 I have bad credit does any one know of any department stores that will give you a card to help rebuild? |
| I have bad credit does any one know of any department stores that will give you a card to help rebuild your credit. Like walmart target ect.... |
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 How can i resolve this problem? i co-signed a car loan for a friend who is in jail and cant make the car paymt |
| this has messed up my credit record real bad. as the loan is still outstanding. is there a way to get out of this?... |
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 What is the best thing to do when your up to your neck in debt? |
| I have 2 cars that I got for me and my wife back in 03 but I dont make as much as I used to and have been behind on the payment for the longest time, should I just let them go and have them both ... |
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 Payments not taken ? |
| I bought a 3 piece suite last year on pay in 12 months. I have moved since I bought them so haven't received any letters from them. I was waiting for the first payment to go out of my account so ... |
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 Can you request a CC company to lower your available credit? |
And will it hurt your credit?
I have just paid off a 5000 CC but would like to keep the card @ maybe $500. Wasnt sure if you can request it to be done and if it would affect you. If so i will ... |
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 Is there anyway to find out your credit score for free? |
| i know there are sites that offer this but they all want you put in your credit card info and then you can cancel it if you don't want it but i wondered if there are sites that don't ask ... |
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 A charge-off got taken off of my Experian report, now debt collector sends notice that I owe, what can I do? |
| Ok, I got my credit report on 07-19-07, and there was a charge-off on the Experian credit report that was over seven years expired (From 1999). I saw that there was an inquiry from a debt collection ... |
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 How can i fix my credit? |
| my credit is really bad is there any way i can make it better? every thing is wrote off and really old. from 03-05... |
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 Is this true? |
| i got e mail from lottooffice situated in new york.and they says im the winner of 1million us dollers and now they r asking 4 my credit card?is it true or fake plz tell me ?... |
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 Credit experts, please help me out on this one? |
| Hey everyone, can I please have your honest opinion? Here's what's up, I want to buy a guitar with a credit card, only problem is my current card does not cover. If I get a new card and ... |
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 Creditors keep calling? |
| but they think I'm someone I'm not. I'm tired of all the phone calls. they dont believe me that I'm not the person they are looking for. how can I get them to stop?... |
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 Just turned 18...how can I build credit? |
| I know, I know. Apply for a credit card. I did that. And they rejected me, on the basis of....uh, I have no credit. So...what am I supposed to do? I know I have no credit...and to build it I need to ... |
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 Improving a poor credit score!? |
I don't know my actual score, but I did the estimator and I'm guessing it is in the mid 500's.
I went to college last year and got in way over my head. I was young.. still ... |
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Emily | I just got a credit card. should I pay it off right away or wait till I get a statement? |
Im really new at this whole building credit thing. I Just got a credit card with Bank Of America and I have been paying it off as soon as the balance is posted. If not then I pay it off that week, becuase I'm almost anal about it. I don't buy anything unless I know I have the money. I am trying to build credit the best I can so I can get a car. Am I doing everything right? Should I wait untill I get a statement to pay it off or should I keep doing what I'm doing and pay it off as soon as possible? |
 |
 
thenameisthesame
 |
Why give them your money before it's due and let them earn interest on it? If you do not carry a balance and you pay it off every month, I would hold on to your money and invest it in a savings account/money market until the payment is due. It may not seems like a lot of money, but think about how much interest you would earn in a year or over several years. In the business world, companies do not pay their bills early, they pay them on time (or slightly late if they can get away with it) so that they can earn a return on their money.
As long as you pay your bills on time, you should build good credit. I don't know of any benefit you would get for paying bills early. |
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lee m
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Check your card holder agreement as to the length of your grace period--the amount of time before the bank starts charging interest on your balance. Pay off the whole amount before then and you won't pay interest. For instance, my grace period is 30 days, so I can wait until my bill arrives, then pay it promptly. |
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shjackson2002
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The smart thing to do is to pay it off as soon as possible, but the credit card companies want to make money from the interest. If you carry a zero balance on all of your credit cards they can't make money. If one carries a small balance and pays on time, it sends a signal to other lending institutions that you are someone they can make money off of. Keep your balances below 50% of your credit card limit ( my spending limit is $1000 and I used less than $500). Pay all of your bills on time every month if possible.
Managing your money properly can pay in great dividends.
Pay with cash as much as possible.
Buying a home is an acceptable reason to have debt. |
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Roflwtime!
 |
Right away is actually best so that you get rid of it.
Thats what I do!
I have a credit card with Bank Of America Too. |
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jonjon
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As long as you pay it by the due date - put the money away until you need it to pay it off. |
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sexytrojan
 |
Paying it off right away will never hurt you.
However, using the grace period (waiting for your statement) could benefit you. You can put the money into an interest bearing account, and pay one lump sum by the due date. |
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rho_ro
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I would wait for a statement so you show a high limit on your credit report. (It says the highest limit you've had vs your credit limit). I'm only suggesting this because it depends on when the credit card company reports your info. You do not want to use more than 50% of your credit limit because that will hurt you. Just pay off you balance in full each month. The other benefit of waiting is you'll earn a little more interest in the bank. If you are going to be applying for another loan I'd recommend paying off your credit card immediately and not using it so two months prior to applying if you don't have a lot of credit. Also don't apply for credit a lot. Generally you get dinged on your credit report if you've opened an account less than 6 months ago and apply for new credit. |
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zebra
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pay it off as soon as possible credit companies only make money on intrest really so they wont be to happy but you will, also it will show the readiness to take on more credit a higher limit might be in your future if you follow my advice |
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Juile C
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Oh, thats easy!!!
It is good that you pay your credit cards off right away. However, my economics teacher, always told me to establish credit with low cost purchases. This will ensure that you have the ability to pay off the bill.
Budget is the key to everything money! |
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Searcher
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One way I heard a couple built up their credit was to charge everything - all groceries, eating out, gas, etc.
But they also set aside that amount in a savings account, so they were sure they would have the money. That way, when the bill is due, they always had the money in full to pay off the balance.
Another option they told me about is that after a year, they contacted the credit card company and requested a lower interest rate and also asked to waive the annual fee.
On top of that, they were using the Discover card and got cash back for their purchases. So they actually were being paid to use the credit card!! |
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