 HELP!!! My delivery has not come after 25 days!? |
| I ordered a pool table on the 8th december from www.kvoot.com and i was told it would take between 1 and 10 days to arrive. It has now been 25 and I have already emailed them after 21 days with no ... |
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 Does your credit score go down if you make a big purchase like a car? |
| I was told that since I made a big purchase..ie..my car and also co-signing for my daughter, my credit scores will go down..is this true??... |
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 Can you use a home equity loan for something other than a home? |
| I need a loan & some people had suggested I look into this because of the lower interest rates, instead of using high interest (not to mention EVIL) credit cards. But it's not for a home &... |
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 Never ending credit card debt? |
| Been about 3-4 years of having credit cards and I spent a lot on getting my car fixed, college tuition, payments and what not. I have 4 now and a total credit limit of about 9000. I am maxed out on ... |
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 Someone stole my credit identity and got 500 Quid cash from my account. How do they do that? |
I still have my card. Nobody apart from my card provider knows my PIN (not even me) as I never use this card for drawing cash. The cash was drawn from a town I have never visited.
I think I... |
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 Reasons why to use cash instead of credit cards? |
| I have to write perswasive essay on why to use cash instead of credit cards. Please help and give me some ideas.... |
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 I need help , I'm bankrupt!!!? |
| Ok I made a series of financial blunders. I earn around 30k, but I owe about $150k in student loans and a $50k mortgage, how do I get out of this jam?It seems at the end of the month I have nothing ... |
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 Why is there so much debt about these days? |
Yes it would be nice to have a £35 grand bmw stood on my drive. But I cant afford one so I do without. Why does everyone seem to live beyond there means these days?
Additional Details
FI... |
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 A question about a credit card payment? |
| I carry 1 Visa, which right now has about a $350 balance on it. I only make the minimum $10 a month payment on it, but it seems like the balance never goes down? I thought that you could continually ... |
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 Are prepaid Credit Cards a good way to begin to establish credit? |
| My friend has almost no credit history and was wondering where to begin.... |
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 Credit score? |
| I just got my credit card about a 2 months ago, im 18 and dont EVER want to make a mistake . my max is $500 and ive been told that keeping it at half is good and not like use up most of it. well i ... |
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 How do i pay off my debt? |
| I have about 3000 in credit card debt (very high interest rates!) , and 8000 in car payments. What can i do? I hear loan consildation thrown around but i dont understand that. What are other ... |
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 If someone is refused credit for a credit card, and applies for credit for a laptop (on 0% finance for a year) |
Is it likely they will get refused again for that? I mean, will it definitely happen?
Has anyone been refused credit for one thing then accepted for another soon after that?... |
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 Can you purchase a car with a credit card? |
| This may seem like a stupid question but I have a credit card with a 3.99% interest rate and I want to purchase a car with this card. My limit is very high. Does anyone know if this is possible?... |
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 Hi. Looking for a car loan. Bad credit history.? |
I have been offered a loan for £5800, and over four years i will be paying back over £12000! (Accept car credit)
Does anyone know of anywhere else?
Additional Details
Sorry, i ... |
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GUILLERMO | Auto insurance ran my credit several times is this bad for my credit rating? |
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coreys1247
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Yes but inquiries are easy to remove.
Use the letter in the free credit repair kit on this website.
http://www.expert-credit-advice.com/free_credit_repair.htm |
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trigam41
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Superstar is absolutely incorrect.
Yes, multiple queries can affect your credit score, but it depends on the type of queries.
If you have multiple queries from credit card companies, it will look like you're trying to acquire a large amount of credit. This will hurt your score.
If you have multiple queries from auto finance companies, it will look like you're shopping for the best rate. This makes you a more informed customer (and a better risk). Multiple auto queries in a short period of time does not hurt your credit score.
Multiple queries from the same insurance company in a short period of time also don't indicate that you are trying to acquire a large amount of credit.
Yes, you should read the fine print on your applications, and then contact the insurance company regarding the inquiries.
But, I wouldn't worry too much about your score. It won't be affected as much as you think. |
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ericrop2000
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yes if youre bad driver your higher at risk |
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Ron@InsureMe
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Does "rate shopping." cause multiple inquiries on my credit?
Looking for a mortgage or auto insurance may cause multiple lenders to request your credit report. To compensate for this, the score ignores all auto insurance inquiries made in the 30 days prior to scoring. So if you find insurance within 30 days, the inquiries won't affect your score while you're rate shopping. In addition, the score looks on your credit report for insurance inquiries older than 30 days. If it finds some, it counts all those inquiries that fall in a typical shopping period as just one inquiry when determining your score.
For FICO scores calculated from older versions of the scoring formula, this shopping period is any 14 day span. For FICO scores calculated from the newest versions of the scoring formula, this shopping period is any 45 day span. Each lender chooses which version of the FICO scoring formula it wants the credit reporting agency to use to calculate your FICO score.
To assure that your "rate shopping" falls within the 30 day period I would suggest an online quoting service that gives you multiple quotes at once such as InsureMe - http://www.insureme.com/landing.aspx?Refby=614506&Type=auto
Ron @ InsureMe |
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STEVEN F
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To add to trigam41's answer, an inquiry by an insurance company 'should' be classified as a 'soft inquiry' and not be considered in computing your credit score. 'Hard Inquiries', those related to applying for credit are the ones that affect your score. BTW a 'self inquiry' is not even listed on your report. |
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j_slyfield
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If it's the same company thats doing the queries, it should not affect it at all.
Say like you have a credit card from Bank of America. More than likely, BofA will check your credit regularly. But these inquiries will not affect your credit report. Only the initial query will affect it. |
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jeanjean
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yes i guess the more your credit is checked the lower it gets. i dont know why but it does. crazy huh? |
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Mariposa
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Yes and for your insurance costs if your credit score is low. Each time a check is ran, points are deducted (unless the inquires are for the same reason and within 14 days of each other). Insurance companies claim there is a link between lower credit scores and people who submit insurance claims, so if your score is low, many insurance companies put you in a higher insurance risk category. Not real fair, but legal. |
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tangela
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yes it makes your credit score worse each and every time they check it!!! |
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Odessa R
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points are taken off every time a credit check is done ! so your lowering your score !! |
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saulg21
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It'll raise a few eyebrows next time you renew or go with another company. Read the fine print next time you go get insurance.Some might make it appear like you're a bad risk. |
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TIMOTHY D L
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These rating companies should be outlawed. They manipulate the records and cause problem for even the best people. |
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superstar_81882
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well, kind of. Part of your credit report and credit scoring relies on "inquiries" meaning how many times you have been considered for credit. Too many inquiries may indicate that you are trying to take on too much credit debt. Inquiries stay on your credit record for a couple of years and they negatively effect your score, but not drastically. I learned this the hard way though when shopping for car financing recently for myself. I applied through several finance companies to shop for the best rate possible, then got a credit report a couple months later that indicated that these "inquiries" were hurting my score minorly. |
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