Transfer credit card debt into another 0% credit card?

Question

I applied and received a letter stating that the process cannot go through due to same credit company but under a different name, the next day I recived my new credit card, but i don't want it now, If my card is not activated will it show on my credit report?

Answer 1

It varies sometimes based on the particular company...sometimes they report right away, sometimes they wait until you use it and a billing period elapses. Generally you cannot transfer debt from one card to another if the cards are with the same bank, but ask if you can receive balance transfer checks at the 0% rate that you can deposit into your bank account, then use the funds once the check clears to pay the balance on the other card (make sure that it is at the 0% rate and not the cash advance rate, which is much higher).

Answer 2

particularly good solutions Your subject isnt the debt, this is the way you handle your funds. while you're making 2600, your hire won't be ready to be via any skill 2200. What do you consume? motor vehicle coverage? Emergency cheap fees? .... First you're able to desire to shrink your hire via seven hundred or so. come across a good place that has each and every thing secure. once you pass to the food market have a funds. do no longer endulge or overspend. Open an oline cheap fees debts and positioned 20 for now each and each month. Dont say you cant, you could. AH btw, the certainty you have funds owed has no longer something to do with cheap fees.... you like extra funds, get an more advantageous interest, or a 2nd interest. in case you have no longer paid previous due interior the previous, so as to rescue that credit and do away with that debt you like an rather agressive plan. minimum money wont do, interest will consume them. Why in the international you pay lots on friggin hire??? Are you working a bussiness from which you're making all your funds??? if so you're able to desire to get one or 2 widespread jobs and shrink the hire money to proceed to exist. think you like month-to-month 850 a month for hire (utilities secure) this may well be even seven hundred. 80 a month for foodstuff, asumming you know a thank you to cook dinner and strech the dollar. one hundred thirty for motor vehicle coverage, = spotty credit 60 = cellular telephone 2 hundred miscelanous fees = gas, and so on a month = total 1260 a month to stay. if your interest provides 2600, wich is approximately 20 an hour, and you get a factor time for 10/h that provide you with at leasts 1000 dollars extra suitable, that must be 3600 a month - 1200 = 2400 to pay on your funds owed You owe = 30890, Your debt to credit ratio sucks so which you cant ask for extra. forget approximately approximately 0 % delivers. So, Pay those 1300 first without warning to strengthen your credit a sprint. Then pay the different enjoying cards. do no longer INCURR ANY NEW DEBT. in one 12 months you should be debt loose = 30890/2400 = 12.87 = one eyar aprox.... in case you additionally could make further funds or borrow out of your mom and dad you're inspired to realize this.

Answer 3

Probably not, but just to be safe, write them a letter canceling the account. The card may not be activated, but I'm pretty sure the account will still show on your credit report. They need to have something in writing to cancel it, so that's probably what you should do.

Answer 4

As with any credit card, you have to use it for it to show up on your credit report.

Answer 5

That's a good question!

Answer 6

If its not activated, then it will only show as you just applied for a card.
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Answer 7

Would like to know more about this too