Credit - August 2007

i have a few collection accounts from when i was younger and over the last 6 months i have paid most of them off but i have a question about 2 of them they both say this
This item is scheduled to continue on record until Nov 2007.
what does this mean i would assume after nov 07 they will be wiped clear?? or not show up on my report but still affect the score?
if i would pay these would that mean since there was activity on the past due account they will redo everything and change the status to paid in full will be on record for 7 more yrs? and affect me longer than if i didnt pay it?

thanks

2007-08-17 04:40:40 · 6 answers · asked by Anonymous

He sent me an email notifying that I was chosen as one of the 50 recipients worldwide of a cash grant from LG Electronics in conjunction with the EU & the United Nations Organization (UNO). He instructed me to contact a bank or a security firm in the Netherlands, Falcon BV with address at Hostile 170, 1091AC Amsterdam and some guy named Mr. Anthony Rudolf with telephone no. +31-633-733-318 & fax no. +31-847 273 800. I have talked with this guy in the phone and assured me its legitimate and the money is kept in the bank under some kind of an escrow/suspense account and can't be transferred unless the recepient of this cash grant open an initial deposit of 1,500 euros as a personal account and then only the cash amount can be transferred to the personal account. Latest of his email instructed me to make a payment of 1,500 euros to any Western Union money transfer agent to activate my personal account and payable to Williams Tate of Falcon Bldg., Amsterdam, The Netherlands 1045.

2007-08-17 04:27:33 · 3 answers · asked by jameel sultan 1

I have 10 revolving & 3 installment accounts listed, 0 mortgage & 0 other {no student loans, no car loans, etc}. All 13 of my accounts are in good standing. Only 4 of the accounts are open accts & 9 are closed… with 0 currently past due & 0 negative account history. I’ve had 5 inquiries in the last 12 months. I have 4 credit cards – 2 Visa’s, 1 Mastercard, 1 dept store...totaling to $6590 in avail credit. Im never above $3400 used (abt 50%)
I was recently sent an approval for an AMEX green charge card. I have heard they are hard to get, & was considering getting it (only bc I thought it might ‘look’ good)... Wouldn’t charge much tho since it must be paid in full.
My question: I’ve never had any long term debt (ie student loan, car loan, mortgage)… should I co-sign on my fiancé’s car loan that he just opened? Will that raise my credit score since its long term debt (& YES it will always be paid on time)? Plz help! Score is 720 now, want 770 in 1yr! Will the AMEX 'look' good?

2007-08-17 04:05:34 · 13 answers · asked by NVmeInNYC 2

Need loan quickly, no scams, no up front fees need to be asked for. Have poor credit, need to pay smaller loans off, make one payment, lower. No credit councilors either.

2007-08-17 03:57:34 · 11 answers · asked by Nancy T 1

my limit just went up to abuot 1500 a month. but here is my Q.
If I bought something that was 1000 dollars and by the time the end of the month came up and i only paid the minimum amount or like 100 dollars a month to pay that off...would that mess up my credit? or should I only use my credit card to buy this 1000 dollar item if i have 1000 dollars in my bank? I mean whats the purpose of paying the "minimum amount" or a little higher.

2007-08-17 03:46:16 · 6 answers · asked by mdc2134 1

Do you go thru a bank? A specialist type company? What type of fees? Do they knock down some of your balances? Do they send you a check & you thereby payoff the balances (then just have the one single bill to this new creditor)? Or do they payoff the individual accounts - then merely send you a statement to begin paying? Do they require an asset of yours to apply the loan against (collateral) like IRA's?

Thanks for your help! Much appreciated!
=)

081707 9:30

2007-08-17 03:31:33 · 6 answers · asked by YRofTexas 6

That is, does checking your credit score show as an "inquiry" into your rating like when a creditor checks, thus lowering the score, or no? Thanks!

2007-08-17 03:30:47 · 7 answers · asked by Anonymous

I have a credit card which has an annual fee. I've paid off the balance and want to close it because I have another credit card with no annual fee. I've been told that if I close it, it will look bad on my credit. Is this true? Is it better to leave it open? I've been told that if you have $0 balance and leave it open, it's good for your credit. Just trying to get the truth!

2007-08-17 03:22:48 · 3 answers · asked by StraightBallin 1

I have 30-45 days and I have negotiated on some of my accounts already.

2007-08-17 03:14:44 · 8 answers · asked by adrgal 1

2007-08-16 23:35:22 · 10 answers · asked by heyheyhey 2

How long does it take to get a credit card in the mail after you apply online?

2007-08-16 21:37:13 · 2 answers · asked by Brian H 2

I'm only 20 yrs old, and i don't have a credit card. But, why is it that i went to this website for a free credit report: www.annualcreditreport.com, and "equifax" asked me a questionaire to validate if if was I who is requesting the credit report, and it asked me what mortgage do i have in 2000, 2004, 2007 and how much was in the mortgage for that year? What the H3LL ?!?!?. First of all, i have never even touched a credit card nor applied for any mortgage. What is going on here? When i answered "none of the above" to the questions, equifax was not able to give me my credit report. I wanted a credit report to see if it was still clean and unused. But, to find out i have a mortage? I really hope this isn't a matter of identity theft or fraud or whatever, because i care too much for my credit so i can get good things in my future. I don't know how this happened. Maybe, some person used my ss# or driver's license number. Will equifax charge a fee if i call them and verify ?

2007-08-16 18:39:44 · 4 answers · asked by Anonymous

I had a few judgements that were supposed to be removed from my credit report when I filed for chapter 7 bankruptcy, but 2 of them are still on there. How do I get these removed, like who do I contact. One I had contacted someone before and they said they were going to remove the item, yet they haven't and it is being reported on all 3 agencies which I am sure is bringing my score down. The other one is only on my experian, but it should have been removed once I declared bankrupcy right. There was also a collection that was never removed. All three of these items are on my discharge report and my report when I filed, so they should be gone right. Any info would be greatly appreciated.

2007-08-16 18:38:40 · 7 answers · asked by m 2

recently i got a mail from Orchard Bank, saying that i got a chance to have a Orchard Bank Gold Mastercard. What kind of card it is?? and what should i do to use this card if i get this card?? i only have Bank of America credit and debit card now, and what's the difference between the Orchard Bank Gold MasterCard and my Bank of America credit card??
thank you.

2007-08-16 18:22:51 · 8 answers · asked by Anonymous

I'm 18 years old and i don't own a credit card yet. But, i've been mailing job applications to apply for a job at a fast food restaurant. The applications require a ss #, so i decided to put it on there. But, i keep getting worried about my ss # and i feel really afraid that i have been putting my ss # on the job applications, now that identity theft and fraud issues have increased in this nation. So, i heard about annualcreditreport.com, and how they give you a once every 12 months credit check. So i decided to give it a try. But, when i typed in all my required informatio for the free credit report, the credit bureau i requested my credit report from has denied the request. It said that it may be due to credit freeze, non-matching information, and some other things. I suspect that it's the credit freeze. But i have never done anything with my credit yet, since i don't own a credit card. But my parents have control over my credit. Should i ask my parents if they freezed it ?

2007-08-16 17:59:56 · 4 answers · asked by Anonymous

I had a credit card which I lost track of after moving around every semester...with a $500 balance. 6 years after graduating, I get a knock on the door from a guy serving me with a lawsuit for $2500, I hadn't heard a thing about it the whole time. I settled with the lawyer before going to court, and as I have been told 3 times now by the firm that sued me, that it should not appear as a judgement on my credit report. However it does show up on my Equifax, not the other, and has absolutley killed my score. They investigated and claim its correct...any suggestions? Can I dispute a second time? Should I check with the county first to see what status they have?

2007-08-16 13:27:00 · 8 answers · asked by Mike 1

Once I get rid of the others I have, I want to just keep one credit card on hand for security and/or neccesity.

What's a good credit to have with a company that is not known for being terrible its customers?

Thanks :)

2007-08-16 12:28:57 · 4 answers · asked by Miss.Understanding 3

Is is too late for to add my name to my mom's credit card? Do I have up till the end of this month till the new FICO rule?
Thanks in advance.

2007-08-16 12:28:37 · 1 answers · asked by butikflair 2

Pay you're damn mortgage on time. Because of ppl like you, the US dollar is crashing and the US dollar will lost 50% of its value in a couple of years. And if you can't afford a mortgage, then dont get one!!!!!!!. Isn't there anything that can be done about this?

2007-08-16 12:22:47 · 6 answers · asked by Anonymous

2007-08-16 12:20:58 · 2 answers · asked by Robert A 1

Like 0% loans, higher credit limits, canceling annual fees, etc.?

It's a simple formula really that I've used over and over.

If you have a card with no or very little balance, and your overall credit is good, call that card and cancel.

They'll start offering you all kinds of perks to keep you on board, because it's Standard Operating Procedure (SOP). The cards know its much easier and cheaper to retain an existing customer than get a new one. You should do this with all your cards once a year.

My last time around, 1 card gave me $20k at 0% for 1 year with no transfer fee. Another gave me $24k at 0% for 10 months with a $75 fee. I put all that money into a high interest online savings account and made about $175, while using that money to make the monthly payments.

I'd bet they do the same for you to, maybe not with those dollar amounts, but the idea is the same. If they want to stick you with a fee, tell them they've got to waive it or cap it.

2007-08-16 12:03:38 · 4 answers · asked by Uncle Pennybags 7

I am curious what are the steps taken by a credit card Company when a person has not paid his bills? Can anyone tell me the steps from begining to end? Thank you

considering a person has no income at all...

2007-08-16 12:00:34 · 5 answers · asked by Anonymous

i have tried many is their someone out their that can help?

2007-08-16 11:54:47 · 9 answers · asked by lazydonkey 1

For example, Transunion has shown that I have been able to up my credit score by 100pts in the last 1 1/2 years, but Experian is showing a drop by a few points. Transunion says my credit is good, experian shows my credit is poor. How the hell can one be bad and one be good? I pay ALL bills on time and I always pay more than the minimums. I've even paid off a couple this year and I don't have much open. Can someone help me with this confusion?

2007-08-16 11:53:43 · 6 answers · asked by kamikazie_krys 2

2007-08-16 11:48:13 · 2 answers · asked by Robert A 1

What if a default judgement was entered on a bad credit card bill. Do you have to pay the whole amount at once as judgment was entered by the Judge? What if you have no income?

2007-08-16 11:39:31 · 6 answers · asked by Anonymous

if you only have 2 things on your credit, in collections, plus about 7 medical bills adding up to a total of $1600(for every thing on the credit)?

2007-08-16 11:37:15 · 4 answers · asked by saraann24 5

Should I close my very first credit card? I want to close it because they changed my APR and they added an annual fee last year and I just now noticed it because I don't use the card. I have no idea why they did this because I have great credit and my husband has excelllent credit. I've read about Capital One doing this to other people as well. Also, is it bad to close cards that you aren't using? We want to buy a house and we don't want to have too much available credit. How much is too much available? We have 2 AMEX, one with no limit and the other with a 10k limit, 2 Mastercards with 9k and 1 Visa 2k available. I also have 5 store cards. We only use 1-2 major cards at a time and we rotate so that they all get used. We have less than 4k total charged on the cards combined. I would close more of my store cards, but I've had those the longest. Would that hurt my credit score???

2007-08-16 11:32:37 · 7 answers · asked by Anonymous

my parents just got me a visa check card from the credit union. how do i use it at stores & restaurants?

2007-08-16 11:27:21 · 6 answers · asked by cabanacutie022 1

I mean is it REALLY bad..or is there hope? Thanks!

2007-08-16 11:22:11 · 11 answers · asked by Lacee 3