Credit - August 2007

2007-08-05 02:44:54 · 4 answers · asked by ngc 1

2007-08-04 20:27:32 · 11 answers · asked by It's me! 2

... after you submit the application and the screen says "your application has been approved"... would it still be possible for the card issuer to review your application again and eventually decide not to open an account for you?

(My sister and I are having a disagreement about this, so please help us settle the issue. :) THANKS!)

2007-08-04 19:58:08 · 12 answers · asked by Anonymous

I did not sign up for "charge my account each month", I want it off, you send me a bill each month. you don't automatically charge my credit card each month, I'm furious. Suppose I've just paid my bills and your charge overdraws me? I and I alone pay my bills. you take that off my account or I'll find someone else to sponsor my website
Dana

2007-08-04 17:16:37 · 2 answers · asked by Dana F 1

I want to clear my credit up with any creditors that I may know...How do I do that?

2007-08-04 16:27:38 · 5 answers · asked by Tonya20 1

Hi! I have a friend who lives in California who lost his job three years ago. He stopped paying his credit cards coz he lost his job and now he has bad credit. Creditors have been calling him since. Can he go to jail for having bad credit on his credit cards? What should he do to fix this and get good credit again? His had good credit for 14 years. Thanks (Would love to hear from any lawyer out there who can answer me this questions)

2007-08-04 16:01:48 · 8 answers · asked by Anonymous

Sorry for a stupid question, but I am new to this. When someone checks your credit history, can he see exactly what you are paying for {in case of a bad history what you didn't pay for} or he only get the info whether you have good or bad credit history?

2007-08-04 15:50:31 · 9 answers · asked by Matahari 4

My husband and I both need new cars. We have an average credit rating. Will the 1st car purchase (we will have a down pymnt) make it harder for the 2nd car loan (w/ $4000 down & trade in worth $8,000)? Do you need to wait a few months or could we purchase both in the same month?

2007-08-04 15:38:04 · 6 answers · asked by STACEY 1

My mother's friend owes $16,000 on a credit card and the bank has been charging her 30 percent interest. Eventually she just refused to pay.

After months of threats the bank relented and offered her a five-year plan to pay off the debt at six percent interest.

She says that will simply be paying back the bank its 30 percent (in the total accrued so far) over a longer time. Plus, she can hardly afford the $325 monthly payments.

Her debt is more than 10 years old and she's payed back so far more than twice what she borrowed on the card.

She offered the bank 10 percent to call the account settled but they scoffed. She wonders, given that they did finally quit threatening her and made her an offer, are they likely to soften further if she holds her ground and prepares for bankruptcy?

Would the bank be likely to accept a counter offer from her of their five-year-plan on a lesser total amount?

How much would the bank get if they wrote off the account and sold the debt?

2007-08-04 15:20:04 · 6 answers · asked by king henry viii 2

i'm 18 years old and i just got one cridit card. after i bye somthing, should i pay them off or pay minimum amount?
for example:- if i buy somthing for $200 and i used my cridit card. and when they send me the bill, how should i pay them to keep my cridit good???

2007-08-04 15:17:00 · 4 answers · asked by Anonymous

I had a judment for garnishment a couple of years back, I don't remeber what year, but I'm scared to open up a bank account cause i know they can attack that, but what about if i load money into a prepaid card with my info on it (name,social)?

2007-08-04 14:34:55 · 3 answers · asked by Matty 1

I have a student credit card I recently got with my wells fargo bank with a limit of 3300....I just got it..now..if I use it when I normally use my debit card..and simply go online and transfer funds over to cover the balance the same day before interest is even piled on....will this help my credit? Even though I didn't even wait to pay off the debt?

2007-08-04 13:48:30 · 4 answers · asked by Anonymous

2007-08-04 13:25:48 · 7 answers · asked by Anonymous

I have pass due bills that are on my credit report so I am cleaning up my credit to get my score higher and get a credit card.

2007-08-04 11:19:51 · 4 answers · asked by C dot Bell 1

lets say i deposit the check satureday. how long does it take before i can use the money? instantly or do i have to wait couple days or i can use instantly? b/c I only have couple of dollars in the account and dont want to use it and get charge for overdraft.

2007-08-04 11:12:34 · 7 answers · asked by lonelysoul1988 2

I saw a new credit agncy called PRBC but I would like these positived accounts to be on the major reporting agencies that creditors actualy use to do credit checks.

2007-08-04 11:07:10 · 6 answers · asked by Anonymous

2007-08-04 10:41:08 · 7 answers · asked by Nicholas S 1

I applied for a student loan through GE Money, and I did not realize just how much money it would cost me in the long run to pay it off. It's like 80,000 for 20,000. I haven't cashed the check. Is it possible to cancel the whole affair is the funds have not been officially accessed? Am I likely to have to pay the "origination fee"?

Please, I need to know!!! GRRR.. Damnn the lenders!!

2007-08-04 10:30:34 · 6 answers · asked by Anonymous

THE SITES I HAVE GONE TO SAY IT'S FREE BUT IT'S NOT, THEY END UP ASKING FOR CREDIT NUMBER

2007-08-04 09:16:31 · 10 answers · asked by SKIPPY 1

2007-08-04 08:38:41 · 2 answers · asked by Depressed Champion 2

I was irresponsible when I was young, I allowed two credit cards go to collections, I was able to pay it off 3 years ago in full. Now it's biting me in the rear. (no big suprise there) i've been told by several people whats the point if you can't get off your credit report. Is there any way to get if off?

2007-08-04 08:27:44 · 5 answers · asked by j k 1

2007-08-04 06:58:42 · 13 answers · asked by gower2352 2

how do credit counseling agencies work exactly? if you have 4 credit cards totalimg $5,000 and each have minimum payments currently of approx $35 which barely covers interest, how can they help? do they charge to help? Should you only deal with so called non-profit groups?

2007-08-04 06:25:05 · 5 answers · asked by shadow 12 1

I had several accounts of debt that I was responsible for from the early to mid 90s. These debts consisted of a home ($120,000), a central heating/central air unit installed in the home ($15,000). A water softener system also installed in the home ($5000). Personal Loans - one was secured by household goods for $4000 and one was not - another $4000. And credit card debt for $850. I stopped paying these loans back in 1995 and stopped paying my credit card in 1997 because my debt exceeded my income. I could not take the house or the water softener or the central heating/air unit with me, so why pay for it. I get letters every once in a while from these people still trying to collect and I always ignore it. None of these items appear on my credit report, and I've been told that my credit report is excellent with a credit score of over 800. Can anyone tell me if these bill collectors can come after me for the balance owed almost 15 years ago?

2007-08-04 05:59:58 · 9 answers · asked by Richard_CA 4

I had several accounts of debt that I was responsible for from the early to mid 90s. These debts consisted of a home ($120,000), a central heating/central air unit installed in the home ($15,000). A water softener system also installed in the home ($5000). Personal Loans - one was secured by household goods for $4000 and one was not - another $4000. And credit card debt for $850. I stopped paying these loans back in 1995 and stopped paying my credit card in 1997 because my debt exceeded my income. I could not take the house or the water softener or the central heating/air unit with me, so why pay for it. I get letters every once in a while from these people still trying to collect and I always ignore it. None of these items appear on my credit report, and I've been told that my credit report is excellent with a credit score of over 800. Can anyone tell me if these bill collectors can come after me for the balance owed almost 15 years ago?

2007-08-04 05:59:15 · 2 answers · asked by Richard_CA 4

I am helping my best friend clear up her finances and she has many, many old collection notices on her credit report that are helping to drag her rating down. They are probably 4-7 years old. Do these ever fall off? Or get written off? It seems like they just keep transferring them to other agencies. She also has a Household Bank credit card in collections - should this be paid first or the old debt? She tried to make arrangements with the collection agency for Household but they wanted much more a month than she could give them, and they refused to make arrangements so right now they are getting nothing. Help - I am not sure where to start. :(

2007-08-04 04:36:45 · 9 answers · asked by Anonymous

i have applied for loan & if i dont pay EMI on given date what charges do i incur ? do i get any grace period or do bank people give some additional time to pay it ?

2007-08-04 03:54:57 · 2 answers · asked by kumar l 1

Sadly, I have an Orchard Bank Visa and an Orchard Bank Mastercard. I've had one of them for about 3 years, and the other for about 2 (Instead of giving credit limit increases, they give you another card, presumably in the hope that you will get more confused and miss payments and pay their fees!)... they both have $300 limits. (Haha, sad.)

The good news is, I guess I've been doing something right because I have recently been approved for a CC with a much lower APR and a $5,000.00 limit! (Yay.)

My question is - should I close the 2 OB CCs? They both have annual fees of $39, and they don't really contribute much to my "available credit." The only reason I would want to keep them open is because they contribute to my "history." My payment history has been spotless. How much would it really hurt my score to close these cards??? Should I just keep them open indefinitely and pay the annual fees???

2007-08-04 03:13:48 · 8 answers · asked by Anonymous

Ok I am in debt about 8000.00 my income had been decreased by 50% how do I pay this off at this point everything is behind and collections is calling. This is due to job lost

2007-08-04 03:09:18 · 14 answers · asked by Lakeiva Z 1

I recently filed bankruptcy. I have the option of keeping my car or surrending it. I am only behind one payment of $400. However, the car is a 2003 Nissan Altima with 75, 300 miles. It needs a little work: a tune up and an oxygen censor. It also has a lot of body damage, about $750. My interest rate is very high and I still owe $14, 212. I am scheduled to pay 56 more payments, another 4 years and eight months. Should I just surrender the car? I have about $3000 that I can use to buy a used car. I also live in a small city. I only live about three miles from my job and our city has a public transportation system I can use until I buy another car. I have to turn over the car immediately if I am going to. What should I do? I can afford to make the payments on the car. But, I think I should get rid of it and wait a year or two to get my credit better, it is currently 550, before financing another car. What do you think? I've made every payment on time, except one, in the 1 1/2 year.

2007-08-04 03:04:44 · 8 answers · asked by Anonymous