 I just paid off credit problems in March, how long before it's okay to start applying for new credit? |
| I just recently paid off all of my credit problems and was wondering how long should I wait to apply for credit to attempt to re-establish my credit. Also, how long does it take to start ... |
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 Are there any benefits to paying off the debt that I owe? |
| What I mean is that I am hearing that negative information stays on your credit report for 7 years, even if it is paid off. So is there even a point in paying it off if it won't benefit my ... |
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 What is the reason for this? It sucks? |
| I want to buy a house. My credit is not bad. The aturny gen. has a jugement agenst me. It is 4 years old. It was payed off 3 years ago. I have writen letters to the credit *** holes but they will not ... |
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 Money budgeing HELP!!!? |
I am in the same situation as many people I make enough money but still somehow have none let over for cushioning
Auto-$442
Insurance- $127
Rent-$733
Cell-$60
Cable-$35<... |
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 Is it true if you pay at least 10.00 a month, then something cannot be put on your credit report? |
| Is it true that if you pay a small amount each month to a creditor then they cannot put it on your credit report? I owe about 800.00 and some people have said that if you send in 10.00 a month to ... |
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 I has a payday loan that I did not pay, what can they do to me? |
| Can it be theft by check or what? I have some law office calling giving me all this theft by check information. are they just bluffing or what? I cant pay it right now?.?.?.?.?.... |
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 I use a prepay electricity meter, and the credit has gone, I have no money until Friday what can I do?? |
Additional Details
I have 14p left and I have already asked everyone I can think of, to borrow money.... |
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 I'm looking for a good "1st" CREDIT CARD. Who should I go with? |
| Some factors to consider: Im a recent college graduate, I live in southern California, I've never had a credit card, I have no credit, and my main reason for getting a credit card is for use in ... |
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| Solo or Visa Electron? |
| Which debit card would you choose if u had to? or which one is popular? which one is used most?... |
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 If/when i pay off my debt how long will it take to come off my credit report.? |
currently i have 5 things on my credit report.
2 of them are student loans, im good on those.
the other 3 are in collection.
those are:
apartment $5,065
verizon $451
... |
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 Whats a good way to build my credit?? |
| right now i have fair credit, but i just want really good credit, are there any good ways to build my credit that wont take a long time and that isn't a big hassel. maybe some small things that ... |
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Sunset | Is it better for me to get a credit card or a debit card? |
I've never used either one before. Should I start off with a debit card? |
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$m¤¤v¥ £¤¢¤
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Actually both, I'll explain.
Debit cards- the money that's on there, once you pay that's it, it's gone. These should be used for "everyday puchases" It beats writing checks because the money's taken out right away, no having to wait for a check to clear. A lot of places are not accepting checks because of debit cards.
Credit cards- You have a certain amount that you can spend, once it's spent you have to pay it all back, hence the name "credit" These should be used in dire emergencies such as medical or automotive. With a credit card can allow you to rent a car, make hotel reservations where some companies may not allow you to do that with a debit card. You could still pay with one, but not to make the reservation.
To start off, I'd get a debit card just to get a general idea of how it works. I've supplied a link to one that works just like a checking account. |
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Chris N
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A debit card is handy for place that will not accept checks, or out-of-town checks. It works like credit but draws from your own funds so you are not "going into debt". Check with your financial institution regarding fees associated with using the card, and MAKE SURE to record it in your check register.
If you're looking to establish credit, you will need to use a credit card. If you are able, try to get one with reasonable fixed interest rates, and little or no annual fees. Use it only when you know you'll be able to pay it off in timely fashion. If you aren't sure that you'll be able to manage your spending habits, talk with your bank. They may be able to help you establish a credit line with a lower limit. This will limit the "damage" you can do to your own pocketbook. |
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*****
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A debit card does NOTHING to get you started with being creditworthy. A debit card draws money from a secure source. Get a credit card. |
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M J
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Get both. Use your debit card for most things. Use your credit card only for things that you can pay off at the end of every month. Ask for a low, maximum amount to charge. Depending on your income & what you can afford. This will build up your credit worthiness. |
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SPIFIMAN1
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Actually both. You need a credit card to start building your credit profile. You just have to be careful with it and never charge more than you can pay, make your payments on time or early to avoid interest charges.
Debit cards are linked directly to your checking account, there is no grace period, if you put $40.00 worth of gas in your car that money comes out of your checking account in seconds. If you use a credit card, you have 30-days to pay for it interest free. |
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Pibe75
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hello, sorry for my bad english (I'm brasilian)... credit card is when you have no money, but the bank gives u credit, then u have to pay after. Debit card u need an account in the bank, so u put money on it, and then u spend with your debit card, got it? hop I could help u. |
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Timothy
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start off with a debit card so you don't go crazie with it. A debit card won't let you spend more than you have.
However, I put everything on my credit card - but I am disciplined enough to pay it off every month. The advantages of a credit card are better fraud protection and sometimes they come with bonuses like frequent flier miles or cash back rewards. |
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Pay No Taxes For Life
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This depends upon what country you are in. In the USA it would be better for you to get a credit card. And the more the better and never close the accounts. This will maximize your credit score. If you are in another country you should consult with someone in that country.
You may find useful information at this site www.genesiscreditgroup.com |
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Kris
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Debit card because you are spending money you HAVE and won't be tempted to spend your money frivously if you had a credit card.
Avoid credit cards...with debit cards there is no reason to have one anyways since they work the same way a credit card does. |
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vicc248
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i think u should get a debit card since its ur money u will learn how 2 manage ur money |
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tinkerbell_pixy24
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debit card comes directly out of your checking account, so you won't receive a monthly bill and owe money later on...it's pretty much the same as writing a check, but it comes out immediately. I would say go with the debit card first to make sure you can manage your funds. Only get credit cards for emergencies...they can get you in trouble real quick, I know! |
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peachygurl86
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Everyone should have a credit card to help build up a positive credit history. I would get a debit card linked to your checking account, but also get a credit card. Make sure you are responsible with your credit card use. Never spend more than you can afford to pay back because not only will you have to pay astronimical interest rates, late fees, etc., you will be slowly destroying your credit. |
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ctfost82
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a debit card will build ur credit with the bank to which it belongs. then they will give u a credit card in the future. look at it as a starting point to figure out for yourself how well u manage ur own money. watch out for overdraft fees! credit cards r a lil more complicated than debit cards. |
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