 Credit Company harassment, My rights? |
| ive had a 3rd party collections company calling me 6-10 times a day asking for me to put money on my account. I tell them i will put $100 on it on thursday. This shuts them up for the rest of the day.... |
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 If an elder parent has credit card debt and then die, would anyone be responsible? |
| What happens if there isn't enough money left to pay off credit card debt from one's estate once they have passed away. Would a family member, i.e., an adult child be responsible.... |
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 Can you use a pre-paid debit card on online? |
| i am tryin to purchase something online.. but i am not sure if i am allow to use prepaid debit card .. will it be ok to use them??... |
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 Chapter 13, Bankruptcy? |
| Is there no such thing as being forgiven for your debts and you get a second chance.... |
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 Why do people not understand the difference between debit and credit use? |
| I worked retail and at some points our pin pad would be down so as long as the customers card said Visa or Mcard we could run it as credit ,,but it only takes it from you checking just as if we ran a ... |
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 I received a check from Imperial Foundation Lotto, and now the bank told me that their check bounced.......? |
| It bounced and now I have to pay the bank every penny of it. I tried calling their number and it's the wrong number. I feel very devastated and don't know what to ... |
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 Co-signing for a car? |
| I have an odd situation my mom and dad aren't kicking me out but I cannot bare to live with my dad anymore, we aregue all the time and I just feel like he doesn't want me there. I'm ... |
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 Credit cards?!? |
I need to build up my credit, because i have basically none!
and today i was talking to a lady at my bank and she said to apply for a credit card
my question is, if you have one ... |
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 652 credit score, is it good? |
| just checked my credit score. it was 652 is this a good score? could I get a home loan with this?... |
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 What do i do with a 530 credit score? |
| i have a credit score of 530, i cant open any checkings or savings accounts with any banks or get any credit cards, and i have never had a credit card. how do i get my credit up?... |
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 Does bankruptcy help or hurt your credit? |
| My mother is thinking about filing bankruptcy and I have heard so many conflicted stories about what it can do for your credit, some say good, some say bad..Please share your personal stories and ... |
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| What department store credit card do you have? |
| I'm doing a poll on how many people have department store cards.... |
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 Pd off a collection 2years ago and now still getting harassed what are my rights? |
| I am sitting here very ticked off. I got a call from a collector demanding payment from a account that i pd them 2 years ago. I told this guy that and he laughed, he then told me i have 2 days to ... |
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 How can I fix my husbands credit report!? |
| On My husbands credit report it has Verizon Wireless 18 times on there for the same bill, apparently it went to collections and then that collection agency sold it to another collection agency and so ... |
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 Do I get charged if I don't use my credit card in a while? |
| I am with Capital One, and they suck. They find any way to screw me over and I'm very good about paying my bill on time and paying the full amount all at once. The only time I was ever late ... |
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| How do you buy a engagement ring with bad credit? |
I have bad credit, and no bank account, but want to buy an engagement ring? How can I get one if I can't get any credit?
Additional Details
But I have about a month and I'm ... |
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FLaCa | Does asking for credit increase affect my credit? |
If I ask for a credit increase will this affect my credit / credit score? Inquiry? |
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SPIFIMAN1
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Depends on if you get it or not.
First of all since it's a existing creditor the inquire they make will be a soft one and will not hurt your score at all.
Second if you are granted the increase, your debt to credit ratio will go down and since 30% of your score is based on this ratio your score should go up. |
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DAS
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Yes, but only a little because you are with this company already it is considered to be a soft inquiry, so it really won't go against you, like other inquiries will. |
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Steveo
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It does. But not for long. If you get an increase as a result of the request, then your score might actually go up and not down. |
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shhbanvar
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Sure it affects your score. When you get a lower APR, you are able to apply more of each payment to the principal balance which will reduce your debt. This will in turn INCREASE your credit score.
The best way to go about it is to make higher than minimum payments for multiple consecutive months before asking to prove your financial strength. When you call, threaten to transfer the balances to other better offers that you have received. Quote those better rates.
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http://www.bestcreditrates.net |
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Jim B
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It depends if the credit issuer does a hard pull or a soft pull. Hard pulls will show on your credit report and will cost you a few points on your credit score, soft pulls don't show on your report and won't cost you any points.
Some credit issuers factor in internal account history. Paypal (GEMB) will give increases to people that run constant balances just by clicking a button on their website. My Dad just got a $1,250 increase last month on his Paypal Mastercard because he has run a $300 balance for the last 8 months. Many people try to get increases on this card and can't because they aren't making GEMB any money. (Keep in mind that you have to pay your bills on time, regardless of how much of a balance you maintain.)
Most GEMB credit cards (mostly store cards) work this way, but other credit issuers don't necessarily require you to run a constant balance in order to get a credit limit increase.
One thing you may consider is if an increase will improve your credit utilization percentage. A lot of times a hard inquiry just to get $300 or $400 added to your current limit isn't worth the inquiry, but if that $300-$400 can help to lower your utilization percentage, your score can increase more than it would go down as a result of the hard inquiry.
Sometimes it's better to get another card unless you have a short credit history or if you have a lot of recent accounts, but then again, an additional account on your reports could lower your average account age; therefore, lowering your score.
IT DEPENDS (I hate when people give me that answer and provide no explanation.)
As you may have noticed, there are a lot of things to consider and different ways of looking at things depending on the specifics of the situation. |
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mscarriem
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yes, you will have an inquiry on your report which could drag your score down up to 10 points is the norm, |
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Sadie C
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No if they give you it, it means that you have good credit, if not then you just won't get it maybe because you have access to too much credit already |
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jan-na~♥~ and im luvin it
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yes. inquiry will affect your credit score negatively. but if your credit got increased, your credit score might go up :) |
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Horace Mann
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Asking for a credit increase may decrease your credit score because the creditor may need to review your credit report to make a decision on granting the increase. If you have excessive inquiries on your credit report, it may cuase your score to go down. |
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