 A collection is deleted from my credit report, do I still have to pay them? |
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 Can creditors still come after you even if the 7 years are up? |
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 Credit ratings? |
| I have excellent payment histories on my rent, my car (a lease), and am generally good with my finances. I don't carry any debt outside of my reasonable student loan. I only have one credit card ... |
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 I have a credit score of 656 (experian) can I buy a home with this? |
LOCATION: HOUSTON, TX
NEW HOME NO MORE THAN 100K
I HAD SOME LATE PAYMENTS AND CHARGED OFFS THAT I AM TAKING CARE OF.... |
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 Will it affect my credit score if the mortgage is paid late? |
| SOMEONE TOLD ME IT DOESNT AFFECT IT UNLESS IT IS 31 DAYS PAST. SOMEONE TOLD ME IT AFFECTS EVEN IF ITS 1 DAY PAST.... |
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 I have applied for 2 different credit cards and they both turned me down. do you know why this is? |
Thank you for your recent application for Blue from American Express. After reviewing your request, regrettably, we are unable to open an account for you at this time for the following reason(s):
... |
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 What happens when you get a positive balance in a credit card? |
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 The collection agency called my son and when he asked for an address to write them, they refused.? |
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| Has anyone heard of United Credit Association? They are a credit repair agency. I want to know if those agencies are legal and if they really can repair your credit. My realtor recommended it to me ... |
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| means can I buy anything like watch, t-shirt, jeans etc. online using sbi debit ... |
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 My boss ran my credit without my permission? |
| I just found out that my current boss ran my credit report without my permission after I specifically told him not to. They lied to me to get my SSN and then ran it. My credit score is not good to ... |
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| Just found out my Discover card has been charged 25 a month for FOUR years because I used Free Credit Report.com. Seems I was automatically enrolled through CIC. I knew about a 10 dollar a month ... |
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| Credit card debt question options? |
| I have maxed one of my credit cards ($2000). I work full time so I can pay it back over time, but the thought of having that debt on my credit card scares me a little. The minimum payments are $25 ... |
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 Bad credit help!! experiences expertise please. process of a loan and is comfused!?!? |
| Hello fellow members, I am actually looking through this one company www.eastpointlending.com trying to get a personal loan and I have been working with one of the consultant. I have gone over the ... |
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runaway | If i cancel my credit card will my monthly payments be lower? |
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goaltender
 |
You can't cancel a card if you have a balance. You can stop using it, but it won't alter your monthly payments. Have you thought of getting another card with a lower rate of interest and transferring the balance of your old card? That's one way of reducing your monthly payment. |
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traffic816
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it will not be lower unless you change it to a lower interest card.
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http://www.bestcreditrates.net |
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SG Elite
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You can't cancel your credit card until it has zero balance. Even if you cancelled your card, the repayment will be the same because you still owed similar amount. |
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Jules
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It makes no difference if the card is cancelled as you still in "overdue" situation. I suggest you for the "credit transfer" payment to another bank if you found another bank offer you better deal. |
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Gem
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You had better pull out your terms and conditions and read it very, very carefully.
Credit card companies can now demand payment in full if you voluntarily cancel your card while still having a balance due.
To reduce your monthly payments, call the credit card company and ask them if they can review, and possibly lower, your interest rate. If you have been a good customer, they may do that for you.
If you are trying to not use the card, just cut it up. Or the old trick of freezing it in a block of ice so that you cannot access it easily. Good luck |
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SPIFIMAN1
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Read the terms and conditions in your contract. Some credit card companies will not allow you to cancel your card until it has a $0 balance, some will.
To answer your question, no your payments will not go down. |
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Liza
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Yes.but only because you won't be adding anymore charges to it. If you have more than 1 card, try to pay off the highest amount owed to lower your payments and interest rates. Your savings will be realized immediately. |
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C J
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If you still have a balance on the account, no. It makes no difference if the card is cancelled, you still owe the balance due. Depending on what that balance is, will determine the amount of your monthly payment. |
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hifeemikey
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Noooo, you just lose the ability to use the card.
Theres no benefit |
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