 Does anyone have an opinion about those debt eliminating companies? They reduce 60% of your debt in 3 years.? |
Additional Details
Apparently, you open a bank account, don't pay the credit card companies for 3-4 months but send payments to your account to build up enough money for them to ... |
|
 How do I raise my credit score? |
| So as a teen I screwed up some, landing me 3k in debt and boasting a score of 580 :( :( so im 22 now and I really wanna fix this. what do I do?... |
|
 Are my Credit Cards being fair?? |
| I just called to ask my credit card companies to lower my interest rate, and they said they can't do that until I get back into my limit. I am only 200 dollars over my limit on both, and my debt ... |
|
 Fiancial Advice for someone who is in big trouble. What should my friend do? |
| My friend's parents are in debt 2 Million dollars because of some bad investments. They are trying to pay the mortgage on their home. The mortgage is 10k per month. The husband just lost his ... |
|
 Is it legal for credit card companies to increase interest to 34.9%? |
| queried why payments were increased and was told interest rate was increased by 10%.... |
|
 I have POOR credit and need help? |
| I have POOR credit, and a small debt. Because of my credit I can't get a loan, and because the debt is small I can't do consolidation. Is there any other offers I could take advantage of?... |
|
 Can someone check my credit without my social security number? |
| I am applying to rent an apartment and the advertisement said that there was a credit check. The application doesn't ask for my social security number. There is no application or credit check ... |
|
| Debt recovery? |
| My son has left home owing monies to a major credit card company..his address for this debt is my own and my wifes. we do not have any contact with our son as he just got up and left with no contact ... |
|
 Do I have too many cards open that may be hurting more credit score? |
| I have 2 credit cards that are activeted and1 that is not activated. The first card was activated 07/07. The 2nd 09/07 and the 3trd one is open (againts my wises) but not activated 10/07. I also have ... |
|
 My remaining balance on my credit card? |
| remaining credit balance on my Banco De Oro Shop More credit card number 5125 7102 7540 5101... |
|
 Can a collection agency look into your credit report without your consent? |
| This morning I found a new inquiry made by a collection agency. Is this legal?... |
|
 My family used my credit card? Help! |
A sibling committed fraud in my name, with a credit card, over $10,000.
What are the consequences, if I report it, or decided to do nothing?
Please, answer seriously. I don't ... |
|
 Credit Card Fraud? Please help!!? |
| Hello, I have been using godaddy.com for stuff a couple days. I have only purchased 2 items on godaddy.com, which was Hosting plan-1 year for $38(with 10% off) and $8 domain. I even have the receipt ... |
|
 Job centre crisis loan? |
| Has anone had a crisis loan from the Job Centre? How much did you get? What are the terms of re-payment?... |
|
 Can someone tell me the consequences of going bankrupt? |
| I'm in too much debt and unable to pay it all and can only see the way forward is bankruptcy, not sure on how to do it and i dont no the full consequences of doing this. can anyone help?... |
|
| Free Credit Report? |
| I keep seeing the commercial on TV about freecreditreport.com, but then it asks for your credit card number for some kind of charge. How is that "FREE?" I will not give them my CC number ... |
|
 How did someone get my credit card account number? |
| my credit card number has been used by someone. How do people get these? I have never ordered any thing online with this card, in fact I rarely use it.... |
|
|  |
lvbrdy4vr | How to build up good credit? |
My credit score is only 608 and I was bad with paying my bills on time a few years back. Now that I am older and trying to get myself straight I was wondering how to build my credit? I have a Capital One credit card but they are the only ones that will take me. Please Help! |
 |
 
$m¤¤v¥ £¤¢¤
|
I have some good news and bad news. I'll start with the bad news first. While you're building credit with your capital one card, the problem is that your credit line is not reported, only the highest reported balance during that time. So let's say that your limit is $500, and you use $350, guess what? It's going to show $350, which can throw your score in flux. 30% of your score counts on what you truly owe vs. your available credit. With it not reporting as it should, it's going to have an effect on your score. I know after I've said this that you want to cancel the card, but you've already opened up the card, so in essence you're stuck with it. Closing it now, will only tank your score even more.
But remember I said that I have some good news? Well I just saved a bunch of money by switiching to GEICO! j/k No all jokes aside, I have a couple of tips that can help you get your score back to respectability.
1. Become an A.U.- If you have a close friend or family member with excellent credit, ask them to add you to one of their credit cards in excellent standing as an authorized user. The ideal account should be opened for 3-5 years, with a high limit, a balance of 30% or less of the available credit, with a perfect payment history, once added, the activity from the account should reflect on your report, giving you an instant boost. I posted a link that explains it more detail.
2. Get a secured card- While these are the easiest cards to get, they also require $, but don't worry you'll get it back usually after a year of paying on time and keeping the balance low. Think of this as a way to build credit with a savings account becuase the deposit, which is usually tied to a savings account determines your credit line. Remember that you'll get this back, if you pay on time and this can also be a way to discipline yourself to save money because it forces you not to touch it for at least a year. If you can add to the deposit periodically, it will boost your credit line, which will help your debt to available credit ratio. (I posted the link to where you can apply for an Orchard Bank secured card)
I hope my answer helps you out
Good Luck! |
|
ashypink
 |
I started off on Captial One and now my credit score is a 650 and when i first signed up i didn't pay them on time and they didn't boost my account up to 1,000 but they sent me blank checks when i finished paying the $500 dollar credit limit. So far they have been good just don't sign up for the payment protection plan. interest will eat you up |
|
Pengy
|
Pay your bills on time
Pay off your capital one credit card but do not close it
See i you can get a card that requires a deposit, again keep the balance low |
|
Blunt
|
Close store cards. They will take points off the credit score
Do not close your current credit card
Pay more than the minimum balance every month.
Live within your means
Save money
Pay off car notes, student loans, furniture loans etc. Paid off loans will increased your credut score.
Do not apply for any more loans or credit cards. If they deny you, it will take points off your credit score.
Good luck |
|
SPIFIMAN1
|
Just use you Cap-1 card for every day purchases like food and gas, keep your balance below 30% of your limit every month and pay before the due date. This will avoide interest charges and establish a good pay history.
After you get another card do the same thing with it but do not close your Cap-1 account. After about 12-18 months your score should improve a lot.
Good credit takes a long time to establish and only a couple of months to trash. |
|
beauty s
|
pay capital One bill on time and don't use all the money, use like 50% or less.. and u will see 6 monts to a year that your score it up.. |
|
Celz
|
too much credit is no good so dont think that by having alot of credit cards and store cards your score will increase, as a matter of fact it will decrease so stick with the cards you have already. make payments on time every month...one late payment will decrease your score dramatically. keep bal 25-30% of card limit. basically the only thing that will improve your credit is history and the way to gain history is by paying every month on time. just make small purchases every month and pay it the same month. what i normally do is pay the bal off before the company reports to the credit bureau so it shows that i purchased and paid but at the time my bal will be zero. reason being is because a few months ago i made a purchase and had a bal when the company reported to the bureaus and my score decreased so i might as well be safe and pay it off before its reported to avoid my score decreasing. Good Luck. |
|
Jess
 |
Maybe you can try below website to get the information you need. It's about credit score and how you can improve it articles for your second opinion. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 32 minutes(s) ago
| | | |
9 | 34 minutes(s) ago
| | | |
9 | 46 minutes(s) ago
| | | |
9 | 47 minutes(s) ago
| | | |
7 | 56 minutes(s) ago
| | | |
9 | 1 hour(s) ago
| | | |
9 | 4 hour(s) ago
| | | |
8 | 7 hour(s) ago
| | | |
9 | 8 hour(s) ago
| | | |
9 | 9 hour(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
