 Is it dangerous to give ur credit card number online? |
| ok i have never bought anything online.....but i really want to pre-order the 4th book of twilight series online at amazon.com and they ask for u credit card number over there.........is there any ... |
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 Is it better to pay off current non-delinquent debt or my spouse's past credit delinquency? |
| We are trying to clean up our credit scores and are about to come into some money. We know we need to pay off some debt, but are unsure whether to pay off old delinquency's or if it is better ... |
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 I am trying to apply for a loan asap, but i am not on electoral roll..? |
i am really distressed at the moment as i need to borrow money urgently.
please help me, my car is on my name and so are bank statements,
thank ... |
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 Is it a good idea to borrow money? |
| Is it a good Idea to borrow money of your bank, and your friends or family?... |
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 Seriously in debt and living in fear? |
| What are the chances of a couple lasting that are seriously in debt? They have already broken up 3 times in 6 years. They both owe 7 years back payment in taxes plus 60,000 dollars each on other ... |
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 What are the loopholes in which I can make my credit rating erased or much better then they are today? |
| My credit rating is bad, and I don't know what I owe from the past, how do I find out and what to do about my bad credit. I have been told there are loopholes in fixing my bad credit rating, but ... |
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 How does bankruptcy affects cosigners? |
| I am considering filing for bankruptcy, but I have cosigners on equipment I leased for my business. Is there a way to file without involving my cosigners? I would be filing for personal bankruptcy ... |
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 How long does bad credit follow you?Can and old bad debt resurface? |
| I was told bad debt may linger or re-surface when debt is sold to a collection ... |
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 Can debt collectors do this? |
| Okay I have a credit card that I haven't paid on in a year. I did try to pay it off last February in full because they sent me a letter saying I need to pay by the 14th. I called and said I ... |
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 Credit and marriage? |
| If I was to marry would my bad credit affect my husbands credit...and would his good credit affect mine?... |
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 Simple CREDIT CARD question. Please help if you can? |
Hi
I don't really understnad how the whole banking thing works and was just wondering if someone could help me.
I just checked my credit card details through online banking.... |
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 Bad credit loans? |
| i have bad credit but need a small personal loan with no upfront fee. Can anybody help me?... |
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 Where can I get a "real" free credit report on the web? Anyone know a ..? |
real site that does this without having to sing up for anything or get spammed?
thanx
Additional Details
Oh I forgot to add this I am from Canada and freecreditreport site ... |
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 Should I pay this off?? |
| I received an offer in the mail for a settlement on an old credit card debt. It's almost 10 years old. Do these fall off of a credit report or should I pay it? I cannot find any information as a ... |
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 650 credit score with 16% APR? Bulls**t!!!!! Finance Manager? |
| I went to Toyota dealer yesterday to buy a 2007 camry. After taxes and adding a sunroof the car totalled 23000. The finance manager tried to give me a APR of 15.95% and the car note would be 618. W... |
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| If you have good credit and your spouse has bad credit, how much does it affect you? |
I'm debating this with my boyfriend.
He says that if he has bad credit, and I have good credit, and we get married, his bad credit will not affect me at all.
I say that when we're ... |
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Maria L | Does the average American really have 8 credit cards? ? |
There is a debt consolidation company that has a commercial which claims that the average American has 8 credit cards in their wallet. I find this totally ridiculous, and hard to believe. Do you think that's accurate or inaccurate?
I only have one credit card, and I have no need for even one more. Why in the world would the AVERAGE person have so many? I can see incredibly wealthy people having eight, because they have vast amounts of money and it isn't really a concern for them. But I can't see the average person having that many.
Additional Details
the only way I could see this being true is if they counted debit cards as well. But credit and debit cards to two different things. |
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quizzard123
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Seems high, but I suspect the extras are actually store cards, gas cards etc.
The important thing isn't the number of cards, it's the outstanding debt. If it's paid off monthly, 100 cards is okay (albeit a bugger to keep track of!). If you carry a balance, even one card is too many.
Personally, I have (let me see now....) 4 major cards plus an old Sears card I've used exactly once. But I have huge limits (wife and I spend a lot of money on work travel) and pay them off every month. Haven't spent a dime in interest for many years.
My main reason for NOT having more cards is simple logistics: I don't like having to juggle payments for too many cards, too easy to miss one payment.
So 8 sounds high, but I think it's all relative to what works for you. |
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Michelle J
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We must not be average than. We only have 1. And for emergencies only. If you don't have the cash to pay for it than you don't need it......... This is why our country is in financial ruins, too much credit not enough assets and income |
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Jose V
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I have 8 credit cards but they are not all in my wallet I only carry 3 cards and if they have a special at a certain store to get discounts with it I take that card for that day |
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Richard
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It's probably true.
There are several reasons why people want to have many credit cards especially in the US.
1. Each credit card gives different benefit. For example, my Shell Visa card, gives me 5% discount whenever I purchase gasoline for my car from Shell gas station. So I only use this for this purpose. My Chase visa card gives 1 to 3% for general purchase. So I use this for everything else. I have Wamu card too, but I never use this at all, as I keep it only so I can access Wamu website and get my credit score every month. Some people have Walmart card, or JC Penney, or Target, as each of them give discount if used at that store. I don't spend much on buying things, so I don't need those cards.
2. Many people don't know how to manage their finances, and overspend their money. Due to the lack of financial responsibility and high consumerism, many Americans pay with credit cards and pay it off on a revolving basis. So the more cards they have, the more money they can spend. That's why a lot of people go bankrupt in the US, which also caused high rate of foreclosures, and mortgage crisis now.
3. Convenience. One credit card may not be enough in the case it gets declined, especially during overseas travel.
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Just Call Me Aaron
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I don't think a wealthy person would need credit. It is the people who aren't so wealthy who need the extra money. |
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redwine
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I think that the number is high, and I can believe that it is 8. Remember that most people have tens of thousands of $$$s in debt and cannot afford to pay it off. SO they play credit card roulette, and move balances all over the place. That's why when gas goes to $4/gallon, all of a sudden people are stressed out. There are no savings and too much debt which they have to service every month. tba |
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PJ
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8 isn't so many. Pennys, Kohls, Discover, Mastercard. I also have a Best Buy account that I would call inactive - but Best Buy considers it a valid and active account even though I haven't used it in 6 years - crazy. It depends on what you count as credit cards. My debit card is also a Mastercard - but draws right out of my bank account. I don't think 8 is so many. |
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tfblechris
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I can see this as being true if they count merchant cards as well, macy's,target, home depot,etc.... |
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Marysue
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That seems a little overstated, but it also includes store credit cards. Some people get sucked in to signing up for those every time they’re offered and then forget to cancel them.
My mom probably has at least that many. She’s carried cc debt since at least the 80s, and she’s one of those people who will transfer to balances to the 0% card once a year. I doubt she closes every single line of credit she opens.
My husband and I each have one and are authorized users on each other’s cards. I can’t really see the use for more either. |
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bryan l
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I have heard 5, unfortunately i don't have the site to back that research up. I have 6, but only use 1. this one has kick a;s rewards. I think debit cards are part of this stat you have. |
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Jeff T
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There's the generic visa and mastercard.
Then there's the shell gas card, the exxon gas card, the jcpenny store card, the wal-mart card, the sears card, the .....
Here's a hint: Wealthy people became wealthy because they AVOIDED credit cards. Who needs a credit card when you have $25,000 in the bank? |
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Michelle S
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I have 0 credit cards. Don't need one, don't want one. If there is something I want, I save up my money and buy it, instead of getting myself into debt. Credit cards are designed to keep the poor man down and make the rich man richer. |
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Deesus Jeevil
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ummm may b they wanna atract wealthy ppl,no wait rich ppl dont need consolidation. ummmm possibly they want us 2 have 8 credit cards so we could b there customers, who knows? I only have 1 debit card.
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sharrel
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8?! Yikes...I cant even get one :( Oh well, I guess its for the best. |
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