 If my credit cards gets cancelled due to inactivity, will that effect my credit ranking? |
| One of my credit cards just got cancelled because I haven't used it in about a year. Is this bad for my credit? I mean I had $0 balance on it and everything.... |
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 I signed up for a "free" credit report? |
| When I signed up it said its free for the 1st 30 days then you'll get charged for it unless you cancel. My problem is I can not find out how to cancel so I don't get charged for it I'... |
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 What happens to my credit if I give my truck back to the bank? |
| I still owe about what it is worth and I could save the hastle of trying to sell it by just giving it back to the bank.... |
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 How do i get a bank account with poor credit? |
| I have poor credit,and i need a new bank account.I'm not bothered about overdraft facilities or anything like that,so long as my direct debits can go out? Does anyone know who's more likely ... |
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 Getting a loan for a house? |
| i have poor credit ex: forclosures, repo's (being garnished for it), 1 credit card and utility bills. I am looking to get a 2nd chance on life as far as getting a loan to put a double-wide on a ... |
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 Okay in u.k what would you say a good salary is? |
| e.g is £21.000 for a newly qualified ok or bad?... |
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 How do i know how many credit card i have? |
| i want to know how many credit card do i have? because i think some one apply my credit card. thank ... |
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 How long should I keep my credit card statements including cards that I've cancelled?? |
| I'm trying to get rid of a lot of clutter in terms of old receipts, etc., but I don't know what to do w/ all my credit cards' statements. I keep them in a file drawer labeled per ... |
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 If I am an Emancipated Minor, can Obtain a credit card? |
| Emancipation of a minor , basically declares a minor an adult with certain provisions. You can contract for real estate, have cars under your name etc.... |
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 Does anyone know if a credit card company can take your child support checks as garnishment.? |
| a credit card company put a garnishment on my bank and took my savings and will take every penny of any child support checkes i deposit. can they do that considering its child support.... |
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 CAN C.C. COMPANIES GO AFTER MY BANK ACCT.,WAGES,OR BELONGINGS IF IM TOTALLY UNABLE TO MAKE PAYMENTS.? |
WAS RECENTLY LAID OFFAND CANNOT MAKE PAYMENTS.ITS BEEN OVER 3 MONTHS.DO I HAVE TO FILE BANKRUPTCY,OR CAN I JUST LET THIS RIDE OUT WITHOUT REPERCUSSIONS BESIDE TERRIBLE CREDIT.
Additional D... |
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 Can the bank under California Law ask for a co-signer in order to redeem a repossessed vehicle? |
| The bank does not want to release my car unless I can have a co-signer for the loan. Is there a law that I can quote that states that I do not have to provide a co-signer for the auto loan?... |
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 I co-signed on a loan? |
| I cosigned on a loan for my ex-boyfriend back in Dec. of 07. He assured me that he would refinance the vehicle in 6 months and have my name removed from the loan. It is the 7th month and he has not ... |
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 Why doesn't my credit report show my credit score? |
| It got my credit report online from Experian. Why doesn't it show my credit score?... |
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hefalump h | Is debt consolidation loans a good idea or just digging in deeper? |
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barbowork
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It depends on the circumstances. Sometimes a debt consolidation loan will reduce your monthly payment. You may be able to stretch the payments out over a longer period of time which would reduce your payments or you might get a little better interest rate. IF you don't plan to get rid of the credit cards that got you into a financial bind, then a debt consolidation loan is a BAD idea because you will just be tempted to run up more debt when you realize you have a little extra money from the lower payments. Credit cards are not bad things as long as you can set limits and stick to them. |
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Beth
 |
Don't get a loan, get on a debt consolidation program. This is where a non-profit organization contacts the creditors on your behalf, lowers or stops your interest rates and then you pay them a monthly payment you can manage. I did this and it changed my life so much for the better. |
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no one special
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it depends.... if you consolidate your loans and spend like you were before you can get in way deeper. getting out of debt is changing your habits. budegting is the key but do it yourself don't pay to have it down |
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Emma R
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Shop around for low interest rates, then pool all debts into the one consolidated loan with fortnightly repayments (if you get paid fortnightly).
**important** if you actually want to clear this debt quickly, make sure you check the fine print of any new loan for EARLY PAYOUT fines. sometmies they wont let you pay more than your minimum repayment or may charge you a fine for paying out your loan early. if you want to get red of your debt, you'll want to pay as much as you can afford back onto the loan, preferably over and above the minimum repayment.
But before consolidating, also ujst check what fees may be applicable with your current loans. there may be exit fees, and if you have many loans or if these are high it may not be worthwhile.
So definintely look into it, but just do your research thoroughly! |
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Brad H
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It is good because it can make interest lower and payments lower. The key is not to take the extra money you have and spend it un wisely or taking more credit out. |
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Blondie
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I was looking into a loan and after research found that a debt management program would be so much better. A loan just moves the money around and leaves your accounts open and therefore vulnerable for you to get back into the same spot you are in. The program i went with consolidated my payments into one--lowered my interest on all of my accounts and lowered my monthly payments overall.
Check out this company--the company i went with. i recommend them to everyone bc they have been great!
http://www.DebtCounselingCorp.org |
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Duane
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If you can get a debt consolidation loan for a better interest rate than you are currently paying and you can put your credit cards away and NOT use them until the loan is paid off, the go for it!
If you can't meet these requirements, then reconsider and keep looking! |
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$&$&
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I would not go into that. I've heard horrible stories about them and it will get you into deeper debt and the longer you don't pay your debt the more money you're going to owe. Per say you owe $5K now in 1 year it will be $7K in 2 yrs it will be $10K. The best way is for you to learn to lower your interest on your current debts and ask the companies on some type of payment plan that you can afford. This is what these companies will do anyways. You'll end up paying them for something that you can. Start googling for forums about how to fix your credit card. (Ex. cardratings.com)
Well Good Luck to ya! |
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Ask M
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digging deeper when you can do it yourself for free
www.creditinfocenter.com
buddhibbs.com |
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kamlion99
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Just don't join one of those credit counseling programs-no matter how good they make it sound. I joined one just for a lower interest rate-they said it wouldn't affect my credit and I would have it paid off in 3 yrs-and it ended up ruining me and causing me problems in getting other loans!
But a debt consolidation loan w/a lower interest rate is a good idea! |
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