Credit - August 2007

i have bad credit. i finally got a credit card and can start earning my credit. i've been told two seperate stories regarding paying for my credit cards payments to earn those credits.

i was told the 1. if i make monthly payments and not pay my balance (although i have to pay to stupid finance charges), that's a way to earn credit. so i was told to do that for 6 months to a year and my credit will improve

the second one i was told was that i HAVE to pay my cc bills in full EVERY month in order to get better credit ratings. and also to avoid finance charges.

so which one is correct??

1. make monthly payments, have a balance, and pay finance charges?

or

2. pay my cc bills in full every month and not get charged on interests

2007-08-06 03:37:53 · 13 answers · asked by Shrimpboat 3

2007-08-06 03:09:09 · 18 answers · asked by TD 3

There are 2 different companies showing up on my credit report for the same debt. I disputed it with each of the 3 report bureaus but they all came back & said that the debt was verified. Should it be on there twice? I want to pay it off but I don't know who to pay.

2007-08-06 02:46:25 · 5 answers · asked by Cheyenne 4

im a filipino and i wanna study in usa.my aunt is a citizen there.

2007-08-06 00:02:41 · 2 answers · asked by shainess 1

Well, I was on ebay, this lady had a listing of a walmart gift card, she supposibly had an extra card worth $500 and was selling for $270. I emailed her outside ebay and set up payment through greendot moneypak. I sent her the code for the reloadable code, which I regret and then was waiting for her to email me back. Within 8 hours or that moment she closed down her ebay account. She said she was going to email me back right away. 2 days later she said she sent it and gave me a phoney tracking #, obvioustly it didnt work and I have no way of getting in contact with her. She scammed me and now I want to hunt her down to get my money back. Here is her contact info, name VICKKI CULVER - AS OF 2003 AGE 34. CITY AS OF 2003: OIL CITY, PENNSYLVANIA. PHONE NUMBER AS OF 2003-(814) 676-2010 ADDRESS AS OF 2003-406 4TH STREET If anybody knows her or can lead me to track her down, I would appreciate that. Or any ideas that can help me find current info about her so I can get my $ she stole

2007-08-05 21:55:00 · 11 answers · asked by Tyler F 2

My mail id is sitamkarpak@yahoo.com. I recieved a statement from uk that I have won a lottery prize. Please keep it in Chennai bank?The time is only two more weeks within which the amount is betaken to my Name in Chennai Banks situated in India?

2007-08-05 20:15:54 · 4 answers · asked by sitamkarpak 1

I have heard that collection agencies can renew you're debt to credit bureus so that, essentially, what should come off after 7 years can never come off if the agency continues to renew it before each 7 year mark. What can you do to ensure that old debts come off when they should?

2007-08-05 16:04:24 · 8 answers · asked by Anonymous

If I deposit a check into US Bank on a monday morning at say 9, how long should it take until I can use that money on my check card?

2007-08-05 15:19:24 · 9 answers · asked by lightupthesky9 1

2007-08-05 15:11:19 · 6 answers · asked by ikleyman0606 2

It seems all answers on this are very unintelligent but maybe someone out there will know and not just answer just to answer. I have a great opportunity to get in a up and coming company. The problem is I am only 24 and while I make decent money and have good credit I don't know who much I think I can get a loan for. Is it unreasonable for me to get a loan for about 500,000 that I can easily pay pack in 3 years? What are some of my options? Any INTELLIGENT answers out there???

2007-08-05 13:56:03 · 4 answers · asked by chrissmcguiree 2

is 704 a good score for a 20 year old...im new to this whole financial thing, and im lookin to buy my first house when i turn 22. All my bills are perfect without a later payment ever. also i have 7000 saved so far would it be a good idea to put it in a high yield savings account since im only gonna be saving for another 2 years.

2007-08-05 13:27:35 · 5 answers · asked by greenman 4

2007-08-05 13:16:17 · 12 answers · asked by pamens88 1

When i was 17 i forgot to pay a couple of bills which was placed on my credit is this possible? the charges started in january i was 17 my birthday was in may and the debt was put on my account in october. Shouldnt this be taken of my credit since i was only 17 when the charges were incurred?

2007-08-05 13:11:55 · 4 answers · asked by pamens88 1

ok so i want to cancel my cc do i have to pay it off in one shot or can i call cancel and make payments to it

2007-08-05 13:01:56 · 9 answers · asked by Anonymous

2007-08-05 12:57:02 · 10 answers · asked by anand_bbb 1

I'm currently in school and don't need to start paying on my student loan until six month after i'm finish school, my credit score is not too bad "700 " but i tried to get a loan and noone would approve me because of my student loan. I owe on a few credit cards, i make my payment on time and i don't owe alot of money on them.
Should my student loans already be affecting my credit even though i don't owe them as yet?

2007-08-05 12:44:27 · 6 answers · asked by redhead 2

Does Opting Out of “prescreened” offers by Credit Cards companies, by sending a letter to three Credit Bureaus asking them not to send more pre-qualified products affects your credit score?

2007-08-05 10:44:03 · 13 answers · asked by Anonymous

I paid off a debt in full and I was told by the collector that no one would know about the debt after it was paid, but it is still on my credit report. It has been over 6 months.

2007-08-05 10:27:41 · 13 answers · asked by skedmo 1

i have medical bills from early this year and it totals to $6000, should i put them on my existing card or get another one? because the first one has $1000 spending limit. what do you think?

2007-08-05 09:49:28 · 13 answers · asked by Anonymous

I know they have a separate card called the Sony Student Card, so I was wondering if it was possible for students to get the normal Sony Card.

2007-08-05 07:47:20 · 1 answers · asked by Haruhi 1

I'd like to take out a loan to pay for a holiday to Australia next year with some friends. I need about £2000.

Unfortunately I have a really bad credit rating, after living off credit cards a few years ago while unemployed, and not being able to pay them back at the time.

Those debts are long since paid off and I have had a reasonably well paid, stable job for the last three years, so I would have no problem keeping up any repayments. However, I'm still being refused even the most basic credit cards and store cards, and my bank recently refused to increase my overdraft, which isn't exactly generous as it is.

Can anyone tell me how I should go about getting this loan, or getting a credit card?

Also, if it would make it easier, my parents say they would be willing to act as guarantors; how does this work?

2007-08-05 07:38:02 · 10 answers · asked by Anonymous

i lost over $198K trading options. this money did not belong to me. A position blew up, my friend loaned me money and then there was another blowup. I am 25. I earn $50K per year. I obviously must do something to make this money back asap.

I may switch jobs to one where i can earn $90K in year 1, $100K in year 2, $120K approx in year 3., etc, etc.. THis job would be in a hedge fund. OR I can take a job as a daytrader (fulltime) and try to make it back slowly,

QUESTIONS> IS my situation hopeless? Is it possible to correct? I am getting married shortly . wife wont work for at least two more years.

What can i do to help my situation?? What job should i take? What can i do to not get depressed?

I have two basic loans: 1) is for $95K - I must pay $800 per month. this is to a family friend.

2) the second loan is for $85K ,and my friend wants this $85K asap.

How the hell do i get him the $85K ???

I have a series 7,63,24,66 and life/health insurance licenses.

2007-08-05 07:21:23 · 12 answers · asked by Afi K 1

I have a Cap one Card, with a 700 balance, I plan on have that paid off by this december. I also have an 1500 0% apr card, I was wondering if I could pay my cap one card with my 0% card, and avoid the apr. But I don't want do a balance transfer, I wanted to do it this way to avoid, the bt fee. Is it possible?

Next question, I need a few school supplies, books, dorm materials, I was wondering to use another card, knowing I would have it too paid off by december. About my books, I get a stipiend(spelling), I was thinking of buying the books ahead of time, and using the stipiend(spelling) to pay it off whent the bill comes in, Does this should like a good idea?

I also have to pay 170 for tution, that loans, and federal aid didn't cover, with my cc. I will have all this paid off my december, or january the latest. I'm positive of it. So what do you think?

2007-08-05 07:09:44 · 8 answers · asked by ArchAngel Raziel 2

Can a lawyer help?

2007-08-05 06:44:53 · 5 answers · asked by Anonymous

seem quite sinister?

2007-08-05 06:04:07 · 5 answers · asked by Anonymous

Come on. Has anyone out there done this recently without paying over 10 grand in closing to some greedy mortgage broker or bank?! I have good credit. I just need to reduce my mortgage payment to about $1000. It's currently at $1500. I could do interest only as I don't plan on staying in the house longer than the next 10 years. TIA for any help!

2007-08-05 06:03:43 · 4 answers · asked by Anonymous

My Credit Report always comes back good, except for that EQUIFAX company! They keep stating that applicant is DECEASED! Crazy. NOT TRUE. Any advise - PLEASE??

2007-08-05 05:50:56 · 8 answers · asked by Allen and Darlene K 1

2007-08-05 05:50:37 · 4 answers · asked by momma t 2

I have a (really) bad credit score. I earned it in the late 90s (right after graduating college '97 - '99). Seven years have gone by but nothing has dropped off. I realize I need to start writing all the letters to the credit reporting agencies and get it updated and accurate. But I wanted to see if there were any companies out there that would write the letters and "fight the battle" to get my credit report updated and corrected. The normal credit repair companies are not really helpful as I am looking to have outdated items removed versus consolidation or payoffs.

Any advice?

Thank you!!

2007-08-05 04:50:54 · 5 answers · asked by T C 1

A person's credit score now days determines what they can and can't own anymore, and the way it works is compltely backwards, a person that has hardly any debt at all will be pentalized verses a person that is in debt up to the neck, doesn't make since.. I sold a house once and decided to pay off three credit cards I had at the time, and some other bills, so I did and then went out to buy another House, well my credit score dropped like 200 points almost after selling my House and paying those bills off, so I had a hard time getting a Home Loan after that. I just don't think your life should be ran by a company that no one knows anything about (actually 3 companies) I just think it should be against the law for them to sell your credit history and make money on your behalf, and most of the time alot of there info is wrong and most people don't even know it.

2007-08-05 03:54:59 · 14 answers · asked by Carol 4 1