 Credit card? |
| i've never had one. can you please tell me the basics: how to prevent credit card debt, how to use your card wisely, and what type of credit card i should apply for, how to get/maintain good ... |
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 I have $5,000 in collections. my uncle is paying it off.how can i get if cleared off my credit or up my credit |
| my uncle inherited a lot of money. he is going to pay off my debt that is in collections. it is about $5,000 dollars. i heard that paying this off won't help my credit score and i will still ... |
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 I have so so credit and I got this card with a high annual fee? |
| Will this annual fee ever go down or will it be high forever. I don't have good credit but I am working on it.Thanks!!... |
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 What does your credit score need to be to get a mortgage? |
| I can put down between $20,000 to $40,000 and would like to know what my score has to be to get a mortgage. I live in Texas (if this helps). My credit could be better and is mostly school loans. D... |
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 Cash/Currency...Will it become Obsolete? |
Do you believe one day (paper) money & Coin will no longer exist?
Will we all have a numbered card for identity and purchase?... |
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 Are lawsuit summons offical if they are sent through regular mail ? |
| i posted a question earlier about being sued for an old credit card account the summons was sent regular mail is it legit i am asking because i researched the compant thats trying to sue me and they ... |
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 Question about applying for credit cards? |
| If I go to a retail store and apply for a credit card, for instant approval they usually need another one of your credit cards to check it. Can you use a debit card for this purpose if it has a visa ... |
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 Can I buy this with a credit card? |
| I want to buy a t-shirt from the belle and sebastian website, but everything is priced in euroes. I live in America. Can I use a credit card to buy something from the website, or would I be unable to,... |
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 Can i clear my credit score as it is really bad? |
| i heard some where you can some how get it wiped clear so it looks like you have not had bad credit can any one ... |
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 I am an authorized user on my fiance's credit card.? |
| Does this help my credit since he is very responsible and has high limits?... |
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 If I don't answer a debt collector's calls, will they stop calling? |
| I was considering getting caller ID on my cell phone for a month or so and not answering when I don't recognise a number. Does anybody have experience with doing this? Will they give up when ... |
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 Unable to get credit , what should i do? |
| i recently posted about identity theft , asically since moving into my home last year iv had a mass of letters in my name for debts opened at different addresses all over the country , iv rang all ... |
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 What should i do? file bankruptcy or credit counseling? |
| i called different credit counseling but they tell me i dont make enough to qualify or i have 500 dollar payments a month. i only make 1000.00 a month and i still have to pay rent how can i pay 500 ... |
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| Why are collection agencies still calling? |
| My mom receives 2 to 3 calls a day from collection agencies wanting my sister and we have gave them her new address but they say they cant reach her and they keep bugging my mom everyday. My sister ... |
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 First credit card trying to figure out the game? |
| Im about to recieve a capital one platinum visa. Apr is 19.8%. Im not to worried about that because Im a new resident and have been turned down by everyone . Im happy to finally be approved for ... |
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| Scared to use paypal? |
| im scared 2 use paypal i hav heard really bad things like they freeze ur account. do they freeze your whole amount on your credit card or just the amount they investigate? i have heard some horror ... |
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Babydoll | Credit card qustion anyone know about credit cards? |
ok i just got a credit card with so much money on it i dont wanna mess up my credit so can i olny spend the amount of credit they gave me or can i go over it then pay the bill of what i spend when it come's i think i have 1000$ of credit on the card can i go over it? or can i just spend the 1000$ |
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michaelsgdec
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Even using a large portion of your limit (more than half) can red flag your account, and possibly cause a drop in credit score, increased mortgage rates, increased insurance premiums...it's called Universal Default, you screw up with one company once, all the other companies you depend on can screw you back. Don't charge it if you can't pay it all off on the next statement, or else you have to pay huge interest. If you think $1000 is free money, think again, you will have to pay it back. $1000 is easy to spend, hard to earn, imagine how many hours of work you need to pay it off. Last time I checked over the limit fee was $35 for my account. |
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personalfinancedaily
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Most credit cards have an "over-the-limit" fee if you pass your limit of $1,000. Don't forget, this isn't free money but your future earnings. Be responsible and don't charge what you can't afford to pay off each month. Smart people use credit as a tool and not a crutch. |
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clarity
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Don't start out with a credit card wondering how you can manipulate the system. If you're responsible with your use of credit, it will pay you back over and over again. Once you screw up your credit, it takes a long, long time to make things right again. Do not go over your limit. They'll either "freeze" your card or charge a fee. Charge only what you can easily pay off. |
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michels2
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They may let you go over it by $100.00 but then they will denie your charge. They may not let you go over, but usally they will and then they can charge you the overlimit fee ($20-$40). They don't always charge it, but can. |
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Rest of Your Life Off
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Keep in mind it's only credit until you use it then it becomes debt . I work in financial services and I have helped many people to payoff their cards. Some of them owed the credit card company 60-70 thousand and one of them even defaulted and was facing jail time and restitution until we were able to help.I know this is way out of the league of your question but many of these people started out like you. So enjoy the responsibility of you new credit card, but just know what your dealing with. |
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BTB 08/15/2009
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you never want to go over the limit on your credit card. They charge an over-the-limit fee, most times $25. It also looks bad on your credit report, it shows that you don't know how to watch your spending. I wouldn't spend the $1000 either unless you're planning to pay it off as it comes in. Meaning if you spend that $1000 make sure you have the $1000 in your checking account to pay it off. Unless you want to pay finance charges out the butt. I nearly maxed out my very first Visa, and I was paying almost $20 a month in finance charges. I found out the hard way what having a credit card is all about. Don't make that same mistake, even though I have learned and at an early age,don't make that same mistake. It's a b**ch to learn that way but I am on top of my credit because of it. |
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Ellea
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You can only spend less than the credit line. In fact it is always safe not to spend all the money in the credit card because of the finance charge and interest that might push your spending over the limit of the card. |
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Steve R
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If you read the disclosure notice with the card, there are fees if you go over the limit. How are you going to pay the $1000 back? Minimum payment? It will take you many years to pay it off. |
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rajini
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hi |
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ANSWER MY QUESTION!!
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DO not go over it, you will get socked with over the limit fees which will add up VERY quickly. DO NOT max out your card either, no matter how tempting. It is very easy to ruin your credit. Pay your balance at the end of every month, that way you won't get charged finance charges (that can add up to lots of cash, because lots of times they have crazy interest rates like 28 percent, that's 28 cents on every dollar!). And, don't mail your payment late, or you will get some more fees. If you have a job, try not to use your card, pay cash when possible. |
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