 Can somebody tell me a good way to settle my credit card debt without destroying my credit? ? |
| I recently lost my job and i can`t keep paying not even minimum balances. I have around $9.000 in debt and minimum balances add to almost $500 a month + i have the car payment with insurance $600 a ... |
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 How long can a credit card keep sending you bills? |
| I have been receiving a bill from thee same credit card for 14 years, they keep adding interest. i was under the impression that the account was closed in 1992.... |
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| I'm 19 years old and I'm in credit card debt, apartment debt and school debt. I need around $8,000. I was called about a loan acouple of months ago that would give at least $5,000 loan with ... |
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| I cannot get a mobile phone, catalogue, store card or anything that involves credit no matter how small, but I can get a mobile phone through a no credit check finance company which promises it ... |
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| I have a credit score of 549. Seeking 100% home loan for 120,000. Already approved for 80k. Any suggestions? |
| The only negatives on me credit report are a 60 day late car loan that I cosigned for and my credit card debt is a little high. But all other payments have been made on time. I need to move and ... |
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| I lost my bank card a couple of days ago and I have to wait for a new one, how do I get money out of my bank in between as I need it urgently. Im at Barclays. Can I bring some ID down and verify some ... |
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 Need some financial advise? |
| Okay, about two years ago I started getting behind on things because I had to take a very low paying job. Well, it has gotten out of hand because I haven't been able to pay on anything for ... |
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 If I think a bill from a merchant is too high and refuse to pay the full amount, does it go to collections? |
| I recently received a bill from my CPA for $450 for doing my taxes. I am a single W2 filer, and this amount is outrageous. I am not willing to pay the full amount. If he insists on being paid this ... |
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 I have 240 bucks in total, I have 3 bills to pay. I know I dont have enough but I need to pay 89 to y visa? |
| 107 to my mastercard and 133 to my cable/telephone.Which would u pay.or how would u split the money so each get equally.... |
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| I thought I'd read somewhere that this wasn't allowed and it's happened to me twice this month!... |
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 How many credit cards are too many? |
| Is there a certain number of cards that a person should stick to having? Like for examply I have 5 credit cards right, but my total debt/credit line ratio is only like 30%... is this bad?... |
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 If I close the credit card I've had five years, and open another, how does that look credit wise? |
| I've had the same credit card five years, and have never been late with payments. However, I'm planning to pay that card off and have it cosed in exchange for another with lower interest, ... |
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 Doesn't rent count as credit? |
| I've applied at places like Kohl's, Sears, local grocery store, and online. They all say I have no credit. I even got my credit report from one of them and they said I don't have bad ... |
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 Did my coworker get what he deserved? |
| About a month ago I pissed off one of my coworkers and he called me a c*nt. I am not one to get mad, just even. So I let it go, knowing that his time will come. So...low and behold a creditor just ... |
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 I need to know a debt consolidation company for payday loans? |
| I need to pay these check advance places but I need help. Do anyone know of a debt consoldation company that will do this?... |
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 My credit rating is very very poor, I've been paying everything on time but its not improving? |
| I noticed about 8 months ago that my credit score is very poor(511) so I took the nessary steps and got my 3 open accounts up to date I also cleared 2 defaults lately and took my store card below its ... |
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kranthi k | How can i get a credit card for a teenager? |
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Perplexed Music Lover
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Most credit card companies allow the cardholder (in this case, the child's parent) to obtain a supplementary credit card that can be used by the cardholder's child. Please be aware though that the primary cardholder is 100% responsible for all charges made on the card, so you might want to think twice about giving a supplementary credit card to your spendthrift daughter or fiscally irresponsible son. In some cases, it may be possible for the credit card company to impose a spending limit (say, $500) on the supplementary credit card. Contact the issuer of the credit card for more information. |
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Celestian Vega
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The question is: Why would you get a credit card for a teenager? |
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DaMan
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Credit card for a teenager is a recipe for disaster.
A better teaching example for a teenager is to buy them a Visa Gift card (pre-paid) with an amount, in total, you would be willing to lose if the teenager overspends or has sprees.
Thus, when the teenager exceeds the value of the gift card and runs out of money before he/she runs out of month, you can encourage them to pawn some of their things or to do extra jobs to get the money as "regular folk do!".
With the Visa gift card, you can teach the personal finance lesson to your teenager and give them limited access to money without risking your own credit score! |
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filipina_babe_8
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NOOOOOOOO!!!!!!!!
bad idea =) |
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colin.richards4
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As long as the person is over 18 years of age you have a number of options. Apply for a Aqua card yes high interest rates but if no previous credit history a good choice also a low credit limit, 2nd is to have the 18 year old as an additional cardholder on your account again keep the credit limit low as you will be responsible for their spend. |
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jorzelyn
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You can't get a teenager a credit card in their name unless they are 18. Even then, you'd have to co-sign most likely. Try your bank to see if your child qualifies for one. Otherwise, the only thing you can do is make your teenager an authorized user on yours. You might want to think about only authorizing a small amount though :) |
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brian_wcu
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no. no way. worst idea I have ever heard. |
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thuiett
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get a secured card. That way they can build credit and learn to use it wisely. so when there 18 theyll have great credit the company new melluim will give u two secured cards for aroung $200 and then they have to credit lines only give the teen one of the cards and add them as auth acct holders to your current cards to add even more credit to them and then they`ll have a1 credit whith out doing any thing at all |
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STEVEN F
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You know your teenager better than anyone on Yahoo Answers. Are you certain they are responsible enough to have a credit card? If not, you could be asking for problems. You will probably need to co-sign on the account which makes you liable if they default. I would recommend against adding them to an existing card. If they get in trouble with the card, it is easier to freeze the account if you don't use it yourself. |
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lupe797
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Don't do it. I know its more of a hassle for them not to have a credit card but the first year my brother went on to college, we got him a credit card. We told him it should be used for emergency purposes only. Did he listen? NO! He went on a shopping spree (relying on financial aid to cover for the cost). Well, when his financial aid finally got here, he had to give up $2,000 of it to pay back the card, leaving him with practically nothing again. My older brother took away the card because he didn't understand how to use it and what an emergency meant. He spent $100 on sunglasses just because he knew he would pay it back...instead of just waiting for his money to get there. If your teenager needs something that needs to be put on a credit card, its better that you are there to see what it is he or she is buying. |
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helo pilot cfi
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have Mom and Pop co- sign it then be their slave |
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kewlsurf27
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What are you thinking? |
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le_brothers
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For starters, if the teenager is one who is unable to responsibly handle that kind of power with money, a credit card is a very bad idea. Before you get a credit card, make sure the person using it realizes the risk that they're taking and is able to handle it.
It really depends on the bank that you go to, but most will have a student visa program. I never applied for one, but from what I've heard about it you need either a parent or guardian to sign off on it - a teenager cannot just get themselves a credit card (the only possible exception to that would be emmancipated teens).
If you're a teenager looking to get a credit card, then start by talking to your parents. Do a bit of research with your bank before hand, so that your parents can see that you're prepared and know what you're doing. However, be careful, because in the end, this is your credit history that you're messing with.
If you're a parent looking to get a credit card for your teenager, you might want to make sure that they're responsible to handle this. Once again, do a bit of background research with your bank, but also make sure you have a conversation with your child before you get them a credit card. Surely you've heard of the horrors of bad credit. |
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Jersey Girl
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First, if over 18, and has a job and the parent co signs, as for a store credit card that the parents have, they would give one, usually if good credit is in standing for the parent and of course, no credit for the child! |
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foxymama
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the best thing to do is get them a student card and put money on it. |
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twocute4u
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Try one of the banks in your home town. My sone just gradated from high school in june. A few weeks after he graduated and turned 18 he applied for a bank card at wachovia bank and got it with a credit limit of $500 dollars. No co-signer and this is not a secured card. So try with a bank. If your child is 18 then they should be able to get one with no problem. |
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