 I am 19 with bad credit. Please help!!? |
| I two credit cards that are closed do to lenders' request from being delinquent 60 days. Now I have a poor score according to Experian. I can't believe I let this happen. I pay my car loan ... |
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 Fixs bad credit? |
| i want to buy house need to fix credit to ... |
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 As I started a finance education course recently, I realized how destructive the credit card system is to? |
the country and the world. What can be done as an alternative so we can take back our freedom and sanity from the credit card companies?
Additional Details
for those of you who are not ... |
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 I can not a pay my credit card got no insurance on it? |
| IVE NO INSURANCE ON MY CREDIIT CARD IF I LOSE MY JOB AND I CAN NOT AFFORD TO PAY... |
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 Where can i find my credit card number? |
This appeared on amazon;
Important Messages
The credit card number you entered was invalid.
The data you entered for the payment method was invalid. Please re-enter it and ... |
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 3 years ago my credit card account went to a debt collections agency - can i pay it off and get my card back? |
| Probably havent paid any money for about a year as my circumstances changed and my account went to a debt company. i owe about 800 pound, maybe 1k now with charges. I havent had communication with ... |
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 I have four charge off Items on my credit 3 years old & less then $400 Will it help or hurt my credit if I pay |
| 3 years ago I hit a rough stretch and defaulted on a cell phone bill and a few doctors bills. I want to know if I paid these Items now, If it helps or hurts my credit score. All four are listed as ... |
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 Transfuring a credit card balance to a 0% card. what to do??? |
Hi, I got an offer to transfer a balance to a new card . I not sure how this works.
1. If I decide to transfer, Do I have to close old card because I still have half the limit left on ... |
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| A few questions about credit cards? |
I was thinking of getting a credit card ..but before i do i have a few questions and i am hoping someone will be able to help me.
I was thinking of starting with a credit card of a limit of $500 ... |
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 Are you supposed to pay your credit card bill in full every time? |
| I have heard a few different theories regarding building your credit using a credit card...I have paid off my credit card IN FULL every time the bill is due. Some people tell me that if I just pay ... |
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 Collection agency.? |
| Wow, I just talked to one of the agent and he was quit rude; I asked if I can work out a payment arrangement or pay a lower amount so I can pay it full and he said "we don't give out ... |
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| What is the point of holding on to paycheck stubs/reciepts??? |
Some one told me to hang on to my paycheck stubs and reciepts that i get from using my debit card...
why would i need to hold on to these things and when can i shred them??... |
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tim_house2003 | Cosigning for a loan? |
ok, my wife went to apply for a personal loan of only $1000 dollars. Was told she needed a cosigner because she has no credit. my mother cosigned for her, and she has awesome credit. Between the two of them, about 80k yearly income. 30 from my wife and 50k from my mom. She was denied because the cosigner ad her do not reside in the same household. Has anyone ever heard of this? Any explaination?
Additional Details
We dont need the money but with her having NO credit she was just wanting a personal loan. BTW this is with Navy Federal Credit Union. |
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Gatsby216
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Sure it is standard for some lenders. Loans made to co-apps not in the same household have a high rate of default and disputes. For lots of obvious reasons.
Make her show you the decline letter you will get a week. It will have the actual decline reasons. Sometimes the contact person making a statement regarding a decline reason is just guessing. They could have a policy of decisioning both applicants by having minimum credit score requirements.
Have your wife pull her credit report from FTC.gov. Take a look at it, I bet there is some negative info there.
I assume your credit is bad? If so then you have to ask why you are borrowing more money.
Not preaching, just a suggestion.
Usually someone with no credit is going to have to get a retail store card first, not a personal loan, which is just cash.
Build that up for a year and then get a credit card.
Your wife needs to open her own checking account and keep a few hundred in there. Don't need to use it a lot, but that can have some positive impact on her credit.
a> |
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stan c
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If your wife is trying to build credit and has $2500.00 in a savings accout, just let her convert it into a secured loan for 24 months and pay it back in 12. |
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Alohanui
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I suggest that you talk to the Supervisor of
the person that gave your wife this mis-information. Nowhere does it say that
a Co-signer must live in the same residence
as the loan applicant. Either go higher up
or cancel that application and make one
out somewhere else.
I wouldn't want to do business with that
company anyhow. |
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DAS
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Yes they are correct that is not true, so you should have them put it in writing, and then forward it to their supervisor or management. Then try another bank, and let them know you will not do business with them again. |
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Mark
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Have her apply for a credit card with Capital One, or some other bank that approved people with no credit history. Getting a personal loan was a bad idea in the first place because they interest rates are fixed-therefore the banks don't like to give these out to people who could possibly be a bad risk. However, they LOVE giving credit cards to people with no history becuase they can pretty much charge whatever interest they want if payments are missed, etc. So, a credit card is a much better idea to build credit.
As far as the loan being denied because of the mother not living in the same household, that is very odd...it might be a policy that the Navy Credit Union has, but generally a Co-Signer can reside anywhere--even across the country from the main borrower. |
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Zelda Hunter
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Never heard of such a thing. Probably they could try another bank - your mom's bank. |
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Dr. Gigi
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You can get 1000 from an easy online day loan |
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Josie826
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My husband co-signed for a loan for a buddy of his many years ago and they did not reside in the same household. Unless rules on co-signing have changed, I think the bank of loan officer is blowing smoke at you.
Go to another lender.....I can't believe that your wife can't get a loan as small as this on just her salary alone.....unless she has a poor credit rating, you as her spouse has a poor credit rating, you have not lived in your house long enough or she has not been employed at her current job long enough. |
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kapn
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No.....try another bank........... |
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