 Whats the best way to get approved for a credit card if you don't have a job and a bad credit rating? |
| is there a web sight i can go to for the un-employed and bad credit ratings that they will approve me for a credit card?... |
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 My credit score is @ 570 and i have no debts, why can't i get approved for another credit card? |
| i have an ok credit score of 570, almost no inquiries, only 1 debt in collection and 1 credit card that i'm paying off, my credit report says it's pretty clean, why do i keep getting turned ... |
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 Can I cancel a credit card account without paying the balance in full first? |
| I have this card that is going to start charging me a monthly fee to use it, and Ive been wanting to cancel it for a while now, do I have to pay the balance off in full first or can I cancel it and ... |
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 Debt consolidation question? |
| I have been searching the net a bit, but not sure what i'm looking for. I'm looking for a way to consolidate my debt. I have never done this before, and not sure what place would be good. O... |
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 Should i go out tonight?? |
| i get paid tomorrow but i owe my mum £500 and counless amounts to credit card companys and the like, and i only get paid £500 (poor student) my mate said he would lend me some cash?... |
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 My dad got a check and is giving it to me to use to pay for my car. How do I put his check in my account? |
Dads check + _________ = $ in my account
Additional Details
It is a check he got for a job he did. so it is from them to him.... |
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 How will cosigning for a Cell Phone affect my Credit? |
A friend of mine was sent to a collection agency because of breaking a lease for an apartment... so her credit sucks.
She's asking me to possibly cosign for her to get a new Cell Phone plan.... |
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 I just graduated from college and am having trouble finding a job! What should I do? |
| I am a single mother of two. I currently am living with my boyfriend and I am not happy. I want to break up but I am afraid I will not be able to find a job fast enough to be able to support myself ... |
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 How does one build up a good credit history? |
| I need to start over and need help! I need steps to to do so thnx!... |
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 I want to build credit but no one will approve me for a credit card? |
| I want to build by credit so that when i graduate college in a year i can get a nice car or apartment. I can not seem to get approved no matter what. i have no credit history and i need help.... |
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 Car loan help credit score? AMEX help credit score? Please HELP!? |
| I have 10 revolving & 3 installment accounts listed, 0 mortgage & 0 other {no student loans, no car loans, etc}. All 13 of my accounts are in good standing. Only 4 of the accounts are open ... |
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 Shall I pull out my credit score on a regular basis? |
| I am having a fair credit score. I need some credit asap and so am trying to improve my score. So shall I need to pull out my credit score on a regular basis? Say once in every 1 month, 3 months, 6 ... |
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 What should I try to pay off 1st? |
| I have a repo on my credit which I owe 6000,I have 4 credit cards 1. is 345, 800, 1004, and 800. Plus I owe a gym 600 Should I try and put all my money towards the repo or should i pay off the same ... |
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 Should my fiance file for bankruptcy? |
| I have really good credit. My fiance made some really bad decisions in the past and has terrible credit. (credit cards, overdrawn bank account car loan .....) We are buying a home . We are planning ... |
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 What would u do if u found a $1000 on a street? |
look for owner?
keep it?
spend it on what? urslef? someone homeless?... |
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Golfcarmel | My friend may not be able to pay about $25,000.00 in Visa bills. He has no property, what can they do to him? |
All he has is a small pension and social security...No car, no house, no stocks.. but he is very worried.. What can they do to him? He lives with his daughter but has no property. He is over 88 years old. |
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Studly
 |
OK, lets clear up some of the terrible answers here....
They can NOT garnish your pension or Social Security.
I'm assuming that all of the debts are in his name and there is no co-signers. If so, the co-signer is liable for the debts.
They can not go after anyone else that is not on the card, so the nonsense about going after the daughter's property is silly.
What can they do?
If he has any money in the bank, they can attach to that and empty his account. So have him put money into your account.
If he owes a lot on one card (over $2000) they may try to sue him in court. Obviously it won't do them any good, since he has no source of income or property.
They will obviously place credit reports on his history. I don't forsee him getting any more credit.
Therefore, I really don't see anything they can do to collect.
What you need to do is send each creditor a nice letter explaining the situation to them. There are some sample letters in the links below. When they see that filing lawsuits will be just a waste of money on their part, they will not do it.
Good luck. |
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Frank Castle
 |
The Collection Agencies will take everything he owns (Including his bed) and then they will garnish all his pension and all his social security until he pays off the entire debt or dies. |
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Furryface
 |
his debt WILL NOT be "passed on" to his daughter, all she will need to do is contact the companies and provide documentation.
yes, it will mess up his credit, but they will not take his personal possesions. they will call and send letters. |
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Nita and Michael
 |
They don't really do anything, they just report it to the credit company and it makes his credit look bad, if he's worried he can file bankruptcy...but they usually won't do anything but send you bills and threats that they'll send it to a credit place... |
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Sapphyre
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Well what they can do to him after they sue him is to make sure he never has anything that they can take. After all you cant squeeze blood from a turnip. |
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njflmami3
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i don't think there is much they can do besides mess up his credit really bad.. but i could be wrong |
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chelsea_sherry_williams
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I not sure my dad is on social security....they might take out a certain percentage out of his money every month...not trying to scare you and dont quote me on that...and he can make payments of what he can they cant do anything to him while he makes any payment...10 here 20 there everymonth |
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Andizzle
 |
What can they do to him? Garnish his wages, if he has any. He will never be able to get credit. They may be able to bill his daughter, it depends on what contracts say. |
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gilfinn
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Hey, ain't you dead??? What's it matter to you??? |
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mrs.izabel
 |
How long ago did he accrue the debt? I was watching Suze Orman the other day on cable and she said that credit card debts have an expiration. After 5 years, credit card companies can no longer collect. They still try to collect money by using collection agencies, in hopes that the debtor will make a mistake like promising sending a payment.
I may have missed some details, so I would recommend going to Suze Orman's website to make sure. |
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WindowLicker
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I think he's fine. At 88, he's got bigger things to worry about. |
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izabela
|
File for bankruptcy
Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay their creditors. A declared state of bankruptcy can be requested by creditors in an effort to recoup a portion of what they are owed; however, in the overwhelming majority of cases, the bankruptcy is initiated by the bankrupt individual or organization.
The bad side to declaring bankruptcy is that he will probably never be able to have money loaned to him through credit again. |
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jaded_debated
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they i believe, could def garnish his ss checks... and how the hell do you acquire twenty five grand in cc bills and have nothin to show for it... |
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gun.figgle
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you look like bob barker... |
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