to pay them all off. I succeeded in getting them all paid off except for 1, which I'm still paying on. Now I want to get a new credit card for purposes of improving my credit (paying on time, etc.) Now that I've gone through credit counseling and a debt management program to reduce my debt, what is the best way to convince the major credit card companies to trust you again with a new card?
2007-01-07 00:09:23 · 7 answers · asked by YAH IS GOD 2 in Business & Finance ➔ Credit
having credit cards is like playing with poisonous snakes......sooner or later,you will get bit.
history is a good teacher.....review your past habits and make a good decision here.
go to daveramsey.com and learn about debt-free living.
2007-01-07 00:18:59 · answer #1 · answered by jbme 5 · 0⤊ 0⤋
once you sign in for a credit card there are interest, overdue charge expenditures, and different penalities for non-charge. those expenditures are how the business enterprise makes money and continues to be in company. -- you probably did not persist with the words of the contract, so i don't be attentive to why you think of you do not might desire to pay something different than the money you spent. -- you don't get somebody else's money for unfastened. Why is it unreasonable for the business enterprise it fairly is owed the money would not prefer to barter with you? there is not any requirement that they take a lessor quantity that what you owe. the unique credit card business enterprise or collections business enterprise can use any or not one of the credit reporting agencies. So this debt not appearing on the TransUnion record does not propose something different than that record might desire to have an more desirable score because of the fact this transaction is lacking. you're incorrect with regards to the SOL. If there's a judgement, which there very almost actual is by using the fact that could be a credit card debt. The SOL to GET the judgement is the years which you're using. the actually timeline to get well the debt is 10 years in maximum states and an excellent variety of states have an automated renewel for yet another 10 years (two decades total). What you will possibly desire to do is study if there's a small claims judgement against you? Ask the collections business enterprise to deliver you this workplace work... provide them a particular timeline to get it to you -- 30days is sensible. -- in the event that they might't furnish the documentation, deliver yet another qualified letter asserting that because of the fact that they might't certify the judgement by contrast debt, you're actually not sensible for reimbursement.
2016-12-15 17:54:04 · answer #2 · answered by andie 4 · 0⤊ 0⤋
I once had a friend (about 10 years ago this was) who got into credit trouble. I'm not sure how he did it, but when he was ready for a credit card again, he got one issued to him...but the limit was like $750 or $1000. You may have to "prove" yourself with something like this before moving on to the ones with really high limits.
2007-01-07 02:01:38 · answer #3 · answered by CG 6 · 0⤊ 0⤋
Should probably try paying it off every month instead of paying minimum payment. And try not spending more than you have. I think lot of credit card companies will be eager to give you new cards. They do make lot of money from people like you. They'll try to get you hooked like people get hooked on tobacco products.
http://www.pbs.org/wgbh/pages/frontline/shows/credit/
2007-01-07 00:16:47 · answer #4 · answered by Anonymous · 1⤊ 0⤋
Pay off your last credit card and then drop me a line.
2007-01-07 06:43:27 · answer #5 · answered by Anonymous · 0⤊ 1⤋
Apply and you shall be rewarded.
2007-01-07 00:27:11 · answer #6 · answered by Bullwinkle 4 · 0⤊ 0⤋
I would say you don't have to convince them.
2007-01-07 00:11:01 · answer #7 · answered by Anonymous · 0⤊ 0⤋