Credit - March 2007

If the card's annual fee is $80, does that mean you have to pay $80 a year just to use the card?

2007-03-09 08:08:45 · 8 answers · asked by Anonymous

My fiance and I are trying to decide what we need to do. I'm curious how those Mortgage Companies work. Our credit isn't exactly perfect (Mine is in the low 600s). Currently, for the past 9 months we've been renting a 1 BR apartment for $780/month. We're wanting a house. Renting a house in a decent area will be between $850-1000/month-- which is a house payment! It just seems to be a waste to rent. What do the mortgage companies consider when deciding to finance you? I'm just starting out in my career, but combined my fiance and I make just under $75K/year. We also wouldn't have a down payment but I see all the time homes with 100% financing. What are our chances of getting approved? We're going to look at a house tomorrow priced around $122k in the Memphis area. And is there something we need to watch out for when speaking with Mortgage Companies? Also, I'm fresh out of college with less than a year experience. Will my lack of employment history count against me?

2007-03-09 07:14:32 · 8 answers · asked by Holly 3

If yes, could I get the name(s) of these companies.
Also:
1) Do they charge you an inital fee?
2) I'm not looking to get into major debt again. Just a smaller loan to clean up some debt not covered through the bankruptcy and that I will be able to afford to pay back monthly without digging a hole for myself.

2007-03-09 07:04:20 · 13 answers · asked by Toni 1

We keep getting turned down over and over, surely there is someone who will finance us, we make the money, but our credit sucks. Please help

2007-03-09 06:54:13 · 14 answers · asked by Anonymous

Would it be smarter to pay off my credit card (closed by the way, with no interest) in the next two months with big payments, or to continue paying with smaller payments? I want to improve my credit and I would think paying smaller payments but paying longer would be better because it shows a longer good payment history. What do you think? Would it better just to pay it off?

2007-03-09 06:31:49 · 8 answers · asked by Dani 2

i was wondering that if i could prove to the bank that i could resell at a profit and could almost right away pay off the loan, if i could convince them to grant me a short term loan.

2007-03-09 06:17:00 · 11 answers · asked by Anonymous

Does the fallowing Banks contract BPOs in India?
Bank of America
Providian
Chase Bank.
If they do, does this means that all does employees have access to your personal information?

2007-03-09 06:03:48 · 3 answers · asked by vongurdy 1

Is this really legal to do ?Check out site WWW//getexcellentcredit.com . has anyone tried this for real?

2007-03-09 05:45:37 · 4 answers · asked by Anonymous

I am a stay at home mom with good credit and my husband works and doesn't have the greatest credit so I was wondering if anyone knew what our chances would be of being able to buy a home? Thanks

2007-03-09 05:27:25 · 8 answers · asked by Sarah H 1

Married for just 3 weeks and wife totaled her car. now we are car shopping. my credit score is not so good but hers is very high. will i hurt her in the rate we get or with hers being high will i just cancel it out more or less?

2007-03-09 04:54:34 · 6 answers · asked by J and C 1

could i redeem my itunes card twice?

2007-03-09 04:49:56 · 2 answers · asked by Melanie P 1

2007-03-09 04:48:03 · 8 answers · asked by kasmo3 1

My credit score has gone down since last year (I was at about a 750) and I have only been late on making a credit card payment once. ( I am down to about a 630) What are some things I can do to get it back up to where it was?

2007-03-09 04:25:19 · 11 answers · asked by Samantha S 1

2007-03-09 04:21:08 · 12 answers · asked by whataboutme 1

2007-03-09 04:20:30 · 4 answers · asked by kevin t 2

2007-03-09 03:58:01 · 10 answers · asked by Heather 2

2007-03-09 03:53:07 · 5 answers · asked by Gina L 1

I plan to get a home equity line to consolidate some monthly bills, and my mortgage company has offered this type of loan as the one wiith the lowest montlhy payment:

Home Equity Line of Credit 90
Rate: 84.500%
APR¹: 84.500%
Term: 120
Does ANYONE understand the terms and and interest on this type of loan?

2007-03-09 03:46:14 · 8 answers · asked by Destiny D 1

i lost my credit card and before i realised some one made purchases worth rs. 22,000.am i liable to pay the bank this amount even if my signature does not tally with the signatures on the charge slip? pl advise.

2007-03-09 03:28:49 · 5 answers · asked by saurabh c 1

I recently received a summon to court over old debt with Providian (they demand $3000).

Couple of days later I got a settlement letter from collection agency that suing me. But they do not mention lawsuit there. It just says they will close out the account if I pay settlement amount. (which is $1000 lower then amount they are suing me for)

What are my options ?

What happens if I go for settlement before the court date ? Is my case going to get dismissed ? Any ideas what might happen ? Or any suggestions how to deal with it ?

My SOL expired Sept.2006, but it looks like they have filed lawsuit in Jul 2006, but my court date is in March. Is SOL rules apply to filing day or court date ?

2007-03-09 03:12:36 · 2 answers · asked by Lost in space 1

I'm 21, i have a $5000 limit credit card. I didn't realise until it was too late, but i am useless with money, and i've reached my limit.
Being an idiot, i'm overdue with my payments, and i got a 'friendly warning' (direct quote) telling me to pay the minimum charge and keep up with payments from now on.

This has all happened in the last three months, and i am now paying it off frequently.

My question is, would i now have a bad credit rating? How much would it affect me in the future, and is there any way i can fix it before it could bite me on the ****?

2007-03-09 03:07:32 · 7 answers · asked by John A 1

I just got a new job in finance, I have to learn how to read credit reports to decide on loans. I understand some things on a credit report, but I would like to find a website that breaks them down for you.....any ideas?

2007-03-09 02:23:04 · 6 answers · asked by Anonymous

coz i really need a credit card but in my country it only goes to the rich people can you help

2007-03-09 01:48:09 · 3 answers · asked by ndmbkw 1

I have some bad marks on my credit report that are no longer valid ( i paid off 2 credit cards that were in collections) also, there is an address listed i never lived at. how can i get those removed from my report? and will that bring up my score at all right away??

2007-03-09 01:45:59 · 9 answers · asked by Anonymous

2007-03-09 01:45:48 · 9 answers · asked by rohitanand14 1

2007-03-09 01:36:05 · 14 answers · asked by Melanie A 1

I have debt from about 4 years ago. I just checked my credit report and none of it is on there. I havnt heard from these companies at all. Is there a time that they have? they cant just keep my debt and pop up at any time can they? Do they have a specific amount of time before they are not allowed to report it to my credit report?
ps. I live in canada.
Please help me I am so confused.

2007-03-09 00:55:07 · 4 answers · asked by Anonymous

2007-03-09 00:41:52 · 7 answers · asked by muckdave 1

my mother has never had a car and she just received a letter from a company representing Honda, for not paying... but my mother doesnt have a car. Called the 1800 and they say the loan is in her name and they cant help me, told me to call Honda, what Honda we dont even know what the bill is about? we know they the payoff is 22k... where do we go from here?

2007-03-09 00:17:39 · 6 answers · asked by Anonymous

I purchased two money orders on 03/01/2007. One for Chevron credit bank and the other one for Sprint pcs. I mailed both of them at the post office on 03/02/2007 aound 9a.m. I logged onto my Chevron account and they received my payment on 03/05/2007 (Concord, CA). Sprint on the other hand hasnt posted yet. It was sent to Dallas, TX. I cant believe 7 days later and no payment.

I called Sprint this morning and asked how long does it takes and the rep told me 7-10 days. I told her if my money order wasnt there by my due date of 03/12/2007 I was going to pay online and report the money order stolen. I have a gut feeling they are holding my payment to add late charges, but NOT Im too smart for that, I'll just pay online when the 12th gets here.

The reason I sent a money order is because I am trying despartely to get my credit cards down.

2007-03-08 23:24:15 · 4 answers · asked by tiannabooboo 3