Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Credit
Finance Discussion Forum

 Keep 'em open or close them?
I got into some financial trouble in 2002, and ended up declaring bankruptcy in 2004. Ever since then I've tried to manage my debts carefully, build up my credit (it's at about 660-670 now)...


 What is cash advance credit limit on a credit card?
...


 Does any one know if getting a "pre-approved" credit card is noted as an inquiry on your credit report?
I keep receiving promotions for "pre-approved" credits cards and I don't want to open a new credit card if it is going to show an inquiry. To my knowledge(which is limited in this ...


 A Dumb Paypal/Ebay Question?
This is a dumb question, but lets say I win an item by bidding online on Ebay. I'm ready to pay the person via Paypal. when I send the money through Paypal, do I include the shipping cost in ...


 How do you straighten up your credit?
How do you boost your credit score?...


 Hi i was just wondering can someone get a credit card even thow they dont have credit.?
hi my friend was asking me if she can get a credit card but she doesnt have credit she has never used anything in her name but she wants a credit card to buy things....


 What is the next step to take when you try to settle a debt with a collection agency and they do not respond?
I have a phone bill with BellSouth of TN that is in collections with CBCS. The bill is from 2002 and showed up on my credit report in 2005. I sent CBCS a settlement letter offering 25% of what I owed....


 Can you increase your limit to spend in a credit card if you pay money to it?
My credit limit is £2000 but I need to do a single payment of £4050. Is it possible to pay £2050 to my credit card to increase the money available to spend up to £4050? My current balance is £0 ...


 Will my credit get fixed if my ex files for bankrupcy?
My ex used up all of his credit card worth 47K. I was an approved user of his accounts but never even swiped my card on a purchase. If he filed for bankrupcy, will my credit be fixed as well? I know ...


 I am about 10,000 thousand in debt and i am 21 years old and i don't make that much so how can i get out debt
...


 How young do you have to be to have a credit card?
i'm wondering if there is like a program you can sign up for so kids under a certan age can have a credit card or something, because I've heard about kids using their parent's credit ...


 If you close a credit credit will it hurt your credit score?
I was told this and was wondering if it was true....


 How long does a chapter 7 bankruptcy stay on your credit report?
I filed for bankruptcy at the end of 2001 and it was charged off in 2002. I thought that bankrupycies last on your credit for 7 years and now I've heard 10. Does anyone know the true answer ...


 How can I check my credit score?
Is there a website that I can see my credit score for free? Also,Someone told me that my score l will lower everytime I look at it... is that true?...


 Late mortgage payment by 1 day?? please help?
I made a payment on the 28th psat business hours and the 30th fell on a sunday. So the payment did not post until the 1st which would make it a 30 day late payment. even though it was paid 2 days ...


 How do apartment people know your rental history?
How do they know without you telling them? Or do they even know?...


 What banks give credit cards for students with no credit?
...


 Curious, how many people have been charging gas because they can't afford it?
Or how many times a month do you do ...


 My Identity was stolen, what should I do???
How do I find out what all they are doing with my identity?...


 Credit card?
...



travon c
Can you rebuild your credit by opening 3 or 4 bank accounts?
does it really work
                     
 




sanbox69
Rating
no - just pay your bills on time


K.C.
Rating
No bank accounts don't show on credit reports. You can rebuild credit by openning a low balance credit card or something like that, if you're just looking to build credit. Be wise in dealing with credit


kunjaldp
Rating
No - Paying bill rebuilds the credit


miranchitopaisa
Rating
pay your bills on time, also download your credit score to see how low is it. and was causing that your credit is so low.next step is , if you have any collection make an arrangement and pay, if you have late payments try to dispute it if you consider it is wrong.
then final after all reviews star to make Small loans like 300 to 500 dollars and make sure they report it to credit beauro, also apply for a secure card if you don't know what is it just go to your local bank if they have this option they will explain to you.
good luck!!


SPIFIMAN1
The number of bank accounts you have has no effect on your credit.

Banks do not report accounts only loans and how you pay them.


beauty s
Rating
no, bank accounts don't shouw on your credit report..


Kris D
No a bank account doesnt affect your credit


slimj80
There are several ways to rebuild your credit. It usually depends on why you have poor credit. If it is because of numerous late payments, then go for a year making all your payments on time and your score will start coming back up. Another thing that will help out your score is to keep a low debt/income ratio.


Kat
Rating
Nope, ss. The only way to fix your credit is to make sure you pay your bills on time.


SCH
Rating
No bank accounts do not get reported to any of the credit bureaus unless they go into default.


adam r
No. Why would a bank account that you put money in give you any credit like a loan would?? Makes no sense. That's not a loan so it's not credit.


ruca80
opening bank accounts does not build credit. Only credit accounts will do that. Opening up 3 or 4 accounts within a certain period of time will hurt you. Sometimes that will raise a red flag if you inquire into new, multiple accounts. It was also affect your credit because many banks are now using credit reports as a determinant in opening accounts, so the inquiries would hurt you.


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.024
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy