 I co-signed for my little sisters car loan several years ago, which is now in serious default.? |
| My sister lives in Canada, and I'm moving back up shortly. What could be the legal repercussions on her as well as me as a co-signer regarding this debt? If I decided to move back to the USA ... |
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 How much can a debt collection demand from you? |
| I was being sued by a collections company after many hours of reserch to find out who the company was since the company was going by a AKA.I finially reached them by phone I wanted to make payments ... |
|
 What credit crunch/recession? |
If everyone did not watch or listen to 24/7 tv/radio to doom and gloom reporting on finance would they:
Just go and buy that new car.?
Have that house Extension built,?
Move house?
... |
|
 Credit score of 784 is it good? |
| What does the score do for you?... |
|
 Anyone ever been sued for credit card debt??? |
Whats the process like?
I owe capital one $4,000. I will probably have to file for bankruptcy to dodge them or take a vacation out of the country for 5 yrs...... |
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 Best Credit Cards? |
| I have a credit score of 734, Im only 21 so my accounts haven't been open that long. Capital One gave me a fairly large credit line, but i haven't activated it yet, due to the fact that CO ... |
|
 I am really scared. I got a number from "2299855545". I feel like it was a scam? |
| They said I won stuff and I will be entered in a drawing. I gave them my Card # and 3 digit # on back, and expiration date. Should I cancel my card?... |
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 $ 20,000 in credit card debt do you recommend I file Ch. 7 bankruptcy??? |
| I had 14 different credit cards charged off 2 years ago for a combined $20,000. The statute of limitations in CA. is 4 yrs so after 2 yrs i finally got a letter from an attorney threatening L... |
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 Bank harassing me over debt and threatning urther charges? |
i have a loan with the bank of scotland. i have had to stop payin it due to financial circumstances and having to help save my home.
i have co-operated fully with the bank from the start ... |
|
 Is it better to pay in full each month or 50% of the bill each month? |
| Hey everybody here is my question: I have just been approved for a small business credit card, and i need to spend about $4,000 in office expenses as part of our startup costs. Is it best to pay this ... |
|
 Collection Agency calling...? |
| If a collection agency is calling but nothing appears on your credit report from the agency about a debt...What can/should you do?!?... |
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GrammarPolice | I am an authorized user on my fiance's credit card.? |
Does this help my credit since he is very responsible and has high limits? |
 |
 
cwald888
|
No, you need a credit card or loan in your name and social security number. |
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easy tigerâ„¢
 |
If you are listed as a user on his card it will reflect on your credit report so I would assume it would have a positive affect on your credit score. I know if he failed to pay as agreed it would reflect negatively on you. |
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Mrs.H
|
I don't know what these people are talking about, but YES it helps you. It should show on your credit report. As long as he keeps paying on time you'll be fine. |
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Get Togetha
|
It all depends on "how" you want to help your credit. Is your credit bad? If you are an authorized user it means two things: You can either build your credit and make it better or you can totally screw your fiance's credit by making late payments.
High limits don't mean a thing. It's keeping the balances low that count. For example: if you have 10,000 credit limit and owe 9, 300 and pay the minimums you're credit score will go down. You've got to keep your debt to income ratio low.
Good credit is common sense.
Don't have a bunch of cards for cards sake. Pay your bills on time no matter what. And keep your balances low.
M. |
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SPIFIMAN1
|
As a authorizes user on my Mom's Discover account for over 20-years, I can assure you that it doe's indeed help your credit.
Your fiance's pay history shows on your credit report and if he has been responsible and made his payments on time? That good pay history will raise your score.
Pay no attention to the people that say otherwise. They simply do not know what they are talking about. |
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npwinder
 |
This is also known as piggybacking.
Yes it will help your credit score out. A lot of parents that are good with money will put their kids on their account so that their kids will have a good credit score when they are older.
When used in other ways, such as paying a site a few grand to piggyback some will claim its illegal as it puts a facade on the persons past.
However, there are no specific laws about this yet. Also, I think your case to where you are engaged there should be no problems ever . |
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momma_duke
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This will definitely help your credit, as long as he pays on time. This will show on your credit, but you will not have to include in your debt since you are no liable for the payment. |
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gcbtrading
 |
No, this doesn't affect your credit. If you were registered as responsible for payments it would. |
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Doc Hudson
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Nope, just shows your fiance is a very trusting person. Don't abuse the trust.
Doc |
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