 Couple of questions....? |
| I don't know anything about loans. All I know is my boyfriend has a ton of debt. All his loans, credit card bills and his truck plus my student loan comes to about 27,000 dollars... i'm ... |
|
 Which credit card gives you the best rewards? |
| I tend to use one credit card to charge all my expenses each month and then pay it off at the end of the month. There are sooooo many credit cards out there and I was wondering which one gives the ... |
|
 Will I get a late charge for my capital one credit card? |
| my payment is due tommorow.and i put it in the mail yesterday however tommorow is a holiday.it is the first time it has happened.anyone know how much i will be charged.... |
|
 Son refuses to pay father for his car loan.? |
| My friend asked me for advice the other day and I wasn't sure what to tell him. His 21 yr old son bought a new car 6 months ago. His father had to co-sign the loan. The son agreed to make weekly ... |
|
 Will not paying off your credit card completely in a month hurt your credit score? |
I got my first credit card last year, I've used it a lot and got a few credit increases, and have paid it off in full at the end of every month.
However, this month I've spent ... |
|
 How do i get $4000 by April??!??! I really need it...? |
and i dont have a co signer or a loan
Additional Details
no co signer or ... |
|
 How bad can medical bills affect your credit?? |
| how bad can medical bills affect your credit? I was informed of a medical bill that has been reported. tell me the bad news.... |
|
 Who has to pay his father debt? |
My friend's dad is in jail since a couple of months. He owns some money in credit cards. Who will have to pay for the debt? Since obviously the father will be unable to pay
Additional D... |
|
 What is better a credit or a debit card? |
| mainly using it for online purchases and buying things like clothes, shoes, phones, etc...... |
|
 Aside from shopping convenience, what are other advantages of having a credit card today? |
| I intend to avail a credit card for myself. But before plunging in, i would like to know if i really need it. Is credit card a boon or bane?... |
|
 How come NO ONE will give me a loan or credit card when my credit rating is 652? Is it THAT bad? |
This is all so confusing.... I get declined wherever I apply for this stuff and nobody can help me and now I have all these inquiries on my report and.... UGH. Shoot me. =/
Why is it everyone ... |
|
 Pulled my credit and scores are 609equifax, 642transunion, 672experian. had 2 car loan 1- $28k and 1-$21k..? |
| paid off the $28k loan early last week (sold car) so now I only have 1 car loan at $21k. Wondered if that 609-equifax score might increase because of the $28k debt being removed. I need it to go ... |
|
 I have had a cash payment put into my bank account of £270 and it was not me or anyone I know. what do I do? |
I am not going to " steal" it but if someone has paid into my account by mistke will they get it back or will the bank keep it?
What do I do?... |
|
|  |
Craig D | Bed credit rating? |
i have defaulted on alot of credit in the past and entered a debt management scheme, i have now been paying my creditors for 3 years without any missed payments through the scheme, i will be finished soon and amwondering if as soon as i owe £0 and all accounts are closed will my credit file be cleared of the black marks etc. ? |
 |
 
Nicki C
 |
I'm not sure really, i thought that your credit got restored every six years away?? |
|
Christina E
 |
http://www.expert-credit-advice.com/affiliate/redir.php?id=118
free advice |
|
alatoruk
|
in a nutshell - no
your credit history file (that potentail lenders use to guage your suitability and risk) goes back 6 years. would you lend money to a friend if you knew they had borrowed of someone else then took ages to pay them back, i think not. lenders will be the same. until it drops off the end they will take it into account. thats not to say you wont be able to get credit, but the rates wont be as favourable.
be warned though. lnders use other files, including their own, so the people you owed the money too probably wont touch you with a bargepole disinfected at both ends.... |
|
jamesdean2002uk
|
ccj `s take 6 yrs to come off.........
MoneySavingExpert.com |
|
Amenda D
 |
Bad credit rating with you for next 6 year. but if you need loan in future then I think its easy for you. Some of the lender will able to provide you loans. so solve your present bad credit and then try to minimise your expenses and increase your saving. |
|
JD
 |
No, they won't. Many people mistakingly think that paying off debts will clear their credit and raise their scores. Unless you negotiate as part of your debt settlement to have the items deleted from your credit reports, they will sit there for up to 7 years. Even if they show a "settled debt" status, those black marks will still figure in the credit scoring equation and take your scores down. Plus, depending on the severity of the credit problems, you will be categorized in one of the "bad credit" scorecards, which will affect the weight of how your credit scores are determined. You can work to have the negative credit entries removed, which is the best way to raise your scores. You also need to start rebuilding your credit so the positive credit entries can help raise your scores. Don't go crazy applying for credit all over, start with a secured card with a lower limit and keep your balance low. There are also loan options available at many banks for credit rebuilding. The good news is that by paying off your debts, your work is now easier to get lenders to give you new credit. By spending some time cleaning up your credit reports, your credit scores will improve within months. |
|
Father Jake
|
It sounds like you have an IVA...?
I understand these arrangements run for 5 years, at which point you will have your debts written off.
At that point, it will be up to individual lenders to assess you for future risk, so you question is a bit of a 'how long is a piece of string' question!
AVI's are still fairly new to the finance industry, but I would anticipate there being a 'period of grace' after an arrangement ends before the individual is considered again for any significant level of credit. |
|
lilly.lydia
|
I thing, it will take 6 years to clear all your black marks. |
|
susan h
|
hi, bad credit rating stays with you for around 6 years...however you can ask for certificate of satisfaction from your creditors which you can then give to new creditors to prove you do pay. good luck |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 37 minutes(s) ago
| | | |
9 | 58 minutes(s) ago
| | | |
8 | 2 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
9 | 8 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
5 | 1 day(s) ago
| | | |
9 | 2 day(s) ago
| | | |
9 | 6 day(s) ago
| | | |
9 | 1 week(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
