 First credit card selection advice? |
| Hi. I'm a college Student. Currently looking to start building up my credit. I'm going to apply for a credit card here shortly and was wondering if anyone had any advice on any particular ... |
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 What do you do when you actually try to work with a creditor and they say no?? |
| i recently lost my job, and i called my main credit card (with the biggest balance and biggest minimum payment) to try and get them to break up my payment (i couldn't pay it last month, around ... |
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 I lost my debit card. I want to buy something online. How do I find out my number? |
| I lost my debit card. I want to buy something online. How do I find out my number?... |
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 Credit Card Debt..Are you in it?? |
| I know that my wife and I are paying out from under it right now and its difficult. I think that if you ask most people, they are probably ALL in some credit card debt! So... What about you?... |
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 How would you pay this debt. Advice Please!!? |
| I just received a check for my stock that is $3,700.00. Im 22 and want to improve my credit enough to get a loan in about a year to go to flight school about $40,000. My "plus" credit ... |
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 I really messed up, credit score is 504 and I really want to fix it but have no idea how or where to start? |
| I have 3 accounts that show as - bad debt, written off with an outstanding balance. Do I pay them, what can I do to get my credit life back on track or am I screwed forever can I ever recover from ... |
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 Need an emergency loan to pay for move in costs? |
| I'm recently seperated from my wife and we're getting a divorce. She kicked me out of our apt, and I'm at a friends. I can't stay here forever. I need at least $5000 for move in ... |
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 Bill consoladation,pro's and cons? |
| I'm a single mom with good credit standing. the problem is I have too many cards and my spending has gotten out of hand. I'm not in collections but my whole paycheck goes to these bills. I&#... |
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 Does anyone know where I can a $7000.00 loan from maybe a private lender? |
| I am trying to build my credit so i ca nt go through the bank and I am desperate. I need this money for my fathers ... |
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 Credit card debt? |
What happens if you just don't pay your credit cards and don't declare banruptsy..besides ruin your credit..what can they do to you?
Additional Details
My friend has 150K in CC ... |
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 How much credit for a home loan? |
| I am wondering how much credit I have to have in order to get a decent home loan. I only have one credit card. I pay it off on time and in full. I have spent maybe about $6,000 on it. I also had one ... |
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 How can I stop a bill collector from calling me? |
| This debt is 10 yrs old, so it is past the statute of limitations. It is not on my credit report, yet I wish the phone calls would just stop. Is there a way to do this, or sue them to stop?... |
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 Credit Card and Credit Report help! |
| I need some help with my current situation. Im 19 and I applied for 1 credit card when I turned 18 through Bank of America. I was really responsible with it, only making necessary purchases, paying ... |
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 Will my credit be affected? |
| I have a Credit One credit card with a $200 credit limit on it. The bill is due tomorrow (Wednesday, July 19) but I just mailed out the payment today. Will my credit be affected by them receiving it ... |
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brian t | Bad credit. Loads of people who post on here have "bad credit"? |
is it time for the banks to be forced into being more restrictive in their lending? They seem to lend to loads of people who are likely to default on loans and then put up charges for those who do not default. Also should STORE CARDS that charge obscene rates of interest be restricted? I was in BHS yesterday, paying cash, and had the offer of store card without asking for it. If the govt. wanted they could force stores to charge £30 for these cards, which would cut back on the issue of credit to those who cannot afford it. |
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katewearsconran
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I think the staff in store are obviously on commission to get you to sign up for a card, usually with the 'lure' of 10% off. I agree they should be more restricted, but what I am fed up with is people that get into debt winging and complaining that the credit companies forced them into it. Yeah, right. Not the credit company's fault you wanted the item there and then and didn't want to wait. It's a bit about being a grown up, isn't it? |
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p_harveyuk
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lets remember that people should not live beyond their means......its not all the banks fault |
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GUS
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Spoken like a true socialist. Let's look to the government for an answer. Don't blame the people with the bad credit, blame the companies that offer the service. Wait on the government to save us from ourselves.
The market will, in time, take care of the lenders that loan money to bad credit risks by forcing them to change/adapt or possibly even go out of business. The lenders that don't charge the high rates and fees will eventually have all the good customers and the others will be forced to leave the market or change their ways.
I personally use only one credit card for emergencies and no store cards with their high rates. If everyone did this then the lenders would have to find another way to earn their money. |
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gmayo81
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Its sods law, they offer you credit on a store card when you dont need it. But as soon as you go into your bank and ask for a loan for something sensible like buying a car or setting up a business they wont let you have it! |
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dels replies
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There is so much money made from interest and administration charges on overdrafts,loans,credit cards,store cards that the financial people urge us to continually borrow more and more to keep the money rolling in to ever higher and higher profits.Nobody is going to worry about the people that are seriously in debt.The trend is for them to get badly into debt then get offered loans at much higher terms. The financial people are not worried if the person is in debt for the rest of their life.They will probably recoup their money from the estate when the person dies.At the end of the day the only person who can control this is the individual who refuses to be in debt and does not borrow,have credit cards,store cards or overdrafts or bank loans.The only thing they possibly allow is the mortgage on their house, and they make sure that the payments on this are up to date.It is called good financial management and people must live within their means. If you don't earn the money ,you can't have the item or the holiday. You have to do without.We don't all earn the same so we can't all have the same, but a lot of people won't accept this. They want what other people have, whether they can afford it or not and that is where the problem lies. |
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morgan
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The banks should be more responsible in lending and as for store cards yes they should go altogether along with credit cards the only ones we should have are debit cards or good old fashion cash
I think a lot of us are paying for people who have gotten out of control and can not or will not pay their way |
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RM
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If I'm an adult, I'm expected to be responsible for my own actions. If I manage to wrangle a loan out of a bank, or a store card out of a company, I have only myself to blame if I don't keep up the repayments. I don't think I can blame the lending institutions if I'm in denial about my spending habits...
I hate the thought of owing money to anyone, and am currently in need of a major cash injection into my house. I've spent the last hour figuring out how to do it without taking out a loan, and have just settled on the ways and means - basically, not doing it all at once, and using savings plus dedicated amounts of my pay cheques for the next four or five months. Trouble is, I think many people just apply straightaway for the loan option, and don't even really think about it. Add to that a little overspending on the credit card, and you're already on a slippery slope.
No, I don't think the banks should change anything, I think people should be more responsible. |
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S Csparky
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i agree with you ..!! |
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Stephen A
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Yes I agree , but banks make money out of debt , untill that stops they will carry on letting people get into debt. |
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