 Old Credit Card Debt? |
| I recently received a letter from the court requesting that I pay my outstanding credit card debt from a few years ago. A couple of days later, I received a call from a Lawyer demanding that I pay ... |
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 Debt consolidation? |
| I have many credit cards and bills I can't keep track of them all. Are there any companies I can call that would lower my payments and combine them all into one payment? Are they free because I ... |
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 Is there an easier way for me to pay off my credit card debt? |
| ok, I'm only 20 by the way, but I did have 8 cards before I canceled 1 not too long ago, the limits start from $300 and go up to $1700 at my highest and I only bring in $650 a month for now, I�... |
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 How can i fix my credit? |
| ok one day i whent to my bank and tried to get a credit card and i just graduated from high school well they wouldnt let me because they said i had bad credit well i was thinking well i have never ... |
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 1. I'm trying to fix my credit.I'm making car payments on my vehicle but it is under my sisters name.? |
| I still owe about $9,000.00 on it.what can I do to get credit for making my ontime payments.? My credit score is low and I want to build it ... |
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 Which is better? One credit card with $10,000 or two cards totaling $10,000? |
Additional Details
The limit on one card is $20,000 with a 4% rate right now. The limit of the other is $7,500 with 0% rate. Which is better for my credti score?... |
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 My friend got a certified letter? |
| the mailman is trying to give my friend a certified letter from a credit card company. she wants to know what will happen if she just doesn't answer the door and doesn't sign for the ... |
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 I'm the one that thought she was in $97,000 credit card debt. Come to find out the atty that sent the summons |
| had put the wrong amount in the paperwork. It's $9,700. Can I sue the attorney for mental anguish. (Got the paperwork on a Friday and had to go the whole week-end thinking the worse). Felt ... |
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 How do you get a mortage with horrible credit? |
Additional Details
Give examples of companies willing to do so, I have a close friend that is desparate, her boyfriend has ruined her credit. And I'm wanting her out of my house!!... |
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 Help!! I want a Credit Card But Im Only 20!!? |
| I got a offer in the mail from capitol one! It said something about the interest rate being 9.9% I want to know what is affordable for me! For example I have a full time job where I get paid $10 and ... |
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 Ive been delined by my bank (barclays), captial one said no!? |
| who will give me a credit card no matter what the intrest is, im killin myself at the mo. no dough,... |
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 I need a straight answer for my problem? |
| i lied about my age to get a credit card i said i was born in 1980.the year i was really born was in 1990 and i really need to know if anything is gonna happened to me now or in the future please im ... |
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 Credit card debt and new baby on the way? |
I know this sounds like a CRAZY question.
My husband and I currently have about $2,800 in credit card debt. We are also expecting our first child at the end of January '08.
Has anyone ... |
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 What credit cards would u reccomend? |
| im starting off on my credit i wanna get some suggestions on low rate credit cards for a "beginner"... |
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Sleepy | How can I get or build my credit? |
I'm 18. I have a checkings and savings account at Wells Fargo.
I want to build my credit. I worked full time this past summer at an amusement park and now since I'm a full time college student I only work there on weekends.
What's a good credit card to get?
How do I know what a good credit card it?
Thanks for any help :) |
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DROC
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Go to a credit union and open a savings account, then borrow against it and make the payments. You will earn intrest on the money you deposit and get credit history as well. |
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ladiesman217
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Yes DROC is correct, I did the same thing 4 times before I could borrow money with no collateral. Apply for a target card and maybe a credit card with a small credit line. Do not ever be late on your payments. That will surly mess you up. Be responsible. |
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L.G.
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If you will go to www.lowermybills.com you will find a tool for comparing the various credit cards - and their sources. Many different banking institutions offer the several brands of credit cards, and some offer better terms than do others; so a Visa from one source might have a better rate or benefits than a Visa from another source.
I've seen lots of young people on Yahoo Answers recommend Old Orchard Bank as a very student-friendly credit card source. You may want to check that out. Pulaski Bank is another bank that offers a good rate for its Visa card.
My best advice is to find a card that offers a FIXED rate of interest. Failing that, see what kind of deal your own bank can offer you on a credit or debit card. How you manage your checking account, any loan against a savings account (you can borrow up to 90% of its balance), and your student loan are sufficient to develop a credit rating.
Be very wary of Wells Fargo's bank accounts; many have hidden traps for the unwary student - particularly its overdraft protection feature. My granddaughter wound up owing $208 she didn't even know she owed. Just be careful. |
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tjcmstables
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I read through the answers you already received. They all contain good advice.
One thing they all seemed to have missed is "don't just pay the minimum amount due". If you do that it will take years to pay off the balance. The minimum usually is the interest plus a small amount. Try not to put a lot on the card. I know these days that is very hard, especially with the cost of gas.
Good Luck. |
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heybulldog
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The only way to build credit is to borrow money and make payments on time. The only way to keep a high score is to keep borrowing money and keep making payments on time.
"Building Credit" is the biggest joke of the 21st century! |
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michael_kueker
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Most banks have a first time credit card you can look into. My bank had a 0% interest rate for the 1st six months, $1000 credit limit that was geared towards college students. I was rejected for the better card, but easily got this one.
The best way to get credit is to stay within your means and pay it off. When I got my credit card my junior year, I used it to get coffee on the way to work for each month. My credit card bill was $60/month, and I had no problem paying it off each month.
Since you have no credit, getting a "good" credit card may be problematic, but all credit cards (if you ignore points, etc) act the same if you pay them off in full each month.
Another way to get good credit is to pay off any other bills you have, like your cell phone bill. You also develop credit by taking out student loans as well.
Don't go crazy on the credit cards though. That will kill your credit, and it is harder to recover from bad credit than to start on the right foot in the first place. Your card should not be used as a way to float your lifestyle now that your income has dropped due to less hours. |
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PEACHES & CREAM
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This is really smart of you. I wish I was like you when I was your age. I'm 23 and my credit is messed up. My advice to you is "Pay your bills on time and pay them off". Do not get a credit card and use it on stupid things. If you get a credit card, make sure whatever you purchase is extremely important and at least pay the minimum payment due each month. **Good luck** |
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tickledpink
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Pick a card with low interest if possible 29.9 is bad, has either low membership fee or no membership fee and spend only a small amt per month in which you can easily pay back. Capital One is an excellent card I have 3 credit cards with them and an auto loan, can't be more of a devoted customer than that. |
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MM
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Try applying for a Master Card or Visa at a Credit Union because the interest rates are lower there. Or apply at your Bank. Make sure the interest rate isn't high like 18% or higher. A good rate would be 12% if you can get one lower, good for you. College students can get credit cards without having a credit history. |
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sharonsmineonly
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The credit card type doesn't matter except the visa debit cards don't count as credit since they aren't actually credit cards. Store or gas cards are good. Just be careful VERY careful not to use them more than you can pay off easily..like right when the bills come. Never use them to buy something because you cant afford it. |
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SmartAndHot
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There are few options available for you as far as credit cards are concerned. Its better to check out the site below instead of me pasting everything here. See their student card section. |
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good guy
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Approach the bank and ask for a secured credit card. Use the card regularly and pay off the balance at the end of each month. With no time, you will build a credit history.
http://www.badcreditfixup.com/how-to-establish-credit.php |
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Renee W
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Personally I'm a fan of Visa cause everywhere takes it. Check out their website and kinda look around for the best interest rate you can get. Also, pay off your credit card every month. Don't spend more than you can pay off. If you overspend on your card it can really hurt your credit so be careful. |
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