 I'm 21 and need to build credit? |
I'd like to build some credit. As of now I have a checking account and have had a phone contract since I was 16.
What else can I do to build credit? I know a credit card... but I'... |
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 Which is the BEST credit card to use to get the most rewards points? |
| also would like to be linked to a frequent flyer program and have a high limit as for company use...... |
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 What is the best Credit Card for a college student? |
| I am a college student trying to establish credit and am looking for a card with a low fixed interest rate. I don't know where to look because there are so many choices out there. Are there any ... |
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 What would be the best prepaid credit/debit card? |
I don't like carrying around actual money so instead, I carry my debit card. I am terrible with money, I keep spending it so I need to limit myself.
What would be the best prepaid ... |
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 Will cancelling bank account stop ACH payment without NSF fee? |
| I have two payees that want to hit my bank account for an ACH payments. The payments are in dispute where they say I owe them and I say that I do not. The payees had been previously authorized to ... |
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 Can an 18 year old with no credit get a car loan with no co-signer.? |
| He has worked the same job for a year and makes $900 a month. Besides "buy here pay here" are there any auto loans avaiable?... |
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 Question about an old collection acccount? |
| Yesterday I pulled my credit reports from all three bureaus and discovered that on one report there was an old collection account. I called the collection agency and discovered that it was for an ... |
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 Can you help me understand some credit questions I have? |
I need to hear from people who've experienced good or bad credit on their credit cards.
-What is the value of a good credit score when it comes to life? Things such as buying a car.
-A... |
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 How to build a good credit score? |
| I have no credit what so ever. I've tried to apply for credit cards, but been rejected from all. So how am I supposed to build a good credit score if I can't have a credit card? What can I ... |
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 My visa check/debit card? |
ok so i was at walmart ready to buy a videogame today..
it was $130 when my account only has like $20, but i thought it would go through and i can pay at the end of the month.
so i swipe ... |
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 Why am I finding impossible to get someone to pay a debt even if he has the means (money, property) to pay? |
| I lent some money to a friend who now refuses to pay it back despite having the means to do so. Normal legal procedure won't work because I realised too late that is a serial debtor and know all ... |
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 Credit Card? |
| I'm ready to get a credit card.. It's my first one any ideas on the one i should get?... |
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 Bancruptcy? |
| i owe 40k in secured debt and 35k in unsecured, if i go bancrupt will it wipe the secured debt too? even if its in joint names? im currently on a debt management plan for the unsecured stuff. i have ... |
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 Does debt counselers help? |
| or is it just another ... |
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 I Dont know what to do? |
| i have 3 credit cards and the limit on those are more then 14,000 all together but i cant pay them and i havnt payed any of them what should i do so i could bring my score back up and how?... |
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 How do you build your credit with a 566 score? |
| OK, pulled my credit report, my total debt is $6700.00. Thats it. I have no bankruptcy, no credit card debt. Its all collection accounts. I applied for a credit card and was turned down. I dont want ... |
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STACEY | How long does it take for a car loan to appear on your credit report? |
My husband and I both need new cars. We have an average credit rating. Will the 1st car purchase (we will have a down pymnt) make it harder for the 2nd car loan (w/ $4000 down & trade in worth $8,000)? Do you need to wait a few months or could we purchase both in the same month? |
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Expert Realtor
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You are better off purchasing them both in the same month, preferrably on the same day.
I hate to say it, but someone else will...one dealership will be 100% unaware of the other loan and that will increase your chance of approval AND get you a better interest rate for both loans.
If you wait a few months, you risk getting denied and a higher interest rate.
If they question the inquiries, just say you've been shopping around.
Investers do this alot with houses...they'll purchase 2 or 3 in the same 2 or 3 week span, so they don't hit their DTI, especially if they are flips. |
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bdancer222
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You might get a better deal on both cars if you buy them at the same time.
But the first car loan will impact your score. Do you really both NEED new cars or is it that you both WANT new cars. If you wait and save, you won't end up with two big car payments. |
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Anna K
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Today every person has need of car, because it has become the necessary need for the people and status symbol also. If you have bad credit history or poor credit history and look for purchase a car, then it is very tough for you. Due to bad credit history, lenders are not keen toward<!--providing you loan, but do not be discouraged.Generally, bad credit car loans are available at higher interest rate, but you can take at competitive interest rate after placing your assets as collateral in secured bad credit cal loan.
http://badcredits.awardspace.com/guaranteed-car-loan.htm
You also can grab bad credit car loan without keeping your asset as collateral, but you have to pay competitively higher interest rate. Hence-->you can take this loan at better rate, because competition among lender.You can reduce your interest rate after talking with the lender |
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outlawimmortal2
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Most creditors report to the bureau monthly so, it should show within 30 to 60 days depnding on when you made your purchase. |
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tab
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Different financing companies report credit at different intervals. Most report every 30 days. If they report every 30 days depending on when you get the loan compared to their reporting schedule it could take more than a month to see it appear.
Your credit score and debt to income ratio (debt divided by income) will determine your interest rate and the total loan you qualify for. Waiting really will not make a difference. |
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donniebre
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I have a 0% apr 72 month auto loan through chase, and they did'nt report for almost a year, so you just never know. If you both need new cars, either do it at the same time, or apply individually, you buy your car he buys his. Or if you do decide to be cosigners for each other, it should'nt hurt your credit that bad. Think about it what family DOES'NT have 2 car payments? |
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wisedrdave
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When you take out a new loan or debt (car, home mortgage. credit card) the info hits your credit report pretty fast, usually no later than the end of that month. Your credit report and FICO score is comprised of several factors kept highly secret and mysterious by the reporting agencies (Equifax, Experian, Transunion) that devise and report them to potential lenders.
But essentially, they look at payment history, amount of debt vs. credit available (on credit cards for example), employment stability, home ownership, events and public records (delinquincies, bankruptcies, liens). The lender will also take into account your income.
Having taken on new debt certainly cannot help your credit score, but the good news is that a change in any one the areas mentioned above only changes the overall rating by the weight that it measures into the score.
Tip: your credit report is available, by law, once a year from the credit reporting agencies. Check out equifax.com, experian.com, or transunion.com. For a fee, you can get all 3 at once and your FICO score. You can view it immediatel online! Go check it out and make sure it's correct too-it has a tool for disputing any false info or debts you already paid but still showing up. |
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