 Could it be a fraudulent website? |
| I bought cheap cigarettes from a website before christmas. I couldnt put my finger on it but got a feeling something wasnt quite right. Anyway I still havent recieved them. I contacted them twice &... |
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 I need a credit card? |
| so what should i know before getting one? I need one with like a limit of 500 or something....any advice?... |
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 Cash vs credit card? |
| do we save more shopping with cash or credit card? from what i notice.. sometimes when i shop with credit card.. they charge me with some transaction fees.. but on the other hand.. they also give me ... |
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 I found a credit card and if I use it, how much trouble will i get in? |
| i found a credit card and if I use it, how much trouble will i get in? im at walmart and i find a credit card and take. i leave walmart and me and my friends decide to take 1000$ out. should i do it?<... |
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 How much will co-signing a loan affect my credit score? |
| This is for our daughter, we have no problem co-signing as she is extremely responsible and cares as much about her credit as we do ours. We have an excellent score...799...but she is consolidating ... |
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 Math problem-help me solve? |
| An employee worked 40 hours at his regular rate of $5.00 per hour. He also worked 5 hours of overtime at a rate equal to 1-1/2 times his regular rate. How much did he earn this week? ?... |
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 Can a collections agency take money directly from my bank account without notification? |
| I defaulted on my credit card with my bank. They passed the debt onto a collections company. Just this week I received a sum of money left to me by a deceased relative. As soon as the money cleared ... |
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 Is it worth taking the risk and not paying, or will I get sued? |
| I earlier had posted a question about my CPA charging me $450 to do my taxes. Price was not discussed beforehand because a third party was paying for it in the past, so it was not a concern of mine. ... |
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 Very bad credit, any chance of getting an apartment? |
| Ok, we have bad credit. We have both been unemployed recently due to company shut downs,(yay Michigan) and have gotten behind on credit card payments. My husband just got a great job offer in C... |
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 Unsecured bad credit personal loan? |
| How and where to contact an honest, reputable, private individual NOT a bank, as soon as possible, to secure a loan to repay with interest. Prompt response is appreciated. Thank you in advance for ... |
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 I have a credit card I can't pay off. I don't care about my credit score. What can they do? |
I live in Texas and there is no wage garnishment laws here.
I know they will destroy my credit score but at this point I don't care.
Is there anything else they can do to ... |
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 Has anyone tried the credit cards for people with bad creit, if so are there any good ones out there? |
| has anyone tried any of the credit cards for poor credit, do they work and what problems has anyone had with ... |
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 How do I re built my credit? |
| i am 21 years old and have a credit score of 600, is there anything i can do to improve it?... |
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 Credit Cards , Are they really out to get you ? What do you think ? |
They have become much more treacherous to Consumbers .
1.
By imposed intrest rates in excess of 30% on customers whoes only offense might be a late payment to another creditor .
2.<... |
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 Credit Card question? |
My parents got me a credit card with my name on it but it was from their account. The Bill goes to my parents and I was wandering if the credit goes towards my credit history or my parents?
... |
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axelf57 | Is having 8 credit cards a GOOD idea? |
Because I don't think it is. I have my debit card, which I'm working on getting A credit card.....Wrong attitude? |
 |
 
J Sto
|
I'm not a credit specialist, but I do work in finance, and I personally think that's just too many. Are you using all of the cards? The main thing that's being looked at is longevity, and payment history, there are other factors, but again, my knowledge is somewhat limited in terms of calculating a score. You may want to reduce some of those cards, if some were issued by the same bank, see if you can combine the accounts. Good luck with everything. |
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sjj571
 |
One plus your debit card is plenty. |
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misslabeled
|
Very bad idea. Two, maybe three credit cards max.But someone just starting just have only one with a low limit until they're sure they can handle it. Too many people treat it like free money and forget they have to pay all that back, with interest. They buy things they can't afford because they can "pay over time," but over time they pay four times what the items are worth and then can't even pay the credit cards.
Having so many credit cards shows you have the extremely high potential of getting into debt. It does not look good on your credit report. |
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namram_r
 |
Why keeping 8 cards, keep maximum 2 .
one is sufficient with maximum credit limits, keep second for an emergency. third, four............eight no use wasting money. |
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KH
|
A credit card is a bad idea, 8 is a nightmare |
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malcy
|
Absolutely not. You'll be in debtors court a lot sooner than you think. |
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**Xp_mAn_Xp**
 |
don't get a credit card, why get into dept, just for easy money, if your young think of your long term comittments and what problems credit cards will ! cause you, work to live, not live to work ! |
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scout485
|
Generally a large number of credit cards indicates to potential lenders that you are a possible credit risk, even if you have zero balances on all of the cards. Debit cards don't impact your credit much since they are tied to your checking or savings account.
In considering credit worthiness, for a loan or mortgage down the road, the lenders will also look at, besides the number of credit cards, the maximum balance available. If, for instance, you have 8 cards with 5,000 credit limits each, you have a potential debt you can incur at any time of $40,000. That certainly reflects on whether a lender would give you additonal credit, say for a vehicle or for a home, and for any other purpose. Just remember that you are always borrowing money when you use credit cards; and always consider whether you really need to make a purchase on credit--a tv you bought on sale for $500 using your credit card can end up actually costing you $700 if you make minimum payments. |
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John
|
Check out this website. |
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stevewbcanada
|
If you can't afford to pay your entire credit card debt in one month, you have too many. I have one, with a $500 limit that I insisted on keeping that low (the issuer wanted to set it at $5000 because of my income). Whenever I use it, I pay it off online within a few days. |
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Karan
 |
It depends on how much you earn and what is your capacity to repay. |
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GUNNSLINGER
|
You should only have one at most. Why would you need more? To get more in debt? If you REALLY want to play it smart, only use your debit card. That way you can't spend what you don't have. |
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sexytrojan
|
Having 8 credit cards is great if you manage them correctly.
I have 4. 2 have no balances and high limits. The other 2 have high limits and no interest for a year. Those are the ones I use, and I pay them off every three months. |
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INACTIVE
|
As long as you don't use the credit cards, it's a great idea because it shows you have restraint and you have a low credit use to available credit ratio. As you "collect" credit cards make sure the interest rates are realistic and there are no annual fees but if you can stick the cards in a drawer they will remain there but once you start using them, you will remain in the credit card trap that so many people want to get out of. |
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Taylor G
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yes the more teh better because then u can buy more stuffs without paying right away which is good |
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