 Can credit card companies cancel your card or lower limit if you have lots of outstanding debt? |
| My one Juniper card got it's limit lowered from $1000 to $250, which isn't much anyways to begin with, just because I was carrying a $4500 balance on my one Citicards card, which had a ... |
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 Is there really such a website for a free credit report? |
| Every website Ive been to, is saying there free but want my card info. I dont want to be charged after 30 days or better yet not give out any payment info. I want a free credit report. Does anyone ... |
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 How do i get a free credit report? PLEASE HELP ASAP!!!? |
| I want to find a site that i can get a FREE credit report at. I dont want a site that want credit card info or wants me to do something to get it for free. that is not free. please help ASAP... |
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 Banking help. Bounced checks? |
| Ok I just enrolled in online banking for both my checking and credit card. I scheduled to pay my bill online but for whatever reasons the payment went through twice. Twice the amount was deducted ... |
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 Which credit card better ? |
| Visa and Mastercard, which is the better one ?... |
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 Desperately need financing for car.? |
| I have been on Social Security Disability now for 1 year. I spent 6 years before that unemployed and fighting to get help for my disability. If you are familiar with SSD, you know you may be in for ... |
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 My husband has a medical bill in collection. Can they garnish his social security disability to pay the debt? |
| We have tried to come to an agreement with them but they are not trying to help us. Can they take his disability to pay it back?... |
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 My credit card was posted on the internet after I purchased goods. What do I do?!? |
| I purchased some goods at a online store that gave me an employee discount. A week later I was informed by the store owner that my credit card number and address was posted on the Internet (along ... |
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 My personal loan through credit union.? |
| I am 3 months away from paying off the personal loan I got through my credit union ( I only borrowed 3,000), is it possible to get another personal loan through them, and would they just add it on to ... |
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 My credit card company raised my APR for the heck of it? |
| It is in the news all the time that the FED is cutting intrest rates, but i got a letter from Bank of America last week stating that my rate is now 17.5. percent. It was 7.9 percent. I have 10k ... |
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 Bad credit? |
| ok i am 20 i have a scroe of a 520 4 monthes ago my score was 467 i have 3 credit cards 2 visa abd one target how long will it take for my credit to get up to a 600 when i credit condser good i ... |
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 How would having too many credit cards even if I don't have balance due on them can affect my credit? |
| I have 4 credit cards and I recently got a new one, currently i only have two of them with balance. Even though i have no balance on the other ones. can these affect my credit? should i cancel a ... |
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 When my finacial condition will improve? |
| DOB : 20.10.1949 : 05.30 hrs JaipurR... |
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 Can a prepaid master card help to build-up the credit score? |
| I need to build-up my credit score. I realised the importance of it very late .And now it is hard to find some financial body who is interested to provide credit card to me . So I thought of buying ... |
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 Lost, never used credit card Capital one? |
| i received it in the mail months ago, and i never authorized it.. just threw it away. Now when i try to apply for another one, it says i already have an account. Which i do, but i don't have ... |
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GIJenJen | How can I build my credit within the next year and a half? |
I royally screwed up my credit when I was 18. I'm getting married and I don't want to bring my sucky credit into it. I want to get my score as high as possible before next year because we're going to try and buy a house together...should I take out a loan and pay it off? I'm having a hard time finding people to work with me. |
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jon
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Ideally you should "pay it off" without the " take out a loan " part, however the best people I know in these matters are http://www.gsx1.com/RestoreCredit.html
hope it works out for you. |
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meme
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buy little things on you're credit card like gum or pens or something that you know you can afford and then pay it back early.......also....you can take out a loan from the bank and then let the money sit there.......then you pay it back no problemo!! |
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Rono
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Having trade lines that you pay on time every month will really help your score. If your scores are really low, it may take more time than you have to get them way up. There is some good news though. Find an FHA broker willing to work with you now for a future loan (preferably one who does a good bit of manual underwrite loans), assuming you are in the US and have them pull your credit. They can tell you what old items you would have to pay off for an FHA mortgage. FHA may be your best bet anyway. There are three very good benefits that will help you. 1) Cr. score doesn't matter (although recent credit history does), 2) You can get 100% financing thru their allowed 3% gift programs (paid by seller) along with a 97% mortgage, a rare thing today. 3) You can use alternative trades that don't typically show up on your credit such as rent, phone, power, etc. You will need 4 trades total including any on your credit report. Be sure and pay these on time by check or get receipts. Hope this helps. Good luck.
http://www.alabama-mortgage-specialists.com |
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RUNINTLKT
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Your credit will become his/her credit. Your money, our money. Your credit, our credit. While you will still be individually rated (FICO), your credit will be an issue when you try and buy big ticket items together (house, car).
I'm not sure you can fix it quickly, but I would start with paying off (not closing) your credit cards, for those that you can't pay off, I would bring them down to less than 1/2 the available credit. What they're looking for is wise of use credit.
Establishing yourself as a wise user, could take time.
It's totally doable and hope you can do it within 1.5 years. |
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twv23512655
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First, make sure all the information on your credit report is accurate.
Second, try to pay off all or any accounts that are currently in collections or make payment arrangements with the creditor to pay off the balance monthly.
Third, any credit card that is over 50% of the available credit line should be paid down to under half of your total credit line. Your credit score is lowered when your available balance is over 50% of your total credit line.
Finally, if you have bad or no credit and have no credit cards try to obtain two credit cards and make sure all of your monthly payments are made on time. This will help increase your credit score. If you cannot be approved for a unsecured credit card, obtain a secured credit card.
Repairing your credit and improving your credit score is a slow process that takes time. |
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Cruiser 68
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Some tips on making your credit score go up:
Pay all your bills on time
Pay off maxed out cards first
Don't cancel any credit cards
Don't apply for too many credit accounts in a short period of time. |
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Alan d
 |
A good credit score is a vital asset for your financial present and future. To a large extent, your credit standing determines what opportunities are open to you, especially as it concerns finances. Therefore, the importance of building a good credit rating cannot be over emphasized. 'It's a thing you really can take to the bank'.There are several steps you must follow and some rules you will have to adhere to if you sincerely want a good credit standing. However, after establishing your credit<!--worthiness, you will find that it was worth the stress.Another strong point you can make while building good credit is a solid income history. Maintaining a good record with banks and other creditors will also go a long way in portraying you as credit worthy. Visit the site to know more on how to build a credit.
http://badcredits.awardspace.com/repaircredit.htm
To build good credit, it is also useful to get national or local retailer's card. It is always easy to win credit from retailers and once you have established a good track record with a retailer, you could use the reference to boost your credit and also to secure additional credit from others. You will find it quite easy to establish a good record with-->retailers and will also be pleasantly surprised at the positive influence it can have on your credit rating.Just like repairing bad credit, building a good credit rating requires time and a lot of financial discipline, but in the end, you will be proud of what you have achieved. |
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Patrick
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You should provide some more information. Do currently have any credit cards or loans? If so, keep paying them on-time. For credit cards, try and get the balance owed to 50% or less than the total credit amount you have. for example, if you have a $1000 limit, keep the balance at $500 or below. This along with on time payments will help build your FICO score.
If you have no credit cards or loans then I would suggest a secured credit card. Secured cards are where you pre-pay a certain amount then begin using the card. When you charge something you will get a bill and you pay that bill. When you are out shopping for something and you have the cash to pay for it, use the card to buy it then send the money immediately to the credit card company. That way you are keeping up with the bills and not falling into the credit trap.
If you follow through with the buy/pay immediately philosophy you will be reported as paying your bills on time and will contribute positively to your FICO score. Eventually you will establish a relationship with the credit card company and you can stop having a secured card and move to a credit card.
If you follow through on this for a year and a half without missing a payment you should end up with a half way decent credit score.
Good luck! |
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Bob D
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Take out a small personal loan from your local bank or credit union ($500-1000) Keep the money in the bank so you don't spend it. Then make the payments...ON TIME.....this will give you a credit line. Get a regular credit card. Stay away from store credit cards. Absolutely don't get credit lines at jewelry stores. and furniture stores. Use the credit card on a minimal regular basis and pay almost all of it off each month on time, but make sure you use it each month. Do not let the amount on the card get above 80% of the limit. DONT PLAY min payment games. It will take 12-18 but more likely 24 months to get your FICO up. Also start saving every penny you can get for a down payment on the house. The bigger the down payment, the better the rate and the better the chance of you getting a house with not great credit scores. The amount of money you have in reserves can help in getting a loan. Also things will loosen up in 18-24 months so aim for that time frame. Save Save Save...PS your partner needs to do the same thing to build up her FICO. |
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