 No credit, How do I start and what is a good credit card for a beginner\r? |
| I am 20 years old and after trying to get a card for a store I find I have 0 credit history. I have never owned a credit card and want to pick a good one to start bulding credit. Does anyone know a ... |
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 I've been told that after so many years, credit card debt goes away. Is this true? |
| A company that will go unnamed wants to settle with me at 11% of my original debt. This is over 5 years old.... |
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 ANSWERS QUICKLY!!!! What should I do? |
| I recieved a letter in the mail followed by a check for 2,850.00. They said I won a lottery for $56,000. They said I have to deposit the check, and send them back the check and they will send me ... |
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 How can my ex get loans and credit when he doesnt live here anymore? |
We jointly own my house, we separated nearly two yrs ago. Only morg and council tax had his name on everything else was in my name. Yet he has been able to get cards and loans.
How is this ... |
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 I am trying to improve my credit after a really bad year. I can't even get a secured credit card.? |
| I had a really bad year last year and don't know what to do. I've never had a credit card, but I have a defaulted student loan and line of credit on my report. I am paying both of these ... |
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 I need a loan, but have not so good credit.? |
| Something came up today that I'm going crazy about. Well, two things. First of all, my whole pay check for the next two weeks is gone. Second, I need to get a loan badly. As in... Either if I ... |
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 I loaned money to my brother and he isn't paying it back. I live in PA, how do I go about getting it back? |
| I leant him money to pay his mortage because his house was going up for sheriff sale. I took a cash advance on my credit card but he has not giving my anything to me for the payments. He agreed to ... |
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 Ok u have bad credit adn well need to pay ooffbills but cant afford to pay them how can u pay? |
| biulls are at least 300 too 1000 doesit hurt to jstu payu oen atat itime when u needd exta money how canu fix ... |
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 Is it ellagal for my bank to charge me everymonth even if i'm overdrawn by one day. i have no overdraft .? |
| i am consistantly being charged by my bank. i don't qaulify for a overdraft facility. i am currrently working two part time jobs, i also recieve ema of £30 a week. my ema payments always arrive ... |
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 I don't have great credit, but would really like to get a credit card to start building some revolving credit. |
| Any suggestions? I would like to get the best possible card to start building some credit. But they have to accept almost anyone because of my bad credit.... |
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 Should I file for Bankruptcy? |
| I have about $9,000 in cc debts. They were back in 2000. They are still coming after me. I am currently wokring but helping my husband pay the home bills *all under his name* since i have horrible ... |
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 Joint Bank Account Gone Fraudulent, Need Help! =)? |
Hello,
I opened my Chase Checking Account when I was 15 years old (a minor at the time) with my dad as a join account. Well I just graduated from college and found out my dad sent the ... |
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 Why did I not receive my credit as promised when I returned your tea? |
| I know you received my return product because I received the green postal card and you said my money would be refunded. So what gives? You've had more than enough time to take care of this.... |
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 I want debt consolid. loan from credit union for 10k with credit score of 645. Will I be approved? |
| I want to get a debt conso loan from the credit union I just joined. I have a fair credit score of 645-650 depending on which credit report you pull. However, I also have a delinquent cell phone ... |
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 My credit card bill didn't come? |
| My credit card bill didn't arrive in the mail like it should've, what would happen if my credit card bill doesn't come at all?... |
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 Recommended first Credit Card for a college student? |
i'm a college student looking for a credit card. i need a card that allows online banking and paying for bills, which i believe almost all do that now.
i was interested in this one...... |
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DENISE W | I 'm 25 single mom. I working on paying off my debt. How soon does these payments show on your credit score? |
I owe about 7 thousand dollars spread over 4 seperate accounts. My student loan is the biggest of all @ 5thousand dollars. I am making my monthly payments but not always on time. I also have 3 more accounts that are past due all under 400 dollars each and plan to pay them off very soon. Once paid how soon will this payment be reflected on my credit score. Will this show as paid on my credit report. Is so how long does this take. |
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Robert C
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Hello it usually takes about 2-3 months to clear and show up payed on you credit report. |
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beauty s
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After u pay your debt off in full it takes up to 30 to 90 days to show up on your creidt report and your score will go up too.. but its hard to say how much |
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H. A
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It depends on the creditor. Most update their reporting to the credit bureaus every thirty to sixty days; some only report quarterly. I would ask each creditor how often they report, and you can send in paid in full receipts directly to the bureaus and ask that they verify and update your file as fast as possible. This is known as fast tracking, and can usually be completed in about two weeks. Hope this helps. |
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Maggie Jeans
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Good work - you are on the right track.
Here is a plan that works.
Write a realistic budget for yourself. Include everything from diapers and video rentals to food, electirc etc. Now stick to it.
Try and not incur any more credit card debt until you get the existing debts paid off. Pay everything in cash (if you can), at least for a while. Lock up the credit cards, and only use them in an emergency.
Now a few minor adjustments to paying off the debts -
1 - Payments MUST be sent so they arrive on time. Check with your bank to see if they have on line bill payments. This oculd save your time and make it easier to get them done on time. Give yourself 3 - 5 days for payments to hit.
2 - Contact the credit card companies to see if they would lower your rate. If they won't transfer all the debts to one card and shut the other accounts down. Just a threat like this will sometimes have them making you interest reduction offers.
3 - Pay off the remaining credit card(s) -
Pay the min. on any remaining loans, except the smallest one (debt #1). Pay as much as possible on that one until it is gone! Then take the money you were giving debt #1, and put it on debt #2 with the next smallest balance + the minimum your were paying. continue this unil debt #2 is paid off. Then take all of what you were paying on debt #2 and add that to the minimum your were paying on debt #3, and so on until all you have left is the student loan.
3 - Pay off the student loan
4 - Don't go there again. Debt is a slippery slope....
You will see your credit score improve by the time you are in student loan payment mode!!!
Good Luck |
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Cara D
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First of all, your score will not go up if you have items currently past due....your payments will show every month, as reports are updated monthly, but only after no current lates show will yur score start going up. The lates will show on your report for 2 years, the collection accounts will be there for 7. Once everything is paid and up to date, your score will start going up immediately, albeit slowly. Keep everything up to date, don't apply for new accounts for at least 12 months, this will help your score. |
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Mango
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Every year you are entitled to free credit reports from all 3 credit reporting agencies.You should send off and see your report.Most companies report to the credit bureau every 30-60 days.
What is the FACT Act?
The Fair and Accurate Credit Transactions Act (FACT Act) was signed into law in December 2003. The FACT Act, a revision of the Fair Credit Reporting Act, allows consumers to get one free comprehensive disclosure of all of the information in their credit file from each of the three national credit reporting companies once every 12 months through a Central Source.
Is everyone eligible to get their free statutory annual credit file disclosure?
Yes. As of Dec. 1, 2005 all consumers are eligible to request their statutory annual credit file disclosure once every twelve months.
How can I request my free statutory annual credit file disclosure?
The FACT Act required that the national credit reporting companies establish a Central Source through which you will request the statutory free annual credit file disclosures. You may contact the Central Source by visiting www.AnnualCreditReport.com or calling 877 FACTACT. If you prefer to write, a request form is available on www.AnnualCreditReport.com.
How often can I get a free credit file disclosure?
The FACT Act entitles consumers to get one free statutory credit file disclosure from each of the three national credit reporting companies every twelve months. |
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iceman
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Credit reports are updated every month. So about a month after you make a payment, the balance will show as lower on the credit report.
If any of these debts have gone into collection, paid or not, they remain on your credit report for 7 years. |
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joeydubz0
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go to www.freecreditreport.com to monitor you credit changes...it gets updated monthly, but you may not see a change for 2 months |
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Kristyw/h American Home Mortgage
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I am a Senior Loan Officer with a mtg company and have seen over the past 7 years thousands of credit reports my advise you is this make sure you do what ever you can to be on time on time to a credit bureau is not being 30 days late on any accounts being 30 days late will hurt you more than anything else
Once you pay the accounts off it usually takes a couple of months to show up as a paid account just make sure to keep a copy of the cancelled check and reciept some companies are bad about not showing an account paid so i would check your credit 3 months after bills have been paid if its still showing then contact the credit bureaus and send them your recipts |
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