 Will cutting (cancelling) a card end unauthorized charges? |
| I'm wondering if, in the event of identity theft, a simple call to the card company to cancel will disable the thieves from further use of the card and the numbers that represent it. Is it that ... |
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 Direct Debits?? |
| Right, my bill says the money will be taken out of my account on or after 2nd July. What happenes if the money isn't in on the 2nd?? Say if the money goes into my account for 3rd, will they take ... |
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 How much credit card debt? |
| I'm looking for record breakers here. I want to hear who has the most outrageous amount of credit card debt, for comparison purposes.... |
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 What kind of auto loan do I get with a 685 score? |
| I have 680, 685, and 689 FICO scores based on the 3 bureaus. What kind of auto loan (interest, max amount etc) can I get?... |
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 First credit card? |
| I need advise. the do's and dont's. thank you.... |
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 What is direct debt? |
| what is direct debt of Natwest Bank?... |
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 Bad credit? |
| have no job and in debt by 2.000, but try to get something to put four payments into one so i odnt keep missing payment as its hard to keep track of what needs paying next and who needs payning , ... |
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 Uncollected debts removed from credit report after 7 years. Correct? Can debts be sold again for collection? |
| Financial difficulties left me with credit card debt. Some came off my credit report after 7 years. Since then I've paid balances in full and done everything to keep my credit in good condition. ... |
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 I have a crdit score of under 550. Can I still get a car loan? |
| I have a down payment of about $1000. Know of anyone who will fiance me?... |
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 I tried to get a loan and no luck. Any other suggestions? I need this now, please help? |
| I've tried web sites, Ive tried my bank, I need a 2 or 3,000 dollar loan now. I have two jobs, bad credit and well, i need help.... |
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 Where can i get money very easily? |
| some contasts that will very easily get ... |
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 Once you have paid a collection bill, does it come off your credit report? |
I just ran my credit report and I have numerous accounts showing that I still owe them when I know they have been paid.
Additional Details
Also, once they verify with the credit bereau ... |
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Mary L. T | If I pay off all my credit cards, but not close the accounts, and pay old collections debts, help my credit? |
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echo
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If you pay off all of your credit cards and not close the accounts, yes it will help your credit.
If you close the accounts, your credit will drop.
As for the collections, a paid collection is just as bad as an unpaid collection. |
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Katherine
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yes, I believe it will raise your score if you keep your balances down..check this article out.. http://money.cnn.com/2002/02/15/debt/q_fivethings_creditscore/
hope this helps |
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jo j
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not if some have been listed as a bad debt |
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lray1957
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yes, your credit score will go up |
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nelson_devon
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Yes it will help. |
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Dwight D J
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Paying collections accounts is the best thing you can do. |
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inpoetry1
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It will definitely help.
The amount of credit you have will not hurt you if your debt/credit ratio is low. If you've paid them off, leave the accounts open and use them once in a while to keep them open. You average account age is positively correlated with your FICO score.
Get a free credit report from all 3 credit reporting agencies and check for errors.
Good luck. |
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WILDFIREJOANN
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Yes, but don't pay off the whole balance at one time, do it in increments. (say you owe 600.00 on one card and 400.00 on another, pay 200.00 on one and 150.00 on the other and continue to do that each month until they are paid off). the payment history is what brings up your credit score. I was also told to never completely pay them off if you are going to keep them open, spend a little but then that month pay most but not all off. What the creditors like to see is that you are paying bills on a monthly basis and keep up with the`payments, not just making lump sum payments. I would start with the collection debts first, pay them off to a 0 balance. Then work the credit cards as I stated above. I hope this information helps you out! |
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sugarbdp1
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Yep it will raise your credit score by 100% with them paid off.Good Luck |
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eric H
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Im sure it would help. Remember the amount of available credit you have could be viewed as a lialibility |
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Luckys Charm
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Most definitely |
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Link of Hyrule
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It will definitely help and clean up your score showing that you're responsible. |
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