 Why is child support showing up on my Equifax credit report as a 'collection account'?!? |
This has to be killing my score.....and whats worse is the fact that I am timely on all payments.
It even has a notation that Im past due $1032, when I just called the office Friday and ... |
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 Does anyone know how long a credit card or collection company can come after you before they stop? |
| I've heard that after so many years, depending on the state you live in, you can get rid of your debt with out paying anything. Basically i'm trying to find away to get my debt cleared. It&#... |
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 What number = "bad" credit score? |
| OK, so what is the real deal on what number your FICO score has to be to be considered "bad credit" or "good credit"?... |
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 Please how can i check my balance inquiry from my credit cards both visa and master.? |
| i mean how much i have left in my credit card?just describe it for me step by step.i use visa and master ... |
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 Could i go to jail if i dont pay my debt? |
| I currently owe about 8 - 10 k in debt and i am currently unemployed for the last 4 months. If i cant pay it until i find a job can they sew me or put me in jail? Any answere willl be great. Thank ... |
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 Advise on collections, whether or not to pay a bill.? |
| I have a bill which I have not paid on in years. So far, the only thing that the collections people have been able to do is call me and send me mail. Big deal, I say to that. So, my question is, &#... |
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 Is it bad.....? |
| that i want to have the lowest points possible?... |
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 Horriable Credit ... Help!? |
I have the worst credit in the world( this is seriously bad) My score is some where below 520. At the current moment I owe about 35,000 and have 2 repossed cars.
Someone Help me.
A... |
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 PAYPAL PROBLEM HELP EVERy1!! EBAYERS HELP ME!!?!?!?!? |
| well heres my problem, i have sold a few things on ebay and ive withdrawed the money into my account.For the first day it said pending and in the second day it said complete, although they say this ... |
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 I have bad credit history anyone no were i can get a hd tv on finance? |
| i want to get a tv on finance but i have realy bad credit history does anyone no were to get one from who does no credit checks ?????... |
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 How do I get off a carloan as the cosigner? |
| I co-signed for my (now) ex-boyfriends car about a year and a half ago. I only did it because I was told that it would only be for a year, and then it could be transferred into his name. Well that ... |
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 I was contacted about a bill that the company said I never paid. However the bill was paid by check. They want |
| They want proof of payment. I would have to order the canceled check, which would cost me money or I would have to send a copy of my bank statement which Idefinitely would not be comfortable doing. B... |
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 On a senior first date to diner should the man pay check by cash or card for best impression? |
| the man does not want to appear"flashy" by exposing a lot of cash for a gormet diner but also is reluctant to to use the card as he is not a heavy card user and manages his finances well,... |
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 Where can iget a consolidation loan? my credit score(around 670), not behind on payments;need 20,000 loan@12% |
| my interest rates on my credit cards is about 21%. i am paying about 900 monthly but wont get out for about 4 years ..would like consolidate and pay off in 2 ... |
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 Looking to find an online or payday advance type of loan place that I can pay back at the rate of 200-250 a mo |
| If anyone has suggestions please respond asap as it is urgent alot of those places have wayyyyy to high of an interest rate for a single mom of two ....I know someone knows of somewhere...Thanks S... |
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 What will happen with credit card debt? |
| I have credit card debt and the consolidation places don't sound good to me. What would happen if I decided not to pay them anymore? What if I choose to pay off one at a time. Can my wages get ... |
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Hubris252 | How will this effect my credit? |
Last year I had to make some emergency expenditures and racked up a few thousand in credit card debt. I have been shifting this debt from card to card to take advantage of the low initial rate on balance transfers. Even counting fees this has saved me several hundred in interest payments. I'm worried however that the reporting agencies won't take that into consideration but only look at the fact that I've shifted the same debt to four different cards in about 18 months.
By the way, I have no other credit card debt and have never been late on a payment for anything. |
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Village I
 |
itll be destroyed |
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FT
|
As long as you've not been late with any payment, your balance doesn't affect you unless you're trying to make a large purchase. I'd recommend paying it off before trying to buy a house to help your debt to income ratio, but for the time being, your score will not lower by having a large balance, it will only lower if you're late. |
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America, The New France
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Make sure that every time you shift the balance, you close the previous card. Having too many credit cards is not good even if the balances are zero because you could, if you wanted to, max out every single card in one day. That's what creditors look at. It's also good to have the balance on the card be as far below the limit as possible. It shows that you are not running up your balance close to your credit limit, which is a sign to creditors of irresponsible use of credit. You're doing the best you can, and that's all that you can do. With the rise in identify theft, there has also been a rise in the fear of low credit scores and bad credit reports, mostly fueled by the companies who make money off of said fear. Don't get caught up in that. It's a marketing technique/scam, and if you pay attention to what these companies say, you'll start to see that under their collective guidelines no one on earth has a chance of having good credit, unless you sign up for their product/service of course. |
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marielynn
 |
you are definitely hurting your credit by switching from card to card. every credit line you've ever had will show up in your credit reports, when they were opened and closed. credit agencies can only see how much debt you have against you, those special fees you are receiving will not show up. One determining factor in your credit score is the number if credit lines you have opened, and when new ones are constantly being opened and closed, it doesn't look good at all.
The best way to build your credit is to stick with just a few, and pay off your debt. I suggest you stay with the card you have now and build some credit up. |
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D.S.M
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techincally i dont think it will affect it to much bc your paying the bill, but in the long run it wont help you, it will start to affect you negatively. Why dont you get a credit report and see what its doing your entiled to one free one from the three agencies. |
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Beverly S
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So you have 4 credit cards that are all paid on time & no other debt? The shifting will not hurt your credit. Just make sure you are paying down on the principal or you will not save money, since most times they charge you for balance transfers. I might even suggest closing one of the cards that has had a zero balance the longest. 4 credit cards is a little on the high side but still I would imagine your credit score is fine. |
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T-Dog
 |
Transferring debt does not hurt your credit if you are not incurring more debt. I did it to keep my interest rate at the low introductory rate of 0% years ago to pay off credit card debt. I have always had excellent credit. At that time, I was focused on paying off the debt so with every transfer, I closed the previously used card. |
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Halya
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What will affect your credit is the amount you have on loan compared to your credit worthiness. Example: If your credit worthiness is 10,000.00 and you are 2,000.00 in debt your credit score would be higher (given no late payments) than if you are 8,000 in debt. |
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Jennifer
 |
Hi,
I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58% .It's legitimate.I came across this company on NBC News Special Edition.Check it out here:
http://www.x.se/a5nf |
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biggenbill36
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Moving the balance does not hurt your credit. The new cards do however. After 6 to 12 months that negative effect will start to turn to a positive as you keep the payments on time. Closing cards can hurt your score. The scoring model likes long established accounts. Utilizing a low amount of your available credit will help as well. If you are going to make a large credit purchase in the near future you may want to end the practice. i.e. a car or home loan. If the cards you are moving the balance to have high annual fees stay away. You will be tempted to close those cards and thusly hurt your score of be faced with paying fees and offsetting your savings. Hope this helps. |
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catmandoozie
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Unfortunately when you move your balances from one card to another this is affecting your credit report. Check out this website...there is a lot of information on it. |
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Ted
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Creditors frequently look past the score and read the report. At some point you might find yourself unable to obtain credit because the creditors will label you as a jumper and figure that there is no point in dealing with you because you will be gone in a matter of months anyway as soon as you can get a better deal. |
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