 Is there a type of debt consolidation for payday loans? |
| I've met with a lawyer to start to file for bankruptcy. The two main components of my debt are a car repo, which for some reason I still owe around $6000, and some payday loans, which I owe ... |
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 Should I take this offer from a collection agency? |
Recently they sent me an offer for a credit card. Here are portions of the letter that I have edited to keep this short.
Midland Credit Management, Inc. has made an arrangement with J... |
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 Where can i find a good debt consolidation loan? |
| With not so great credit and do not own home for equity.... |
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 If BOFA put me on Chex systems because a bounced check for $4k, will it show up on my credit report? |
| Someone had deposited a check into my bofa acct. i used the funds, than realized the check bounced. They put me into Chex systems and closed my checking acct? If i try to apply for a loan, will it ... |
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 So I let my boyfriend use my credit card.? |
| We broke up, and now he won't pay about three grand, is it worth taking him to court. I know I'm stupid. He has the merchandise purchased with the card, and has been paying the bill on ... |
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 Car Loan Question? |
| I bought a car a couple months ago and took out a 6 grand loan for it. When I took out the loan they said not to pay it off sooner then a year or else it will hurt my credit score since its my first ... |
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 How do you tell the man you love he is ruining your credit? |
| I have been with my mate for 14 years and when we got together I had 30k in my bank account, my credit was excellent, I paid my bills on time and had money left over without touching my bank account. ... |
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 I messed up.? |
| we had a bill from 2006 in our old house. the gas bill was in my then 17 (in 2003) year old sons name, because I had an unpaid bill myself. I had a lot of health problems when we moved last year, and ... |
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 My property has been foreclosed....and i am stuck with$30,000 line of credit? |
| i am thinking of filing for chapter 13 since i also have some credit card debt. is that going to look EXTREMLY bad having both of those marks on me? dont know what to do!!!... |
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 A man who makes 450 grand a year? |
What do you say about that? I just am curious what kind of lifestyle you envision for a man who makes $450,000 a year, and in five years will be making $900,000 year... What say you to THAT!
A... |
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 Who has gotten their stimulus rebate check?? |
| I have'nt gotten mine..my last 2 numbers are 03 where is mine???? i made over 3,000 in 2007. is there someone I can contact about not getting mine it should've gotten directly depoisted, ... |
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 Can I use my debit card as "credit" when there's a positive balance in my bank account, but not enough to... |
| cover what I need to get? In other words, will it be approved by the credit card reader (I know I can't push "debit" because that's automatically posted) as long as there's a ... |
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 My ex filing for bankruptcy - leaving me with the debt collectors? |
| I am now legally divorced, but when we separated, I did not cover my a@# financially. My dad was diagnosed with colon cancer, so I was not concentrating on the separation and left with my 2 kids to ... |
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 What should i do about debt collection? |
| About a year ago, i joined a book club, and thought i could pay the 14 dollars shipping and handeling. I was 17, and wanted to pay, but it just kept dragging on and on, also, I bought a dress that ... |
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 Does requesting a copy of your credit score, lower your credit score? |
| I've heard that if you request a copy of your credit score from one of the Main credit bureaus, it will actually reduce your credit score. Does anyone know if that is true or not? If so, how ... |
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 Low and non-existent Credit? |
How can I get a charge card when I don't have any credit and my husband's is moderate - upper 500's ... NO ONE will give us a credit card.
We really want to establish some ... |
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bosredsox2289 | Is a 606 credit score good for a beginner? Im new to this whole credit stuff!? |
Im 19 years old and im just starting to go in this credit thing. i had a credit card now for a year. I had no problems and have been paying my bills on time. But I was shocked that my credit score was kind of low at 606! is this normal for a typical person who is new to the credit world?!?!? and will my score build up overtime? |
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latebreakfast
 |
If you have been paying bills on time every time, and have a low debt to credit ratio, the reason your score is low might be due to the short length of credit history. Credit history takes up a whopping 35 percent of your score!
If you have at least 2 years worth, the score goes up.
So, just keep building yourself up like you're doing.
My son has a 601 score. He has a credit line of 1800.00
He is building his history just like you are.
So, don't get discouraged! |
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mysavingskit
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Check out this link http://www.myfico.com/CreditEducation/ImproveYourScore.aspx
to learn more about what creates your credit score and how you can improve it. |
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Jeff
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606 is about D to D+
Since "length of credit history" is one of the components of your FICO score, then as long as you stay current on all your debts, your score will continue to go up.
BUT, the path to a high FICO score is NOT the same as the path to wealth, despite what Visa may advertise. |
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patrickehoward
|
You must have defaulted or late paid some other credit balance. Also, if you are only paying minimum amount each month on your current card this too could be causing damage. Start paying a larger amount each month. Also, if you can, get another loan/ lease on your credit report. Do you have a cell phone? Car payment? Utilities? |
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Credit Guy
|
606 is NOT ok for someone just starting out earning credit. There are some things that need to be answered first...how long have you been on file with the credit bureaus? How much balances are you carrying on your cards?
606 is fair. Don't go out opening a bunch of new credit cards. Take your time. Check your credit reports and see what's on there. You should be closed to 660 provided you have made your payments on time.
I know this to be true because I am a lender and I repair credit for individuals. |
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vincent
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basicly as long as you keep paying your bills on time and develop a good hisotry with credit cards and dont take out alot of them ,you will get continually better |
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baddog372001
 |
hey read thru this
http://loans-guru.com/things-you-should-know-about-your-credit-report/ |
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disneydiva
 |
Yes that is fine for a beginner. To keep building your score keep the amount on your card low and continue those on time payments, paying more or all whenever you can. If you have been very responsible with that card, go ahead and try to get a second one just for the sake of having a card. Cut it up and don't use it, but keep the account open. Your score will go up if you have large amounts of open credit you are not using. |
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sunshine1121
 |
Credit history plays a part in your score. The longer you have good credit the better the score will be. Pay on time and try to pay in full. Don't open too many cards and don't ever cancel any of them (has a negative effect). |
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Sic Semper Tyrannis
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606 is pretty good. Just keep paying your bills on time. Keep a low balance on your cards.
And your fico will go up in time.
Good luck. |
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