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| I have a collection on my credit report that is killing my credit. The current balance is $464. They agreed to a payment plan. I have been making $50 per month pymts for two months now but the agency ... |
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 I used my moms credit card help me plz!!? |
| i used my moms credit card cuz of an important thing i had to buy. i feel guilty that I used it without my mom knowing. i have the money to pay for the item but is there any ways my mom not find out ... |
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 Debt problems? |
| the company i worked for folded last month i was on a high wage having worked there for years but i have no formal qualifications so i am going back to college to get a trade , but i had quite a big ... |
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 Building my Credit Score and how the points add up.? |
| I am 18 years old and just refinanced my beetle. Now, my mom had to Co-Sign but she has been a loan officer for 10yrs. She pulled some strings and got me a 7.9% interest rate. Now, that is also in ... |
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 I Need A $8500.00 Loan Desperately, Bad Credit Due To Letting People Get Things In My Name. Know any lenders? |
| In the past I let family and friends get things in my name and they paid for a while and then stopped. Now I am in a situation to where I keep getting denied for a loan. I already got scammed out of $... |
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 Free lotto sent a mail stating that i have won a prize amount, how can i get that, if you know please tell me. |
Actually, free lotto is asking the credit card no. But i do not have an account in an international bank. If you know any one who won that kindly ask them and answer me if possible.
Thanking ... |
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 Credit card at 13 years old (mastercard)? |
| How can i get a presidents choice financial mastercard at 13 years old? I'm very responsible and I hate being in debt, the only reason I want a credit card is because some things that you buy ... |
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 How do i get involved in a credit card scam? |
| i want to make some money i dont care how i live in ca iam serious about this!... |
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 Anyone else think zavvi closing is terrible? |
my brother is very upset as they won't accept zavvi vouchers any more,had to buy him a chocolate muffin to cheer him up!
Additional Details
thanks for the sympathy for my brother, ... |
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 Im leaving my debts (not a lot) and running to Switzerland.Can they do something if they found me? |
I heard Switzerland its like mexico.You can run away there and debt collectors cant touch you.Is it true?
Additional Details
Don ask how i will leave.My fiance wealthy enough and have ... |
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 Are the creditors going to come after me for credit debt? |
| I studied abroad for a year in England, and had a credit card issued from a British bank. I had 1 pound in balance on my card (that's like $2.00 USD). I've been back in the States for a ... |
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 Has anyone been through credit card identity fraud?!? |
| I just got notified that there has been a $10,000 cheque withdrawal out of my mastercard that I never made!!! Luckily the bank stopped it. I just want to know how I can protect myself in the ... |
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david d | I have an £8800 credit card which I don't use. For the benefit of my credit history should I keep it or close |
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sarah jane
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keep it you never know when you may need it!! |
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jed slade
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I would keep it only if it was not costing for non usage,remember it is ,after all, just another hole to jump into,but it could be handy in an emergency. |
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heds71
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your credit history is determined by how much credit you have outstanding and your repayments.
if you have a high outstanding credit balance and you make late repayments or miss a repayment on the outstanding credit then your credit score will be reduced.
best thing to do is use the card once a month and make the repayment of the requested amount or the full balance on time, you don't have to spend a lot. use it for a quick food shop or for filling up the car.
all they are interested in is outstanding credit and if you make the repayment on time and for the right amount asked for. |
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fcas80
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Buy one item a year with it, and pay the bill promptly. |
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SundaeG1rl
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You should keep it, and get it into credit if you can ;-)
OR, you can give it to me ;-) |
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pally12003
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If it is not costing you anything and you are strong willed enough not to use it .I would say keep it. |
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AG
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Keep it ... even if you buy one small value item a month and pay it off completely each month. |
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Bluefox650
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provided you dont overspend on it!
then I'd keep it! |
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blackjack432001
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depends. if you leave it 'open', according to the credit bureau, your overall credit standing reflects this as a possible source of you using it. even if you don't touch it ever, it still stands as a possible. so if you are looking to improve your standing, you don't intend to use it, you might want to close it, notify the credit bureaus. monitor the recordings of such and make sure the closure is accurately stated. don't see it? inquire quickly. the less opened accts, the better your repayment on what's owed? the better your credit standing. the reverse is also true! whatever you decide, choose carefully! |
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candi k
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if you want to increase your credit score then close it as lenders wouldnt want you to have access to a large sum of money.
when you close it your credit score will go up. |
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rosiedobie
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you should hang on to it & use it & re pay it regularly. This is what helps to build up your credit rating |
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trish
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Your credit history will benefit from you keeping it as the more cards you have the better chance you have of getting credit |
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Jeno
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Credit cards can be invaluable sometimes. Its good to have that extra security, that piece of mind, knowing that in the unlikely event that something happens, you've got a piece of plastic to safe you or atleast pay for it.
When lenders assess your application for credit, what they mainly see is whether you've been able to pay back what you've owed.
Also its not like you have ten credit cards lying around (high number of credit arrangements) which may be seen as 'over-subscribed'.
Also when an account is settled, (account is closed) it remains in your credit file for six years. Stating previous payment history etc.
What I would suggest is to keep that card as your safety buffer but don't think of it as 'shopping-galore pass!'
Once in a while it wouldn't hurt if you used your card to pay for shopping like a £15 trip to Tesco once in a while just so that there is activity on the account. |
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