 I claimed bankruptcy but wasnt smart enough to take my gf name off the Visa now she owes $4,500 what can I do? |
| I claimed bankruptcy, but wasnt smart enough to take my gf's name off the Visa, now she owes $4,500, and are threatening court action if she does not pay in 10 days. What options does she or I ... |
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 What's the best way to get credit? |
| I want to ge ta credit card and can't what's the best way?... |
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 Advice needed. I feel hopeless, but there's got to be a way out. Any ideas for a strong future? |
| My goal is to own a consignment shop. I defaulted on my college loans years ago, but have been paying them off with no late payments. My college loan is my ONLY debt. (no car payment, no credit ... |
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 Is my credit good for 20yrs old? |
I am 20 years old and have a credit score of 735 from the big 3.
I have a no debt and 7 inquiries on my credit report.
On my report is says I have a debt of 1900 but that has been ... |
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 Do you believe it ok to file bankrupcy? |
| im 14 and i have to do a project for skewl and i need to get people ... |
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 I need help?? i co-signed for? |
| I co-signed for my sister.And she still hasn't made a payment.I got a letter today saying how much she has to pay.My question is is it me and her getting the bad credit or is it just me? I am so ... |
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 First Time Credit Card! I don't want a very large credit limit and i want to choose my design. Please Help! |
| This is my first time trying to get a credit card. I am trying to be as careful as possible because I dont want to ruin my credit at only 19 years old. Im looking for a credit card that I can choose ... |
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 What can I do to bring my credit score up? |
| My credit is bad due to my divorce. My score is 549. I have some charge off's . When my ex left me i was more focused on making my house payment than my credit cards. I would send them less ... |
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 Is it common for credit card companies to charge a "foreign transaction fee finance charge"? |
| I recently traveled out of the country, and used my credit card several times. On my two most recent statements, I see this foreign transaction fee finance charge. It seems ridiculous that they are ... |
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 I need to get a loan.help? |
where is the best place for me to apply for a loan?i dont own my home,i work part time.i want to put all my debts together in this loan as i am struggeling at the moment.
Additional Details<... |
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 I need to get some money from my credit card but i have forgotten my pin. ? |
| if i go into the local branch what details will i need to withdraw some money?... |
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 What interest rate can I expect on a mortgage loan with my credit scores? |
What interest rate can I expect on a mortgage loan with my credit scores?
Today I have 564 588 654...I am hoping to have my mid-score up 10 pts by tomorrow, and then i am applying for the loan ... |
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 Should things like bank accounts, passwords, credit cards be just for you? |
| Here's w hat I believe. I believe that some things in life should be just for you only. Its not a lack of trust but there are some things I refuse to share like bank accounts, passwords, etc. W... |
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 I just got a new car loan under my b/f's name but i will be paying it is it okay to send the check in that has |
| only my name? Will they wonder who I am and question it?? R is it more of a hey we got the $$ who cares who's paying it?... |
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 Do medical bills really affect my credit report? |
| I have a few medical bills on my credit report but I here they do affect your credit and some people say they don't. Does anyone know the answer or can direct me to the correct website to get ... |
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 Will it help my credit? |
| i just bought my girlfriend a diamond ring at a value of about $1500 but i'm payin 4 it in payments and i bought it at "Kay" not some shop on the street.... |
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 Can i get credit card???? |
| can i get a credit card when i am unemployed??????????... |
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butterflyspy | Im told I have a lousy credit score for various reasons but Ive never had a credit card. How can I get one? |
Im not in debt now and I own my car paid in full.The only ones ive been offered are insured or secured cards and I see them like a debit card.Will these cards proper use be the doorway to a real credit card or not? |
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Kokopelli
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You may have a low credit score simply because you have no credit. One of the factors that goes into making up a credit score is the ratio of total revolving dept to the total credit line. If you have no debt and no credit lines it can count against you. A favorable balance of revolving debt to the total available credit is even more important than making payments on time. Secured credit cards might work but you must be very careful because some charge exorbitant fees. A better route might be to apply for a couple department store charge cards, gas credit cards, and the like. Use these for a while, maybe 2-3 months, then try an application for a regular credit card and see what happens.
When I was recovering from bankruptcy about 20 years ago, I had several secured credit cards and I can tell you for a fact that YES, secured credit cards DO report to the credit bureaus.These type of cards can be a viable method to rebuilding credit.
If you know what you are doing, you can even be 29 days past due on credit card payments and installment loans and your payments are still reported as 'current'. |
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Katherine W
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You have a lousy credit score because you've never demonstrated that you can handle credit. You need to get a regular credit card and start making regular payments. Secured cards tend not to report payments, so they're useless. Try getting a department store card first, or a gas station card. |
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sweetvalenciagirl
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Yes. They will lead the way to proper credit cards. If you get a secured card they require that you pay some money towards them as a security, and they will send you a card with a low credit limit (like $200-$500).
Companies check your credit payment yearly and you can always request for a higher credit limit. If they do a check and see that you have paid on time, no late payment, nothing bad, then they will increase your credit limit.
They are not a debit card.
A debit card is directly taking from your checking account. The money you put towards the card is kind of like a security blanket for the company if you over charged and do not make payments. After you had the card for about a year or little over a year then you can request the money to be given bank to you. They will send you the money.
In fact the money you sent in to them for the card is not touch by you or them. It is placed in a savings account. You recieve it back.
The card works just like any credit card. You make a charge on it, they send you a bill, and you pay it off. They do not touch the money that you send in, in fact the money you sent in is placed in a savings account. They do not touch it, you do not touch it.
After you use it and show that you have a good standing you will be able to request a credit limit increase usually after a year.
So yes this card is a proper use, an open entry for real credit cards. It helps build your credit if you have none, fix your credit if your credit is bad.
The credit card is reported to all 3 credit companies and it shows that you have a credit card. It'll show the spending limit, if you paid late or if you are in good standing. It will show something. |
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jonborja
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It's one of the evils of being responsible and living within your means.
How can a credit company be sure you can pay them back...if you have no record of doing so......kinda stupid if you ask me....you've already demonstrated that you are responsible and not a splurge.....but then again credit card cos. love splurges. |
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TexasRose
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I wish you would have listed a few of the reasons. It would have been easier to help. One thing I would say is...make sure you pay all your utilites on time. That will affect your credit. |
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tt
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I agree totally with you. Borderline entrapment if you ask me. For what it is worth this might help. There is a free download software look at my profile for the url finance. The software gives you a perspective of where you are with your debts and gives a strategy on how to clear them. Its shareware software that I used with some success. It just might help you. |
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Richard H
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Get a co-signer who has a good credit score, and go to a local bank. Have the co-signer apply with you, and you should be able to get one on their credit history. |
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pannme
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Mortgage payments? Rent? Utilities? Phone? Car pmts? were you late paying them?) Overdue student loans? Order your FREE credit reports and those should shed some light.
How do you know you have a low score? Ask who told you.
OR beware of Id. theft. Don't delay...it could get worse evey day! |
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wdy_67
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First things first... get a copy of your credit reports from all 3 credit reporting companys. Federal law states you are entitled to a free credit report from the big 3 annually.
Extract:
Check your credit for free: Under federal law, you’re entitled to a FREE copy of your credit report once every 12 months. Log on to annualcreditreport.com, or call 877-322-8228.
Verify that the information is accurate. If not they have a way for you to dispute inaccurate or wrong information. Also, for about $5-7 a report you can get a copy of your credit score and the reasons (both good and bad) of why your score is rated this way, and if bad what you can do to improve it.
Department cards are usually pretty easy to get. Say a Dillard's , JCPenny or Sears cards. Make small purchases and pay them off. Good credit never goes away and bad will only stay on for up to 7 years max. (Bankruptcy however, stays for like 15). |
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wmlora0928
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Yes, secured credit cards will provide with credit history, and increase your beacon score, and depending on the secured credit it will become an unsecured credit card. The best ones are thru the bank where you have your checking account. be sure to ask when is your deposit returned. |
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TWil
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I was in the same situation for years. I just got my first credit card about 4 years ago. I am 35. No one would give me. I didnt have bad credit I just had no credit. I applyed for a department store credit card and I accually got it. I used it a couple times and paid it off each month and there after I was getting and still am getting pre approved credit apps in the mail all the time. Just dont go crazy like I did with getting credit cards. Once I got my first one I got 13 more after that,. Yes thats 14 credit cards at one time. And yes I had debt on all of them. I dont have that many now. I only have about 5. But just be careful. Good luck |
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