Credit - December 2007

2007-12-28 13:26:10 · 5 answers · asked by Raiveran Rabbit 2

what if your under age and use your social security number to sign up for prepaid credit cards and own a store money on it...
since your under age they can put it under your credit report...
and one thing and lie about ur age on the account....!

2007-12-28 13:11:22 · 6 answers · asked by theCaRvEr65 2

I'm paying down all of my balances on my credit cards and 1 charges a $6 monthly fee and 1 charges an annual fee of $30 I think. The 1 that charges the monthly fee has the highest limit and the 1 that charges the annual fee has a very low interest. It seems like the cards with the highest interest have the highest limits. I still have other cards that have lower interest and their limits are lower. Should I still close those cards out after I get my condo?? My counselor told me not to close them now cause it will hurt my score..

2007-12-28 12:50:33 · 8 answers · asked by Cute T 1

2007-12-28 12:41:55 · 2 answers · asked by coy r 1

I was looking for ways to increase my credit score on Bank of America Privacy assist (it tells you how to improve your credit), and it said that if I pay off my 4 delinquent accounts (which add up to about $1,020) it will decrease my credit score by 20 points.

Why would paying off acounts decrease my score?

2007-12-28 12:31:06 · 4 answers · asked by kittytaylor55 2

I have about 10k in credit card debt, and I got a 10k line of credit consolidation loan. All my cards are 90-95% full. Should I dump everything into my line of credit or should I split it between all of them so that no one credit sourceis maxed out? Is it ok to max out one source of credit? THANKS!
BTW, I got the loan simply because I had high APR on my cards. This lets me save a bit of money. I had trouble with cards starting at school when i couldn't work....so now that i'm working i barely use them. I will not be running them so high ever again :)

2007-12-28 12:26:49 · 2 answers · asked by schmikaschmu 2

ok here is the thing about 1 year ago i was living in my own apartment and i had all my papers at my moms house ( social security and all other papers) and so a few months ago i was at my mothers house and the mail man gave me the mail and i saw a letter from chase it was a credit card bill , i never in my life had opened a chase C.C and it was 2,000 dollars in depth.I have called the company and they told me that they cant tell me any information because it went to depth collection, if i call the collection i know for a fact they wont believe me and they are going to give me problems.Now i know it has to be either my mother or my sister that did this to me, and i just want to find out what was bought so i could find out who did this to me

2007-12-28 11:59:45 · 6 answers · asked by Luna 1

on herbalhighs.com i ordered around $200 worth of things. they all shipped and right after they shipped the fraud department called my mom because of all the charges. My mom got very mad about all of the charges that i made so she called the credit card company and had them charge us back the money. Now herbalhighs.com has not actually received payment from me but the packages are on their way. what is going to happen now? am i going to have police at my door?

2007-12-28 10:58:03 · 13 answers · asked by Anonymous

2007-12-28 10:51:31 · 6 answers · asked by Anonymous

Has anyone ever actually been sued for nonpayment on a credit card?

2007-12-28 09:42:06 · 5 answers · asked by MARIE S 4

I'm recently unemployed, and can't pay even the minimum payments on my credit cards. If I send them 20 or 30$, is it true they wont report you to the credit agencies? I keep getting late fees for not paying the full amount, so will they report me as late?

2007-12-28 09:27:39 · 4 answers · asked by melaniemia7 2

My financial situation over the past 2 years has greatly improved. YAY!! but now I am at a crossroads. I have two large debts left to pay (2 cards. $1800 each). I have $5000 in savings to use. I liked the idea of holding on to the cash, just in case something like a car accident or some other catastrophie, but the prospect of being credit card debt free is awfully tempting. The $5000 is from my student loans, so I would have to pay it back anyway, but at least that won't begin for another 21 months. I know the money should be used to pay for classes, but I can always take out another loan, right?

What should I do?

2007-12-28 08:40:16 · 8 answers · asked by Anonymous

i heard it's a good practice to keep balance under 30% of credit limit, now is that per card or all your debts vs. all your credit cards limits added up together?
i'm curious whether it's better to transfer my balances so that it's under 30% per card.

also, is it true that as long as it's under 30%, it won't do a thing to your credit how much you owe?

2007-12-28 08:16:15 · 4 answers · asked by emaxima 1

2007-12-28 08:07:50 · 1 answers · asked by Anonymous

i know i know i was young stupid, naive, hardheaded, and just plaine dumb. i learn my lesson now and all i want to do is prepare for my future. why do i fell like im the only one in the world who got it this bad please help me.... thank you sooooo much!!!!

2007-12-28 08:04:50 · 21 answers · asked by ? 1

Under collections it appeared that it contacted me or was collecting from me in 2004, three years ago when I was 16 yrs. old and didnt' have any credit. I just want to know how can this happen?

2007-12-28 07:51:59 · 7 answers · asked by Anonymous

I'm 18 and I'm getting my first credit card. I'm enrolled in college. I just want the best credit card. I just need to start getting credit.

2007-12-28 07:46:59 · 15 answers · asked by Anonymous

What is your credit score. Be honest! Is your credit standing important to you?!?

2007-12-28 07:32:52 · 9 answers · asked by MissT 3

I work for the Walmart/Sam's club credit card. I hear complaints/compliments all day. What has been your experience with GE Money. Some things I can relate to.

2007-12-28 07:06:54 · 2 answers · asked by MissT 3

Has anyone heard that it is not a fraud?
Has anyone sent money in to sign up?

2007-12-28 06:53:11 · 5 answers · asked by wisperingwinds66 1

I received my credit report from all 3 agencies and the only delinquency listed is from an old checking account I had with Synovus Bank in 2005. What is confusing me is that on two of the reports it is listed as Amsher Collections Services/Synovus Bank and on the third report it is listed as simply Synovus Bank.

My first question is who should I contact regarding this...Amsher or Synovus?

Second, can someone give me a link to a good letter I could send to the creditor for validation of the debt?

Thank you all in advance.

2007-12-28 05:22:01 · 2 answers · asked by Crazyjester9 6

i tried all over the site. And i have done it before so I know your allowed to. I remember you just click on the link, and type in 2 types of codes....but I cant remember the important part, where is the link? So please help A.S.A.P
Thanks!
-Julia(jewels)

2007-12-28 05:12:47 · 3 answers · asked by Jamie 1

Taking out a 15k line of credit and using all of it and pay it down over time or maxing out a credit card with a 15k limit

2007-12-28 04:59:33 · 5 answers · asked by Tim6298 2

I have certain cards that I do not use much and concerned about internet secured transactions due to fraudeulent activities in last 2 months. I have no debt on all of them are fully paid on time. Some I have never used for years. If I cancel them and reduce amount of cards, does it hurt my credit report? any web site to look for more information?

2007-12-28 04:44:10 · 4 answers · asked by enjoy4fun 1

I have been online shopping for some years now, but I could have sworn that most stores will dispatch your items before debiting your account. I could be wrong, and maybe each store has their own policy. I bought something on CHristmas Eve, I havent received it, and havent been told when I can expect to receive it, but they have deducted it from my credit card.

2007-12-28 02:15:58 · 5 answers · asked by Chimera's Song 6

I have a temporary financial problem where a few of my payments are two behind. I am fortunate that I can pay them at the end of January, but all the companies are being quite aggressive and despite making promises of payment they say they are putting defaults against me. What harm can they do and when I have paid, how long before they are cleaned. ie can I pass a mobile phone credit check when I have paid my arrears

2007-12-27 21:25:41 · 5 answers · asked by royal 2

My friend was an authorized user (not joint) on his brothers credit card account. His brother ended up making late payments and then doing a settlement on this account. Unfortunately, the credit for my friend, the authorized user, was also affected. The settlement appears on 1 out of the 3 agencies...therefore, I wanted to know what is the best advice, or best letter to send to a credit reporting agency to get this issue resolved.....

I am not looking to give the issue to any CREDIT REPAIR company or any other services. I am looking for a Do-It Yourself approach. Thanks.

2007-12-27 16:39:03 · 4 answers · asked by damastarmind3 1

i have a capital one credit card.. and i recently realized how horrible of a credit card company they are so i want to close out my account with them.

i do have a balance with them though, but i was looking to transfer that balance onto my bank of america credit card and close out the capital one. But... closing out credit cards is bad for your credit, so what should i do?

2007-12-27 16:16:22 · 1 answers · asked by Anonymous

I never used my paypal for the last 7months and just this christmas(holiday) i bought 5 items on diff sellers on ebay like 10 bucks each items. I quickly paid it after using BUY IT NOW items and checked my status on ebay that's PENDING on 25th of xmas. And now its december 27th 8:30PM pacific time i checked my bank account online (not ebay) and paypal charged me all 5 items i ordered BUT when i looked on my ebay account on MY EBAY site my payment status still PENDING on paypal i dont understand it should said PAID or CLEARED right!. I tried to check all my accounts debit and credit card and its all updated and got some money in there too. why it take so long to cleared or paid the status of all my items on ebay. Im afraid of all sellers might say negative feedback for not paying them and but my bank deducted me already. is it gonna take 3 to 5 days to clear my payments? never happened that before when i used to buy on ebay long ago, just now. maybe i should contact-email the sellers.

2007-12-27 15:27:55 · 2 answers · asked by n.wii 1

1. im really tryna hide it from my parents.
2. i looked on www.rushcard.com and have no clue what they are talkin about!
3. i have no type of money card!

any help?
explain it to me like you explain it to a 5 year old! =]

best answer gets 10 points!

2007-12-27 15:21:28 · 7 answers · asked by Anonymous