 How can I get a Visa or Mastercard if I have bad credit? |
| I am a student and want a credit card for emergencies.... |
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 Can you buy a car with a credit card? |
| Also, can you get a credit card with no credit?... |
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 Is it bad to not pay your credit card bill off in full every month when you have 0% apr? |
| I've had my first credit card for two months now. I have 0% APR until October 08. I only have a $2XX balance on it, and the minimum payments are only $15 a month. Last month, I paid them $40 and ... |
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 Can I deliberately overpay my credit card in advance?!? |
Hiya,
My credit card is about to take a pounding as I'm going to be away for 2 months. To stop me going over the limit, I'd like to overpay it before I go so that I actually ... |
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 Husband deployed and mortage company want let do anything? |
| my husband and i baught ahouse last yr and my name isn;t on the mortage, he tried adding me to the mortage but they wouldn't add me since i didn't have a job, well now my husband is ... |
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 Is it ok if I mail my credit card payment 1 day before it's due?? |
I was planning on mailing it today, but i totally forgot today was Veterens Day and there was no mail today.
Additional Details
OH GOOD! I'm pretty sure i have a 6 day grace period, ... |
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 What do you think debt collectors want to hear? |
Do you think debt collectors want to hear something like this
"yes, I know about that debt I have and I'll pay you $400 right now, here is my account number and ..."
... |
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 How do you use a credit card and avoid ANY additional fee? |
| Say for example, I get a credit card from Capitol One with a $500 credit limit. I purchase 1 item for $200 using my credit card. My account statement online shows Credit Balance- $300. minimum ... |
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 Do Electric Companies Report Delinquent Accounts to Credit Bureaus? |
I was with Stream Energy and accumulated a $2000 electric bill last year after my husband lost his job. It's been sent to a collection agency and now they're calling me.
I am ... |
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 If i have terrible credit can i still get an apartment? |
| I HAVE NEVER HD AN APARTMENT BUT I HAVE BAD CREDIT AND I OWE ALOT OF PLACES MONEY BUT I NEED AN APRTMENT.....THANKS!... |
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 I need to get a loan for 6000...? |
| I have a less than perfect score due a divorce. I am a single father and just got released from active duty due to a medical injury I sustained in the war. I have run out of options and don’t know ... |
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 If a cash machine pays out to much money can the bank make me pay it back? |
| i used the cash point and got out £100 but it give me£200 so i done a balance and it only showed i took out a £100 so i used the cash point again and asked for £60 but it give me £130 so i got £... |
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 Cash, Check, or Debit card? |
| Which one do you use the most often?... |
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 What's the most effective way to clean up my credit /score? |
| Besides paying everything off, not charging too much etc. What else in the meantime that may be helpful???....Any tricks of the trade you have learned over the years on erasing things on reports, and/... |
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 Is there a significant benefit to paying off a "derogatory" account? |
| I have several credit card accounts that were charged off a few years back. Some are listed as "paid in full", some are listed as "paid - settled for less than full balance", and ... |
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 Help with bad credit? |
| hi. i have horrible credit from past divorce , huge hospital bill from a emergency surgery with no insurance. ive heard of debt consolidating . can someone help with where to start. what is the best ... |
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Brian D | Does filing bankruptcy or having your house foreclosed on affect your current credit cards that u have? |
If I file bankruptcy or let my home be foreclosed will that affect my current credit card interest rates? Im in great standing with my credit cards. After the foreclosure happens can the credit card companies raise my interest rates or will they even find out about it if they dont run my credit again. Can they run my credit without my approval? |
 |
 
SPIFIMAN1
|
It depends.
Most all terms and conditions give the credit card companies the right to check your credit every now and then to see if you still meet their guidelines, how your paying other people and to see if they want to increase or lower your credit limit based on what they see.
They also have the universal default clasue that says if your paying people late they have the right to raise your interest to whatever the maximum allowed is.
Now depending on what they see and whats in their terms and conditions it is possible that they can cancel your credit cards |
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Studly
 |
In the fine print of your credit card application, you will notice that those dirty buggers included a clause that if your credit score should drop, they can increase your interest rates. See http://levin.senate.gov/newsroom/release.cfm?id=288160 for info on this.
(Maybe if enough people complained to Mr. Levin and the rest of the banking subcommittee, they will get off their buts and pass this bill!)
Therefore, a foreclosure COULD trigger a rate increase on your rates.
With a bankruptcy, when you file that info is public information. The credit card companies will regularly check those records for new filings, and inform the bank about it. It's then up to your bank if they wish to cancel your card or not (they usually will).
If you plan to file, here is some advice I give to people. Pick one of the cards and pay it off at least 30 days prior to filing. Since you don't owe on it, the card will not be included in your bankruptcy. Yes, you must still declare it. But if you owe them anything and you stiff them on it, there is simply now way the will do business with you.
Be sure to contact the bank and inform them of your intentions, and request that they keep you on. They will most likely drop your limit to $500 and hit you with a higher interest rate, but you will at least have a credit card to help you re-establish your credit score.
I've helped several people with their BK's and this does work. But remember that the bank is under no obligation to let you keep the card, and if you have a history of delinquencies with them you can bet they will cancel it, zero balance or not. |
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Ang
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After a foreclosure your credit cards will not be affected. However if you plan to file bankruptcy, all of your credit cards will be closed. |
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bdancer222
 |
You already gave them permission to run your credit when you initially applied.
Changes in your credit score can cause credit cards to increase interest rates. If you file bankruptcy, you have to list all your debts. There's a good chance all your credit card accounts could be immediately closed. |
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Harry O
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Credit card companies can and will raise rates for any or no reason. Declaring bankruptcy is a reason that your rate will rise to the legal high limit. |
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BlessedSAHM
 |
They would only find out about it and possible raise your rates only if they run your credit. |
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Dont_taze_me_bro
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There is a universal defult provision. |
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Vadalia
 |
Some credit card companies run your credit every month (Capital One does) A lot of companies also have a clause that if your credit score drops below a certain point, you automatically start paying the highest interest rate (the "default" rate) |
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MSAD
|
Yes.
Your credit card interest rates will be raised. |
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silkbutterfly1973
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Of course they can raise yoru rates with a bankruptcy or home forclosure . yes they do run your credit periodically and do adjust your rate accordingly .
you should already know this its in the fine print of all credit cards ...and yes you may be then looking at interest rates as high as 30-35% |
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