 Credit card issuer cancel my card due to inactivity of the card use, will this impacts my credit score? |
| I got notification from credit card issuer that my credit card was canceled due to inactivity. I have not use the card for more than a year. I would like to know if this cacelation will have impact ... |
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 My brother is looking into filing bankruptcy, is that bad? |
| My brother has over 97,000 dollars in personal student loans, plus 60,000 in credit card debt, all accrued during college. All his debt was due to him paying for studnt supplies, tuition ect. He now ... |
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 Does anyone have an opinion about those debt eliminating companies? They reduce 60% of your debt in 3 years.? |
Additional Details
Apparently, you open a bank account, don't pay the credit card companies for 3-4 months but send payments to your account to build up enough money for them to ... |
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 How do I raise my credit score? |
| So as a teen I screwed up some, landing me 3k in debt and boasting a score of 580 :( :( so im 22 now and I really wanna fix this. what do I do?... |
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 Are my Credit Cards being fair?? |
| I just called to ask my credit card companies to lower my interest rate, and they said they can't do that until I get back into my limit. I am only 200 dollars over my limit on both, and my debt ... |
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 Fiancial Advice for someone who is in big trouble. What should my friend do? |
| My friend's parents are in debt 2 Million dollars because of some bad investments. They are trying to pay the mortgage on their home. The mortgage is 10k per month. The husband just lost his ... |
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 Is it legal for credit card companies to increase interest to 34.9%? |
| queried why payments were increased and was told interest rate was increased by 10%.... |
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 I have POOR credit and need help? |
| I have POOR credit, and a small debt. Because of my credit I can't get a loan, and because the debt is small I can't do consolidation. Is there any other offers I could take advantage of?... |
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 Can someone check my credit without my social security number? |
| I am applying to rent an apartment and the advertisement said that there was a credit check. The application doesn't ask for my social security number. There is no application or credit check ... |
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| Debt recovery? |
| My son has left home owing monies to a major credit card company..his address for this debt is my own and my wifes. we do not have any contact with our son as he just got up and left with no contact ... |
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 Do I have too many cards open that may be hurting more credit score? |
| I have 2 credit cards that are activeted and1 that is not activated. The first card was activated 07/07. The 2nd 09/07 and the 3trd one is open (againts my wises) but not activated 10/07. I also have ... |
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 My remaining balance on my credit card? |
| remaining credit balance on my Banco De Oro Shop More credit card number 5125 7102 7540 5101... |
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 Can a collection agency look into your credit report without your consent? |
| This morning I found a new inquiry made by a collection agency. Is this legal?... |
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 My family used my credit card? Help! |
A sibling committed fraud in my name, with a credit card, over $10,000.
What are the consequences, if I report it, or decided to do nothing?
Please, answer seriously. I don't ... |
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 Credit Card Fraud? Please help!!? |
| Hello, I have been using godaddy.com for stuff a couple days. I have only purchased 2 items on godaddy.com, which was Hosting plan-1 year for $38(with 10% off) and $8 domain. I even have the receipt ... |
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 Job centre crisis loan? |
| Has anone had a crisis loan from the Job Centre? How much did you get? What are the terms of re-payment?... |
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 Can someone tell me the consequences of going bankrupt? |
| I'm in too much debt and unable to pay it all and can only see the way forward is bankruptcy, not sure on how to do it and i dont no the full consequences of doing this. can anyone help?... |
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sweet2006 | Is it better to pay off credit cards or student loans sooner? Trying to buy a house and need to get rid of som |
e debt. thanks
Additional Details
14000 credit card debt 18000 student loan debt |
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la chica sexy
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I would pay off the credit cards first, because they are revolving loans. With a student low, take advantage of the good APR.
As a tip if you are trying to buy a house, I would subscribe to equifax score watch on equifax.com for a few months before you buy your house. Most lenders use this score, or a median of three credit bureaus. Equifax has a credit simulator, where they give you a special 1-800 number 24 hrs/day to call. They will tell you exactly how to increase your score, and which is better. It is worth the $7 bucks or so a month. |
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Gr8 F8
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which ever on has the highest interest rate should be paid first
check www.daveramsey.com |
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msmith7811
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Definitely the credit cards. The FICO score takes the types of debt you have into account as well as the amounts. |
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Ms. Unique
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I just recently found out this info. Although you didn't give enough information about how many credits cards and how much student loans, I hope this will help you. Add up the grand total of all and compare it with your total income. Make sure you pay all your bills on time and don't go over your credit limit. You should do this for 1 year without any late fees or over the limit fees. Next make sure that the balance on your credit cards is less than half the your credit limit and if you can pay some of your credit cards off, do so but don't close the accounts and don't charge anything on them. The same with your student loans make sure you're not behind in payments. If the interest rate for your credit cards are higher than the interest rate on your student loans, by all means pay the credit cards off first. You also can obtain free information from "Fannie Mae" (u.s. government) on the do's and don't before buying a home. Good Luck! |
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bvar0234
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I would pay off the debt that has the least advantage to you. In other words, if one has a higher interest rate than the other, I would pay it off first. However, if they were the same interest rate or close, I'd pay down the credit card debt, becauase you might have some tax advantages based on your individual circumstance for your student loans. Also, the student loans may be able to be deferred in the event you lose your income, thus giving you more flexibility--its much harder to get a 'break' from credit card companies. |
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frat_man
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CREDIT CARDS! I doubt your student loans are a revolving interest account like your CC and even if they are, I'm sure the APR is lower....also assuming that you can't borrow any more money on your loans, your CCs will look worse (unless you are already maxed out) because it shows that you could accumulate more debt. |
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Devmeister
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Dump the plastic first! You probably have a much higher interest rate on the cards than the student loan... |
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traffic814
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It better to pay of your cc first
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http://www.bestcreditrates.net |
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mbetzel@sbcglobal.net
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no brain-er dump the credit cards |
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