 I need 100 thousand dollars to get out of finacial debt, but i am bankrupt...what can i do? |
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i need to pay off house, pay off bankrupt trustee, pay off car, remodel the house and put some away for a child that is going to college in about another year......... |
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 Can I get a loan from the bank with no credit? |
| I'm talking about a personal loan (for my wedding).... |
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 Collection Agency dipping into my husband's bank account? |
| My husband owed on one credit card totaling $300.00. A collection agency called in June and stated he now owed $900.00...but they would take whatever he could give them at the time. My husband ... |
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 Should I get 2 credit cards? |
| I'm getting at least one credit card for two reasons. 1) to build credit and 2) to get some rewards. I do fairly well financially for a college student and honestly don't have to worry ... |
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 Im thinking of a number between 1 and 1,000,000......? |
Lets see who gets it! come back and check every once in a while if you care because when someone finally gets it ill post it in the "extend question" option
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5... |
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 Great credit but no cosigner and I need a student loan? |
| I have great credit and about to pay off my last two credit cards and hopefully my car. I have applied for student loans and they keep insisting I get a cosigner in order to get the loan. Is there ... |
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 Which way is best for me to start my credit? |
I was thinking of either putting half down on a Mac, and paying the rest monthly with their "Bill Me Later" program.
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 NEED a personal loan to fix credit? |
LOOKING FOR A PERSONAL LOAN. TO FIX OUR CREDIT .
LOOKING FOR 30,000. NEED HELP... |
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i get $1,500 every month as an allowance. or at least thats as much as i can spend on my credit card, and stuff.
this cousin ive never met till now, says imspoiled.
i ... |
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 Credit cards? |
How old do you have to be in order to have your very own credit card?
Is is 18? or is it any age?
im 17 and I want a credit card.... |
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 Why is everyone so against Bankruptcy? |
| I dont have and cant get any credit. I dont own my own home or car as they were repossesed. I have constant telephone calls from all sorts of debt collection agencies on both my mobile and home phone ... |
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 Is amazon.com safe for buying things? |
| won't my credit card get infected or harmed? has anybody tried it before?? please help!... |
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 How can i get a credit card if they say i don't have enough credit history? |
i applied for a few credit cards and they all said i don't have enough credit history to receive one.
How do i get credit history if i can't get a card!... |
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lilkitt | I'm thinking about getting a credit card, I have a job, in school, and 19 years old, any advice? |
I don't have any bills to pay, except a cell phone bill. And I'm sure I'd be able to keep up with the bill, any advice on what to look out for and what company to go with? |
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Chef dad
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Maintaining a high credit score is so important. You qualify for lower rates on loans, mortgages, even insurance premiums. But, it is hard work and requires disciplne. It's easy to get a low score and it takes years to repair your credit.
Enough lecture - good for you! It seems that you have thought about this and made the decision. You will be cardholder with limited credit history, you will probably have to pay a very high rate, regardless of the company. I suggest that you pay off the card every month (keeping the interst charges down); however, carry a small balance, even $100, for the first few months. That way, the credit card company can see that you manage your credit well.
A couple of thoughts:
If you must carry a balance, always pay more than the minimum payment, even by a couple of dollars.
Never go over your limit.
Make your payment at least 7 days before the due date, even on line.
Always check that your payment has been posted.
After six months of ontime payments, call the company and ask for a rate reduction. If the operator says no, ask to speak to a manager. Ask their name(s) and titles. Continue up the chain of command till someone gives you a break.
Use the card for normal purchases, but do not start buying extras or going out for 19 or 20 meals a week ;-)
As for a company, get one with rewards. The GM Card gives you credit that you can use toward a purchase or lease of any GM vehicle. Capitol 1 has great commercials, but their customer service leaves something to be desired. Never accept a card with an annual fee or membership fee (you're not joining a health club).
Good luck with it! |
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timmy
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Really... Just make sure you keep up on how much you owe. Dont make the minimum payment. Pay in full as much as you can. I have many friends in debt.... Be very careful
Good luck
Jake |
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chrihutch
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Don't do it. I got one and was able to keep up with the bill. I thought the same thing. I won't have any problems. I'll only keep it for emergencies. Didn't happen now I'm in debt! |
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lou b
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Yep....I'm with the 1st guy. You may intend to only use it for certain purposes, but I used to work at an advice centre where people came with debt problems.
You are encouraged from every angle to HAVE THIS..........NOW!!!!!!! And with a credit card in your pocket, it's so easy to think....yeah.....why not????
I've never had a credit card in my life. I ain't missed one, and I'm probably old enough to be your grannie. xxx |
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D.C
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a lot of people start a credit card with their bank but i suggest a company that has a low interest rate and a year before they start charging the interest(you know no interest payments till 2008 etc)and i like capital one....make sure the interest rate does not become a variable meaning that the interest rate changes makin it more or less and that can make u pay more at time...dont max ur card its not smart just replace sumthin u pay with money and pay it off monthly like use ur card for gas, and once u get the hang of it do as u please with card.... |
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Carlton C
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Warren Buffet, the 2nd wealthiest man in the world, offered this advice on T.V.:
"Stay away from credit cards."
Many people recommend having one for emergencies, but the temptation of having access to the credit is too much to bear for many. If you can afford to pay with cash, do. If you can't, wait. Other than that, if you are determined to have one, find some with low interest rates (8% and lower) with NO annual fees... Capitol One has some decent offers (as far as credit cards go); you may also try your bank if you have a checking or savings account.
Some disturbing statistics about credit: http://carltoncalhoun.biz/ |
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jedi1medic
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dont do it. |
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moonlillies
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dont get one is the best advice you can be given |
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Joe Capo
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Ok, being 21, I learn very quick, DONT ABUSE IT! It will haunt you, set your limit to $800 or $1000 limit and dont ever extend it. And pay more than the minimum. Don't buy worthless/useless things you will only use once, try to pay cash up front for everything-and the credit card is emergencies ONLY! best advice I can give to you. Shitty credit is not a good thing to have when you are young. :) Glad I could help you.
I just paid $5000+ off on all 3 of mine, and now I feel alot better. No more interest, fees stealing money from me, how you think companies make their money.
If you do get one, have a small limit like $250 at first, and when you use it, make sure you have money set aside to pay it off in full. This will build good credit! I have to do this, because I made one to many mistakes. If you get a credit card and want low APR% get MNA/Bank of America 7% or Capitol One 12% they are really good. |
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hollie_c_sharp64012
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Capital One. |
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lillucy1987
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do what i did, i'm turning 20 on wednesday. my first credit card was one that i got at my favorite store, target. I got a target visa, but i had the option of being able to use it everywhere, like a regular visa or just to be able to use it at target. i chose to just use it there. you could get a wal-mart card or something like that. that way you aren't taking on too much at one time. i know if i'd gotten a regular credit card, i would have taken WAY overboard. |
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Alskarinna
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I have a credit card, but I pay it off every month. I'm very organized and record every transaction, etc. If you get a credit card, I recommend paying it off every month and never "spending" more than you make.
As for companies, mine is through my bank- Bank of America. Don't go with Capital One though. They don't report your credit limit to the credit bureau. Washington Mutual is usually easy to get a card from, but if you already have a bank account, I'd try with your own bank first. Besides, if you have online banking, it makes it that much easier to pay off since you can just transfer the money from your checking into the credit card each month. |
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melinda b
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Pay it off every month. |
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freespirit05052
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I would suggest a debit card. It is easier to use, and you avoid getting in serious debt. Go to a bank and ask about payment methods and different options. |
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theboygary06
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DON'T DO IT |
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toolofoppression
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At your age, pretty much any credit card company will give you one. I got my first cc through Wells Fargo. You won't get a big line of credit, mine started at $800 when i was 18. But as you pay it off on time and stuff your credit line will increase. if you have an account at a bank already, you can get a cc through them. I'd recommend a Visa card because they are accepted pretty much everywhere. I also have an American Express card, and Good Times is the only place i have found not to accept it. Undoubtedly you will get a high interest rate, but it wont be a problem if you can pay it off each month.
Basically, go for it! just make sure you pay it on time and don't go over your limit. |
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KOTEHOK
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Be aware of the interest rate. Sometimes banks give you a low interest rate the first year, and the rate jumps up to 22% after that (or something similar). That's just crazy. So my advice to you, if you do end up getting one, pay it off as fast as you can, and you won't have to face any interest charges and your credit history will grow! :) |
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mama
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i would tell you, if you do a get a credit card go with a student card, like from capitla one. They are really good with interest rates and good with reporting it to your credit. On the other hand don'y missuse the card. Only buy things like plane tickets, hotels or major purchases, not misc stuff like clothes and food. These things are un nessacary uses for a credit card and becuase you have decent credit you want to maintain that and not mess it up. Credit theses days is everything, |
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kingsgirl
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Don't do it. |
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SCOTT B
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dont get into debt, its very hard to get out again!! |
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micro52000
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get one but you must pay off ur bills right away. this way u build credit without any problems |
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Liz
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i think you should get the credit card just make sure to use it for necessary things and dont use it just because you feel like it. Make sure you use it wisely.
i think a good company would be US Bank. i heard they have low interest rates and good plans.
hope my advice works! =] |
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Andi
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go with a big company like bank of america or chase, so that if you go to get a loan later you will be able to show that you had good credit and loyalty to that company. Pay it off in full every month, or you will be so sorry in the long run. |
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What?
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don't use a credit card for regular purchases at your age, b/c you tend to let it start building up. Only get one to use for emergency purposes.
And always use for 6 months during 0% intruductory rate, then get another one at 0%. |
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