Credit - June 2007

2007-06-06 05:32:58 · 3 answers · asked by Anonymous

My credit limit is $5,000. If I send $10,000 to my credit card, can I charge more than $5,000 to my credit card without incurring any additional fees or charges?

I know there's going to be someone on here that says something to the effect of, "y dont u jst snd 500 dolars 2 th ppl u r goin 2 pay w/ ur cc? lolzorz". The answer is because I'm going to do no-interest balance transfers to my credit card, and I can't directly access that money without incurring fees.

Personal experience would be preferred, but anyone that knows for certain would be great to hear from.

Thanks!

2007-06-06 04:54:36 · 9 answers · asked by JordTeic 3

I bought a 4 wheeler, and a few months later I decided to sell it because it was just sitting in my garage. My in-laws asked my hubby if they could take over payments, and I said only if they make the payment on time each month. (My mother in law doesn't stay on top of things and they are often late on things.)

They agreed, but 6 out of 10 payments have been made late and I tell my husband to let them know that it is becoming a problem because it is looking bad on my credit, but he won't. He says he doesn't want to start problems, but I am to the point to where I am going to take care of the problem. What should I say and do about this? They act like the late charge isen't a big deal, but it looks bad on me!

2007-06-06 04:50:33 · 12 answers · asked by Jenna 4

Does having multiple credit cards help get you more credit? I have a college visa card, and I use it very often, but a friend told me I should use multiple credit cards to build more credit.

2007-06-06 04:37:36 · 12 answers · asked by Anonymous

2007-06-06 04:03:11 · 13 answers · asked by Sam T 1

I owed Mervyns $30.00 for some pants. They did'nt bill me for SEVEN MONTHS. Then when they did they tacked on over $200.00 in interest and "late" fees. Why am I supposed to give then $200.00 for their incompetency. It' not my job to remind them to bill me? Now these A holes have screwed up my credit rating FOR ME.

2007-06-06 03:32:28 · 2 answers · asked by Calgoseal 2

2007-06-05 23:13:13 · 7 answers · asked by msbelinda24 1

card fraud. Who would i approch on this matter. And how do i make sure that i will be paid generously for my efforts.

2007-06-05 21:57:28 · 6 answers · asked by Tee W 2

I have/had good credit, went 'little' overboard and now in US $300K in credit card debt, all of it invested in stock market which is now worth less than 10K. Even though I'm a professional and have a job,

To pay it all, it will take me 7 years if I were to just eat free air/water, sleep on the street, or at least 20 years by continuing my current life style.

Do I have any other options to get out of this mess?

File bankruptcy and then move to Canada, Europe or even run away to Montana leaving no change of address trail.

Any ideas???

Please help/advice

2007-06-05 19:48:35 · 3 answers · asked by Vamshi V 2

I had a credit card with a balance of $300 that unfortunetly did not get paid. The balance then rose to above $1000, however, that credit card company charged my account off and sold the debt to another company whom did not disclose to me any of their finance charges or terms of payment prior to taking me to court. Now they want to collect almost $1500 from me when the bought the account for an incredibaly lesser amount. If I go to court is there any way I can only pay them what they bought the account for plus the 9% interest they are charging instead of what the credit card company charged off? Or am I not obligated to pay this company because I did not originally owe the debt with them but with credit card company who charged it off and stopped pursueing me?.....PLEASE HELP! COURT IS ON THE 18th!

2007-06-05 17:44:31 · 5 answers · asked by viking165301 2

The account was in deliquent for 170 days I alredy pay it but it still on my credit report.

2007-06-05 17:38:11 · 5 answers · asked by Anonymous

2007-06-05 17:33:50 · 5 answers · asked by annie_lee 1

I saw a dentist in 2004. I had dental insurance and provided this information to the dental office. I never heard anything after that but changed dentists due to location.
I get a copy of my credit report last month and see there is a collection for this dentists office. I contact them direct and was told my insurance denied the claim. My coverage was active at the time of service conducted.
I called the insurance carrier and was told the dental office NEVER even submitted the claim to them. So, the dental office is going to submit the claim to the insurance now but says they still can charge me the fee that it cost them to turn it over to the collection agency.
i dont feel this is right because the $38 fee would never had to happen if the dental office had submitted the claim like they were supposed to. I was referred to this dental office by the insurance company's website so I know they accepted the insurance.
Is this a violation of the Fair Credit Reporting Act somehow?

2007-06-05 16:14:43 · 2 answers · asked by sekalyma 4

2007-06-05 15:53:15 · 6 answers · asked by SANDY L 1

2007-06-05 15:15:50 · 11 answers · asked by mpwelrw 1

Why is it so hard to believe that some people who are in debt didn't get there by being irresponsible? When people are asking for help sometimes it seems as if people are angry and judgemental when they post their answers. It just doesn't seem right. Sometimes things happen that are out of your control. Being in debt doesn't automatically mean that you are a horrible irresponsible person.

2007-06-05 14:10:54 · 8 answers · asked by 000000 2

Will paying off a car loan early decrease the total amount of interest paid?

2007-06-05 14:07:24 · 3 answers · asked by Anonymous

2007-06-05 13:51:50 · 6 answers · asked by Anxious one 1

I have heard of companies that can work on fixing your credit report and raising your score I just would prefer to do it legally if that's possible.

2007-06-05 13:38:46 · 5 answers · asked by 000000 2

I'd like to purchase a home some day and at right now my credit is not good (very not good) How can I fix this? and how long would it take for my credit score to rise?

2007-06-05 11:33:43 · 6 answers · asked by Hmmm? 2

It is is entirely free can you please please help me to download it. Step by step. Thanks a lot.

2007-06-05 11:23:58 · 10 answers · asked by Anonymous

the car loan guy said i should keep the loan for at least 18 months so that i can be approved for a house loan in the future. is this true? i think the APR on the car loan is too high which is why i want to pay it off as soon as possible.

2007-06-05 10:49:22 · 9 answers · asked by joe b 4

A decade ago the mortgage underwriting standards were pretty simple: 10% minimum down; P&I not to exceed 25% of your net income, 35% of your gross income.

Is anyone that does not meet these traditional metrics considered a sub-prime borougher?

Or is there some “new and improved” underwriting standard?

I’ve heard a number of different explanations about what a sub-prime borougher is. I’ve heard things like FICO scores below 600 or below 500. Or boroughers with a history for bankruptcy. I’ve heard boroughers that qualify on stated income.

I am just curious because it seems that this definition is key for estimating how deep the housing correction will be. If the definition hinges on the traditional underwriting standards, then there is a whole lot more correcting in the future.

2007-06-05 10:38:46 · 2 answers · asked by James H 5

2007-06-05 10:35:49 · 2 answers · asked by new 2 this 1

2007-06-05 10:34:42 · 4 answers · asked by ruaquietone 1

My understanding is there are 3 different companies which make money from the use of credit cards: The credit card company(eg Visa or Mastercard), the issuer (eg. a bank) and the processor. What is the breakdown for money paid for each of these services?

Also, do credit card companies issue cards directly (not thru a bank eg.)??

2007-06-05 10:10:23 · 2 answers · asked by KhrisB 3

Which bank would be the best to use just for getting money out and a savings account in Boise, IDAHO ?

2007-06-05 09:35:51 · 2 answers · asked by ajdin_bilajac 2

I recently filed a chapter 7 after having to have major surgery. I have tried to make payments on my bike but was told I couldnt by my attorney until the bankruptcy was filed. After I filed I called the loan company about my bike. They said to continue to make payments and that they would work with me. I made two payments and they decided not to work with me and they want me to surrender the bike. I have done a lot of changes to the bike do to an accident that I had on it. I have changed the motors, seat, bags and put some after market parts on it. My question is when I surrender it and it doesnt have orginal parts on it will what will happen? Will I owe money even though I filed a chapter 7 on the loan and is it legal for me to keep some of the extras that I put on it and give them as little of the bike back as possible. Like maybe just the frame and wheels?????

2007-06-05 09:26:18 · 7 answers · asked by HDCLASSIC05 1

I once was told it hurts your credit score when you close accounts. Is this true?

2007-06-05 08:53:50 · 15 answers · asked by Tracy F 1

Even after 7 yrs can they still garnish my wages. I live in California. Anyone know.

2007-06-05 08:12:43 · 8 answers · asked by liv 1