 Credit Debt? |
Is it true that if you dont pay your credit cards bill for 6 years they just take it off your credit report and stop asking you for the money, cause its unsecured line of credit???
Cause ... |
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 What's a good credit card for an 18 year old to start building good credit? |
| I'd really like to get one, because I know how to not abuse it, and I have the money to pay it back. Thanks.... |
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 Strange Debt Letter Help? |
| I received a letter off a debt collection company this morning saying I owe them nearly a thousand pounds, and unless I sort it out they will start bankruptcy proceedings against me, after they have ... |
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 Debt collectors? |
| Hi i say on the news about zombie debts on how they are agressive. well I have one of them harrassing me on a debt from 1994. The orginal balance was 400 bucks and now they want 18k. I told ... |
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 Paying off old debts? |
Hello everyone,
I have debts from the last several years.
But my question is, is it better to settle on a debt if the collector is willing to, or pay off the entire thing?
... |
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 Where do I get a prepaid mastercard without having to apply and fill out forms? |
| I am 14 and I want to buy a particular item online but I havent got a debit or credit card and my mum says I am not allowed to get it I have got the money needed for the item all I need is a credit ... |
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 Capital one keeps reporting on my report even through its charged off when will it come off my report? |
Additional Details
so even through they keep reporting it will come off 7 years from when it was charged ... |
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 Should i file for bankruptcy? |
| i have over $13,000 in debt, including medical bills, credit cards, and student loans... my minimum payments each month are averaging just under what i make monthly. i'm barely scraping by and ... |
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 What is the reasoning for employers doing credit checks before hiring? |
| and can you refuse it, and can they not hire you because of a flaw on your credit- and how much weight is actually placed on a credit check for a job?... |
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 Credit collection? |
| I have a collecting from Palisades Collection LLC that is on my credit report. My current score if 650, not good, but not horrible. I am trying to raise my score. the collection is from Alltel for 300... |
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 I rent a room from someone and I love it but their credit card company is harassing me.? |
| I rent a room from someone that I know personally. I love living with them and they really need the extra money. So please do not suggested that I just move out. The people that I am living with ... |
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 Trying to repair bad credit. need a major credit card approval to start building.any suggestions? |
| i've never had a credit card before, but have been told if i establish good credit with a card company it will begin to repair my bad credit.my bank declined to give me their in-house visa. are ... |
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 I have lots of Credit Cards? |
I have a few credit cards from sears the bay ect ect
Will closing them make my credit score go down?... |
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 When you write a check, how long is it good for? |
| Example: If I write a check on Sept 1st, can someone cash it still on Nov 1st?... |
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 Credit card offers...is it safe to toss the entire envelope into the trash? |
| I get them in the mail every day. Sometimes I let them accumulate and then end up opening up every single one so i can rip them up and throw them away. Is it safe just to toss it away without ... |
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 Credit Debt Question??? |
| I have about $3,000 worth of credit debt. 4 of them are past due and 2 went to collections. My mom is paying them off for me. (Long story, and I know its embarrassing) How long will it take for my ... |
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 What is the easiest credit card to get approved? |
| For a new person that has very little credit what is the easiest credit card to get approved? I've tried a few already and I've been turned down.... |
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tanatastic | How can i improve my credit, and why is it bad? |
im 25 andmy credit score is around 550 i believe wich is horrible but im not sure why. i dont have much credit history, but a few years back i got a dept. store card with only a $100 limit to build credit. somehow i screwed that up and had a number of late payments on my $15 minimums LOL. i finally paid that off and now i have a $550 limit capitolone card wich was over around 700 until i dropped it now to around $378 on the balance. so how do i get my credit up and why is it so bad even tho i have very little debt? |
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James L
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Having too little debt can hurt you, too. You should have at least two major accounts that you regularly use and make payments on.
The fact that you had bad reports from your previous dept store card doesn't help. These will be on there for a while. |
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jbone907
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late payments, especially repeated ones, will KILL your credit. Then after that, you exceeded your next credit card's limit by more than double. It's your behaviors that hurt your credit, not the amount of dollars you owe. You've shown no reason for any creditor to trust you to spend responsibly, hence your credit rating has suffered.
If you want to fix that, stop missing payments, don't even keep a revolving balance, and only carry a minimum of credit cards. If you have too many open accounts, that can hurt you as well because it represents high potential to get into trouble. BE CAREFUL with those things and only use them like cash. Don't spend, if you can't pay the bill off that same month. |
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Pravda
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Keep you balances low and make your payments on time! It will take a couple of years of good payment history to raise your score. Only add new credit if you can make the payments. Next, dispute any accounts you feel are inaccurate. May I suggest a site that can help you http://www.thecreditrepairmanual.com
Best of Luck, |
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judith11center
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Your score is low because of all your late payments. Also, did you close the account or did the store/credit card people close the account? Pay more than the balance and pay before the due date -- I like to pay the minimum plus the finance charge every month. It will take several years. Don't apply for any more credit cards because everytime you apply they subtract points for the credit inquiry. |
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beauty s
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U have been late on your payments. That's why your score is so low and u need to make sure u pay your bills on time and this will help your score.. |
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childofevil2003
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Every time you make a no payment, or late payment.........your credit shows to be bad.............
You should always pay more than the minimum to keep a good record...........if you pay it off and keep your record clean they will still not accept you as a good customer because you are playing it too safe!!!!
Always...................no matter what the excuse is.............pay your payments on time......if they forget to send you a statement it is not on them...........so make sure you check when is good to pay it and pay it!!!!
if you keep your card at 25% in use and pay more than the minimum your credit will improve!!!!!
good luck!! |
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andrew_hermes
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Credit is a lot like a test in school. If you have a 100 question test and get 5 wrong you're at 95% but if you have a 10 question test and get 5 wrong you are at 50%. The same idea applies to credit. If you have one account and it has bad history then 100% of your accounts have bad history. if you have ten accounts and one with bad history then you have 10% bad, and so on and so on. That being said there are several different ways to improve your credit. The trick is to do it slowly and methodically. Don't go out and open 5 new cards. Open one or two per year and keep your balances at less than 50% of the balance. Also, of course, make all your payments on time. Keep in mind that secured debt (cars, boats, homes) is better than unsecured (credit cards, personal loans). If you can take a loan out on your current or a new car, and still make the payments, then do it. You can also stop some of the "pre-approved" offers of credit that come in the mail. Check out www.optoutprescreen.com to stop some of the junk mail and increase your credit score!! Feel free to e-mail me for more info if you so desire. |
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