 I am in desperate need of a loan to continue paying my mortgage and take my 9 year old daughter on holiday? |
| I have been cheated out of a £10,000 payment owed to me through work,there is not much i can do about it, i have future secure well paying work, its just a temporary cash flow problem. Who or where ... |
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 What should I pay off first, $8000 in credit card bills, or $5000 in hospital bills? |
| I'm graduating this fall from college and I really want to get out of as much bad debt as I possibly can. I anticipate earning approximately $10000 at my summer job and I'm unsure of which ... |
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 Is a credit card w/ a limit of $1,000, and APR of 23.90% a good deal for a college student? (My second card)? |
| This is my second card and the annual membership fee is 69 dollars with an enrollment fee of $69. It's a visa platinum card.... |
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 Will closing unused accounts hurt or help my credit? |
| I have a decent line of credit and a mediocre credit score. I have a "good cushion" of credit avaible. One of the "negative" factors on my credit is cards with low available ... |
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 Do I have good credit? My credit limit on my Bank of America card is $8800 and they keep raising it.? |
| I have missed payments in the past year when I wasn't working and recently due to some unfair practices of Bank of America. But it seems like despite my late payments, I have decent credit?... |
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 I own no credit cards and I am in Debt, How do i get out???? |
| I have never owned a credit card and i am in debt. I want to make my credit score better. I have heard things fall off your credit after 7 years is this true? How can I change what is showing on my ... |
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 Can i get a credit card with out my parents consent? |
I'm 16
Additional Details
and what about debit cards? because they just automatically remove money from your account rather than seperate payments.... |
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 What do I pay off first? Collections $ 197, 225, & 450. Or credit cards $510, 890, & 442? Want to raise credit |
| I want to clean up my credit and pay things off but I don't know what's more important and will help raise the score quickest. The credit cards are active except for the 890. I still get a ... |
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 After going to collections, do I still have to pay? |
| I have just a little over $20,000 in credit card debt. Its about 5 different credit cards and I havent paid them in 4-7 months. Some are in collections already and I have received a letter from an ... |
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 I need some advise on getting a credit card.? |
| This is my first credit card and i want to get a car and possibly in the future rent an apartment but i have no type of credit. i applied for discover and they denied me so does anyone have any ... |
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 How many credit cards should you have? |
| I have 4 cards – one for gas, one for food, one for vacations, and another for emergencies. Ideally speaking, how many credit cards should you have?... |
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 How does an 14-year-old with no credit history get a credit card? |
| I'm 14 and I have tried 2 diffrent places the first was american express and the second was discoverey. They both wouldn't except me because I'm below the age of 15 and 18. Can some ... |
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 How do I get out a car payment/loan I cannot afford? |
| I don't make nearly as much money as I use to and I am struggling with my car payments.... |
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 Should I file for bankruptcy? |
| I'm 27 and want to buy a house but I can't bc I'm about 10,000.00 in debt to about 15 credit agencies for random stuff and medical bills. I really can't pay them off. I just ... |
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 Trying to buy a phone and refused, saying I have a poor credit rating which I know nothing about!? |
| I live in the United Kingdom and was trying to buy a mobile phone online from dialaphone. They sent me an email saying that they refuse to sell the phone package to me because i have a poor credit ... |
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| I have never had credit..? |
How can I build up credit? I've never had a credit card, closest thing to it is my debit card. Help please.
Additional Details
I thought it would be a good idea to build up credit ... |
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 When you have debt will the credit card companies send you a certified letter? |
| I'd assume when they are suing you, but just wanted to check My friend has a certified letter to pick up and she is scared about doing it. What else could it be?... |
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tamara_attson | How long before you can start applying for other credit cards if you barley got one a month ago? |
I want to get another credit card from like best buy are some where and I barley got mine like a month ago, I paid it off and i want to know how long i have to wait before i get to "build my credit" with that? |
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Lola76
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Don't open new cards to build up your credit. Use the card you have and pay it off in full each month. That is how you can build up your credit score. If you have too much available credit, that can be a bad thing. Stick to one main card and go with that! |
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ramjet
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the best way is not to get one at all. If you have a universal credit card like VISA, AE, or Master Card - that's all you need.
Having too many credit cards sets you up for a BAD credit rating because it's too tempting to over use them.
If you are able to manage one credit card and pay it off every month, your credit rating will be fine.
If you insist, however - and since you already have one - it should be very easy to get another one right away. |
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bakfanlin
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One or two credit cards are all you need. Too many cards can be as detremental to your credit rating as not paying for them.. Even if they don't have a balance on them. |
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Billy
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My Friend.... I Worked For A Compant That Issues The Best Buy Card.... DONT GET IT!!! The Interest Is Ridiculous And So Is The Fees |
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phenom
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id wait 3 or 4 months so it will show on your credit report if you are getting credit cards makes sure you have a steady way to pay them off dont buy things that you cant afford I know it sounds stupid but if you want to improve your credit dont get credit you cant afford it the credit beareus dont want you to have more then 2 or 3 credit cards it makes you look irresponsible |
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TexasChick
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Just remember, every time you apply for new credit there's an inquiry on your credit report, which drives your credit score down. |
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David S
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You can apply right away. Just be careful...credit cards can get you deep in debt. Be very judicious. |
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?
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first of all... try and stay away from credit cards... building credit is a good thing, but temptation in using them is another.
Avoid "shopping for credit." Each time you apply for a loan or credit card, an inquiry from that lender will be reflected on your credit report. Too many inquiries can signal to a potential lender that you're a risky customer.
If your application for credit is denied, you're entitled to a free credit report. The denial letter you receive should list the credit bureau used. Contact that company for the copy of your credit report.
If you don't understand the report, contact the credit bureau or your local consumer credit counselor.
Setting up an automatic payment plan with your credit card company can help ensure that you never miss your minimum credit card payment.
If you never use credit of any kind, it doesn't mean that you'll have a great credit history. Most lenders prefer to see a history of credit and debt payment. |
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MR.B
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ANY TIME YOU WANT |
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justwondering
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Never ever get a "store card" always get a visa or master or discover or American express they are accepted almost everywhere (even in the stores) and it is better to build up the credit with one company if you are just starting out. The stores will jack up the instrest rates and take more of your money.
The stores pray on young people who want stuff and don't want to wait for the stuff and might not be able to pay back the money for the stuff for a long time. The longer you take to pay the more money they make off of you!! |
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necks
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Don't know much about this credit card stuff besides i live in the Caribbean. We don't deal with credit cards much. |
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Ying
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You can try now if you haven't been excessively applying anywhere else and if the other card was your only card. Be mindful that excessive credit inquiries can lower your credit score. |
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m
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barley is in beer and in mushroom soup. |
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rho_ro
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If you are trying to build credit I would wait a while. You can build credit more effectively by using the one card you have. Be very careful to stay below 50% of your limit because that will hurt you and pay it off each month. I would stay away from department store cards like Best Buy because they usually have a ridiculous interst rate.
I personally waited a year to get a second card. I believe having too many credit requests within 6 months hurts your score. My actually went down a little when I got a car loan and then applied to a mortgage loan because the car loan was too new. Don't forgot to get your free credit report each year. I hope this helps. |
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BabyGirl
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If you barely got this card a month ago, used it, and paid it off you are on your way to biulding credit. As far as a time limit on applying for another I don't think there is one, however, I should warn you credit cards can cause major trouble if you get too many and abuse them. They can also give you terrible credit. It all depends on you as to the type of credit history you want. |
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Claudia
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Credit scores are tricky. You build credit by using your card and making at least your monthly payments on time. You don't want to run your card over 50%. Department store credit cards are not the best way to strengthen your score. Keeping cards open for a longer period of time helps too, after 3 years it looks good on your credit (shows that you can manage it for a significant period of time.) You just got your first credit card? Don't close it! I would wait at least 6 months before applying for other cards. Go to www.experian.com, it is one of the major credit reporting agencies. It should give you some tips. |
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Kurius_Kitten
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You can apply for credit cards as often as you like. They just will start you out with small credit lines, till they see you are able to pay your payments and their on time. |
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half sam, half amazing
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you can apply for as many credit cards as you'd like as often as you'd like. It's up to the credit company whether they accept you or not. But only apply for a credit card when you think you will be approved. And don't apply for too many. |
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Searcher
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Whoa!! Stay AWAY from store credit cards. Take a look at the interest rate on them. They will sock it to you with late fees.
Trust me on this one...if you are trying to build up credit, your best bet is to charge only what you can repay each month. For instance, set aside the amount of money you charge on the credit card by placing that amount in a saving account. Then when the bill arrives, use that money to pay it off.
The problem is that if you take out more than one credit card, eventually you will get into the credit card trap. Which means that you won't be building up your credit rating, you will be building up your credit card payments (and interest charges) each month.
Bad idea to take out additional credit cards, because if you get them, you will be more likely to be tempted to spend above what you can pay off. |
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