 Applying for a credit card that would build my credit report? |
| Hi all, I am new to the united states and has been living here for a year. My current credit score is between 600-700 and I want to open a new credit card account to build my credit history here. W... |
|
 Bankruptcy possible? |
| We are a family of 3, annual income about $21k. We have about $5k in credit cards, $7k in medical bills, $14k in student loans, and $2k in miscellanous debts (utilities, etc.) As well as about $15k ... |
|
 What is the best first credit card to get? |
| I would like one hat has good rewards, with no annual payments, i have no ... |
|
 Why do so many people fall into credit card debt so easily? |
| A lot of people before they get credit card are determined to make full credit card payment every time and say that they can never fall behind because they are responsible. But after a short while, ... |
|
 Debit Card Question? |
I have a debit card with about 800.00 dollars on it. Can I use it like a credit card at clothing stores, apple inc etc. By that I mean not over the internet, at the actual store.
thanks
... |
|
 Does filing bankruptcy mean I loose my car & house? |
| If I file bankruptcy will I loose everything I have? Will all my debit be down to zero? How does bankruptcy work?... |
|
 After I pay my debts, how long does it take for my credit to rise substantially? |
| I will pay off all of my debts in 6 months. Will my credit go up immediately after they're off of the books?... |
|
 How do I improve my credit score quickly? |
| My credit score is far worse than I thought, and is dropping by the minute. I have a lot of debt, and little to no time to pay it off. I HAVE to buy my house in June and basically have to raise my ... |
|
 Credit card? |
say i dont pay my credit card bill and the bank that has my savings and checking also issued me a credit card,can they go into my account without permission and take the money to pay my bill?
<... |
|
 How do I start a credit score? |
| I am 18 years old and have no credit whatsoever, can i have a good credit score by june? and how do I start obtaining credit?... |
|
 Difficulty with Experian, re: disputing errors on credit report. HELP? |
| I've been trying to resolve errors on my credit reports recently, but Experian is giving me a major headache. I sent them two letters via certified mail; one to request deletions, and a second ... |
|
 Why would identity fraud be my problem and not my bank's ? |
| Suppose someone manages by digital or other means to trick my bank into paying out money which it incorrectly thinks that I have authorised. Isn't this the bank's problem in the end ? S... |
|
 Why do people accept credit anf then not pay it back? |
| Don;t they realize that comapnies don't eat those costs, they pass it on to the rest of us who responsibly pay our bills?... |
|
 How to increase credit score? |
Equifax is 739
Transunion is 750
Experian is 749
I have my credit card for 14 months ago.
How to increase credit score? cause i dont actualy use my credit card i only use ... |
|
| Having problems with debt collector for an 8 yr old account they will not provide info other than amount i owe |
| Today i got a letter through the post from a debt collection agency. When i phond them i was greeted by an unhelpful agent who would not provide me with much info. The debtor was noted as singlepoint ... |
|
 Am I reponsible for Mom's debt when she dies? |
My Mom has a couple credit cards and is about 12,000 in debt. Although I am not a joint owner of the card they have had me as an authorized user for years and in fact have issued me
a card in my ... |
|
|  |
cigaro19 | If you get a credit card but don't use it? |
You don't have to pay anything right? |
 |
 
Cat
|
No - unless your card has a yearly fee. In which case, once a year, that charge will appear. Look on your agreement to see if there is a fee for having the card. |
|
markos480
 |
you need to check you agreement, i was about to apply for an american express card once only to discover it had a £40+ charge per year! Visa & Mastercard generaly speaking dont have an anuall fee, deffinatley go for a credit card they always come in handy! |
|
Strategic Sourcing Expert
|
Yes,
Unless there are fees associated with the card. Such as an annual fee. |
|
rick4404
 |
It all depends on what kind of credit card we're talking about and who issued it.
Most major credit cards like American Express, Visa, MasterCard and so forth have annual fees. That means once a year you will be billed for an annual membership fee; usually around the $50 (US) range; some charge more and some charge less. It all depends on which company issues the card and how much their fees are. Be sure and watch the fine print so you have no unexpected surprises.
Some credit cards have no monthly fees or maintenance fees attached; so as long as you don't use it and don't have a balance owing, there is no charge to keep the card. Do watch the fine print, because some cards like that require you to make at least one purchase every six months or a year; otherwise the card will become invalid because of lack of use.
Other credit cards do have monthly fees, essentially for your having the privilege of carrying that card. Again, watch the fine print because some of the monthly fees, service charges and maintenance fees can sneak up on you and add up rather quickly. Especially if you only pay the minimum amount due every month.
Many well-known and well-respected financial experts recommend that you pay off a credit card bill in full every month; thus avoiding the outrageous interest charges. However, that's what banks and credit card companies are hoping for; that you'll make only the minimum payments - that's how they make their money. On the interest.
I know about how credit cards work because I used to work for one of the major Visa and MasterCard issuers here in the United States.
Be very careful. |
|
jimh m
 |
yes....you are perfectly right |
|
GRNeyzNYC
 |
Correct (unless your card has an annual fee ... find out if yours does.)
But in order to esblish 'good' credit, you should make a purchase and pay it back right away. This will show you are a responsible person and give you a good credit score. When you have a good credit score then most likely, when you ask for more credit, you will get it. |
|
stovies
 |
it would depend on your contract i have one i don't use but still pay a yearly insurance cover on it. mine is for when i am abroad so when i do use i have set it up so that the full amount goes out of my account each time so i avoid interest payments that way also |
|
blue1
|
you have to pay stamp duty to the government which is around 30 pounds if you use it once a year. You may have to pay quarterly or yearly fees though depending on your bank. |
|
iceman
 |
Only if you have a card that charges and annual feel. Ussualy cards that give airline miles or other such benefits will have like 50 annual fee that you have to pay.
But otherwise, as long as your balance is 0 you do not have to pay anything at all. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
9 | 20 minutes(s) ago
| | | |
8 | 53 minutes(s) ago
| | | |
9 | 3 hour(s) ago
| | | |
9 | 7 hour(s) ago
| | | |
9 | 11 hour(s) ago
| | | |
9 | 2 day(s) ago
| | | |
7 | 6 day(s) ago
| | | |
9 | 1 week(s) ago
| | | |
8 | 1 month(s) ago
| | | |
9 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Credit 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
