · asked by King Richard B 1

someone on here recommended i go to the web site and listen to the free radio shows. i did and then the commercial says something about a finanical program. is this an infomercia type of deal, is it any good?

2007-03-13 20:00:21 · 3 answers · asked by lady26 5

i heard this is true how does it work?

2007-03-13 19:51:13 · 8 answers · asked by kim chi jigae 2

2007-03-13 18:42:20 · 6 answers · asked by Mere Mortal 7

credit card harassment

2007-03-13 18:18:01 · 6 answers · asked by lil o 1

I would like to try and rent someone's credit, but I don't know anything about it. I only heard someone on the radio about it but I didn't catch the phone number. I am in Florida and looking to get a loan with a co signer.Is that even legal here??

2007-03-13 17:54:01 · 3 answers · asked by Carla_M 1

I recieved a letter in the mail that encouraged me to contact them for solutions to my finacial woes.Person promises that they can repair my credit, put cash in my pocket and pay all my creditors. Usually when things sound to good to be true, bad things happen. Please Help !!!!

2007-03-13 17:01:03 · 2 answers · asked by gullible 1

2007-03-13 16:46:34 · 2 answers · asked by Anonymous

2007-03-13 16:16:55 · 6 answers · asked by Anonymous

they said all kinds of good stuff, no credit check
master card capabilities
the requirements:
i must be over 18
and have a bank account
okay i have that" i said
then they said" okay sir just give me your routing number and account number"
what the f**k?
i said no the lady got upset and hung up!
anybody have any calls like that?
where the hell did they get my info they had my address cell phone number !!!!

2007-03-13 16:02:11 · 4 answers · asked by Anonymous

I have recently become engaged and am starting to stress out. My fiance and I want to start looking at houses and neither of our credit is great. I was turned into a collection agency once for 600 bucks, but besides that have paid my student loans and other bills on time usually. Is it impossible for us to get a home loan?

2007-03-13 16:00:21 · 9 answers · asked by Halee 1

a copy of my account.... I did bounce a couple of checks before I close account but I took care of them? debrajean

2007-03-13 15:58:43 · 7 answers · asked by debrajean674 1

Im 25 years old and I have about $3,000 debt. I tried to pay off as much as I could but stupidly paid off the small balances first. Anyways, the majority of whats on my credit card is paid off, and I want to get it removed but can you do that? I cant even call these companies because the phone numbers my credit report lists are disconnected. I want to do the right thing but I dont even know where to start. Oh and there is a judgement on my credit report statement saying that I owed 15 grand in city taxes from when I was 17 years old but it was later corrected to a measly $95 and that has been paid but the 15 grand remains on my report. Is there any hope at all to get this resolved?

2007-03-13 15:46:45 · 5 answers · asked by Anonymous