 My bad credit accounts are all over 7 years old & are still on my credit - how can I get them off without? |
| how can I get these off my credit without starting the Statue of Limitiations starting all over again once I contact the companies. By the way - these companies have all sold them and beefed up the ... |
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 How can you get credit if you don't have any credit history on your credit report? |
| I have applied for a couple of small lines of credit... ex. Target card.... and they sent me a letter that says insuffient credit history... how do I get credit if no one will give me any???? I'... |
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 Do these credit repair companies really work in the uk has anyone had good experience? |
| i have had bad credit in the past and have being paying off most of my debts i am finally getting my head above water but everything i apply for even a switch card is being refused help needed! ... |
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 Square One Debt Settlement - I'm ready to get rid of my high cc's. This company contacted me and sounds good. ? |
| I open my own acct in my bank giving me control; pay them 15% the first 6 mo; next yr 60% I get paid/40% they get paid; next yr I'm fully investing into my acct for them to begin negociating. P... |
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 Any ideas on how to establish credit? |
| I am needing to establish some credit. My house and bills are all in my father's name being I have no credit. I want that to change. But first I know I need to establish some credit. What are ... |
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 Should i be co-applicant on a car loan with my cousin? |
| my cousin has a really bad credit score and he can`t get a loan for a car. he asked me to be a co-applicant . i want to make sure im not making mistake and not screwing my credit or myself.... |
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 How am I suppose to check my credit score? I've been to.....? |
| freecreditreport.com, truecreditreport.com, annualreport.com and they are ALL USELESS!. All they do is collect your info and thats it nothing else. They say nothing about what my score whether its 600... |
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 Seems like i have no future, pls help....!? |
| I am a single woman and my age is 28 years old. My big problem is, now I have to pay a lot of debts which is not mine. 3 years ago, my sister's business almost colaps and to help her I make a ... |
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 Are there credit card companies that will offer you credit cards if you have bad credit besides secured cards? |
| My scores are around the 525-550 range. Is there a way to get a credit card other than getting a secured card? I have only seen secured cards and cards that have huge fees to start them.... |
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 Sif i use acheque garentee card the company still gets paid doesnt it its the bank that loses out and me? |
| the bank screwed me so i wanna screw them i just dont want some certain businesses losing out im not bothereed if they take me to court so long as the companys get ... |
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 Best Store credit card? |
| I was told to either get a small loan with co-signer which I do not have or a gasstore credit card b/c they are easier to get. However I do not want to make a bunch of inquires to see which one I can ... |
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 What is a good credit card to apply for if you have bad credit? |
| I am paying off bills and I closed all of my card accounts. What is a good, easy and cheap card to reopen my credit with? My credit is not good.... |
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 Do you know anyone who can erase a bankruptcy for a few hundred dollars? |
| I heard that certain people can erase a bankruptcy for a fee. Does anyone know who these people are?... |
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 Check received in mail question? |
| I received a check drawn on an authentic bank ( I looked it up) for an amount and it said I was a winner of a sweepstakes and If I cash it I pay my processing fee with this amount and the rest will ... |
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 I have huge debt, need help, $38,000 in credit card debt and we are a negative $400.00 per month,? |
| We are in our late 50's have 2 mortgages and all this credit card debt, we were just making it and then my husband had 2 colon cancer surgeries in 6 months, I am afraid of debt reduction because ... |
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 Is buying something from a rent-to-own store a good way to build credit? |
| I know they charge way more than buying something outright and I know they charge high interest rates, but I really want to build credit without having to get a credit card or any kind of personal ... |
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Jacob B | Does your credit rating go up if you buy a car with cash? |
I want to buy a new car because I want to boost up my credit rating so I can get a house later in life. Now I have enough money to purchase a decent car with cash. Will this affect my credit rating? Maybe I should get the loan and pay it off quickly? |
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Heinz M
 |
Neither. It doesn't even register on your credit. ~ |
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bostonianinmo
|
Paying cash for anything will have no affect on your credit score what so ever. Cash transactions are not reported to credit reporting agencies. |
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SPIFIMAN1
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Auto finance is what I do for a living and paying cash will not effect your score at all.
What you need to do is put 50% down and finance the balance for like 36-months. Make at least 12-18 payments before you pay it off.
This will establish a good pay history and a good score.
Be sure to make at least 12-payments before you pay off the loan. This is one of the first things lenders look for. |
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Kathryn
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If your goal is to improve your credit rating, you should finance the car. Unless you can get a promotional rate from the dealer (0% financing, for example), you'd probably be better off getting your financing from your bank or credit union. Put down a big down payment and just finance a small portion. Also, if your intention is to pay off the loan quickly, be sure there is no pre-payment penalty clause in the contract you sign. |
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Kathleen M
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If you pay cash I don't think it does anything to your credit rating. Credit rating is based on credit you receive and you paying it back on time. |
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Jennifer M
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Getting the loan and paying it off quickly sounds like the best idea. If you buy it cash the credit bureau never even knows you purchased anything so it will have no effect. MAKE SURE the new loan is from a company that reports to the credit bureau because some smaller companies do not report and then your just as good as paying cash.
If you take out a loan to buy the car your score may drop a little initially and then go up much more once the loan is paid off.
If you are able to pay it quickly you wont spend too much more in interest and your getting the better rating which will make this cheaper later.
Good job for staying on top of your credit....Best of luck! |
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acermill
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Since there was no 'credit' involved in a cash purchase, it will not appear on your credit report, nor will it affect your FICO in any manner. If you want to use a car purchase to affect your FICO, take out the cheapest loan you can find, and honor the terms perfectly. |
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DR DEAL
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No ! this tip took yrs to lock up so use it wisely,
1st, if you do have cash open a charge card acct.
2nd,pay for the car over time,it may cost you a little more money,but if your creative you can talk the sales person into a spot so you won't over pay, paying off fast is not what the banks look at. It's time and payment history.
Thats all you get ! |
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momma_duke
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If you pay for it with cash, it will do nothing to your credit unless the dealership pulls your credit initially. This inquiry will drop your score. If you wanting to improve your credit, I would get a loan and of course make your payments on time. Good luck! |
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K.C.
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If you purchase a car with cash it'll affect your credit rating the same as a loan. Only difference is with a loan they can report payments to the credit bureaus with cash you have a paid installment loan on your credit report |
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