 Would you like being a cashless society? |
Your money is now a credit accessed electronically everywhere you want or need to spend. Would you like it better? We are heading that direction.
Additional Details
wow, I was just ... |
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 Can a 14 years old boy can already get a credit card??? |
| can a 14 years old boy can already get a credit card like VISA, MASTERCARD and others...... |
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 What is the difference between secure and unsecured credit? |
| I hear about it all the time but really don't know the difference between the two. Could you also give some examples of both? Thanks for the help!... |
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 Advice on establishing credit? |
| I'll be 19 years old come May. I am a freshman in college and I have about $11,000 in the bank in stocks and other areas. It's making me some nice interest. My current job brings me about $7... |
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| Am I secretly the type of borrower creditors love? |
| I consume a lot and up to my armpits in debt. I always make my payments with the occasional late fee added on. I pay over 2000 in interest each month but I still get treated like a bytch by my ... |
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 Why can't I get a credit card? |
| I am 19 years old and a college student. I want to get a credit card to establish credit and to help later down the road in life (like a car or house). I don't have a job, but can pay for ... |
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 I'm thinking about filing for bankruptcy I maybe have about a little over $6000 in personal credit card debt |
| plus an auto loan I did for someone in 2002, my debt is more than my income. Does anyone know if it would make sense for me to file for such a small amount. I have already talk to a lawyer's ... |
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 I co-signed a car loan and now the friend went missing. I've made 3 of the car payments.? |
| I've got to get ahold of this car to sell or something. Once I find my "friend", how can I get the car away? Will the police help? Wondering what to do? I can't keep making these ... |
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 Can i sue a company that reported a $64,000 mortgage on my credit for 10 yrs that's not mine? |
| i have called the company but they have no record of me.its was reported from 1994-2003 now no one knows who made the ... |
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 Capital One refused me? |
| I was wondering. I applied for their CC a while ago and the letter stated the there is no info available or info missing from each of the credit agencies. Fair enough, I didn't have any credit. W... |
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 Do drug dealers accept credit cards? |
| Not everyone wants to use cash when they go buy there weekly stash of coke. Do drug dealers accept credit cards?... |
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 If i have £12,000 debt to credit cards. a £20,000 mortgage. And live in Scotland. Is going bankrubt an option? |
i don't want to lose my house. but don't want to spend next 3-4 years clearing C.card debt.(i'd like to reduce my mortgage instead.) thanks for any advice.
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 Washington Mutual Credit card? |
| hello, I got a mail with a credit card offer from Washington Mutual Bank, got online and got approved for a Visa Platinum with a $500.00 credit line. From what I've read it's a good card ... |
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 Can i have credit card of ICICI bank without opening account in the bank..? |
If yes, Does i need to have some security deposit..
If yes,, how much..... |
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 Are credit cards even necessary? |
| Do I need one? Why should I get one? Do I need one to buy a car? Can't I just save up? I have a savings account right now. Soon I will be getting a student checking account. I think I would ... |
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 Is it possible with somone with really bad credit to fincance/buy a new home? |
| Past bad credit due to divorce and other negative situations..now situation is better, good, stable job.... |
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 Is it true using more than 30% of your credit limit is bad? |
I heard this will affect something called your utilization rate and result in bad credit.
I have a $500 dollar limit on my capitalone card... How am I supposed to use only $150 a month? T... |
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Erin | Can't pay interest on credit cards - what happens if I don't? |
I have debt so extreme now that I can't pay the interest on my credit card bills. I used to have excellent credit (780!) two years ago, and then my life fell apart - husband trouble. What will happen if I stop paying the interest? Every time I pay 200 dollars to a card they charge me 100 in 'finance charges', so it is two steps forward one step back, and I feel as if this is no good at all, a waste of the little money I have got, that I need to feed the children. What will happen if I just stop paying the interest? I have no property of my own - there is nothing for anyone to take!
Additional Details
I don't have any wages for them to take. My husband left me with the kids. I haven't worked for twenty years; he told me I was useless and I lost all my confidence. |
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asif k
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You need to make BIG changes in your lifestyle. Visit your local credit counseling agency, they will be able to help. If you stop paying, your credit will be ruined and you will have to declare bankruptcy. Avoid it if you can at all. |
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Fara
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If you don't pay the interest then you will continue to owe more and more money.
I recommend listening to Dave Ramsey
http://www.daveramsey.com/radio/home/?strMode=listen
His show is live from 2-5 Eastern timezone
He has a good idea on how to manage debt, but your problem is not only your debt, but your amount of income. You will probably have to get a second job. I also recommend you call his show. |
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Colorado Girl
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There's no way you can skip the finance charges when you make your monthly payment to the credit card. Try calling your credit card company and see if you can get a lower interest rate. Meanwhile, try to get a credit card somewhere else, where they offer you a lower interest rate. Under NO circumstances ever, skip a payment. This will only ruin your credit and also cause an increase in interest rates, your number one enemy.
Be very careful when you look for promotional deals on credit cards as they may incur a fee when they pay your balance on your other card. Another detail to watch for is longetivity of the low interest rate. They are usually excellent for six months, unless you miss or skip a payment then you "breach" the promotional deal and i/r skykrockets, beware!
Going through the financial turmoil after a divorce is tough! be strong and you will come out a conqueror! Note, this is possible if you also make drastic changes in your spending habits. |
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Leroy S
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They could garnish your wages depending on which state you live in.
I believe there are different approaches to dealing with this:
1: Probably the best one is to call the creditors and try to work out something with them. see if they will lower you interest rate (or remove some of the charges), which will lower the finance charges. They would much rather take off some of the money than have you stop paying completely!
2: try to transfer the balance to a lower interest rate card. one of those "no interest for 6 months" deals would be good.
3: let it go to collections (by stop paying) and they may let you settle for 50-60% of the balance. this will ruin you credit though, but once you pay it off your credit will become better. If you stop paying and the balance is high enough, you may get sued..ouch. However, if faced with the choice of feeding your kids then the choice is obvious. |
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sexytrojan
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Gem,
See if you can sign up for a card with 0% interest on balance transfers for a year. Move as MUCH as you can to the new card and make no purchases on it. |
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watanake
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A credit card is unsecured debt. If you stop paying, you credit will be flushed down the toilet. They will turn your account over to collections. Then they usually will offer to settle for 40% to 60% of the total amount owed. If you do not pay up on the offer, they will write your account off as uncollectable debt. They cannot seize your property or garnish wages because the debt is unsecured. But they will harass you and then your credit will be very terrible. |
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steve m
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HI, My name is Steve I'm a Rep with Primerica, Member of Citi group we are a financial education group that educate on becoming Debt free and Financially Independent focusing on helping middle income families. Please just look at our web site and you can see for your self what we do and what we can do to help and show what you need to do to get your debt under control, thank you for your time.
www.primerica.com |
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anon in idaho
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Visit with your local credit counseling places or look online for help. One such website I know of is careonecredit.com. They help people with this kind of problem as they work with both you and the credit card companies.
Good Luck!! |
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hendy h
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dont do the mistake of not paying the interest on cr card as it would keep on adding to the principle amount....take a loan and pay it off fully and break the cc and throw in the dust bin |
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hightechchic
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You can't just stop paying the interest. If you're making payments, they'll apply it as they see fit.
If you're asking what happens if you stop making payments... they'll come after you. Even if you don't think you have anything to take, they can also garnish your wages. (And if you think you can't afford your payments now, you really don't want to see what they'll garnish!)
You could try calling them and asking them to work with you. Sometimes they will agree to drop the interest rates as long as you agree not to use the card anymore. Then much more of your payment would go toward the principal. (But if you make this agreement, do NOT use the card under ANY circumstances, or the deal becomes null and void.) |
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Noelle S
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Call the credit card companies and see if they will work with you. Good luck! |
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