They threat all the time to do this and do that. Its a ploy to scare us into paying or just get the upper hand in the conversation. But when it comes down to it, they dont do what they threaten. FDCPA...
I'm 18 and i am looking to build credit. I am trying to find a credit card but I cant find any good ones. All the credit cards I applied for said I need credit to get this card. And all the ...
i tried a credit card one time a decided that it was the dumbest idea ever to pay $100.00 for a $75.00 item and wont do that again my score is below 600 and i need to raise it. Im going to pay off ...
So I currently have three credit cards:
-- American Express, limit of $12,100, a $2000 balance and I've had this credit card for 7 years
-- Bank of America, limit of $4000, a $0 ...
i know someone that went to a hospital and got a big bill .. and he decided that he wouldnt pay it...he says it will be bad credit..what is that really..and can health care have bad credit?...
When I turned 20 I signed up for a credit card (after lots of research). I got one with a $1,000 limit, and 15% APR, which has since dropped greatly. I paid for my college textbooks with it to the ...
the loan was processed through my email and the processing fee was debited from my account and i never receive the loan. the name of the website is approvalswithbadcredit@akwbi492c....
overseas websites I am interested in always say visa credit card and dont mention debit card.I assume a debit card is virtually the same in that they know they will receive payment ?...
Can those bills then be put on your credit record from the deceased family member? Can the family lose what they have due to what the relative left behind? What if they don't have the money to ...
Missy
If I have some credit cards that I never use, is it better to call and cancel them or just tear them up?
Closing credit cards will ding your credit but your score will rebound quickly. If these are credit cards that you've had for a long time, you may want to keep them open as closing them will close that history.
My personal advise is to keep the 2 oldest major credit cards that do not have annual fees. Only keep store or gas charge cards if you have a specific use for them. Close the rest. Keeping a pile of credit cards is an opportunity for all sorts of problems. You have to monitor and secure all of them.
Send a letter to the correspondence address, listed on the credit card statements, request the accounts be closed and ask for written confirmation that the account is closed. Never do this by phone. You want to keep a written record so it doesn't come back and bite you.
athlonxp81
Don't cancel it, since it will go towards your credit rating and make you look like you don't trust yourself.
Keep em, you never know when they will come in handy. I'd store them in a safe place at home.
Crazy cat lady >^ ^<
Freeze them in a bag of water and keep them in your freezer in the back just in case you ever might need them.
supergirl
Tear them up.
Grant M
Call and cancel them.. some have a yearly cost..... Cancel and then tear them up... Good luck Grant M in Pennsylvania
terlynn_1370
It depends on how many you have and how much "available" credit you have. Any time you cancel a card, your debt ratio goes up (because you no longer have that available credit). If you do cancel them, make sure they close it as "closed at customer's request". This lets those who run a credit check know that you wanted it closed and that it wasn't closed by the issuing company for other reasons.
scoop
call to cancel them and then cut them up. that way if someone gets the numbers, the account won't be open and susceptible to identity theft.
joveesasha
If activated, cancel them. If not activated just tear them up.
My Peter is two!
Cancel them, you lose points on your credit score if you have credit that you aren't using.
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